
The United States furniture market, valued at US$178.9 billion
in 2025, is forecast to reach US$345.5 billion by 2035, growing
at a compound annual growth rate (CAGR) of 6.8%, according to
AstuteAnalytica. Residential furniture dominates, accounting for
61% of sales, with wood products making up 39% and seating
furniture representing 34% of the market.
The industry is supported by ongoing home renovations, remote
work trends, and technological advances in production that lower
costs and allow for greater product customisation. E-commerce
and direct-to-consumer channels are also driving growth.
Employment and manufacturing remain strong, with 269,177 workers
across 5,649 establishments as of March 2025. The home
furnishings sector is set to expand from $217.53 billion in 2024
to $286.39 billion by 2029, buoyed by projected home sales
growth of 9% in 2025 and 13% in 2026.
Consumer behaviour is evolving, with many delaying purchases but
planning to buy in predictable cycles. Forty percent of sofa and
sectional buyers who postponed purchases intend to buy in the
first half of 2025, while bedroom and outdoor furniture see
staggered buying patterns. Challenges include intensifying
omnichannel competition, potential housing market slowdowns, and
supply chain disruptions from tariffs and geopolitical tensions.
Source:
finance.yahoo.com