Industry Analysis & Industry Trends
After a few dismal years during the recession, the Home Furnishing Wholesaling industry is expected to continue its recovery in 2015, as demand from downstream industries increases in line with consumer confidence and disposable income. Additionally, improvements in existing home sales and housing starts are also expected to continue to drive demand. Looking forward, industry revenue is forecast to grow, as rising consumer sentiment and household disposable incomes encourage consumers to make purchases they delayed during the recession... purchase to read more
Industry Report - Industry Analysis Chapter
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.
At the same time, increased import penetration has enabled wholesalers to solidify their role as distributors in the home furnishing supply chain. Demand for industry products is expected to continue to grow steadily in 2015, as the industry settles comfortably into its recovery. IBISWorld estimates industry revenue will increase at an annualized rate of 2.8% in the five years to 2015... purchase to read more