Household Furniture and Kitchen Cabinet Market Report 2025

The household furniture and kitchen cabinet market size has grown strongly in recent years. It will grow from $399.38 billion in 2024 to $424.56 billion in 2025 at a compound annual growth rate (CAGR) of 6.3%. The growth in the historic period can be attributed to population growth and urbanization, retail expansion and marketing strategies, e-commerce growth, environmental awareness, sustainable and circular furniture practices.

The household furniture and kitchen cabinet market size is expected to see strong growth in the next few years. It will grow to $524.17 billion in 2029 at a compound annual growth rate (CAGR) of 5.4%. The growth in the forecast period can be attributed to compact and multifunctional furniture, energy-efficient home products, shift in kitchen design preferences, innovations in materials and finishes, focus on outdoor furniture. Major trends in the forecast period include smart furniture integration, customized kitchen cabinets and storage solutions, open shelving and display cabinets, collaborations with designers, bold colors in furniture, automated and smart kitchen.

The growing demand for online shopping is anticipated to drive the household furniture and kitchen cabinets market in the coming years. E-commerce, which involves buying and selling goods and services through the internet or other digital platforms, has transformed the household furniture sector by offering consumers a convenient and transparent way to research, compare, and purchase products. This shift also enables businesses to expand their reach and streamline operations. For example, in August 2023, data from the United States Census Bureau indicated that e-commerce sales in Q2 2023 increased by 7.5% compared to Q2 2022, while total retail sales grew by 0.6%. As a result, rising online shopping demand is positively impacting the household furniture and kitchen cabinets market.

The trend of home renovations is notably driving demand in the household furniture and kitchen cabinets market. Home renovations, also known as home improvement or remodeling, involve updating or expanding living spaces. These projects often include kitchen and bathroom upgrades, room additions, and interior redesigns, leading to a need for new or updated furniture and cabinets that align with the refreshed design and functional requirements. For instance, according to the Joint Center for Housing Studies (JCHS) in August 2023, spending on home improvement projects reached $472 billion in 2022 and is expected to rise to $485 billion in 2023. Consequently, the increasing trend of home renovations is spurring growth in the household furniture and kitchen cabinets market.

RTA (Ready-to-Assemble) furniture is gaining popularity among homeowners and renters worldwide, primarily due to its affordability and quick furnishing capabilities. Also known as Knock Down furniture, RTA furniture is not pre-assembled by the manufacturer but is delivered in parts with instructions for consumers to assemble. This cost-effective and convenient furniture solution has found widespread acceptance in developed countries and is increasingly gaining traction in developing economies such as China and India. Manufacturers benefit from RTA furniture by eliminating assembly time and costs, allowing them to concentrate on design and part production. Examples of RTA furniture include bedroom sets, dressers, computer desks, bookcases, and filing cabinets. Major players in the household furniture and kitchen cabinets market, such as IKEA, a prominent RTA furniture manufacturer, have expanded their presence in countries such as India to meet the growing demand for ready-to-assemble furniture.

Leading companies in the household furniture and kitchen cabinets market are increasingly focusing on innovative technologies, such as Threespine technology, to boost consumer convenience, streamline assembly processes, and promote sustainable furniture production. Threespine technology offers a breakthrough in furniture assembly and disassembly by using a mechanical click system, allowing consumers to put together and dismantle furniture easily without extra tools or fasteners. For instance, in November 2023, Välinge Innovation, a Sweden-based flooring and furniture technology firm, introduced its new Click&Go Cabinets collection featuring Threespine technology, which enables tool-free assembly by simply clicking the cabinets together without screws or adhesives. This technology not only simplifies installation but also improves the durability and functionality of the cabinets.

In March 2024, Ashley Home, a US-based furniture company, acquired Resident Home for an undisclosed amount. This acquisition aims to strengthen Ashley Home's market presence and expand its product portfolio in the furniture industry by incorporating Resident Home's innovative designs and established customer base, thus enhancing its competitive position and fostering growth in an increasingly dynamic retail market. Resident Home is a US-based provider of household furniture.

Major companies operating in the household furniture and kitchen cabinet market include IKEA, Ashley Furniture Industries, Steelcase Inc., HNI Corporation, Haworth Inc., La-Z-Boy Incorporated, Herman Miller Inc., Hooker Furniture Corporation, Knoll Inc., Kimball International, Bassett Furniture Industries Inc., Flexsteel Industries Inc., American Woodmark Corporation, MasterBrand Cabinets Inc., Wellborn Cabinet Inc., Masco Corporation, Fortune Brands Home & Security Inc., Stanley Furniture Company Inc., Sauder Woodworking Co., Ethan Allen Interiors Inc., Thomasville Furniture Industries, Crate & Barrel, RH (formerly Restoration Hardware), Williams-Sonoma Inc., Norcraft Companies L.P., Mastercraft Kitchens, Merillat Industries, Aran Cucine, Poggenpohl Möbelwerke GmbH, Starmark Cabinetry.

Asia-Pacific was the largest region in the household furniture and kitchen cabinet market in 2024. Western Europe was the second largest region in the household furniture and kitchen cabinet market. The regions covered in the household furniture and kitchen cabinet market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the household furniture and kitchen cabinet market report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.

Household furniture and kitchen cabinets refer to built-in furnishings commonly found in kitchens, used for storing food, cooking equipment, and often silverware and tableware. These also include movable and compact items like chairs, tables, sofas, and mattresses that are used to furnish a home.

These items are broadly categorized as household furniture, covering chairs, tables, sofas, mattresses, etc., and kitchen cabinets, used for storage in kitchens. They are constructed from various materials such as metal, wood, and others, and are distributed through both online and offline channels.

The household furniture and kitchen cabinet market research report is one of a series of new reports that provides household furniture and kitchen cabinet market statistics, including household furniture and kitchen cabinet industry global market size, regional shares, competitors with a household furniture and kitchen cabinet market share, detailed household furniture and kitchen cabinet market segments, market trends and opportunities, and any further data you may need to thrive in the household furniture and kitchen cabinet industry. This household furniture and kitchen cabinet market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The household furniture and kitchen cabinet market consist of sales of hotel furniture, food cabinets, and retail sales. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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