Industry Analysis & Industry Trends
The Home Furnishing Wholesaling industry has fully recovered from the tribulations of the economic downturn and has experienced significant growth over the five years to 2016. As demand from downstream industries has increased in line with consumer confidence and disposable income, the industry has grown. In the coming years, industry revenue is forecast to continue to grow, as rising consumer sentiment and household disposable incomes encourage consumers to upgrade furnishings in their homes. In addition, retailers will increasingly turn to wholesalers to restock inventory with cheap imported goods... 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 two largest players hold a combined market share of less than 10.0%. No single player is expected to hold a market share of more than 5.0% in 2016. 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