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U.S. - Wooden Furniture Of A Kind Used In Offices - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 1, 2024

U.S. - Wooden Furniture Of A Kind Used In Offices - Market Analysis, Forecast, Size, Trends and Insights

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Sep 15, 2020

The American Wood Office Furniture Market Reached $3.9B, Remaining Dependent on Imports

IndexBox has just published a new report: 'U.S. Wood Office Furniture Market. Analysis And Forecast to 2025'. Here is a summary of the report's key findings.

The U.S. wood office furniture market rose to $3.9B in 2019, increasing by 2.4% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +2.8% from 2013 to 2019; the trend pattern remained consistent, with only minor fluctuations being observed in certain years.

Production in the U.S.

In value terms, wood office furniture production totaled $2.8B in 2019. The total output value increased at an average annual rate of +1.3% from 2013 to 2019. The pace of growth appeared the most rapid in 2015 with an increase of 7.6% y-o-y. As a result, production reached a peak level of $2.8B; afterward, it flattened through to 2019.

Imports into the U.S.

In 2019, the amount of wood office furniture imported into the U.S. stood at 15M units, picking up by 6.3% on the previous year's figure. Over the period under review, total imports indicated a strong expansion from 2013 to 2019: its volume increased at an average annual rate of +5.5% over the last six-year period.

In value terms, wood office furniture imports declined to $960M (IndexBox estimates) in 2019. The total import value increased at an average annual rate of +1.8% from 2013 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years.

Imports by Country

Canada (7.5M units), China (4.8M units) and Taiwan (Chinese) (603K units) were the main suppliers of wood office furniture imports to the U.S., together comprising 90% of total imports.

From 2013 to 2018, the biggest increases were in Taiwan (Chinese), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Canada ($390M), China ($347M) and Mexico ($45M) appeared to be the largest wood office furniture suppliers to the U.S., with a combined 74% share of total imports. Taiwan (Chinese), Vietnam, Malaysia, Germany, Lithuania, Italy and Portugal lagged somewhat behind, together comprising a further 19%.

Import Prices by Country

In 2018, the average wood office furniture import price amounted to $73 per unit, surging by 8.4% against the previous year. Overall, the import price, however, saw a mild setback. The import price peaked at $84 per unit in 2014; however, from 2015 to 2018, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2018, the highest prices were recorded for prices from Mexico ($78 per unit) and China ($72 per unit), while the price for Canada ($52 per unit) and Vietnam ($56 per unit) were amongst the lowest.

From 2013 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.

Companies Mentioned in the Report

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

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the wooden 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 2030.

Product coverage:

  • Prodcom 31011200 - Wooden furniture of a kind used in offices
  • Prodcom 31021000 - Kitchen furniture

Country coverage:

  • United States

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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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