Institutional Furniture Manufacturing Industry - Market Size, Trends, and Growth - 2025-2030
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: U.S. Census BureauMarket Size and Industry Forecast
This research report analyzes the market size and trends in the Institutional Furniture 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)
Industry Forecast ($ 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 Institutional Furniture Manufacturing companies in the United States.
Institutional Furniture Manufacturing Revenue by State
Distribution by Company Size
| Company Size | All Industries | Institutional Furniture Manufacturing |
|---|
| Small Business (< 5 Employees) | Included |
| 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 are 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 |
Products and Services Mix
Product lines and services in the Institutional Furniture Manufacturing industry accounting for the largest revenue sources.
| Product Description | Description | Revenue
($ Millions) |
|---|
Institutional furniture manufacturing | Included |
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 |
Salary information for employees working in the Institutional Furniture Manufacturing industry.
| 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
$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) |
|---|
Included |
