How big is the sofa market?

The global sofa market size was estimated at USD 236.39 billion in 2025 and is expected to reach USD 244.42 billion in 2026.

What is the sofa market growth?

The global sofa market is expected to grow at a compound annual growth rate (CAGR) of 4.2 % from 2025 to 2033 to reach USD 325.11 billion by 2033.

Which segment accounted for the largest sofa market share?

The sectional sofa accounted for a revenue share of 27.3% in 2024, driven by consumers increasingly prioritizing adaptable seating that can be tailored to changing room layouts and social uses, especially in multifunctional living spaces.

Who are the key players in sofa market?

Some key players operating in the global sofa market include Ikea, Godrej Enterprises Group (Godrej Interio), Wakefit, Ashley Furniture Industries, Man Wah Holdings, La-Z-Boy Incorporated, Herman Miller, Inc. (MillerKnoll, Incorporated), Ansell Ltd., Natuzzi S.p.A., and DFS Furniture PLC.

What are the factors driving the sofa market?

Key factors driving growth in the global sofa market include increasing urbanization, which boost demand for stylish and comfortable furniture. Changing lifestyles and a growing preference for home décor and customization options also fuel market expansion. The surge in online furniture retail platforms makes sofas more accessible to a wider audience.