U.S. Furniture Market to Hit $250.9 Billion by 2033
New York, Thursday, 9 October 2025.
Driven by demand for sustainable and multifunctional designs, the U.S. furniture market is expected to grow to $250.9 billion by 2033, with a 3.1% annual growth rate.
Market Dynamics and Key Drivers
The United States furniture market is projected to experience a significant increase, reaching an estimated value of USD 250.9 billion by 2033. This growth is being driven by an array of factors, most notably the rising demand for sustainable and multifunctional furniture designs. These trends are reshaping consumer preferences and, consequently, the strategies employed by industry players. The market, which was valued at USD 189.8 billion in 2024, is expected to grow at a compound annual growth rate (CAGR) of 3.1% from 2025 to 2033 [1].
Impact of Tariffs and Trade Policies
The implementation of new tariffs, such as a 25% import tax on cabinets, vanities, and upholstered furniture, set to take effect on October 14, 2025, could further influence the U.S. furniture market dynamics. While these tariffs aim to boost domestic manufacturing, they also pose challenges for retailers, particularly those with price-sensitive customer bases. Alex Shuford III, CEO of Rock House Designer Brands, expressed concerns about the potential long-term negative effects on retail furniture stores due to these tariffs [2].
Regional Developments and Expansion Efforts
In response to these market pressures and opportunities, companies like Havertys are expanding their infrastructure to better serve their customers. Havertys is undertaking a significant expansion of its Dallas-area distribution center, increasing its size by over 150,000 square feet. This move is part of a broader strategy to enhance service across five southern and western states, thereby strengthening its market presence amidst evolving consumer demands and economic conditions [3].
Technological Integration and Future Outlook
The integration of technology into furniture design is another significant trend influencing the U.S. furniture market. As consumers increasingly seek furniture that complements smart home devices, manufacturers are adapting their designs to meet these expectations. This trend, coupled with the rise of e-commerce, is expected to continue driving growth in the sector, offering both challenges and opportunities for companies aiming to capture a share of the projected USD 250.9 billion market by 2033 [1].