IndexBox has just released a new report “U.S. Metal Household Furniture Market – Analysis And Forecast to 2025“.
According to the report, the value of metal household furniture production in the U.S. amounted to $2.0B in 2016, lowering by -7.5% Y-o-Y. Overall, the U.S. metal household furniture output pursued a measured decline from 2007 to 2016. The total output figures decreased at an average annual rate of -1.2%. The trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most perceptible growth was recorded in 2015, when the value of production increased by +6% Y-o-Y. Over the period under review, the output figure with regard to metal household furniture in the United States attained its maximum level of $2.2B in 2008. Afterwards, the growth in terms of the metal household furniture production failed to regain its strength through to 2016.
Metal household furniture, dining room and kitchen, including padded and plain seating, tables, cabinets, and carts accounted for the highest share (39% in 2016) of U.S. metal household furniture manufacturing, leaving a considerable room for metal household furniture, other types, nonupholstered (34%). The other related products with less notable individual shares together comprised approx. 27% of the total output. From 2008 to 2016, the value of shipments of metal household furniture, dining room and kitchen, including padded and plain seating, tables, cabinets, and carts picked up at an average annual rate of +5.8%. By contrast, the output of metal household furniture, other types, nonupholstered went down by an average -3.2% per year.
This report is designed to provide accurate and comprehensive data, as well as a detailed analysis of the current state and midterm prospects of the U.S. metal household furniture industry. It includes a market overview, which consolidates the key conclusions made from the analysis of the market study, revealing actionable insights in the metal household furniture industry. The report provides a forecast of the expected changes in the metal household furniture market in coming years, based on historical trends, external and internal factors, and the main developments affecting the market. Each section contains an in-depth analysis of the data provided. Further data in the report includes: the historical values and current projections regarding production and consumption volume, datasets on the industry life cycle, business locations, productivity, employment and many other crucial aspects. The Company Profiles section contains relevant data on the major players in the industry.
The trade section provides data on trade partners, such as historical data on imports & exports for each partner country, changes in the direction of trade, as well as import & export prices. An analysis of the metal household furniture trade shows the opportunities that are currently evolving for producers and suppliers in a changing market.
Product coverage: Metal household furniture, dining room and kitchen, including padded and plain seating, tables, cabinets, and carts; Metal household furniture, outdoor and casual (including beach, lawn, garden, and porch), nonupholstered, assembled and ready-to-assemble; Metal household furniture, other types, nonupholstered; Metal household furniture manufacturing, nsk, total.
Companies mentioned:
Summer Infant, RSI Home Products, Purcell Systems, Kln Steel Products Company, Rio Brands, Cole Kepro International, Tropitone Furniture Co., Southern Aluminum Manufacturing, Nambe, Telescope Casual Furniture, Webcoat, Graco Children’s Products, Wabash Valley Manufacturing, Hollywood Bed & Spring Mfg. Co., Poly-Wood, Mantua Manufacturing Co., Robern, Wesley Allen, Brown Jordan Company, Henry Crown and Company, Pavilion Furniture, Woodard–Cm, Murray’s Iron Works, Swaim, Warren Homes, Chicago American Manufacturing, US Test Company 221, Metal Box InternationalKln Manufacturing.
IndexBox’s methodology consists of obtaining information from a list or highly reliable sources (both paid and open), which include, but are not limited to:
– International official statistical agencies
– Governmental statistical agencies
– Official trade statistics
– Paid trade databases
– Industrial associations
– Company reports
– Industry experts
The AI platform, developed by IndexBox data scientists, compares the disparate pieces of information gathered from various sources, using the relevant methods of data cleaning, categorization, normalization, and predictive modelling for each unique situation. The market trends are provided by our experienced analysts, taking into account recent notable events in the market, in both adjacent and related markets, the raw materials markets, and in those markets, which are the main demand creators for the product under research. The forecast is created using a set of predictive and analytical models, mainly by processing country-by-country data on consumption, production, exports, imports and prices, as well as industry, economic and consumption trends, in addition to possible political and technological trends patterns.
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