The Wicker and Fibreglass Furniture Manufacturing industry has performed poorly over the past five years. The industry has struggled to maintain its share of the domestic furniture market due to strong competition from low-cost imports and substitute furniture goods that are made from wood, plastic and steel. In addition, demand from key downstream furniture retailers has been subdued, which has limited the manufacture of the industry's products. As a result, industry revenue is projected to fall at a compound annual rate of 3.5% over the five years through 2015-16, to reach $286.3 million.
Companies in the industry manufacture furniture or furniture parts from materials such as cane, bamboo, rattan and fibreglass. The industry excludes firms that manufacture furniture that is mainly made from wood, plastic or metal.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.