Key Trends in the Market
Furniture refers to objects designed to support human activities including sleeping, sitting, working, and sleeping, among others. It is usually made up of wood, metals, and plastic and is available in a variety of designs. Aside from providing functional applications, furniture also aids in enhancing the décor and aesthetics of personal and working spaces.- The increasing popularity of hybrid and remote work is bolstering the North America furniture market growth. Professionals working remotely are investing towards home offices including ergonomic chairs and tables in order to support their daily tasks and working requirements.
- The rising emphasis on home décor and aesthetics of personal spaces is providing lucrative growth opportunities to the market. Increasing celebrity endorsements and collaborations with social media influencers and content creators coupled with rising disposable incomes are encouraging individuals to invest in furniture items that complement their personal style while providing functional applications.
- The increasing travel and tourism activities in the region are supporting the market expansion as the development of hotels, home stays, and Airbnbs grows and the requirement for beds, sofas and couches, and chairs, among others, increases. The provision of comfortable furniture enhances the travel experience of the tourists, increasing satisfaction.
North America Furniture Market Segmentation
“North America Furniture Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:Breakup by Type
- Beds
- Tables and Desks
- Sofa and Couch
- Chairs and Stools
- Cabinets and Shelves
- Others
Breakup by Material
- Wood
- Metal
- Plastic
- Others
Breakup by Application
- Residential
- Commercial
Breakup by Distribution Channel
- Home Centres
- Flagship Stores
- Speciality Stores
- Online
- Others
Breakup by Region
- United States of America
- Canada
Market Share by Distribution Channels
Online distribution channels are expected to account for a significant North America furniture market share owing to the convenient and hassle-free nature of online shopping and availability of discounts, fast delivery, and easy refund and exchange. Additionally, online distribution channels provide furniture in a wide range of designs and colour schemes to meet the different styles and tastes of the individuals, aiding the segment growth. The availability of assistance from customer service representatives enhances the shopping experience while product reviews and descriptions aid customers in making informed decisions.Market Share by Country
The United States is anticipated to witness significant growth in the coming years. This growth can be attributed to the rising disposable incomes and increasing construction activities in the region. The rising home renovation and remodelling activities in the country are also booting the North America furniture market demand. The growing influence of social media and increasing collaborations between the key players of the market and content creators and influencers is further supporting the market expansion in the United States.Competitive Landscape
The comprehensive report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.Steelcase Inc.
Steelcase Inc. is one of the leading manufacturers of seating and storage units, furniture, partitioning systems for offices, and classroom furniture, among others. The company was founded in 1912 and is headquartered in Michigan, United States.Haworth, Inc.
Haworth, Inc. is known for designing innovative and ergonomic office furniture for their customers. The company manufactures and designs panels, movable walls, tables, seatings, storage solutions, and wood case goods. Haworth was founded in 1948 and is headquartered in Michigan, United States.Haworth, Inc. is known for designing innovative and ergonomic office furniture for their customers. The company manufactures and designs panels, movable walls, tables, seatings, storage solutions, and wood case goods. Haworth was founded in 1948 and is headquartered in Michigan, United States.
Knoll International SpA
Knoll International SpA, headquartered in Lombardy, Italy is a home furnishing and furniture manufacturing company that is dedicated towards innovating and designing modern residential and office furniture for their customers. Knoll was founded in 1938.Other North America furniture market key players include Bassett Furniture Industries, Durham Furniture, L. & J.G. Stickley, Inc., Kimball International Inc., HNI Corporation, La-Z-Boy Incorporated, and Sherrill Furniture Company, among others.
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Companies Mentioned
- Steelcase Inc.
- Haworth, Inc.
- Knoll International SpA
- Bassett Furniture Industries
- Durham Furniture
- L. & J.G. Stickley, Inc.
- Kimball International Inc.
- HNI Corporation
- La-Z-Boy Incorporated
- Sherrill Furniture Company