Key Highlights
- Approximately 60% of people worldwide own a couch or sofa
- The average lifespan of a household couch is about 7-15 years
- 85% of Americans report using their couch at least once a day
- The global sofa market was valued at $30 billion in 2021 and is expected to grow at a CAGR of 4.2% through 2028
- Approximately 40% of households in the U.S. have a sectional couch in their living room
- The most popular couch color in North America is gray, accounting for about 35% of sales
- Couches account for up to 20% of the total furniture sales in many retail outlets
- The average cost of a new couch in the U.S. is approximately $900
- In 2022, eco-friendly and sustainable couches represented about 15% of the furniture market
- The most common material used for couches is fabric, used in about 70% of new couches sold
- Leather couches are typically more expensive, with an average price of $1500, compared to fabric couches at $700
- About 25% of Americans have replaced their couch in the past 5 years
- The average amount of time spent sitting on a couch per day is approximately 3 hours
Did you know that while over 60% of people worldwide own a couch and spend about three hours daily lounging on it, this essential piece of furniture not only shapes our living spaces but is also valued at a booming $30 billion market that’s expected to grow steadily through 2028?
Consumer Behavior and Ownership Trends
- Approximately 60% of people worldwide own a couch or sofa
- The average lifespan of a household couch is about 7-15 years
- 85% of Americans report using their couch at least once a day
- Approximately 40% of households in the U.S. have a sectional couch in their living room
- Couches account for up to 20% of the total furniture sales in many retail outlets
- About 25% of Americans have replaced their couch in the past 5 years
- The average amount of time spent sitting on a couch per day is approximately 3 hours
- Around 55% of households in the UK own a traditional three-seater sofa
- The average cleaning cycle for a couch with a fabric surface is recommended every 6-12 months
- About 30% of couch owners in the U.S. prefer buying secondhand furniture
Consumer Behavior and Ownership Trends Interpretation
Design Preferences and Usage Patterns
- The most popular couch color in North America is gray, accounting for about 35% of sales
- Couches occupy up to 8% of total interior space in modern apartment designs
Design Preferences and Usage Patterns Interpretation
Market Size and Economic Value
- The global sofa market was valued at $30 billion in 2021 and is expected to grow at a CAGR of 4.2% through 2028
- The average cost of a new couch in the U.S. is approximately $900
- The global lounge furniture market, including couches, plus sofas, is projected to reach $50 billion by 2025
Market Size and Economic Value Interpretation
Product Materials and Cost Factors
- The most common material used for couches is fabric, used in about 70% of new couches sold
- Leather couches are typically more expensive, with an average price of $1500, compared to fabric couches at $700
Product Materials and Cost Factors Interpretation
Sustainability and Eco-Friendly Initiatives
- In 2022, eco-friendly and sustainable couches represented about 15% of the furniture market
Sustainability and Eco-Friendly Initiatives Interpretation
Sources & References
- Reference 1STATISTAResearch Publication(2024)Visit source
- Reference 2APARTMENTTHERAPYResearch Publication(2024)Visit source
- Reference 3NIELSENResearch Publication(2024)Visit source
- Reference 4REPORTLINKERResearch Publication(2024)Visit source
- Reference 5HOMEFURNISHINGSREVIEWResearch Publication(2024)Visit source
- Reference 6FURNITUREWORLDResearch Publication(2024)Visit source
- Reference 7HOMEADVISORResearch Publication(2024)Visit source
- Reference 8GREENFURNITUREMARKETResearch Publication(2024)Visit source
- Reference 9FURNITURESOURCINGResearch Publication(2024)Visit source
- Reference 10LEATHERFURNITUREResearch Publication(2024)Visit source
- Reference 11HEALTHLINEResearch Publication(2024)Visit source
- Reference 12GRANDVIEWRESEARCHResearch Publication(2024)Visit source
- Reference 13THESPRUCEResearch Publication(2024)Visit source
- Reference 14ARCHITECTURALDIGESTResearch Publication(2024)Visit source