DIY Furniture Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

DIY Furniture Market Report is Segmented by Type (Metal, Wood, Plastic, and Glass), Application (Residential and Commercial), Distribution Channel (Online and Offline), Geography (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa). The Report Offers Market Size and Forecasts for the DIY Furniture Market in Value (USD) for all the Above Segments.

DIY Furniture Market Size

DIY Furniture Market  Summary
Study Period 2020-2029
Base Year For Estimation 2023
Market Size (2024) USD 114.90 Billion
Market Size (2029) USD 160.33 Billion
CAGR (2024 - 2029) 6.89 %
Market Concentration High

Major Players

DIY Furniture Market  Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of DIY Furniture Market with other markets in Home and Property Improvement Industry

Kitchen Appliances

Home Appliances

Laundry Appliances

Home Decor

Furniture and Furnishings

Floor Coverings

DIY Furniture Market Analysis

The DIY Furniture Market size is estimated at USD 114.90 billion in 2024, and is expected to reach USD 160.33 billion by 2029, growing at a CAGR of 6.89% during the forecast period (2024-2029).

"Do-It-Yourself" became popular due to its cost-effectiveness and customer satisfaction while creating and customizing furniture. Factors like the increasing trend of sustainable living, interest in creative hobbies, and the growing online platforms that provide tutorials and inspiration drive the market's growth. The market offers opportunities for industrial players to capitalize on the growing trends, such as sustainability and online platforms.

Consumers' rise in disposable income increases their purchasing power and spend more on luxury, comfort, and lifestyle products. The changing spending behavior of consumers and the rise in purchasing power increases the demand for DIY furniture. The rising trend of home renovation supports the growth of the market. As the home renovation trend increases, people desire to have outdoor gardens and galleries at home, buy outdoor DIY furniture, and enhance market growth. Increased growth in urbanization and globalization led to an increase in the standard of living, another factor in developing the DIY furniture market.

The technological advancements created in DIY furniture products increased the demand among customers. The increase in product offerings boosts the growth of the market. Moreover, factors like the emergence of e-commerce platforms and wide usage of online shopping platforms expanded the development of the market.

DIY Furniture Market Trends

Digital Transformation and Technology Adoption Drive the Market

The rapid growth in digital transformation and the adoption of advanced technologies boost the development of the e-commerce DIY furniture market. Integrating tools such as augmented reality (AR), virtual reality (VR), and 3D visualization enhanced the online shopping experience of DIY furniture. With these technologies, customers can virtually visualize how the furniture will look when it is fit before purchasing.

Integrating BNPL services provides convenience to customers and creates a user-friendly experience for them. Mobile commerce and the facility of more accessible payment options are significant drivers in the growth of the e-commerce DIY furniture market.

DIY Furniture Market : Spending On Digital Transformation Technologies, Worldwide, In USD Billion, 2019 - 2022

Asia-Pacific is the Fastest Growing Market

The rising demand for personalized and unique furniture increased the demand for DIY furniture in Asia-Pacific. Customers are looking for furniture that reflects individual styles and meets specific requirements. The market offers opportunities for industry participants in the Asia-Pacific region to increase revenue and foster customer loyalty. Technological advancements and sustainability initiatives taken by manufacturers increase the growth of the DIY furniture market in the Asia-Pacific region. Factors like the expansion of e-commerce platforms and online customization tools enhance the development of the DIY furniture market in the Asia-Pacific region.

DIY Furniture Market : Revenue From Home Decor, Asia Pacific, In USD Billion, 2022

DIY Furniture Industry Overview

The DIY furniture market is competitive. This market includes many established companies and independent artisans. The small market players strive to enter the market by offering customized and specialized products. Online platforms are essential in connecting DIY furniture producers with customers to showcase a wide range of products. The major players are Wipro Furniture, Global Upholstery, Herman Miller, Steelcase, and Ikea.

DIY Furniture Market Leaders

  1. Global Upholstery

  2. Herman Miller

  3. Steelcase

  4. Ikea

  5. Wipro Furniture

*Disclaimer: Major Players sorted in no particular order

DIY Furniture Market Concentration
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DIY Furniture Market News

  • July 2023 - Ikea launched a nostalgia-packed collection of reimagined designs on its 80th anniversary, bringing back the bold, vibrant designs of the late ’70s and early ’80s. The brand named build-it-yourself, affordable furniture is looking back to design furniture by adding a modern twist with new colors, materials, and inspiration.
  • June 2022 - Ikea, the world's largest furniture seller, launched a new AI-powered digital experience that allows customers to design and visualize their living spaces from computers and smartphones.

