FDMC 300: Despite furniture sales dip, optimism prevails

Haworth (#7) won gold at NeoCon for its Haworth Gallerie benching and furniture system.

As a segment, the residential and contract furniture manufacturers in the FDMC 300 experienced a decrease in overall sales, with acquisitions, closures, consumer confidence, and economic uncertainties having an effect. Combined 2025 sales for the roughly 100 firms were approximately $30.4 billion ($15.9 billion residential and $14.5 billion contract) compared to $32.8 billion in 2024 and accounted for 42.7 percent of this year’s FDMC 300 sales total of $71.4 billion. 

Published annually in April, the FDMC 300 tracks North America’s largest wood products manufacturers and ranks them by sales. (See about the FDMC 300, below.)

Changes in the FDMC 300
This past year saw several changes to the list, including the addition of Archbold Furniture (#283), Lesro Industries (#173), and Palmieri Furniture (#288). Dropped from the list was JTB Furniture, which suspended operations in February 2026 after nearly 100 years in business. 

Also dropped, but positioned for a possible return, was Howard Miller. The iconic clock manufacturer abruptly closed in 2025 before announcing a relaunch in May 2026 under new West Michigan ownership.

Other changes included acquisitions, plant and product expansions, and plant closures. Of note (in chronological order):

Industry outlook
Tariffs and ongoing supply chain issues notwithstanding, there are signs of optimism in the furniture industry.

Roughly 55,000 industry professionals attended the recent NeoCon, including design professionals from 88 countries.  Held June 8-10 at The Mart in Chicago, the event featured showrooms and displays from 450 brands showcasing innovative solutions for the workplace, healthcare, hospitality, education, and public space, plus materials, technology, lighting, acoustics, and furnishings. The concurrent Fulton Market Design Days, which included showrooms by more than 80 recognized brands, also saw good attendance.

April’s High Point Market had mixed results, with the general mood upbeat despite a decline in overall traffic. Sharing his thoughts on the event, Mark Laferriere, assurance partner at Smith Leonard, which produces the monthly Furniture Insights, noted, “There continue to be some signs of hope with consumer confidence despite all the ‘noise’ and people continue to buy furniture, so perhaps the industry will finally see the now long-time, pent-up demand realized as the year moves along.” 

The American Home Furnishings Alliance also noted that the industry “is banking on mood-lifting and wellness-focused designs to persuade Americans to spend on their homes in 2026.” Trends noted at High Point include:  the democratization of customization, making it more accessible in many new collections; nurturing comfort — designs now focusing on aspects of wellness at home; and a warming color spectrum in wood tones, with textiles leaning heavily into earthy neutrals and rich spice tones.

In other industry news, the Business and Institutional Furniture Manufacturers Association announced a strategic alignment with the U.S. Green Building Council and the International WELL Building Institute to advance a more unified approach to sustainable and healthy commercial interiors. At the core of this alignment are the ANSI/BIFMA e3 Furniture Sustainability Standard and LEVEL, BIFMA’s third-party certification program for commercial furniture.

KI (#23) expanded its portfolio into outdoor furniture with the introduction of the Outspan Outdoor Collection.

Top 25 furniture manufacturers in the FDMC 300

The top 25 residential and contract furniture manufacturers listed in the FDMC 300 include:

