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Author: Susan M. Walcott
Publisher: Business Expert Press
ISBN: 195152747X
Category : Business & Economics
Languages : en
Pages : 104
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Book Description
This book highlights the role of global networks, lean and green production methods, customized quality versus price competitiveness, online outreach along with showroom access, labor issues, and related factors that continue to compel location shifts and extensions of the furniture industry. The furniture industry serves as an indicator for the changing state of American manufacturing. A brief history of U.S. furniture manufacturing creates the context for continuing geographic shifts among Asian locations, foreign ownership impacts and global market considerations, as well as the demands of three significant domestic market demographics. The furniture industry is separated into its various parts from wood to metal, home to institutional markets. Government actions including tariffs, health, and environmental regulations are also considered. Based on numerous interviews and site visits, strategies of corporate survivors in the face of mergers, and emergence of new players are profiled to indicate practices for increasing adaptive capacity and marketing the appeal of “made here”. This book highlights the role of global networks, lean and green production methods, customized quality versus price competitiveness, online outreach along with showroom access, labor issues, and related factors that continue to compel location shifts and extensions of the furniture industry.
Author: Susan M. Walcott
Publisher: Business Expert Press
ISBN: 195152747X
Category : Business & Economics
Languages : en
Pages : 104
Get Book Here
Book Description
This book highlights the role of global networks, lean and green production methods, customized quality versus price competitiveness, online outreach along with showroom access, labor issues, and related factors that continue to compel location shifts and extensions of the furniture industry. The furniture industry serves as an indicator for the changing state of American manufacturing. A brief history of U.S. furniture manufacturing creates the context for continuing geographic shifts among Asian locations, foreign ownership impacts and global market considerations, as well as the demands of three significant domestic market demographics. The furniture industry is separated into its various parts from wood to metal, home to institutional markets. Government actions including tariffs, health, and environmental regulations are also considered. Based on numerous interviews and site visits, strategies of corporate survivors in the face of mergers, and emergence of new players are profiled to indicate practices for increasing adaptive capacity and marketing the appeal of “made here”. This book highlights the role of global networks, lean and green production methods, customized quality versus price competitiveness, online outreach along with showroom access, labor issues, and related factors that continue to compel location shifts and extensions of the furniture industry.
Author: Susan M. Walcott
Publisher: Business Expert Press
ISBN: 1606496573
Category : Business & Economics
Languages : en
Pages : 98
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Book Description
The furniture industry has played an important role in the history of the United States as a bellwether for manufacturing. This sector continues to be a major manufacturing employer in the US and around the world through its utilization of a global production network. Types of furniture range from household (indoor and outdoor) to institutional, with particular growth in firms supplying medical and government-related commodities. The industry is highly responsive to economic and fashion trends, but is partitioned into high, medium and low cost segments that reveal different location-al and market responses to changes in these factors. Recent developments indicate that the post-1980's migration of furniture manufacturing to offshore, low labor cost countries has stabilized and shows signs of re-shoring in the US for high end customized technologically intensive products utilizing the remaining embedded skilled labor and locally clustered industry components. Businesses that survived the recessionary 'creative destruction' largely adopted lean manufacturing processes and took advantage of newly available, lower cost equipment and buildings to upgrade their production practices, absorbing market from former competitors. New partnerships will be traced with branches and headquarter relocations in Asia, along with cooperative supplier relationships with former U.S. and new foreign companies. Industry survivors adopted practices that could be highly instructive for other manufacturers challenged by globalization to grow stronger by increasing their adaptive capacity. Concepts illustrated in the furniture industry would be useful to a number of audiences in academic, industry and public policy markets. The proposed book provides an overview of the industry and its global production network including a brief overview of the manufacturing technologies of each sector. Assessment of new competitors in Asia and South America will illustrate opportunities and challenges in these locations. The book culminates by considering challenges, opportunities, and the future outlook of the industry in regional clusters.
