Online Office Furniture Sales in the US Industry Market Research Report Now Available from IBISWorld

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Although the steady trend of shoppers moving online supported the Online Office Furniture Sales industry over the past five years, the recession dampened spending on new office furniture, both by individuals for home offices and companies for office buildings. As the unemployment rate slowly declines, corporate profit expands and internet user numbers continue to grow, the industry is positioned for strong and stable growth. For this reason, industry research firm IBISWorld has added a report on the Online Office Furniture Sales industry to its growing industry report collection.

IBISWorld Market Research

IBISWorld Market Research

An improved employment rate and growth in corporate profit will spur office furniture sales.

In the five years to 2012, the Online Office Furniture Sales industry's revenue is expected to grow at an annualized rate of 3.5% to $2.1 billion, largely due to the overall increasing prevalence of e-commerce. In 2012, about 44.8% of total manufacturing shipments are expected to go to e-commerce businesses, up from 35.2% in 2007. “As a result of this growth, the declines experienced by the industry during the recession were not as drastic as those experienced in other industries that retail office furniture,” says IBISWorld analyst Kevin Culbert, referencing the Office Supply Stores industry (IBISWorld report 45321) as an example.

Despite the consistent move online, Online Office Furniture Sales industry growth has not been steady throughout the past five years. During the recession, operators suffered as unemployment increased and businesses closed their doors. According to Culbert, troubles in the labor market were twofold: Consumers had fewer discretionary dollars to spend on home office furniture, while corporations struggled with diminished profit margins and were no longer expanding into additional or bigger offices.

In the five years to 2017, the industry will fare better, thanks to falling unemployment and rising investment in computers. And the rising prevalence of broadband and high-speed internet will continue to boost overall e-commerce demand. As the industry’s largest players, including OfficeMax, Office Depot and Staples, increase in size as a result of acquisitions, smaller or new companies will look to alternative models, such as built-to-order units. Although the top companies control a significant share of the industry, it’s considerably less concentrated among smaller players, which are more likely to sell specialized units or specific product types. Like most e-commerce industries, the industry has relatively low barriers to entry. For more information, visit IBISWorld’s Online Office Furniture Sales in the US industry page.

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IBISWorld industry Report Key Topics

This industry sells office furniture online. Products include desks, tables and seating. The industry does not include brick and mortar sales of office furniture.

Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
Supply Chain
Products & Services
Major Markets
Globalization & Trade
Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
Major Companies
Operating Conditions
Capital Intensity
Key Statistics
Industry Data
Annual Change
Key Ratios

About IBISWorld Inc.
Recognized as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.

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Gavin Smith
IBISWorld
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