  1. #1: Ashley Furniture Industries Inc., Arcadia, WI. Brands: Ashley Case Goods, Ashley Upholstery, Millennium (Ashley Furniture Industries, LLC; Ashley Distribution Services, Ltd.; Ashley HomeStores, Ltd.; Ashley Global Retail, LLC). *2025 sales: $6.85 billion (excludes retail)
  2. #2:  MillerKnoll, Zeeland, MI. Divisions: Herman Miller and Knoll, plus: Colebrook Bosson Saunders, DatesWeiser, DWR, Edelman, FilzFelt, Geiger, HAY, Holly Hunt, KnollTextiles, Maharam, Muuto, Naughtone, Spinneybeck. 2025 sales: $3.67 billion (FY)
  3. #6: Haworth Inc., Holland, MI. Divisions: Haworth, BuzziSpace, Cappellini, Cassina, Hushoffice, JANUS et Cie, Poltrona Frau, Tuohy. *2025 sales: $2.5 billion
  4. #8: HNI Corp.     Muscatine, IA. Divisions: HNI: Hon, Allsteel, Design Public Group, Danish Design, Gunlocke, HBF, HNI Global. Kimball: Workplace, Health, Hospitality; National, Etc., Interwoven, David Edward, Kimball Hospitality, D'style. Steelcase: Learning, Health; AMQ, Coalesse, Designtex, Halcon, Orangebox, Smith System, Viccarbe. *2025 sales: $2.164 billion (FY) (Workplace Furnishings segment)
  5. #14: La-Z-Boy Inc., Monroe, MI. Divisions:    La-Z-Boy Residential, Joybird, Hammary, England Furniture. *2025 sales: $1.479 billion (excludes retail) (FY)
  6. #17: Teknion Corp., Toronto, ON. *2025 sales: $869 million
  7. #21: Global Furniture Group, Downsview, ON. Divisions: Workplace | Education | Healthcare, Offices to Go. *2025 sales: $736.4 million
  8.  #23: KI, Green Bay, WI. Divisions: KI Canada, KI Europe Middle East Africa, KI Wall, Pallas Textiles, Spacesaver. *2025 sales: $650 million
  9. #24: Stickley, Manlius, NY. *2025 sales: $631.3 million
  10. #25: OFS Brands Inc., Huntingburg, IN. Divisions: OFS, Carolina, Bryan Ashley, ROOM. *2025 sales: $603.2 million
  11. #26: Sauder Woodworking, Archbold, OH. Divisions: Sauder RTA, Progressive, Sauder Mfg., Wieland, Butler Woodcrafters, Spec Furniture, Sauder Closets, Sauder Building Products. *2025 sales: $550 million
  12. #29: Artisant Lane Furniture Collective, Dallas, TX. Divisions: American Leather, BenchMade Modern, Brookline Furniture, Lee Ind., True Modern. *2025 sales: $489.9 million    
  13. #31: Flexsteel Industries Inc., Dubuque, IA. Divisions: Flexsteel, Homestyles, Charisma. *2025 sales: $441.1 million (FY)
  14. #32: Southern Motion/Fusion, Pontotoc, MS. Divisions: Southern Motion Inc., Fusion Furniture. *2025 sales: $431.6 million
  15. #33: Palliser Furniture Ltd., Winnipeg, MB. *2025 sales: $419.1 million
  16. #35: Bernhardt Furniture, Lenoir, NC. Divisions: Bernhardt Residential, Bernhardt Design, Bernhardt Hospitality. *2025 sales: $398.5 million
  17. #36: Hooker Furnishings Group, Martinsville, VA. Divisions: Hooker (Furniture, Casegoods, Upholstery), BOBO, Bradington-Young, Drew & Jonathan Home, H Contract, HF Custom, M, Prime Resources Intl., Samuel Lawrence Hospitality, Shenandoah, Sunset West. *2025 sales: $397.5 million (FY)
  18. #38: Ethan Allen Interiors Inc., Danbury, CT. Divisions: Ethan Allen Global Inc., Ethan Allen Retail Inc., Ethan Allen Operations Inc. *2025 sales: $359.1 million (excludes retail) (FY)
  19. #39: AIS (Affordable Interior Systems), Leominster, MA. *2025 sales: $350 million
  20. #43: Dorel Home/Dorel Industries, Montreal, QC. Divisions: Ameriwood Home, Cosco Home & Office, DHP, Novogratz, Mr. Kate, Bertini, Signature Sleep, Real Rooms, Baby Relax, Ntense, Little Seeds, Cosmo Living, Ren Home, Alphason. *2025 sales: $309.371 million (FY)
  21. #50: Virco Mfg. Corp., Torrance, CA. *2025 sales: $266.24 million (FY)
  22. #52: Kewaunee Scientific Corp., Statesville, NC. *2025 sales: $240.472 million (FY)
  23. #53: Rock House Designer Brands, Hickory, NC. Divisions: Century, Hickory Chair, Hancock & Moore, Highland House, Jessica Charles, Maitland Smith, Cabot Wrenn. *2025 sales: $230-$260 million
  24. #54: Woodhaven Enterprises/Woodhaven Furniture, Cairo, GA. *2025 sales: $239.1 million
  25. #56: Exemplis Corp., Cypress, CA. Divisions: SitOnIt, Timbuk2, Edloe Finch, Albany Park, X-Chair, Mavix. *2025 sales: $232.6 million

*Because many companies are privately owned, the number is considered an estimate.

About the FDMC 300
Now in its 40th year, the FDMC 300 is the woodworking industry’s oldest recognized ranking – by sales – of the largest North American manufacturers of furniture, cabinetry, architectural millwork, retail fixtures, home organization, windows/doors, components, and other wood-related products. 

Rankings for the FDMC 300 are based on the prior year’s sales information. Because many companies are privately owned, the number provided is considered an estimate unless designated by FY (Fiscal Year-Investor Relations report). Information is provided by companies or, in some cases, may be based on research or from recognized sources. 

The 2026 FDMC 300 is sponsored by (in alphabetical order): Black Bros.,  Daubert Chemical, DVUV,  IMA Schelling Group, Panel Processing Inc., Peak Toolworks, SATA , SWISS KRONO, and Vortex Tool Co. 

The annual report was published in the April issue of FDMC magazine. Updates of data for FDMC 300 firms and the various industry segments are posted throughout the year at WoodworkingNetwork.com/FDMC300. For questions or inclusion in the FDMC 300, contact Karen Koenig at [email protected]

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About the author
Karen Koenig | Editor

Karen M. Koenig has more than 35 years of experience in the woodworking industry, including visits to wood products manufacturing facilities throughout North America, Europe and Asia. As senior editor, her responsibilities include writing and editing for Woodworking Network publications FDMC Magazine and Closets & Organized Storage Magazine, as well as the website. She also oversees many of Woodworking Network's special projects and programs, including Red Book: Resource Guide for Best Practice, FDMC 300, 40 Under 40, and the Wood Industry Market Leaders. She can be reached at [email protected].