Industry Analysis & Industry Trends
Over the past five years, demand for the Outdoor Furniture Manufacturing industry has improved. Housing starts have surged, boosting demand from new homeowners for various types of furniture, including products meant for outdoor use. Moreover, increased spending power has lifted demand for new outdoor furniture sets. Nevertheless, industry revenue declined over the period as more downstream retailers and consumers turned to lower-cost imports. Moving forward, the US dollar is expected to continue appreciating, making imports even more affordable from domestic consumers. Therefore, while the industry will not suffer from a shortage in demand for industry products, challenges lie in the manufacturing of a quality product at a competitive price point.... purchase to read more
Industry Report - Industry Locations Chapter
Companies in the Outdoor Furniture Manufacturing industry strive to be located near downstream markets in an attempt to increase delivery speed and reduce transportation costs. Due to the large number of downstream markets and the high number of small companies involved in this industry, the dispersion of establishments generally follows the general population distribution. Likewise, the majority of industry manufacturers are located in the heavily populated Southeast and Mid-Atlantic regions, which make up 26.2% and 17.9% of total establishments, respectively.
The large proportion of establishments in the Southeast region falls in line with downstream demand, as the region accounts for the highest number of furniture wholesalers and retailers... purchase to read more