Household and Institutional Furniture Manufacturing – 2024 U.S. Market Research Report

Publish Date: February 2024

This 63-page market research report provides a comprehensive analysis on the $25.2 billion household and institutional furniture manufacturing industry in the United States. This report covers more than 100 statistical data sets with historical trend data from 2015 to 2023, and 2024 and 2028 forecasts. The source of the data is from annual comprehensive surveys from a majority companies in the household and institutional furniture manufacturing industry.

This report has the in-depth industry insights you are looking for as it covers market size & growth, 26 expense categories, financial ratio benchmarks, extensive forecasts, inventory trends & analysis, detailed breakdown of 31 balance sheet items, company segmentation analysis, industry concentration analysis, production material costs, profitability analysis, state metrics analysis, plant productivity benchmarks, employee role analysis, 4 years of inflation analysis, employee pay analysis, employee productivity benchmarks, and much more.

Household and Institutional Furniture Manufacturing Report


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The 2024 U.S. Household and Institutional Furniture Manufacturing Industry Market Research Report is 63 pages of deep insights into the trends, dynamics, and forecasts shaping the industry. Professionals leverage this report to develop a deep factual understanding of the market for business planning, forecasting, OPEX benchmarking, understanding industry dynamics, opportunity analysis, P&L and balance sheet analysis, plant productivity, understanding the market, valuations, workforce optimization, sales & marketing benchmarking, productivity benchmarking, operational streamlining, gap analysis, and a ton more.

Below are a few page images from the report and check out the table of contents for a complete overview.

household and institutional furniture manufacturing market size chart

Operating expense chart for household and institutional furniture manufacturing

Household and Institutional Furniture Manufacturing Profit

household and institutional furniture manufacturing BCG Matrix

Household and Institutional Furniture Manufacturing Factory Capacity Utilization Trend

Household and Institutional Furniture Manufacturing Organizational Breakdown Chart


Industry Definition


This industry includes companies primarily engaged in manufacturing household-type and public building furniture (i.e., library, school, theater, and church furniture). The furniture may be made on a stock or custom basis and may be assembled or unassembled (i.e., knockdown). 

NAICS Code: 33712

Total # of Companies: 3,822

Total # of Factories / Facilities: 4,164

Industry Employees: 126,865

Market Size: $25.2 billion

Product Lines Covered


Upholstered household furniture manufacturing
Institutional furniture manufacturing
Nonupholstered wood household furniture manufacturing
Metal household furniture manufacturing
Household furniture (except wood and metal) manufacturing

Table of Contents


Review the table of contents of the Household and Institutional Furniture Manufacturing Industry Report to appreciate why thousands of professionals, bankers, consultants, accountants, and other executives rely on Kentley Insights for data-rich industry insights.


1-2 – Report Overview & Contents

3 – Industry Overview
– Data Sources & Methodology
– Sector Definition & Examples

4 – Report Synopsis – Revenue & Growth

5 – Report Synopsis – Costs & Profitability

SECTION ONE
REVENUE & GROWTH

7 – Market Size Details
– Industry Revenues, Companies, & Facilities
– Analysis 2015-2023
– 2024 & 2028 Forecasts

8 – Growth Benchmarks
– Sales per Company and Plant
– Analysis 2015-2023
– 2024 & 2028 Forecasts

9 – Product Lines Revenue

10 – BCG Matrix – Income vs. Revenue Growth

11 – Total Industry Sales by Month & Year (2019-2023)

12 – Inventory Value by Month & Year (2019-2023)

13 – Months of Inventory (2019-2023)

14 – Sector Revenue by Segments
– Business Concentration, Size, & Structure

15 – Market Size by State
– Market Size and Rankings

16 – Market Size as a % of State GDP

17 – Industry Sales as a % of State Manufacturing

18 – Industry Segmentation by Business Size

19 – Industry Segmentation by Business Size
– Business Size Segments – 1-4, 5-9, 10-20, 21-50, 51-100, 101-250, & 250+ employees
– Companies, Facilities, Sales, Employees & Payroll

20 – Industry Segmentation by Concentration (Top 50 Companies)
– Concentration Segments – Top 4, 5-8, 9-20, & 21-50 companies
– Companies, Facilities, Sales, Employees & Payroll

21 – Industry Market Share of Top 50 Companies

22 – Subsector Market Share of Top 50 Companies

23 – Industry Segmentation by Business Structure
– Business Structure Segments – C-Corporations, S-Corporations, Partnerships, & Sole Proprietorships
– Companies, Facilities, Sales, Employees & Payroll

24 – Revenue per Company by State

25 – Revenue per Company by Segments

26 – Revenue per Facility by State

27 – Revenue per Facility by Segment

28 – Subsector Market Size & Growth

29 – Subsector Sales per Company & Plant

30 – 5-Year Consolidation Analysis

31 – Employment Consolidation Analysis

32 – Subsector Consolidation Analysis
– Number of Companies & Facilities

33 – Subsector Consolidation Analysis
– Facilities & Employees per Company

SECTION TWO
COST, CAPITAL & FINANCIALS

35 – Profitability & Financial Ratio Analysis

Page 36 – Balance Sheet Metrics
– Assets and Liabilities indexed to industry revenue at 100
– 16 Current & Non-Current Assets Categories
– 15 Short-term, Long-term Liabilities, & Net Worth

