'); //->
It has been another strong year for office and custom furniture manufacturers, and most companies have seen considerable sales growth.
Overall, in 2019, sales of the FDMC 300 group of companies increased by 4.5% to reach 57.171 billion US dollars.
This group of cabinets, wood products, furniture and store fixture manufacturers achieved sales growth for the eighth consecutive year in the just-completed year 2019. Among the largest offices and contract manufacturers, the order of the 10 largest companies in this market segment has not changed.
FDMC 300 is the largest collection of 300 cabinet, furniture, wood products, store fixtures, office/contract and parts manufacturers in North America. The annual summary of the sales performance of the wood manufacturing company is published annually by the following agencies
magazine.
Preliminary estimates of the North American office, education and healthcare furniture market conducted by IHS Markit, and the Association of Commercial and Public Furniture Manufacturers estimate that it will reach 16.99 billion U.S. dollars in 2019. This is an increase of 4.3% over the actual market size figure in 2018.
The largest manufacturers listed here and ranked by sales have a large share of the overall market.
The company's overall sales in fiscal year 2019 increased by more than 12% from the previous year, reaching US$3.443 billion. The departments include Coalesse, Turnstone, Steelcase Health, Details and Vectra. The company produces seats, lighting, storage, furniture systems, interior building products and related products.
. The company produces contract/office furniture and related services, as well as residential furniture, including desks, office systems, office chairs, healthcare systems, manufacturing and laboratory systems, home office, temporary and educational furniture. Sales of the publicly traded office and engagement furniture company increased by 8% to $2.567 billion.
Revenue reported in February 2019 for the most recent fiscal year. Sales increased by 5% over the previous year. The company is headquartered in the Netherlands, Michigan, has 7,500 employees, production contracts and office furniture. Including system furniture, office chairs and chairs, desks, archives/storage, luggage, tables and upholstered visitor chairs.
Contract and office furniture manufacturers manufacture desks, storage rooms, file/storage, office systems, office chairs, bookcases, conference tables, home office furniture and glass walls. The company has 8,500 employees and reported sales of $1.697 billion in 2018. Based on data from the office furniture segment in the third quarter, we earlier estimated sales of $1.66 billion. Ten production sites including Cedartown, Georgia; metric tons. Iowa Pleasant and Muscat; and New York Wayland.
According to reports, final sales in February 2020 were US$1.428 billion, an increase of 10%. Our previous estimates are based on the entire business in the third quarter of fiscal 2019. The company has 4,000 employees and produces contract/office furniture, including office systems, office chairs, desks, bags, documents and lockers, administrative office furniture, tables, lounge chairs, sofas, contract textiles and leather.
The Canadian company is a large manufacturer of contract/office furniture, RTA furniture, office chairs, office chairs, documents/storage, desks, office systems, conference tables, bookcases, sofas, soft chairs, swivel chairs, conference/training room furniture, Healthcare and education. Generally estimated sales are 1 billion U.S. dollars. There are many locations in Canada and the United States. Toronto and Malton, New Jersey are large companies.
The company reported sales of $764.1 million in 2019, a significant increase from 2018. The company's 3,075 employees produce office and hospitality furniture and cabinet products in Boden, Jasper, Salem, Indiana, and Santa Claus, Indiana; Danville and Fortsville, Kentucky; and Martinsville, Virginia.
. The Wisconsin-based contract and public agency furniture company produces chairs, ergonomic chairs, conference tables, document/storage, classroom furniture, auditorium chairs, wall systems, adjustable work surfaces, and healthcare furniture. Our estimated sales are $650 million. The divisions include Canada KI, Europe KI Middle East Africa, Pallas Textiles and Spacesaver. KI has 3,000 employees.
The Canadian contract and office furniture manufacturer has 3,400 employees and operates factories in Calgary, Alberta; Concord, Markham and Toronto, Ontario; Montmagni, Saint-Valier, and Saint-Romuel, Quebec ; Clayton, North Carolina; and Malaysia. Teknion produces office chairs, lockers, desks, office systems, conference tables, bookcases, sofas, upholstered chairs and building wall systems. We estimate annual sales of 500 million US dollars.
Last year, sales increased sharply again, reaching $450 billion last year. The Indiana company produces desks, archives/storage, conference tables, office chairs, office chairs; healthcare, education, and hospitality furniture. The company has manufacturing facilities in Huntingburg, Indiana; Huntington Beach, California; Lichfield, Kentucky; and Archidale, North Carolina.
According to Smith Leonard's "Furniture Insights" survey of residential furniture manufacturers and distributors, the year-end figures for residential furniture orders in 2019 showed a decline of 2% and a slight increase in shipments. An estimated 71% of survey respondents reported low orders throughout 2019.
One year ago, in 2018, new orders were reported to have increased by 6%. Compared with the same period last year, new furniture orders in December 2019 increased by 4%.
The following are the largest residential furniture manufacturers in FDMC 300:
1. Ashley Furniture Industries
2. La-Z-Boy Inc.
3. Dorel Industries, Inc.
4. Hooker Furniture Company
5. Flexsteel Industries Inc.
6. Ethan Allen Interiors Inc.
7. Brown Jordan International
8. Klausner Furniture Industry
9. Bassett Furniture Industry
10. Rock House Farm-Century Furniture
For more information about FDMC 300, see
(USD)
$13.56 billion
$13.78 billion
14.18 billion USD
$14.96 billion
+ 1.6%
+ 3.0%
+ 5.5%
US$920 million
1.08 billion USD
1.04 billion USD
US$980 million
+ 17.2%
-4.2%
-5.1%
US$980 million
US$960 million
1.06 billion USD
1.04 billion USD
-2.2%
10.0%
-2.0%
$15.47 billion
15.82 billion USD
$16.28 billion
16.99 billion USD
+ 2.3%
+ 2.9%
+ 4.3%
Have something to say? Share your thoughts with us
the following.
Karl D. Forth is the online editor of CCI Media. In addition to newsletters and custom publishing projects, he also writes news and features in FDMC magazine. He also participated in event organization and compiled the annual FDM 300 industry leader list. He can be contacted by
.
Get the latest headlines every day
Go to our redesigned homepage!
More stories
