$75.3bn
$X.Xbn
91,280
11,067
$X.Xbn
The home furnishing wholesaling industry has weakened in recent years as the value of private residential and nonresidential construction has fallen. At the same time, e-commerce sales, which facilitate sales that bypass wholesalers, have risen. Declines in the value of construction slow the development of new houses and harm demand for home furnishings to decorate them. While the industry was buoyed from the worst of the pandemic by boosted investment in home improvement, large inflation-related drops in 2022 and 2023 offset any previous gains. Growing economic uncertainty and weaker disposable income led consumers to lower non-essential purchases, causing revenue and profit to shrink. Revenue has been falling at an estimated CAGR of 1.5% to $75.3 billion through 2024, including a 0.3% gain that year alone.
Industry revenue has declined at a CAGR of 1.5 % over the past five years, to reach an estimated $75.3bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
---|---|---|---|---|
Shaw Industries Group, Inc. | 4,657.5 | 672.7 | 14.4 | |
Mohawk Industries, Inc. | 2,025.8 | 229.7 | 11.3 | |
Newell Brands Inc. | 1,650.7 | 54.0 | 3.3 |
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Industry revenue is measured across several distinct product and services lines, including Flooring and floor coverings, Linens, bedding and other household textiles and Window treatments. Flooring and floor coverings is the largest segment of the Home Furnishing Wholesaling in the US.
Flooring and floor coverings are lucrative
This industry wholesales a broad range of furnishings for homes, including carpets, curtains, floor coverings, kitchen utensils, rugs and window shades. Wholesalers purchase goods from domestic and international manufacturers and then sell them to department stores, furnishing specialty shops and other businesses. This industry excludes furniture wholesaling.
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NAICS 42322 - Home Furnishing Wholesaling in the US
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Lower construction values harm demand for wholesalers. Decreases in the number of housing starts lessens demand for home furnishings, especially flooring.
Learn about an industry's products and services, markets and trends in international trade.
Nearly half of the industry's revenue comes from flooring and floor coverings sales. These products are highly popular among construction companies, are bought in bulk and co...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
The West is the main region for home furnishings wholesaling. Many of the industry's products are constructed in lower-wage Asian nations, so access to seaports in Los Angele...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Wholesalers are being skipped over. Whether manufacturers are going directly to retailers or overseas competitors selling directly to consumers, wholesalers are losing their ...
Learn about the performance of the top companies in the industry.
Vertical integration is key. Major companies like Shaw are able to help cushion the slim profit margins by owning their own carpet mills and lowering purchasing costs.
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
The Consumer Product Safety Commission ensures products are fit for use. The American Home Furnishings Alliance lobbies for manufacturers, retailers and wholesalers to get sa...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Profit will continue to contract. Rising input costs and fierce price competition will continue to compress margins for wholesalers, who already face low profit.
Including values and annual change:
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Key data sources in the US include:
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The market size of the Home Furnishing Wholesaling in the US industry in United States is $75.3bn in 2024.
There are 11,067 businesses in the Home Furnishing Wholesaling in the US industry in United States, which has declined at a CAGR of 2.3 % between 2019 and 2024.
The market size of the Home Furnishing Wholesaling in the US industry in United States has been declining at a CAGR of 1.5 % between 2019 and 2024.
Over the next five years, the Home Furnishing Wholesaling in the US industry in United States is expected to grow.
The biggest companies operating in the Home Furnishing Wholesaling market in United States are Shaw Industries Group, Inc., Mohawk Industries, Inc. and Newell Brands Inc.
Carpet wholesaling and Floor cover wholesaling are part of the Home Furnishing Wholesaling in the US industry.
The company holding the most market share in United States is Shaw Industries Group, Inc..
The level of competition is moderate and increasing in the Home Furnishing Wholesaling in the US industry in United States.