(Updated 2011-08-04)
THE U.S. OFFICE FURNITURE MARKET
Historic Industry Growth
The table and graphical representation below depict the concept of market consumption which is defined as production, plus imports, minus exports. Production represents the total shipments, or sales, value of office furniture manufacturers located in the U.S. to all locations in the world. Consumption represents the value of all office furniture sold in the U.S. from all sources in the world including those in the U.S.
VALUE OF U.S. OFFICE FURNITURE MARKET
(Millions of U.S. Dollars) |
| Year |
U.S. Production |
% Change |
Imports |
Exports |
Consumption |
% Change |
2010
2009
2008
2007
2006
2005
2004
2003
2002
2001
2000
1999
1998
1997
1996
1995
1994
1993
1992
1991
|
$8,300
$7,845
$11,160
$11,420
$10,820
$10,070
$8,935
$8,505
$8,890
$10,975
$13,285
$12,240
$12,350
$11,460
$10,040
$9,435
$8,850
$8,160
$7,710
$7,228
|
5.8%
(29.7)%
(2.3)%
5.5%
7.4%
12.7%
5.1%
(4.3)%
(19.0)%
(17.4)%
8.5%
(0.9)%
7.8%
14.1%
6.4%
6.6%
8.5%
5.8%
6.7%
|
$2,153
$1,875
$2,510
$2,563
$2,531
$2,280
$2,022
$1,870
$1,777
$1,806
$2,094
$1,772
$1,532
$1,236
$968
$798
$677
$548
$440
$394
|
$576
$490
$679
$565
$492
$438
$347
$307
$338
$430
$496
$430
$454
$443
$360
$345
$375
$364
$324
$288
|
$9,877
$9,230
$12,991
$13,419
$12,859
$11,912
$10,610
$10,068
$10,328
$12,351
$14,883
$13,591
$13,428
$12,253
$10,648
$9,888
$9,152
$8,345
$7,826
$7,334
|
7.0%
(29.0)%
(3.2)%
4.4%
7.9%
12.3%
5.4%
(2.5)%
(16.4)%
(17.0)%
9.5%
1.2%
9.6%
15.1%
7.7%
8.0%
9.7%
6.6%
6.7%
|
|
NOTE: Volume figures reflect the manufacturers' invoice value of new office furniture. Figures do not include refurbished (recycled) furniture (add an estimated 15%) or RTA office furniture (add an estimated $800 million).
Historic Product Mix Ratios
The chart below diagrams the gradual shift in total product mix. The overall Wood and Non-Wood product mix remains relatively constant at approximately 25% wood product and 75% non-wood product. However, the wood/non-wood mix will vary by specific product category. The chart is based on U.S. production rather than market consumption since comparable data is not available on the same basis for imports and exports.
| ANNUAL U.S. PRODUCTION BY PRODUCT CATEGORY |
Year
2010
2009
2008
2007
2006
2005
2004
2003
2002
2001
2000
1999
1998
1997
1996
1995
1994
1993
1992
1991
|
Seating
31.5%
30.3%
28.4%
27.9%
26.5%
26.3%
26.5%
26.6%
25.8%
25.2%
24.9%
25.3%
24.6%
24.8%
25.1%
24.9%
25.6%
24.4%
24.9%
24.8%
|
Casegoods
10.4%
10.6%
11.3%
11.0%
10.9%
11.1%
11.0%
11.0%
11.7%
11.5%
11.9%
11.5%
12.4%
10.2%
10.7%
10.6%
10.8%
11.3%
10.8%
8.9%
|
Storage
7.6%
7.6%
7.8%
7.3%
7.4%
7.6%
7.9%
8.0%
7.4%
6.0%
4.9%
4.4%
4.3%
5.3%
5.6%
5.4%
5.5%
5.3%
5.3%
5.5%
|
Files
10.7%
10.9%
11.6%
12.7%
13.3%
14.6%
14.1%
13.5%
13.1%
12.6%
12.4%
12.9%
12.8%
13.5%
13.8%
15.1%
14.3%
15.8%
15.1%
14.9%
|
Tables
9.3%
9.4%
8.3%
7.5%
7.2%
7.5%
7.2%
6.8%
7.2%
7.1%
6.4%
6.9%
6.3%
6.8%
6.8%
6.1%
6.2%
6.7%
6.3%
6.4%
|
Systems
27.4%
27.1%
28.1%
28.8%
29.6%
28.8%
29.4%
30.5%
32.1%
33.7%
36.6%
36.0%
35.9%
36.1%
34.6%
34.8%
35.1%
33.4%
34.0%
35.2%
|
Other
3.2%
4.1%
4.5%
4.8%
5.1%
4.2%
3.9%
3.5%
2.8%
3.9%
3.0%
2.9%
3.7%
3.3%
3.4%
3.0%
2.4%
3.1%
3.5%
4.3%
|
|
Imports/Exports
The chief office furniture trading partner with the U.S. is Canada, receiving about 50% of all U.S. office furniture exports. Until recently, Canada was also the largest importer of office furniture into the U.S. decreasing from about 62% in 2000 to around 40% today, while China has increased its share to about the same from less than 13% in 2000.
next: Projections
|
