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With a history dating back to 1945, Ashley Furniture Industries, LLC has grown to become the world’s largest manufacturer of home furnishings. This family-owned company had just 35 employees and a 35,000 square foot facility in 1970. Now, we employ approximately 1,000 valued teammates across the United States and boast more than 30 million square feet (or 690 acres) of manufacturing and distribution facility space globally. AFI is committed to delivering the world’s best home furnishing values, selection, and service. We believe in earning the loyalty and trust of our customers each and every day.
Ashley Furniture Industries collaborates with business owners from all over the world to maximize profits and minimize expenses. Our global reach and exceptional team have made us the #1 furniture selling brand in the USA for over 17 consecutive years and the largest furniture manufacturer in the world. These achievements are made possible by partners like you.
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The global furniture market reached US$ 655.6 Billion in 2022. The market is primarily driven by the rising construction of residential and commercial buildings due to the rising population and rapid urbanization. In addition, the escalating demand for lightweight, versatile, and portable furniture with maximum storage facilities represents another major growth-inducing factor. Besides this, with the growing prevalence of postural dysfunction, individuals are widely adopting ergonomically designed furniture to prevent health and posture problems. This, coupled with the availability of innovative products through online shopping platforms, is propelling the market growth.
As per the analysis by IMARC Group, the top furniture companies are introducing luxurious and premium product variants to attract new consumers. They are also adopting unique promotional campaigns to strengthen their market foothold. For instance, Inter IKEA Systems B.V. offer discounts and coupons on various furniture items to accelerate their sales from retail stores. The company also launched its regular Black Friday Sale campaign to boost the sales. Besides this, the leading market players are developing gaming furniture that is ergonomically designed for optimal performance and comfort with expressive color palette options, inviting gamers to play in style. Looking forward, IMARC Group expects the market to reach US$ 685.62 Billion by 2028, exhibiting a CAGR of 0.74% during 2023-2028.
Learn about opportunities, challenges, and trends in the global furniture with IMARC’s market research report. Try a free sample today!
The global furniture market has several major players, including Durham Furniture Inc., Haworth Inc. (Haworth International Ltd.), Heritage Home Group LLC, HNI Corporation, Inter IKEA Systems B.V. (Interogo Foundation), Kimball International Inc., Kohler Co., Masco Corporation, Okamura Corporation, Steelcase Inc. and Stickley Furniture Inc. More information about these companies has been provided below.
Establishment:
1899
Headquarters:
Ontario, Canada
Website:
https://www.durhamfurniture.com/
Durham Furniture Inc. is a furniture manufacturer that specializes in crafting high-quality solid wood furniture, including bedroom, dining room, and occasional pieces. It manufactures beds, dressers, nightstands, chests, armoires, mirrors, tables, chairs, buffets, hutches, sofas, loveseats, chairs, coffee tables, end tables, accent tables, and bookcases. It uses sustainable practices and locally sourced materials in its manufacturing process. Durham Furniture products are sold through a network of authorized dealers throughout North America.
Establishment:
1948
Headquarters:
Michigan, the United States
Website:
https://www.haworth.com/
Haworth Inc. is a global leader in the design and manufacturing of commercial office furniture and workspace solutions. Its product portfolio includes a wide range of office furniture and workspace solutions, such as ergonomic chairs, desks, storage solutions, modular walls, and architectural products. They offer a variety of collections designed to suit different needs and styles, from modern and minimalist to traditional and classic. Presently, the company operates in over 120 countries and has more than 20 manufacturing facilities worldwide.
Establishment:
1947
Headquarters:
Iowa, the United States
Website:
https://www.hnicorp.com/
HNI Corporation is a publicly traded company that designs, manufactures, and markets office furniture and hearth products. The company offers a wide range of office furniture solutions, including desks, chairs, storage systems, cubicles, and workstations. They cater to businesses of all sizes and industries, from small startups to large corporations. In addition to office furniture, HNI Corporation's hearth division designs, manufactures, and markets gas, wood, and electric fireplaces, stoves, and inserts under several brands, including Heatilator, Heat & Glo, and Quadra-Fire.
