Press release
Furniture Market Size to Reach USD 701.7 Billion in 2032 | IMARC Group
๐๐ฅ๐จ๐๐๐ฅ ๐ ๐ฎ๐ซ๐ง๐ข๐ญ๐ฎ๐ซ๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ: ๐๐๐ฒ ๐๐ญ๐๐ญ๐ข๐ฌ๐ญ๐ข๐๐ฌ ๐๐ง๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐ข๐ง ๐๐๐๐-๐๐๐๐โ The global furniture market size reached USD 660.5 Billion in 2023.
โ The market is expected to reach USD 701.7 Billion by 2032.
โ North Americaย exhibits a clear dominance in the market, accounting for the largest furniture market share.
โ Based on material, the market has been segmented into metal, wood, plastic, glass and others.
โ Specialty stores display clear dominance because they offer a wide range of furniture options and personalized customer service, making them a suitable choice for many buyers.
โ The growing use of technology in furniture design, like smart furniture with internet of things (IoT) features, is creating a positive market outlook.
โ The rise of e-commerce and online retail channels is driving market growth. The ease of online shopping and the ability to compare a wide range of products and prices make it a popular choice for buyers.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐จ๐ซ ๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ:ย https://www.imarcgroup.com/furniture-market/requestsample
๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ซ๐๐ง๐๐ฌ ๐๐ง๐ ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ:
โ ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐๐๐ฅ ๐๐๐ฏ๐๐ง๐๐๐ฆ๐๐ง๐ญ๐ฌ ๐๐ง๐ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง
The growing use of technology in furniture design, like smart furniture with internet of things (IoT) features, is creating a positive market outlook. This includes items such as beds with sleep-tracking systems, sofas with built-in wireless charging pads, and tables with touchscreen surfaces. Advances in manufacturing technology allow for more efficient production processes, lower costs, and greater customization. Buyers now can customize furniture to fit their specific preferences for size, color, material, and functionality. The combination of technology and customization enhances user experience and helps manufacturers stand out in the market.
โ ๐-๐๐จ๐ฆ๐ฆ๐๐ซ๐๐ ๐๐ง๐ ๐๐ง๐ฅ๐ข๐ง๐ ๐๐๐ญ๐๐ข๐ฅ ๐๐ก๐๐ง๐ง๐๐ฅ๐ฌ
The rise of e-commerce and online retail channels is driving market growth. The ease of online shopping and the ability to compare a wide range of products and prices make it a popular choice for buyers. Online platforms offer a larger selection of furniture, often at better prices than traditional stores. The improved digital experience, including virtual reality (VR) and augmented reality (AR), lets buyers visualize furniture in their space before they buy, reducing uncertainty. Also, the growing use of social media marketing and influencer endorsements is boosting online furniture sales.
โ ๐๐๐ฆ๐จ๐ ๐ซ๐๐ฉ๐ก๐ข๐ ๐๐ก๐ข๐๐ญ๐ฌ ๐๐ง๐ ๐๐จ๐ฎ๐ฌ๐๐ก๐จ๐ฅ๐ ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ
Changes in demographic profiles and household dynamics are supporting market growth. The increase in single-person households and shifts in family structures are driving demand for different types, sizes, and functionalities of furniture. Single-person households need compact and multi-functional furniture, while families with children look for durable and safe options. The aging population needs ergonomic furniture that aids mobility. Additionally, younger buyers who prioritize design, affordability, and flexibility push manufacturers to enhance their product offerings.
