Industry Analysis & Industry Trends
With less discretionary income available during the recession, consumers cut back or delayed their purchases of big-ticket items, including new furniture for their homes. Furthermore, reduced demand from businesses hurt the Furniture Wholesaling industry. While changes in the structure of the furniture supply chain have dampened demand for wholesalers, the improved economy will support modest revenue growth over the next five years... purchase to read more
Industry Report - Industry Locations Chapter
IBISWorld estimates that industry establishments are concentrated in the Southeast, West and Mid-Atlantic regions, with a combined share of 64.8%. Per capita income, access to transportation and proximity to retail furniture stores are the main determinants of the geographical distribution of industry establishments.
The Southeast region is estimated to account for the highest number of establishments, with a share of 25.5%. This region is also expected to hold the greatest concentration of furniture stores in the United States. This region includes Texas which accounts for 7.5% of industry operators, and has some of the largest cities in the country by population, such as Houston and Dallas... purchase to read more