How big is the home furnishings market | Stats & Insights 2025

Q: What is the current size of the home furnishings market?

The home furnishings market was valued at USD 679 billion in 2024 and is projected to reach USD 1017 billion by 2031.

Q: What is the growth rate of the home furnishings market?

The market is expected to grow at a CAGR of 5.2% during 2025–2031.

Q: Which industries use home furnishings the most?

Residential housing, interior design, hospitality, real estate, and commercial workspace sectors.

Q: What technologies are shaping the home furnishings market?

AR, AI recommendations, smart furniture, 3D printing, and sustainable manufacturing.

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

Q: Do you also provide customisation in the market study?

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Code: MTA6271

Publication Date: Jul 2025

How big is the Home Furnishings Market?

According to 6wresearch internal database and industry insights, Global Home Furnishings Market is projected to grow at aCAGR of 5.2% from 2025-2031. The Global Home Furnishings Market was valued atUSD 679 billion in 2024 and is expected to reachUSD 1,017 billion by 2031.

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The market is expanding due to rising homeownership, interior design trends, and demand for multifunctional, stylish, and sustainable furnishings across urban areas.

Key Growth Drivers of the Home Furnishings Market

Increasing expendable income and urban housing projects
Increasing power of media on interior design and style of living
Growing preference to highly adjustable, versatile furniture
Increase in scale of online furniture and dÃ©cor outlets
Transformation to environmentally friendly materials and environmentally friendly products

Home Furnishings Market Trends

The home furnishings market is seeing demand for modular and space-saving furniture tailored to compact homes. Eco-conscious consumers prefer organic fabrics and recycled materials. E-commerce platforms are offering AR-enabled furniture previews and virtual room planning. Scandinavian, minimalistic, and boho styles are trending globally. Subscription-based furniture models and rental services are also gaining popularity. Brands are focusing on blending utility with aesthetic appeal in home furnishings.

Emerging Developments in the Home Furnishings Market

Furniture that charges wirelessly, has integrated lights and connectivity properties are under development. Stain-resistant, anti-microbial and easy-care fabrics innovations are on the increase. Businesses are also spending on AI to propose customized furniture sets. 3D printing houses customizable furniture. Buyer experience is being redefined by Omni-channel retail and direct-to-consumer (DTC) brands. The circular economic models encouraging the sale of furniture, refurbishing and recycling are also expanding.