Global Home Furniture Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global Home Furniture market size was valued at USD million in 2023 and is forecast to a readjusted size of USD million by 2030 with a CAGR of % during review period.
Home furniture includes beds and mattresses, tables and table tops, desks, chairs, storage cabinets, sofas, and other furniture that are used to make a house or building a comfortable place to live.
One of the key factors driving the market’s growth is the improvement in the residential construction market. The home furniture market will be driven by the growth of the real estate industry until the end of 2023. Women are increasingly joining the workforce and are living independently. It has been observed that around 45% of the working population are women. This fuels the need for service apartments, which in turn, boosts the demand for home furniture in the country. The decline in the women unemployment rates will enable them to own or rent apartments or houses. This will boost the demand for residential construction activities and drive the need for household furniture such as beds and mattresses, storage units, tables and table tops, chairs, sofas, recliners, and other luxury products.
The Global Info Research report includes an overview of the development of the Home Furniture industry chain, the market status of Online Retail (Living Room Furniture, Bedroom Furniture), Offline Retail (Living Room Furniture, Bedroom Furniture), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Home Furniture.
Regionally, the report analyzes the Home Furniture markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Home Furniture market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Home Furniture market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Home Furniture industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Living Room Furniture, Bedroom Furniture).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Home Furniture market.
Regional Analysis: The report involves examining the Home Furniture market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Home Furniture market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Home Furniture:
Company Analysis: Report covers individual Home Furniture manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Home Furniture This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Online Retail, Offline Retail).
Technology Analysis: Report covers specific technologies relevant to Home Furniture. It assesses the current state, advancements, and potential future developments in Home Furniture areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Home Furniture market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Home Furniture market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Living Room Furniture
Bedroom Furniture
Storage Furniture
Market segment by Application
Online Retail
Offline Retail
Major players covered
Ashley Furniture HomeStore
La-Z-Boy
IKEA
Williams-Sonoma
Rooms To Go
Mattress Firm
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Home Furniture product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Home Furniture, with price, sales, revenue and global market share of Home Furniture from 2019 to 2024.
Chapter 3, the Home Furniture competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Home Furniture breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Home Furniture market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Home Furniture.
Chapter 14 and 15, to describe Home Furniture sales channel, distributors, customers, research findings and conclusion.