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2025 U.S. Industry Statistics & Market Forecast - Other Furniture Related Product Manufacturing
Market Size & Industry Statistics
The total U.S. industry market size for Other Furniture Related Product 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 (%) | |||||
Industry Insights
Major trends affect the Other Furniture Related Product Manufacturing industry include:- Rising raw material costs
- Shift towards sustainable and eco-friendly materials
- Increased demand for customized and bespoke furniture
- Growth in online furniture sales
- Adoption of advanced manufacturing technologies (e.g., 3D printing, automation)
- Impact of global trade policies and tariffs
- Increasing importance of ergonomic furniture designs for health and wellness
- Expansion in residential and commercial real estate markets
- Growth in exports due to globalization
- Incorporation of smart technology in furniture (IoT)
- Changing consumer preferences towards minimalism and multifunctionality
- Fluctuations in consumer spending due to economic cycles
- Adoption of lean manufacturing and just-in-time inventory practices
- Pressure from environmental regulations and recycling requirements
- Rise in telecommuting impacting home office furniture demand
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) |
|
|---|---|---|
| Total Revenue | Order at top of page |
|
| 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 Other Furniture Related Product 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 Other Furniture Related Product 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 Other Furniture Related Product Manufacturing measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets. |
|
| 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 | 4% | Order at top of page |
||
| General and Operations Managers | 2% | |||
| Office and Administrative Support Occupations | 11% | |||
| Production Occupations | 60% | |||
| Assemblers and Fabricators | 29% | |||
| Miscellaneous Assemblers and Fabricators | 29% | |||
| Textile, Apparel, and Furnishings Workers | 14% | |||
| Sewing Machine Operators | 11% | |||
| Sewing Machine Operators | 11% | |||
| Other Production Occupations | 9% | |||
| Transportation and Material Moving Occupations | 12% | |||
| Material Moving Workers | 9% | |||
| Laborers and Material Movers | 8% | |||
| Laborers and Freight, Stock, and Material Movers, Hand | 5% | |||
Other Furniture Related Product Manufacturing Competitor Landscape & Key Companies [PREMIUM]
The most influential companies in the Other Furniture Related Product 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 Other Furniture Related Product 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 Other Furniture Related Product Manufacturing industry. |
Source:
Latest Industry News
- 2 dead and 18 injured in Southern California plane crash - Two people died and 19 were injured Thursday when a small plane crashed through the roof of a sprawling furniture manufacturing building in Southern California where at least 200 people were working, (01/02/2025)
- Worldwide Furniture Manufacturers Report 2024: Identify, Compare, And Profile The Leading Manufacturers In The $160 Billion Industry - This report is the result of extensive research work to identify, compare, and profile the leading furniture manufacturers in the world. According to the analyst, the top 200 furniture manufacturers in the world generate a combined furniture turnover of around USD 160 billion. (12/31/2024)
- Ethan Allen Interiors: A Solid Mix Of Regular And Special Dividend - Ethan Allen Interiors' vertical integration and North American manufacturing mitigate supply chain risks. Read why I think that ETD stock is a Buy. (12/31/2024)
- S6 Series By Wei Xu And Tiantian Xu Wins Iron A' Design Award In Bathroom Furniture And Sanitary Ware Design Category - S6 Series Innovative Shower Door Design Recognized for Space Optimization and Minimalist Aesthetics in Prestigious International Design (12/30/2024)
- 12 Best Land and Timber Stocks to Buy According to Analysts - Looking ahead, J.P. Morgan Asset Management anticipates strong cash yields from timberland assets, with prices and yields expected to rise further in 2025 and beyond. As the demand for sustainable investments grows, timberland is seen as a valuable asset class that can provide both economic benefits and contribute to climate solutions. (12/29/2024)
- 10 Best Lumber Stocks To Buy Right Now - The global lumber and wood market plays a crucial role in various industries, including construction, furniture, and packaging. (12/29/2024)
- How sustainable practices in modern furniture help craft a greener future - Sustainable practices in modern furniture ... and eco-friendly manufacturing processes, these innovations are transforming the industry. Furniture brands are increasingly prioritising longevity, designing durable and easy-to-repair products, reducing ... (12/27/2024)
- Davie County lures Lithuanian maker of IKEA furniture, 250 jobs to Mocksville - Products include wood veneer-covered plywood furniture, cabinets, sofas, armchairs and other furniture ... 300 jobs with shutdown of Danville manufacturing site (12/17/2024)
- ISM finds economic improvement in 2025. Including wood products, furniture - Furniture & Related Products; and Fabricated Metal Products. "Manufacturing's purchasing and supply executives expect to see overall growth in 2025. They are optimistic about overall business ... (12/16/2024)
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