Over the current five-year period, revenue for the Office Furniture Manufacturing industry is expected to increase. The industry is anticipated to benefit from a slight rise in corporate profit levels, in addition to the increasing number of US businesses. In the coming years, although the number of US businesses is anticipated to rise, increased import penetration is expected to constrain growth. Furthermore, the increasing amount of businesses that allow employees to work remotely will mitigate strong revenue gains. Still, demand of custom office space will deter significant import penetration, and revenue will increase due to steady unemployment rates and rising business numbers.
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.