Industry Analysis & Industry Trends
The Home Furnishing Wholesaling industry has fought falling downstream demand over the past five years. Since home furnishings are often discretionary, low consumer confidence in the economy and reduced disposable income during the recession led to plummeting sales at the retail level. Consequently, stores purchased fewer goods from industry operators while wholesale demand declined. However, recovery for the industry will likely continue to gain traction in the five years to 2019, as the economy improves. In 2014, IBISWorld forecasts improving per capita disposable income and housing starts will help boost industry revenue... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Home Furnishing Wholesaling industry is highly fragmented, representing a low level of concentration. IBISWorld estimates that the three largest players hold a combined market share of 3.0%. No single player is expected to generate a market share of more than 2.0% in 2014. While startup costs can be high, the relative ease of setting up a home furnishing wholesale business has resulted in a large number of small players. More than half of the industry's operators currently employ fewer than five people; more than 80.0% of operators employ fewer than 20 workers.
Some industry operators have consolidated over the years in an effort to increase their margins... purchase to read more