Household & Institutional Furniture & Kitchen Cabinet Manufacturing Industry: Statistics, Forecasts, and Company Data
Household & Institutional Furniture & Kitchen Cabinet Manufacturing - Market Size and Industry Forecast
The 2023 Household and Institutional Furniture and Kitchen Cabinet Manufacturing 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 household & institutional furniture & kitchen cabinet manufacturing 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.Industry Revenue ($ Billions)
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.
Household & Institutional Furniture & Kitchen Cabinet Manufacturing - 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 Household & Institutional Furniture & Kitchen Cabinet Manufacturing companies in the United States.
Household & Institutional Furniture & Kitchen Cabinet Manufacturing Revenue by State
Distribution by Company Size
| Company Size | All Industries | Household & Institutional Furniture & Kitchen Cabinet Manufacturing |
|---|
| Small Business (< 5 Employees) |
|
| Small Business (5 - 20) |
| Midsized Business (20 - 100) |
| Large Business (100 - 500) |
| Enterprise (> 500) |
Household & Institutional Furniture & Kitchen Cabinet Manufacturing - 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 |
Average Income Statement
Cost of Goods Sold
Salaries, Wages, and Benefits
Rent
Advertising
Depreciation and Amortization
Officer Compensation
Net Income
Household & Institutional Furniture & Kitchen Cabinet Manufacturing - 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 |
Household & Institutional Furniture & Kitchen Cabinet Manufacturing - 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 | 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 the past, the federal government spent an annual total of
$275,630,199 on the household & institutional furniture & kitchen cabinet manufacturing industry. It has awarded 5,015 contracts to 758 companies, with an average value of $363,628 per company.
Household & Institutional Furniture & Kitchen Cabinet Manufacturing and Adjacent Industries - Top Companies
| Company | Address | Revenue
($ Millions) |
|---|
|
