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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 provide analysis, statistics, and forecasts for a wide range of industries, with content sections including industry overview, recent developments, issues and challenges, business trends and opportunities, leading companies, executive insights, financial benchmarking information, and 5-year revenue growth forecast. Profiles are updated monthly; sample report is available online.

American Home Furnishings Alliance
Industry Facts

Annual factsheet provides a summary overview of the residential furniture industry, with information provided including annual consumer expenditures for this sector in retail dollars, factory shipments and imports of wood and upholstered products, imports as a percentage of wood and upholstered products sold in the U.S., and factory employment for the wood and upholstered product sectors.

Information resources available from this trade association include:

Office, Education, and Healthcare Furniture Market Size
Statistical summary developed by IHS Markit from government data provides aggregate market size data for the United States, Canada, Mexico, and North America, respectively, for the last three years in total U.S. dollars and annual net percentage change and preliminary estimated aggregate market size data for the most recent year using the same measures. Summary data is available free online.

BIFMA Statistical Program
Statistical program provides sales data for BIFMA members on a monthly, quarterly, and annual basis, with reports available in summary form for all members and in detail for contributing firms including the "Monthly North American Pulse", "Quarterly Geographic Market Summary", "Quarterly A-Level Product Categories Report", "Quarterly B-Level Product Categories Report", and "Annual Geographic Report".

Quarterly Product Category Reports
Quarterly reports provide year-to-date sales data for the current quarter compared to the same quarter in the prior year by product category, with product categories covered by these reports including office products (e.g., chairs, filing/storage, tables, freestanding desks, case goods systems, panel/non-panel systems, and accessories) and specialty nonoffice products for the healthcare and education markets.

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.