Living and Dining Room Market Size, Share, Growth Analysis, By Type(Sofas, and Chairs), By Material(Wood, and Metal) - Industry Forecast 2024-2031

North America has historically dominated the market due to high demand for furniture products, particularly in the U.S. Growing investments by key players such as HNI Corporation and Kimball International, Inc. to procure miniature chests and Nelson basic cabinet series have contributed to the region's market dominance. In addition, the rising popularity of Nelson miniature chest products in the U.S. is further projected to boost market growth during the forecast period. With the steady recovery trend projected in the next few years as various economies lift their separate trade restrictions, the North American market for living and dining rooms is expected to continue to perform well.

In contrast, APAC is expected to be the fastest growing regional market for living and dining rooms, particularly in countries like China and India. The growing demand for Airia desk & media cabinets in India is driving demand for living and dining room cabinets. Rising demand for TV trolleys in developing economies such as China and India is also expected to boost market growth, as consumers seek occasional furniture products at a reasonable cost. Additionally, the growing acceptance of wall units in Japan is a major factor driving the market growth in the region. The market for living and dining rooms in APAC is also benefiting from the trend towards smart furniture and the growth of internet retailers in emerging nations.