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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 | Sep 2014

Room to improve: Despite positive housing trends, rising imports will constrain 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
$20bn
Annual Growth 09-14
-2.1%
Annual Growth 14-19
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Profit
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Employment
122,933
Businesses
4,906
Industry Analysis & Industry Trends

While improvements in existing home sales and housing starts will drive up demand for household furniture, revenue will not make substantial gains 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 - Starting a New Business Chapter

Barriers to entry outline factors that prevent new companies from entering the industry. Key factors used to assess these barriers include the industry's buying and selling markets, the industry's level of market dominance and entry costs.

Existing and well-established distribution networks among operators and suppliers may deter potential operators from entering this industry. For new entrants to be successful, they need to establish upstream supply relationships with manufacturers and wholesalers in order to secure high quality, low-priced inputs. Lastly, a disruption to the supply of raw materials, component parts or labor in the production process could adversely affect an industry operator by slowing down furniture production... 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 furnitureCase goodsMetal household furnitureHousehold furniture (except wood and metal)Institutional furnitureWood TV, radio and sewing machine cabinets
 
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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