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Wood Office Furniture Manufacturing Industry Analysis

Identify industry changes, evaluate the market size, market outlook, trends, key players, and growth opportunities.

Contents Standard Report Premium Report
Industry Overview & Outlook . .
Market Size (industry trends) . .
Market Forecast (5-year projection)   .
Products/Services Breakdown   .
Revenue per State . .
Financial Metrics . .
Salary & Compensation Benchmarks . .
Key Companies   .
Industry News & Innovators   .
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2018 Market Analysis & Industry Outlook: Wood Office Furniture Manufacturing


Overview of the U.S. Wood Office Furniture Manufacturing Industry

This section provides answers to key questions about the industry:
  1. What is the total market size (industry revenue)?
  2. What is the industry outlook?
  3. Market Analysis: Is the market growing or declining, and how quickly?
  4. Are long-term forecasts positive or negative?
  5. What is the average company size in the industry?
  6. How many companies are in the industry?

Market Size & Industry Statistics

The total U.S. industry market size for Wood Office Furniture Manufacturing: 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.

Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.

market size 2018
Charts and graphs can be copied to Microsoft Word and Powerpoint presentations.

Statistics 2012        2013        2014        2015        2016        2017
Market Size
(Total Sales/Revenue)


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Total Firms
Total Employees
Average Revenue Per Firm
Average Employees Per Firm
Statistics Source: U.S. Census, AnythingResearch Market Analysis



Market Forecast[PREMIUM]

Market forecasts show the long term industry outlook and future growth trends. The following five-year demand forecast projects both short-term and long-term trends.

market forecast

Forecast / Industry Outlook 2017 2018 2019 2020 2021 2022
Market Forecast ($ millions)
Projected Industry Growth Rate (%)
Source: AnythingResearch Economic Analysis

Product & Services Breakdown

Research products and services in the Wood Office Furniture Manufacturing industry generating sales. Note that products are broken into categories with different levels of classification.

Product Description Sales ($ millions) Percent of Total Sales

Industry Total

Wood Office Furniture Manufacturing

Wood Office Seating, Including Upholstered

Wood Office Desks And Desk Extensions

Wood Office Files, Storage Units, And Tables

Wood Office Furniture, Other Types (Including Panel And Desking System Accessories And Components)

Wood Office Furniture Manufacturing, Not Categorized, Total

Office Furniture (Except Wood) Manufacturing

Office Seating, Including Upholstered, Excluding Wood



U.S. Geographic Distribution: Revenue Statistics by State

Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.

U.S. map of Wood Office Furniture Manufacturing by state

Wood Office Furniture Manufacturing Industry Price Trends

Rise and fall in market prices are affectedd by supply, demand, and the cost of goods/services sold. Higher demand or COGS will put upward price pressure on prices. Higher competition among Wood Office Furniture Manufacturing companies will put a downward pressure on prices. The chart shows how prices are changing within the industry, month-to-month over the last three years.

price index trends

Income Statement (Average Financial Metrics)

Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.

Industry AveragePercent of Sales
(Industry Benchmark)
Total Revenue

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Operating Revenue
Cost of Goods Sold
Gross Profit

Operating Expenses
Pension, profit sharing plans, stock, annuity
Repairs
Rent paid on business property
Charitable Contributions
Depletion
Domestic production activities deduction
Advertising
Compensation of officers
Salaries and wages
Employee benefit programs
Taxes and Licenses
Bad Debts
Depreciation
Amortization
Other Operating Expenses
Total Operating Expenses
Operating Income
Non-Operating Income
EBIT (Earnings Before Interest and Taxes)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit
 
Source: AnythingResearch Analysis of U.S. federal statistics




Financial Ratio Analysis

Financial ratio information can be used to benchmark how a Wood Office Furniture Manufacturing company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.

Profitability & Valuation RatiosIndustry Average
Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Wood Office Furniture Manufacturing industry is performing.
Profit Margin
Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues.
Return on Equity (ROE)
Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings).
Return on Assets (ROA)
Return on Assets (ROA) is net income relative to total assets. The market research on Wood Office Furniture Manufacturing measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets.


Liquidity RatiosIndustry Average
Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability.
Current Ratio
Measures a firm's ability to pay its debts over the next 12 months.
Quick Ratio (Acid Test)
Calculates liquid assets relative to liabilities, excluding inventories.


Efficiency Ratios - Key Performance IndicatorsIndustry Average
Measure how quickly products and services sell, and effectively collections policies are implemented.
Receivables Turnover Ratio
If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections.
Average Collection Period
Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover
Inventory Turnover
A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort.
Fixed-Asset Turnover
Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue.



Compensation & Salary Surveys for Employees

Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.

