Generally speaking upholstery is like most things in life, the more you can afford to spend the better quality product you will get. As a result of this any potential resale value will be higher and the chances of keeping your furniture out of land fill and being used is greatly improved.
Restoration and reupholstery both play a part in updating and prolonging the life of furniture thus helping to get the most out of the original manufacturing outlays, be it energy or materials consumption and therefore contributing to a more circular economy. Rather than replacing everything, by only replacing what needs to be replaced will also help cut back on further consumption of new materials.
The physiology of spending that little bit extra on things has been found to install a greater sense of care when it comes to looking after and maintaining items of furniture. This will obviously help with the longevity of furniture.