Vietnam’s home furniture market is projected to grow from US$429.58 million in 2025 to US$687.77 million by 2030, achieving a compound annual growth rate (CAGR) of 9.87 percent, according to a report from Mordor Intelligence→view source.
The sector is benefiting from urbanisation, rising disposable incomes, and increased demand for stylish, multifunctional furniture among Vietnam’s growing middle class.
Key details:
- Market size: US$429.58 million (2025), projected to reach US$687.77 million (2030)
- CAGR: 9.87 percent from 2025 to 2030
- Key drivers: Urbanisation, home renovation trends, e-commerce, and eco-friendly preferences
- Popular segments: Wooden and bedroom furniture, space-saving and multi-use products
- Distribution: Expanding via online platforms, flagship stores, and home centres
- Key exporters & buyers: Vietnam exports furniture to over 120 countries, including the US, UK, Canada, Japan, and Australia
See also: Vietnam Furniture Manufacturing 2025: Market, Exports & Key Players