U.S. Home Furniture and Bedding Market by Product Type (Sofa, Bed, Chair, Cupboard, and Others) and Sales Channel (Online and Offline),: Opportunity Analysis and Industry Forecast, 2021–2027
“Growing sales of the residential homes and spending on home improvement are the major attributes for the growth of the U.S. home furniture and bedding market during the forecast period. Increasing nuclear families and people choosing to live in closer area significantly creating demand for smart and portable furniture such as murphy sofa bed, further influence the growth of the market during the forecast period.”
Roshan Deshmukh
• The U.S. home furniture and bedding market size was valued at $138,187.52 million in 2019.
• The U.S. home furniture and bedding market size is estimated to reach $183,489.52 million by 2027.
• The U.S. home furniture and bedding market registering a CAGR of 3.07% from 2021 to 2027.
• Sofa segment held's the major share of 34.9% in 2019.
• Offline segment held's the major share of 61.8% in 2019
The bed segment accounted for $25,205.4 million in 2019, exhibiting 18.2% of the U.S. home furniture and bedding market share.
Online segment is likely to gain market share towards the end of forecast period, however offline channel will continue to dominate the global market.
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