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Report U.S. Upholstered Household Furniture Market. Analysis and Forecast to 2030 for 499$
Report Update Nov 1, 2024

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

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U.S.: Upholstered Household Furniture Market 2024

Upholstered Household Furniture Market Size in the U.S.

In 2022, the U.S. upholstered household furniture market decreased by X% to $X for the first time since 2012, thus ending a nine-year rising trend. In general, consumption, however, posted a strong expansion. As a result, consumption attained the peak level of $X, and then shrank in the following year.

Upholstered Household Furniture Exports

Exports from the U.S.

In 2022, the amount of upholstered household furniture exported from the United States expanded to X tons, with an increase of X% on the previous year's figure. In general, exports posted resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, upholstered household furniture exports skyrocketed to $X in 2022. The total export value increased at an average annual rate of X% from 2013 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

Canada (X tons) was the main destination for upholstered household furniture exports from the United States, accounting for a X% share of total exports. Moreover, upholstered household furniture exports to Canada exceeded the volume sent to the second major destination, Mexico (X tons), more than tenfold.

From 2020 to 2022, the average annual rate of growth in terms of volume to Canada amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (X% per year) and Saudi Arabia (X% per year).

In value terms, Canada ($X) remains the key foreign market for upholstered household furniture exports from the United States, comprising X% of total exports. The second position in the ranking was taken by Mexico ($X), with a X% share of total exports.

From 2020 to 2022, the average annual growth rate of value to Canada stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (X% per year) and Saudi Arabia (X% per year).

Export Prices by Country

The average upholstered household furniture export price stood at $X per ton in 2022, rising by X% against the previous year. Over the period from 2020 to 2022, it increased at an average annual rate of X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to Mexico ($X per ton) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Upholstered Household Furniture Imports

Imports into the U.S.

In 2022, after nine years of growth, there was significant decline in purchases abroad of upholstered household furniture, when their volume decreased by X% to X tons. Over the period under review, imports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports reached the peak of X tons, and then contracted remarkably in the following year.

In value terms, upholstered household furniture imports contracted to $X in 2022. In general, imports, however, posted a remarkable increase. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, imports attained the peak of $X, and then declined in the following year.

Imports by Country

China (X tons), Vietnam (X tons) and Malaysia (X tons) were the main suppliers of upholstered household furniture imports to the United States, with a combined X% share of total imports. Mexico, Thailand, Italy and Cambodia lagged somewhat behind, together accounting for a further X%.

From 2020 to 2022, the biggest increases were recorded for Cambodia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest upholstered household furniture suppliers to the United States were Vietnam ($X), China ($X) and Mexico ($X), with a combined X% share of total imports.

In terms of the main suppliers, Mexico, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average upholstered household furniture import price amounted to $X per ton, rising by X% against the previous year. Over the period from 2020 to 2022, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Mexico ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

In value terms, Vietnam, China and Mexico were the largest upholstered household furniture suppliers to the United States, with a combined 85% share of total imports. Cambodia and Malaysia lagged somewhat behind, together accounting for a further 4.4%.
In value terms, Canada remains the key foreign market for upholstered household furniture exports from the United States, comprising 80% of total exports. The second position in the ranking was occupied by Mexico, with a 4.1% share of total exports.
The average upholstered household furniture export price stood at $4,934 per ton in 2021, surging by 5.6% against the previous year.
In 2021, the average upholstered household furniture import price amounted to $3,897 per ton, surging by 7.9% against the previous year.

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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