Furniture & Home Furnishings Stores Industry: Statistics, Forecasts, and Company Data

Furniture & Home Furnishings Stores - Market Size and Industry Forecast

The 2023 Furniture and Home Furnishings Stores Industry Report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2018 to 2028 reflect industry trends and growth patterns. Revenues include both public and private companies in the furniture & home furnishings stores industry.

	Historical					Forecasted
	2018	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Market Size (Total Revenue)
% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company

Source: U.S. government financial data.



Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Furniture & Home Furnishings Stores - Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Furniture & Home Furnishings Stores companies in the United States.

Distribution by Company Size

Company Size	All Industries	Furniture & Home Furnishings Stores
Small Business (< 5 Employees)
Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Furniture & Home Furnishings Stores - Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:

• Cost of goods sold
• Compensation of officers
• Salaries and wages
• Employee benefit programs
• Rent paid
• Advertising and marketing budgets

The report includes a traditional income statement from an "average" company (both public and private companies included).

	Industry Average	Percent of Sales
Total Revenue
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

Furniture & Home Furnishings Stores - Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

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

Furniture & Home Furnishings Stores - Product Mix

Product Description	Description	Revenue ($ Millions)
Industry total
Furniture, sleep equipment & outdoor/patio furniture
Flooring & floor coverings
Kitchenware & home furnishings
Curtains, draperies, blinds, slipcovers, bed & table coverings
All nonmerchandise receipts
Small electric appliances & personal care appliances
All other merchandise
Major household appliances
tv, video recorders, video cameras, video tapes, dvds

Furniture & Home Furnishings Stores - Compensation and Salary Surveys

Title	Percent of Workforce	Bottom Quartile	Average (Median) Salary	Upper Quartile
Management Occupations	4%
Chief Executives	0%
General and Operations Managers	3%
Sales and Related Occupations	57%
Supervisors of Sales Workers	7%
First-Line Supervisors of Sales Workers	7%
First-Line Supervisors of Retail Sales Workers	7%
Retail Sales Workers	49%
Cashiers	9%
Cashiers	9%
Retail Salespersons	40%
Retail Salespersons	40%
Office and Administrative Support Occupations	17%
Material Recording, Scheduling, Dispatching, and Distributing Workers	6%
Stock Clerks and Order Fillers	6%
Stock Clerks and Order Fillers	6%
Construction and Extraction Occupations	5%
Transportation and Material Moving Occupations	10%
Motor Vehicle Operators	9%
Driver/Sales Workers and Truck Drivers	9%
Light Truck or Delivery Services Drivers	8%
Material Moving Workers	6%
Laborers and Material Movers, Hand	5%
Laborers and Freight, Stock, and Material Movers, Hand	5%

Government Contracts

In the past, the federal government spent an annual total of $35,404,411 on the furniture & home furnishings stores industry. It has awarded 1,775 contracts to 332 companies, with an average value of $106,640 per company.

Furniture & Home Furnishings Stores and Adjacent Industries - Top Companies

Company	Address	Revenue ($ Millions)