Global Household Furniture Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

Living Room & Dining Room Furniture, Bedroom Furniture, Kitchen Furniture, Lamps and Lighting Furniture, Plastic, and Others.

By Outdoor Furniture;

Outdoor Sofas and Garden Chairs.

By Storage Furniture;

Cabinets and Storage Bins.

By Distribution Channel;

Supermarkets/Hypermarkets, Specialty Stores, Online Retail Stores, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn649336551 Published Date: May, 2025 Updated Date: June, 2025

Household Furniture Market Overview

Household Furniture Market (USD Million)

Household Furniture Market was valued at USD 191,125.97 million in the year 2024. The size of this market is expected to increase to USD 289,495.99 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.1%.


Global Household Furniture Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 6.1 %


Study Period2025 - 2031
Base Year2024
CAGR (%)6.1 %
Market Size (2024)USD 191,125.97 Million
Market Size (2031)USD 289,495.99 Million
Market ConcentrationMedium
Report Pages363
191,125.97
2024
289,495.99
2031

Major Players

  • Ikea
  • La-Z-Boy
  • Godrej Interio
  • Bernhardt
  • Ashley Furniture Industries Inc.

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Household Furniture Market

Fragmented - Highly competitive market without dominant players


The Household Furniture Market is expanding steadily as modern living spaces drive demand for space-efficient and versatile designs. A growth rate of over 12% reflects how consumer choices are aligning with practical yet stylish solutions. The increasing focus on functional interiors is a core growth contributor.

Sustainability and Innovation Reshape Preferences
A rising preference for eco-conscious furniture is transforming product development. Around 21% of consumers now prioritize items made with recycled materials or sustainable wood, signaling a market shift. Smart innovations are also rising, where functionality meets digital adaptability in urban homes.

Luxury Appeal Drives Premium Demand
With rising incomes, the preference for luxury furniture is gaining momentum. Premium products now account for a significant 18% share of the market. Influenced by design blogs and digital décor showcases, consumers are regularly updating their spaces to reflect new trends and lifestyles.

Smart Tech Embedded into Furniture Products
Modern homes are embracing smart furniture solutions that integrate technology seamlessly. Close to 15% of households now prefer items with smart functionalities, such as built-in charging or connectivity. This trend is shaping the next phase of product innovation across the household furniture space.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Outdoor Furniture
    3. Market Snapshot, By Storage Furniture
    4. Market Snapshot, By Distribution Channel
    5. Market Snapshot, By Region
  4. Household Furniture Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Urbanization and Population Growth

        2. Increasing Disposable Income

        3. Home Renovation and Remodeling Activities

      2. Restraints
        1. Raw Material Price Volatility

        2. Economic Uncertainty

        3. Rising Operational Costs

      3. Opportunities
        1. Rising Demand for Multi-Functional Furniture

        2. Preference for Sustainable and Eco-Friendly Materials

        3. Technological Integration in Furniture Design

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Household Furniture Market, By Product, 2021 - 2031 (USD Million)
      1. Living Room and Dining Room Furniture

      2. Bedroom Furniture

      3. Kitchen Furniture

      4. Lamps and Lighting Furniture

      5. Plastic

      6. Others

    2. Household Furniture Market, By Outdoor Furniture, 2021 - 2031 (USD Million)

      1. Outdoor Sofas

      2. Garden Chairs

    3. Household Furniture Market, By Storage Furniture, 2021 - 2031 (USD Million)

      1. Cabinets

      2. Storage Bins

    4. Household Furniture Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Supermarkets/Hypermarkets

      2. Specialty Stores

      3. Online Retail Stores

      4. Others

    5. Household Furniture Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Ikea
      2. La-Z-Boy
      3. Godrej Interio
      4. Bernhardt
      5. Ashley Furniture Industries Inc.
  7. Analyst Views
  8. Future Outlook of the Market