The US Home Decor Market Segmented Into by Product Type (Furniture, Home Textiles, and More), Material (Wood, Metal, and More), Distribution Channel (Home-Improvement & Furniture Stores, Specialty Décor Stores, and More), Price Range (Mass and Premium / Luxury), Room (living Room, Bedroom, More), and Region (Northeast, Midwest and More). The Market Forecasts are Provided in Terms of Value (USD).

The value of the home décor market in the United States was forecast to reach 202 billion U.S. dollars in 2024, a 20 percent increase from 2019 value, which stood at 169 billion U.S. dollars. IKEA, Wayfair, and Bed Bath & Beyond are among the leaders in the home décor and furnishing industry in the United States.

Snapshot img

US Home Decor Market Size 2024-2028

The US home decor market size is forecast to increase by USD 69.4 billion at a CAGR of 8.08% between 2023 and 2028.

The market is experiencing significant growth, driven by several key factors. The rise in online spending and smartphone penetration is catalyzing the e-commerce sector, leading to increased sales of home decor items. Consumers are increasingly preferring eco-friendly decor pieces, which is a growing trend In the market. Furthermore, the long product replacement cycles of furniture and bedding result in infrequent purchases, creating a stable market. The demand for luxury furniture, decorative lighting, and smart home devices such as LED lights is on the rise. Additionally, the construction industry's focus on sustainable and energy-efficient materials, including rubber, plastic, and textile, is influencing home decor trends. Logistics and packaging innovations are also playing a crucial role In the market's growth, enabling seamless delivery of home furnishings and decorative items. The spa culture's popularity is another trend, with consumers investing in high-quality bedding and chair designs to create a relaxing home environment.

What will be the size of the Market during the forecast period?

Request Free Sample

The market encompasses a diverse range of products, including furniture, textiles, floor coverings, and home textiles, catering to various sectors such as spas, offices, clean rooms, restaurants, camping, bedrooms, outdoor spaces, libraries, and even vehicles. This market exhibits strong growth, driven by the increasing demand for personalized living spaces and the expanding real estate industry. Consumers are increasingly seeking unique and functional home decor solutions, leading to an increase in demand for both mechanized and artisanal processes. Home improvement and renovation projects continue to fuel market expansion, with digital marketing initiatives and omnichannel retail strategies enabling seamless consumer engagement across multiple channels.
The interior design industry and interior design market are integral components of the home decor landscape, offering customized solutions for residential and commercial spaces. Apartment living, a growing trend, is also driving demand for innovative and space-saving home decor solutions. Overall, the market is poised for continued growth, reflecting consumers' ongoing quest for comfort, functionality, and self-expression within their living environments.

How is this market segmented and which is the largest segment?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Distribution Channel

  Specialty Stores
  Supermarkets and Hypermarkets
  Online Retailers (e-commerce)


Product

  Home Furniture
  Floor coverings
  Home Textiles
  Wall Decor
  Lighting
  Accessories


Income Group

  Lower-middle income
  Upper-middle income
  Higher income


Geography

  US

By Distribution Channel Insights

The specialty stores segment is estimated to witness significant growth during the forecast period. The market is characterized by a diverse range of offerings and distribution channels. Large retail chains dominate the landscape, providing a wide selection of home decor products, including furniture, textiles, floor coverings, and decorative items. Specialty stores, such as Pottery Barn and Crate & Barrel, focus on high-quality, trendy, and customized designs, catering to niche markets. Department stores, like Macy's and Nordstrom, offer diverse home decor selections as part of their broader offerings. Local boutiques and craft stores contribute unique, artisanal items, while seasonal pop-ups and home decor sections in supermarkets increase accessibility. The real estate industry, transportation, infrastructure facilities, and various industries, including office, bedroom, outdoor, library, restaurant, and camping, incorporate home decor elements.

Get a glance at the market share of various segments Request Free Sample

The specialty stores segment was valued at USD 69.60 billion in 2018 and showed a gradual increase during the forecast period.

Market Dynamics

Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

What are the key market drivers leading to the rise in adoption of US Home Decor Market?