DIY Furniture Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS AND INSIGHTS

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 DIY Furniture Encourages Creativity and Innovation Drives the Market
  • 4.3 Market Restraints
    • 4.3.1 DIY Furniture Projects Require Certain Level of Expertise and Experience
  • 4.4 Market Opportunities
    • 4.4.1 The Increasing Focus on Sustainable Living Promote DIY Furniture Markets to Adopt Eco-friendly Practices
  • 4.5 Industry Value Chain Analysis
  • 4.6 Industry Attractiveness - Porters' Five Forces Analysis
    • 4.6.1 Threat of New Entrants
    • 4.6.2 Bargaining Power of Buyers
    • 4.6.3 Bargaining Power of Suppliers
    • 4.6.4 Threat of Substitutes
    • 4.6.5 Intensity of Competitive Rivalry
  • 4.7 Insights on Technology Innovation in the Market
  • 4.8 Impact of COVID-19 on the Market

5. MARKET SEGMENTATION

  • 5.1 By Type
    • 5.1.1 Metal
    • 5.1.2 Wood
    • 5.1.3 Plastic
    • 5.1.4 Glass
  • 5.2 By Application
    • 5.2.1 Residential
    • 5.2.2 Commercial
  • 5.3 By Distribution Channel
    • 5.3.1 Online
    • 5.3.2 Offline
  • 5.4 By Geography
    • 5.4.1 North America
    • 5.4.1.1 United States
    • 5.4.1.2 Canada
    • 5.4.1.3 Rest of North America
    • 5.4.2 Asia-Pacific Region
    • 5.4.2.1 India
    • 5.4.2.2 China
    • 5.4.2.3 Japan
    • 5.4.2.4 Australia
    • 5.4.2.5 Rest of Asia-Pacific Region
    • 5.4.3 South America
    • 5.4.3.1 Brazil
    • 5.4.3.2 Argentina
    • 5.4.3.3 Rest of South America
    • 5.4.4 Europe
    • 5.4.4.1 United Kingdom
    • 5.4.4.2 Germany
    • 5.4.4.3 Italy
    • 5.4.4.4 Rest of Europe
    • 5.4.5 Middle East & Africa
    • 5.4.5.1 South Africa
    • 5.4.5.2 United Arab Emirates
    • 5.4.5.3 Rest of Middle East & Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concetration Overview
  • 6.2 Company Profiles
    • 6.2.1 Global Upholstery
    • 6.2.2 Herman Miller
    • 6.2.3 Steelcase
    • 6.2.4 Ikea
    • 6.2.5 Wipro Furniture
    • 6.2.6 Godrej & Boyce
    • 6.2.7 Williams-Sonoma
    • 6.2.8 Creative Wood
    • 6.2.9 Kinnarps
    • 6.2.10 Kokuyo*
  • *List Not Exhaustive

7. MARKET FUTURE TRENDS

8. DISCLAIMER AND ABOUT US

** Subject To Availablity
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DIY Furniture Industry Segmentation

DIY furniture includes many products, like tables, chairs, shelves, cabinets, etc. It allows people to be creative and customize furniture according to their preferences. The DIY furniture market provides an unlimited range of collections and customized furniture. The DIY furniture market is segmented into type, application, distribution channel, and geography. By type, the market is segmented into metal, wood, plastic, and glass. By application, the market is segmented into residential and commercial. By distribution channel, the market is segmented into online and offline. By geography, the market is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa. The report offers market size and forecasts for the DIY furniture market in value (USD) for all the above segments.

By Type Metal
Wood
Plastic
Glass
By Application Residential
Commercial
By Distribution Channel Online
Offline
By Geography North America United States
Canada
Rest of North America
By Geography Asia-Pacific Region India
China
Japan
Australia
Rest of Asia-Pacific Region
By Geography South America Brazil
Argentina
Rest of South America
By Geography Europe United Kingdom
Germany
Italy
Rest of Europe
By Geography Middle East & Africa South Africa
United Arab Emirates
Rest of Middle East & Africa
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DIY Furniture Market Research FAQs

The DIY Furniture Market size is expected to reach USD 114.90 billion in 2024 and grow at a CAGR of 6.89% to reach USD 160.33 billion by 2029.

In 2024, the DIY Furniture Market size is expected to reach USD 114.90 billion.

Global Upholstery, Herman Miller, Steelcase, Ikea and Wipro Furniture are the major companies operating in the DIY Furniture Market.

In 2023, the DIY Furniture Market size was estimated at USD 106.98 billion. The report covers the DIY Furniture Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the DIY Furniture Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

DIY Furniture Industry Report

Statistics for the 2024 DIY Furniture market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. DIY Furniture analysis includes a market forecast outlook to for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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DIY Furniture Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)