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U.S. Upholstered Household Furniture Market. Analysis And Forecast to 2030
Report Update: Nov 1, 2024

U.S. Upholstered Household Furniture Market. Analysis And Forecast to 2030

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May 18, 2023

U.S. Upholstered Household Furniture Import Falls 2%, Averaging $393M in March 2023

U.S. Upholstered Household Furniture Imports

In March 2023, supplies from abroad of upholstered household furniture decreased by -5% to 80K tons, falling for the second month in a row after two months of growth. Over the period under review, imports recorded a noticeable reduction. The pace of growth appeared the most rapid in October 2022 when imports increased by 19% m-o-m.

In value terms, upholstered household furniture imports fell slightly to $393M (IndexBox estimates) in March 2023. In general, imports saw a abrupt curtailment. The growth pace was the most rapid in October 2022 when imports increased by 9% m-o-m.

COUNTRYImport Value of Upholstered Household Furniture in U.S. (million USD)
Mar 2022Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023
Vietnam292292307236184179167184171167187159139
China247243252236227187151160151159158119101
Mexico67.560.062.458.858.360.753.559.453.849.049.249.154.5
Italy24.229.730.025.728.427.818.519.422.521.820.012.622.1
Cambodia20.826.726.414.510.311.011.413.513.711.814.412.916.9
Malaysia17.018.618.014.513.113.913.617.711.312.312.09.711.9
Thailand15.015.916.317.511.115.611.211.47.88.412.15.15.7
France1.41.21.91.91.01.01.11.31.31.31.30.72.3
Others50.048.351.251.141.538.340.142.337.034.137.833.139.6
Total735736766657575534467509469464491401393

Imports by Country

China (36K tons), Vietnam (25K tons) and Malaysia (4.9K tons) were the main suppliers of upholstered household furniture imports to the United States, with a combined 82% share of total imports. Mexico, Cambodia, Italy, France and Thailand lagged somewhat behind, together comprising a further 12%.

From March 2022 to March 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of +5.4%), while imports for the other leaders experienced a decline.

In value terms, Vietnam ($139M), China ($101M) and Mexico ($55M) constituted the largest upholstered household furniture suppliers to the United States, with a combined 75% share of total imports. These countries were followed by Italy, Cambodia, Malaysia, Thailand and France, which together accounted for a further 15%.

Among the main suppliers, France, with a CAGR of +3.9%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In March 2023, the upholstered household furniture price stood at $4,919 per ton (CIF, US), increasing by 3.2% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in July 2022 an increase of 5.7% against the previous month. The import price peaked at $5,267 per ton in March 2022; however, from April 2022 to March 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($14,508 per ton), while the price for France ($1,711 per ton) was amongst the lowest.

From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by Cambodia (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the upholstered 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 337121 - Upholstered household furniture manufacturing

Companies mentioned:

  • La-Z-Boy Incorporated
  • Flexsteel Industries
  • The Mitchell Gold Co
  • Lexington Furniture Industries
  • LFI Wind Down, Rowe Furniture
  • Klaussner Furniture Industries
  • United Furniture Industries
  • Jonathan Louis International
  • Albany Industries
  • Sherrill Furniture Company
  • Brown Jordan International
  • Best Chairs Incorporated
  • H.M. Richards
  • Southern Motion
  • Corinthian
  • Hughes Furniture Industries
  • Jackson Furniture Industries
  • Hancock & Moore
  • Fairfield Chair Company
  • Franklin Corporation
  • Bauhaus Furniture Group
  • Rowe Furniture Corporation
  • Rowe Fine Furniture
  • Century Furniture
  • McCreary Modern
  • Cleveland Chair Company
  • England
  • Klaussner Corporation
  • Samson Investment Holding
  • Lzb Manufacturing
  • Trp Acquisition

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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