Hyderabad, India, Oct. 29, 2025 (GLOBE NEWSWIRE) -- According to Mordor Intelligence, the worldwide furniture industry size is valued at over USD 691 billion in 2025 and will reach USD 902.09 billion by 2030, growing at a CAGR of 5.45%. The industry is evolving rapidly as sustainability mandates, urban expansion, and digital retail integration reshape consumer demand and manufacturing strategies. Rising disposable incomes across emerging economies are broadening the customer base, while premium, eco-friendly, and smart-home-compatible products gain preference. Production continues to consolidate in Southeast Asia due to cost efficiencies and resource access, while global players adopt circular design models and transparent sourcing to align with stricter sustainability standards.
Key Market Insights
Urban Living Trends Reshaping Furniture Demand
As cities become denser and living spaces shrink, demand is shifting toward compact and versatile furniture that maximizes functionality. Consumers are gravitating toward modular pieces like foldable tables, wall-mounted desks, and convertible seating that seamlessly adapt to changing needs. Rising housing costs and smaller floor plans are reinforcing the preference for durable, multi-purpose designs that balance comfort, style, and affordability.
Digital-First Furniture Brands Driving Online Growth
Direct-to-consumer furniture brands are transforming how consumers shop by combining design, marketing, and delivery under one roof. Enhanced visualization tools and seamless online experiences are reducing hesitation around big-ticket purchases, while rising smartphone use and secure payment options are accelerating the shift toward online furniture buying globally.
Regional Market Overview
Asia-Pacific: Expanding Urban Base and Manufacturing Strength
According to Mordor Intelligence, Asia-Pacific leads global furniture demand, supported by rapid urbanization, rising household formation, and competitive manufacturing bases. Nations like Vietnam and Indonesia are strengthening their roles as export hubs, while Malaysia and Thailand promote sustainable production through supportive policies.
North America: Premiumization and Sustainable Consumer Focus
In North America, demand remains strong for eco-certified and premium furniture. Shifts in lifestyle, hybrid work preferences, and growing awareness around sustainability are prompting brands to adopt low-emission materials and expand omnichannel sales networks.
Europe: Circular Design and Regulatory Leadership
Europe continues to set the benchmark for responsible production, emphasizing reparability, traceability, and recycling. Northern and Western Europe show high interest in refurbished products, while Central and Eastern Europe benefit from near-shoring and reduced logistics costs.
Other Regions Covered in the Report:
Middle East and Africa, South America
Major Segments of the Furniture Industry Covered in this Report
By Application
- Home Furniture
- Chairs
- Tables (side tables, coffee tables, dressing tables)
- Beds
- Wardrobes
- Sofas
- Dining Tables/Dining Sets
- Kitchen Cabinets
- Other Home Furniture (bathroom furniture, outdoor furniture)
- Office Furniture
- Chairs
- Tables
- Storage Cabinets
- Desks
- Sofas and Other Soft Seating
- Other Office Furniture
- Hospitality Furniture
- Educational Furniture
- Healthcare Furniture
- Other Applications (public places, retail malls, government offices)
By Material
- Wood
- Metal
- Plastic & Polymer
- Other Materials
By Price Range
- Economy
- Mid-Range
- Premium
By Distribution Channel
- B2C / Retail
- Home Centers
- Specialty Furniture Stores
- Online
- Other Distribution Channels
- B2B / Project
Overview – Global Furniture Industry
| Study Period | 2019-2030 |
| Market Size Forecast | Market to Reach USD 902.09 Billion by 2030 |
| Industry Expansion | Growing at a CAGR of 5.45% during 2025-2030 |
| Fastest Growing Market for 2025-2030 | Asia-Pacific projected to record the fastest growth rate |
Furniture Companies Covered in this Analysis
- IKEA
- Ashley Furniture Industries Inc.
- Steelcase Inc.
- MillerKnoll, Inc.
- HNI Corporation
- Williams-Sonoma Inc.
- La-Z-Boy Incorporated
- Hooker Furniture Corp.
- Kimball International Inc.
- Haworth Inc.
- Wayfair LLC
- Godrej Interio
- Durian Industries Ltd.
- Foshan Huasheng Furniture
- KOKUYO Co. Ltd.
- Shanghai UE Furniture
- Leggett & Platt Inc.
- Okamura Corporation
- Nitori Holdings Co. Ltd.
- KUKA Home
Get in-depth industry insights on the furniture industry report: https://www.mordorintelligence.com/industry-reports/furniture-market?utm_source=globenewswire
Explore related reports from Mordor Intelligence
Office Furniture Market: The office furniture market is segmented by product, it includes chairs (employee chairs, meeting chairs, guest chairs), tables (conference tables, desks, other tables), storage units (filing cabinets, bookcases and shelving), sofas or soft seating, booths and office dividers, and other office furniture such as stools, reception area furniture, and accessories, by material, it is divided into wood, metal, plastic and polymer, and other materials, by price range, it comprises economy, mid-range, and premium categories, by end-user, it covers corporate offices, healthcare offices, educational institutions, government and public offices, hospitality and retail back-offices, and others, by distribution channel, it includes B2C or retail (home centers, specialty furniture stores, online, and other channels) and B2B or direct from manufacturers and by geography.
https://www.mordorintelligence.com/industry-reports/office-furniture-market?utm_source=globenewswire
Home Furniture Market: The home furniture market is segmented by product; it includes living room and dining room furniture, bedroom furniture, kitchen furniture, home office furniture, bathroom furniture, outdoor furniture, and other furniture, by material, it is categorized into wood, metal, plastic and polymer, and others, by price range, it comprises economy, mid-range, and premium segments, by distribution channel, it includes home centers, specialty furniture stores (including exclusive brand outlets and local stores from the unorganized sector), online platforms, and other distribution channels such as hypermarkets, supermarkets, teleshopping, and departmental stores and by geography.
Outdoor Furniture Market: The outdoor furniture market is segmented by product; it includes chairs, tables, seating sets, loungers and daybeds, dining sets, and other products, by material, it is divided into wood, metal, plastic and polymer, and other materials, by end user, it covers residential and commercial segments, by price range, it consists of economy, mid-range, and premium categories, by distribution channel, it includes retail or B2C channels (home centers, specialty stores, online platforms, and other outlets) and B2B or contractor channels and by geography.
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