South Korea Furniture Market Size, Share, and COVID-19 Impact Analysis, By Material (Metal, Wood, Plastic, Glass, and Others), By Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Stores, and Others), and South Korea Furniture Market Insights, Industry Trend, Forecasts to 2035

South Korea Furniture Market Insights Forecasts to 2035

• The South Korea Furniture Market Size was estimated at USD 11.6 Billion in 2024
• The Market Size is Expected to Grow at a CAGR of around 4.54% from 2025 to 2035
• The South Korea Furniture Market Size is Expected to Reach USD 18.9 Billion by 2035

According to a research report published by Spherical Insights & Consulting, the South Korea Furniture Market is anticipated to reach USD 18.9 billion by 2035, growing at a CAGR of 4.54% from 2025 to 2035. The market is being driven by the integration of technology into furniture design, such as ergonomic features or smart furniture with integrated electronics.

Market Overview

The South Korean furniture market encompasses the design, manufacture, and distribution of furniture products for both residential and commercial settings are all included in the South Korean furniture market. Items like beds, couches, chairs, tables, storage units, and office furniture are all part of this market. It reflects the nation's urban living conditions and cultural preferences and is distinguished by a strong emphasis on aesthetics, functionality, and space efficiency. Additionally, South Korea's furniture market is expanding rapidly due to a number of variables that influence customer tastes and business dynamics. First, there is a greater need for inventive and varied furniture solutions due to the growing regional population and urbanization trends, which have raised demand for residential and commercial spaces. Further driving market expansion are shifting lifestyles and an increasing focus on interior design, which have encouraged consumers to spend money on modern, customisable furniture. Technology has also completely changed the furniture industry, and clever, multipurpose designs are becoming more and more popular. Sustainable materials, integrated storage options, and connectivity technologies all contribute to the new furniture offers.

Report Coverage

This research report categorizes the market for the South Korea furniture market based on various segments and regions and forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea furniture market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the South Korea furniture market.

Driving Factors

The emergence of e-commerce platforms has made it easier to access a large selection of furniture options, which has influenced consumer behavior and promoted market growth. Another important factor is consumers' increased awareness of environmental sustainability, which leads them to look for eco-friendly products and production methods. In addition to reflecting the industry's dedication to lessening its environmental impact, this emphasis on sustainability is in line with shifting consumer values. In conclusion, the upward trajectory of the regional furniture market is closely linked to e-commerce trends, demographic changes, technological advancements, and a growing awareness of environmental issues, resulting in a vibrant and dynamic industry that is well-positioned for future expansion.

Restraining Factors

Economic fluctuations, including downturns and a decline in global competitiveness, can result in lower investment and consumer spending, which lowers demand for furniture and furnishings in both the residential and commercial sectors.

Market Segmentation

The South Korea furniture market share is classified into material and distribution channel.

• The wood segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea furniture market is segmented by material into metal, wood, plastic, glass, and others. Among these, the wood segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. This is driven by the strong consumer preference for natural designs, its longevity, and its aesthetic appeal

• The specialty stores segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea furniture market is segmented by distribution channel into supermarkets and hypermarkets, specialty stores, online stores, and others. Among these, the specialty stores segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. Specialty stores are providing a carefully chosen assortment of furnishings and home accents based on customer tastes. These shops are a favorite among customers because they offer professional advice and a large selection of designs.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the South Korea furniture market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Hanssem Co. Ltd.
• Fursys
• Ace Bed
• Sidiz
• Koas
• Others

Recent Developments:

• In May 2025, The Italian brand Flexform debuted its latest luxury furniture collection in South Korea, marking its first global launch. The collection, introduced at Infini flagship store in Cheongdam-dong, Seoul, featured high-end craftsmanship and premium materials.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea Furniture Market based on the below-mentioned segments:

South Korea Furniture Market, By Material

• Metal
• Wood
• Plastic
• Glass
• Others

South Korea Furniture Market, By Distribution Channel

• Supermarkets and Hypermarkets
• Specialty Stores
• Online Stores
• Others