US Upholstered Furniture Market Size (2024 - 2029)

The United States Upholstered Furniture Market is experiencing significant growth, with its market size expanding rapidly as part of the global furniture industry. This growth is driven by economic advancements and infrastructure investments that have increased regional income, allowing market participants to capitalize on various opportunities. The U.S. stands as a leading importer of upholstered furniture, with a substantial portion of imports coming from China, followed by Vietnam and Mexico. The market's dynamics are further influenced by the rising importance of online sales and digital strategies employed by manufacturers and retailers. However, supply chain disruptions, such as those caused by winter storms affecting key production materials, pose challenges to the market's expansion.

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Market Size of US Upholstered Furniture Industry

US Upholstered Furniture Market Summary
Study Period 2020-2029
Market Size (2024) USD 20 Billion
Market Size (2029) USD 26.80 Billion
CAGR (2024 - 2029) 5.50 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific

Major Players

US Upholstered Furniture Market Major Players

*Disclaimer: Major Players sorted in no particular order

US Upholstered Furniture Market Analysis

The US Upholstered Furniture Market size is estimated at USD 20 billion in 2024, and is expected to reach USD 26.80 billion by 2029, growing at a CAGR of greater than 5.5% during the forecast period (2024-2029).

The upholstered furniture market is one of the most rapidly expanding segments in the furniture industry worldwide. The UHF market in the United States experienced rapid growth after the global economic downturn. Only a few well-established and well-equipped companies in the US usually supply the majority of exports. Economic growth and significant infrastructure investments have generated regional income. Additionally, the structure of domestic production, imports and exports, and consumption have enabled market players to analyze and take advantage of opportunities.

The United States of America is the foremost provider of imported upholstery furniture, accounting for approximately 40% of the total local consumption of upholstery. Fifty percent of the imported upholstery is sourced from outside the United States, with China remaining the primary source of upholstery imports, representing 70% of the total. Other countries that are increasing their imports of upholstery include Vietnam and Mexico.

The importance of online sales for upholstery, as well as the digital strategies employed by major manufacturers and a variety of furniture retailers that offer their products online. In recent times, the winter storm has disrupted the supply of furniture due to the closure of chemical plants in Texas and Louisiana that produce polyurethane foam, an essential material for upholstery.

US Upholstered Furniture Industry Segmentation

Upholstery is a segment of the global furniture market that is growing at a rapid rate. The term upholstery refers to the products where the fabric of the upholstery is in direct contact with the padding materials used in the upholstery, such as the seats and other interior surfaces.

The United States upholstered furniture market is segmented by type (chairs, sofas, tables, beds, and other types), by end-user (residential and commercial), and by distribution channel (offline and online). The report offers market size and forecast in value (USD) for all the above segments.

By Type
Chairs
Sofas
Tables
Beds
Others
By End-User
Residential
Commercial
By Distribution Channel
Online
Offline
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US Upholstered Furniture Market Size Summary

The United States upholstered furniture market is experiencing significant growth, driven by economic expansion and increased consumer spending. This sector is a rapidly expanding segment within the global furniture industry, with the US playing a pivotal role as a major importer. The market's growth is supported by the rise in consumer purchasing power, improvements in living standards, and changing lifestyles that favor luxury and comfortable furniture. The demand for upholstered furniture is further bolstered by the construction of new homes, which necessitates new furniture, and a growing preference for environmentally friendly materials. The market is also benefiting from the digital transformation, with online sales becoming increasingly important as manufacturers and retailers adopt robust e-commerce strategies.

The competitive landscape of the US upholstered furniture market is characterized by a concentration of manufacturing activities in the Southeastern states, particularly North Carolina and Tennessee. Key players in the industry include well-established companies such as Stickley, Lancaster Custom Upholstery, and Bassett Furniture, among others. These companies are actively expanding their operations and enhancing their product offerings through strategic partnerships and acquisitions. For instance, Bassett Furniture's acquisition of Noa Home Inc. and its partnership with Acuative highlight the industry's focus on integrating advanced technology and expanding e-commerce capabilities. Despite challenges such as supply chain disruptions due to natural disasters, the market continues to thrive, supported by a strong demand for customized and high-quality upholstered furniture.

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US Upholstered Furniture Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

      1. 1.2.1 Increase in the online sales of upholstered furniture

      2. 1.2.2 Customizations available of high-quality and cost-effective

    3. 1.3 Market Restraints

      1. 1.3.1 Factors such as increased manufacturing complexity and labor shortage.

    4. 1.4 Market Opportunities

      1. 1.4.1 The United States of America is the primary importer of uplifted furniture products.

      2. 1.4.2 Rise in the demand by gen z and millennials

    5. 1.5 Porter's Five Forces Analysis

      1. 1.5.1 Threat of New Entrants

      2. 1.5.2 Bargaining Power of Buyers/Consumers

      3. 1.5.3 Bargaining Power of Suppliers

      4. 1.5.4 Threat of Substitute Products

      5. 1.5.5 Intensity of Competitive Rivalry

    6. 1.6 Impact of COVID-19 on the market

    7. 1.7 Insights into Latest Technological Innovations and Recent Trends in the Market

    8. 1.8 Insights on Government Regulations in the Industry

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Type

      1. 2.1.1 Chairs

      2. 2.1.2 Sofas

      3. 2.1.3 Tables

      4. 2.1.4 Beds

      5. 2.1.5 Others

    2. 2.2 By End-User

      1. 2.2.1 Residential

      2. 2.2.2 Commercial

    3. 2.3 By Distribution Channel

      1. 2.3.1 Online

      2. 2.3.2 Offline

US Upholstered Furniture Market Size FAQs

The US Upholstered Furniture Market size is expected to reach USD 20 billion in 2024 and grow at a CAGR of greater than 5.5% to reach USD 26.80 billion by 2029.

In 2024, the US Upholstered Furniture Market size is expected to reach USD 20 billion.

US Upholstered Furniture Market Report Snapshots

United States Upholstered Furniture Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)