Abstract
Summary
Furniture refers to movable objects intended to support various human activities such as seating (e.g., chairs, stools, and sofas), eating (tables), and sleeping (e.g., beds). Furniture is also used to hold objects at a convenient height for work (as horizontal surfaces above the ground, such as tables and desks), or to store things (e.g., cupboards and shelves). Furniture can be a product of design and is considered a form of decorative art. In addition to furniture's functional role, it can serve a symbolic or religious purpose. It can be made from many materials, including metal, plastic, and wood.
LPI (LP Information)' newest research report, the “Furniture Industry Forecast” looks at past sales and reviews total world Furniture sales in 2024, providing a comprehensive analysis by region and market sector of projected Furniture sales for 2025 through 2031. With Furniture sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Furniture industry.
This Insight Report provides a comprehensive analysis of the global Furniture landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Furniture portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Furniture market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Furniture and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Furniture.
The global Furniture market size is projected to grow from US$ 401910 million in 2024 to US$ 537960 million in 2031; it is expected to grow at a CAGR of 537960 from 2025 to 2031.
The home furniture segment accounts for the largest revenue share due to the evolution of flat-pack and RTA furniture. To cater to the rising demand, the vendors in the market are focusing on manufacturing flat-pack furniture for medium-price segments and solid wood furniture targeted at the high-end market.
This report presents a comprehensive overview, market shares, and growth opportunities of Furniture market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Metal Furniture
Plastic Furniture
Wood Furniture
Segmentation by application
Household
Office
Hospitality & Hotel
Education
Healthcare
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Steelcase
Herman Miller
Haworth
HNI Corporation
Okamura Corporation
Kokuyo
ITOKI
Global Furniture Group
Teknion
Knoll
Kimball International
KI
Kinnarps Holding
Nowy Styl
Ahrend
Henglin Chair Industry
Flokk
Fursys
SUNON
Uchida Yoko
Changjiang Furniture Company
Sedus Stoll
EFG Holding
Aurora
Bene
Quama
Martela
USM Holding
VS
Lanlin
IKEA
Ashley Furniture Industries
Steinhoff
Kimball
Hill-Rom
Stryker
Key Questions Addressed in this Report
What is the 10-year outlook for the global Furniture market?
What factors are driving Furniture market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Furniture market opportunities vary by end market size?
How does Furniture break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
LPI (LP Information)' newest research report, the “Furniture Industry Forecast” looks at past sales and reviews total world Furniture sales in 2024, providing a comprehensive analysis by region and market sector of projected Furniture sales for 2025 through 2031. With Furniture sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Furniture industry.
This Insight Report provides a comprehensive analysis of the global Furniture landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Furniture portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Furniture market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Furniture and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Furniture.
The global Furniture market size is projected to grow from US$ 401910 million in 2024 to US$ 537960 million in 2031; it is expected to grow at a CAGR of 537960 from 2025 to 2031.
The home furniture segment accounts for the largest revenue share due to the evolution of flat-pack and RTA furniture. To cater to the rising demand, the vendors in the market are focusing on manufacturing flat-pack furniture for medium-price segments and solid wood furniture targeted at the high-end market.
This report presents a comprehensive overview, market shares, and growth opportunities of Furniture market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Metal Furniture
Plastic Furniture
Wood Furniture
Segmentation by application
Household
Office
Hospitality & Hotel
Education
Healthcare
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Steelcase
Herman Miller
Haworth
HNI Corporation
Okamura Corporation
Kokuyo
ITOKI
Global Furniture Group
Teknion
Knoll
Kimball International
KI
Kinnarps Holding
Nowy Styl
Ahrend
Henglin Chair Industry
Flokk
Fursys
SUNON
Uchida Yoko
Changjiang Furniture Company
Sedus Stoll
EFG Holding
Aurora
Bene
Quama
Martela
USM Holding
VS
Lanlin
IKEA
Ashley Furniture Industries
Steinhoff
Kimball
Hill-Rom
Stryker
Key Questions Addressed in this Report
What is the 10-year outlook for the global Furniture market?
What factors are driving Furniture market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Furniture market opportunities vary by end market size?
