Recessionary declines rocked the industry, but it is slowly recovering along with the economy.
New York, NY (PRWEB) August 02, 2014
Over the five years to 2014, revenue for the Retail Store Fixture Dealers industry is expected to trend higher after recessionary declines. Rising consumer confidence and growth in per capita disposable income will encourage consumers to return to retail spending, providing retailers with the funds necessary to drive renovations and expansions, which, in turn, fuels the need for retail store fixtures. In 2010, industry revenue gradually began to pick up as consumers gained more confidence in the economy, and retailers and fixture dealers reaped the rewards. According to IBISWorld Industry Analyst Brandon Ruiz, “these changes, coupled with a recovering economy, are expected to propel industry revenue higher over the five years to 2014.”
Despite favorable economic trends, there have been a number of developments over the past few years that have inhibited demand for retail fixtures. For example, more retailers are demanding flexible fixtures as retailers look to get more mileage out of their fixtures and are requesting that fixtures be manufactured to maximize portability. Pop-up stores are also becoming increasingly popular, and retail fixture dealers will alter their product offerings to capitalize on this trend. Dealers are stocking portable pieces that break down easily, either to be moved to a different location or discarded.
Over the five years to 2019, higher disposable income and stronger consumer confidence will boost retail sales, thereby spurring demand for retail fixtures. “However, the shift in the retail landscape away from specialty retail stores toward department stores, mass merchandisers and warehouse clubs will limit the expansion opportunities for this industry,” says Ruiz. Sole proprietors, smaller chains and specialty retailers are responsible for a large percentage of retail fixture purchases and also tend to purchase most of the higher-end customized products that the industry provides. This factor will shift the product mix toward more generic and lower-margin fixtures. As a result of these factors, IBISWorld expects industry revenue to grow over the five-year period.
For more information, visit IBISWorld’s Retail Store Fixture Dealers in the US industry report page.
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IBISWorld industry Report Key Topics
The Retail Store Fixture Dealers industry primarily acquires retail store fixtures from manufacturers and resells them to retail industries. The industry includes a wide variety of products, such as showcases and counters; gondola store shelving; glass, wood and plastic displays; display racks; gridwall; slatwall and accessories; forms and mannequins; sign holders; and food and jewelry displays.
Key External Drivers
Industry Life Cycle
Products & Markets
Products & Services
Globalization & Trade
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
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