US Furniture and Home Furnishing Store Market Size study, by Type (Furniture Stores, Home Furnishing Stores), by Ownership (Retail Chains, Independent Stores), by Store Type (Exclusive/Retail Showrooms, Inclusive Retailers/Dealers Store) Forecasts 2022-20

US Furniture and Home Furnishing Store Market Size study, by Type (Furniture Stores, Home Furnishing Stores), by Ownership (Retail Chains, Independent Stores), by Store Type (Exclusive/Retail Showrooms, Inclusive Retailers/Dealers Store) Forecasts 2022-2032

US Furniture and Home Furnishing Store Market is valued at approximately USD 90 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 4% over the forecast period 2024-2032. Furniture and Home Furnishing Store is a retail store that sells a variety of furniture and home design products, such as beds, tables, sofas, and decorative accessories. These establishments offer a full shopping experience, enabling patrons to add chic and useful items to their living areas. Stores that sell furniture and home furnishings frequently have a range of styles, from traditional to modern, to suit a wide range of interests and preferences. A Furniture and Home Furnishing Store seeks to convert a property into a beautifully furnished home by providing knowledgeable professionals to help with design decisions and layout planning. Growing consumer awareness of environmental effects is driving a spike in demand for sustainable and eco-friendly items in the Furniture and Home Furnishings Store Market. With the increasing prevalence of online shopping, consumers are turning to digital platforms for their furniture needs, drawn by the convenience of browsing a wide range of products from the comfort of their homes. This shift has prompted traditional brick-and-mortar stores to expand their online presence and enhance their digital offerings.



The growing trend towards homeownership, particularly among millennials, is boosting demand for Furniture and Home Furnishings from companies like IKEA and Wayfair. As this group enters their peak home-buying years, consumer expenditure on furniture and décor is also growing. driven by a rising focus on remodeling and home improvement projects. This trend is pushing up the cost of furnishing stylish and cozy living spaces, reflecting homeowners' greater investment in their homes. These developments are poised to fuel future growth in the furniture and home furnishings store market, supported by innovative retail strategies and a strong emphasis on sustainability. However, economic downturns may lead consumers to prioritize necessities over furniture, while a slowdown in the housing market can further reduce demand. Additionally, brick-and-mortar stores face pressure from competition with online retailers, necessitating innovation and the creation of unique shopping experiences.

Major market player included in this report are:

Ashley Furniture Industries, Inc.

Heritage Home Group LLC

Herman Miller, Inc.

Steelcase Inc. Home Depot

Beyond, Inc.

Williams Sonoma, Inc.

Global Furniture Group

Target Brands, Inc.

Costco Wholesale Corporation

The detailed segments and sub-segment of the market are explained below:

By Type

Furniture Stores

Home Furnishing Stores

By Ownership

Retail Chains

Independent Stores

By Store Type

Exclusive/Retail Showrooms

Inclusive Retailers/Dealers Store

Years considered for the study are as follows:

Historical year – 2022

Base year – 2023

Forecast period – 2024 to 2032

Key Takeaways:

Market Estimates and Forecast for 10 years from 2022 to 2032.

Annualized revenues and Country level analysis for each market segment.

Detailed analysis of geographical landscape with Country level analysis of major regions.

Competitive landscape with information on major players in the market.

Analysis of key business strategies and recommendations on future market approach.

Analysis of competitive structure of the market.

Demand side and supply side analysis of the market.

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