Industry Analysis & Industry Trends
The Furniture Wholesaling industry is continuing to expand over the five years to 2015, spurred by rising demand from businesses and retailers. Disposable income and consumer confidence have reached stable levels in recent years, leading to more discretionary purchases of big-ticket items, such as furniture. The industry's landscape has experienced a gradual change over the past five years, in which furniture manufacturers have become more willing to internalize distribution processes and sell goods directly to retailers, increasingly squeezing tradional wholesalers out of the supply chain. Demand for home and office furniture is expected to remain stable over the five years to 2020, with continued improvement in economic conditions enabling modest growth in industry revenue... 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 64.7%. 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 25.6%. 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