Largest Furniture Retailers in 2024

Recent data shows that the global furniture industry has been experiencing impressive growth as revenues rise year over year. In 2024, the industry is valued at an astounding $765 billion, highlighting its status as a lucrative and rapidly expanding sector. Driven by changing consumer preferences, increased interest in home renovation, and a surge in ecommerce sales, the furniture market is booming. This article takes a closer look at the industry’s top performers in 2024—the largest furniture retailers—to understand who’s currently dominating the market.

Top furniture manufacturers: highlights

As of October 2024, San Francisco-based Williams-Sonoma is the world’s largest furniture retailer, with a market cap of $18.23 billion.
Nine of the 10 biggest furniture companies are located in the United States.
The combined market value of these 10 biggest furniture companies is $45.85 billion.

Largest furniture manufacturers in the world: table

Furniture companies	Market value (as of October 2024)
1. Williams-Sonoma	$18.23 billion
2. The AZEK Company	$6.42 billion
3. Restoration Hardware	$6.10 billion
4. Harvey Norman	$4.11 billion
5. HNI Corporation	$2.50 billion
6. MasterBrand	$2.25 billion
7. MillerKnoll	$1.65 billion
8. La-Z-Boy	$1.65 billion
9. Arhaus	$1.47 billion
10. Steelcase	$1.47 billion

Top furniture companies in 2024

This article includes only publicly listed companies. Of the 10 highlighted on this list, nine are based in the United States. Here’s a breakdown.

1. Williams-Sonoma ($18.23 billion)

Established in 1956, Williams-Sonoma is the largest furniture company in the world in terms of market value. Headquartered in San Francisco, California, this American retailer is known for its broad portfolio of premium home furnishings brands, including Pottery Barn—one of its highest grossing brands—West Elm, and Rejuvenation. Its diverse product range includes kitchenware, furniture, and décor, making it a go-to choice for many households. Williams-Sonoma is also the only retailer on this list with a market value of more than $10 billion.

2. The AZEK Company ($6.42 billion)

Founded in 1983, second-placed The AZEK Company is based in Chicago, Illinois, and is a leading manufacturer of outdoor living products, including decking, railing, and furniture. This company prides itself on sustainability, using innovative materials to produce furniture and outdoor solutions that are both aesthetically pleasing and environmentally responsible. Currently valued at $6.42 billion, AZEK has become a key player in the market for outdoor furniture and accessories.

3. Restoration Hardware ($6.1 billion)

Restoration Hardware, known simply as RH, is an upscale American home furnishings company. Established in 1979 and headquartered in Corte Madera, California, RH is known for its luxury furniture and unique design aesthetic. By placing heavy emphasis on the high-quality materials it uses and exclusive products, the company has positioned itself in the luxury segment of the furniture market.

4. Harvey Norman ($4.11 billion)

Number four on this list of the world’s largest furniture retailers is Harvey Norman, an Australian-based retail giant specializing in furniture, bedding, computers, and electrical products. Founded in 1982, Harvey Norman has a significant international presence today. Not only does it boast stores across Australia and New Zealand, it also has a heavy store presence in Southeast Asian countries like Malaysia and Singapore, as well as other regions. It is also the only non-US firm to feature in this top 10 list.

5. HNI Corporation ($2.5 billion)

Completing the five biggest furniture companies in 2024 is HNI Corporation. Established in 1944 and headquartered in Muscatine, Iowa, HNI Corporation is one of the top furniture manufacturers focused on workplace furnishings and hearth products. Known for its diverse office furniture, HNI serves both commercial and residential markets. With multiple brands under its umbrella, including HON and Allsteel, HNI is a major player in creating modern, ergonomic office spaces that cater to evolving work environments.

6. MasterBrand ($2.25 billion)

The sixth biggest furniture retailer is MasterBrand, headquartered in Jasper, Indiana. The company was founded in 1926 and is now one of the largest cabinet manufacturers in North America. MasterBrand offers a wide range of home furnishings, including cabinetry that fits various styles and budgets. Given its products, it’s a prominent player in the kitchen and bath furniture category.

7. MillerKnoll ($1.65 billion)

In seventh place is MillerKnoll, which was formed in 2021 by the merger of Herman Miller and Knoll. Headquartered in Zeeland, Michigan, MillerKnoll is recognized for its innovative office furniture and iconic designs that have shaped workplace environments globally. Known for products such as the Aeron chair, MillerKnoll continues to set the standard in furniture design by blending functionality, comfort, and sustainability.

8. La-Z-Boy ($1.65 billion)

MillerKnoll is followed by Michigan-headquartered La-Z-Boy. The company produces a wide array of sofas, chairs, and other home furnishings, but is best known for its recliners. Operating through a mix of company-owned and independent retailers, it offers comfortable and stylish furniture options. La-Z-Boy’s emphasis on comfort and its reputation for high-quality craftsmanship make it a favorite among consumers.

9. Arhaus ($1.47 billion)

Arhaus, founded in 1986 and headquartered in Boston Heights, Ohio, is a high-end furniture retailer whose focus is on handcrafted home furnishings. Known for its commitment to sustainability, Arhaus uses recycled materials and responsibly sourced wood to create unique, elegant furniture.

10. Steelcase ($1.47 billion)

Rounding out the 10 largest furniture companies is Steelcase. Established in 1912 and headquartered in Grand Rapids, Michigan, the company offers an extensive range of workspace solutions, from desks and chairs to collaborative tools designed for modern office environments.