Home Furnishings and Floor Coverings Market Report 2026

The home furnishings and floor coverings market size has grown strongly in recent years. It will grow from $132.51 billion in 2025 to $140.86 billion in 2026 at a compound annual growth rate (CAGR) of 6.3%. The growth in the historic period can be attributed to residential construction growth, expansion of urban housing projects, rising home renovation activities, availability of mass-produced furnishings, growth of organized home décor retail.

The home furnishings and floor coverings market size is expected to see strong growth in the next few years. It will grow to $185.04 billion in 2030 at a compound annual growth rate (CAGR) of 7.1%. The growth in the forecast period can be attributed to increasing focus on eco-friendly interiors, rising demand for modular and multifunctional furnishings, expansion of premium flooring installations, growth of digital interior design platforms, increasing consumer spending on home improvement. Major trends in the forecast period include increasing demand for sustainable furniture and flooring materials, rising preference for premium interior décor products, growing adoption of online furniture and flooring purchases, expansion of customizable home décor solutions, enhanced focus on aesthetic and functional design.

The increasing demand for online shopping is expected to drive the growth of the home furnishings and floor coverings market. Online shopping refers to the process of purchasing goods or services over the internet using websites or mobile applications, allowing consumers to browse, compare, and purchase products without visiting physical stores. The growth of online shopping is fueled by the widespread adoption of smartphones and high-speed internet, enabling convenient access to products anytime and anywhere. Home furnishings and floor coverings benefit from online shopping because they can be effectively showcased through images, videos, and digital tools, allowing consumers to make informed purchase decisions. For instance, in August 2023, according to the United States Census Bureau, U.S. e-commerce sales in the second quarter of 2023 increased by 7.5% compared to the same period in 2022, while overall retail sales increased by 0.6%. Therefore, the growing popularity of online shopping is expected to propel the home furnishings and floor coverings market.

The growth of residential construction and renovation activities is also driving market demand. These activities include the development, remodeling, repair, or upgrading of housing structures such as single-family homes, apartments, and residential complexes. Rising urbanization and population growth are increasing the need for new housing and modernization of existing properties. Home furnishings and floor coverings enhance functionality, comfort, and aesthetic appeal, making homes complete and move-in ready. For example, in July 2024, according to the US Census Bureau, the value of U.S. construction operations rose from $2.01 trillion in May 2023 to $2.14 trillion in May 2024. Therefore, residential construction and renovation activities are expected to propel demand for home furnishings and floor coverings.

Companies in the market are focusing on expanding their product portfolios through innovations in wood flooring. Wood flooring offers durability, aesthetic appeal, and enhanced performance for residential and commercial applications. For instance, in April 2023, Bjelin, a Sweden-based flooring company, launched a new range of hardened wood floors with updated colors, formats, and advanced surface technologies. The Hardened Wood 3 collection features enhanced designs, a brushed lacquered finish, and a newly developed lacquer with improved wear resistance, catering to rising demand for long-lasting, visually refined wood flooring solutions.

Major companies operating in the home furnishings and floor coverings market are Mohawk Industries Inc., Ashley Furniture Industries Inc., Berkshire Hathaway Inc., Tarkett SA, Masco Corporation, Beaulieu International Group, Gerflor SAS, Interfaceflor LLC, TOLI Corporation, Balta Group NV, MillerKnoll Inc., Steelcase Inc., La-Z-Boy Inc., Leggett & Platt Incorporated, Tempur Sealy International Inc., Ethan Allen Interiors Inc., HNI Corporation, Shaw Industries Group Inc., Newell Brands Inc., Hunter Fan Company, Casper Sleep Inc., Purple Innovation Inc., Tuft & Needle LLC, Saatva Inc., Amerisleep LLC, Leesa Sleep LLC, Avocado Green Brands.

Asia-Pacific was the largest region in the home furnishings and floor coverings market in 2025. North America was the second largest region in the home furnishings and floor coverings market. The regions covered in the home furnishings and floor coverings market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the home furnishings and floor coverings market report are China, India, Japan, Australia, Indonesia, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, Taiwan, New Zealand, UK, Germany, France, Italy, Spain, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.

The home furnishings and floor coverings market consists of sales of cork tile, asphalt tile, and printed felt base. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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