Cards on the table: Updated technology and rising housing starts will bolster industry growth

The Furniture Wholesaling industry in Texas has experienced strong growth over the past five years. Rising corporate profit has spurred more businesses to expand operations and open up new locations, which has supported demand for furniture used in commercial offices, restaurants and other businesses. Moreover, demand from furniture retail stores has also been strong. The number of housing starts in Texas has increased rapidly. Since consumers generally purchase new furniture when moving into a new home, rising housing starts have fueled demand and revenue growth for industry operators. Over the next five years, the industry is expected to continue growing, albeit at a slower annualized rate...purchase to read more.

Industry Statistics & Market Size
Revenue
$5bn
Annual Growth 12-17
3.7%
Forecast Growth 17-22
Profit
Employment
3,959
Businesses
459

Industry Threats & Opportunities

  • Rising housing starts have fueled demand and revenue growth for industry operators
  • Rising demand and cost efficiencies has bolstered industry profit despite strong competition
  • Rising housing starts will prompt more furniture purchases from consumers, bolstering industry demand
  • Industry Report - Starting a New Business Chapter

    The Furniture Wholesaling industry in Texas exhibits medium barriers to entry for prospective operators. There are no significant government regulations or resource constraints that make it particularly arduous for new companies to enter the industry; however, a lack of industry knowledge and high competition can make it tougher for new wholesalers to gain a foothold.Operating knowledge and relationshipsThe largest barrier to this industry is a lack of local operating knowledge and relationships. Newcomers compete with existing wholesalers that have experience, knowledge of the industry and well-established relationships with retailers and manufacturers. The...purchase to read more.

    Additional Insights for the Furniture Wholesaling in Texas Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Furniture Wholesaling in Texas Industry are

  • Guaranteed supply of key inputs
  • Having an extensive distribution/collection network
  • Having contacts within key markets
  • IBISWorld analysts also discuss how external factors such as Housing starts in Texas and Corporate profit in the Furniture Wholesaling in Texas industry impact industry performance..

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    What's in this report

    What is the Furniture Wholesaling in Texas Industry?

    This industry wholesales a broad range of furniture for homes and businesses. Wholesalers purchase goods from domestic and international manufacturers and sell them to department stores, furniture specialty shops and other respective businesses. This industry includes merchant wholesalers and vertically integrated furniture manufacturers that have moved distribution operations in-house and segment out wholesale operations.

    Industry Products
  • Household furniture
  • Office and business furniture
  • Industry Activities
  • Household furniture wholesaling
  • Mattress wholesaling
  • Outdoor furniture wholesaling
  • Public building furniture wholesaling
  • Religious furniture wholesaling
  • Antique furniture wholesaling
  • Baby furniture wholesaling
  • Hotel furniture wholesaling
  • Restaurant furniture wholesaling
  • School furniture wholesaling
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Housing starts in Texas
  • Corporate profit
  • Per capita disposable income in Texas
  • National unemployment rate

  • Current Performance
  • Corporate profit and residential construction drive growth
  • Strong demand and cost efficiencies drive higher profit
  • Chart: Revenue Growth

  • Industry Outlook
  • Demand continues to rise
  • Sustained revenue growth drives expansion
  • Table: Furniture Wholesaling in Texas Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Furniture Wholesaling in Texas Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Furniture Stores
  • Department Stores
  • Property Management
  • Interior Designers
  • Hotels & Motels
  • Casino Hotels
  • Religious Organizations
  • Public Schools
  • Private Schools

  • Key Selling Industries
  • Cabinet & Vanity Manufacturing
  • Household Furniture Manufacturing
  • Mattress Manufacturing
  • Office Furniture Manufacturing

  • Products & Services
  • Office and business furniture
  • Household furniture
  • Other
  • Chart: Furniture Wholesaling in Texas Industry Products and Services Segmentation

  • Major Markets
  • Private businesses
  • Furniture retailers
  • Other
  • Chart: Major Market Segmentation for the Furniture Wholesaling in Texas Industry

  • Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Other costs
  • Chart: Cost Structure Benchmarking – Sector vs Furniture Wholesaling in Texas

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Furniture Wholesaling in Texas Industry

  • AAA Furniture Wholesale, Accent Wholesale, PFC Furniture Industries, Texas Wholesale Furniture Company,
  • Table: AAA Furniture Wholesale - financial performance
  • Table: Accent Wholesale - financial performance
  • Table: PFC Furniture Industries - financial performance
  • Table: Texas Wholesale Furniture Company - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Furniture Wholesaling in Texas Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Furniture Wholesaling in Texas Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Housing starts in Texas (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Normal Trade Relations (Ntr)
  • The trade status of a country that is characterized by low tariffs and limited restrictions.
  • Electronic Data Interchange (Edi)
  • The transmission of electronic documents between businesses from one computer system to another.
  • Radio Frequency Identification (Rfid)
  • A technology that releases continuous signals from a chip to track products from the time they leave the assembly line to the time they leave the store.
  • Vertical Integration
  • Owning different parts of the supply chain, either in the form of forward integration (owning upstream suppliers) or backward integration (owning downstream buyers).
  • Wholesale Bypass
  • A popular trend within retail and manufacturing industries where producers supply goods directly to stores, thus eliminating the middleman.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s industry research report on Furniture Wholesaling in Texas can be used to help you understand the industry’s market size, growth potential and major companies. Five-year forecasts provide insight into the industry’s prospects, so you can make decisions with confidence. This information is perfectly suited to informing your business plans, pitch books, benchmarking and SWOT analysis.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Furniture Wholesaling in Texas:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Furniture Wholesaling in Texas market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Furniture Wholesaling in Texas, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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