Establishment:
1943
Headquarters:
Delft, Netherlands
Website:
https://www.inter.ikea.com/
Inter IKEA Systems B.V. is responsible for the worldwide franchising of the IKEA retail concept, trademark, and intellectual property. It is not involved in the production, distribution, or sale of IKEA products. Instead, the company's role is to provide guidance and support to the IKEA franchisees worldwide, who are responsible for operating individual IKEA stores and implementing the IKEA retail concept. The IKEA retail concept is based on the idea of offering a wide range of well-designed, functional, and affordable home furnishing products that are easy to assemble and transport. The company operates over 400 IKEA stores in more than 50 countries worldwide and is known for its unique shopping experience, which includes showroom displays, self-service, and a wide variety of products.
Establishment:
1950
Headquarters:
Indiana, the United States
Website:
https://www.kimballinternational.com/
Kimball International Inc. is a publicly-traded company that designs, manufactures, and sells furniture for work and living spaces. It manufactures a wide range of furniture items for different areas of the home and office, including desks, chairs, tables, storage solutions, and modular furniture. They offer both traditional and modern styles, with a focus on quality craftsmanship, functionality, and design. In addition to furniture, Kimball International offers various services, such as space planning, project management, and installation, to help customers create custom and functional spaces for their needs.
Establishment:
1873
Headquarters:
Wisconsin, the United States
Website:
https://www.kohlercompany.com
Kohler Co. is a manufacturing company that specializes in kitchen and bath products, as well as power systems and furniture. Its product portfolio includes a wide range of kitchen and bath products, such as sinks, faucets, toilets, showers, bathtubs, vanities, and furniture and cabinetry. In addition to its kitchen and bath products, Kohler Co. produces power systems, including generators and engines, for residential, commercial, and industrial applications. The company is a leader in this field, and its products are known for their reliability and durability.
Establishment:
1929
Headquarters:
Michigan, the United States
Website:
https://masco.com/
Masco Corporation is a publicly-traded company that designs, manufactures, and distributes home improvement and building products. It offers a wide range of products, such as faucets, cabinets, paints, windows, doors, and other building materials. Some of the well-known brands under the Masco Corporation include Delta Faucet, Behr Paints, and Milgard Windows. Presently, Masco Corporation's products are sold in North America and internationally through various channels, including home improvement retailers, wholesalers, and online.
Establishment:
1945
Headquarters:
Yokohama, Japan
Website:
http://www.okamura.com/
Okamura Corporation is a company that specializes in the design, manufacture, and sale of office furniture and equipment, including chairs, desks, cabinets, and partition systems. The company is known for its high-quality products, innovative designs, and ergonomic features that enhance comfort, productivity, and well-being in the workplace. Presently, Okamura Corporation has a strong presence in Japan and Asia, with subsidiaries and affiliates in various countries, including the United States, Europe, and Asia. The company has received numerous awards and recognition for its products, designs, and corporate social responsibility efforts.
Establishment:
1912
Headquarters:
Michigan, the United States
Website:
https://www.steelcase.com/
Steelcase Inc. is a global company that provides a wide range of workplace solutions, including office furniture, technology tools, and interior architecture services. It is a leading player in the office furniture industry, with a focus on creating innovative, functional, and sustainable products. The company's product offerings include a wide range of chairs, desks, storage solutions, and lighting products designed for use in commercial and residential settings. Currently, Steelcase has a global presence, with operations in over 80 countries and a network of dealers and partners around the world.
Establishment:
1900
Headquarters:
New York, the United States
Website:
https://www.stickley.com/
Stickley Furniture Inc. is a furniture company which is known for its high-quality furniture products, particularly its Arts and Crafts style furniture. It offers a wide range of furniture products, including sofas, chairs, tables, beds, and storage solutions. The company has a network of dealers and showrooms across the United States and also sells its products online. In addition to its furniture offerings, Stickley Furniture also operates a museum and historical site in Fayetteville, New York, where visitors can learn about the history of the Arts and Crafts movement and the company's role in its development.
About Author:
Shree Basu
Senior Content Writer at IMARC Services Private Limited
Shree Basu is an experienced content writer with a passion for researching about diverse markets, ranging from technology to chemistry to agriculture. She has around two years of experience in different aspects of market research and has worked with multiple startups and enterprises in the B2B, B2C, and retail industries. In her free time, Shree enjoys reading, feeding stray animals, and watching crime documentaries.
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