2025 Institutional Furniture Manufacturing Industry Report

Industry Overview

This U.S. industry comprises establishments primarily engaged in manufacturing institutional-type furniture (e.g., library, school, theater, and church furniture). Included in this industry are establishments primarily engaged in manufacturing general purpose hospital, laboratory, and dental furniture (e.g., tables, stools, and benches). The furniture may be made on a stock or custom basis and may be assembled or unassembled (i.e., knockdown).
Source: US Census Bureau

Market Size and Industry Forecast

The Institutional Furniture Manufacturing industry report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2020 to 2030 reflect industry trends and growth patterns. Revenues include both public and private companies in the Institutional Furniture Manufacturing industry.

	Historical					Forecasted
	2020	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030
Market Size (Total Revenue)
% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company

Source: U.S. government financial data



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 Institutional Furniture Manufacturing companies in the United States.

Distribution by Company Size

Company Size	All Industries	Institutional Furniture Manufacturing
Small Business (< 5 Employees)
Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Institutional Furniture 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
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

Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial Ratio	Industry Average
Profitability Ratios
Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Institutional Furniture Manufacturing Industry Product Mix

Product Description	Description	Revenue ($ Millions)
Institutional furniture manufacturing
School furniture (excluding library), excl. stone and concrete
Publ. bldg and related furn., exlc. bar/bowling/school/restaurant
Library furniture, incl. Chairs/charging desks/study carrels
Church pews
Publ. bldg tables, folding, exlc. bar/bowling/school/restaurant
Other publ. Bldg chairs/seats, exlc. bar/school/restaurant
Stadium and bleacher seating, including grandstands
Publ. bldg and related furn., other types, exlc. bar/restaurant
Hospital operating room, patien room furniture, excl. beds/chairs

Institutional Furniture Manufacturing Industry Compensation and Salary Surveys

Title	Percent of Workforce	Bottom Quartile	Average (Median) Salary	Upper Quartile
Management Occupations	4%
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 $68,645,281 on the institutional furniture manufacturing industry. It has awarded 1,447 contracts to 335 companies, with an average value of $204,911 per company.

Top Companies in Institutional Furniture Manufacturing and Adjacent Industries

Company	Address	Revenue ($ Millions)