Furniture Industry Demographics

Market Size & Industry Statistics. According to the US Census Bureau, there are approximately over 87,000 establishments bringing in annual revenue of $120 million a year and employing more than 500,000 employees. High Point is a city located in the Piedmont Triad region of the U.S.

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These data are obtained from employer or establishment surveys.

Furniture industry demographics. High Point is North Carolina's only city that extends into four counties. The online share of mattress sales in 2014 was just 6%. In 2017, the estimated value of the online mattress sales industry was $1.5 billion.

Furniture manufacturers and designers have rushed to fill this bill with items they know their clients will love. Why Having a Furniture Marketing Strategy Matters. 5 Top Trends in the Furniture Industry by Caitlin Stewart , on January 27, 2016 During the economic recession, the furniture retail industry was negatively impacted as consumers cut back on non-essential spending, but now there is an uptick in demand.

Consequently, standardization in furniture design is ephemeral with changing fashions and trends in demand from varying demographics. SIC 5712 | NAICS 442110. Industry market size for Furniture Stores:

At your fingertips you'll find demographics of every market in the United States with the most recent quarter's furniture sales by price point. Leon’s Furniture opened their first store in 1909 in the Canadian province of Ontario. Also, report offers latest trends, growth factors, top players, value/supply chain, forecast to 2024.

The baby boomer generation, 76,000,000 strong, are now between the ages of 47-64 and have driven the economy for the last 20+ years. The furniture industry is broken down into retail stores, office furniture merchants, warehouse showrooms, and specialty furniture. We all know that the prime demographic for furniture buyers are between the ages of 32-45 years old and predominantly female.

Furniture Market is poised to grow at a CAGR of 5.2% by 2023. Furniture Market growth, trends, forecast, and the impact of COVID-19 have been captured in this report. Four Demographic Trends Determining Retailers' Future, Everybody in retail knows that their success depends on understanding the customer, and understanding the customer starts with understanding their demographics.