Rise in online spending and smartphone penetration is the key driver of the market. The market has experienced significant growth due to the increasing popularity of online shopping. The proliferation of Internet services and improved economic conditions have

Home decor market to grow from US$ 768.5 Bn in 2025 to US$ 1,045.8 Bn by 2032 at 4.5% CAGR, driven by sustainable trends, urbanization, and personalized designs

US Home Furnishing Market was valued at USD 392 billion in 2024 and is projected to reach USD 649 billion by 2031, growing at a CAGR of 6.5% during the forecast period 2024-2031

US Home Furnishing Market Drivers

Robust Housing Market: The demand for home furnishings is greatly impacted by the state of the housing market, which includes new home construction, existing home sales, and remodelling activities. A healthy real estate market encourages furniture and décor purchases.

Changing Consumer Lifestyles: Trends in home furnishings are influenced by changes in consumer choices, lifestyles, and demography. Modern, functional, and adjustable furniture is in high demand due to factors including family arrangements changing, urbanisation, and millennial homebuyers.

E-commerce Growth: More consumers now have access to a greater selection of home furnishings thanks to the growth of e-commerce platforms and online furniture merchants. Online furniture sales are fueled by convenience, affordable prices, and alternatives for home delivery.

Renovation and Remodelling of Homes: The need for new furniture, flooring, lighting, and décor items to modernise and improve living spaces is driven by homeowners who undertake renovation projects and interior remodelling.

Growing Interest in Interior Design and Home Decor: Social media sites like Pinterest and Instagram are contributing to the growing interest in interior design and home decor, which in turn is encouraging customers to spend money on fashionable and customised furniture for their homes.

Snapshot img

Home Decor Market Size 2025-2029

The home decor market size is forecast to increase by USD 470.5 million at a CAGR of 9.5% between 2024 and 2029.

The market is experiencing significant growth, driven by rising disposable income among consumers in North America. This trend is leading to increased demand for various home decor items such as furniture, flooring, lighting, glass, rubber, and textiles made of cotton, plastic, and polyurethane foam. Eco-friendly home decor is also gaining popularity, with consumers showing a preference for handicrafts and sustainable materials. However, the market faces challenges such as volatile raw material prices and transportation costs.
Online furniture and home decor sales are surging, with consumers turning to e-commerce platforms for convenience and access to a wider range of products. Smart home technology, including LED lighting and smartphones, is also influencing home decor trends, with consumers seeking to integrate technology into their living spaces. Construction and real estate industries are also major consumers of home decor items, driving demand for cabinets, containers, and other home decor solutions. Overall, the market is dynamic and evolving, with trends and challenges shaping its growth trajectory.

What will be the Size of the Home Decor Market During the Forecast Period?

Request Free Sample

The market encompasses a wide range of products including furniture, textiles, and floor coverings. This market experiences consistent growth driven by rising living standards and increasing consumer interest in improving the aesthetics and functionality of their home possessions. Skilled labor and infrastructure facilities are essential for manufacturing and producing these items, while transportation plays a crucial role in their distribution. Physical retail stores remain a significant channel for sales, offering customers the ability to touch and feel products before purchasing. However, the rise of online retail outlets has disrupted traditional sales models, providing consumers with greater convenience and access to a wider selection of items.
Disposable incomes continue to influence consumer spending, with many prioritizing lifestyle improvement through home decor. Consumer preferences for eco-friendly and sustainable items have gained traction, leading to an increased demand for environmentally friendly raw materials such as timber flooring. Additionally, housing starts and new construction projects contribute to market growth. Customer service and personalized offerings are key differentiators for retailers, ensuring a positive shopping experience and repeat business. Overall, the market is a dynamic and evolving industry, driven by consumer lifestyle trends and a growing focus on home improvement.

How is the Home Decor Industry segmented and which is the largest segment?

The industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. ProductFurnitureFloor coveringsOthersDistribution ChannelOfflineOnlinePriceMassPremiumApplicationIndoorOutdoorEnd-User TypeResidentialCommercialHospitalityMaterial TypeWoodMetalGlassFabricPlasticGeographyAPACAustraliaChinaIndiaJapanSouth KoreaNorth AmericaUSCanadaEuropeFranceGermanyUKSouth AmericaMiddle East and Africa

By Product Insights

The furniture segment is estimated to witness significant growth during the forecast period. The markets continue to expand as consumers prioritize improving their living standards and expressing personal style through furniture and textiles. This sector encompasses various products, including furniture, bath textiles, bedroom textiles, carpets and rugs, dining textiles, and decorative items. Middle- and high-income demographics, particularly the Generation X population, are increasingly drawn to high-quality, long-lasting materials like wood, leather, and glass for their homes. Additionally, eco-friendly items made from raw materials such as pinewood, vinyl & rubber, and textiles are gaining popularity.
Multi-purpose furniture, modular wardrobes, and compact solutions cater to small spaces and urban lifestyles. Convenience and customer service are essential factors driving sales, with consumers favoring easy access to products through online retail outlets and physical stores. The infrastructure facilities for housing starts and transportation enable the availability of these products. Changing consumer preferences and lifestyles influence new launches and trends, with social media platforms and home decor magazines serving as key sources of inspiration.

Get a glance at the market report of share of various segments Request Free Sample

The Furniture segment was valued at USD 362.90 million in 2019 and showed a gradual increase during the forecast period

United States Home Décor Market size was valued at USD 350.6 Billion in 2024 and is projected to reach USD 1507.7 Billion by 2031, growing at a CAGR of 20% from 2024 to 2031.

Key Market Drivers: Growing Real Estate Market and Home Ownership: The robust real estate market and increasing homeownership rates in the United States are driving the demand for home décor products. According to the U.S. Census Bureau, the homeownership rate in the United States was 65.9% in the fourth quarter of 2022, representing a significant portion of the population investing in their living spaces. Additionally, the National Association of Realtors reported that existing-home sales reached 5.03 million in 2022, indicating a strong market for home purchases and, consequently, home décor. Rise of Remote Work and Home Office Setups: The shift towards remote work, accelerated by the COVID-19 pandemic, has led to increased investment in home office décor and furnishings. The U.S. Bureau of Labor Statistics reported that 27.6% of employed persons teleworked because of the coronavirus pandemic in 2021. This trend has continued, with Gallup reporting that as of June 2022, 56% of full-time employees in the U.S. (more than 70 million workers) had the opportunity to work remotely at least part of the time, driving demand for home office décor and functional yet aesthetically pleasing living spaces. Increasing Focus on Sustainability and Eco-Friendly Décor: Growing environmental consciousness among consumers is driving the demand for sustainable and eco-friendly home décor products. According to a survey by the National Retail Federation and IBM, nearly 70% of U.S. consumers say it’s important that brands are sustainable or eco-friendly. This trend is reflected in the home décor market, with the U.S. Green Building Council reporting that LEED-certified homes have grown by 19% since 2017, indicating a strong consumer preference for environmentally responsible living spaces and décor choices.

