Unravelling: Intense import competition results in falling revenue and company exits

IBISWorld’s Wicker and Fibreglass Furniture Manufacturing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.


Market Share of Companies
There are no companies with a dominant market share in this industry
Industry Statistics & Market Size
Annual Growth
2011 - 2016
Annual Growth
2016 - 2021

Industry Analysis & Industry Trends

The Wicker and Fibreglass Furniture Manufacturing industry has performed poorly over the past five years. The industry has struggled to maintain its share of the domestic furniture market due to strong competition from low-cost imports and substitute furniture goods that are made from wood, plastic and steel. In addition, demand from key downstream furniture retailers has been subdued, while demand from other furniture manufacturers has declined over the period. These trends have limited demand for industry products. As a result, industry revenue is expected to fall at an annualised 3.0% over the five years through 2015-16, to reach $294.3 million. Industry revenue is expected to rise by 1.3% in 2015-16, boosted by rising household expenditure on outdoor furniture...

shopping_cartBUY NOW TO READ MORE

Industry Report - Starting a New Business Chapter

Moderate barriers to entry characterise the industry and these barriers have remained unchanged over the past five years. New entrants to the industry usually face strong competitive pressures from existing firms with established brand names, customer networks and financial security. Barriers to the entry can vary according to the industry's main product segments. The wicker furniture segment typically has low start-up costs and new entrants can quickly establish a presence through local craft and retail outlets.

In contrast, greater initial start-up costs are required to invest in machinery and equipment in the fibreglass furniture product segment. These initial capital costs may be prohibitive for prospective entrants. Est..

shopping_cartBUY NOW TO READ MORE

Look under the hood?

Download a FREE sample report

Industry Products

What is the Wicker and Fibreglass Furniture Manufacturing Industry?

Companies in the industry manufacture furniture or furniture parts from materials such as cane, bamboo, rattan and fibreglass. The industry excludes firms that manufacture furniture that is mainly made from wood, plastic or metal.

Industry Products
Assembled wicker furniture
Unassembled wicker furniture and parts
Fibreglass furniture and parts
Industry Activities
Wicker furniture
Bamboo furniture
Cane furniture
Fibreglass furniture
Rattan furniture
Furniture part

Table of Contents

About this Industry

Industry Definition
Main Activities
Similar Industries
Additional Resources

Industry at a Glance

Industry Performance

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

Products & Markets

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

Competitive Landscape

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
industry Globalisation

Major Companies

Operating Conditions

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

Key Statistics

Industry Data
Annual Change
Key Ratios

Jargon & Glossary

Contact Us

Want to speak to a representative? Call us.