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2025 U.S. Industry Statistics & Market Forecast - Household Furniture Manufacturing
Market Size & Industry Statistics
The total U.S. industry market size for Household 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.
| Statistics | 2020 2021 2022 2023 2024 | |
|---|---|---|
| Market Size (Total Sales/Revenue) |
Order at top of page | |
| Total Firms | ||
| Total Employees | ||
| Average Revenue Per Firm | ||
| Average Employees Per Firm | ||
| Average Revenue Per Employee | ||
Market Forecast
Market forecasts show the long term industry outlook and future growth trends. The following extended five-year forecast projects both short-term and long-term trends.
| Forecast / Industry Outlook | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| Market Forecast ($ millions) | |||||
| Projected Industry Growth Rate (%) | |||||
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.
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 Average | Percent of Sales (Industry Benchmark) |
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|---|---|---|
| Total Revenue | Order at top of page |
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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 Net Income | ||
Financial Ratio Analysis
Financial ratio information can be used to benchmark how a Household Furniture Manufacturing company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.| Profitability & Valuation Ratios | Industry 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 Household Furniture Manufacturing industry is performing. | |
| Profit Margin Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues. |
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| 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). |
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| Return on Assets (ROA) Return on Assets (ROA) is net income relative to total assets. The market research on Household Furniture Manufacturing measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets. |
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| Liquidity Ratios | Industry 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. |
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| Quick Ratio (Acid Test) Calculates liquid assets relative to liabilities, excluding inventories. |
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| Efficiency Ratios - Key Performance Indicators | Industry 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. |
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| Average Collection Period Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover |
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| Inventory Turnover A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort. |
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| 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. |
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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.| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|---|---|---|---|
| Management Occupations | 5% | Order at top of page |
||
| Chief Executives | 0% | |||
| General and Operations Managers | 2% | |||
| Office and Administrative Support Occupations | 9% | |||
| Production Occupations | 61% | |||
| Assemblers and Fabricators | 13% | |||
| Miscellaneous Assemblers and Fabricators | 12% | |||
| Textile, Apparel, and Furnishings Workers | 7% | |||
| Woodworkers | 26% | |||
| Cabinetmakers and Bench Carpenters | 18% | |||
| Cabinetmakers and Bench Carpenters | 18% | |||
| Other Production Occupations | 8% | |||
| Transportation and Material Moving Occupations | 8% | |||
| Material Moving Workers | 6% | |||
Household Furniture Manufacturing Competitor Landscape & Key Companies [PREMIUM]
The most influential companies in the Household Furniture Manufacturing industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Household Furniture Manufacturing industry and adjacent sectors:| Market Leaders: Direct Competitors Companies with the largest market share, focused in this industry |
Market leaders: Diversified Competitors Largest companies that have diversified operations in this and other industries |
| Innovators: Direct Competitors Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry. |
Innovators: Diversified Competitors Innovators and Disruptors in adjacent industries that may also affect the Household Furniture Manufacturing industry. |
Source:
Latest Industry News
- Major furniture company shuts down and liquidates; no bankruptcy - Custom wood cabinetry manufacturer and retailer Worthy's Run Furniture LLC filed for Chapter 11 bankruptcy protection on May 28 to reorganize its business. The Hagerstown, Md., furniture company did not indicate a reason for filing for bankruptcy in its petition. (07/08/2025)
- How to understand home energy use — and cut costs - These are a few tools and solutions homeowners can explore to better understand how to make a space more energy efficient. (07/08/2025)
- Top 7 Restaurant Furniture Manufacturers in India - And one of the most crucial elements that create that perfect ambiance is restaurant furniture. The right furniture not only enhances the aesthetic appeal but also ensures comfort, durability, and functionality for your guests. (07/02/2025)
- Furniture industry faces headwinds despite some gains - Global Furniture Group (#18) received a People’s Choice Award at NeoCon for its Open Spaces collection, which offers a wide range of layout possibilities, from straight runs to zig zags and wing runs to bullpen enclosures. (07/01/2025)
- Montreal’s Dorel Industries to end furniture manufacturing in Canada - Dorel Industries Inc. PSB-T +0.37% is restructuring its operations to cut the size of its home segment and eliminating its domestic manufacturing operations based in Cornwall, Ont. The company said Monday the decision to cease all Dorel Home manufacturing operations in North America was made after an extensive review. (06/30/2025)
- Dorel Home closing North American manufacturing operations and reducing product portfolio - Dorel Industries Inc. announced a substantial reduction in the size of its Home segment, including eliminating products and refocusing on profitable categories and shuttering manufacturing operations at its factory in Cornwall, (06/30/2025)
- Urbanica Launches Premium Ergonomic Office Furniture Tailored for Home and Hybrid Workspaces - Years of Manufacturing Expertise Brought to Direct-to-Consumer Market with Customizable Standing Desks and Wellness-Centric DesignLOS ANGELES, June 27, 2025 (GLOBE NEWSWIRE) -- Urbanica Furniture, a family-owned brand with over three decades of experience in high-quality furniture manufacturing, (06/27/2025)
- Egypt: HMZ Group launches ‘Joint’ furniture manufacturing arm with $4mln investment - The launch coincides with the inauguration of the Joint Plant, a state-of-the-art factory located in the 6th of October Industrial Zone (06/25/2025)
- Philippine delegation presents its ‘Handcrafted for the World’ - Puyod, Senior Reporter Following a six-year hiatus resulting from the constricting Novel Coronavirus 2020, a delegation of Filipino (05/27/2025)
- Your new sofa could be the first sign tariff inflation is hitting home - While tariff-fueled inflation has yet to show up broadly in the economy, it could be driving a noticeable uptick in the cost of furniture and other household furnishings. (05/25/2025)
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