US Home Furniture Market 2023-2027

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $2,500	134 Pages	TechNavio	February, 2023	INF17782930

Best Price Guarantee
Price	from $2,500
Length	134 Pages
Publisher	TechNavio
Published Date	February, 2023
SKU	INF17782930

Home Furniture Market in US 2023-2027

Technavio has been monitoring the home furniture market in US and is forecast to grow by $13.32 bn during 2022-2027, accelerating at a CAGR of 3.7% during the forecast period. Our report on the home furniture market in US provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by improving residential construction market, increased awareness of home d©cor and attractive furnishings, and increasing online sales.

Technavio's home furniture market in US is segmented as below:

By Product

Living room furniture
Bedroom furniture
Storage furniture
Others

By Distribution Channel

Brick
mortar
Online mode

This study identifies the surging demand for eco-friendly furniture as one of the prime reasons driving the home furniture market growth during the next few years. Also, the growing importance of innovative customized furniture and focus on sustainable operations and offerings will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the home furniture market in US covers the following areas:

Home furniture market sizing
Home furniture market forecast
Home furniture market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading home furniture market vendors that include American Furniture Manufacturing Inc., Ashley home stores Ltd., Bassett Furniture Industries, Berkshire Hathaway Inc., Crate and Barrel, Dorel Industries Inc., Ethan Allen Interiors Inc., Inter IKEA Holding B.V., Klaussner Home Furnishings, LaZBoy Inc., Penney OpCo LLC, Pier 1 Imports Online Inc., Raymour and Flanigan Furniture and Mattresses, Restoration Hardware Inc., Roomstogo.com Inc., Sauder Woodworking Co., Sleep Number Corp., Steinhoff International Holdings NV, Wayfair Inc., and Williams Sonoma Inc. Also, the home furniture market in US analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Executive Summary
- Market overview
  - Table Executive Summary – Chart on Market Overview
  - Table Executive Summary – Data Table on Market Overview
  - Table Executive Summary – Chart on Country Market Characteristics
  - Table Executive Summary – Chart on Market Segmentation by Product
  - Table Executive Summary – Chart on Market Segmentation by Distribution Channel
  - Table Executive Summary – Chart on Vendor Market Positioning
Market Landscape
- Market ecosystem
  - Table Parent market
  - Table Market Characteristics
Market Sizing
- Market definition
  - Table Offerings of vendors included in the market definition
- Market segment analysis
  - Table Market segments
- Market size 2022
- Market outlook: Forecast for 2022-2027
  - Table Chart on US - Market size and forecast 2022-2027 ($ billion)
  - Table Data Table on US - Market size and forecast 2022-2027 ($ billion)
  - Table Chart on US: Year-over-year growth 2022-2027 (%)
  - Table Data Table on US: Year-over-year growth 2022-2027 (%)
Historic Market Size
- Home furniture market in US 2017 - 2021
  - Table Historic Market Size – Data Table on Home furniture market in US 2017 - 2021 ($ billion)
- Product Segment Analysis 2017 - 2021
  - Table Historic Market Size – Product Segment 2017 - 2021 ($ billion)
- Distribution Channel Segment Analysis 2017 - 2021
  - Table Historic Market Size – Distribution Channel Segment 2017 - 2021 ($ billion)
Five Forces Analysis
- Five forces summary
  - Table Five forces analysis - Comparison between 2022 and 2027
- Bargaining power of buyers
  - Table Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
- Bargaining power of suppliers
  - Table Bargaining power of suppliers – Impact of key factors in 2022 and 2027
- Threat of new entrants
  - Table Threat of new entrants – Impact of key factors in 2022 and 2027
- Threat of substitutes
  - Table Threat of substitutes – Impact of key factors in 2022 and 2027
