Wood Office Furniture Market Overview in the USA
In value terms, wood office furniture production amounted to $••• in 2017. Overall, wood office furniture production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when production volume increased by •••% year-to-year. Wood office furniture production peaked at $••• in 2007; however, from 2008 to 2017, production failed to regain its momentum.
The revenue of the wood office furniture market in the U.S. amounted to $••• in 2017, rising by •••% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, wood office furniture consumption, however, continues to indicate a slight decrease. The pace of growth was the most pronounced in 2015 when the market value increased by •••% y-o-y. Wood office furniture consumption peaked at $••• in 2007; however, from 2008 to 2017, consumption remained at a lower figure.