Wooden Furniture Market Report 2026

The wooden furniture market size has grown strongly in recent years. It will grow from $107.28 billion in 2025 to $112.84 billion in 2026 at a compound annual growth rate (CAGR) of 5.2%. The growth in the historic period can be attributed to urban housing expansion, rising disposable income levels, long-standing consumer preference for wooden furniture, growth of organized furniture retail, availability of diverse wood varieties.

The wooden furniture market size is expected to see strong growth in the next few years. It will grow to $141.13 billion in 2030 at a compound annual growth rate (CAGR) of 5.8%. The growth in the forecast period can be attributed to increasing demand for eco-certified furniture, growth in residential renovation activities, rising adoption of digitally enabled furniture retail, expansion of commercial real estate projects, increasing focus on customized interior solutions. Major trends in the forecast period include increasing demand for sustainable wooden furniture, growing adoption of modular and space-saving designs, rising preference for premium solid wood products, expansion of online furniture retail channels, enhanced focus on aesthetic customization.

The expanding construction sector is expected to drive the growth of the wooden furniture market in the coming years. The construction sector encompasses the commercial industry involved in building, maintaining, and repairing infrastructure. Wood, due to its natural cellular structure, acts as a better insulator than steel or plastic, helping to retain heating and cooling in homes and workplaces while consuming less energy. Additionally, wooden furniture aids in regulating humidity levels. For example, in July 2023, according to the Australian Bureau of Statistics, an Australian government agency, the number of dwellings under construction in the March quarter of 2023 increased by 1.3%, reaching 240,813 units, surpassing the previous record of 240,065 units in the March 2022 quarter. Therefore, the growth of the construction sector is supporting the expansion of the wooden furniture market.

Prominent companies in the wooden furniture market are emphasizing advanced solutions, such as cutting-edge furniture designs, to meet the evolving demands of consumers. Cutting-edge furniture designs encompass innovative and avant-garde styles that integrate the latest trends and technologies in furniture design. For example, in July 2023, Knock on Wood, an India-based furniture design and manufacturing company, unveiled an office furniture collection aimed at transforming workplaces and redefining collaboration in modern office settings. This collection showcases exceptional craftsmanship and cutting-edge designs, seamlessly blending functionality, practicality, style, and ergonomics. It features meticulously designed sleek desks, workstations, and meeting tables that enhance productivity and elevate the aesthetic appeal of any office environment, creating an inspiring workspace for modern professionals.

In December 2025, HNI Corporation, a US-based manufacturing company, acquired Steelcase for $2.2 billion. Through this acquisition, HNI aims to establish a leading global furniture entity, broadening its product portfolio and enhancing its market presence in commercial and office solutions. Steelcase Inc. is a US-based manufacturer specializing in the design and production of office furniture, workspace solutions, and related services for corporate, educational, and healthcare environments.

Major companies operating in the wooden furniture market are AVY Interior Pvt Ltd., NITORI Co Ltd., Ashley Home Stores Ltd., Steelcase Inc., Herman Miller Inc., Haworth Inc., HNI Corporation, Okamura Corporation, Dorel Industries Inc., Knoll Inc., Ethan Allen Global Inc., Kimball International Inc., Bassett Furniture Industries, Inter IKEA Systems B.V., Bush Furniture, Bernhardt Furniture Company, Durham Furniture Inc., King Hickory Furniture Company, Stickley Furniture Inc., Doimo Salotti, San Lim Furniture Co Ltd., King Jade Industrial Co Ltd., Great Veca Vn Co LTD.

Asia-Pacific was the largest region in the wooden furniture market in 2025. The regions covered in the wooden furniture market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the wooden furniture market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The wooden furniture market consists of sales of maple wood furniture, mahogany wood furniture, oak wood furniture, cherry wood furnitures. 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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