Industry Analysis & Industry Trends
The Furniture Wholesaling industry is expected to experience solid demand in the five years to 2014, spurred on 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. Since wholesalers are a large supplier of furniture stores, the Furniture Wholesaling industry has benefited. Looking forward, technology is anticipated to play an important role in the industry over the next five years. Meanwhile, demand for home and office furniture will likely pick up with continued improvements in economic conditions, enabling a modest boost in industry revenue... 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