Industry Analysis & Industry Trends
On the outs
The Outdoor Furniture Manufacturing industry will continue to face high import competition, with imports making up 90.4% of total revenue. Smaller enterprises in the United States will struggle over the next five years, as they lack the economy of scale to reduce per-unit costs to a range that can compete with cheaper imports. As a result, domestic revenue is expected to continue dropping in the five years to 2017.... purchase to read more
Industry Report - Industry Investment Chapter
The Outdoor Furniture Manufacturing industry has a low level of capital intensity. Industry operators typically invest 12 cents of capital for every dollar of labor. Generally, the smaller establishments have higher labor intensity since they cannot afford to invest in large amounts of capital. The industry is mainly made up of small establishments with about 26 workers per establishment on average. Likewise, wages are anticipated to make up about 20.1% of industry revenue in 2012.
Manual labor is important in assembling outdoor furniture and in designing components in the production process. However, industry companies also purchase equipment to manufacture outdoor furniture. These investments are generally not frequent, but they can be costly depending on the type of machinery. Onc... purchase to read more