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Furniture Market Size

  • Report ID: 6170
  • Published Date: Jun 12, 2024
  • Report Format: PDF, PPT

Furniture Market Size

Furniture Market size was valued at USD 700 Billion in 2023 and is poised to reach USD 1300 Billion by the end of 2036, registering around 5% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of furniture is estimated at USD 720 Billion. The growing trend of renovation and home decor is driving growth in the market. As per the International Energy Report, with the utilization of advanced technologies, renovation of 20% of the existing building stock to zero carbon level is a crucial task set to be achieved by 2030.

Furniture Market Overview
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Author Credits:  Parul Atri


  • Report ID: 6170
  • Published Date: Jun 12, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2023, the industry size of furniture was over USD 700 billion.

The market size for furniture is projected to cross USD 1300 billion by the end of 2036 expanding at a CAGR of 5% during the forecast period i.e., between 2024-2036.

The major players in the market are IKEA, Williams Sonoma, Steelcase Inc., ZuoYou, HNI Corporation, Haworth Inc., and others.

In terms of products, the beds segment is anticipated to account for the largest market share of 35% during 2024-2036.

The Asia Pacific furniture sector is poised to hold the highest share of 40% by 2036.
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