Latest Report Update: Oct 15, 2021

U.S. Household Furniture (Except Wood And Metal) Market. Analysis And Forecast to 2025
Update: COVID-19 Impact

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U.S.: Household Furniture Market Overview 2021

Household Furniture Market Size in the U.S.

In 2020, the U.S. household furniture market decreased by -X% to $X, falling for the second consecutive year after twelve years of growth. Overall, consumption, however, posted a buoyant expansion. The pace of growth was the most pronounced in 2015 when the market value increased by X% year-to-year. Household furniture consumption peaked at $X in 2018; however, from 2019 to 2020, consumption remained at a lower figure.

Household Furniture Production in the U.S.

In value terms, household furniture production reached $X in 2020. In general, production recorded resilient growth. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% year-to-year. Household furniture production peaked at $X in 2018; afterwards, it flattened through to 2020.

Household Furniture Exports

Exports from the U.S.

In 2020, shipments abroad of household furniture (except wood and metal) decreased by -X% to X units, falling for the third consecutive year after eleven years of growth. Over the period under review, exports recorded a sharp shrinkage. The growth pace was the most rapid in 2017 when exports increased by X% year-to-year. As a result, exports reached the peak of X units. from 2018 to 2020, the growth exports remained at a lower figure.

In value terms, household furniture exports reduced to $X in 2020. Overall, exports saw a mild reduction. The pace of growth appeared the most rapid in 2016 with an increase of X% year-to-year. As a result, exports attained the peak of $X. from 2017 to 2020, the growth exports remained at a somewhat lower figure.

Exports by Country

Honduras (X units), Guatemala (X units) and the UK (X units) were the main destinations of household furniture exports from the U.S., with a combined X% share of total exports.

From 2013 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Honduras, while exports for the other leaders experienced a decline.

In value terms, Canada ($X) remains the key foreign market for household furniture exports from the U.S., comprising X% of total exports. The second position in the ranking was occupied by Bahamas ($X), with a X% share of total exports. It was followed by the UK, with a X% share.

From 2013 to 2020, the average annual rate of growth in terms of value to Canada stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bahamas (+X% per year) and the UK (-X% per year).

Export Prices by Country

In 2020, the average household furniture export price amounted to $X per unit, jumping by X% against the previous year. In general, the export price saw a significant expansion. As a result, export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was Canada ($X per unit), while the average price for exports to Slovakia ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Bahamas (+X% per year), while the prices for the other major destinations experienced more modest paces of growth.

Household Furniture Imports

Imports into the U.S.

In 2020, purchases abroad of household furniture (except wood and metal) decreased by -X% to X units, falling for the second year in a row after twelve years of growth. Over the period under review, imports, however, continue to indicate buoyant growth. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Imports peaked at X units in 2018; however, from 2019 to 2020, imports remained at a lower figure.

In value terms, household furniture imports expanded to $X in 2020. In general, imports, however, showed a resilient expansion. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, China (X units) constituted the largest supplier of household furniture to the U.S., with a X% share of total imports. Moreover, household furniture imports from China exceeded the figures recorded by the second-largest supplier, Viet Nam (X units), ninefold. Taiwan (Chinese) (X units) ranked third in terms of total imports with a X% share.

From 2013 to 2020, the average annual rate of growth in terms of volume from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Viet Nam (+X% per year) and Taiwan (Chinese) (+X% per year).

In value terms, China ($X) constituted the largest supplier of household furniture to the U.S., comprising X% of total imports. The second position in the ranking was occupied by Viet Nam ($X), with a X% share of total imports. It was followed by Malaysia, with a X% share.

From 2013 to 2020, the average annual rate of growth in terms of value from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Viet Nam (+X% per year) and Malaysia (+X% per year).

Import Prices by Country

The average household furniture import price stood at $X per unit in 2020, increasing by X% against the previous year. In general, the import price continues to indicate resilient growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Malaysia ($X per unit), while the price for Taiwan (Chinese) ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Malaysia, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the leading suppliers of household furniture (except wood and metal) to the U.S.?
+
In value terms, China ($1.4B) constituted the largest supplier of household furniture to the U.S., comprising 71% of total imports. The second position in the ranking was occupied by Viet Nam ($147M), with a 7.6% share of total imports. It was followed by Malaysia, with a 4.6% share.
What are the leading importers of household furniture (except wood and metal) from the U.S.?
+
In value terms, Canada ($66M) remains the key foreign market for household furniture exports from the U.S., comprising 42% of total exports. The second position in the ranking was occupied by Bahamas ($7.1M), with a 4.6% share of total exports. It was followed by the UK, with a 4.3% share.
What is the average export price for household furniture (except wood and metal) in the U.S.?
+
The average household furniture export price stood at $115 per unit in 2020, surging by 1,647% against the previous year.
What is the average import price for household furniture (except wood and metal) in the U.S.?
+
In 2020, the average household furniture import price amounted to $19 per unit, rising by 264% against the previous year.

Product coverage:
• NAICS 337125 - Household furniture (except wood and metal) manufacturing

This report provides an in-depth analysis of the household furniture market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Companies mentioned:
• Sauder Woodworking Co.
• Suncast Corporation
• Lifetime Products
• Grosfillex
• Vinotemp International Corporation
• The Thomas Monahan Company
• Fremarc Industries
• Pi, Stein World
• Acrylic Distribution Corporation
• Crown Column & Millwork Company
• Conquest Financial Management Corp.
• D & R Fabrication
• One Up Innovations
• California Furniture Collections
• Ace Bayou Corp.
• Sunterrace Casual Furniture
• American Furniture Manufacturing
• Yogibo, Creative Leather Furniture
• Wadley Holdings
• Triwood Decorative Solutions
• Flanders Industries
• Standard Container Company of Edgar
• Delta Composites
• GLS Assoc, Liberator
• Daniel's Amish Collection
• Paxton Sales
• Nicholas Michael Designs
• Pacific Furniture Industries
• Komfy Kings

Country coverage:
• USA

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the U.S.
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2013–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2013–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2013–2020
Table 3:
Market Value, 2013–2020
Table 4:
Per Capita Consumption In 2013–2020
Table 5:
Imports, In Physical Terms, By Country, 2013–2020
Table 6:
Imports, In Value Terms, By Country, 2013–2020
Table 7:
Import Prices, By Country Of Origin, 2013–2020
Table 8:
Exports, In Physical Terms, By Country, 2013–2020
Table 9:
Exports, In Value Terms, By Country, 2013–2020
Table 10:
Export Prices, By Country Of Destination, 2013–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2013–2020
Figure 2:
Market Value, 2013–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2013–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2013–2020
Figure 5:
Trade Balance, In Physical Terms, 2013–2020
Figure 6:
Trade Balance, In Value Terms, 2013–2020
Figure 7:
Per Capita Consumption, 2013–2020
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2013–2020
Figure 21:
Production, In Value Terms, 2013–2020
Figure 22:
Imports, In Physical Terms, 2013–2020
Figure 23:
Imports, In Value Terms, 2013–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2013–2020
Figure 26:
Imports, In Value Terms, By Country, 2013–2020
Figure 27:
Import Prices, By Country Of Origin, 2013–2020
Figure 28:
Exports, In Physical Terms, 2013–2020
Figure 29:
Exports, In Value Terms, 2013–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2013–2020
Figure 32:
Exports, In Value Terms, By Country, 2013–2020
Figure 33:
Export Prices, By Country Of Destination, 2013–2020

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