37 – OPEX
– Industry OPEX Analysis
– 2015-2023 Trends, 2024 & 2028 Forecasts

38 – OPEX by Company & Plant
– OPEX per Company & Plant
– 2015-2023 Trends, 2024 & 2028 Forecasts

Page 39 – OPEX Detail
– 6 Employee Expense Categories
– 8 Cost of Material Categories
– 6 Buildings and Equipment Categories
– 8 Other Operating Expense Categories
-Inventory Breakdown: finished goods, work-in-progress, materials and supplies

40 – Production Material Costs
– Top Production Material Costs Breakdown
– % of Total Production Material Cost

41 – Producer Pricing Index
– 2015-2023 Trends, 2024 & 2028 Forecasts
– Monthly PPI Figures for the Past 4 Years

42 – Plant Utilization & Hours
– Plant Utilization Rate
– Plant Operational Hours per Week
– 2020-2023 Historical Figures by Quarter

43 – Reasons for Non-Full Production
– 7 Categories Quarterly Survey Results for Past 2 Years

44 – Productivity & Industry Employment
– Revenue per Employee
– Total Industry Employees
– Employees per Company
– 2015-2023 Trends, 2024 & 2028 Forecasts

45 – Employee Productivity by Segments

46 – Employee Productivity by State

47 –Subsector Sales & Payroll per Employee

48 – Industry Payroll
– Payroll per Employee, Company, & Plant
– 2015-2023 Trends, 2024 & 2028 Forecasts

49 – Payroll per Company by Segments

50 – Payroll per Plant by Segments

51 – Payroll per Employee by Segments

52 – Payroll per Employee by State

53 – Employee Composition
– % of Employees for 27 Job Categories

54 – Job Categorization Pay Ranges
– Pay Bands – Bottom 10% & 25%, Mean, Top 25% & 10%

55 – Top 20 Jobs Breakdown

56 – Top 20 Jobs Pay
– Pay Bands

57 – Employees per Company by Segments

58 – Employees per Plant by Segments

59 – Facilities per Company by Segments

60 – Total Employment by State

61 – Population to Every Employee by State

62 – Employees per Facility by State

63 – Overview of Kentley Insights


Data Sources & Forecast Methodology


The data source for the report is extensive annual expense, revenue, wage, operational, and economic surveys administered by federal and private institutions and filled out by a majority of companies in the household and institutional furniture manufacturing industry. Our analysts develop the forecasts utilizing econometric models based on historical statistical analysis, industry trends and dynamics, macroeconomic analysis & forecasts.

Sample Report Download


Click on the image to download a full sample report. The 2024 Household and Institutional Furniture Manufacturing Market Research Report has the same format and data sets.

Wood Kitchen Cabinet Countertop Manufacturing Report

Report Details


Report: Household and Institutional Furniture Manufacturing Industry Market Research Report

Number of Pages: 63

Format: PDF

Price: $295

Support Contact:
Email us at support@kentleyinsights.com
Call us at 1-800-613-3611

Related Reports:
Other Furniture Cabinets Manufacturing Market Research Reports
Furniture and Related Product Manufacturing
Furniture and Kitchen Cabinet Manufacturing
Wood Kitchen Cabinet and Countertop Manufacturing
Upholstered Household Furniture Manufacturing
Nonupholstered Wood Household Furniture Manufacturing
Metal Household Furniture Manufacturing

Industry Jobs Analyzed


Woodworkers
Textile, Apparel, and Furnishings Workers
Other Production Occupations
Assemblers and Fabricators
Material Moving Workers
Supervisors of Production Workers
Construction Trades Workers
Metal Workers and Plastic Workers
Material Recording, Scheduling, Dispatching, and Distributing Workers
Sales Representatives, Wholesale and Manufacturing
Top Executives
Other Office and Administrative Support Workers
Other Installation, Maintenance, and Repair Occupations
Information and Record Clerks
Business Operations Specialists
Financial Clerks
Secretaries and Administrative Assistants
Operations Specialties Managers
Motor Vehicle Operators
Drafters, Engineering Technicians, and Mapping Technicians

Material Cost Categories


Cost of all other materials and components, parts, containers, and supplies consumed
Materials, ingredients, containers, and supplies, nsk
Furniture frames and parts (excluding metal)
Woven textile fabrics, including broadwoven and narrow fabrics
Misc. fabricated metal products (excluding hardware, containers, screw machine, bearing components, castings, forgings, and wire)
Plastics products (including packaging, foam products, film, sheet, rod, tube, fabricated shapes, bottles, etc.)
Paper and paperboard products
Other misc. textile products, including paddings and upholstery filling, batting, and wadding; and trimmings and findings
Hardwood and softwood veneer and plywood
Nonwoven textile fabrics, including knits, felts, etc.
Metal forgings
Hardware (builder’s, vehicle, furniture, luggage, etc.), excluding aircraft metal hardware
Misc. aluminum-base alloy shapes and forms, including powder
Rough and dressed hardwood lumber
Paints, varnishes, stains, lacquers, shellacs, japans, enamels, and allied products
Reconstituted wood products, including particleboard, waferboard, hardboard, MDF, and cellulosic fiberboard
Wood cut stock and dimension
Rough and dressed softwood lumber
Steel sheet, steel strip, and tin mill products
Misc. iron, steel, and ferroalloy ingot, shapes, and forms (excluding castings, forgings, bars, structural, wire, sheet, strip)

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