Research and Markets: Value of American Residential Furniture Market over $ 40 Billion at Wholesale Prices

Business Wire, Sept 27, 2004

DUBLIN, Irelland -- Research and Markets (http://www.researchandmarkets.com) has announced the addition of Guide to Exporting Household Furniture to the United States of America to their offering

United States of America offers great opportunities for foreign exporters who have a clear understanding of its characteristics. The size of the American residential furniture market is over $ 40 billion (at wholesale prices). There are no borders, a single language and a single currency. Not only is the market very large, during the past decade it has been growing faster than most other countries of the developed world. It seems that this positive trend will continue.

The American economy is very diversified and can accommodate a wide variety of niche products. Furniture imports have been advancing at double-digit rates in recent years. Today, about one-third of all furniture consumed in America is produced abroad. In fact, the United States is the world's largest furniture importer. The American economy is very diversified and can accommodate a wide variety of niche products. Furniture imports have been advancing at double-digit rates in recent years. Today, about one-third of all furniture consumed in America is produced abroad. In fact, the United States is the world's largest furniture importer.

Furniture manufacturers and retailers in the United States are increasingly seeking foreign product. High-end specialty stores are under great pressure to distinguish themselves from competing stores. Some of them maintain permanent buying offices in key supply countries.

While the search for advantageous prices is one major reason, the hunt for exclusive items with unique designs is another motivating force.

The large size and the wealth of the American market have attracted the interest of exporters from around the world and competition among foreign and domestic furniture suppliers has become very intense.

Topics covered in this report include:

1. The Nature of the American Furniture Market

2. Export-readiness

3. Promotion

4. Distribution Channels

5. Export Logistics and Costs

6. Export Financing

For more information visit http://www.researchandmarkets.com/reports/c5350