Furniture Manufacturers

The 13,300 furniture manufacturers in the US produce furniture and related articles using a variety of materials and production processes. Product categories include household and institutional furniture (upholstered and non-upholstered), kitchen cabinets, countertops, and office furniture and fixtures. Furniture manufacturers may mass produce or custom-make products. Companies produce semi-custom products by modifying stock goods according to customer specifications.

Variable Raw Materials’ Cost

Fluctuations in the cost of raw materials affect profitability for furniture manufacturers.

Fashion-Driven Trends

Household furniture is fashion-oriented and demand is driven by home design trends and fads.

Jul 28, 2026 - New Tariffs Shift Furniture Manufacturing Landscape

• New US tariff actions announced in July create a mixed outlook for US furniture manufacturers. New 10% to 12.5% tariffs on imports from 60 economies, layered on top of existing Section 301 and antidumping duties, could improve the competitive position of domestic manufacturers by raising the cost of imported furniture from major sourcing countries such as China, Vietnam, and Thailand, according to Furniture Today reports. However, manufacturers that rely on imported components or finished goods could face higher input costs and more complex sourcing decisions. A separate 50% tariff on Canadian furniture, scheduled to take effect August 19, would further increase the cost of Canadian imports, potentially shifting demand toward U.S.-made products while disrupting cross-border supply chains. Together, the measures may encourage domestic production but also increase pricing pressures, supply chain complexity, and uncertainty as manufacturers evaluate sourcing strategies and prepare for possible retaliatory trade actions or policy changes.
• US retail sales rose for a ninth consecutive month in June, but furniture and home furnishings stores underperformed most retail categories, according to the CNBC/NRF Retail Monitor, powered by Affinity Solutions. Sales for the category fell 0.16% month over month on a seasonally adjusted basis, while rising 4.92% year over year, trailing overall retail sales excluding autos and gas (+0.33% month over month, +9.41% year over year) and core retail sales (+0.36% month over month, +10.08% year over year). Furniture stores posted the second-weakest year-over-year growth among the major retail categories, outperforming only building and garden supply stores. The results suggest consumers continued to spend during June's summer shopping season but favored discretionary categories such as sporting goods, electronics, and apparel over furniture and home furnishings purchases, reflecting ongoing caution toward higher-ticket home-related spending.
• Bassett’s Q1 2026 results reflect the furniture industry’s continued struggle with weak housing activity and cautious consumer demand. Revenue fell 2.2% year over year to $80.3 million, while operating income dropped 53% to $1.2 million, and EPS declined from $0.21 to $0.13. Management cited a sluggish housing market, severe winter weather, and tariff-related margin pressure as key challenges. Despite these headwinds, new customer orders remained essentially unchanged from a year earlier, while custom upholstery sales rose 6%, e-commerce orders increased 28%, and Bassett Casegoods sales grew 12.1%, highlighting pockets of resilience. The company is also investing in new stores, digital capabilities, and hospitality furnishings. Overall, Bassett’s results suggest furniture demand remains constrained by housing market weakness and cost pressures, but growth opportunities exist in customization, e-commerce, outdoor furniture, and commercial markets.
• US furniture manufacturers face potential financial relief as tariff disputes move through the courts, according to a report in Furniture Today. At least nine home-related companies, including one furniture manufacturer (Flexsteel) and suppliers across rugs and textiles, have filed complaints seeking refunds for tariffs imposed under the 1977 International Emergency Economic Powers Act. A recent ruling indicates such tariffs were unlawfully collected, with courts stating importers are due refunds. Industry executives noted tariffs had increased costs and compressed margins, prompting pricing adjustments to offset impacts. For furniture manufacturers, potential reimbursements could partially recover losses and improve profitability, though ongoing legal uncertainty continues to affect sourcing and pricing strategies. Overall, the outcome could materially influence cost structures for manufacturers reliant on global supply chains.

Industry size & Structure

The average furniture manufacturer operates out of a single location, employs about 27 workers, and generates $4.9 million annually.

• The furniture manufacturing industry consists of about 13,300 companies that employ about 315,000 workers and generate about $65 billion annually.
• Industry concentration varies - kitchen cabinet and countertop manufacturing is fragmented, while some segments of household furniture are concentrated.
• Some large companies are vertically integrated, and may produce raw materials or have retail operations.
• Large companies include Ashley Furniture, La-Z-Boy, Steelcase, and Leggett and Platt.