The market is dominated by domestic suppliers, as imports account for 38.0% of total market size in 2022. Households drive market demand, with household spending representing 61.7% of total demand in 2022. The US has the largest market size for furniture across the top 20 developed countries, with demand reaching USD271 billion in 2022. Lear Corp is the largest company in the US, generating 4.2% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 16.4% of total production value in 2022. The total number of companies increases in 2022, to 26,132 units. The costs of the industry increase by 9.4% in 2022, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 12.5% of production value in 2022, the seventh highest across the top 20 developed countries. The industry’s exports share increases in 2022 to 1.8% of total production output. With production value of USD85.0 billion, the US accounts for 87.0% of the North America total in 2022.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF.
This Euromonitor industrial report provides unique information on Furniture in the US: ISIC 361. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Furniture in the US: ISIC 361 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
Household Goods is an aggregation of Furniture, Jewellery and Related Articles, Musical Instruments; Imitation Jewellery, Brushes and Other Personal Items, Sports Goods, Toys and Games, Watches and Clocks.
See All of Our DefinitionsIf you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!