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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 | Jun 2014

Office space: Demand will rise as businesses expand, but overseas competition will limit growth

IBISWorld’s Office Furniture Manufacturing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$23bn
Annual Growth 09-14
2.0%
Annual Growth 14-19
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Profit
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Employment
109,081
Businesses
3,805
Industry Analysis & Industry Trends

In the five years to 2014, the Office Furniture Manufacturing industry is expected to grow off a low recessionary base. As businesses faced economic challenges throughout the recession, companies deferred purchasing new office equipment. Additionally, rising import penetration from countries with lower labor costs, such as China, along with volatile raw material costs hampered industry revenue. Still, industry revenue is expected to increase over the five-year period, fueled by improving economic conditions. Despite overall growth within the industry, domestic players are expected to face increased pressure from imports. In addition, volatile input prices will likely hamper industry profit throughout the next five years... purchase to read more

Industry Report - Industry Key Buyers Chapter

The Office Furniture Manufacturing industry has low market share concentration. IBISWorld estimates that the four largest players will account for an estimated 18.1% of total industry revenue in 2014. The remainder of the market is captured by a large number of small and privately owned businesses that successfully supply the local community's retail demand. As such, more than 70.0% of companies will employ fewer than 20 workers, while slightly more than 6.0% of companies will employ more than 100 workers in 2014... 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
SeatingOffice systems CasegoodsStorageOther office furniture
 
Industry Activities
Manufacturing office furnitureManufacturing custom architectural woodwork and other fixturesManufacturing showcases, partitions, shelving and lockers


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