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.
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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: www.finance.yahoo.com