๐๐ฎ๐ฒ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ:ย https://www.imarcgroup.com/checkout?id=3936&method=502
๐ ๐ฎ๐ซ๐ง๐ข๐ญ๐ฎ๐ซ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
๐๐ฒ ๐๐๐ญ๐๐ซ๐ข๐๐ฅ:
โ Metal
โ Wood
โ Plastic
โ Glass
โ Others
Based on material, the market has been segmented into metal, wood, plastic, glass and others.
๐๐ฒ ๐๐ข๐ฌ๐ญ๐ซ๐ข๐๐ฎ๐ญ๐ข๐จ๐ง ๐๐ก๐๐ง๐ง๐๐ฅ:
โ Supermarkets and Hypermarketsย
โ Specialty Storesย
โ Online Stores
โ Others
Specialty stores display clear dominance because they offer a wide range of furniture options and personalized customer service, making them a suitable choice for many buyers.
๐๐ฒ ๐๐ง๐ ๐๐ฌ๐๐ซ:
โ Residential
โ Commercial
The residential sector is the largest sector owing to the growing demand for home furnishings.
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
โ North America (United States, Canada)
โ Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
โ Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
โ Latin America (Brazil, Mexico, Others)
โ Middle East and Africa
The market is dominated by North America owing to substantial investments in research work, which has led to advanced technological development in the region.
๐๐จ๐ฉ ๐ ๐ฎ๐ซ๐ง๐ข๐ญ๐ฎ๐ซ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐๐๐๐ซ๐ฌ:ย
The furniture market research report offers a detailed analysis of the competitive landscape, providing in-depth information on the leading companies. Some of the key players in the market are as follows:
โ Durham Furniture Inc.
โ Haworth Inc. (Haworth International Ltd.)
โ HNI Corporation
โ Inter IKEA Systems B.V. (Interogo Foundation)
โ Kimball International Inc.
โ Kohler Co.
โ Masco Corporation
โ Okamura Corporation
โ Steelcase Inc.
โ Stickley Furniture Inc
๐๐ญ๐ก๐๐ซ ๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐๐๐๐ ๐๐ซ๐จ๐ฎ๐ฉย
๐ ๐จ๐จ๐ญ๐๐๐ฅ๐ฅ ๐๐๐ซ๐ค๐๐ญ:ย https://www.abnewswire.com/pressreleases/football-market-size-worth-usd-46-billion-globally-by-2032-at-a-cagr-of-36_715825.html
๐๐๐ง๐๐ซ๐๐ญ๐ข๐ฏ๐ ๐๐ ๐๐๐ซ๐ค๐๐ญ:ย https://www.abnewswire.com/pressreleases/generative-ai-market-size-to-worth-usd-580-billion-by-2032-cagr-of-1881_716128.html
๐๐ญ๐๐๐ฅ ๐๐๐ซ๐ค๐๐ญ:ย https://www.abnewswire.com/pressreleases/steel-market-size-to-hit-usd-1279-billion-by-2032-with-a-33-cagr_716698.html
๐๐ ๐ซ๐ข๐๐ฎ๐ฅ๐ญ๐ฎ๐ซ๐ ๐๐ช๐ฎ๐ข๐ฉ๐ฆ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ:ย https://www.abnewswire.com/pressreleases/agriculture-equipment-market-size-to-hit-usd-2554-billion-in-2032-grow-cagr-by-423_716730.html
๐๐จ๐ฆ๐ฆ๐๐ซ๐๐ข๐๐ฅ ๐๐ง๐ฌ๐ฎ๐ซ๐๐ง๐๐ ๐๐๐ซ๐ค๐๐ญ:ย https://www.abnewswire.com/pressreleases/commercial-insurance-market-size-worth-usd-1554-billion-globally-by-2032-at-a-cagr-of-653_717115.html
๐๐จ๐ญ๐: ๐๐ ๐ฒ๐จ๐ฎ ๐ซ๐๐ช๐ฎ๐ข๐ซ๐ ๐๐ง๐ฒ ๐ฌ๐ฉ๐๐๐ข๐๐ข๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐ญ๐ก๐๐ญ ๐ข๐ฌ ๐ง๐จ๐ญ ๐๐จ๐ฏ๐๐ซ๐๐ ๐๐ฎ๐ซ๐ซ๐๐ง๐ญ๐ฅ๐ฒ ๐ฐ๐ข๐ญ๐ก๐ข๐ง ๐ญ๐ก๐ ๐ฌ๐๐จ๐ฉ๐ ๐จ๐ ๐ญ๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ, ๐ฐ๐ ๐ฐ๐ข๐ฅ๐ฅ ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ ๐ญ๐ก๐ ๐ฌ๐๐ฆ๐ ๐๐ฌ ๐ ๐ฉ๐๐ซ๐ญ ๐จ๐ ๐ญ๐ก๐ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง.
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email:ย sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145ย
๐๐๐จ๐ฎ๐ญ ๐๐ฌ
IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
This release was published on openPR.
Permanent link to this press release:
                     Copy
                  
