Household Furniture Manufacturing Industry · Market Research Report

Household Furniture Manufacturing · Market Size and Industry Forecast

Pell Research's household furniture manufacturing report analyzes current industry size and predicts future trends. It provides overall industry revenue from 2014 through the present, and predicts industry growth and decline through 2024. Total revenue includes both public and private companies.

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Market Size (Total Revenue)

Included

% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government data.

Industry Revenue ($ Billions)

Household Furniture Manufacturing Industry Revenue
  • 2014
  • 2015
  • 2016
  • 2017
  • 2018
  • 2019
  • 2020


Historical market size and five-year projections show growth trends in industry sales and revenue. This economic model is based on short- and long-term trends. The industry size is determined by total revenue generated within the industry from all products and services sold. Growth and decline in the industry shows total opportunity for companies. The household furniture manufacturing research report reveals both the historical trends and five-year forecast, calculated by Pell Research's econometric models. Market share, measured in billions of dollars, includes both public and private companies. Use this information to identify industry trends and predict future growth patterns.

Household Furniture Manufacturing · Geographic Breakdown by State

Market size by state is used to evaluate local opportunity and measure the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Use data by state to pinpoint profitable and nonprofitable locations for household furniture manufacturing companies in the U.S.

Household Furniture Manufacturing Revenue by State

Market Share by State

Household Furniture Manufacturing · Distribution by Company Size

Company Size All Industries Household Furniture Manufacturing
Small Business (< 5 employees)

Included

Small Business (5-20)
Midsized Business (20-100)
Large Business (100-500)
Enterprise (> 500)

Household Furniture Manufacturing · Income Statement (Average Financial Metrics)

Pell Research analyzes financial statements to determine the industry average forces:
The report includes a traditional income statement from an "average" company (both public and private companies included).

Industry Average Percent of Sales
Total Revenue

Included

Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit


Average Income Statement

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits

Rent

Advertising

Depreciation and Amortization

Officer Compensation

Net Income


Household Furniture Manufacturing · Financial Ratio Analysis

Financial ratios allow you to compare how a business is performing against its peers.

Financial RatioIndustry Average
Profitability Ratios

Included

Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Household Furniture Manufacturing · Product Mix

Product Description Description Revenue
($ Millions)

Household furniture, exc. wood or metal, mfg.

Included

Household furniture, except wood and metal, nonupholstered

Household cabinets, incl. audio/TV (exc. housings), plastics

Household furniture (rattan/reed/wicker/willow), nonupholstered

Household furniture, excl. wood/metal, oth. types, nonupholst.

Household furniture, excl. wood/metal, nonupholst., nsk, total

Household furn, excl. wood/metal, nonupholst., nsk, nonadmin-rec

Household furn, excl. wood/metal, nonupholst., nsk, admin-rec


Household Furniture Manufacturing · Compensation and Salary Surveys

TitlePercent of Workforce Bottom Quartile Average (Median) Salary Upper Quartile
Management Occupations 4%

Included

Chief Executives 0%
General and Operations Managers 2%
Office and Administrative Support Occupations 10%
Production Occupations 64%
Assemblers and Fabricators 12%
Miscellaneous Assemblers and Fabricators 12%
Assemblers and Fabricators, All Other, Including Team Assemblers 11%
Textile, Apparel, and Furnishings Workers 8%
Woodworkers 27%
Cabinetmakers and Bench Carpenters 18%
Cabinetmakers and Bench Carpenters 18%
Woodworking Machine Setters, Operators, and Tenders 7%
Woodworking Machine Setters, Operators, and Tenders, Except Sawing 5%
Other Production Occupations 8%
Transportation and Material Moving Occupations 7%
Material Moving Workers 6%

Government Contracts

In 2008, the federal government spent a total of $1,659,803 on the household furniture manufacturing industry. It has awarded 205 contracts to 38 companies, with an average value of $43,679 per company.

Top Companies in Household Furniture Manufacturing and Adjacent Industries





Household Furniture Manufacturing Industry Report
Geography United States  
Publication Date May 2019
Report Format PDF Download  
Price $500

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