| SIC Codes: | 2426 2521 2522 2541 |
| NAICS Codes: | 337211 337212 337214 337215 |
The US office and business furniture, fixtures, and equipment manufacturing industry includes about 4,000 companies with annual revenue of about $19 billion. Major companies include Steelcase, HNI Corporation, Herman Miller, Knoll, and Krueger International. The industry is concentrated: the top 50 companies account for half of industry revenue.
Demand for office and business furniture and fixtures is driven by the health of the US economy, corporate profits, and commercial office construction and vacancy rates. The profitability of individual companies is closely linked to volume, since many costs are fixed. Large companies enjoy economies of scale in manufacturing and distribution. Small companies can compete effectively if they produce specialty items or products with high-quality workmanship that can sell for a premium price.
Major product categories include nonwood office furniture (35 percent of industry revenue); showcases, partitions, shelving, and lockers (30 percent); custom architectural woodwork and millwork (25 percent); and wooden office furniture (10 percent). Specific office and business furniture products include wood and non-wood desks, chairs, tables, filing cabinets and other storage systems, and office panel systems and partitions (cubicles). Custom architectural woodwork and millwork includes custom designed display fixtures, wall paneling, shelving, and sales and reception counters.