Latest Report Update: Jan 17, 2020

U.S. Wood Office Furniture Market. Analysis And Forecast to 2025

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U.S.: Wood Office Furniture Market Overview 2020

Wood Office Furniture Market Size in the U.S.

The revenue of the wood office furniture market in the U.S. amounted to $X in 2018, approximately equating the previous year. Overall, wood office furniture consumption continues to indicate a mild decline. The pace of growth was the most pronounced in 2015 when the market value increased by X% year-to-year. Wood office furniture consumption peaked at $X in 2007; however, from 2008 to 2018, consumption failed to regain its momentum.

Wood Office Furniture Production in the U.S.

In value terms, wood office furniture production stood at $X in 2018. Over the period under review, wood office furniture production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when production volume increased by X% y-o-y. Over the period under review, wood office furniture production reached its peak figure level at $X in 2007; however, from 2008 to 2018, production failed to regain its momentum.

Wood Office Furniture Exports

Exports from the U.S.

In 2018, approx. X units of wood office furniture were exported from the U.S.; remaining constant against the previous year. In general, wood office furniture exports continue to indicate a drastic deduction. The growth pace was the most rapid in 2017 with an increase of X% y-o-y. Over the period under review, wood office furniture exports attained their peak figure at X units in 2008; however, from 2009 to 2018, exports failed to regain their momentum.

In value terms, wood office furniture exports stood at $X in 2018. In general, the total exports indicated a noticeable expansion from 2007 to 2018: its value decreased at an average annual rate of -X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, wood office furniture exports increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2017 when exports increased by X% year-to-year. Over the period under review, wood office furniture exports reached their maximum at $X in 2012; however, from 2013 to 2018, exports stood at a somewhat lower figure.

Exports by Country

Canada (X units) was the main destination for wood office furniture exports from the U.S., accounting for a X% share of total exports. Moreover, wood office furniture exports to Canada exceeded the volume sent to the second major destination, Mexico (X units), fivefold. Qatar (X units) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual growth rate of volume to Canada totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (-X% per year) and Qatar (-X% per year).

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

From 2007 to 2018, 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: Mexico (+X% per year) and Kuwait (+X% per year).

Export Prices by Country

The average wood office furniture export price stood at $X per unit in 2018, increasing by X% against the previous year. Over the period under review, the wood office furniture export price continues to indicate prominent growth. The pace of growth appeared the most rapid in 2012 an increase of X% y-o-y. The export price peaked at $X per unit in 2016; however, from 2017 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Kuwait ($X per unit), while the average price for exports to Mexico ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Qatar, while the prices for the other major destinations experienced more modest paces of growth.

Wood Office Furniture Imports

Imports into the U.S.

In 2018, approx. X units of wood office furniture were imported into the U.S.; shrinking by -X% against the previous year. Over the period under review, wood office furniture imports continue to indicate a temperate downturn. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Imports peaked at X units in 2010; however, from 2011 to 2018, imports failed to regain their momentum.

In value terms, wood office furniture imports amounted to $X in 2018. Over the period under review, wood office furniture imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 when imports increased by X% y-o-y. In that year, wood office furniture imports attained their peak of $X. From 2016 to 2018, the growth of wood office furniture imports remained at a lower figure.

Imports by Country

Canada (X units), China (X units) and Taiwan, Chinese (X units) were the main suppliers of wood office furniture imports to the U.S., with a combined X% share of total imports. Mexico, Viet Nam, Malaysia, Germany, Italy, Lithuania and Portugal lagged somewhat behind, together comprising a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Lithuania, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest wood office furniture suppliers to the U.S. were Canada ($X), China ($X) and Mexico ($X), with a combined X% share of total imports. Taiwan, Chinese, Viet Nam, Malaysia, Germany, Lithuania, Italy and Portugal lagged somewhat behind, together comprising a further X recorded the highest growth rate of market size, in terms of the main suppliers over the period under review, while imports for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average wood office furniture import price amounted to $X per unit, reducing by -X% against the previous year. Overall, the wood office furniture import price, however, continues to indicate notable growth. The pace of growth appeared the most rapid in 2012 when the average import price increased by X% year-to-year. The import price peaked at $X per unit in 2014; however, from 2015 to 2018, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2018, the highest prices were recorded for prices from Mexico ($X per unit) and China ($X per unit), while the price for Canada ($X per unit) and Viet Nam ($X per unit) were amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Lithuania, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:
• NAICS 337211 - Wood office furniture manufacturing

This report provides an in-depth analysis of the wood office 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:
• Herman Miller
• Knoll
• The Hon Company
• Ofs Brands Holdings
• The Gunlocke Company L L C
• Mayline Company
• Anthro Corporation
• High Point Furniture Industries
• Geiger International
• Case Systems
• Jsj Furniture Corporation
• Watson Furniture Group
• Davis Furniture Industries
• Hickory Business Furniture
• Darran Furniture Industries
• Indiana Furniture Industries
• Marco Display Specialists, GP
• R. T. London Company
• Tuohy Furniture Corporation
• Jasper Seating Company
• Bush Industries of Pennsylvania
• Vaswani
• Frank Chervan
• A. C. Furniture Company
• Paoli LLC
• Innovant
• Arcadia Chair Company
• Kimball Furniture Group
• Anderson Desk
• H S Morgan Limited Partnership
• Geiger Group

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 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2018
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, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption In 2007–2018
Table 5:
Imports, In Physical Terms, By Country, 2007–2018
Table 6:
Imports, In Value Terms, By Country, 2007–2018
Table 7:
Import Prices, By Country Of Origin, 2007–2018
Table 8:
Exports, In Physical Terms, By Country, 2007–2018
Table 9:
Exports, In Value Terms, By Country, 2007–2018
Table 10:
Export Prices, By Country Of Destination, 2007–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2018
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2018
Figure 5:
Trade Balance, In Physical Terms, 2007–2018
Figure 6:
Trade Balance, In Value Terms, 2007–2018
Figure 7:
Per Capita Consumption, 2007–2018
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, 2007–2018
Figure 21:
Production, In Value Terms, 2007–2018
Figure 22:
Imports, In Physical Terms, 2007–2018
Figure 23:
Imports, In Value Terms, 2007–2018
Figure 24:
Imports, In Physical Terms, By Country, 2018
Figure 25:
Imports, In Physical Terms, By Country, 2007–2018
Figure 26:
Imports, In Value Terms, By Country, 2007–2018
Figure 27:
Import Prices, By Country Of Origin, 2007–2018
Figure 28:
Exports, In Physical Terms, 2007–2018
Figure 29:
Exports, In Value Terms, 2007–2018
Figure 30:
Exports, In Physical Terms, By Country, 2018
Figure 31:
Exports, In Physical Terms, By Country, 2007–2018
Figure 32:
Exports, In Value Terms, By Country, 2007–2018
Figure 33:
Export Prices, By Country Of Destination, 2007–2018
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