The United States home decor market, valued at $206.70 million in 2025, is projected to experience robust growth, driven by several key factors. A rising disposable income among millennials and Gen Z, coupled with an increasing focus on home improvement and personalization, fuels significant demand for aesthetically pleasing and functional home furnishings. The growing popularity of online shopping, offering convenience and a wider selection of products, further propels market expansion. The trend towards sustainable and eco-friendly home decor options also presents a lucrative segment for businesses committed to environmentally responsible practices. While supply chain disruptions and inflationary pressures might present challenges, the overall market outlook remains positive. The market is segmented by distribution channels (supermarkets/hypermarkets, specialty stores, online, and others) and product categories (home furniture, home textiles, flooring, wall decor, lighting, accessories, and others). Major players like IKEA, Ashley Furniture, and Shaw Industries are well-positioned to capitalize on these trends, but competition remains intense. The geographical segmentation across the US (Northeast, Southeast, Midwest, Southwest, West) reveals varying levels of market penetration and consumer preferences, influencing marketing strategies and product offerings. The continued CAGR of 4.11% suggests a steady expansion throughout the forecast period (2025-2033). The continued growth trajectory is expected to be influenced by several factors. Firstly, the increasing adoption of smart home technologies is likely to create opportunities for innovative home decor products. Secondly, the rising popularity of minimalist and Scandinavian design aesthetics is expected to shape consumer preferences. Lastly, the growth of the rental market and the demand for easily movable and adaptable furniture will influence the sales of certain product segments. Analyzing these aspects across various regions provides invaluable insights into tailoring specific strategies to maximize market share and cater to diverse consumer needs. Companies are expected to invest further in e-commerce infrastructure and improve their online presence to better reach the growing online consumer base. Innovation in product design and material sourcing will also be crucial for sustained market leadership. Recent developments include: August 2023: Overstock.com Inc., in collaboration with Bed Bath & Beyond, unveiled BedBathandBeyond.com in the United States. This strategic move consolidates the strengths of both companies, creating a unified online retail platform operating exclusively as Bed Bath & Beyond., June 2023: Online retailer Overstock.com Inc. strategically acquired select intellectual property assets from Bed Bath & Beyond's banner. The acquisition took place through a process overseen by the Bankruptcy Court., April 2023: In a significant move, IKEA unveiled a USD 2.2 billion investment plan for its omnichannel expansion in the United States. The Swedish furniture giant is set to revamp its store footprint, enhance its fulfillment capabilities, and introduce a tailored product range to meet the evolving needs of American households. This landmark investment marks IKEA's most substantial commitment in its four-decade-long presence in the US market.. Key drivers for this market are: The Demand for Home Decor Products is Surging as People are Inclined to Show their Creativity Through DIY Activities.. Potential restraints include: The Price Fluctuations of Raw Materials can be a Challenge for the Home Decor Industry., Lack of Skilled Labour who Design Home Decor Furniture. Notable trends are: The Market is Being Fueled by the Growth of E-Commerce Distribution.

The Home Furnishings Stores industry is experiencing a period of growth fueled by shifting consumer preferences and the boost of hybrid work models. As consumers balance remote and in-office work, there's a growing emphasis on creating living spaces that cater to professional and personal needs. This trend increases demand for multifunctional and ergonomic furniture, propelling sales for retailers who offer innovative, adaptable solutions. Revenue has expanded at a CAGR of 6.3% over the past five years to reach an estimated $90.9 billion in 2025, when income is projected to hike by 0.4%. Heightened competition from online retailers like Amazon and Wayfair has led to fierce price wars and a race to the bottom. Many brick-and-mortar stores have struggled to maintain their profit despite a steady demand for home products. The convenience and accessibility of online shopping have shifted how consumers make purchasing decisions, with many opting for the ease of digital platforms over traditional in-store experiences. This shift has forced brick-and-mortar stores to invest in online strategies and enhance their in-store experiences to remain viable. The home furnishings industry will face a mix of opportunities and challenges. Consumer investment in home improvement will drive growth. However, hurdles like rising tariffs on imports from China, Mexico and Canada might lead to higher prices, impacting profitability and consumer affordability. As geopolitical tensions and trade policies shift, businesses must adapt their cost structures accordingly. Integrating omnichannel retailing becomes critical to remaining competitive. As consumer expectations evolve, creating seamless shopping experiences that blend online convenience with physical interaction is essential. Emphasizing personalization and sustainability will also be crucial, as shoppers increasingly demand products that reflect their tastes and environmental values. Over the next five years, revenue will hike at a CAGR of 1.1% to reach an estimated $96.1 billion in 2030.

