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Household Furniture Manufacturing in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Household Furniture Manufacturing Market Research Report | NAICS 33712 | Apr 2016

Room to improve: Despite positive housing trends, rising imports will constrain industry revenue

IBISWorld’s Household Furniture Manufacturing market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$25bn
Annual Growth 11-16
1.1%
Annual Growth 16-21
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Profit
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Employment
132,141
Businesses
9,405
Industry Analysis & Industry Trends

While improvements in existing home sales and housing starts will drive up demand for household furniture, revenue will nearly stagnate over the next five years. Import penetration from countries with emerging economies will continue to place significant pricing pressures on domestic furniture manufacturers. However, fortunately for the industry, there is a market for high-quality household furniture, which domestic manufacturers are increasingly producing. As US household furniture manufacturers leverage their competitive advantage in producing high-quality goods, exports are expected to expand, supporting the industry... purchase to read more

Industry Report - Industry Products Chapter

Upholstered furniture

Upholstered furniture is the largest product segment for household furniture manufacturers, accounting for an estimated 45.8% of revenue in 2016. Upholstered products include couches, recliners, futons and ottomans. This segment has fared relatively well amid the overall industry's struggles with import competition in recent years. Many upholstered furniture products are bulky, making them costly to ship internationally. Most companies have therefore offshored the fabric cutting and sewing portion of manufacturing in this segment, while keeping woodworking and final product assembly closer to domestic markets... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Household Furniture Manufacturing Industry?

This industry manufactures a range of furniture for personal, household and public use. Public furniture is used for hospitals, theaters, cafeterias, schools and other facilities. Furniture may be made on a stock or custom basis and may be sold assembled or unassembled.

Industry Products
Upholstered household furnitureMetal household furnitureInstitutional furnitureNonupholstered wood household furniture
 
Industry Activities
Upholstered household furniture Nonupholstered wood household furniture Metal household furniture Household furniture (except wood and metal) Institutional furniture


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