How does Furniture break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Table of Contents
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Furniture Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Furniture by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Furniture by Country/Region, 2020, 2024 & 2031
2.2 Furniture Segment by Type
2.2.1 Metal Furniture
2.2.2 Plastic Furniture
2.2.3 Wood Furniture
2.3 Furniture Sales by Type
2.3.1 Global Furniture Sales Market Share by Type (2020-2025)
2.3.2 Global Furniture Revenue and Market Share by Type (2020-2025)
2.3.3 Global Furniture Sale Price by Type (2020-2025)
2.4 Furniture Segment by Application
2.4.1 Household
2.4.2 Office
2.4.3 Hospitality & Hotel
2.4.4 Education
2.4.5 Healthcare
2.4.6 Other
2.5 Furniture Sales by Application
2.5.1 Global Furniture Sale Market Share by Application (2020-2025)
2.5.2 Global Furniture Revenue and Market Share by Application (2020-2025)
2.5.3 Global Furniture Sale Price by Application (2020-2025)
3 Global Furniture by Company
3.1 Global Furniture Breakdown Data by Company
3.1.1 Global Furniture Annual Sales by Company (2020-2025)
3.1.2 Global Furniture Sales Market Share by Company (2020-2025)
3.2 Global Furniture Annual Revenue by Company (2020-2025)
3.2.1 Global Furniture Revenue by Company (2020-2025)
3.2.2 Global Furniture Revenue Market Share by Company (2020-2025)
3.3 Global Furniture Sale Price by Company
3.4 Key Manufacturers Furniture Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Furniture Product Location Distribution
3.4.2 Players Furniture Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2020-2025)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Furniture by Geographic Region
4.1 World Historic Furniture Market Size by Geographic Region (2020-2025)
4.1.1 Global Furniture Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Furniture Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Furniture Market Size by Country/Region (2020-2025)
4.2.1 Global Furniture Annual Sales by Country/Region (2020-2025)
4.2.2 Global Furniture Annual Revenue by Country/Region (2020-2025)
4.3 Americas Furniture Sales Growth
4.4 APAC Furniture Sales Growth
4.5 Europe Furniture Sales Growth
4.6 Middle East & Africa Furniture Sales Growth
5 Americas
5.1 Americas Furniture Sales by Country
5.1.1 Americas Furniture Sales by Country (2020-2025)
5.1.2 Americas Furniture Revenue by Country (2020-2025)
5.2 Americas Furniture Sales by Type
5.3 Americas Furniture Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Furniture Sales by Region
6.1.1 APAC Furniture Sales by Region (2020-2025)
6.1.2 APAC Furniture Revenue by Region (2020-2025)
6.2 APAC Furniture Sales by Type
6.3 APAC Furniture Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Furniture by Country
7.1.1 Europe Furniture Sales by Country (2020-2025)
7.1.2 Europe Furniture Revenue by Country (2020-2025)
7.2 Europe Furniture Sales by Type
7.3 Europe Furniture Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Furniture by Country
8.1.1 Middle East & Africa Furniture Sales by Country (2020-2025)
8.1.2 Middle East & Africa Furniture Revenue by Country (2020-2025)
8.2 Middle East & Africa Furniture Sales by Type
8.3 Middle East & Africa Furniture Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Furniture
10.3 Manufacturing Process Analysis of Furniture
10.4 Industry Chain Structure of Furniture
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Furniture Distributors
11.3 Furniture Customer
12 World Forecast Review for Furniture by Geographic Region
12.1 Global Furniture Market Size Forecast by Region
12.1.1 Global Furniture Forecast by Region (2026-2031)
12.1.2 Global Furniture Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Furniture Forecast by Type
12.7 Global Furniture Forecast by Application
13 Key Players Analysis
13.1 Steelcase
13.1.1 Steelcase Company Information
13.1.2 Steelcase Furniture Product Portfolios and Specifications
13.1.3 Steelcase Furniture Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 Steelcase Main Business Overview
13.1.5 Steelcase Latest Developments
13.2 Herman Miller
