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Furniture Wholesaling in the US: Market Research Report

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

Furniture Wholesaling Market Research Report | NAICS 42321 | Feb 2016

Musical chairs: Improving economic conditions will enable modest industry revenue growth

IBISWorld’s Furniture Wholesaling 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
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$58bn
Annual Growth 11-16
5.5%
Annual Growth 16-21
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Profit
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Employment
72,924
Businesses
11,271
Industry Analysis & Industry Trends

Over the five years to 2016, the Furniture Wholesaling industry has continued to expand, spurred by rising demand from businesses and retailers. Moreover, per capita disposable income and consumer confidence have reached stable levels in recent years, leading to more discretionary purchases of big-ticket items, such as furniture. Furthermore, demand for home and office furniture is expected to remain stable over the five years to 2021, with continued improvement in economic conditions enabling modest growth in industry revenue... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Furniture Wholesaling industry is in the growth stage of its life cycle. Over the 10 years to 2021, industry value added (IVA), which measures the industry's contribution to GDP, is projected to rise at an average annual rate of 4.9%. In contrast, US GDP is projected to grow at an annualized rate of 2.3% during the same period. These figures signify that the Furniture Wholesaling industry is growing at a faster rate than the US economy, a trait indicative of an industry in its growing phase. IVA growth is expected to slow over the next five years, as demand falls slightly as a result of wholesale bypass, but it is expected to still rise at an annualized 3.0%, which is still faster than GDP growth... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Furniture Wholesaling Industry?

This industry wholesales a broad range of furniture for homes, such as bed frames and sofas, and furniture for offices, schools, hotels and other various businesses. Wholesalers purchase goods from domestic and international manufacturers and sell them to department stores, furniture specialty shops and other respective businesses.

Industry Products
Office furnitureHousehold furniture (excluding beds)Mattresses and bedsOther furniture and services
 
Industry Activities
Household furniture wholesalingMattress wholesalingOutdoor furniture wholesalingPublic building furniture wholesalingReligious furniture wholesalingAntique furniture wholesaling Baby furniture wholesaling Hotel furniture wholesaling Restaurant furniture wholesaling School furniture wholesaling


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