Industry Analysis & Industry Trends
The Furniture Wholesaling industry is expected to experience solid demand in the five years to 2015, spurred by recovering downstream markets such as businesses and retailers following the recession. As economic conditions have gradually improved over the period, consumers have begun to spend more freely, leading demand from furniture stores to increase... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Furniture Wholesaling industry is in the mature stage of its life cycle. Over the 10 years to 2020, industry value added (IVA), which measures the industry's contribution to GDP, is projected to rise at an average annual rate of 5.8%. In contrast, US GDP is projected to grow at an annualized rate of 2.5% 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.
Changing landscape and competition from vertically integrated manufacturers has caused the number of firms operating to remain stagnant, but still grow. In the 10 years to 2020, the number of enterprises is expected to increase at an average annual rate of 0.8%... purchase to read more