13.2.1 Herman Miller Company Information
13.2.2 Herman Miller Furniture Product Portfolios and Specifications
13.2.3 Herman Miller Furniture Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 Herman Miller Main Business Overview
13.2.5 Herman Miller Latest Developments
13.3 Haworth
13.3.1 Haworth Company Information
13.3.2 Haworth Furniture Product Portfolios and Specifications
13.3.3 Haworth Furniture Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 Haworth Main Business Overview
13.3.5 Haworth Latest Developments
13.4 HNI Corporation
13.4.1 HNI Corporation Company Information
13.4.2 HNI Corporation Furniture Product Portfolios and Specifications
13.4.3 HNI Corporation Furniture Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 HNI Corporation Main Business Overview
13.4.5 HNI Corporation Latest Developments
13.5 Okamura Corporation
13.5.1 Okamura Corporation Company Information
13.5.2 Okamura Corporation Furniture Product Portfolios and Specifications
13.5.3 Okamura Corporation Furniture Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 Okamura Corporation Main Business Overview
13.5.5 Okamura Corporation Latest Developments
13.6 Kokuyo
13.6.1 Kokuyo Company Information
13.6.2 Kokuyo Furniture Product Portfolios and Specifications
13.6.3 Kokuyo Furniture Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 Kokuyo Main Business Overview
13.6.5 Kokuyo Latest Developments
13.7 ITOKI
13.7.1 ITOKI Company Information
13.7.2 ITOKI Furniture Product Portfolios and Specifications
13.7.3 ITOKI Furniture Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 ITOKI Main Business Overview
13.7.5 ITOKI Latest Developments
13.8 Global Furniture Group
13.8.1 Global Furniture Group Company Information
13.8.2 Global Furniture Group Furniture Product Portfolios and Specifications
13.8.3 Global Furniture Group Furniture Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 Global Furniture Group Main Business Overview
13.8.5 Global Furniture Group Latest Developments
13.9 Teknion
13.9.1 Teknion Company Information
13.9.2 Teknion Furniture Product Portfolios and Specifications
13.9.3 Teknion Furniture Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 Teknion Main Business Overview
13.9.5 Teknion Latest Developments
13.10 Knoll
13.10.1 Knoll Company Information
13.10.2 Knoll Furniture Product Portfolios and Specifications
13.10.3 Knoll Furniture Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 Knoll Main Business Overview
13.10.5 Knoll Latest Developments
13.11 Kimball International
13.11.1 Kimball International Company Information
13.11.2 Kimball International Furniture Product Portfolios and Specifications
13.11.3 Kimball International Furniture Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 Kimball International Main Business Overview
13.11.5 Kimball International Latest Developments
13.12 KI
13.12.1 KI Company Information
13.12.2 KI Furniture Product Portfolios and Specifications
13.12.3 KI Furniture Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 KI Main Business Overview
13.12.5 KI Latest Developments
13.13 Kinnarps Holding
13.13.1 Kinnarps Holding Company Information
13.13.2 Kinnarps Holding Furniture Product Portfolios and Specifications
13.13.3 Kinnarps Holding Furniture Sales, Revenue, Price and Gross Margin (2020-2025)
13.13.4 Kinnarps Holding Main Business Overview
13.13.5 Kinnarps Holding Latest Developments
13.14 Nowy Styl
13.14.1 Nowy Styl Company Information
13.14.2 Nowy Styl Furniture Product Portfolios and Specifications
13.14.3 Nowy Styl Furniture Sales, Revenue, Price and Gross Margin (2020-2025)
13.14.4 Nowy Styl Main Business Overview
13.14.5 Nowy Styl Latest Developments
13.15 Ahrend
13.15.1 Ahrend Company Information
13.15.2 Ahrend Furniture Product Portfolios and Specifications
13.15.3 Ahrend Furniture Sales, Revenue, Price and Gross Margin (2020-2025)
13.15.4 Ahrend Main Business Overview
13.15.5 Ahrend Latest Developments
13.16 Henglin Chair Industry
13.16.1 Henglin Chair Industry Company Information
13.16.2 Henglin Chair Industry Furniture Product Portfolios and Specifications
13.16.3 Henglin Chair Industry Furniture Sales, Revenue, Price and Gross Margin (2020-2025)