Over the five years to 2024, online home furnishing sales have experienced considerable growth, driven by pivotal trends and market dynamics. The rapid acceleration of online shopping, particularly triggered by the COVID-19 pandemic, led to a notable surge in online sales as consumers focused on enhancing their living spaces during lockdowns. With physical retail locations operating at limited capacities or closed entirely, demand for home furnishings through digital channels increased significantly. Generational shifts have also played a crucial role, with Millennials and Gen Z driving sales due to their comfort with digital platforms and preference for convenience and customization. Intensifying competition has pushed retailers to innovate with unique product offerings, superior customer service and eco-friendly practices, contributing to industry revenue growing at a CAGR of 9.4% reaching $15.5 billion over the five years to 2024, including an anticipated 0.6% bump in the final year. In this period of expansion, profitability faces substantial challenges due to rising competition. The influx of new entrants, both startups and traditional retailers pivoting to digital, has heightened competitive pressure, leading to price-based strategies that may compress profit. To maintain profitability, online home furnishing retailers emphasize differentiation strategies, such as personalized product offerings and sustainability initiatives. These strategies address evolving consumer preferences and enable companies to stand out in a densely populated market. Achieving operational efficiencies and maintaining stringent cost management will be key for companies to sustain profit levels amid these competitive dynamics. Looking ahead to the five years to 2029, online home furnishing sales are expected to sustain growth, though at a moderated pace. The convenience and diverse offerings of online shopping will continue to drive revenue opportunities, enticing both new and established players. However, this growth will further exacerbate competitive pressures, necessitating ongoing innovation and adaptation to evolving consumer expectations. Trends in personalization and sustainability present distinct opportunities for differentiation, allowing companies to leverage these shifts in consumer priorities. Despite the challenges, industry revenue is projected to grow at a CAGR of 6.2%, reaching $20.9 billion over the five years to 2029, as businesses strategically position themselves to capture and expand market share in a dynamic landscape.

The home decor market valuation is US$ 216,291.4 million in 2023 and is predicted to reach US$ 394,715.7 million by 2033. The global market is expected to expand at a CAGR of 6.2% over the forecast period.

Attributes	Details
Estimated Home Decor Market Size (2023)	US$ 216,219.4 million
Projected Home Decor Market Size (2033)	US$ 394,715.7 million
Value-based CAGR from 2023 to 2033	6.2%

Historical Sales Analysis vs. Demand Outlook in the Home Decor Market

Historical Market Size (2022)	US$ 202,900 million

Country-wise Insights

Country	United States
Market Share (2023	26.4%

Country	Canada
Market Share (2023	4.3%

Country	Germany
Market Share (2023	4.6%

Country	United Kingdom
Market Share (2023	2.5%

Country	France
Market Share (2023	2.3%

Country	Italy
Market Share (2023	2.8%

Country	Spain
Market Share (2023	2.8%

Country	China
Market Share (2023	4.0%

Country	India
Market Share (2023	2.8%

Country	Japan
Market Share (2023	6.4%

Country	Australia
Market Share (2023	1.6%

Country	Singapore
Market Share (2023	1.4%

Category-wise Insights

Top Product Type	Home Furniture
Share	22.5%

Top Distribution Channel	Direct-to-consumer
Share	15.2%

Explore the US Home Decor Market analysis, size, segmentation, competitor landscape, and market intelligence with a detailed research overview and insights for 2028.

Snapshot img

US Wall Decor Market Size 2025-2029

US wall decor market size is forecast to increase by USD 12.62 billion at a CAGR of 8.8% between 2024 and 2029.

US Wall Decor Market is experiencing significant growth, driven by the improving standard of living and the increasing trend towards interior design. Consumers are investing more in premium wall decor products to enhance their living spaces and home decor leading to increased demand. However, this market growth is not without challenges. Regulatory hurdles impact adoption, particularly with regards to safety standards and environmental certifications. Additionally, supply chain inconsistencies temper growth potential, as suppliers struggle to meet demand for certain products.
Rising competition intensifies price wars, putting pressure on companies to reduce profit margins. To capitalize on market opportunities and navigate challenges effectively, companies must focus on innovation, differentiation, and supply chain optimization. By addressing regulatory requirements and ensuring consistent product quality, they can build trust with consumers and secure a competitive edge.

What will be the size of the US Wall Decor Market during the forecast period?

Request Free Sample

In the dynamic home furniture market, the customer engagement is a key focus for businesses. Decorative lighting, including accent lighting, plays a significant role in enhancing the overall customer experience.DIY projects using recycled materials, such as fabric wall art and metal wall art, align with current style trends and appeal to art enthusiasts. Visual merchandising, art investment, and corporate branding also benefit from high-quality imagery, including art reproduction, product photography, and lifestyle photography. company partnerships for limited edition prints and wall panels add value to furniture stores.
Influencer marketing and art licensing contribute to effective retail branding, while data analytics , online furniture and social media marketing help optimize space and enhance customer insights. Corporate branding and home staging benefit from visual storytelling and content marketing strategies. Lighting fixtures, with their functional and aesthetic value, further enhance the overall decorative accents in the home decor market.

