The U.S. bedroom furniture market is projected to reach $72.48 billion by 2030, with a compound annual growth rate (CAGR) of 6.3% from 2024 to 2030, according to a new report by ResearchAndMarkets.com.
The growth is driven by increased home improvement and renovation activities, leading homeowners to replace old furniture with modern, stylish, and functional options. With a high focus on comfort, aesthetics, and personalisation, consumers are seeking bedroom furniture that suits their individual needs and lifestyles.
Photo: Dreamstime.
Key highlights include:
- The market's robust growth driven by consumer spending, urbanisation, and e-commerce expansion.
- Beds are the dominant category, central to bedroom setups and consumer investment.
- Furniture priced between $500-$999 is popular, balancing affordability with quality.
- Online sales are expected to grow significantly due to the convenience of home shopping, broader product selection, and advancements in augmented reality (AR), which enhance the buying experience.
Source: www.woodworkingnetwork.com