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Home Furnishing Wholesaling in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Home Furnishing Wholesaling Market Research Report | NAICS 42322 | Feb 2014

Accent colors: Stronger housing activity and increased consumer spending will boost demand

IBISWorld’s Home Furnishing Wholesaling market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$52bn
Annual Growth 09-14
3.1%
Annual Growth 14-19
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Profit
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Employment
84,334
Businesses
5,904
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 SWOT Analysis Chapter

The Home Furnishing Wholesaling industry is in the mature stage of its life cycle. In the 10 years to 2019, industry value added (IVA), which measures the industry's contribution to gross domestic product (GDP), is estimated to increase at an average annual rate of 2.3%. In contrast, the US economy is forecast to grow at an annualized rate of 2.7% over the same period. While the industry's lower IVA figure relative to GDP growth could indicate this industry is in decline, it more likely points to residual effects from declines during the recession.

Anemic growth in the number of businesses and a saturated product market also reflect the maturity of the industry. In the five years to 2014, the number of enterprises barely increased at an average annual rate of 0.2%... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Home Furnishing Wholesaling Industry?

This industry wholesales a broad range of furniture for homes, such as bed frames, sofas and other items for offices, schools, hotels and various businesses. Wholesalers purchase goods from domestic and international manufacturers and then sell them to department stores, furniture specialty shops and other respective businesses. This industry excludes furniture wholesaling.

Industry Products
Bed and bath furnishingsKitchen and cookwareHousehold appliancesHousehold decorative itemsCarpets and other floor coveringsWindow coverings
 
Industry Activities
Carpet wholesalingFloor cover wholesalingDrapery wholesalingCurtain wholesalingChinaware wholesalingGlassware wholesalingHousehold-type cooking utensil wholesalingLamp wholesalingBed, bath and table linen wholesaling Window blinds and shades wholesaling


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