Research and Markets (http://www.researchandmarkets.com/reports/c35963) has announced the addition of Furniture Manufacturing - Industry Profile to their offering.

Furniture manufacture in the US generates about $65 billion in sales from 20,000 companies. While the largest manufacturers like Steelcase and Herman Miller (office furniture); La-Z-Boy; Sealy; and Furniture Brands International operate many factories, the average company operates a single plant and produces less than $50 million in annual revenue. Some sectors, such as metal office furniture, are highly concentrated, but the industry as a whole is fragmented: the largest 50 companies hold less than 50 percent of the market.

The volume of home furniture sold depends heavily on the level of home sales, while office furniture sales depend on the health of the US economy. The profitability of individual companies is closely linked to volume, since many costs are fixed. Small companies can compete effectively if they produce specialty items or high-quality workmanship that can sell for a premium price. Imports have become a major competitive factor.

Manufacturers generally specialize in either household furniture ($40 billion market) or office furniture ($25 billion). Within the household segment, wood furniture accounts for about 60 percent of sales; upholstered furniture 30 percent; and mattresses, metal furniture, and other products 10 percent. Products include “case goods” (bedroom, living room, and dining room furniture); upholstered items like sofas and recliners, kitchen cabinets, mattresses and box springs; and other items such as occasional furniture, home entertainment centers, and grandfather clocks.

These easy-to-use, quarterly industry profiles provide you with the industry analysis you need to better understand any particular business. They synthesize information from hundreds of sources into an easy to digest format, giving you invaluable information about your target market, highlighting critical industry statistics and issues, changes that have taken place since the last quarterly update and key concerns that can have negative or positive impacts on investments. Utilizing the financial and forecasting data while simultaneously learning from educational business overviews can help you and your customers plan more effectively and invest wisely.

These industry reports will educate your sales team on critical industry trends in target markets, empowering them to create more strategic proposals. These industry reports are also essential for professional organizations that want make savvy, educated business decisions.

Key topics covered:

* Industry Overview
* Quarterly Industry Update
* Business Challenges
* Trends and Opportunities
* Call Preparation Questions
* Financial Information
* Industry Forecast
* Website and Media Links
* Glossary of Acronyms

For more information visit http://www.researchandmarkets.com/reports/c35963

Contact:

Research and Markets
Laura Wood
press@researchandmarkets.com
Fax: +353 1 4100 980

Source: Research and Markets

This entry was posted on Saturday, April 22nd, 2006 at 4:45 pm and is filed under Furniture. Tags: Dining Room Furniture, Furniture, Furniture Brands International, Grand, Herman Miller, Home Furniture, La-Z-Boy, metal, metal furniture, metal office furniture, Office Furniture, Price, products, room furniture, Sealy, Small, steel, Steelcase, Target, United States, . You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.