Latest Report Update: Dec 27, 2019

U.S. Upholstered Household Furniture Market. Analysis And Forecast to 2025

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U.S.: Upholstered Household Furniture Market Overview 2019

Upholstered Household Furniture Market Size in the U.S.

The revenue of the upholstered household furniture market in the U.S. amounted to $X in 2018, going up by X% against the previous year. Over the period under review, upholstered household furniture consumption continues to indicate remarkable growth. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Upholstered household furniture consumption peaked in 2018 and is likely to see steady growth in the immediate term.

Upholstered Household Furniture Production in the U.S.

In value terms, upholstered household furniture production totaled $X in 2018. In general, upholstered household furniture production continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Upholstered household furniture production peaked in 2018 and is expected to retain its growth in the immediate term.

Upholstered Household Furniture Exports

Exports from the U.S.

In 2018, the amount of upholstered household furniture exported from the U.S. stood at X tonnes, reducing by -X% against the previous year. Over the period under review, upholstered household furniture exports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. In that year, upholstered household furniture exports reached their peak of X tonnes. From 2015 to 2018, the growth of upholstered household furniture exports failed to regain its momentum.

In value terms, upholstered household furniture exports totaled $X in 2018. In general, upholstered household furniture exports continue to indicate a dramatic deduction. The pace of growth appeared the most rapid in 2014 when exports increased by X% year-to-year. Over the period under review, upholstered household furniture exports reached their peak figure at $X in 2016; however, from 2017 to 2018, exports failed to regain their momentum.

Exports by Country

Paraguay (X tonnes), the Dominican Republic (X tonnes) and China (X tonnes) were the main destinations of upholstered household furniture exports from the U.S., together comprising X% of total exports. These countries were followed by Saint Maarten (Dutch part), India, Panama, Brazil, Jamaica, Aruba, Singapore, the Philippines and the United Arab Emirates, which together accounted for a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Saint Maarten (Dutch part) (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Paraguay ($X) and the Dominican Republic ($X) constituted the largest markets for upholstered household furniture exported from the U.S. worldwide, together comprising X% of total exports. China, Singapore, the United Arab Emirates, Saint Maarten (Dutch part), the Philippines, Jamaica, Panama, India and Aruba lagged somewhat behind, together comprising a further X the main countries of destination, Saint Maarten (Dutch part) (+X% per year) recorded the highest growth rate of exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average upholstered household furniture export price amounted to $X per tonne, waning by -X% against the previous year. Over the period under review, the upholstered household furniture export price continues to indicate a drastic curtailment. The most prominent rate of growth was recorded in 2016 an increase of X% year-to-year. In that year, the average export prices for upholstered household furniture attained their peak level of $X per tonne. From 2017 to 2018, the growth in terms of the average export prices for upholstered household furniture failed to regain its momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Brazil ($X per tonne), while the average price for exports to India ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Brazil, while the prices for the other major destinations experienced mixed trend patterns.

Upholstered Household Furniture Imports

Imports into the U.S.

In 2018, approx. X tonnes of upholstered household furniture were imported into the U.S.; jumping by X% against the previous year. In general, the total imports indicated a buoyant expansion from 2013 to 2018: its volume increased at an average annual rate of +X% over the last five years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, upholstered household furniture imports increased by +X% against 2013 indices. The growth pace was the most rapid in 2017 with an increase of X% y-o-y. Over the period under review, upholstered household furniture imports attained their peak figure in 2018 and are expected to retain its growth in the near future.

In value terms, upholstered household furniture imports totaled $X in 2018. Over the period under review, the total imports indicated a remarkable expansion from 2013 to 2018: its value increased at an average annual rate of +X% over the last five-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, upholstered household furniture imports increased by +X% against 2013 indices. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. Over the period under review, upholstered household furniture imports attained their maximum in 2018 and are likely to continue its growth in the immediate term.

Imports by Country

In 2018, China (X tonnes) constituted the largest supplier of upholstered household furniture to the U.S., accounting for a X% share of total imports. Moreover, upholstered household furniture imports from China exceeded the figures recorded by the second-largest supplier, Viet Nam (X tonnes), fourfold.

From 2007 to 2018, the average annual growth rate of volume from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Viet Nam (+X% per year) and Malaysia (+X% per year).

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

From 2007 to 2018, 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

In 2018, the average upholstered household furniture import price amounted to $X per tonne, waning by -X% against the previous year. Overall, the upholstered household furniture import price continues to indicate a slight deduction. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. The import price peaked at $X per tonne in 2015; however, from 2016 to 2018, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2018, the country with the highest price was China ($X per tonne), while the price for Viet Nam ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Malaysia, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Product coverage:
• NAICS 337121 - Upholstered household furniture manufacturing

This report provides an in-depth analysis of the upholstered 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:
• La-Z-Boy Incorporated
• Flexsteel Industries
• The Mitchell Gold Co
• Lexington Furniture Industries
• LFI Wind Down, Rowe Furniture
• Klaussner Furniture Industries
• United Furniture Industries
• Jonathan Louis International
• Albany Industries
• Sherrill Furniture Company
• Brown Jordan International
• Best Chairs Incorporated
• H.M. Richards
• Southern Motion
• Corinthian
• Hughes Furniture Industries
• Jackson Furniture Industries
• Hancock & Moore
• Fairfield Chair Company
• Franklin Corporation
• Bauhaus Furniture Group
• Rowe Furniture Corporation
• Rowe Fine Furniture
• Century Furniture
• McCreary Modern
• Cleveland Chair Company
• England
• Klaussner Corporation
• Samson Investment Holding
• Lzb Manufacturing
• Trp Acquisition

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 2025
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 2013–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2013–2018
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 2018
Table 2:
Market Volume, In Physical Terms, 2013–2018
Table 3:
Market Value, 2013–2018
Table 4:
Per Capita Consumption In 2013–2018
Table 5:
Imports, In Physical Terms, By Country, 2013–2018
Table 6:
Imports, In Value Terms, By Country, 2013–2018
Table 7:
Import Prices, By Country Of Origin, 2013–2018
Table 8:
Exports, In Physical Terms, By Country, 2013–2018
Table 9:
Exports, In Value Terms, By Country, 2013–2018
Table 10:
Export Prices, By Country Of Destination, 2013–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2013–2018
Figure 2:
Market Value, 2013–2018
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2013–2018
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2013–2018
Figure 5:
Trade Balance, In Physical Terms, 2013–2018
Figure 6:
Trade Balance, In Value Terms, 2013–2018
Figure 7:
Per Capita Consumption, 2013–2018
Figure 8:
Market Forecast To 2025
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, 2013–2018
Figure 21:
Production, In Value Terms, 2013–2018
Figure 22:
Imports, In Physical Terms, 2013–2018
Figure 23:
Imports, In Value Terms, 2013–2018
Figure 24:
Imports, In Physical Terms, By Country, 2018
Figure 25:
Imports, In Physical Terms, By Country, 2013–2018
Figure 26:
Imports, In Value Terms, By Country, 2013–2018
Figure 27:
Import Prices, By Country Of Origin, 2013–2018
Figure 28:
Exports, In Physical Terms, 2013–2018
Figure 29:
Exports, In Value Terms, 2013–2018
Figure 30:
Exports, In Physical Terms, By Country, 2018
Figure 31:
Exports, In Physical Terms, By Country, 2013–2018
Figure 32:
Exports, In Value Terms, By Country, 2013–2018
Figure 33:
Export Prices, By Country Of Destination, 2013–2018
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