Although office furniture system prices have been rising, buyers have benefited from the penetration of low-cost imports into the market, which has pressured domestic suppliers to limit price growth in order to remain competitive.

In the early part of the past five years, as new home construction was stagnant, the wood flooring manufacturing industry’s demand shifted to home improvement rather than new construction, according to IBISWorld’s Wood Flooring Manufacturing in the US industry report.

Renewed home construction and remodeling will boost demand for flooring. For these reasons, industry research firm IBISWorld has added a report on the Wood Flooring Manufacturing industry to its growing industry report collection.

In the five years to 2014, the Cabinet and Vanity Manufacturing industry experienced both a contraction and recovery in revenue; however, the industry is expected to grow over the five years to 2019 because improving economic conditions will encourage consumers to resume spending on home improvement projects delayed during the recession and increased demand from homebuyers will translate into more cabinet and vanity purchases, as consumers seek to finish their new homes.

An analysis of medium-density fiberboard (MDF) pricing trends projects buyers will still have an ability to negotiate terms of purchasing contracts.

Over the past three years, prices for medium-density fiberboard have grown moderately due to greater construction activity, higher spending on home improvements and rising lumber and resin prices. For these reasons and to help procurement professionals make better buying decisions faster, business intelligence firm IBISWorld has added a report on the procurement of Medium-Density Fiberboard to its growing collection of procurement category market research reports.

Consolidation is not forecast to continue over the next five years; nevertheless, operators will continue to find it difficult to compete. For these reasons, industry research firm IBISWorld has added a report on the Furniture Stores industry to its growing industry report collection.

As the number of US businesses increases, industry revenue is forecast to rise; however, some mitigating factors will remain. For these reasons, industry research firm IBISWorld has updated a report on the Office Furniture Manufacturing Industry industry in its growing industry report collection.

The Hardware Manufacturing industry was forced to contend with increased competition from abroad and recession-driven declines in demand from downstream markets over the past five years; going forward, a recovery in downstream construction markets, both in Canada and the United States, will drive demand for industry products, presenting an opportunity for industry manufacturers.

Accelerated economic growth will reduce unemployment and boost wages and as a result, consumer confidence and spending will increase, leading to higher demand for home furnishings. For these reasons, industry research firm IBISWorld has updated a report on the Home Furnishing Stores industry in its growing industry report collection.