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Furniture Repair & Reupholstery in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Furniture Repair & Reupholstery Market Research Report | NAICS 81142 | Jul 2016

All worn out: Competition from low-priced furniture will increasingly hurt demand for repairs

IBISWorld’s Furniture Repair & Reupholstery market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 11-16
1.7%
Annual Growth 16-21
Annual Growth
Profit
Profit
Employment
35,195
Businesses
23,836
Industry Threats & Opportunities
  • Falling prices for new furniture pieces has presented a serious challenge to industry players
  • The decision to repair or replace is a major factor affecting the industry
  • Lower-priced furniture will continue to lure customers away from repair services
  • ... purchase to read more

Industry Analysis & Industry Trends

The Furniture Repair and Reupholstery industry has fought tough conditions over the past five years, even as overall economic conditions continue to improve. A growing influx of lower-cost furniture items from countries such as China and Vietnam has driven down the price of new furniture, making replacing furniture a more attractive option for consumers rather than repairing it. While industry revenue climbed in 2012 through 2014 as disposable income returned to healthier levels, this growth was merely a modest bounce back from huge losses suffered during the recession, and is not indicative of a reversal in the industry's general decay... ... purchase to read more

Industry Report - Starting a New Business Chapter

The Furniture Repair & Reupholstery industry is comprised of a large number of small firms, many of which are non-employing companies. Anyone with a knowledge and skill for furniture repair and restoration can enter the industry with relative ease. Large capital investments are not needed to enter the industry, and many repair and restoration services can be conducted within the customer's home or business.

However, there are some barriers that do exist. Newcomers will need to be highly skilled in the repair and restoration of a myriad of different furniture pieces and materials, and may need to attract employees with similar expertise. In .. ... purchase to read more

Additional Insights for the Furniture Repair & Reupholstery Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Furniture Repair & Reupholstery Industry are

  • Proximity to key markets
  • Prompt delivery to market
  • Production of premium goods/services
  • IBISWorld analysts also discuss how external factors such as Homeownership rate and Households earning more than $100,000 in the Furniture Repair & Reupholstery industry impact industry performance... purchase to read more

     


    Industry ProductsRelated Reports

    What is the Furniture Repair & Reupholstery Industry?

    This industry is involved in reupholstering, refinishing, repairing and restoring furniture. Participants offer on-site and in-store furniture reupholstery and repair services. Automotive vehicle upholstery repair services and the restoration of museum pieces are not included in this industry.

    Industry Products
    Office and institutional furniture repairUpholstery repair of household furnitureWooden household furniture repairOther furniture repair services
     
    Industry Activities
    Repairing and restoring furnitureRefinishing furnitureReupholstering furniture


    Table of Contents
    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Homeownership rate
  • Households earning more than $100,000
  • Per capita disposable income
  • Office rental vacancy
  • Private spending on home improvements
  • Current Performance
  • Patchy recovery
  • Repair or replace
  • Industry landscape
  • Chart: Revenue Growth
  • Industry Outlook
  • Falling demand for repair services
  • Industry landscape
  • Table: Furniture Repair & Reupholstery Industry Revenue Outlook
  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Furniture Repair & Reupholstery Industry Lifecycle vs The Economy
  • Products & Markets
    Supply Chains
  • Key Buying Industries
  • Furniture Stores
  • Home Furnishings Stores
  • Department Stores
  • Insurance Brokers & Agencies
  • Consumers
  • Key Selling Industries
  • Lumber Wholesaling
  • Paint Wholesaling
  • Plastics Wholesaling
  • Synthetic Fiber Manufacturing
  • Textile Mills
  • Products & Services
  • Office and institutional furniture repair
  • Upholstery repair of household furniture
  • Wooden household furniture repair
  • Other furniture repair services
  • Chart: Furniture Repair & Reupholstery Industry Products and Services Segmentation
  • Demand Determinants
  • General economic conditions
  • Cost of furniture
  • Household trends
  • Business environment
  • Major Markets
  • Households
  • Businesses
  • Government
  • Chart: Major Market Segmentation for the Furniture Repair & Reupholstery Industry
  • International Trade
    Business Locations
  • Chart: Business Locations by State
  • Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Furniture Repair & Reupholstery
  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Furniture Repair & Reupholstery Industry
  • Industry Globalization
    Major Companies
    There are no major players in this industry
    Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Furniture Repair & Reupholstery Industry
  • Chart: Tools of the Trade: Growth Strategies for Success
  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth
  • Regulation & Policy
    Industry Assistance
    Key Statistics
  • Table: Industry Data for the Furniture Repair & Reupholstery Industry
  • Includes:
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Wages (2007-2021)
  • Price of furniture (2007-2021)
  • Table: Annual Percentage Change for Key Industry Data
  • Table: Key Ratios for Industry Key Data
  • Table: Industry Financial Ratios
  • Jargon & Glossary
    Antique Furniture
  • The definitions of antiques vary, but it generally includes items that are valuable due to rarity reasons.
  • Countercyclical
  • Demand for goods that increases during stages of economic distress but decreases during states of economic expansion
  • Reupholster
  • The process of fitting furniture such as chairs or sofas with a new fabric covering.

  • Why Buy this Report?
    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 Repair & Reupholstery:
    • 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 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 Repair & Reupholstery 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 Repair & Reupholstery, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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