Industry Analysis & Industry Trends
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. Moreover, revenue growth will likely continue to gain traction in the five years to 2020 as the economy continues to improve. Furthermore, improvements in existing home sales and housing starts are also expected to continue to drive demand... 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 2020, 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 2.6%. In contrast, the US economy is forecast to grow at an annualized rate of 2.5% over the same period. The industry's similar IVA figure relative to GDP growth could indicates it is situated firmly within the mature phase of its lifecycle.
Anemic growth in the number of businesses and a saturated product market also reflect the maturity of the industry. In the five years to 2015, the number of enterprises barely increased at an average annual rate of 0.3%... purchase to read more