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Furniture Online channel Is Increasingly Growing – MIGE office furniture

by |August 12, 2018 |0 Comments | News

Traditional furniture stores maintained market share in 2015, staying at 35% from 2014 to 2015. These distribution channel statistics hail from Furniture Today’s annual distribution channel report, which analyzes furniture and bedding sales through 12 retail channels. The industry’s largest furniture stores continue to capture a greater market share. Furniture Today’s exclusive Top 100 accounted for 40% of all furniture migeof furniture and bedding sold in 2015, reaping a combined $42 billion. In 2014, the Top 100’s share stood at 37%.

The Top 100 includes stores from the three furniture channels. The traditional store channel is led by Seffner, Fla.-based Rooms To Go and also includes the Berkshire Hathaway furniture division stores, as well as independent, single-store operations. Rooms To Go increased its furniture and bedding sales to $2.2 billion in 2015, up 11.1%. The manufacturer-branded channel is led by Arcadia, Wis.based China office chair manufacturer Ashley HomeStores, the No. 1 furniture and bedding retailer for the seventh consecutive yeat Ashley sold $3.52 billion worth of product last year up 7.7% from 2014. The channel also includes La-Z-Boy Furniture Galleries and the Sleep Number stores. The lifestyle furniture channel is led by Conshohocken, Pa-based Ikea, which pulled in $3.08 billion last year; San Francisco-based Williams-Sonoma, with 2015 sales of $2.64 billion; and Corte Madera, Calif.-based RH, selling $1.71 billion in 2015, a significant 14.4% increase over 2014 furniture and bedding sales.

The only increase in market share for a distribution channels is online, which gained 1 percentage point, moving from 10% to 11%. That share translates into an estimated $11.5 billion worth of furniture and bedding sold via the Internet Wayfair, Amazon and Over China office sofa manufacturer stock are the online channel leaders. Publicly held Boston-based Wayfair increased 2015 furniture and bedding sales by a monstrous 70.7% to $1.26 billion. The company with the second largest increase in sales

from 2014 to 2015 is Mattress Firm which increased 38.6% from $1.93 billion in 2014 to $2.68 billion in 2015. Berkshire Hathaway furniture division, which includes Nebraska Furniture Mart, RC. Willey, Star Furniture and Jordan’s Furniture,had the third largest increase in sales, growing from $1.45 billion in 2014 to $1.83 billion in 2015, a 26% surge.

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New Year Is Coming With Hope for Improvement – MIGE office furniture

by |August 12, 2018 |0 Comments | News

Just sit right back, and you’ll hear a tale, a tale of a fateful election …

Just before November 8th, I was so exhausted from hearing the political babble that I began to watch reruns of Gffligan’s Island and episodes of Sponge-Bob SquarePants. I can relate to SpongeBob’s cynical neighbor, migeof Squidward. We all know that January 1st is just an arbitrary date, no different from any other day, but there is something refreshing about a new year. Add a new administration, even a controversial one, and we feel like there is hope for improvement and progress in 2017. One frustration in 2016 was that most of the economic drivers we need to show growth were reporting decent gains.

Housing turnover, household formations, mortgage rates, employment, credit availability and consumer credit capacity consumer sentiment, births and even some demographic factors should have combined to produce a better outcome than our industry has received. But nothing has improved. Election, election, election dominates anything that pretends to be news, and they will not shut up. I cannot believe China office desk manufacturer advertisers are supporting this redundancy, I remember hearing in 2008 from some high profile African Americans that Senator Obama was “not black enough,” and the Republicans said he had no administrative experience.

Today Republican critics say Mr. Trump is “not conservative enough,” and the Democrats say he has no Washington experience.

All this is reality TV at its worst, and most of us cannot stop viewing. My firm just released its most detailed furniture and mattress industry forecast. The calculations were done just after the October High Point Market based upon the University of Michigan September R.S.Q.E. economic China office partition manufacturer model Michigan just updated its model post-election, and would you like to guess the big changes? Would you believe almost none?

Our economy is so large and burdened by laws and regulations that there are limitations to what can change quickly or so history has taught us.

The first half of 2016 experienced about 1% growth in our economy, which should be an easy pace to exceed. The most positive forecast I have read for 2017 has full year growth of about 2.8%, better than this year but not great. And we may not experience that if our nation suffers through another year of presidential election paralysis. See the problem? Besides, I need to stop watching Gilligan’s Island. I’ve started calling my wife “Lovey”.

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American Archaize Furniture Style – MIGE office furniture

by |August 12, 2018 |0 Comments | News

The United States is the world’s unrivaled overlord country nowadays. Whether in the terms of economic, technical or cultural, it is unmatched in the global and has caused great influence. With the strong effect of the United States, American furniture in the world is also very famous. Among the varieties of American furniture, American antique furniture is the most popular kind with China office furniture manufacturer Americans, the country with a not long history but is very interested in antique furniture.

