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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 is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

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 - Starting a New Business Chapter

New operators entering the Office Furniture Manufacturing industry face various challenges, such as forging well-established distribution networks among operators and suppliers. For new entrants to be successful, they need to establish supply relationships with upstream manufacturers and wholesalers in order to secure good quality and low-priced stock. The purchase of low-priced materials will ensure that a manufacturer remains price competitive. In addition, deals that lock some businesses into exclusive supply contracts with existing operators act as barriers to new entrants. New entrants could also be adversely affected by disruptions of the supply of raw materials, component parts or labor in the production process... 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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