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Furniture Wholesaling in the US: Market Research Report

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

Furniture Wholesaling Market Research Report | NAICS 42321 | Jul 2016

Comfy seat: Improving economic conditions will enable modest industry revenue growth

The Furniture Wholesaling market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$61bn
Annual Growth 12-17
4.3%
Annual Growth 17-22
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Profit
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Employment
75,662
Businesses
11,226
Industry Analysis & Industry Trends

Over the five years to 2016, 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 2021, with continued improvement in economic conditions enabling modest growth in industry revenue... purchase to read more

Industry Report - Industry Analysis Chapter

The Furniture Wholesaling industry has performed well in the five years to 2016, with industry revenue anticipated to increase at an annualized rate of 5.2% to $57.9 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... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

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 furnitureHousehold furniture (excluding beds)Mattresses and bedsOther furniture and services
 
Industry Activities
Household furniture wholesalingMattress wholesalingOutdoor furniture wholesalingPublic building furniture wholesalingReligious furniture wholesalingAntique furniture wholesaling Baby furniture wholesaling Hotel furniture wholesaling Restaurant furniture wholesaling School furniture wholesaling


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