The United States is independent from the European colonies, the origin of American antique furniture has a great relationship with European-style furniture. Europe’s Gothic style is a common element applied in American antique furniture. Especially in the design of antique style cabinet, this antique furniture elements blend together even more obviously: corner columns and flashing stripes Guangzhou conference desk factory make furniture more historical style, and the texture which is similar to the stone is closely in accordance with the 13th century European furniture style.

Because of the short history and the relatively close time, there are not too many types of American antique furniture, its most important style is mainly from the beginning of the establishment of the country. America has reached its independence in 1783, in the history of furniture, after the independence to the first half of the 19th century furniture is known as the federal style, which is Guangzhou negotiation desk provider the earliest American furniture as well as the most common style in antique furniture. From the modeling point of view, antique style pursuits the pioneering spirit and respect for the principles of nature and elegant style, but not with excessive decoration. These features can be seen from the classic furniture works of 18,19 century down from generation to generation.

Americans pay great attention to the history of their own country, which is why the American antique furniture is loved by Americans. Guangzhou office furniture believes that, its also because its quaint and elegant temperament which are really welcomed.

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Furniture Sales of Texas Account the First of South – MIGE office furniture

by |August 12, 2018 |0 Comments | News

Furniture and bedding sales in the Lone Star state reached $8.4 billion in 2016 migeof furniture and are expected to grow 21.4% over the next five years to $10.2 billion by 2021. The greater Dallas metro area, which includes the Fort Worth and Arlington metropolitan areas, accounts for the most furniture sold in the state of Texas and in the entire Southern region. Dallas retail sales are expected to increase by 21.0% from $2.2 billion to an estimated $2.7 billion in 2021.

Texas is home to three of the five regions in the South with the most sales: After Dallas the San Antonio and Austin metro areas are forecasted to have sales of $739.2 million and $666.5 million in 2016, respectively Hinesville, Ga, is the metro China office desk manufacturer area projected to increase sales at the greatest rate at 26.9% in the next five years, an increase from $23.2 million to $29.4 million. This rate is 3% higher than the second fastest-growing metro area of Jacksonville, N.C., which is set to grow its sales by 23.9% to $65.7 million in 2021. China office partition supplier The South is currently home to six billion dollar furniture metro areas: Dallas, the Disthct of Columbia, Houston, Miami, Atlanta and Tampa, Fla These six metro areas? sales of $11.2 billion account for more than 28% of the South’s total furniture sales.

Overall, the South accounts for 38% of country’s total furniture and bedding retail sales. This year Southern region of the country is forecasted to have $39.5 billion in sales and grow 20.9% between 2016 and 2021 to$47.7billion.

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For Success in The Furniture Business- M.O.W.! – MIGE office furniture

by |August 12, 2018 |0 Comments | News

Once a year the M.O.W., the fair for furniture business, presents to the furniture trade the whole range of regular suppliers, and together with these again and again interesting new supplier addresses and well-known new exhibitors. The offer comprises: all assortments – from conventional to self service, and among these individual pieces of furniture and systems as well as top-selling goods for brochures, advertising and special offers, drop shipping, private brands as well as exclusive models. The wide spectrum of offers covers all price categories – from the upper China office furniture provider price range to the lower starting price – and comprises all categories of products such as living, upholstery, dining, sleeping, entrance hall, baby, children and young people, small and individual pieces of furniture, for conventional furnishings as well as living for young people/flat pack furniture systems/self service, and e-commerce. The focused subjects through all distribution channels comprise besides others solid wood, bathroom, upholstery, mattresses/box spring, design. The visitors appreciate above all the clear presentation structure concentrated at one site, the central position and the favourable traffic connections conference desk as well as the service at zero cost: entry, catalogue, catering, and parking areas are free!

Indispensable for all those who market furniture successfully!

“The selection of the exhibiting manufacturers is good.” Jens Westerwelle, managing director purchase dept.  Einrichtungspartnerring

“We use the M.O.W. intensively to further develop our assortment.” Dieter Eckhardt, power of attorney/head of purchase dept.  Pilipp-Group

“For the discount sector the M.O.W. is the most important fair in negotiation desk Germany.” Thomas Stolletz, managing director Poco-Domäne

“We take advantage of the fair to be in an excellent position prior to the decisive months.” Julia Discher, purchase dept. Möbel Mahler

“As the fair for the basics the M.O.W. is indispensable for us.” Michael Eck, managing director Die Wäscherei

“The M.O.W. is definitely scheduled in our calendar.” Matthias Siepe, Managing Director Buying Westwing Home and Living

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Furniture Sales of Midwest America Compared to National Average – MIGE office furniture

by |August 12, 2018 |0 Comments | News

Like last year, the Dakotas are fueling the Midwest region’s furniture guangzhou office furniture growth. North Dakota is expected to grow furniture and bedding sales 2 2.7%, from an estimated $269.7 million in 2016 to $330.9 million in 2021. South Dakota is projected to increase sales 22.3% over the next five years from $287.4 million to $351.3 million.

