Household Furniture Manufacturing comprise firms engaged in producing household furniture made of materials such as plastics, reed, rattan, wicker, and fiberglass. These products may be assembled or unassembled and manufactured on a custom or stock basis. The various types of household and kitchen furniture include kitchen cabinets, sofas, chairs, free standing cabinets and other products. Iron, steel and plastic materials are used to produce household and kitchen furniture.
The global household furniture market was valued at $208.9 billion in 2017. Asia Pacific was the largest geographic region accounting for $88.8 billion or 42.5% of the global market. And China was the largest country accounting for $51.9 billion or 24.8% of the global household furniture market.
Faux Finished furnishings are the latest trend in the household furniture market. Faux furniture refers to the decorative paint finishes that replicate the appearance of materials such as wood, marble or stone. These are low-priced, can be used very easily at home and provide with quick home improvements. The top companies in this market are Kartell, Herman Miller, Fritz Hansen, Knoll and Carl Hansen & Son.
Companies Covered: Ashley Furniture Industries, IKEA, Herman Miller, TJX, Steelcase
Market Segments Included: Upholstered Household Furniture; Metal Household Furniture; Nonupholstered Wood Household Furniture
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