Furniture & Home Furnishing Store 乐鱼体育官网 Size
| Study Period | 2020 - 2030 |
| Base Year For Estimation | 2024 |
| Forecast Data Period | 2025 - 2030 |
| 乐鱼体育官网 Size (2025) | USD 539.72 Billion |
| 乐鱼体育官网 Size (2030) | USD 661.40 Billion |
| CAGR (2025 - 2030) | 4.15% |
| 乐鱼体育官网 Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Furniture & Home Furnishing Store 乐鱼体育官网 Analysis
The Furniture and Home Furnishing Store 乐鱼体育官网 size is estimated at USD 539.72 billion in 2025, and is expected to reach USD 661.40 billion by 2030, at a CAGR of 4.15% during the forecast period (2025-2030).
Over the years, trends and new ideas have come and gone in the furniture and home furnishings industry.With increasing housing prices and a shortage of space, furniture and furnishings are being modified to make it possible to live in a smaller space. Through technology and new ideas, sofas, beds, and other types of furniture are getting better and better.
With the start of COVID-19, people were limited in what they could do in their homes, and people around the world were spending more and more time at home. This made people change the way they decorated and furnished their homes. Smart home products observed a continuous increase in purchases as consumers spent more time at home. With a growing percentage of the population working from home, multi-purpose furniture is in high demand, serving a variety of functions. This leads to furniture stores increasing their variety of products.
Over the upcoming period and in recovery from COVID-19, furniture providers started providing customers with a variety of furniture products based on their needs. Brands and stores are adopting the latest technologies to capitalize on and grow their digital 乐鱼体育官网places. For increasing sales and revenue, stores are providing customers with fast and free shipping, financing, a personalized experience, cash and carry, and other options.
Furniture & Home Furnishing Store 乐鱼体育官网 Trends
Increasing popularity of DIY furniture and home decor
The DIY furniture 乐鱼体育官网 is expanding due to changes in lifestyle and an increase in modern home renovations. The availability of contemporary home renovations encourages people to build outdoor gardens and galleries in their houses, for which they purchase do-it-yourself outdoor furniture to improve the aesthetic appeal of their houses. Another factor fuelling the DIY furniture 乐鱼体育官网's expansion is the world's rapid urbanization and globalization.
The rising standard of living is a result of increased urbanization. The demand for creative do-it-yourself furniture products may rise quickly because of technological advancements. The factors anticipated to propel 乐鱼体育官网 growth include the expansion of Furniture Stores with attractive products.
North America is Witnessing a Surge in Demand for Home Furnishings
Increasing household numbers are among the factors contributing to the Noth America real estate industry's growth. Consequently, the region 乐鱼体育官网 for furniture for homes is seeing growth. Additionally accelerating the real estate industry's growth is the region growing immigrant population. Home furnishings are becoming more and more in demand as North America residential construction picks up steam and the country's residential activity rises. This is especially true for newly purchased homes. It is anticipated that this will increase 乐鱼体育官网 demand.
The United States Census Bureau estimates that there were almost 139 million household units in the previous year. In current year, there were approximately 1.0 million new housing units added to the single-family and multifamily housing stock. It is projected that through forecasted period, the average annual number of new households will be approximately 1.22 million.
Furniture & Home Furnishing Store Industry Overview
As the economy is recovering from the impact of COVID-19 and the furniture and home furnishings 乐鱼体育官网 is recovering from supply chain disruptions and 乐鱼体育官网 fluctuations, the focus of furniture and home furnishings stores is on capturing a segment of the 乐鱼体育官网 to increase their 乐鱼体育官网 share, as a result of which they are focusing on the online and offline modes of their sales. Ashley Furniture Industries, Heritage Home Group, Herman Miller, Inter Ikea Systems, Steelcase, The Home Depot, Bed Bath & Beyond, Nitori Holdings, Williams Sonoma, and Furniture are among the existing stores, competing with each other for a larger share of the 乐鱼体育官网.
Furniture & Home Furnishing Store 乐鱼体育官网 Leaders
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IKEA
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The home depot
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Bed Bath & Beyond
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Nitori Holdings Co.Ltd
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Williams-Sonoma Inc
- *Disclaimer: Major Players sorted in no particular order
Furniture & Home Furnishing Store 乐鱼体育官网 News
- In October 2023, Pottery Barn, a portfolio brand of Williams-Sonoma, Inc, the world鈥檚 largest digital-first, design-led and sustainable home retailer launched new home furnishings collaboration inspired by the beloved holiday film, Elf
- August 2022: Inter Ikea Group invested in Flow Loop. Flow Loop is a Danish startup developing a water recycling shower solution. This collaboration is an important step by IKEA, given its commitment to developing innovative solutions that enable home water savings.
- February 2022: Havenly acquires the direct-to-consumer home furnishings company The Inside. Havenly is a network of professional interior designers who create custom visual designs based on client preferences.
Furniture & Home Furnishing Store Industry Segmentation
Furniture consists of large moveable objects in a room, such as tables and chairs, with home furnishing consisting of the use of furniture products, carpets, etc. to decorate the room. The Furniture And Home Furnishing Store 乐鱼体育官网 is Segmented By Type (Furniture Stores, Home Furnishing Stores), By Ownership (Retail Chains, Independent Stores), By Store Type (Exclusive/Retail Showrooms, Inclusive Retailers/Dealers Stores), and By Geography (North America, Europe, Latin America, Asia-Pacific, The Middle East, and Africa). The Report Offers 乐鱼体育官网 Size And Forecasts for the Furniture and Home Furnishings Stores 乐鱼体育官网 in Volume and Value (USD) for all the Above Segments.
| By Type | Furniture Stores |
| Home Furnishing Stores | |
| By Ownership | Retail Chains |
| Independent Stores | |
| By Store Type | Exclusive/Retail Showrooms |
| Inclusive Retailers/Dealers Store | |
| By Geography | North America |
| Europe | |
| Asia-Pacific | |
| Middle East |
Furniture & Home Furnishing Store 乐鱼体育官网 Research FAQs
How big is the Furniture and Home Furnishing Store 乐鱼体育官网?
The Furniture and Home Furnishing Store 乐鱼体育官网 size is expected to reach USD 539.72 billion in 2025 and grow at a CAGR of 4.15% to reach USD 661.40 billion by 2030.
What is the current Furniture and Home Furnishing Store 乐鱼体育官网 size?
In 2025, the Furniture and Home Furnishing Store 乐鱼体育官网 size is expected to reach USD 539.72 billion.
Who are the key players in Furniture and Home Furnishing Store 乐鱼体育官网?
IKEA, The home depot, Bed Bath & Beyond, Nitori Holdings Co.Ltd and Williams-Sonoma Inc are the major companies operating in the Furniture and Home Furnishing Store 乐鱼体育官网.
What years does this Furniture and Home Furnishing Store 乐鱼体育官网 cover, and what was the 乐鱼体育官网 size in 2024?
In 2024, the Furniture and Home Furnishing Store 乐鱼体育官网 size was estimated at USD 517.32 billion. The report covers the Furniture and Home Furnishing Store 乐鱼体育官网 historical 乐鱼体育官网 size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Furniture and Home Furnishing Store 乐鱼体育官网 size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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Furniture and Home Furnishing Store Industry Report
Statistics for the 2025 Furniture and Home Furnishing Store 乐鱼体育官网 share, size and revenue growth rate, created by Mordor Intelligence鈩� Industry Reports. Furniture and Home Furnishing Store analysis includes a 乐鱼体育官网 forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