- Threat of rivalry
  - Table Threat of rivalry – Impact of key factors in 2022 and 2027
- Market condition
  - Table Chart on Market condition - Five forces 2022 and 2027
Market Segmentation by Product
- Market segments
  - Table Chart on Product - Market share 2022-2027 (%)
  - Table Data Table on Product - Market share 2022-2027 (%)
- Comparison by Product
  - Table Chart on Comparison by Product
  - Table Data Table on Comparison by Product
- Living room furniture - Market size and forecast 2022- 2027
  - Table Chart on Living room furniture - Market size and forecast 2022-2027 ($ billion)
  - Table Data Table on Living room furniture - Market size and forecast 2022-2027 ($ billion)
  - Table Chart on Living room furniture - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Living room furniture - Year-over-year growth 2022-2027 (%)
- Bedroom furniture - Market size and forecast 2022-2027
  - Table Chart on Bedroom furniture - Market size and forecast 2022-2027 ($ billion)
  - Table Data Table on Bedroom furniture - Market size and forecast 2022-2027 ($ billion)
  - Table Chart on Bedroom furniture - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Bedroom furniture - Year-over-year growth 2022-2027 (%)
- Storage furniture - Market size and forecast 2022-2027
  - Table Chart on Storage furniture - Market size and forecast 2022-2027 ($ billion)
  - Table Data Table on Storage furniture - Market size and forecast 2022-2027 ($ billion)
  - Table Chart on Storage furniture - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Storage furniture - Year-over-year growth 2022-2027 (%)
- Others - Market size and forecast 2022-2027
  - Table Chart on Others - Market size and forecast 2022-2027 ($ billion)
  - Table Data Table on Others - Market size and forecast 2022-2027 ($ billion)
  - Table Chart on Others - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Others - Year-over-year growth 2022-2027 (%)
- Market opportunity by Product
  - Table Market opportunity by Product ($ billion)
Market Segmentation by Distribution Channel
- Market segments
  - Table Chart on Distribution Channel - Market share 2022-2027 (%)
  - Table Data Table on Distribution Channel - Market share 2022-2027 (%)
- Comparison by Distribution Channel
  - Table Chart on Comparison by Distribution Channel
  - Table Data Table on Comparison by Distribution Channel
- Brick and mortar - Market size and forecast 2022-2027
  - Table Chart on Brick and mortar - Market size and forecast 2022-2027 ($ billion)
  - Table Data Table on Brick and mortar - Market size and forecast 2022-2027 ($ billion)
  - Table Chart on Brick and mortar - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Brick and mortar - Year-over-year growth 2022-2027 (%)
- Online mode - Market size and forecast 2022-2027
  - Table Chart on Online mode - Market size and forecast 2022-2027 ($ billion)
  - Table Data Table on Online mode - Market size and forecast 2022-2027 ($ billion)
  - Table Chart on Online mode - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Online mode - Year-over-year growth 2022-2027 (%)
- Market opportunity by Distribution Channel
  - Table Market opportunity by Distribution Channel ($ billion)
Customer Landscape
- Customer landscape overview
  - Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Drivers, Challenges, and Trends
- Market drivers
  - Improving residential construction market
  - Increased awareness of home décor and attractive furnishings
  - Increasing online sales
- Market challenges
  - Inherent threat from re-used furniture market
  - Diversified customer preferences
  - Uncertainty in prices of raw materials
- Impact of drivers and challenges
  - Table Impact of drivers and challenges in 2022 and 2027
- Market trends
  - Surging demand for eco-friendly furniture
  - Growing importance of innovative customized furniture
  - Focus on sustainable operations and offerings
Vendor Landscape
- Overview
- Vendor landscape
  - Table Overview on Criticality of inputs and Factors of differentiation