How is this market segmented?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Product

  Wall art
  Picture frames
  Wall clock
  Others


Application

  Residential
  Commercial


Distribution Channel

  Offline
  Online


Category

  Luxury Sofas
  Vintage Furniture
  Multi-functional Furniture


Art Type

  Artistic Paintings
  Wall Sculptures
  Decorative Mirrors


Material Type

  Wood
  Metal
  Glass
  Fabric
  Paper


Geography

  North America

    US

By Product Insights

The wall art segment is estimated to witness significant growth during the forecast period.

US wall decor market is witnessing significant growth, with wall art being the largest contributing segment. This segment's expansion is driven by the creativity and high price point involved in manufacturing, making it an attractive investment for artists and consumers alike. The US, with its affluent population, presents a lucrative market for wall art. Additionally, the rise of digital technology, including smartphones, tablets, and PDAs, has facilitated online shopping, further fueling market growth. Wall art encompasses various forms, such as canvas art, digital art, mixed media, and custom designs. Sustainable materials, large format printing, and 3D printing are also gaining popularity in the market.

Interior designers, art galleries, design studios, and online marketplaces are significant players in the value chain. Aesthetic preferences, color palettes, and design trends influence the market dynamics. Wall decals, upcycled art, and recycled materials are also emerging trends in the sector. Wall murals, art preservation, and art curation are other areas of growth. Home improvement stores and furniture stores are key distribution channels. Overall, the wall decor market in the US is witnessing a surge in demand from art enthusiasts and consumers seeking to enhance their living spaces with unique and innovative wall art solutions.

Download Free Sample Report

The Wall art segment was valued at USD 7.55 billion in 2019 and showed a gradual increase during the forecast period.

Market Dynamics

Our researchers analyzed the data with 2024 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

What are the US Wall Decor Market market drivers leading to the ris

The size of the United States Home Decor Market market was valued at USD 206.70 Million in 2023 and is projected to reach USD 274.02 Million by 2032, with an expected CAGR of 4.11% during the forecast period. The United States home décor market includes a wide range of products designed to enhance the aesthetic appeal and functionality of living spaces. This market encompasses furniture, textiles, lighting, wall art, and decorative accessories for residential interiors. Home décor is used to personalize and elevate the ambiance of homes, creating spaces that reflect individual style and comfort. Key trends include a growing preference for sustainable and eco-friendly materials, increased demand for smart home integration, and a focus on multi-functional and adaptable designs. Additionally, there is a rising interest in customization and unique, artisanal pieces. As consumer tastes evolve, the market continues to embrace innovation and diversity in décor options. Recent developments include: August 2023: Overstock.com Inc., in collaboration with Bed Bath & Beyond, unveiled BedBathandBeyond.com in the United States. This strategic move consolidates the strengths of both companies, creating a unified online retail platform operating exclusively as Bed Bath & Beyond., June 2023: Online retailer Overstock.com Inc. strategically acquired select intellectual property assets from Bed Bath & Beyond's banner. The acquisition took place through a process overseen by the Bankruptcy Court., April 2023: In a significant move, IKEA unveiled a USD 2.2 billion investment plan for its omnichannel expansion in the United States. The Swedish furniture giant is set to revamp its store footprint, enhance its fulfillment capabilities, and introduce a tailored product range to meet the evolving needs of American households. This landmark investment marks IKEA's most substantial commitment in its four-decade-long presence in the US market.. Key drivers for this market are: The Demand for Home Decor Products is Surging as People are Inclined to Show their Creativity Through DIY Activities.. Potential restraints include: The Price Fluctuations of Raw Materials can be a Challenge for the Home Decor Industry., Lack of Skilled Labour who Design Home Decor Furniture. Notable trends are: The Market is Being Fueled by the Growth of E-Commerce Distribution.

