The comprehensive Wood Office Furniture Manufacturing Industry report provides the most updated data and analysis on the industry’s key financial data, cost and pricing, competitive landscape, industry structure, and trends and opportunities. This latest December update provides the data necessary to make informed forecasts and planning for 2017.
Over the past 3 years, the industry has shown a strong growth in exports, at approximately 17% constant annual growth. This growth in international trade is further analyzed in the report’s export section covering major trade partners.
This 163-page report includes the most recent information on the domestic market, global market and overseas growth opportunities. This current report contains the most current data available, such as monthly shipments, inventory and trade data through September 2016, and sophisticated forecasts up to 2013 accounting for the affects of the recent economic recession. Industry experts consider this report the most comprehensive and consistently updated guide to the industry.
In this report, you will find industry data on the following major categories:
Executive Summary
- Quick Industry Statistics: 2-page overview for the CEO on the run
- Supply & Demand with Capacity Utilization
- 2016 Monthly Shipments, Inventory, and Trade Data
- 2016-2013 Forecast
Industry Income Statement
- All relevant financial data including: Revenue, Cost of Materials, Labor Costs, Gross Profit, SG&A, Net Income, etc.
- 4-year Financials Comparison and Trends
Industry Balance Sheet
- Traditional key elements of Assets, Liabilities, and Equity
- Inventory fabrication stages
- Calculated balance sheet ratios
Capital Expenditure
- Plant additions and expansions
- Computer and IT investments
- Machinery and Equipment for production and material handling
Industry Cost Analysis
- Upstream Industries and the cost allocations towards producer, wholesale, retail, and freight
- Materials and their percentage share of total material costs
Industry Pricing Analysis
- Producer Pricing Indices at industry, wholesale, and retail levels for comparison and trend forecasting
- Pricing Distribution among Downstream Industries differentiated at producer, wholesale, retail, and freight categories
Industry Foreign Trade
- Detailed Import/Export Data by commodities and by countries
- Mode of Shipment and insurance and freight costs
Industry Structure
- Labor and Compensation Structure: productivity indices, hourly wages, production hours, output index, HR structure
- Establishments: Trends, Employee Statistics, State by State numbers
- Valued added statistics: industry GDP contribution
Competitive Landscape
- Industry Concentration: HHI, number of companies, size distributions, market shares
- Major Players: company profiles and market size ranges
Definition & Classification
This U.S. industry comprises establishments primarily engaged in manufacturing wood office-type furniture. The furniture may be made on a stock or custom basis and may be assembled or unassembled (i.e., knockdown). This 6-digit NAICS industry (337211) is under the hierarchy of Office Furniture (including Fixtures) Manufacturing Industry (33721), Furniture and Related Product Manufacturing Subsector (337), and the Manufacturing Sector (31-33). Its SIC equivalent code is: 2521 – Wood Office Furniture.
Revenue, Profitability & Foreign Trade Preview
The industry’s revenue for the year 2015 was approximately $2.8 billion USD, with an estimated gross profit of 33.81%. Import was valued at $.9 billion USD from 63 countries. The industry also exported $151.1 million USD worth of merchandise to 115 countries. Adding import value to and subtracting export value from the industry’s shipment value, the total domestic demand for the industry in 2015 was $3.5 billion USD.
Report Summary
This 163-page report contains unparalleled research on this industry in breadth and depth. With a macroeconomic perspective, the report provides a fresh and comprehensive view of the industry. The report’s supply and demand data covers both U.S. shipments and international trade while taking into consideration of the industry’s capacity utilization. The industry level income statements, balance sheets, and capital expenditure analysis contain all the elements needed for financial benchmarking. In the cost analysis section, 20 upstream industries are analyzed to offer insight into the supply chain cost structure. For the channel and pricing structure, 11 downstream industries are analyzed. The competitive landscape section provides the number of companies and their revenue share within the industry, the market concentration, and a list of major players. All related trade associations, industry standards, and trade publications are also listed.
Our clients include Fortune 500 companies, manufacturers, international top consulting firms, major retailers and wholesalers, professional trade associations, financial corporations, universities, governmental entities, start-ups and individuals. We are committed to providing the highest level of quality to all our clients and assure your satisfaction in the report delivering as promised.
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