Strength Areas of Furniture Market in 2017

Partnering with clients to navigate crises such as Hanjin's bankruptcy helped Eagle's business in the second half, as well as good performance among its Mississippi-based clients.

"The greatest area of strength we have noticed in the second half of 2016 has come from our local manufacturers, who for the most part, are all in the 20% growth range as 2016 comes to a close," Donnell said. Although we are seeing improving numbers across the board, motion goods has to be at the top of the list.

"We have also observed www.migeof.com impressive numbers with case goods coming out of Mexico over the second half of 2016. We knew to prepare for an increase in product coming out of Mexico and the growth has been spot on with the early predictions."

Baron believes that furniture businesses learned some hard lessons in 2008 and early 2009.

"But because of that, many China negotiation desk manufacturer are more prepared to respond to things like a shrinking credit market or tighter underwriting standards," he said. "They can't necessarily prevent disruptions to their businesses, but they're more attuned to potential market volatility and more open minded about finding solutions that strengthen their positions in the market, before they run into trouble."

On a broad basis, CIT’s Hudgens sees a move toward the middle, with promotional manufacturers seeking higher margins and higher-end resources seeking to expand business."Upholstery continues to do very well, but bedroom and dining are picking up," Hudgens said. "One of the drivers is the housing market, and it's been pretty good, especially in urban areas, where it could be multifamily or zero-line lot homes.

"Some of the upholstery doing China conference desk provider very well is scaled to smaller sizes, and the same is true in bedroom and dining . The companies that were able to react to that may be doing extremely well right now."

The middle price points also a strong for Milberg Factors' business.

"The value-priced retailer continues to thrive", Milberg said. "It really doesn't matter as if it is furniture or other consumer products. Perceived value drives growth."

Bedding and bedding related products remain strong, said Tolsky at DSA Factors.

"I think the bedding business has been aided by all the retail advertising in the industry he pointed out.

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