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Factoids

Factoids offer brief snapshots of current topics pertinent to the Furniture industry based on our on-going research. Increase your grasp of current trends, consumer attitudes, and shifts within the industry through solid statistics and concise insight.

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Factoids

The Rise of E-Commerce in Furniture Manufacturing and the Merchant Wholesale Trade . E-Commerce Shipments as a Percent of Total: Furniture Manufacturing* Shipment Vs. Total Manufacturing

 


This is the third factoid in a series of four factoids addressing the rise of e-commerce in  furniture manufacturing and the merchant wholesale trade. A report from the Census Bureau shows business to business (B2B) e-shipments within the furniture and related manufacturing segment is now approaching 51 percent of the value of total shipments or $35.2 billion dollars in 2014. The Census Bureau defines manufacturers’ shipments to include “orders accepted for manufactured products from customers, including shipments to other domestic plants”. (See Methodology and Definitions in the first factoid of this series.)

 

While e-shipments have grown at a rapid pace, furniture and related products manufacturers are still lagging slightly behind all manufacturing in the percentage of e-commerce shipments to total. In 2014, total e-shipments in all industries were 60.9 percent of total manufacturing compared to furniture e-shipments at 50.6 percent. Both total manufacturing e-shipment dollars and furniture e-shipment dollars increased an annual average of 14 percent from 2004 to 2014.


Source: U.S. Census Bureau, Annual Survey of Manufacturers and the Economic Census
*Furniture and related products manufacturing



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FastFact: Furniture E-Shipments Still Trail Other Manufacturing Segmentshttp://hfbusiness.com/hfbnow/ArticleID/14992/fastfact-furniture-e-shipments-still-trail-other-manufacturing-segments
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