In 2024, Wayfair was the specialist homeware retailer with the largest market share, followed by HomeGoods and Ikea. The latter had a market share of just below 14 percent. Other companies, such as Walmart and Target, also account for a large number of homeware sales, but are not included in this ranking, as they are not specialist homeware retailers.

Market Size statistics on the Home Furnishings Stores industry in United States

The US Wall Covering & Wall Decor Market report segments the industry into Product Type (Wall Panel, Tiles, Metal Wall, Wallpaper, Wall Decor), Type (Non-Removable, Removable), Application (Residential, Non-Residential [Commercial and Institutional Establishments]), and Distribution Channel (Specialty Store, Home Center/Furniture, Mass Merchandiser, E-Commerce). Get five years of historical trends and five-year forecasts.

Snapshot img

Home Furnishings Market Size 2025-2029

The home furnishings market size is forecast to increase by USD 538.8 million at a CAGR of 7.2% between 2024 and 2029.

The market is experiencing significant growth, driven primarily by the increasing interest in interior design and the rise in demand for eco-friendly home furnishings. Consumers are investing more in enhancing their living spaces, leading to increased sales in this sector. Additionally, there is a growing preference for sustainable and environmentally-friendly products, presenting a valuable opportunity for companies to cater to this trend. However, the market faces challenges, including uncertainty in the prices of raw materials. This volatility can impact the profitability of businesses in the home furnishings industry, necessitating effective supply chain management and price strategies to mitigate risks and maintain competitiveness.
Companies seeking to capitalize on market opportunities and navigate challenges effectively should focus on offering innovative, eco-friendly home furnishing solutions while managing their raw material costs and ensuring efficient supply chain operations.

What will be the Size of the Home Furnishings Market during the forecast period?

Request Free Sample

The market continues to evolve, with dynamic trends shaping various sectors. Customization, such as fire pits and minimalist furniture layouts, gains popularity, while promotions and fabric selection cater to diverse consumer preferences. Scandinavian and bohemian styles coexist with furniture rental and assembly services, ensuring flexibility for modern living. Outdoor furniture and eco-friendly options, like area rugs and sustainable materials, prioritize comfort and environmental consciousness. Furniture pricing and repair services address affordability and longevity, while design trends incorporate smart home technology and space planning. Bedroom and kitchen furniture, along with bathroom accessories, showcase quality materials and innovative design.
Furniture distributors and wholesalers adapt to these trends, providing a seamless supply chain. Furniture stripping and painting add a personal touch, while furniture retailers cater to various styles, from rustic to mid-century modern. Space planning and furniture comfort are essential considerations, with furniture trends embracing contemporary and traditional styles. Furniture financing, leasing, and subscription services offer flexible solutions for Home Renovation projects. Handmade and industrial furniture, along with furniture brands and Office Furniture, cater to unique tastes and professional environments. Furniture guarantees, delivery, and installation ensure customer satisfaction, while online shopping and catalogs provide convenience.
Furniture recycling and sourcing initiatives promote sustainability, with patio sets and Home Decor adding the final touches to living spaces.

How is this Home Furnishings Industry segmented?

The home furnishings industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Product

  Home furniture
  Home textiles
  Floor coverings


Distribution Channel

  Offline
  Online


Material

  Wood
  Fabric/Textile
  Metal
  Plastic
  Glass


End-user

  Residential
  Commercial


Decorative Accessories

  Wall Art
  Rugs and Carpets
  Lighting Fixtures


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  Middle East and Africa

    UAE


  APAC

    China
    India
    Japan
    South Korea


  South America

    Brazil


  Rest of World (ROW)

By Product Insights

The home furniture segment is estimated to witness significant growth during the forecast period.

The home furniture market is a significant sector, accounting for over half of the total market share due to its essential role in residential buildings. APAC, particularly in countries like China, India, and Japan, is experiencing rapid growth in this market. This expansion is attributed to the increasing average dual-household income and population growth. Multifunctional and ready-to-assemble (RTA) furniture are popular choices in this segment, catering to consumers' demand for space efficiency and affordability. Living room, bedroom, and kitchen furnishings are the primary categories, while bathroom furniture is gaining prominence. Consumers are increasingly valuing country and rustic styles for their bathrooms.

