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Household Furniture Manufacturing in the US: Market Research Report

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

Household Furniture Manufacturing Market Research Report | NAICS 33712 | Jan 2017

Room to improve: Despite positive housing trends, rising imports will constrain industry revenue

IBISWorld’s Household Furniture Manufacturing market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Annual Growth 12-17
Annual Growth 17-22
Annual Growth
Industry Threats & Opportunities
  • Continued increases in import penetration are projected to lead to stagnation in industry revenue
  • Growth in the housing market has underpinned a particularly strong increase in demand
  • Foreign manufacturers are expected to continue gaining domestic market share
  • ... purchase to read more

Industry Analysis & Industry Trends

While improvements in existing home sales and housing starts will drive up demand for household furniture, industry revenue is expected to stagnate over the next five years. Import penetration from countries with emerging economies will continue to place significant pricing pressures on domestic furniture manufacturers. Fortunately for the industry however, there is a market for high-quality household furniture, which domestic manufacturers are increasingly producing. As US household furniture manufacturers leverage their competitive advantage in producing high-quality goods, exports are expected to increase, supporting the industry... ... purchase to read more

Industry Report - Industry Key Buyers Chapter

The Household Furniture Manufacturing industry exhibits a relatively low level of market share concentration. Although the four largest industry companies are expected to generate 15.7% of revenue in 2016, the remainder of the industry is composed mainly of small, privately owned manufacturers. Despite fierce competition from imports, more than half the establishments in this industry are nonemployers that have carved out a niche in high-end markets. Of the remaining industry facilities, nearly 70.0% employ fewer than 10 workers and only 5.8% employ more than 100. Nevertheless, the number of companies operating in the industry has declined at an estimated annualized rate of 0.2% o.. ... purchase to read more

Additional Insights for the Household Furniture Manufacturing Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Household Furniture Manufacturing Industry are

  • Contacts within key markets
  • Guaranteed supply of key inputs
  • Ability to alter goods and services produced in favor of market conditions
  • IBISWorld analysts also discuss how external factors such as Import penetration into the manufacturing sector and Per capita disposable income in the Household Furniture Manufacturing industry impact industry performance... purchase to read more


    Industry ProductsRelated Reports

    What is the Household Furniture Manufacturing Industry?

    This industry manufactures a range of furniture for personal, household and public use. Public furniture is used for hospitals, theaters, cafeterias, schools and other facilities. urniture may be made on a stock or custom basis and may be sold assembled or unassembled.

    Industry Products
    Upholstered household furnitureMetal household furnitureInstitutional furnitureNonupholstered wood household furniture
    Industry Activities
    Upholstered household furniture Nonupholstered wood household furniture Metal household furniture Household furniture (except wood and metal) Institutional 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
  • Import penetration into the manufacturing sector
  • Per capita disposable income
  • Housing starts
  • Trade-weighted index
  • Price of sawmill lumber
  • Current Performance
  • Chart: Revenue Growth
  • Industry Outlook
  • Foreign competition and high input costs
  • Industry niche
  • Table: Household Furniture Manufacturing Industry Revenue Outlook
  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Household Furniture Manufacturing Industry Lifecycle vs The Economy
  • Products & Markets
    Supply Chains
  • Key Buying Industries
  • Carpenters
  • Furniture Wholesaling
  • Furniture Stores
  • Department Stores
  • Consumers
  • Key Selling Industries
  • Glass Product Manufacturing
  • Metal Wholesaling
  • Plastics & Rubber Machinery Manufacturing
  • Textile Mills
  • Wood Paneling Manufacturing
  • Woodworking Machinery Manufacturing
  • Products & Services
  • Upholstered household furniture
  • Institutional furniture
  • Nonupholstered wood household furniture
  • Metal household furniture
  • Other
  • Chart: Household Furniture Manufacturing Industry Products and Services Segmentation
  • Demand Determinants
  • Housing market
  • Price and import demand
  • Major Markets
  • Furniture and home goods stores
  • Independent wholesalers
  • End users
  • Exports
  • Manufacturer-affiliated retailers
  • Warehouse stores
  • Department stores
  • Other retailers
  • Chart: Major Market Segmentation for the Household Furniture Manufacturing Industry
  • International Trade
    Business Locations
  • Chart: Business Locations by State
  • Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages and depreciation
  • Marketing
  • Other costs
  • Chart: Cost Structure Benchmarking – Sector vs Household Furniture Manufacturing
  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Household Furniture Manufacturing Industry
  • Industry Globalization
    Major Companies
    Ashley Furniture Industries Inc.
  • Table: Ashley Furniture Industries Inc. - financial performance
  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Household Furniture Manufacturing 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 Household Furniture Manufacturing Industry
  • Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Exports (2008-2022)
  • Imports (2008-2022)
  • Wages (2008-2022)
  • Housing Starts (2008-2022)
  • Table: Annual Percentage Change for Key Industry Data
  • Table: Key Ratios for Industry Key Data
  • Table: Industry Financial Ratios
  • Jargon & Glossary
    80/20 Principle
  • Also known as the Pareto Principle, it states, as a rule of thumb, that 80.0% of a business's revenue should come from 20.0% of its customers.
  • Case Goods
  • A classification that includes furniture made of hard materials like wood, metal, glass or plastic.
  • Cellular Manufacturing
  • A lean method of producing similar products using cells, or groups of team members, workstations, or equipment, to facilitate operations by eliminating setup and unneeded costs between operations.
  • Contract Outfitter
  • An independent distributor that works with office furniture manufacturers to help clients customize their furniture selections.
  • Edgebanding
  • Veneer or laminate used to conceal the exposed edges of furniture or cabinets and made of the same type of material.
  • Offshore
  • The relocation of a company's business process, such as manufacturing or accounting, from one country to another, whether the work is outsourced or stays within the company.
  • Value Engineering (Ve)
  • VE is a systematic method to improve the value of goods or products and services by using an examination of function.

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

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