Industry Analysis & Industry Trends
While competition is expected to continue, rising consumer confidence, disposable income and home ownership levels are anticipated to lead to the industry's resurgence in the five years to 2018. In particular, the industry is projected to benefit from consumers seeking higher-quality products and customer service, thus allowing industry operators to gain a competitive edge over mass merchandisers who have for several years been squeezing them out of the industry... purchase to read more
Industry Report - Industry Locations Chapter
Similar to most retail industries in the United States, the geographical spread of furniture stores closely reflects the distribution of population. In theory, the greater the number of residents, the stronger the demand will be for industry products. In 2013, IBISWorld estimates that establishments will be concentrated in the Southeast region, which captures the highest US population share.
Based on US Census Bureau data and IBISWorld estimates, the Southeast region is expected to account for about 26.1% of total establishments and 23.8% of industry revenue in 2013. In turn, population projections indicate that this region will also account for the largest share of the nation's population at 25.4%... purchase to read more