Comfy seat: Improving economic conditions will enable industry revenue growth

Over the five years to 2017, the Furniture Wholesaling industry has continued to expand, spurred by rising demand from businesses and retailers. Moreover, per capita disposable income and consumer confidence have reached stable levels in recent years, leading to more discretionary purchases of big-ticket items, such as furniture. Furthermore, demand for home and office furniture is expected to remain stable over the five years to 2022, with continued improvement in economic conditions enabling modest growth in industry revenue...purchase to read more.

Industry Statistics & Market Size
Revenue
$52bn
Annual Growth 12-17
4.4%
Forecast Growth 17-22
Profit
Employment
75,190
Businesses
11,656
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Manufacturers have become more willing to internalize distribution processes and sell goods directly to retailers and businesses
  • Home furniture wholesalers are expected to experience solid demand from furniture retailers
  • Office furniture for businesses is expected to experience consistent demand
  • Industry Report - Industry Analysis Chapter

    The Furniture Wholesaling industry has performed well over the five years to 2017, with industry revenue anticipated to increase at an annualized rate of 4.4% to $52.4 billion. Over the past five years, strengthening consumer sentiment, disposable income and corporate profit led to increased demand for furniture from households and businesses. In addition, a flux of imported furniture into the United States created a market for wholesalers to distribute foreign products, particularly from China where it is less expensive to manufacture furniture. Import distribution is particularly important to industry operators, as foreign manufacturers heavily rely on industry operators’ expertise and connections in the domestic market to distribute their products. IBI...purchase to read more.

    Additional Insights for the Furniture Wholesaling Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Furniture Wholesaling 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 Demand from furniture stores and Corporate profit in the Furniture Wholesaling industry impact industry performance..

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    What's in this report

    What is the Furniture Wholesaling 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
  • Office furniture
  • Household furniture (excluding beds)
  • Mattresses and beds
  • Other furniture and services
  • 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
  • Demand from furniture stores
  • Corporate profit
  • Per capita disposable income
  • Housing starts
  • National unemployment rate

  • Current Performance
  • Open for business
  • Retail demand returns
  • Changing landscape
  • Chart: Revenue Growth

  • Industry Outlook
  • Downstream demand
  • Wholesale bypass
  • Saved by imports
  • Improved technology
  • Table: Furniture Wholesaling Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Furniture Wholesaling 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 furniture
  • Household furniture (excluding beds)
  • Other furniture and services
  • Mattresses and beds
  • Chart: Furniture Wholesaling Industry Products and Services Segmentation

  • Demand Determinants
  • Downstream demand
  • Housing and offices
  • Wholesale bypass

  • Major Markets
  • Private businesses
  • Retailers
  • Other wholesalers
  • Other
  • Government entities
  • Chart: Major Market Segmentation for the Furniture Wholesaling Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesRentDepreciationOther
  • Chart: Cost Structure Benchmarking – Sector vs Furniture Wholesaling

  • Basis of Competition
    Internal competitionExternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Furniture Wholesaling Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Furniture Wholesaling 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 Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Number of businesses (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Table: Industry Financial Ratios
    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?

    The Furniture Wholesaling industry market report contains strategic analysis of the key drivers influencing the industry. Save hours of time on research and prospecting using IBISWorld’s standardized, up-to-date reports on thousands of industries. Our industry research provides growth and profit forecasts for a five-year outlook period, presented in a clear and user-friendly format.

    IBISWorld industry market research reports enable you to:
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    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
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    This report on Furniture Wholesaling:
    • 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 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, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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