- Landscape disruption
  - Table Overview on factors of disruption
- Industry risks
  - Table Impact of key risks on business
Vendor Analysis
- Vendors covered
  - Table Vendors covered
- Market positioning of vendors
  - Table Matrix on vendor position and classification
- American Furniture Manufacturing Inc.
  - Table American Furniture Manufacturing Inc. - Overview
  - Table American Furniture Manufacturing Inc. - Product / Service
  - Table American Furniture Manufacturing Inc. - Key offerings
- Ashley home stores Ltd.
  - Table Ashley home stores Ltd. - Overview
  - Table Ashley home stores Ltd. - Product / Service
  - Table Ashley home stores Ltd. - Key offerings
- Bassett Furniture Industries
  - Table Bassett Furniture Industries - Overview
  - Table Bassett Furniture Industries - Product / Service
  - Table Bassett Furniture Industries - Key offerings
  - Table Bassett Furniture Industries. - Segment focus
- Berkshire Hathaway Inc.
  - Table Berkshire Hathaway Inc. - Overview
  - Table Berkshire Hathaway Inc. - Business segments
  - Table Berkshire Hathaway Inc. - Key news
  - Table Berkshire Hathaway Inc. - Key offerings
  - Table Berkshire Hathaway Inc. - Segment focus
- Ethan Allen Interiors Inc.
  - Table Ethan Allen Interiors Inc. - Overview
  - Table Ethan Allen Interiors Inc. - Business segments
  - Table Ethan Allen Interiors Inc. - Key offerings
  - Table Ethan Allen Interiors Inc. - Segment focus
- Inter IKEA Holding B.V.
  - Table Inter IKEA Holding B.V. - Overview
  - Table Inter IKEA Holding B.V. - Product / Service
  - Table Inter IKEA Holding B.V. - Key offerings
- Klaussner Home Furnishings
  - Table Klaussner Home Furnishings - Overview
  - Table Klaussner Home Furnishings - Product / Service
  - Table Klaussner Home Furnishings - Key offerings
- LaZBoy Inc.
  - Table LaZBoy Inc. - Overview
  - Table LaZBoy Inc. - Business segments
  - Table LaZBoy Inc. - Key offerings
  - Table LaZBoy Inc. - Segment focus
- Penney OpCo LLC
  - Table Penney OpCo LLC - Overview
  - Table Penney OpCo LLC - Product / Service
  - Table Penney OpCo LLC - Key offerings
- Pier 1 Imports Online Inc.
  - Table Pier 1 Imports Online Inc. - Overview
  - Table Pier 1 Imports Online Inc. - Business segments
  - Table Pier 1 Imports Online Inc. - Key offerings
  - Table Pier 1 Imports Online Inc. - Segment focus
- Raymour and Flanigan Furniture and Mattresses
  - Table Raymour and Flanigan Furniture and Mattresses - Overview
  - Table Raymour and Flanigan Furniture and Mattresses - Product / Service
  - Table Raymour and Flanigan Furniture and Mattresses - Key offerings
- Restoration Hardware Inc.
  - Table Restoration Hardware Inc. - Overview
  - Table Restoration Hardware Inc. - Business segments
  - Table Restoration Hardware Inc. - Key offerings
  - Table Restoration Hardware Inc. - Segment focus
- Roomstogo.com Inc.
  - Table Roomstogo.com Inc. - Overview
  - Table Roomstogo.com Inc. - Product / Service
  - Table Roomstogo.com Inc. - Key offerings
- Steinhoff International Holdings NV
  - Table Steinhoff International Holdings NV - Overview
  - Table Steinhoff International Holdings NV - Business segments
  - Table Steinhoff International Holdings NV - Key offerings
  - Table Steinhoff International Holdings NV - Segment focus
- Williams Sonoma Inc.
  - Table Williams Sonoma Inc. - Overview
  - Table Williams Sonoma Inc. - Business segments
  - Table Williams Sonoma Inc. - Key news
  - Table Williams Sonoma Inc. - Key offerings
  - Table Williams Sonoma Inc. - Segment focus
Appendix
- Scope of the report
  - Market definition
  - Objectives
  - Notes and caveats
- Inclusions and exclusions checklist
  - Table Inclusions checklist
  - Table Exclusions checklist
- Currency conversion rates for US$
  - Table Currency conversion rates for US$
- Research methodology
  - Table Research methodology
  - Table Validation techniques employed for market sizing
  - Table Information sources
- List of abbreviations
  - Table List of abbreviations