Top 50 Companies in the Furniture Market & Report (2025–2035) Key Insights & Innovations
RELEASE DATE: Aug 2025 Author: Spherical InsightsRequest Free Sample Speak to Analyst
Description
According to a research report published by Spherical Insights & Consulting, The Global Furniture Market Size is projected to grow from USD 735.45 billion in 2024 to USD 1440.20 billion by 2035, at a CAGR of 6.3% during the forecast period 2025–2035. Growing disposable incomes, the expansion of the hotel, housing, and commercial construction sectors, as well as the rising demand for high-end and luxury furniture from specific clients worldwide, are the primary factors driving the growth of the furniture market.
Introduction
The Global Industry that designs, produces, distributes, and sells moveable items meant to facilitate human activities, including sitting, sleeping, storing, and working is included in the furniture market. Offering items like chairs, tables, beds, cabinets, and sofas made of materials including wood, metal, plastic, and cloth, it has segments for homes, businesses, and institutions. IoT integration and smart furniture are two examples of technological developments that are changing user experience and product innovation. Sustainable materials, digital retail expansion, customized designs, ergonomic home-office solutions, and smart technology integration are some of the ways the furniture business is growing, satisfying changing consumer tastes and boosting global competitiveness. The growing need for home furnishings, the growth of the real estate industry, and changing customer preferences for modular, eco-friendly, and technologically advanced furniture solutions are the main factors propelling the market. The market for these products is mostly being driven by growing trends in house renovation and décor among people worldwide. The need for furniture is still being driven by residential and infrastructure development, including the building of government buildings, community centers, churches, and hospitals.
Navigate Future Markets with Confidence: Insights from Spherical Insights LLP
The insights presented in this blog are derived from comprehensive market research conducted by Spherical Insights LLP, a trusted advisory partner to leading global enterprises. Backed by in-depth data analysis, expert forecasting, and industry-specific intelligence, our reports empower decision-makers to identify strategic growth opportunities in fast-evolving sectors. Clients seeking detailed market segmentation, competitive landscapes, regional outlooks, and future investment trends will find immense value in the full report. By leveraging our research, businesses can make informed decisions, gain a competitive edge, and stay ahead in the transition toward sustainable and profitable solutions.
Unlock exclusive market insights - Download the Brochure now and dive deeper into the future of the Furniture Market.
Furniture Market Size & Statistics
- The Market Size for Furniture Was Estimated to be worth USD 735.45 Billion in 2024.
- The Market Size is Going to Expand at a CAGR of 6.3% between 2025 and 2035.
- The Global Furniture Market Size is anticipated to reach USD 1440.20 Billion by 2035.
- Asia Pacific is expected to generate the highest demand during the forecast period in the Furniture Market
- North America is expected to grow the fastest during the forecast period in the Furniture Market.
Regional growth and demand
North America is expected to grow the fastest during the forecast period in the Furniture market. Manufacturers are using recycled materials and better production techniques as a result of consumers' growing need for eco-friendly solutions. The premium and modular furniture markets are where this change is most noticeable. Due to shifting consumer preferences and business realities, the furniture sector in the United States is undergoing major change.
Asia Pacific is expected to generate the highest demand during the forecast period in the Furniture market. The rising disposable income of the upper and middle classes is responsible for the Asia Pacific region. Furthermore, the market is expected to rise more quickly due to the rising demand for living room furniture, which is followed by furniture for bedrooms, kitchens, and dining rooms. Furthermore, government-initiated housing developments and the thriving real estate sector are the main drivers of the expansion. Additionally, the region's growing IT sector and fast urbanization are anticipated to fuel market expansion throughout the projection period.
Top 10 trends in the Furniture Market
- Modular Furniture
- Eco-Friendly Materials
- Smart Furniture
- Digital Shopping Experience
- Outdoor Furniture Expansion
- Cultural Heritage Accents
- Sustainable Manufacturing
- Customizable Designs
- Low-VOC Finishes
- Multifunctional Pieces
1. Modular Furniture
Modular furniture is made up of adjustable pieces that may be arranged in a variety of ways to make effective use of available space in both residential and commercial settings. Its adaptability accommodates changing lifestyles by providing scalable solutions for dynamic workspaces, small living spaces, and multipurpose areas with ergonomic and aesthetic advantages.
2. Eco-Friendly Materials
Eco-friendly furniture materials that lessen their influence on the environment, such bamboo, cork, and recycled metals, encourage sustainability. Consumer desire for durable, biodegradable, and ethical design options in contemporary interiors is met by these renewable resources, which also promote responsible manufacturing and improve indoor air quality.
3. Smart Furniture
Smart furniture improves consumer comfort and convenience by integrating technology such as wireless charging, sensors, and connectivity features. It converts conventional furniture into intelligent systems that fit well with modern digital lives and smart home ecosystems by supporting automation, health monitoring, and energy saving.
4. Digital Shopping Experience
The digital shopping experience makes furniture choosing easier by utilizing AI-driven customisation, virtual showrooms, and augmented reality. It reflects the move toward immersive, data-informed retail environments in the furniture business by improving customer engagement, lowering choice fatigue, and facilitating frictionless transactions.
5. Outdoor Furniture Expansion
Growing consumer interest in alfresco living due to urbanization and lifestyle improvements is reflected in the proliferation of outdoor furniture. In addition to supporting leisure, hospitality, and wellness trends, long-lasting, weather-resistant patio, balcony, and garden designs are also helping to drive increasing demand in both the residential and commercial sectors worldwide.
Empower your strategic planning:
Stay informed with the latest industry insights and market trends to identify new opportunities and drive growth in the Furniture market. To explore more in-depth trends, insights, and forecasts, please refer to our detailed report.
