With less discretionary income available during the recession, consumers cut back or delayed their purchases of big-ticket items, including new furniture for their homes. Furthermore, reduced demand from businesses hurt the Furniture Wholesaling industry. While changes in the structure of the furniture supply chain have dampened demand for wholesalers, the improved economy will support modest revenue growth over the next five years.
This industry wholesales a broad range of furniture for homes, such as bed frames and sofas, and furniture for offices, schools, hotels and other various businesses. Wholesalers purchase goods from domestic and international manufacturers and sell them to department stores, furniture specialty shops and other respective businesses.
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.