TitlePercent of WorkforceBottom Quartile Average (Median) SalaryUpper Quartile
Management Occupations 6%

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Chief Executives0%
General and Operations Managers2%
Office and Administrative Support Occupations 10%
Production Occupations 60%
Assemblers and Fabricators 13%
Miscellaneous Assemblers and Fabricators 13%
Team Assemblers 11%
Metal Workers and Plastic Workers 10%
Woodworkers 22%
Cabinetmakers and Bench Carpenters 13%
Cabinetmakers and Bench Carpenters 13%
Woodworking Machine Setters, Operators, and Tenders 6%
Woodworking Machine Setters, Operators, and Tenders, Except Sawing 5%
Other Production Occupations 7%
Transportation and Material Moving Occupations 6%
Source: Bureau of Labor Statistics


Wood Office Furniture Manufacturing Industry Market Share [PREMIUM]

Largest companies in the industry and related industries, with private company revenue estimates.

CompanyAddressRevenue Estimate









Innovation News

  • Craftique Inc trademarks "CRAFTIQUE" - FURNITURE-TO WIT, DINING ROOM FURNITURE CONSISTING OF CHAIRS, TABLES, SIDEBOARDS, CUPBOARDS, CHESTS, SERVING TABLES, DROP LEAF TABLES, CHINA CUPBOARDS, CORNER CUPBOARDS; AND LIVING ROOM FURNITURE-TO WIT, COFFEE TABLES, COFFEE END TABLES, PEMBROKE TABLES, OCCASIONAL TABLES AND DESKS - 07/17/2012




  • Top Innovators

    CompanyInnovation Score
    Fursys
    Nienkamper Furniture & Accessories
    Gunlocke

    Additional companies, details and innovation scoring in the full report.

    Latest Industry News

    • Jaime's Local Love: The Barn Door Store - The Barn Door Store is a barn door and farmhouse style furniture and accessories manufacturing company. The Kings craft their beautiful barn doors and creations from reclaimed barn wood and other ... Coconino County Sheriff's Office has released jail ... (01/10/2018)
    • Constructive duty policy a must for the growth of furniture industry - Selim H Rahman, managing director of furniture manufacturing ... processed wood, medium density fiber board, laminated board, particleboard, and rattan, bamboo and wrought iron furniture. As per the EPB, Bangladesh currently exports office furniture ... (01/09/2018)
    • How Robots Are Helping A Furniture Shop Without Putting Workers Out Of Jobs - JOSH WEISSMAN: Back in the '80s and '90s there was a lot of furniture manufacturing done in north central Massachusetts ... floor for eight to 10 hours a day picking up a piece of wood and putting it through a sanding machine. WEISSMAN: When we put ... (01/09/2018)
    • Misleading furniture labels: How to tell whether you have the real deal - The old FTC guideline said manufacturers should not use wood names on their labels unless ... “Bonded leather” is the scourge of the upholstered furniture industry. I foolishly purchased a bonded leather office chair for my own home several years ... (01/09/2018)
    • A.R.T. names Streba director of marketing - Streba joined A.R.T. in July 2016 with previous experience with furniture manufacturers ... with F/T covering wood furniture, the last five of those as case goods editor. While I cover occasional, home entertainment and home office here, a major ... (01/08/2018)
    • Sales for FDMC 300 wood industry leaders increase 5 percent in 2017 - This group of the 300 largest North American cabinet, millwork, furniture ... their wood retail display operations and are reported to be only making metal store fixtures. This is the initial report from the FDMC 300, the annual summary of wood ... (01/05/2018)
    • Wood Moulding Manufacturing Facility in Oregon Offered for Turnkey Sale - Other assets include rolling stock, conveyer systems and office furniture. Intellectual property ... http://www.prnewswire.com/news-releases/wood-moulding-manufacturing-facility-in-oregon-offered-for-turnkey-sale-300472585.html (06/13/2017)
    • Institutional And Office Furniture Manufacturing Market Global Briefing 2017 - LONDON, Jan. 24, 2017 /PRNewswire/ -- The institutional and office furniture manufacturing ... fuel consumption and recycling sheet metal and wood by?products. Companies manufacturing ecofriendly furniture products procure wood from plantations that ... (01/24/2017)
    • Growing Demand for Customization of Office Furniture to Drive the Recycled Office Furniture Market in the US Until 2020, Reports Technavio - LONDON--(BUSINESS WIRE)--Technavio analysts forecast the recycled office furniture market in the US ... long-term ecological sustainability while manufacturing furniture products, and use wood that is sourced from sustainably grown forests. (08/08/2016)


    Government Contracts

    In 2016, the federal government spent a total of $81,094,409 on Wood Office Furniture Manufacturing. It has awarded 2,825 contracts to 312 companies, with an average value of $259,918 per company.   

    Top government vendors:

    CompanyFederal ContractsTotal Award Amount





    Segments classified within this market research report

    This industry market research report includes companies whose primary business is any of the following:
    Cabinets, wood office-type, freestanding, manufacturing, Modular furniture systems, wood frame office-type, Desks, Filing cabinets, wood, office type, Office furniture, padded, upholstered, or plain wood, Bookcases, Chairs, Furniture, office-type, Tables, etc.



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