Seats & Sofas - Eastern Asia
Eastern Asia- In Eastern Asia, the revenue generated in the Seats & Sofas market is recorded at US$15.62bn in 2024.
- It is projected that this market will experience an annual growth rate of 7.86% between 2024 and 2029 (CAGR 2024-2029).
- When compared globally, United States leads in terms of revenue generation, with a total of US$46bn in 2024.
- To put it into perspective, in 2024, the per capita revenue in Eastern Asia is estimated to be US$9.56.
- This indicates the average revenue generated per person within the region.
- In Eastern Asia, Japan's market for Seats & Sofas is booming due to the cultural emphasis on minimalistic and functional designs.
- Key regions:
- Canada,
- Brazil,
- United States,
- Worldwide,
- France
Definition:
This segment is centered on different assortments of seating, on which people can sit and relax on in the living room. This segment includes sofas, sectionals, loveseats, chaises, ottomans, armchairs, dining chairs, bar stools, benches, and seats that convert into a bed (e.g., pull-out beds, sleeper sofas, etc.). However, it does not include office chairs (e.g., swivel seats with variable height adjustments), garden seats, or camping equipment.
Additional Information:
The Seat & Sofas subsubsegment consists of revenue and average revenue per capita data. Per capita figures consider the whole population. This subsubsegment 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.
In-Scope
- Sofas, dining chairs, and armchairs
- Bar chairs, stools, and benches
- Sectionals, couches, and loveseats
- Pull-out beds
Out-Of-Scope
- Swivel seats
- Garden seats
- Camping equipment
