Furniture Repair & Reupholstery in the US
The Furniture Repair and Reupholstery industry is composed of establishments that reupholster, refinish, repair and restore office, home and antique furniture. As with many other players in the repair sector, industry demand is generally countercyclical. During times of economic distress, cash-strapped consumers and businesses favor repairing furniture over replacing it. When the economy expands and disposable income levels rise, households and businesses are more compelled to purchase new furniture rather than repair existing items. However, as the US economy experienced strong growth over the five years to 2018, industry operators were able to capitalize on positive macroeconomic conditions, and the the recent trendiness of “upcycling,” or repurposing old furniture as a means of saving money, profiting or aiding the environment. Over the five years to 2023, however, the economy is expected to continue expanding, while the industry will likely return to its countercyclical nature and decline.
This industry is involved in reupholstering, refinishing, repairing and restoring furniture. Participants offer on-site and in-store furniture reupholstery and repair services. Automotive vehicle upholstery repair services and the restoration of museum pieces are not included in this industry.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.