Author: South Carolina State Development Board. Research Services Division
Publisher:
ISBN:
Category : Furniture industry and trade
Languages : en
Pages : 50
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Book Description
Author: Ed Pepke
Publisher:
ISBN:
Category : Furniture industry and trade
Languages : en
Pages : 24
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Book Description
Author:
Publisher:
ISBN:
Category : Furniture
Languages : en
Pages : 404
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Book Description
Author: Lynn Andersen Lindberg
Publisher:
ISBN:
Category : Economic surveys
Languages : en
Pages : 24
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Book Description
Author: George Leland Leffler
Publisher:
ISBN:
Category : Furniture industry and trade
Languages : en
Pages : 102
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Book Description
Author: Mansoor Muallim
Publisher: M M Infocare
ISBN:
Category : Design
Languages : en
Pages : 538
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Book Description
Wooden Furniture Making 1. Market Overview: Wooden furniture making is a thriving industry that caters to the global demand for aesthetically pleasing and functional furniture. As of 2021, the global wooden furniture market was valued at approximately $395 billion, and it is expected to grow at a CAGR of 3.5% from 2021 to 2028. This industry's growth is driven by factors such as urbanization, increasing disposable income, and a growing awareness of sustainable and eco-friendly furniture options worldwide. 2. Market Segmentation: The wooden furniture market can be segmented into various categories based on factors like product type, material, distribution channel, and end-user. The key segments include: • Product Type: This includes segments such as tables, chairs, beds, cabinets, and sofas. • Material Type: Wooden furniture can be crafted from various wood types, such as hardwood, softwood, and engineered wood. • Distribution Channel: The market includes segments for online sales, brick-and-mortar stores, and custom furniture makers. • End-User: Segments comprise residential, commercial (office, hotels, restaurants), and industrial (manufacturing facilities). 3. Regional Analysis: The wooden furniture market exhibits significant regional variations: • Asia-Pacific: This region dominates the market due to its large population, rising disposable income, and a rich tradition of wooden craftsmanship. China, India, and Japan are key players in the Asia-Pacific market. • North America: The United States and Canada have a robust wooden furniture market, with a preference for high-quality, sustainable products. • Europe: European countries like Germany, Italy, and the UK have a long history of furniture making, making them prominent players in the global market. • Rest of the World: South American countries like Brazil and Middle Eastern countries are emerging markets with increasing demand for wooden furniture. 4. Market Drivers: Several factors drive the growth of the wooden furniture market: • Urbanization: The global shift towards urban living creates a constant demand for furniture to furnish homes and commercial spaces. • Sustainability: Growing environmental awareness has led to a preference for eco-friendly and sustainable wooden furniture. • E-commerce: The rise of online retail has made it easier for consumers to access a wide range of wooden furniture products. • Customization: Consumers are increasingly seeking unique and personalized furniture items, driving the demand for custom furniture makers. 5. Market Challenges: The wooden furniture industry also faces certain challenges: • Raw Material Costs: Fluctuations in wood prices, especially hardwood, can affect profit margins. • Competition from Alternative Materials: Furniture made from metal, plastic, or composite materials competes with wooden furniture. • Supply Chain Disruptions: Events like natural disasters and pandemics can disrupt the supply of raw materials and logistics. 6. Opportunities: Opportunities in the wooden furniture market include: • Innovation: Embrace technology and design innovations to create unique and sustainable furniture. • Global Expansion: Tap into emerging markets in Africa and South America. • Eco-Friendly Initiatives: Capitalize on the increasing demand for eco-friendly and certified sustainable wooden furniture. 7. Future Outlook: The future of the wooden furniture market looks promising. As consumers become more conscious of sustainable practices, the demand for eco-friendly furniture is expected to rise. The industry will also see continuous innovation in design and materials. Online sales channels are likely to gain more prominence, and customization will remain a significant trend. Conclusion: The global wooden furniture making industry is set for steady growth in the coming years, driven by urbanization, sustainability concerns, and innovative design. While facing challenges related to raw material costs and competition, businesses in this sector can capitalize on emerging opportunities and expanding their presence in new markets to remain competitive and meet the evolving demands of consumers worldwide.
Author:
Publisher:
ISBN:
Category : Furniture industry and trade
Languages : en
Pages : 532
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Book Description
Author: United States. Federal Trade Commission
Publisher:
ISBN:
Category : Furniture industry and trade
Languages : en
Pages : 32
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Book Description