Design trends include minimalist and Scandinavian styles, as well as the integration of smart home technology. Furniture customization, restoration, and repair services are also on the rise. Fabric selection, color palettes, and eco-friendly materials are essential considera

In 2020, the size of online home décor market was about two billion U.S. dollars in the direct-to-consumer (D2C) sector in India. The size of D2C online home décor market is likely to increase to 5.4 billion U.S. dollars in the year 2025.

Snapshot img

Furniture And Home Furnishing Market Size 2025-2029

The furniture and home furnishing market size is forecast to increase by USD 78.5 billion at a CAGR of 2.2% between 2024 and 2029.

The Furniture and Home Furnishings market is experiencing significant growth, driven by evolving consumer demographics in emerging economies and the increasing demand for personalized furniture solutions. As global economic factors continue to shape consumer behavior, market players are focusing on innovation , construction and customization to meet the unique needs of diverse customer segments. The trend towards sustainable and eco-friendly products is also gaining momentum, presenting both opportunities and challenges for market participants. Companies seeking to capitalize on these trends must stay abreast of shifting consumer preferences and adapt their strategies accordingly.
Effective supply chain management, digital transformation, and collaboration with industry partners are essential for navigating the complex market landscape and sustaining long-term growth. Overall, the Furniture and Home Furnishings market offers significant potential for companies that can deliver high-quality, personalized solutions while remaining agile and responsive to changing market conditions.

What will be the Size of the Furniture And Home Furnishing Market during the forecast period?

Request Free Sample

The home furniture market in the US is experiencing significant growth, driven by various factors. Furniture warranty programs and assembly services cater to consumers' needs for convenience and peace of mind. Innovations in furniture materials, such as sustainable options, are resonating with eco-conscious buyers. Furniture e-commerce platforms are transforming the industry, making it more accessible to a wider audience. Furniture technology advancements, including ergonomic designs and smart home integration, are influencing purchasing behavior. Furniture brand loyalty is strong, with consumers valuing customization options and design software in their decision-making process. Furniture financing options and delivery services are also essential considerations for customers.

How is this Furniture And Home Furnishing Industry segmented?

The furniture and home furnishing industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Application

  Indoor
  Outdoor


Distribution Channel

  Offline
  Online


Material

  Wood
  Metal
  Others


Product Type

  Living room furniture
  Bedroom furniture
  Kitchen and dining furniture
  Others


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    UK


  APAC

    Australia
    China
    India
    Japan
    South Korea

By Application Insights

The indoor segment is estimated to witness significant growth during the forecast period.

Indoor furniture and home furnishings continue to hold a prominent position in the global market, driven by the increasing importance of creating comfortable and visually appealing indoor spaces. Consummers prioritize living rooms, bedrooms, and dining rooms, leading to increased sales of sofas, beds, tables, and decorative items. The shift towards remote work and home-centric lifestyles further fuels the demand for flexible and innovative furniture solutions. Interior design trends, such as minimalist and versatile furniture, add to the appeal of indoor furnishings. Mid-century modern furniture, contemporary designs, and sustainable options remain popular choices. Furniture customization, repurposing, and upcycling are also gaining traction as consumers seek unique and eco-friendly alternatives.

The integration of technology in furniture, including virtual reality and augmented reality, offers new opportunities for furniture retailers and manufacturers. Furniture automation, ergonomics, and personalization are key features that enhance the customer experience. Furniture brands are focusing on durability, functionality, and aesthetics to differentiate themselves in a competitive market. Home staging and furniture rental services cater to the growing demand for flexible and temporary living solutions. Furniture logistics and distribution companies ensure efficient delivery and installation, while customer service and loyalty programs help retain customers. Furniture financing and subscription services provide affordable options for consumers. The market for metal furniture, including living room, bedroom, office, and outdoor furniture, is expected to grow due to its durability, versatility, and modern aesthetics.

Furniture safety and sustainability are crucial considerations for both manufacturers and consumers. In summary, the global furniture and home furnishings market i