The revenue in the 'Living Room Furniture' segment of the furniture market in the United States was forecast to continuously increase between 2024 and 2029 by in total 14 billion U.S. dollars (+19.16 percent). After the tenth consecutive increasing year, the revenue is estimated to reach 87.11 billion U.S. dollars and therefore a new peak in 2029. Notably, the revenue of the 'Living Room Furniture' segment of the furniture market was continuously increasing over the past years.
Data provided by Statista Market Insights are estimates.
Definition:
This Living Room Furniture segment refers to movable objects that are designed to be used in a living room, which is typically a central and multi-functional space in a home. It includes items that are intended to make the room more comfortable and functional, such as seating, tables, and storage unts (e.g., TV stands, console tables, etc.)
Structure:
The Living Room Furniture segment is divided into two subsegments:
The Seats & Sofas subsegment refers to furniture designed for sitting, lounging, or reclining, and typically includes items such as sofas, armchairs, recliners, and ottomans.
The Cabinets, TV Stands, & Side Tables subsegment refers to furniture items that are designed to store or hold various objects such as media equipment, drinks, books, or lamps.
Additional Information:
The Living Room Furniture segment consists of revenue and average revenue per capita data. Per capita figures consider the whole population. This segment includes only business to consumer (B2C) sales. Business to business (B2B) sales (e. g., furniture for coffee shops, offices, etc.) are excluded in the figures shown. For more information on the displayed data, click the info button on the right-hand side of each box. In terms of key players in the furniture market, IKEA is the leading furniture company, however, with the rise of eCommerce, players such as Wayfair are gaining ground.
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Statista. (November 19, 2024). Revenue of living room furniture in the United States from 2019 to 2029 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/forecasts/1452694/annual-revenue-of-living-room-furniture-in-the-us
Statista. "Revenue of living room furniture in the United States from 2019 to 2029 (in billion U.S. dollars)." Chart. November 19, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/forecasts/1452694/annual-revenue-of-living-room-furniture-in-the-us
Statista. (2024). Revenue of living room furniture in the United States from 2019 to 2029 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/forecasts/1452694/annual-revenue-of-living-room-furniture-in-the-us
Statista. "Revenue of Living Room Furniture in The United States from 2019 to 2029 (in Billion U.S. Dollars)." Statista, Statista Inc., 19 Nov 2024, https://www.statista.com/forecasts/1452694/annual-revenue-of-living-room-furniture-in-the-us
Statista, Revenue of living room furniture in the United States from 2019 to 2029 (in billion U.S. dollars) Statista, https://www.statista.com/forecasts/1452694/annual-revenue-of-living-room-furniture-in-the-us (last visited November 21, 2024)
Revenue of living room furniture in the United States from 2019 to 2029 (in billion U.S. dollars) [Graph], Statista, November 19, 2024. [Online]. Available: https://www.statista.com/forecasts/1452694/annual-revenue-of-living-room-furniture-in-the-us
