Discover all statistics and data on U.S. Furniture Retail now on statista.com! Total retail sales of the U.S. home furnishings industry, 163,443m, Details. Prior to 2011, furniture stores experienced a dramatic decline in demand when the housing market crashed. Industry revenue has rebounded gradually ever since as consumers gained more confidence in the economy. Operators in the Online Household Furnitures Sales industry have performed well over the five-year period. Although the recession slowed revenue growth, online retailers were less affected than traditional brick-and-mortar retailers.
Current furniture financial earnings, industry analysis reports, industry trends and market news on the top publicly held furniture companies. A solid uptick in revenue and same-store sales at Leon’s Furniture wasn’t enough to overcome a loss in its investment portfolio during the first quarter. Complete information source for the furniture industry featuring retailer and manufacturing news, plus product trends and market analysis. BMTC reports 3.8 Q1 sales increase. Welcome to Furniture/Today’s Research blog where we take a look at interesting research data related to the home furnishings industry. The data, compiled by Furniture/Today’s Research Team, includes industry-size figures such as consumer spending on furniture and bedding, furniture and bedding retail sales five-year projections, sales by distribution channel and overall sales through furniture stores.
As many of you already know, the furniture industry is on fire right now both online and offline. Several multichannel retailers posted increases in revenue in the second quarter, 2014, including:. Industries in the Furniture and Home Furnishings Stores subsector retail new furniture and home furnishings from fixed point-of-sale locations. First-line supervisors/managers of retail sales workers. The total market size of the furniture industry, accounting for related accessories, floor coverings, and draperies operate within a 30 billion dollar industry. The following list illustrates the market share of the different sales channels within the furniture industry.
Furniture Industry Market Statistics, Financial Analysis, Business News & Reports
The online furniture sales and rental industry includes the buying, selling and rental of residential and business furniture, including living room furniture, dining and kitchen furniture, bedroom furniture and office furniture. Companies in this industry manufacture household, office, and institutional furniture and related products, including mattresses. During the economic recession, the furniture retail industry was negatively impacted as consumers cut back on non-essential spending, but now there is an uptick in demand. The industry is extremely concentrated, with 50 of the largest U.S. stores accounting for 75 percent of the industry revenue. Most Recent Furniture Industry Sales Education Articles. Opportunity Doesn’t Knock, It Rings! Volume 146 NO.2 March/April, Furniture World Magazine. Production is the total shipments, or sales, value of office furniture manufacturers located in the U.S. to all locations in the world. Consumption represents the value of all office furniture sold in the U. The office furniture business is an extremely useful economic indicator. The ups and downs of this industry are not standalone indicators that you can use to time the market.
Six Trends About The Furniture Industry Loving Right Now
Market Research Report: Furniture Retailing industry. Date: Mar 2016 Well furnished: Rising discretionary income has driven revenue growth. The widespread acceptance of internet shopping has contributed to rapid industry growth over the past five years. The Online Household Furniture Sales industry is forecast to grow by 15. The Czech Republic’s 2014 revenue for its furniture exports reached 4. Recently, the US experienced a housing crisis, and it in turn placed the Canadian furniture industry in a bind. MANILA, PHILIPPINES: According to The Philippine Star, the Philippines furniture industry is projecting a 25 percent growth in revenues this year citing demand from the domestic market as well as recovery in key export markets.
China’s furniture industry generated 355.8 billion yuan of main operating revenue in the first six months of 2015, up 8.4 percent year on year. Industries sales and income growth for Furniture & Fixtures Industry, by Company, charts and comparisons – CSIMarket.