Industry Analysis & Industry Trends
Furniture and floor covering wholesales have experienced considerable pressure over the past five years. As a result, industry sales are expected to post weak annualised growth of 0.6% in the five years through 2012-13. Rising import competition, falling retail prices, higher input prices and the growing incidence of wholesale bypass created tough trading conditions for operators. Added to this, wholesale demand for furniture and floor coverings was affected by the collapse of global financial markets and uncertainty across the domestic economy, which created challenging conditions for the industry's major market being retailers... purchase to read more
Industry Report - Industry Products Chapter
Products wholesaled by this industry may be broadly segmented into furniture and floor coverings. Of these, floor coverings is the largest segment, however its relative share of industry revenue has trended downwards over the past five years owing to a slowdown in house construction activity and the home renovation market. Over the same period, the furniture wholesaling segment has posted modest growth as a result of an increase in the size of dwelling structures along with the popularity of outdoor and garden furniture.
Products covered by the furniture segment include lounge and dining furniture, bedroom suites and mattresses, office furniture, outdoor and garden furniture and blinds... purchase to read more