Office Furniture Manufacturing in the US - Industry Market Research Report

Office Furniture Manufacturing in the US - Industry Market Research Report

  • October 2020 •
  • 50 pages •
  • Report ID: 170998 •
  • Format: PDF
No space: Domestic operators will focus on custom products to compete against imports

Abstract

Office Furniture Manufacturing in the US
The Office Furniture Manufacturing industry has had mixed results over the five years to 2019. The fundamental drivers of demand for office furniture, including business sentiment, commercial construction and the size of the US workforce, have all improved. As businesses have undertaken expansions and increased hiring, demand for industry products to furnish new workspaces has increased. However, basic, low-cost furniture items have endured increased competition from imports, dampening revenue growth despite a general increase in demand. Over the five years to 2019, industry revenue is expected to rise. Over the five years to 2024, foreign competition will continue to constrain the industry’s potential.

Operators in the Office Furniture Manufacturing industry manufacture a wide range of office furniture, including bookcases, cabinets, chairs, desks and filing cabinets. This industry also manufactures office and store fixtures, such as cafeteria countertops (except kitchen and bathroom), furniture parts and partitions. Furniture may be ordered predesigned or customized, and may be sold assembled or unassembled.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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