Four additional Midwest states will grow furniture and bedding sales at faster rates than the country: Minnesota is expected to hit $2.3 billion over the next five years, a 21.7% growth rate; Wisconsin is expected to grow 21.3% from $2 billion in office sofa 2016 to 2.4 billion in 2021; and Illinois and Nebraska are both slated to grow furniture sales by 21.2% in five years. Illinois is expected to grow from $4.2 billion to $5.1 billion and Nebraska from $634.3 million to $768.8 million.

The two largest Midwestern states in terms of furniture sales are Illinois and Ohio. Retail sales in Illinois are forecasted to hit $5.1 billion by 2021, and Ohio will reach furniture and bedding sales of $4.7 billion. The metro of Dickinson, N.D., is predicted to be the fastest growing in the Midwest. Dickinson will increase furniture and mattress sales by an estimated 25.7% to $15 million in 2021. office chair Athens, Ohio and Garden City Kan. are tied for the second fastest-growing metro area in the Midwest; both are expected to grow 23.5% from 2016 to 2021.

 

The largest major metro in the region, Chicago, will see furniture sales increase 2 1.5% between 2016 and 2021 to $3.8 billion. Chicago is home to 9.6 million people and 3.5 million households with an average in come of $100406.

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Furniture Sales in North America Up to 21% – MIGE office furniture

by |August 12, 2018 |0 Comments | News

While the Northeast region of the U.S. encompasses only nine migeof office furniture states, 56.4 million people live there and purchase furniture and bedding. Those consumers spent a combined $18.9 billion on product in 2016. The region contains the largest metropolitan area in the country; both in terms of population and in furniture sales, New York City. The greater New York major metro is projected to increase furniture sales by 2 1.4% over the next five years.

Three states in the North east are predicted to increase sales faster than office desk the national average of 2 1.1%: New York Massachusetts and Vermont. New York’s furniture and bedding sales are anticipated to grow by 21.5%; Vermont’s sales are expected to grow by 21.4% and Massachusetts by 21.2%.

Ithaca, N.Y., has the highest rate of growth from 2016 to 2021 in the northeast of 22.7% to reach $41.7. The average household living in Ithaca earns $84,464. The second fastest-growing metro area in the Northeast is Watertown-Fort Drum, N.Y., slated to grow 22.6% over the next five years and Vineyard Haven, Mass., with a growth rate of 21.9%. Overall, 16 metro areas in the Northeast are expected to out-pace office partiton the national average of 21.1% sales growth from 2016 to 2021.

The county of Hudson, N.J., is predicted to grow furniture sales by 23.6% to $285 million over the next five years. That makes Hudson the fastest-growing county in the Northeast. Average household incomes within Hudson are $99,872. A total of 673,654 people and just 260,375 house holds live there.

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New York Ranks the First of Furniture Sales in Urban City – MIGE office furniture

by |August 12, 2018 |0 Comments | News

Eighteen major metropolitan markets individually sold $1 billion or more in Guangzhou office  furniture and bedding retail sales in 2015. This impressive group, led by the New York City metro, retailed a combined $37.6 billion, which amounts to a 38.2% market share of total sales.

The New York metro area, including surrounding cities in New Jersey and Pennsylvania, alone sold $6.6 billion worth of furniture and mat tresses last year, single-handedly accounting for 6.6% of all retail dollars. The greater Big Apple’s sales are predicted to rise another 21.4% between 2016 and 2021 to reach $8.0 billion.

All U.S. major markets in the U.S. garnered $98.5 billion of furniture office chair and bedding sales, amounting to a 94% share of sales. The Census Bureau defines a major metropolitan statistical area as one containing a core urban area with a population of 50,000 or more.

The Hinesville, Ga., metroarea is the fastest-growing major market, with $23.2 billion in sales this year. It is projected to hit $29.4 billion in 2020, a 26.9% increase.

The Dickinson, N.D., metro is expected to grow its sales by 25.7% over the office sofa five-year period from $12 billion to $15.1 billion.

Of the 25 fastest-growing major markets for furniture sales over the next five years, nine are located in the West, eight are in the South, and eight are in the Midwest; none area in the Northeast.

