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 Bureau

Market 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.

HistoricalForecasted
20202021202220232024202520262027202820292030
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 data

Industry Revenue ($ Billions)

Industry Market Size
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022
  • 2023
  • 2024


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

Market Size by State

Distribution by Company Size

Company SizeAll IndustriesInstitutional 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:
The report includes a traditional income statement from an "average" company (both public and private companies included).

Industry AveragePercent 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

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 RatioIndustry 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

Institutional Furniture Manufacturing Industry Product Mix

Product DescriptionDescriptionRevenue
($ 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


Institutional Furniture Manufacturing Industry Compensation and Salary Surveys

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations4%

Included

Chief Executives0%
General and Operations Managers2%
Office and Administrative Support Occupations10%
Production Occupations64%
Assemblers and Fabricators12%
Miscellaneous Assemblers and Fabricators12%
Assemblers and Fabricators, All Other, Including Team Assemblers11%
Textile, Apparel, and Furnishings Workers8%
Woodworkers27%
Cabinetmakers and Bench Carpenters18%
Cabinetmakers and Bench Carpenters18%
Woodworking Machine Setters, Operators, and Tenders7%
Woodworking Machine Setters, Operators, and Tenders, Except Sawing5%
Other Production Occupations8%
Transportation and Material Moving Occupations7%
Material Moving Workers6%

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

CompanyAddressRevenue
($ Millions)

Included





Order the Report on Institutional Furniture Manufacturing
PublisherPell Research
GeographyUnited States
Publication DateApril 2025
Report FormatPDF Download  PDF
Price

Institutional Furniture Manufacturing Report Contents
Report Objectives

For Private Equity Firms & Investors

For Business Executives

For Startups

For Venture Capital

Related Market Research Reports

Household & Institutional Furniture & Kitchen Cabinet Manufacturing
Wood Kitchen Cabinet & Countertop Manufacturing
Upholstered Household Furniture Manufacturing
Nonupholstered Wood Household Furniture Manufacturing
Metal Household Furniture Manufacturing
Household Furniture Manufacturing
Institutional Furniture Manufacturing
Office Furniture (including Fixtures) Manufacturing
Wood Office Furniture Manufacturing
Custom Architectural Woodwork & Millwork Manufacturing
Office Furniture Manufacturing
Showcase, Partition, Shelving & Locker Manufacturing
Mattress Manufacturing
Blind & Shade Manufacturing