Furniture Repair & Reupholstery in the US - Industry Market Research Report

Holding up: Renewed growth in per capita disposable income is expected to bolster new furniture sales

The Furniture Repair and Reupholstery industry comprises businesses that reupholster, refinish, repair and restore furniture. This industry has experienced a moderate decline over the years to 2023. Prior to 2020, the industry was threatened by falling furniture prices, which frequently made furniture more expensive to repair than to replace. Then, in 2020, the COVID-19 pandemic caused a recession, leading industry revenue to fall. In the last few years, in unison with a faltering economy, industry revenue declined fueled by a fall in renewed demand. As a result of these factors, revenue has been falling over the past five years, decreasing at a CAGR of 1. 9% to reach an estimated $2. 0 billion in 2023.

This includes a gain of 1. 4% in 2023 alone. This industry is involved in reupholstering, refinishing, repairing and restoring furniture. Participants offer on-site and in-store furniture reupholstery and repair services. Automotive vehicle upholstery repair services and the restoration of museum pieces are not included in this industry. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.