The furniture industry in the United States and Canada

CSIL, November 2008, X Ed., Pages: 247
Price: EUR 1200.00 / US$ 1633.20

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The US furniture market is facing a challenging period, with the mounting financial crisis and falling home sales. Moreover, growing unemployment is putting additional strain on consumer confidence. As such, a contraction of furniture demand is expected for 2008 and 2009.

However, the USA remains the largest furniture consumer and importer worldwide, accounting for about one quarter of total world furniture consumption. In this respect, a number of analysts consider the current scenario to be a temporary one, with a likely recovery of the US economy in the medium-term. Indeed the US economy still has a strong foundation and the resources to overcome the crisis.

The Canadian furniture industry can rely on worthy assets such as large wood availability, relatively low electricity costs and a long established expertise in furniture manufacturing. Yet the rapid growth of imports has turned Canada into a net importer of furniture in 2007.

Nevertheless, today the country economy is facing a slowdown linked to the US scenario, with likely repercussions on the furniture market. As such, a stall in furniture demand is expected in the short run, with a recovery taking place in the medium term.

(Copyright: CSIL Milano)

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SECTION I: THE FURNITURE INDUSTRY IN THE UNITED STATES
United States. Furniture industry summary: Furniture production, consumption, imports, exports 2003-2007; Economic indicators, furniture consumption forecasts, main furniture trading partners
FOREST RESOURCES, SEMI-FINISHED WOOD PRODUCTS, TECHNOLOGY: Production, imports, exports and consumption of semi-finished wood products; Imports and exports of woodworking machinery, 2002-2007
THE FURNITURE SECTOR
United States. The furniture sector: basic data, 1999-2007: Trends in the furniture sector (1999-2007): production, consumption, imports, exports; Openness of the furniture market, 1999-2007; Companies, employment, furniture production prices
Furniture production: Home furniture: production, consumption, imports, exports, furniture production prices by products; Bedroom furniture: retail price by market range; Dining room furniture: retail price by market range; Upholstered furniture: production, consumption, imports, exports, retail prices; Casual and outdoor furniture; Entertainment furniture; Kitchen furniture: production, consumption, imports, exports, production and retail prices; Office furniture: production, consumption, imports, exports, production prices; Ready to assemble furniture: trend in the RTA furniture sales, 1997-2007
UNITED STATES. HOME FURNITURE DEMAND: US consumer profile
Home furniture demand indicators: Furniture consumer prices by products
The housing market: Residentiali buildings, sales of new homes, sales of existing homes
UNITED STATES. FURNITURE DISTRIBUTION CHANNELS: Retail sales of home furnishings stores, 1998-2007
Home furniture distribution channels:: - furniture stores, discount department stores, department stores, warehouse clubs, home improvement centres, direct-to-consumer, design centres
Sector fairs and magazines
UNITED STATES. LEADING FURNITURE COMPANIES
Company profiles of the major US furniture producers:: - detailed address, activity, main production, brands; - history, financial highlights, manufacturing process, products; - strategic growth initiatives, marketing policies, distribution channels
UNITED STATES. INTERNATIONAL TRADE OF FURNITURE: Furniture exports, imports and trade balance, trend 1998-2007; Furniture exports and imports by country and product:; - office furniture; - kitchen furniture; - upholstered furniture; - non-upholstered seats; - bedroom furniture; - seats parts; - furniture parts
SECTION II: THE FURNITURE INDUSTRY IN CANADA
Canada. Furniture industry summary: Furniture production, consumption, imports, exports; Economic indicators, furniture consumption forecasts, main furniture trading partners
FOREST RESOURCES, SEMI-FINISHED WOOD PRODUCTS, TECHNOLOGY: Production, imports, exports and consumption of semi-finished wood products; Imports and exports of woodworking machinery, 2002-2007
THE CANADIAN FURNITURE SECTOR: OUTLOOK
Trends in the furniture sector (1998-2007): production, consumption, imports, exports: Openness of the furniture market, 1998-2007; Furniture supply structure: employment, production prices
Furniture basic data (production, consumption, imports, exports) by segment:: - home furniture, upholstered furniture, kitchen, office
CANADA. FURNITURE DEMAND AND DISTRIBUTION CHANNELS: Home furniture consumption by product type; Canada. Consumer profile
Home furniture sales by distribution channel:: - independent retailers, specialised stores and chains, department stores, mass merchandisers
CANADA. LEADING FURNITURE COMPANIES
Company profiles of the major Canadian furniture manufacturers:: - detailed address, activity, main production, brands; - history, financial highlights, manufacturing process, products; - strategic growth initiatives, marketing policies, distribution channels
CANADA. INTERNATIONAL TRADE OF FURNITURE: Furniture exports, imports and trade balance, trend 1997-2006; Furniture exports and imports by country and product:; - office furniture; - kitchen furniture; - upholstered furniture; - non-upholstered seats; - bedroom furniture; - seats parts; - furniture parts

Selected companies mentioned:: Ashley furniture, Best Home Furnishings, Bush Furniture, Cardell, Ethan Allen, Furniture Brands, Klaussner, La-Z-Boy, Masco, Sauder Woodworking, Amisco, Bermex International, Bestar, Canadel, Dorel Industries, El Ran Furniture Ltd, Palliser, Shermag

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