As with many industry segments impacted by tariffs, rising supply costs and economic uncertainty, “challenging” and “new normal” describe the current residential furniture market. 

After a rise the previous month, new residential furniture orders fell 3% in August, compared to the year prior, with shipments down 6% for the same period although up 5% compared to July 2025, noted Mark Laferriere, assurance partner at Smith Leonard, in the October issue of Furniture Insights. “Most buyers (at High Point Market) also seem to understand that tariffs in some form or fashion are here to stay, and they are ready to move forward.”

Still, manufacturers’ creativity was out in full force at the show, with many showing smaller and/or traditional silhouettes, florals, plaids and other patterns, and warmer colors, among the trends.

The 2025 Wood Industry Almanac is sponsored by IMA Schelling Group.

Click on the infographic to enlarge. 

Quick Stats (Includes items not shown in print.)
• Statista projects the North American residential furniture market, estimated at $281.5 billion in 2025, to grow at a CAGR of 4.33% during the forecast period (2025-2030). 

• The third annual Furniture Safety Week will be Oct. 5-10, 2026, according to American Home Furnishings Alliance.

• Coherent Market Insights projects the global custom furniture market size, $35.45 billion USD in 2025, to reach $65.67 billion by 2032, with a CAGR of 9.2% (2025-2032). Upholstered furniture dominates the segment.

• Vantage Market Research forecasts the global upholstery furniture market, valued at $123.08 billion USD in 2025, to reach $161.11 billion by 2035 at a 2.74% CAGR.

• The 2025 U.S. Houzz & Home Study reports 41% of renovating homeowners purchased large furniture pieces in 2024, with another 39% purchasing smaller furniture.

• The Business Research Co. projects the global kids’ furniture market, $78.96 billion USD in 2025, to reach $153.61 billion by 2029 with a CAGR of 18.1%.

• IMARC forecasts the global RTA market to grow from $15.35 billion USD in 2024 to $23.24 billion by 2033, at a CAGR of 4.48%.

• The Quebec residential furniture industry accounts for approximately 45% of jobs in the sector in Canada, according to the Association of Furniture Manufacturers of Quebec.

• Furniture purchases are a hybrid experience. Consumers browse online but many want the reassurance of physical stores. HomeByMe’s Digital Furniture Index: How Americans Buy Now found 43% make more than half make their furniture purchases online. In contrast, 15% said they have never bought furniture online. Separately, 34% said they plan to shop more online, while 30% want to visit stores more often. Companies like Wayfair have taken note, and the online furniture retailer is opening physical showrooms in 2026.

Market Data Sources: U.S. Bureau of Labor Statistics, U.S. Census Bureau, Statistics Canada, Smith Leonard, Statista, Provoke Insights, Houzz, American Home Furnishings Alliance (AHFA), HomeByMe, Coherent Market Insights, Vantage Market Research, Association of Furniture Manufacturers of Quebec (AFMQ), AFAMJAL, IMARC, The Business Research Co. Category: Residential furniture includes wood & upholstered furniture, casegoods, RTA, bedroom & youth, entertainment units.

More data on North American woodworking and the specific wood product market segments can be found in the December 2025 FDMC Wood Industry Almanac. digital edition or the online almanac articles. Also, find market data year-round at WoodworkingNetwork.com/news/almanac-market-data.