#FurnitureMarket
Global Furniture Market on Track for Strong Growth Through 2030, Driven by Urbanization, Digital Retail and Sustainable Innovation
The furniture market is estimated at USD 768.78 billion in 2025 and is projected to reach USD 953.14 billion by 2030 at a CAGR of 4.39 %, fueled by rising urbanization, online retail penetration, sustainability mandates, and demographic shifts that favor space-efficient and multifunctional furnishings.
IKEA Expands Second-Hand Furniture Offering in the U.S., Accelerating Circular Economy Ambitions
Swedish furniture giant IKEA has expanded its second-hand furniture offering in the U.S., adding around 700 product lines to its Buy Back & Resell initiative. This move amplifies the company’s commitment to sustainability and gives consumers more affordable, refurbished home furnishings options.