In this piece, we will take a look at the 5 Most Valuable Furniture Companies In The World. For more such companies, go to the 17 Most Valuable Furniture Companies In The World.
5. Williams-Sonoma, Inc. (NYSE:WSM)
Market Cap as of February 12, 2023: $8.25 billion
Headquartered in San Francisco, California, United States, Williams–Sonoma, Inc. (NYSE:WSM) is a retail company dealing in home furnishing and kitchenware. The company offers a diverse range of products under different brand names, such as The Williams Sonoma Home brand and The West Elm brand. Williams–Sonoma, Inc. (NYSE:WSM) also provides men‘s and women‘s accessories under the Mark and Graham brand. The company is integrating technology into its products and offers an augmented reality platform. Williams-Sonoma, Inc. (NYSE:WSM) operates over 500 stores, with the majority of them in the United States, while the remaining are located in Canada, Australia, and the United Kingdom.
4. Ashley Furniture Industries
Estimated Market Value: $9.45 billion
Annual Revenue 2021: $6.3 billion
Headquartered in Wisconsin, United States, Ashley Furniture Industries is a home furnishing retailer. The company designs and manufactures residential furniture and decor products. These products include mattresses, bathroom hardware, and accessories, living room furniture, bedding products, as well as outdoor furniture, lighting, and decor. The company also offers kids’ and toddlers’ furniture products. Through retail partners, Ashley Furniture Industries provides its products in 155 countries.
3. Kohler Co.
Estimated Market Value: $11.4 billion
Annual Revenue 2021: $7.6 billion
Headquartered in Wisconsin, United States, Kohler Co. produces furniture and household fixtures. The company offers appliances, lighting, ceramic products, and furniture for bathrooms and kitchens. Furthermore, the company also offers a range of smart products, including smart toilet seats, smart kitchen faucets, smart bathing products, etc. Kohler Co. also provides comprehensive design services for bathrooms and kitchens, allowing customers to purchase the overall theme rather than individual products. Kohler Co. owns and operates plants in 49 locations and dozens of sales offices worldwide.
2. Masco Corporation (NYSE:MAS)
Market Cap as of February 12, 2023: $12.40 billion
Headquartered in Michigan, United States, Masco Corporation (NYSE:MAS) is a manufacturing corporation that produces and commercializes various building and home improvement products. The company operates in two segments: the Plumbing Products segment and the Architectural Products segment. The Plumbing segment includes Bathroom Hardware and Accessories, Shower Accessories, Exercise Pools, and Plumbing System components. The products from this segment are sold through various brands such as DELTA, Peerless, AXOR, KRAUS, etc. The Architectural Products segment offers products like Paints, Primers, Waterproofing Products, Applicators and Accessories, Cabinet and Door Hardware, Decorative Hardware for Bathrooms, Indoor and Outdoor Lighting Fixtures, and LED Systems. The products are sold under a variety of brand names, including BEHR, KILZ, Elder & Jenks, and Franklin Brass. Masco Corporation (NYSE:MAS) owns 30 production facilities in North America and 10 international production facilities.
1. IKEA
Estimated Market Value: $67.23 billion
Annual Revenue 2021: $44.82 billion
Founded in 1943, IKEA is a Swedish multinational conglomerate that mainly commercializes furniture and home products. IKEA has a total of 422 shops worldwide, with 70% of them in Europe. The company offers close to 9,500 products spanning many categories, such as furniture, beds and mattresses, storage and organization, home electronics, kitchen and appliances, kitchenware and tableware, bathroom, home decor & improvements, lighting, and home textiles. In 2021, the biggest market for IKEA was Germany accounting for 14.2% of its total sales, followed by the United States with a 13.4% share in the total sales.
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