Production value of office furniture manufacturers 1991-2015
The statistic depicts the total production value of office furniture manufacturers located in the United States to all locations in the world from 1991 to 2015. The total production value amounted to 10.2 billion U.S. dollars in 2015.
Office furniture industry in the United States
The US office furniture industry dates back to the 1800’s. With the invention of the telephone it became efficient for companies to have their manufacturing and administrative work separated, giving birth to the modern-day office. The office furniture industry produces a wide range of office furniture, including bookcases, cabinets, chairs, desks and filing cabinets. It also manufactures office and store fixtures, such as cafeteria countertops (except kitchen and bathroom), furniture parts and partitions.
Low business sentiment and high unemployment drastically affected the industry during the recession, as demand for office furniture remained low. Rising import penetration from China also hurt industry revenue since the country is able to produce goods at much lower costs. Nevertheless, with the improved job market, demand will slowly rise, spurring growth for office furniture manufacturers
Customers have turned to the manufacturers for new solutions as worker habits have changed, given the technological advancements and the rapid adoption of smartphones and other mobile devices. That has meant office furniture makers have had to rethink their product portfolios and provide more flexible options than the cubicle walls they've sold for the past four decades.
Office furniture industry in the United States
The US office furniture industry dates back to the 1800’s. With the invention of the telephone it became efficient for companies to have their manufacturing and administrative work separated, giving birth to the modern-day office. The office furniture industry produces a wide range of office furniture, including bookcases, cabinets, chairs, desks and filing cabinets. It also manufactures office and store fixtures, such as cafeteria countertops (except kitchen and bathroom), furniture parts and partitions.
Low business sentiment and high unemployment drastically affected the industry during the recession, as demand for office furniture remained low. Rising import penetration from China also hurt industry revenue since the country is able to produce goods at much lower costs. Nevertheless, with the improved job market, demand will slowly rise, spurring growth for office furniture manufacturers
Customers have turned to the manufacturers for new solutions as worker habits have changed, given the technological advancements and the rapid adoption of smartphones and other mobile devices. That has meant office furniture makers have had to rethink their product portfolios and provide more flexible options than the cubicle walls they've sold for the past four decades.
