The US furniture market has seen steady growth over recent years and continues to be dominated by the top 10 furniture manufacturers in the USA in 2018. As one of the largest furniture markets in the world, the USA has a prestigious market landscape consisting of both leading domestic furniture manufacturers and renowned international furniture companies. Together, they produce and supply some of the best American made furniture for both residential and commercial demand. To help your business stays at the top of the global furniture industry, BizVibe provides the best solutions to source the products and make the best business deals with the top 10 furniture manufacturers in the USA.
According to the latest market report from IBIS World, the US furniture market eclipsed US$66 billion revenue in 2017, registering a moderate CAGR of 3.3% over the past five years. Going forward, furniture sales in the US are expected to reach US$122 billion by 2020, maintaining that 3% compound annual growth rate in the next five years. By far, the furniture market in the USA is the largest in the world — which consists of over 39,644 domestic and international businesses, covering from furniture manufacturing, furniture wholesale, furniture retailer to E-commerce furniture stores. The recovery of home-ownership and growing consumer spending has spurred the growth of sales in the US furniture market. BizVibe analyzes and ranks the top 10 furniture brands in the USA based on their market shares.
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Top 10 Furniture Manufacturers in the USA (2018)
Ashley Furniture Industries
Ashley Furniture Industries, Inc. is one of the largest home furnishings manufacturer and retailer in the world. Based in Arcadia, Wisconsin, Ashley Furniture manufactures and distributes mainly living room furniture, dining room products, and bedroom products in the USA and internationally. It also has manufacturing and distribution facilities in Wisconsin, Mississippi, Pennsylvania, North Carolina, Florida, China, and Vietnam. Ashley furniture home stores is a leader among the top 10 furniture manufacturers in the USA, but also worldwide and is renowned for their ever popular showrooms featuring stylish sofas and quality beds, among other popular pieces.
IKEA has been the world’s largest furniture retailer since late 2000s. Founded in Sweden, and now headquartered in Leiden, Netherlands, IKEA is a world leader in the global furniture market that designs and sells ready-to-assemble furniture, kitchen appliances, and home accessories. They sell their products through company-owned and online stores comprising of 1,002 home furnishing suppliers in 51 countries.
Ikea is known for two main things; firstly, store design, which includes their ever-popular layout that naturally guides shoppers “the natural way” through the showroom. The store design experience also includes restaurants and food markets, and a kids play area called Småland (Swedish for small lands). Some stores in the past have also tested with alternative designs, but the traditional setting stands the test of time. Ikea is also known for its products and services, which includes furniture that is designed to be assembled by the consumer — adding to the unique experience the brands sells to its customers. The products are also known for their memorable products names that are usually of Scandinavian origin.
In 2018, as Ikea continues to be a leader among the top 10 furniture manufacturers in the USA, we are seeing the company continue dominating based on what they already do well but shifting their focus on expansion to trends like smart homes, technology, and acquiring many companies that fit the brand.
Williams-Sonoma, Inc., is a leading American consumer products retailer that sells mainly kitchenware and home furniture. Headquartered in San Francisco, California, United States, Williams-Sonoma is a multi-channel specialty retailer with its retail stores located in the US, Puerto Rico, Canada, Australia, and the UK. The Company franchises its brands to third parties in some emerging countries in the Middle East, the Philippines and Mexico. Williams-Sonoma is one of the most well recognized top furniture brands in the world.
Berkshire Hathaway Furniture
The Berkshire Hathaway Furniture Division consists of 4 different holdings: Nebraska Furniture Mart, R.C. Willey, Star Furniture, and Jordan’s Furniture. The first two quality furniture brands under the Berkshire Hathaway specializes in colored wood furniture that you can buy in multiple States, spanning Nebraska, Missouri, Iowa, Utah, Nevada, Idaho, and Calfornia. Star Furniture, operates in multiple cities in Texas and Jordan’s Furniture operates successful stores in Massachusetts, Rhode Island, and New Hampshire.
Berkshire Hathaway Furniture runs well-known companies that are a staple for American culture among this list of American made furniture brands.
Steelcase is a United States-based furniture company founded in 1912 in Grand Rapids, Michigan. It is one of the oldest and largest furniture companies in the USA, specializing in designing, producing and distribution of integrated portfolios of furniture settings, interior architectural products, and user-centered technologies. The company produces office furniture, architectural and technology products for office environments and the education, healthcare and retail industries. It is the largest office furniture manufacturer in the world. Steelcase currently employs over 11000 people across the world.
Rooms To Go
Rooms To Go is one of the largest American furniture store chains. Based in Seffner, Florida the company operates 226 stores across the USA. The company’s product portfolio serves multiple applications with a wide range of collections as a retailer of home furnishings and offers living room sets, sofas, sleepers, leather-bound living room sets, loveseats, chairs, recliners, chaises, table sets, ottomans, and home entertainment products. Rooms To Go has a promising future among this list of the top 10 furniture manufacturers in the USA.
TJX is headquartered in Massachusetts, US. The company operates as an off-price apparel and home fashion retailer across North America and the world. The company’s global presence includes 3,800+ stores spanning nine countries on three continents. TJX specializes in a wide range of product portfolio including clothing, footwear, bedding furniture, gourmet food, jewelry, beauty products and housewares. TJX is expected to continue dominating annual lists of top 10 furniture manufacturers in the USA.
Based out of Columbus, Ohio, American Signature, Inc. is the parent company of retail American brands American Furniture Signature and Value City Furniture. This is a privately-owned company that operates in 18 US states and is one of the most recognized company’s among the top 10 furniture brands in the world.
Headquartered in Iowa, US. HNI Corporation is the world’s second-largest office furniture manufacturer and one of the largest furniture companies in the USA in terms of office furniture sales. It’s a leading provider of office furniture, workspace accessories and hearth products designed, manufactured, and marketed mostly in the US. HNI is a parent brand for many of its subsidiaries including, HTI Hungary LLC, Holga Inc, The HON Company, HNI International Inc, HNI Asia LLC, HFM Partners and HNI Services LLC.
Herman Miller is one of the top office furniture manufacturers and suppliers in the USA. It is mainly engaged in the R&D, manufacture, and distribution of diverse office furniture systems, seating products, textiles, and associated services in the US and worldwide. The company sells its modern design furnishings and accessories through third-party retail distributors.
The Future for the Largest Furniture Brands in the USA
The top 10 furniture manufacturers in the USA in this list, all have a promising future, not only in the tried and true products and services they are known for but to further push the envelope for the core user experience that keeps top brands like Ikea at the top. Technology will be a vital trend going forward with the shift towards smart homes and the performances aided by top online stores like Amazon and Wayfair to move products. We are also seeing a more attention and appeal for high-end furniture brands. With the market thriving, who do you think will join this list in 2019 furniture manufacturers in the USA list? Let us know in the comments section below.
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