U.S. household expenditure on furniture 2007-2022
U.S. Furniture Market
Furniture and furnishings make up a central part of the home goods industry, which itself covers the manufacturing, distribution and retail of home furniture, household decorative accessories, home furnishings, appliances, cookware and gardening equipment. In 2022, the CPI (Consumer Price Index) for furniture and bedding sales in the U.S. amounted to nearly 136 points. The furniture and bedding market is comprised of a wide range of product categories. Sofas, loveseats, and bedding are the categories which lead the way in terms of consumer spending. Wayfair, IKEA, and Williams-Sonoma are some of the key retailers operating within the U.S. furniture market. Wayfair took the leading position in terms of sales as of 2022.