Research Expert: Sarah Overall
  • Published: Mar 2025
  • Pages: 150
  • SKU: IRTNTR70969

  • Latest News- Home Furnishings Market: Home furniture is expected to lead the Product segment during 2025-2029

    The Home Furnishings Market is being driven by Increasing interest in interior design

    The Home Furnishings Market is expected to grow at a CAGR of 7.2% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 538.8 million. The home furnishings market is experiencing significant growth due to the increasing consumer awareness and concern for eco-friendly and sustainable products. This trend is particularly evident in the furniture sector, where there is a rising demand for Moso bamboo furniture. Moso bamboo, which is stronger and harder than oak, is a popular choice among manufacturers due to its sustainable and eco-friendly production processes. The use of Moso bamboo reduces the need for deforestation and the application of toxic finishes, addressing concerns related to climate change and indoor air quality. Several reputable organizations, such as the Forest Stewardship Council and the Sustainable Furnishing Council, certify and support the furniture industry in implementing sustainable practices. As a result, the increasing popularity of Moso bamboo furniture is expected to drive the expansion of the global home furnishings market throughout the forecast period. 

    Get more information on Home Furnishings Market by requesting a sample report

    Which Factors Are Causing a Surge in Market Growth?

    The market is segmented based on

    • Product
      • Home furniture
      • Home textiles
      • Floor coverings
    • Distribution Channel
      • Offline
      • Online
    • Geography
      • Europe
        • Germany
        • UK
        • France
        • Italy
      • North America
        • Canada
        • US
      • APAC
        • China
        • India
        • Japan
        • South Korea
      • Middle East and Africa
        • South America

        According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

        • Increasing interest in interior design
        • Growing demand for high-end and luxury home furnishings
        • Rising demand for multifunctional home furniture

        However, the market also witnesses some limitations, which are as follows:

        • Uncertainty in prices of raw materials
        • Supply chain complexities in global home furnishings market
        • Low product replacement cycle

        Benefits of Buying Global Home Furnishings Market Research Report by Technavio

        Rich Experience: 20+ years leading global market research, trusted insights across industries.

        Unlock Business Potential with Technavio: Maximize ROI with Technavio's tailored market research: deep dives and actionable insights.

        Your Guide to Market Success: Empower your business with Technavio's market research and future-proof your decisions.

        Market Scope in Home Furnishings Market Research Report

        Market Scope

        Report Coverage

        Details

        Page number

        195

        Base year

        2024

        Historic period

        2019-2023

        Forecast period

        2025-2029

        Growth momentum & CAGR

        Accelerate at a CAGR of 7.2%

        Market growth 2025-2029

        USD 538.8 million

        Market structure

        market_structure.ucfirst

        YoY growth 2024-2025(%)

        5.8

        Key countries

        US, China, Germany, Japan, UK, India, Canada, South Korea, Italy, and France

        Competitive landscape

        Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

        Request Free Sample

        Find out which segment is leading the market by accessing the free PDF report

        Research Analysis Overview

        The home furniture market encompasses various segments including bed materials, hall styles, kitchen essentials for eating and cooking, rugs, shower materials, curtains, cushions, accessories, art objects, and eco-friendly furniture. Furniture categories consist of bedroom sets, residential construction market offerings, and e-commerce sales of sofas, couches, coffee tables, entertainment centers, and more. Appliances such as wall-to-wall carpeting, built-in ovens, ranges, and dishwashers are also part of this market. Cooking utensils and home appliances like Home Depot's RTA furniture offerings complete the home furnishings landscape.

        Market Research Overview

        The global home furnishings market encompasses businesses involved in the manufacturing and marketing of various products, including furniture, bed materials, hall styles, kitchen and eating essentials, rugs, shower materials, curtains, cushions, accessories, and more. According to Technavio, the market size is determined by the consolidated revenue generated by manufacturers and marketers of consumer electronics, home appliances, and other homeware products. Key growth drivers for the home furnishings sector include the surge in residential and commercial construction projects, leading to increased demand for new furniture and home decor. Additionally, the increasing number of renovation projects in major economies such as the US, China, and India further bolsters market growth.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.


        Contacts

        Technavio Research
        Jesse Maida
        Media & Marketing Executive
        US: +1 844 364 1100
        UK: +44 203 893 3200
        Email: media@technavio.com
        Website: www.technavio.com/

        Read News Read Less
        Interested in this report?
        Get your sample now!

      Safe and Secure SSL Encrypted

      Technavio

      • 2500 USD

      [5 reports/month/user]

      • 5000 USD

      close
      • Basic Plan [5000 USD/Year]:

        Single User
        Download 5 Reports/Month
        View 100 Reports/Month
        Add upto 3 Users at 625 USD/user

      • Teams Plan [7500 USD/Year]:

        5 User
        Download 5 Reports/Month/User
        View 100 Reports/Month/User
        Add upto 30 Users at 500 USD/user

      *You can upgrade to Teams plan at Subscription page

      close
      • Single:

        One user only.
        Quick & easy download option

      • Enterprise:

        Unlimited user access (Within your organization).
        Complimentary Customization Included

      *For Enterprise license, go to checkout page

      Technavio Get the report (PDF) sent to your email within minutes.

      Document