Closets, Nightstands, and Dressers - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2025 - 2030)

The Closets, Nightstands, and Dressers Market is expected to register a CAGR of greater than 4.32% during the forecast period.

Customers are changing the way they buy things because home and living trends and ideas are changing. Fashion, lifestyle, and homestyle blogs and publications have an impact on customers.Future market growth is anticipated to be supported by the growing demand for multipurpose furniture. The rising standard of living is another factor driving the market's expansion, which is in turn causing an increase in the introduction of pricier goods.

The COVID-19 pandemic quickly ended any hopes that the furniture market would continue to grow. Many manufacturers and retailers closed factories and stores, and many employees were on furlough, not knowing what would happen to them in the short term. WFM also had a negative impact on sales of closets, nightstands, and dressers, with spare rooms often used as office space.

Closets, Nightstands, And Dressers Market Trends

Rising Online Sales of Closets, Nightstand and Dresser

Over the period an increasing share of the population prefers online shopping platforms for buying groceries or bedroom furniture, as everything is available on online shopping platforms. An increasing number of players are grabbing these opportunities and offering various branded and modern bedroom furniture via online distribution channels. Post-Covid an increasing number of manufacturers are launching their own applications and websites through which customers make orders directly from their websites. With an increasing market revenue of closets, nightstands, and drawers existing at more than USD 36 Billion last year their online revenue share increased to a value of more than 25% last year signifying a rising and diversifying market by sales through online channels

Asia Pacific Leading the Market

With its emerging economies and rising household expenditure, income level is leading to the Asia Pacific emerging as a major market for the sales of closets, nightstands, and dressers. Revenue of the closets, nightstands, and drawers market in Asia Pacific had observed a continuous increase over the years existing at a value of more than USD 9 billion and an increasing revenue share through the online channels. China and India are among the countries in the region that are expected to drive the market over the coming period with China existing as the second largest market for the sales of closets, nightstands, and dressers existing at a value of more than USD 5 Billion last year. In addition, rising sales of the bedroom furniture market in the region are emerging as a push factor for the growth of the market with increasing revenue.

Closets, Nightstands, And Dressers Industry Overview

The report covers major international players operating in the closets, nightstands, and dressers market. The market is consolidated with a few of the major players currently dominating the market with higher shares. However, with technological advancement and product innovation, mid-size to smaller companies are increasing their market presence by securing new contracts and by tapping new markets.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support