Market furniture market to grow around 95.7 billion USD (2024-2028), which is due to rising online sales, whereby the market development is operated by AI

NEW YORKPresent January 31, 2025 / Prnewswire/ – Report about how AI drives market transformation – the global size of the house furniture is estimated USD 95.7 billion From 2024 to 2028 according to Technavio. The market is estimated in the forecast period on a CAGR of 4.72%. Increasing online sales increase market growth with a trend towards the increasing importance of innovative tailor -made furniture. However, the fluctuating labor costs and raw material prices are a challenge. Ashley Retail LLC, Bernhardt Furnithure Co., Dare Studio Ltd., Ethan All Interiors Inc., Flexsteel Industries Inc., Möbel include USA Inc., Godre Interio, Inter Ikea Holding BV, Kimball International Inc., Lazboy Inc., Masterbrand Cabinets Inc., Millerknoll Inc., Nitori Holdings Co. Ltd., Roche Bobois Sa, Roomstogo.com Inc., Stanley Lifestyle Ltd. , Steelcase Inc., Steinhoff International Holdings NV, Wayfair Inc. and Williams Sonoma Inc.

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Market driver

The house furniture market flourishes with trends in the living room, in the dining room, in the bedroom and in the kitchen furniture. Special transactions and online individual trading business dominate the sector. The growth of the housing market has an impact on furniture issues. Environmentally friendly furniture such as formaldehyde-free sofa sets and recycled textiles are popular. Ready to assemble furniture and intelligent furniture, including ergonomically designed chairs and play tables. E-commerce, portable furniture and multi-purpose furniture are important trends. The Smart Sensing technology such as in cabins and sofas ensures added value. The house facilities include curtains, carpets and decor. Retailers for home furnishings offer a wide range of products, from wood, metal, glass, plastic and bamboo to ecological options. Non-organized industry players represent a challenge. Beds and mattresses use high-resolution foam and viscoelastic foams. Overall, the market for home furniture is dynamic and diverse.

The furniture market has changed significantly towards adjustments, with consumers expressing a growing interest in personalized units. Ikea and Ethan Allen are leading manufacturers in this area and offer fabric and design adjustment options. Ikea recently announced plans to produce multifunctional furniture that is transformed according to the daily needs. This innovative approach attracts consumers who are looking for versatile and customizable pieces. Adaptation is no longer a luxury, but a priority for many homeowners, which makes it an important trend in the furniture industry.

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Market challenges

• The house furniture market includes various segments such as living room, dining room, bedroom, kitchen and special shops. The challenges include the competition through online individual trading, non -organized industry players and the shift in the housing market. Environmentally friendly furniture such as formaldehyde-free sofa sets and recycled textiles are a growing trend. Ready to assemble furniture and intelligent furniture, including ergonomically designed chairs and play tables, are popular. E-commerce, portable furniture and multi-purpose furniture are important online trends. Intelligent recording technology, environmentally friendly materials such as bamboo and rattan and cabins are interior. The house facilities include curtains, carpets and decor. Retailers for house facilities offer various materials such as plastic, wood, metal and glass. Home centers and flagship shops anchor market presence. Bed & mattresses use high-resolution foam and viscoelastic foams. Unorganized industry players have an impact on market stability.
• The pricing for house furniture products is influenced by several factors, including manufacturing costs, labor costs, raw material costs and transport costs. Among these, the production costs, labor costs and raw material costs have a significant impact on the final price. Fluctuations in raw material costs such as steel, iron, plastic, wood, glass, oil products and colors affect the price of furniture products or the manufacturer's profit margins. The prices of these materials will change and can be influenced by international market trends. As a result, house furniture providers face a significant challenge in maintaining a consistent prices for their products.

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Segment overview

This house furniture market report largely covers the market segmentation from

1. Distribution channel

product

• 2.1 Living room furniture
• 2.2 Bedroom furniture
• 2.3 Storage furniture
• 2.4 Others

geography

• 3.1 APAC
• 3.2 North America
• 3.3 Europe
• 3.4 Middle East And Africa
• 3.5 South America

1.1 Offline The offline distribution of house furniture is the preferred funds for providers, manufacturers and dealers on the global market for home furniture. The offline channels include special shops, department stores, discount stores, hypermarkets, supermarkets, warehouse clubs and shops with manufacturers. Consumers can physically experience the product before buying, a concrete advantage over online channels. The growth of the offline distribution is powered by an increase in the number of providers that expand their offline presence in developed and developing regions. This expansion is particularly noticeable in the segments for residential and commercial house furniture. The offline distribution of padded home furniture is divided into special shops, department stores, hypermarkets, supermarkets and other retail stores. Large retailers are expanding into wholesale stores to use their growing customer base and increase the visibility of market furniture for house furniture.

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Research analysis

The market furniture market includes a wide range of products that are intended to improve the comfort and aesthetic attractiveness of living space. This market includes living room furniture such as sofas, armchairs and coffee tables, dining room furniture such as tables and chairs as well as bedroom furniture such as beds, chests of drawers and bedside tables. In addition, there are special shops and retailers for house facilities that offer unique and niche furniture. Smart venue is a growing market trend with technology such as smart -ensing technology for additional convenience. Online shops offer an enormous selection and easy purchases from home. Portable and multi -purpose furniture is aimed at the needs of small rooms and modern lifestyles. The market also offers a variety of materials such as plastic, wood, metal and glass. Environmentally friendly options are popular, e.g. B. formaldehyde-free sofa sets and recycled textiles. Beds and mattresses are available in different types such as high -resolution foam and viscoelastic foams. Marketing strategies vary from seasonal sales to personalized customer experiences. The market furniture market is diverse and continues to develop in order to meet the changing needs and preferences of consumers.

Market research overview

The house furniture market includes a wide range of products, including living room furniture such as sofas, sofas and coffee tables, dining room furniture such as tables and chairs as well as bedroom furniture such as beds, cupboards and chests of drawers. Special transactions and online individual trading shops are aimed at various customer preferences. The housing market also has an impact from the question of furniture. Environmentally friendly furniture made of materials such as bamboo, rattan and recycled textiles is gaining in popularity. Ready-to-assemble furniture, e-commerce and intelligent furniture are modern trends. The intelligent sensing technology, ergonomically designed chairs and gaming tables are innovative offers. The house facilities include curtains, carpets and decor. Retailers for house facilities offer a wide range of products, from formaldehyde-free sofa sets to multi-purpose furniture. The industry includes unorganized players, but wooden furniture market, beds and mattresses and high -resolution foam are significant segments. Anchoring such as home centers and flagship shops offer a shopping experience.

Table of contents:

1 Executive summary
2 market landscape
3 market size
4 historical market size
5 five forces analyzes
6 market segmentation

• Distribution channel
• product
• Living room furniture
• Bedroom furniture
• Warehouse
• Other
• geography
• APAC
• North America
• Europe
• Middle East and Africa
• South America

7 Customer landscape
8 geographical landscape
9 drivers, challenges and trends
10 corporate landscape
11 corporate analysis
12 Appendix

About Technavio

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Source Technavio