Industry Analysis & Industry Trends
Led by growing downstream demand, the industry is forecast to grow in the next five years. Rising consumer sentiment and household disposable incomes will encourage consumers to spend on industry items that they had delayed purchasing during the recession. In addition, rising import levels will likely strengthen the role of wholesalers as distributors; retailers will likely turn to wholesalers to restock their inventory with cheap imported goods... 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 $0.08 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. However, wages have remained constant and have grown as a share of revenue, despite falls in revenue over the past five years... purchase to read more