Household & Institutional Furniture & Kitchen Cabinet Manufacturing Industry - Market Size, Trends, and Growth - 2025-2030
Industry Overview
This industry group comprises establishments manufacturing household-type furniture, such as living room, kitchen and bedroom furniture and institutional (i.e., public building) furniture, such as furniture for schools, theaters, and churches.
Source: U.S. Census BureauMarket Size and Industry Forecast
This research report analyzes the market size and trends in the Household and Institutional Furniture and Kitchen Cabinet Manufacturing industry. It shows overall market size from 2020 to the present, and predicts industry growth through 2030. Revenues data include both public and private companies.
| Historical | Forecasted |
|---|
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|
| Market Size (Total Revenue) | Included in Report |
| % Growth Rate |
| Number of Companies |
| Total Employees |
| Average Revenue per Company |
| Average Employees per Company |
Source: U.S. government financial dataIndustry Revenue ($ Billions)
Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.
Geographic Breakdown by U.S. State
Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Household & Institutional Furniture & Kitchen Cabinet Manufacturing companies in the United States.
Household & Institutional Furniture & Kitchen Cabinet Manufacturing Revenue by State
Distribution by Company Size
| Company Size | All Industries | Household & Institutional Furniture & Kitchen Cabinet Manufacturing |
|---|
| Small Business (< 5 Employees) | Included |
| Small Business (5 - 20) |
| Midsized Business (20 - 100) |
| Large Business (100 - 500) |
| Enterprise (> 500) |
Household & Institutional Furniture & Kitchen Cabinet Manufacturing Industry Income Statement (Average Financial Metrics)
Financial statement analysis determines averages for the following industry forces:
- Cost of goods sold
- Compensation of officers
- Salaries and wages
- Employee benefit programs
- Rent paid
- Advertising and marketing budgets
The report includes a traditional income statement from an "average" company (both public and private companies included).
| Industry Average | Percent of Sales |
|---|
| Total Revenue | Included |
| Operating Revenue |
| Cost of Goods Sold (COGS) |
| Gross Profit |
| Operating Expenses |
| Operating Income |
| Non-Operating Income |
| Earnings Before Interest and Taxes (EBIT) |
| Interest Expense |
| Earnings Before Taxes |
| Income Tax |
| Net Profit |
Average Income Statement
Cost of Goods Sold
Salaries, Wages, and Benefits
Rent
Advertising
Depreciation and Amortization
Officer Compensation
Net Income
Financial Ratio Analysis
Financial ratios allow a company's performance to be compared against that of its peers.
| Financial Ratio | Industry Average |
|---|
| Profitability Ratios | Included |
| Profit Margin |
| ROE |
| ROA |
| Liquidity Ratios |
| Current Ratio |
| Quick Ratio |
| Activity Ratios |
| Average Collection Period |
| Asset Turnover Ratio |
| Receivables Turnover Ratio |
| Inventory Conversion Ratio |
| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|
| Management Occupations | 4% | Included |
| Chief Executives | 0% |
| General and Operations Managers | 2% |
| Office and Administrative Support Occupations | 10% |
| Production Occupations | 64% |
| Assemblers and Fabricators | 12% |
| Miscellaneous Assemblers and Fabricators | 12% |
| Assemblers and Fabricators, All Other, Including Team Assemblers | 11% |
| Textile, Apparel, and Furnishings Workers | 8% |
| Woodworkers | 27% |
| Cabinetmakers and Bench Carpenters | 18% |
| Cabinetmakers and Bench Carpenters | 18% |
| Woodworking Machine Setters, Operators, and Tenders | 7% |
| Woodworking Machine Setters, Operators, and Tenders, Except Sawing | 5% |
| Other Production Occupations | 8% |
| Transportation and Material Moving Occupations | 7% |
| Material Moving Workers | 6% |
Government Contracts
The federal government spent an annual total of
$275,630,199 on the household & institutional furniture & kitchen cabinet manufacturing industry. It has awarded 5,015 contracts to 758 companies, with an average value of $363,628 per company.
Top Companies in Household & Institutional Furniture & Kitchen Cabinet Manufacturing and Adjacent Industries
| Company | Address | Revenue
($ Millions) |
|---|
Included |
