NAICS 337122 - Nonupholstered Wood Household Furniture Manufacturing
This U.S. industry comprises establishments primarily engaged in manufacturing nonupholstered wood household-type furniture and freestanding cabinets (except television, radio, and sewing machine cabinets). The furniture may be made on a stock or custom basis and may be assembled or unassembled (i.e., knockdown).
Industry trends:
The Nonupholstered Wood Household Furniture Manufacturing industry (NAICS 337122) is experiencing several qualitative trends. The most prominent trend is a growing consumer preference for sustainable and eco-friendly furniture. Increasing awareness about environmental conservation is prompting manufacturers to adopt sustainable practices, such as using certified wood and eco-friendly finishes. Additionally, there is a rising demand for customizable and multi-functional furniture that can adapt to smaller living spaces, driven by urbanization and the popularity of minimalist lifestyles.
Technological advancements are also having a significant impact on the industry. Automation and the use of CNC (Computer Numerical Control) machining are streamlining production processes, improving precision, and reducing waste. Furthermore, e-commerce continues to rise as an essential sales channel, as more consumers are comfortable making significant purchases online, especially post-pandemic.
In terms of forecasts, the industry is expected to see moderate growth, with a focus on innovation and sustainability. Manufacturers that integrate environmentally friendly practices and invest in technological upgrades are likely to stay competitive. The demand for space-saving furniture solutions is anticipated to escalate, aligning with continued urbanization trends. As consumers continue to prioritize quality and sustainability, companies that can balance affordability with these preferences are set to thrive in the coming years.
This industry is comprised of:
Bed frames, wood household-type, manufacturing
Bedroom furniture (except upholstered), wood household-type, manufacturing
Beds (except hospital), wood household-type, manufacturing
Beds, wood dormitory-type, manufacturing
Beds, wood hotel-type, manufacturing
Bookcases, wood household-type, manufacturing
Buffets (furniture), wood, manufacturing
Cabinets, wood household-type, freestanding, manufacturing
Camp furniture, wood, manufacturing
Card table sets (furniture), wood, manufacturing
Cedar chests manufacturing
Chairs (except upholstered), wood household-type, manufacturing
China closets, wood, manufacturing
Coffee tables, wood, manufacturing
Computer furniture, wood household-type, manufacturing
Cots, wood household-type, manufacturing
Cradles, wood, manufacturing
Cribs (i.e., baby beds), wood, manufacturing
Desks, wood household-type, manufacturing
Dining room chairs (including upholstered), wood, manufacturing
Dining room furniture, wood household-type, manufacturing
Dressers, wood, manufacturing
Dressing tables, wood, manufacturing
End tables, wood, manufacturing
Furniture, outdoor wood household-type (e.g., beach, garden, lawn, porch), manufacturing
Furniture, unassembled or knock-down wood household-type, manufacturing
Furniture, unfinished wood household-type, manufacturing
Furniture, wood household-type, not upholstered (except TV and radio housings, and sewing machine cabinets), manufacturing
Futon frames manufacturing
Garden furniture, wood, manufacturing
Hammocks, wood framed, manufacturing
Headboards, wood, manufacturing
High chairs, wood, children's, manufacturing
Home entertainment centers, wood, manufacturing
Household-type furniture, wood, not upholstered (except TV and radio housings and sewing machine cabinets), manufacturing
Juvenile furniture (except upholstered), wood, manufacturing
Kitchen chairs (e.g., upholstered), wood, manufacturing
Kitchen furniture, wood household-type, manufacturing
Knickknack shelves, wood, manufacturing
Lawn furniture, wood, manufacturing
Living room furniture (except upholstered), wood, manufacturing
Magazine racks, wood, manufacturing
Night stands, wood, manufacturing
Nonupholstered, household-type, custom wood furniture, manufacturing
Nursery furniture (except upholstered), wood, manufacturing
Playpens, children's wood, manufacturing
Porch furniture (except upholstered), wood, manufacturing
Rockers (except upholstered), wood, manufacturing
Room dividers, wood household-type, manufacturing
Serving carts, wood household-type, manufacturing
Stools, wood household-type (except upholstered), manufacturing
Tables, wood household-type, manufacturing
TV stands and similar stands for consumer electronics, wood, manufacturing
Vanities, freestanding, wood, manufacturing
Wardrobes, wood household-type, manufacturing
Water bed frames, wood, manufacturing
This report includes the ability to segment your Industry by:
- Region
- Employees
- Net Sales
- Company Age
- Total Assets
- Ownership Type
With iCFO You Get
What Is iCFO?
A review and comparison of financial performance of privately-help companies in specified SIC/NAICS industry segment, using industry standard benchmarks.
Sound Business Analysis
Answers come easily with iCFO. Review ROI, sales per employee, profit margins of the top 10%, top 25% and more, to identify areas of concern and opportunity. Examine what if scenarios and P&L impact of reducing costs or adding revenue.
Your Business’ Health In Minutes
It takes only five minutes to enter your data and produce a concise profile of your company’s fiscal state, including critical business ratios focusing on liquidity, profitability, asset efficiency, and growth.