Sitting pretty: Growth in employment and internet use will strengthen online office furniture sales

Revenue for the Online Office Furniture Sales industry has grown in the past five years as a postrecession recovery of corporate profit led more businesses to expand employment and office space. Additionally, the industry has experienced growth in line with the e-commerce sector as a whole, as more brick-and-mortar retailers focus on their internet presence and an increasing share of consumers opt to purchase consumer goods online. These trends will continue driving revenue growth in the coming five years, albeit at a slower pace. However, saturation of the online market and the potential closing of state sales tax loopholes that have been advantageous to online retailers may constrain profit margins and force operators to stake out new competitive positions...purchase to read more.

Industry Statistics & Market Size
Revenue
$12bn
Annual Growth 12-17
5.9%
Forecast Growth 17-22
Profit
Employment
13,243
Businesses
4,889
Market Share of Companies

Industry Threats & Opportunities

  • An improved employment rate and growth in corporate profit will spur office furniture sales
  • Industry operators achieve lower price points from low overhead and state sales tax advantages
  • Corporate profit will rise, allowing companies to spend on office furniture and renovations
  • Industry Report - Industry Products Chapter

    The systems and tables and desks segments generate the most and fourth-most revenue for this industry, 29.7% and 15.9%, respectively. Systems includes a wide array of products, such as desk systems and cubicles. Since systems are often large and require a number of pieces, they are the most expensive product segment within this industry. Small and medium-size businesses have started to move away from systems (especially cubicles) because they impose a sense of isolation. Instead these businesses are opting for a more open floor plan that allows employees to see each other, encouraging better teamwork. While tables make up a small percentage of industry revenue, they can be one of the most expensive products for businesses. Thi...purchase to read more.

    Additional Insights for the Online Office Furniture Sales Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Online Office Furniture Sales Industry are

  • Ability to control stock on hand
  • Establishment of brand names
  • Provision of a related range of goods
  • IBISWorld analysts also discuss how external factors such as Corporate profit and commerce sales in the Online Office Furniture Sales industry impact industry performance..

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    What's in this report

    What is the Online Office Furniture Sales Industry?

    This industry sells office furniture online. Products include desks, tables and seating. The industry does not include brick-and-mortar sales of office furniture.

    Industry Products
  • Seating
  • Filing and storage furniture
  • Tables and desks
  • Systems
  • Industry Activities
  • Online sales of office desks
  • Online sales of office seating
  • Online sales of office tables
  • Online sales of office storage
  • Online sales of other office furniture and fixtures
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Corporate profit
  • commerce sales
  • Number of businesses
  • Number of employees
  • External competition
  • Private investment in computers and software

  • Current Performance
  • Demand growth
  • Tax loopholes push buyers online
  • Structural shift
  • Chart: Revenue Growth

  • Industry Outlook
  • Online growth requires differentiation
  • Tax loophole closure limits profit growth
  • Table: Online Office Furniture Sales Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Online Office Furniture Sales Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Savings Banks & Thrifts
  • Financial Planning & Advice
  • Dentists

  • Key Selling Industries
  • Furniture Wholesaling
  • Graphic Designers
  • IT Consulting
  • Telecommunication Networking Equipment Manufacturing

  • Products & Services
  • Systems
  • Seating
  • Filing and storage furniture
  • Tables and desks
  • Chart: Online Office Furniture Sales Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Large businesses
  • Medium businesses
  • Small businesses
  • Nonemployers
  • Chart: Major Market Segmentation for the Online Office Furniture Sales Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesOther
  • Chart: Cost Structure Benchmarking – Sector vs Online Office Furniture Sales

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

  • Industry Globalization
    Office Depot Inc., Staples Inc.,
  • Table: Office Depot Inc. - financial performance
  • Table: Staples Inc. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Online Office Furniture Sales 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 Online Office Furniture Sales Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Corporate profit (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Brick And Mortar
  • Stores that have a physical presence and location, as opposed to online retailers.
  • Broadband
  • Alternative to dial-up internet connection that allows users access to higher rates of data and greater bandwidth.
  • E-Commerce
  • A term for selling products or services over the internet; also called e-tailing.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Industry Market Report on Online Office Furniture Sales is a comprehensive guide to market size and growth prospects. Ensure due diligence in your research with our strategic analysis of the factors influencing companies, including new product developments; economic, lifestyle and demographic influences; distribution and supply chain factors; and pricing issues.

    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 Online Office Furniture Sales:
    • 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 Online Office Furniture Sales 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 Online Office Furniture Sales, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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