13.16.4 Henglin Chair Industry Main Business Overview
13.16.5 Henglin Chair Industry Latest Developments
13.17 Flokk
13.17.1 Flokk Company Information
13.17.2 Flokk Furniture Product Portfolios and Specifications
13.17.3 Flokk Furniture Sales, Revenue, Price and Gross Margin (2020-2025)
13.17.4 Flokk Main Business Overview
13.17.5 Flokk Latest Developments
13.18 Fursys
13.18.1 Fursys Company Information
13.18.2 Fursys Furniture Product Portfolios and Specifications
13.18.3 Fursys Furniture Sales, Revenue, Price and Gross Margin (2020-2025)
13.18.4 Fursys Main Business Overview
13.18.5 Fursys Latest Developments
13.19 SUNON
13.19.1 SUNON Company Information
13.19.2 SUNON Furniture Product Portfolios and Specifications
13.19.3 SUNON Furniture Sales, Revenue, Price and Gross Margin (2020-2025)
13.19.4 SUNON Main Business Overview
13.19.5 SUNON Latest Developments
13.20 Uchida Yoko
13.20.1 Uchida Yoko Company Information
13.20.2 Uchida Yoko Furniture Product Portfolios and Specifications
13.20.3 Uchida Yoko Furniture Sales, Revenue, Price and Gross Margin (2020-2025)
13.20.4 Uchida Yoko Main Business Overview
13.20.5 Uchida Yoko Latest Developments
13.21 Changjiang Furniture Company
13.21.1 Changjiang Furniture Company Company Information
13.21.2 Changjiang Furniture Company Furniture Product Portfolios and Specifications
13.21.3 Changjiang Furniture Company Furniture Sales, Revenue, Price and Gross Margin (2020-2025)
13.21.4 Changjiang Furniture Company Main Business Overview
13.21.5 Changjiang Furniture Company Latest Developments
13.22 Sedus Stoll
13.22.1 Sedus Stoll Company Information
13.22.2 Sedus Stoll Furniture Product Portfolios and Specifications
13.22.3 Sedus Stoll Furniture Sales, Revenue, Price and Gross Margin (2020-2025)
13.22.4 Sedus Stoll Main Business Overview
13.22.5 Sedus Stoll Latest Developments
13.23 EFG Holding
13.23.1 EFG Holding Company Information
13.23.2 EFG Holding Furniture Product Portfolios and Specifications
13.23.3 EFG Holding Furniture Sales, Revenue, Price and Gross Margin (2020-2025)
13.23.4 EFG Holding Main Business Overview
13.23.5 EFG Holding Latest Developments
13.24 Aurora
13.24.1 Aurora Company Information
13.24.2 Aurora Furniture Product Portfolios and Specifications
13.24.3 Aurora Furniture Sales, Revenue, Price and Gross Margin (2020-2025)
13.24.4 Aurora Main Business Overview
13.24.5 Aurora Latest Developments
13.25 Bene
13.25.1 Bene Company Information
13.25.2 Bene Furniture Product Portfolios and Specifications
13.25.3 Bene Furniture Sales, Revenue, Price and Gross Margin (2020-2025)
13.25.4 Bene Main Business Overview
13.25.5 Bene Latest Developments
13.26 Quama
13.26.1 Quama Company Information
13.26.2 Quama Furniture Product Portfolios and Specifications
13.26.3 Quama Furniture Sales, Revenue, Price and Gross Margin (2020-2025)
13.26.4 Quama Main Business Overview
13.26.5 Quama Latest Developments
13.27 Martela
13.27.1 Martela Company Information
13.27.2 Martela Furniture Product Portfolios and Specifications
13.27.3 Martela Furniture Sales, Revenue, Price and Gross Margin (2020-2025)
13.27.4 Martela Main Business Overview
13.27.5 Martela Latest Developments
13.28 USM Holding
13.28.1 USM Holding Company Information
13.28.2 USM Holding Furniture Product Portfolios and Specifications
13.28.3 USM Holding Furniture Sales, Revenue, Price and Gross Margin (2020-2025)
13.28.4 USM Holding Main Business Overview
13.28.5 USM Holding Latest Developments
13.29 VS
13.29.1 VS Company Information
13.29.2 VS Furniture Product Portfolios and Specifications
13.29.3 VS Furniture Sales, Revenue, Price and Gross Margin (2020-2025)
13.29.4 VS Main Business Overview
13.29.5 VS Latest Developments
13.30 Lanlin
13.30.1 Lanlin Company Information
13.30.2 Lanlin Furniture Product Portfolios and Specifications
13.30.3 Lanlin Furniture Sales, Revenue, Price and Gross Margin (2020-2025)
13.30.4 Lanlin Main Business Overview
13.30.5 Lanlin Latest Developments
13.31 IKEA
13.32 Ashley Furniture Industries
13.33 Steinhoff
13.34 Kimball
13.35 Hill-Rom
13.36 Stryker
14 Research Findings and Conclusion