Industry Analysis & Industry Trends
Over the past five years, the Home Furnishing Wholesaling industry has benefited from strong downstream demand. Since home furnishings are often discretionary, rising consumer confidence in the economy and increased disposable income has led to an increase in sales of furnishings at the retail level. Consequently, stores purchased more goods from industry operators while wholesale demand increased. Moreover, revenue growth will likely continue to gain traction in the five years to 2020 as the economy continues to improve. Furthermore, improvements in existing home sales and housing starts are also expected to continue to drive demand... purchase to read more
Industry Report - Industry Investment Chapter
The Home Furnishings Wholesaling industry has a low level of capital intensity. IBISWorld estimates that for every dollar spent on wages, firms in the industry spend $0.09 on capital investment. This level of capital intensity is typical for industries in the wholesale sector. The labor required in the industry is not highly skilled, but staff is needed to operate stocking machinery, check inventory and provide customer service. As technology capabilities develop, automated processes can take over some of the functions of personnel, resulting in a slight decline in the share of wages to revenue.
This industry's main capital applications include delivery vehicles and storage, warehousing and computer inventory systems... purchase to read more