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U.S. Household Furniture (Except Wood And Metal) Market. Analysis And Forecast to 2030
Report Update: Apr 13, 2024

U.S. Household Furniture (Except Wood And Metal) Market. Analysis And Forecast to 2030

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Household Furniture Price in the United States - 2023

Contents:

  1. Household Furniture Price in the United States (CIF) - 2023
  2. Household Furniture Price in the United States (FOB) - 2022
  3. Household Furniture Imports in the United States
  4. Household Furniture Exports in the United States

Household Furniture Price in the United States (CIF) - 2023

The average household furniture import price stood at $22.5 per unit in August 2023, jumping by 19% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The import price peaked at $25.0 per unit in September 2022; however, from October 2022 to August 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($30.8 per unit), while the price for Israel ($3.5 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Household Furniture Price in the United States (FOB) - 2022

In 2022, the average household furniture export price amounted to $84 per unit, declining by -27.9% against the previous year. In general, the export price recorded a sharp setback. The growth pace was the most rapid in 2015 an increase of 22% against the previous year. The export price peaked at $3,536 per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($932 per unit), while the average price for exports to Poland ($0.9 per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (+3.0%), while the prices for the other major destinations experienced a decline.

Household Furniture Imports in the United States

In 2022, the amount of household furniture (except wood and metal) imported into the United States totaled 125M units, approximately mirroring the previous year. In general, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 532%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, household furniture imports rose significantly to $2.7B in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +13.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +45.0% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 29%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Household Furniture in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,3781,3641,6851,8309.9%
Vietnam13715121924621.5%
Canada61.370.290.893.815.2%
Malaysia45.087.998.190.126.0%
Italy51.342.463.972.312.1%
Taiwan (Chinese)17.826.037.726.914.8%
Others17518228434525.4%
Total1,8651,9252,4782,70413.2%

Top Suppliers of Household Furniture to the United States in 2022:

  1. China (84.0M units)
  2. Vietnam (12.8M units)
  3. Canada (5.4M units)
  4. Taiwan (Chinese) (3.8M units)
  5. Italy (2.6M units)
  6. Malaysia (2.1M units)

Household Furniture Exports in the United States

In 2022, exports of household furniture (except wood and metal) from the United States soared to 2.2M units, picking up by 43% on the year before. Over the period under review, exports recorded a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 2,370%. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, household furniture exports expanded modestly to $183M in 2022. The total export value increased at an average annual rate of +2.8% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 14%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.

Export of Household Furniture in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada54.565.785.471.89.6%
Mexico4.83.84.58.018.6%
Venezuela4.31.94.06.414.2%
Bahamas5.37.15.25.1-1.3%
Costa Rica2.11.52.15.033.5%
Honduras0.80.81.42.648.1%
Cameroon0.51.61.31.956.0%
Panama2.21.42.21.9-4.8%
China3.82.21.30.9-38.1%
El Salvador0.50.20.50.817.0%
Nicaragua0.30.30.20.2-12.6%
Vietnam0.20.1N/A0.20.0%
Poland0.10.10.30.10.0%
Others89.569.169.078.3-4.4%
Total1691561771832.7%

Top Export Markets for Household Furniture from the United States in 2022:

  1. Honduras (477.3K units)
  2. Mexico (389.0K units)
  3. Costa Rica (259.4K units)
  4. El Salvador (97.7K units)
  5. Canada (77.0K units)
  6. China (73.4K units)
  7. Poland (63.7K units)
  8. Panama (62.9K units)
  9. Venezuela (62.3K units)
  10. Nicaragua (48.9K units)
  11. Bahamas (38.6K units)
  12. Vietnam (38.5K units)
  13. Cameroon (34.1K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the household furniture market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • NAICS 337125 - Household furniture (except wood and metal) manufacturing

Companies mentioned:

  • Sauder Woodworking Co.
  • Suncast Corporation
  • Lifetime Products
  • Grosfillex
  • Vinotemp International Corporation
  • The Thomas Monahan Company
  • Fremarc Industries
  • Pi, Stein World
  • Acrylic Distribution Corporation
  • Crown Column & Millwork Company
  • Conquest Financial Management Corp.
  • D & R Fabrication
  • One Up Innovations
  • California Furniture Collections
  • Ace Bayou Corp.
  • Sunterrace Casual Furniture
  • American Furniture Manufacturing
  • Yogibo, Creative Leather Furniture
  • Wadley Holdings
  • Triwood Decorative Solutions
  • Flanders Industries
  • Standard Container Company of Edgar
  • Delta Composites
  • GLS Assoc, Liberator
  • Daniel's Amish Collection
  • Paxton Sales
  • Nicholas Michael Designs
  • Pacific Furniture Industries
  • Komfy Kings

Country coverage:

  • United States

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the U.S.
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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