2024 Furniture & Home Furnishings Stores Industry Statistics Report

Furniture & Home Furnishings Stores - Market Size and Industry Forecast

The 2024 Furniture and Home Furnishings Stores Industry Report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2019 to 2029 reflect industry trends and growth patterns. Revenues include both public and private companies in the Furniture & Home Furnishings Stores industry.

Market Size (Total Revenue)


% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government financial data.

Industry Revenue ($ Billions)

Industry Market Size
  • 2017
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022
  • 2023

Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Furniture & Home Furnishings Stores - Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Furniture & Home Furnishings Stores companies in the United States.

Furniture & Home Furnishings Stores Revenue by State

Market Size by State

Distribution by Company Size

Company SizeAll IndustriesFurniture & Home Furnishings Stores
Small Business (< 5 Employees)


Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Furniture & Home Furnishings Stores - Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:
The report includes a traditional income statement from an "average" company (both public and private companies included).

Industry AveragePercent of Sales
Total Revenue


Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit

Average Income Statement

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits



Depreciation and Amortization

Officer Compensation

Net Income

Furniture & Home Furnishings Stores - Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial RatioIndustry Average
Profitability Ratios


Profit Margin
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Furniture & Home Furnishings Stores - Product Mix

Product DescriptionDescriptionRevenue
($ Millions)
Industry total


Furniture, sleep equipment & outdoor/patio furniture
Flooring & floor coverings
Kitchenware & home furnishings
Curtains, draperies, blinds, slipcovers, bed & table coverings
All nonmerchandise receipts
Small electric appliances & personal care appliances
All other merchandise
Major household appliances
tv, video recorders, video cameras, video tapes, dvds

Furniture & Home Furnishings Stores - Compensation and Salary Surveys

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations4%


Chief Executives0%
General and Operations Managers3%
Sales and Related Occupations57%
Supervisors of Sales Workers7%
First-Line Supervisors of Sales Workers7%
First-Line Supervisors of Retail Sales Workers7%
Retail Sales Workers49%
Retail Salespersons40%
Retail Salespersons40%
Office and Administrative Support Occupations17%
Material Recording, Scheduling, Dispatching, and Distributing Workers6%
Stock Clerks and Order Fillers6%
Stock Clerks and Order Fillers6%
Construction and Extraction Occupations5%
Transportation and Material Moving Occupations10%
Motor Vehicle Operators9%
Driver/Sales Workers and Truck Drivers9%
Light Truck or Delivery Services Drivers8%
Material Moving Workers6%
Laborers and Material Movers, Hand5%
Laborers and Freight, Stock, and Material Movers, Hand5%

Government Contracts

In the past, the federal government spent an annual total of $35,404,411 on the furniture & home furnishings stores industry. It has awarded 1,775 contracts to 332 companies, with an average value of $106,640 per company.

Furniture & Home Furnishings Stores and Adjacent Industries - Top Companies

($ Millions)


Furniture & Home Furnishings Stores Industry Research
GeographyUnited States  
Publication DateJune 2024
Report FormatPDF Download  PDF

Related Market Research Reports

Furniture & Home Furnishings Stores
Furniture Stores
Home Furnishings Stores
Floor Covering Stores
Window Treatment Stores