Deep DiveMillennials and Furniture in the US and the UK – Ten Characteristics That Define the Market Coresight Research February 13, 2017 Executive Summary Since millennials range in age from 16 to 36, they constitute a consumer segment that is of growing value in most markets. These consumers are entering their peak spending years and are establishing family homes. Currently, millennials in the US and the UK spend less on furniture than older generations, largely because they have lower incomes and household formation levels, as well as a propensity to live in smaller urban dwellings. Millennials mainly prioritize furniture items that make their lives easier and more enjoyable, and only make useful purchases that represent good value. Millennials are attracted by furniture products with embedded technology as well as customized products that are unique. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Financial Pessimism Deepens Amid Post-Shutdown Adjustment: US Consumer Survey InsightsFinancial Confidence Improves: Weekly US Consumer Sentiment, Week 25, 2025—InfographicEconomic and Financial Sentiment Stabilizes: Weekly US Consumer Sentiment, Week 14, 2025—InfographicAnalyst Corner: Chinese Consumers Still Embrace International Brands—If Those Brands Deliver: Three Key Findings from a New Study, with John Harmon
