Market Outlook 13 minutes Premium

Deep Dive: US Furniture Market 2016 – Preferences and Trends

Executive Summary

These are our key takeaways on the US furniture market:

  • The US furniture market has been growing since 2009, supported by a favorable macroeconomic environment. Furniture sales are expected to continue rising because home sales are increasing and consumers have switched expenditures back to furniture.
  • The back-to-school season is the second-largest seasonal shopping period of the year and is expected to generate around $6.23 billion in furniture spending in the US this year, according to an NRF survey.
  • Furniture e-commerce is growing fast in the US. However, there is still a gap between online product research and online furniture purchase. Many consumers prefer to research online but purchase in-store.
  • Innovative products that connect furniture with smart phones or combine furniture with technology and fashion design are emerging in the US and globally.

This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.
If you wish to learn more about our subscription plans and become a paying subscriber, click here.