Top 25 Companies Leading the Furniture Market
- IKEA
- Kimball International
- Ashley Furniture Industries Inc.
- RH (Restoration Hardware)
- Williams-Sonoma, Inc
- Global Furniture USA
- La-Z-Boy Inc.
- Raymour & Flanigan
- American Signature
- Oppein Home Group Inc.
- Jason Furniture (Hang) Co., Ltd.
- Steelcase Inc.
- Artek
- Bernhardt Furniture
- Boca do Lobo
- Hartmann Mobelwerke
- Haworth
- Herman Miller
- Harman Miller Inc.
- Steelcase Inc.
- HNI Corporation
- Duff & Phelps, LLC.
- P & C ArteMobili SA
- Saudi Modern Factory Co.
- Others
1. IKEA
Headquarters: Delft, Netherlands
The largest furniture retailer in the world, IKEA was established in 1943 in Sweden and is well-known for its minimalist Scandinavian style and flat-pack, ready-to-assemble furniture. It prioritizes affordability, sustainability, and practical design and has more than 480 locations across more than 60 countries. IKEA's business strategy blends digital innovation with in-store experiences, and its products vary from smart furniture to household necessities. The company, which is owned by Inter IKEA Systems B.V., upholds strict environmental standards, such as using renewable energy sources and designing circular products. IKEA is still growing in developing nations like the Philippines and India while upholding its reputation for fashionable yet affordable living.
2. Kimball International
Headquarters: Jasper, Indiana, USA
Kimball International is a well-known American maker of commercial furniture with a focus on hospitality, healthcare, and office settings. Operating under trademarks like Kimball, National, Interwoven, and Kimball Hospitality, it was founded in 1950. Kimball, which is well-known for its sustainable and ergonomic design, has a large selection of casegoods, seats, and collaborative furniture options. In 2023, HNI Corporation purchased the business, expanding its market penetration and capacity for innovation. Kimball places a strong focus on workmanship, design flexibility, and customer-centric solutions that are suited to contemporary business needs. The company has showrooms around the United States and manufacturing sites in several other countries.
3. Ashley Furniture Industries Inc.
Headquarters: Arcadia, Wisconsin, USA
Established in 1945, Ashley Furniture Industries stands as one of the world's biggest producers and marketers of home furnishings. It manufactures a large selection of furniture for dining rooms, living rooms, bedrooms, and home offices. With more than 700 Ashley HomeStore stores worldwide, the company unifies retail, distribution, and production. Ashley is renowned for its broad product lines, fashionable designs, and value-driven solutions. It employs more than 35,000 people and runs sites in China, Vietnam, and the United States. Rapid product development and competitive pricing are made possible by the company's vertically integrated business model.
4. RH (Restoration Hardware)
Headquarters: Corte Madera, California, USA
The premium home furnishings company RH, originally known as Restoration Hardware, revolutionized high-end retail with its carefully curated lifestyle collections and immersive design galleries. RH was established in 1979 and sells upscale furnishings, lighting, textiles, and décor online, in addition to its galleries and catalogs. With RH eateries and the RH Guesthouse hotel concept, it has entered the hospitality industry. RH places a strong focus on classic style, handcrafted details, and high-quality materials. With intentions to expand internationally and forays into luxury travel and real estate, the company has transformed into a tastemaker in the premium lifestyle sector under CEO Gary Friedman.
5. Williams-Sonoma, Inc.
Headquarters: San Francisco, California, USA
Williams-Sonoma, Inc. is a multi-brand specialty retailer that sells high-end kitchenware and home furnishings. It was established in 1956 and is the owner of well-known companies like Mark and Graham, Pottery Barn, West Elm, and Rejuvenation. One of the biggest online retailers in the United States, the corporation has more than 600 locations. Williams-Sonoma, which combines traditional retail with digital innovation, is renowned for its quality, design, and customer service. Fair Trade sourcing and carbon neutrality objectives are two of its sustainability initiatives. The firm, which has a significant following in North America and is expanding globally, keeps influencing contemporary home living with both style and content.
Are you ready to discover more about the Furniture market?
The report provides an in-depth analysis of the leading companies operating in the global Furniture market. It includes a comparative assessment based on their product portfolios, business overviews, geographical footprint, strategic initiatives, market segment share, and SWOT analysis. Each company is profiled using a standardized format that includes:
Company Profiles
- IKEA
- Business Overview
- Company Snapshot
- Products Overview
- Company Market Share Analysis
- Company Coverage Portfolio
- Financial Analysis
- Recent Developments
- Merger and Acquisitions
- SWOT Analysis
- Kimball International
- Ashley Furniture Industries Inc.
- RH (Restoration Hardware)
- Williams-Sonoma, Inc
- Global Furniture USA
- La-Z-Boy Inc.
- Raymour & Flanigan
- American Signature
- Others
Conclusion
The Global Furniture Market Size is experiencing robust growth driven by urbanization, rising disposable incomes, and evolving consumer preferences toward sustainable and multifunctional designs. Leading companies are leveraging digital platforms, expanding into emerging markets, and prioritizing eco-friendly practices to maintain competitive advantage. With increasing demand for customized and ergonomic solutions across residential and commercial sectors, the industry is poised for continued innovation and diversification in both product offerings and distribution channels.
About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
CONTACT US:
For More Information on Your Target Market, Please Contact Us Below:
Phone: +1 303 800 4326 (the U.S.)
Phone: +91 90289 24100 (APAC)
Email: inquiry@sphericalinsights.com, sales@sphericalinsights.com
Contact Us: https://www.sphericalinsights.com/contact-us
Follow Us: LinkedIn | Facebook | Twitter
Need help to buy this report?