Office Furniture Manufacturing in California
The Office Furniture Manufacturing industry in California has contracted slightly over the past five years. The industry at large has been battered by import penetration over the past five years, and manufacturers of stock office furniture in the state have not escaped the broader trend. Partly due to the relatively high costs in the state, the California industry has outperformed the national industry, which has actually grown slightly over the period. Over the five years to 2017, industry revenue is expected to decline at an annualized rate of 0.3% to $1.7 billion. Nevertheless, the Office Furniture Manufacturing industry in California is projected to continue declining over the next five years. Import competition experienced by the national industry will continue to undercut producers of stock furniture, which accounts for a majority of industry sales.
Operators in the Office Furniture Manufacturing industry manufacture a wide range of office furniture, including bookcases, cabinets, chairs, desks and filing cabinets. This industry also manufactures office and store fixtures, such as cafeteria countertops (except kitchen and bathroom), furniture parts and partitions. Furniture may be ordered predesigned or customized, and may be sold assembled or unassembled.
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.