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Office Furniture Manufacturing in the US: Market Research Report

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

Office Furniture Manufacturing Market Research Report | NAICS 33721 | May 2016

Well designed: Despite rising imports, improved economic conditions will support demand

IBISWorld’s Office Furniture Manufacturing market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Industry Statistics & Market Size
Revenue
$26bn
Annual Growth 11-16
2.0%
Annual Growth 16-21
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Profit
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Employment
105,640
Businesses
3,533
Industry Analysis & Industry Trends

Over the current five-year period, revenue for the Office Furniture Manufacturing industry is expected to increase. The industry is anticipated to benefit from a slight rise in corporate profit levels, in addition to the increasing number of US businesses. In the coming years, although the number of US businesses is anticipated to rise, increased import penetration is expected to constrain growth. Furthermore, the increasing amount of businesses that allow employees to work remotely will mitigate strong revenue gains. Still, demand of custom office space will deter significant import penetration, and revenue will increase due to steady unemployment rates and rising business numbers... purchase to read more

Industry Report - Industry Investment Chapter

The Office Furniture Manufacturing industry has a low level of capital intensity. IBISWorld estimates that for every dollar spent on wages, firms in the industry spend $0.07 on machinery and equipment. The low capital costs reflect the industry's reliance on qualified personnel for the architectural and design components of the production process. The industry also consists of many small to medium-size firms, which generally have higher labor intensity because they often cannot afford large amounts of capital. However, in the five years to 2016 the industry is expected to decrease labor costs by implementing computerized inventory management systems and electronic processing technology... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Office Furniture Manufacturing Industry?

Operators in the Office Furniture Manufacturing industry manufacture a wide range of office furniture, including bookcases, cabinets, chairs, desks and filing cabinets. This industry also manufactures office and store fixtures, such as cafeteria countertops (except kitchen and bathroom), furniture parts and partitions. Furniture may be ordered predesigned or customized, and may be sold assembled or unassembled.

Industry Products
SeatingDesksStorage units and tablesLockers, partitions and shelving
 
Industry Activities
Manufacturing office furnitureManufacturing custom architectural woodwork and other fixturesManufacturing showcases, partitions, shelving and lockers


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