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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 | Jan 2015

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

The Household Furniture Manufacturing market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$21bn
Annual Growth 10-15
-2.1%
Annual Growth 15-20
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Profit
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Employment
112,364
Businesses
4,282
Industry Analysis & Industry Trends

While improvements in existing home sales and housing starts will drive up demand for household furniture, revenue will decline slightly 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, bolstering industry revenue... purchase to read more

Industry Report - Industry Investment Chapter

The level of capital intensity for this industry indicates that for every dollar spent on wages, firms in the industry spend $0.08 on machinery and equipment. This figure is considered a low level of capital intensity, which reflects the importance of manual labor for the assembly of furniture, as well as the need for qualified personnel for the architectural and design components of the production process. The industry also consists of many small- to- medium-sized firms. Generally, the smaller the establishment, the higher the labor intensity, as smaller companies usually cannot afford to put up large amounts of capital... 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 furnitureHousehold furniture (except wood and metal)Institutional furnitureNonupholstered wood household furnitureWood television, radio, and sewing machine
 
Industry Activities
Upholstered household furniture Nonupholstered wood household furniture Metal household furniture Household furniture (except wood and metal) Institutional furniture Wood television, radio, and sewing machine cabinet


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