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The Top 10 States Household Furniture Income in 2016 By Average – MIGE office furniture

by |August 12, 2018 |0 Comments | News

Utah will see the highest growth in population by 4.5% over the next five years from 3,009,085 to 3,144,822. That’s the leading growth rate for all states.

The District of Columbia has the highest rate of growth for household income at 14.4%. The District of Columbia will also see one of the highest growths in population at 4.4%, which explains why it is slated with the highest growth migeof furniture rate overall in furniture and bedding sales.When it comes to average income, after the District of Columbia, Maryland and California have the highest rate of growth in household income at 13.8%. New Jersey’s average household income is expected to grow by 13.7%, and Connecticut and Virginia are slated to grow by 13% each.

The state with the most people is California, with a population of 39.3 million, followed by Texas, with 27.6 million. California’s furniture and bedding sales are expected to grow at the national average rate of 2 1.1%, by 2021, while Texas is expected office desk to grow furniture sales by 2 1.4% between 2016 and 2021, higher than the national average.

Here is the Top 10 states office partition by 2016 population: California: 39,278,004, Pennsylvania: 12,839,655, Texas: 27,617,232, Ohio: 11,651,318, Flonda: 20,388,134, Georgia: 10,262,971, New York :19,823,730, North Cazolina: 10,095,536, Illinois: 12,882,283, Michigan: 9,949,243.

And here is the Top 10 states by 2016 average household income:

NewJersey $116,941

Maryland $116,757

District of Col. $116,677

Connecticut $115,758

Massachusetts $108,020

Virginia $105,523

Hawaii $102,188

California $102,124

Alaska $101,664

New York $100,268

 

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Info about the 23rd China International Furniture Expo – MIGE office furniture

by |August 12, 2018 |0 Comments | News

 

Shanghai UBM Sinoexpo International Exhibition Co. Ltd. (UBM Sinoexpo) recently signed a ten-year (2014-2023) strategic cooperation agreement with the Shanghai New International Expo Centre (SNIEC) in Pudong.This is yet another important development following UBM Sinoexpo’s successful staging of the 20th China International Furniture Expo (Furniture China) at SNIEC in September 2014. Ever China office furniture factory since Furniture China moved to SNIEC in 2002, the size of UBM Sinoexpo’s three major shows – Furniture China, Hotelex Shanghai, and CPhI China / FIA-China – have reached or exceeded 200,000 sqm each, with Furniture China covering a total floor space of more than 300,000 sqm and a net space of 170,000 sqm (including Furniture Manufacturing & Supply China held at another venue, SWEECC). This ten-year strategic cooperation with SNIEC guarantees the realization of UBM Sinoexpo’s long term development goals.

Since China’s economic opening over 30 years ago, the growth of Shanghai’s exhibition industry have become the fastest in the world. In the recent 10 years, exhibitions organized by UBM Sinoexpo have grown in scale by an average of 10% annually, conference desk with exceptionally high growth rates of 23% and 38% in 2007 and 2011 respectively.

In 2014, UBM Sinoexpo leased a total of 880,000 sqm of exhibition space, up 20.3% compared with 2013, with an average venue utilization rate of 49.3%. The utilization rate is one of the most important considerations for show organizers when selecting a venue. This is where SNIEC is strong and UBM Sinoexpo has been able to achieve 55% or more in utilization at SNIEC. This is a key reason for UBM Sinoexpo striking this long-term strategic cooperation agreement with SNIEC.The focus on established projects and maintaining sustainable growth has been UBM Sinoexpo’s key to success. In the coming ten years, UBM Sinoexpo will continue to focus on four main sectors – furniture, hotel, ingredients (pharmaceutical / food), as well as boating and lifestyle. After 2016, SNIEC will be able to provide UBM Sinoexpo an additional slot of 200,000 sqm, making it possible for UBM Sinoexpo negotiation desk to lease as much as 900,000 sqm for its existing projects, plus acquisitions and new launches.

The Chinese economy has entered the period of the “New Normal” with a medium speed of development. China’s trade shows will also embrace this “New Normal” featuring elevation in show quality and online-offline interaction as the major development goals. The positioning of shows will change accordingly. In 2014, Furniture China adopted “Export-orientation; High-end domestic sales; Original design, and; Guidance by Trend” as the major themes for China’s furniture industry development to great results. Since the 2014 show, 284 new enterprises have already requested to participate in Furniture China 2015, thus laying a solid foundation for the expansion of Furniture China, and for improvement in show quality through a better selection of exhibitors.In the meantime, SNIEC has also launched new measures to further improve service quality. The SNIEC 2.0 goal is to provide the highest-quality venue services in all of China, matching UBM Sinoexpo’s goal to elevate show quality. We look forward to the win-win result of our cooperation with SNIEC over the next ten years and to contributing to the development of Shanghai’s as well as China’s exhibition industry.

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