Make do and mend: Fashion for vintage furniture has supported demand for repairs

The Furniture and Home Furnishings Repair industry is composed of establishments that reupholster, refinish, repair and restore office, home and antique furniture. Like many other repair industries, demand for the bulk of industry services tends to be counter-cyclical. However, demand for high-value repairs tends to improve in line with an improving economy. Recent economic growth has led to an increasing number of people buying high-end furniture, which has increased the potential market for repairs as consumers generally repair rather than replace high-end furniture, as it is more cost effective to do so. Households have also invested in more specialised furniture in recent more.

Industry Statistics & Market Size
Annual Growth 13-18
Forecast Growth 18-23
Market Share of Companies

Industry Threats & Opportunities

  • Fashion for recycled vintage furniture has fuelled a renewed interest in furniture repair
  • Operators have faced competition from cheap imports in recent years
  • The weak value of the pound is expected to make imports more expensive, limiting competition
  • Industry Report - Industry Key Buyers Chapter

    The industry has a low level of concentration. The three largest companies within the industry are estimated to have a combined market share concentration of 8%, with the largest company, ServiceMaster Limited, accounting for 4.2% of the market. The industry is highly fragmented; in 2017, 93.3% of furniture repair firms employed fewer than 10 people. Furthermore, only 0.7% of enterprises operating in the industry employ more than 50 people. Over the past five years the level of market share concentration has fallen, as industry growth has been driven by a surge of small new enterprises...purchase to read more.

    Additional Insights for the Furniture & Home Furnishings Repair Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Furniture & Home Furnishings Repair Industry are

  • Proximity to key markets
  • Access to a highly skilled workforce
  • Production of premium goods/services
  • IBISWorld analysts also discuss how external factors such as Capital expenditure on dwellings and Real effective exchange rate in the Furniture & Home Furnishings Repair industry impact industry performance..

    shopping_cartPURCHASE OPTIONS

    What's in this report

    What is the Furniture & Home Furnishings Repair Industry?

    Businesses in this industry repair a range of furniture and home furnishings, including office furniture. This can include reupholstering, refinishing and restoring.

    Industry Products
  • Bed and seating repair
  • Storage furniture and surface repair
  • Decorative furnishing repair
  • Textile furnishing repair
  • Industry Activities
  • Reupholstering furniture
  • Refinishing furniture and furnishings
  • Repairing furniture and furnishings
  • Restoring furniture and furnishings
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Capital expenditure on dwellings
  • Real effective exchange rate
  • Consumer confidence index
  • Demand from online home furnishing retailing

  • Current Performance
  • Home comforts
  • Turning the tables
  • Vintage trends
  • Chart: Revenue Growth

  • Industry Outlook
  • Referendum effects
  • Antiquated market
  • Competitive pressures
  • Table: Furniture & Home Furnishings Repair Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Furniture & Home Furnishings Repair Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Department Stores
  • General Insurance
  • Primary Education
  • Consumers

  • Key Selling Industries
  • Hardware & Home Improvement Stores
  • Textile Wholesaling
  • Veneer Sheet & Wood-Based Panel Manufacturing

  • Products & Services
  • Bed and seating repair
  • Storage furniture and surface repair
  • Decorative furnishing repair
  • Textile furnishing repair
  • Chart: Furniture & Home Furnishings Repair Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Households
  • Businesses
  • Institutions
  • Chart: Major Market Segmentation for the Furniture & Home Furnishings Repair Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Wages
  • Purchases
  • Other costs
  • Chart: Cost Structure Benchmarking – Sector vs Furniture & Home Furnishings Repair

  • Basis of Competition
  • Internal Competition
  • External Competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Furniture & Home Furnishings Repair Industry

  • Industry Globalization
    ServiceMaster Limited,
  • Table: ServiceMaster Limited - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Furniture & Home Furnishings Repair Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Furniture & Home Furnishings Repair Industry
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    French Polishing
  • A technique that uses polishing and layers of shellac to impart a high gloss to wooden furniture.
  • Restoration
  • When furniture is returned to its original condition in a way that preserves its integrity and monetary value.
  • Upcycle
  • The process of converting old or discarded materials into objects of value.
  • Upholstery
  • A soft textile covering that is added to furniture, particularly chairs.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Furniture & Home Furnishings Repair market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Furniture & Home Furnishings Repair:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Furniture & Home Furnishings Repair market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Furniture & Home Furnishings Repair, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

    Contact Us

    Would you like to speak to an IBISWorld representative?