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 Key Buyers Chapter
The Furniture Wholesaling industry exhibits low market share concentration. IBISWorld estimates that the four largest players in the industry hold a combined market share of less than 10.0%, with no single player accounting for more than 3.8% of the market. Most industry businesses are privately owned and successfully supply the local retail demand in their communities. According to the latest available US Census data, about 54.5% of total establishments are estimated to have fewer than five employees, while only 1.2% employ more than 100 workers.
During the five years to 2014, industry concentration has increased as a result of wholesale bypass coupled with slow demand following the recession... purchase to read more