Bedroom Furniture - Americas | Statista Market Forecast

In Americas, the revenue generated in the Bedroom Furniture market in 2024 amounts to US$52.28bn.
This market is projected to experience an annual growth rate of 3.82% (CAGR 2024-2029).
When compared globally, United States stands out as the country generating the highest revenue in this segment, with US$41bn in 2024.
Considering the total population, the per person revenue in 2024 is US$51.41.
In the Americas, the demand for eco-friendly and sustainable bedroom furniture has been steadily increasing in recent years.

Definition:

The Bedroom Furniture segment refers to those movable objects that are designed to be used in a bedroom, which is typically a space used for sleeping, dressing, and storage. It includes items such as beds, dressers, nightstands, and wardrobes, which are intended to make the room comfortable, functional, and aesthetically pleasing.

Structure:

The Bedroom Furniture segment is divided into four subsegments:

The Beds subsegment refers to furniture designed primarily for sleeping, which typically consist of a frame and mattress. This subsegment focuses on the frame and covers additional elements such as headboards, footboards, or storage drawers.
The Mattress subsegment refers to the long rectangular pad that is placed on top of a bed frame and is used to provide a comfortable sleeping surface. Mattresses come in a wide variety of sizes, from twin to king, and levels of firmness to suit individual preferences.
The Closets, Nightstands, & Dressers subsegment includes a range of storage furniture designed for bedrooms. These pieces are used to store and organize clothing, linens, and personal items, providing both functional and aesthetic value to the space.
The Bedding subsegment refers to products designed to enhance the comfort and functionality of a bed, including sheets, blankets, comforters, pillows, and mattress toppers. These products are available in a range of materials, styles, and sizes to suit individual preferences and needs.

Additional Information:

The Bedroom 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.

Beds
Mattresses
Beddings
Dressers, nightstands, and closets

Consumer electronics
Household appliances
Lamps and lighting
Floor covering

The Bedroom Furniture market in Americas is experiencing significant growth and development, driven by various factors such as changing customer preferences, emerging trends, local special circumstances, and underlying macroeconomic factors.

Customer preferences: in the Bedroom Furniture market in Americas are evolving, with consumers increasingly seeking stylish and functional furniture pieces that enhance the overall aesthetics of their bedrooms. There is a growing demand for modern and contemporary designs that offer sleek lines, minimalistic features, and innovative storage solutions. Additionally, customers are placing a greater emphasis on sustainability and eco-friendly materials, with a preference for furniture made from recycled or renewable materials. Trends in the market are also shaping the development of the Bedroom Furniture market in Americas. One notable trend is the rise of online retail and e-commerce platforms, which have made it easier for customers to browse and purchase a wide range of bedroom furniture from the comfort of their homes. This trend has led to increased competition among retailers, with companies investing in digital marketing strategies and offering competitive pricing to attract customers. Another trend in the market is the growing popularity of multifunctional furniture. With space becoming a premium in many urban areas, customers are seeking furniture that can serve multiple purposes, such as beds with built-in storage compartments or convertible sofa beds. This trend is driven by the need for practicality and efficiency in smaller living spaces.

Local special circumstances: also play a role in the development of the Bedroom Furniture market in Americas. For example, in North America, there is a high demand for larger bedroom furniture sets, as houses tend to have more spacious bedrooms compared to other regions. In contrast, in South America, where space is often limited, there is a greater demand for compact and space-saving furniture options.

Underlying macroeconomic factors: also influence the growth of the Bedroom Furniture market in Americas. Economic stability and rising disposable incomes contribute to increased consumer spending on home furnishings. Additionally, the growth of the real estate market, particularly in urban areas, drives the demand for bedroom furniture as new homeowners seek to furnish their homes. In conclusion, the Bedroom Furniture market in Americas is experiencing growth and development due to changing customer preferences, emerging trends, local special circumstances, and underlying macroeconomic factors. As customers increasingly seek stylish and functional furniture, retailers are adapting to meet these demands through online retail, multifunctional designs, and sustainable materials. The unique circumstances and economic factors in each country within the Americas further contribute to the development of the market.

Data coverage:

Data encompasses B2C enterprises. Figures are based on home furnishings and furniture found in every room of the home. This market is categorized by the room where the furniture is likely to be used and consists of the following: Living Room, Bedroom, Kitchen & Dining room, Outdoor, Home Office, and Baby & Children's Furniture. The Furniture market also includes Lamps and Lighting and Home Décor because the furnishings and accessories within these categories are not specific to any room.

Modeling approach / Market size:

Market sizes are determined by a top-down approach, based on a specific rationale for each market segment. As a basis for evaluating markets, we use national statistical offices, international institutions, in-house market research, and resources from the Statista platform. Next we use relevant key market indicators and data from country-specific associations such as consumer spending and GDP. This data helps us to estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, exponential trend smoothing is well suited for forecasting the Furniture market with a projected steady growth. The main drivers are furniture and furnishings, carpets and other floor coverings, and consumer spending per capita.

Additional Notes:

The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.

This report presents a comprehensive analysis and additional information on the Consumer market, in a PDF format.

From homeware to office furniture, even expanding over to pet care, the furniture industry is all-encompassing and ever-growing. Be it homes, schools, offices, or even outdoors, furniture is what gives a room its function and purpose.