Furniture Industry Statistics 2017

In addition to revenue the industry market analysis shows information on employees companies and average firm size.

Furniture industry statistics 2017.

Final 2017 receipts data are scheduled to be released in january 2021. Industry market size for furniture manufacturing. Market size industry statistics. According to the us census bureau there are approximately over 87 000 establishments bringing in annual revenue of 120 million a year and employing more than 500 000 employees.

Industry statistics cover all companies in the united states both public and private ranging in size from small businesses to market leaders in addition to revenue the industry market analysis shows information on employees companies and average firm size. Industry statistics cover all companies in the united states both public and private ranging in size from small businesses to market leaders. The furniture industry is broken down into retail stores office furniture merchants warehouse showrooms and specialty furniture. Find industry analysis statistics trends data and forecasts on furniture stores in the us from ibisworld.

The latest data shows that furniture and furnishings sales continued to rise into 2017 with first and second quarter consumer expenditures being respectively 5 9 and 5 4 higher than for the equivalent periods in 2016. Market size industry statistics. Mattress firm retains its no. Total user penetration for the industry stands at 10 5 with the average revenue per user currently totaling 389.

If that occurs the total market volume for the australian furniture industry could reach 1 9 billion. Here are the critical statistics to review for the australian furniture industry. Get up to speed on any industry with comprehensive intelligence that is easy to read. Top 25 bedding retailers.

The market is driven by various factors such as rising disposable incomes growth of real estate and hospitality industries and demand for luxury and premium furniture from certain consumer sections. View 2017 preliminary receipts for specified tables below. For all other tables view latest receipts data in the 2012 susb annual datasets by establishment industry. Banks consultants sales marketing teams accountants and students all find value in ibisworld.

Industry market size for furniture stores. The global furniture market size was valued at usd 480 7 billion in 2017 and is expected to grow at a cagr of 5 1 from 2018 to 2025.