Business ValuationIndustry ResourcesIndustry OutlookFinancial RatiosSalary SurveysEconomic DataMore Resources

Furniture Manufacturers

SIC 2500 | NAICS 337000

The following guide to industry information, research, and analysis provides sources for industry trends and statistics, financial ratios, salary surveys, and more.

Select from the following sections or scroll below to view available resources:

Industry Analysis, Statistics, Trends, and Forecasts

Financial Information and Financial Ratios

Compensation and Salary Surveys

Business Valuation Resources

For guides to other industries, see our index of over 400 industries.

Industry Analysis, Statistics, Trends, and Forecasts

Office Furniture Manufacturing  (view report)
Household Furniture Manufacturing  (view report)

Comprehensive research reports provide in-depth industry analysis and five-year growth forecasts, with special focus on the underlying structure and external forces and relationships that affect industries and their performance. Report contents include:

  • Key statistics
  • Market size and characteristics
  • Current performance
  • Competitive landscape
  • Major companies
  • Key risk and success factors
  • Five-year growth forecast

Smith Leonard PLLC
Furniture Insights®

Monthly survey of residential furniture manufacturers and distributors provides dollar volume of new orders, shipments, and backlog for the current month, prior month, and current year-to-date and the same periods in the prior year, and percentage change in new orders, shipments, backlog, payrolls, employees, receivables, and inventories for these same time periods compared to the prior year.

First Research

Furniture Manufacturing
First Research profiles cover key aspects of an industry's size, scope, and operations, and include a five-year revenue growth forecast. Profiles are updated quarterly and include:
  • Industry overview
  • Recent developments
  • Critical issues and challenges
  • Business trends and opportunities
  • Executive insights
  • Financial benchmarking data
  • Five-year growth forecast

American Home Furnishings Alliance
Quarterly Financial Performance Indicators Report

AHFA member survey provides information on current business conditions in the residential furniture industry, with data provided by participating members including shipments, inventory, and accounts receivable data for wood and upholstered household products. Online quarterly financial reports are available to members only; contact AHFA member services for more information on these reports.

Business and Institutional Furniture Manufacturers Association
Information resources available from this trade association include:

Historical Industry Growth Data
Historical data section provides annual production, import, export, and consumption statistics for the U.S. office products market for the last twenty years, with annual U.S. production data broken down further by product category (e.g., modular panel systems, office chairs and seating, file cabinets, casegoods, storage units, tables, and other products) as a percentage of total overall production.

BIFMA Statistical Program
Statistical program section provides an extensive selection of reports and statistics for the U.S. office products market, with information provided in this section including historical shipment, import, export and consumption statistics, current market statistics on a monthly basis, quarterly IHS Global Insight forecasts, annual shipments by detailed product category, and summary U.S. import and export data.

IHS Global Insight Forecast
Quarterly forecast provides an overview of current economic conditions for the U.S. economy as a whole, and includes U.S. production and consumption forecasts for the office products market over the next two years. Summary production and consumption forecasts from the report are available free online, with the complete report including supplemental information available to members only.

Freedonia Group
Office / Household Furniture: United States

Freedonia Focus reports analyze production and demand at the manufacturers' level, with information provided including historical demand and forecasts by product segment for office seating, desks and tables, modular panel systems, and storage units and file cabinets; upholstered and non-upholstered household wood products; metal, wicker, and other household products; and institutional furnishings.

Financial Benchmarking Data

Industry Financial Ratios
Furniture Manufacturing  Search for "337" to see reports for specific product categories
Five-year financial statement analysis includes income statements, balance sheets, and key financial ratios, with data available by sales size range on a national, state, and metro area level.
  • Income and expense detail in dollars and percentages
  • Balance sheets in dollars and percentages
  • Cash flow analysis
  • Liquidity and working capital ratios
  • Profitability and return on investment ratios
  • Asset turnover and efficiency ratios
  • Capital structure and debt service ratios

First Research

Furniture Manufacturing

Financial information section provides income statements, balance sheets, and key financial ratios for companies that manufacture nonupholstered household furnishings made from wood, metal, plastic or glass and upholstered items such as sofas and recliners; office desks, chairs, tables, filing cabinets, bookcases, and panel systems; and institutional furnishings for hospitals, schools, and other facilities.

Compensation Surveys

U.S. Bureau of Labor Statistics
Furniture Manufacturing - Office / Household and Institutional / Other Related Products / household-institutional / other-related

Annual wage surveys provide hourly and annual wage data for personnel employed by manufacturers of office desks, chairs, tables, bookcases, filing cabinets, and modular panel systems; upholstered and nonupholstered household furnishings; institutional furnishings for hospitals, schools, theaters, stadiums, and other facilities; and other related products such as mattresses, blinds, and shades.

Furniture Manufacturing

Free online service provides median salary and hourly wage data for selected job positions such as industrial designer, production manager, CNC operator, assembler, and finisher, with employers for which compensation data is provided including Ashley Furniture Industries, Inc., Knoll, Inc., Flexsteel Industries, Inc., Herman Miller, Inc., Sauder Woodworking Company, and Kimball International, Inc.

Business Valuation Resources

Small Business Valuation Multiples

Furniture Manufacturers

Comprehensive reference guide provides market-based valuation multiples for small businesses that manufacture wood, metal, and upholstered products such as desks, chairs, sofas, tables, cabinets, bookcases, dining room sets, and bedroom sets for the household, office, and institutional markets.