                 Please set a link in the press area of your homepage to this press release on openPR.  openPR disclaims liability for any content contained in this release. 
    You can edit or delete your press release Furniture Market Size to Reach USD 701.7 Billion in 2032 | IMARC Group here
News-ID: 3698331 • Views: โฆ
More Releases from IMARC Group
 
                                            
                                                    IT Outsourcing Market Size, Share, Trends And Growth Report 2025-2033                                                
                                            
                                        
                                            Overview IT Outsourcing Market:
The IT Outsourcing Market is rapidly evolving, driven by the need for cost efficiency and access to specialized skills. Companies increasingly outsource IT functions such as application development, infrastructure management, and business process outsourcing to third-party vendors. This trend allows organizations to focus on core competencies while leveraging advanced technologies. Key regions include North America, Europe, and Asia-Pacific, with North America leading due to its robust ITโฆ  
                                        
                                     
                                            
                                                    Urban EV Shift Drives India Electric Scooter Market to USD 3.0 Billion by 2033,  โฆ                                                
                                            
                                        
                                            India Electric Scooter Market 2025-2033
According to IMARC Group's report titled "India Electric Scooter Market Size, Share, Trends and Forecast by Drive, Battery, Product, Battery Fitting, End Use, and Region, 2025-2033", The report offers a comprehensive analysis of the industry, including India electric scooter market growth, share, trends, and regional insights.
How Big is the India Electric Scooter Industry?
The India electric scooter market size was valued USD 1.3 Billion in 2024. Byโฆ  
                                        
                                     
                                            
                                                    Rising Cyber Threats Push India Cyber Insurance Market to USD 6,907.8 Million by โฆ                                                
                                            
                                        
                                            India Cyber Insurance Market 2025-2033
According to IMARC Group's report titled "India Cyber Insurance Market Size, Share, Trends and Forecast by Component, Insurance Type, Organization Size, End Use Industry, and Region, 2025-2033", The report offers a comprehensive analysis of the industry, including India cyber insurance market forecast, share, growth and regional insights.
Market Size & Future Growth Potential:
The cyber insurance market in india was valued USD 582.2 Million in 2024. By 2033,โฆ  
                                        
                                     
                                            
                                                    Human Resource (HR) Technology Market Size, Share, Trends and Forecast 2025-2033                                                
                                            
                                        
                                            Human Resource Technology Market Overview:
The human resource (HR) technology market is witnessing significant growth, driven by increasing digital transformation across organizations and the rising need for automation in workforce management. HR technology solutions, including talent acquisition platforms, payroll systems, performance management software, employee engagement tools, and learning & development platforms, are becoming integral to modern businesses. Cloud adoption, AI-powered analytics, and the shift toward remote and hybrid work models haveโฆ  
                                        
                                    More Releases for Furniture
                                                    Hotel Furniture Market to See Booming Growth | Northland Furniture, Foliot Furni โฆ                                                
                                            
                                        
                                            The latest study released on the Global Hotel Furniture Market by AMA Research evaluates market size, trend, and forecast to 2027. The Hotel Furniture market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.
Key Players inโฆ  
                                        
                                    
                                                    Bedroom Furniture Market Share by Top Companies, Size, Growth, Industry Analysis โฆ                                                
                                            
                                        
                                            Bedroom Furniture Market Scope & Overview: The research investigates the key factors influencing international market growth. In order to assess the overall size of the Bedroom Furniture market during the forecast period, the report employed a bottom-up technique to collect and forecast data for a wide range of industrial verticals and end-user sectors, as well as their reach across numerous categories.
Market participants may utilize market data to develop strategies toโฆ  
                                        
                                    
                                                    Home Furniture Market, Office Furniture Market, Hospital Furniture Market, Woode โฆ                                                
                                            
                                        
                                            Furniture is a movable/mutable object intended to support a variety of human activity including seating, sleeping, fencing and protection. It is also used to hold the object at the proper height for working. It can also be designed & used as a decorative object. Furniture has become a vital part of human life since non-nomadic culture. It is kept in home or other commercial buildings to make the living &โฆ  
                                        
                                    
                                                    Bedroom Furniture Market Growth 2017 to 2022: Dominated by ughan-Bassett Furnitu โฆ                                                
                                            
                                        
                                            Worldwide Market Reports recently released โ Global Bedroom Furniture Market Research Report 2017โ that centers around the latest developing trends and technologies in the Global Bedroom Furniture Market having Five Years of forecast period from 2017 to 2022 and considering Market status study from 2017 to 2022.
During the research, noteworthy data was collected in order to shape the research document and make it a valuable resource for managers, industry executivesโฆ  
                                        
                                    
                                                    Bedroom Furniture Market Size to Grow Rapidly in Future | Global Key Players - a โฆ                                                
                                            
                                        
                                            Worldwide Market Reports recently released โ Global Bedroom Furniture Market Research Report 2017โ that centers around the latest developing trends and technologies in the Global Bedroom Furniture Market having Five Years of forecast period from 2017 to 2022 and considering Market status study from 2017 to 2022.
During the research, noteworthy data was collected in order to shape the research document and make it a valuable resource for managers, industry executivesโฆ  
                                        
                                    
                                                    Bedroom Furniture Market Key Player Information are - Vaughan-Bassett Furniture  โฆ                                                
                                            
                                        
                                            Worldwide Market Reports recently released โ Global Bedroom Furniture Market Research Report 2017โ that centers around the latest developing trends and technologies in the Global Bedroom Furniture Market having Five Years of forecast period from 2017 to 2022 and considering Market status study from 2017 to 2022.
During the research, noteworthy data was collected in order to shape the research document and make it a valuable resource for managers, industry executivesโฆ  
                                        
                                    