There's very little industry data for independent furniture makers so any observations are conjectural. Furthermore there's no such thing as a
typical independent furniture maker, they come in all shapes and sizes and they succeed or fail in lots of different ways. However, I believe there are some underlying themes that paint a picture of an evolving independent furniture business.
In the post war period independent furniture making was closely linked to the antiques business. In some respects that was a pretty happy combination. The nature of the antique trade was that for every high street antique shop there was much wider network of people who were largely invisible to the general public. The typical piece of antique furniture might change hands
within the trade five or ten times before it surfaced in a shop, moved around by a loose and informal network of dealers who weren't shop based but bought and sold purely
within the trade. That allowed an independent furniture maker to buy a cheap property (and if you go back to any time before about 1980 property
was cheap, and rural barns in particular were an absolute give away) and set up a workshop in the middle of no where. But as long as they were plugged in to the antique network they could still just about survive on restoration business. They could buy from auction on their own account, restore pieces, and wait for the knock on the door from a dealer. Or they could work as a trade restorer. And the production, equipment, and layout requirements for a restoration workshop were pretty similar to an independent furniture maker's requirements, so the two activities co-existed pretty well. Particularly so as many independent cabinet makers in that era were more focused on making antique reproductions rather than contemporary designs. No one was making a fortune, but there was a business model that allowed the independent maker to survive.
Some makers tried to break away from repro and restoration, and if they managed to rise above the herd and establish a reputation for original design (like say Alan Peters, John Makepeace, or the Barnsley workshop) they found there were occasional commercial commissions that further enhanced their reputation and provided a profitable nugget of business. Those commissions could be a board room table for ICI or Courtaulds, or a suite of office furniture for an embassy or a government department. For example the Barnsley workshop recently had an office suite back from the department of education for some repair work, it had originally been commissioned by a minister in the 70's. I doubt a government department or even many publicly quoted company's would risk the potential bad publicity of an original commission today, but back then there was at least some lucrative and prestige business to be had.
Starting in the 80's and 90's a few very interesting developments began to brew.
Firstly there was resurgence in hobbyists wanting to learn furniture making. It had always been there, but the nascent growth in specialist tool makers suggests it was really starting to take off. This in turn led to a demand for training, a demand which independent furniture makers could tap into in order to keep themselves afloat.
Secondly there were a few wealthy collectors and museums who began to commission individual pieces not as furniture, but as important examples of the "decorative arts". Even though this had been bubbling under on both sides of the Atlantic the clear turning point for this in the UK was probably Makepeace's millennium chair,
This piece really heralded the mature reality of the studio movement, where instead of scrabbling to make a living from many smaller commissions the designer/maker could spend a year producing one amazing piece and then sell it for £50,000 or £100,00 or who knows where the ceiling would eventually be found,
http://www.independent.co.uk/arts-enter ... 62748.html
This changed everything. The new potential business model that excited makers was to raise their skills at Parnham or Barnsley (or in the US by studying with Osgood or Krenov), gain public awareness by winning a Guild Mark or showing their work at prestige exhibitions, and then staking profitability on one big roll of the dice. And there was added impetus to make this happen, because the antique market was virtually collapsing, with prices falling year after year. It was widely believed that antique prices were strongly correlated with house prices, in the 89-95 house price crash antiques dutifully fell, but they never subsequently recovered. So the financial crutch for an independent furniture maker, of steady if unspectacular restoration and repro business, was fast disappearing.
And for a few decades it really did play out that way and many makers look back on those times as a golden era. However, two developments acted to curb the enthusiasm for a future based around the studio furniture model. There was the dawning realisation that for many their
making skills were much stronger than their
designing skills, so the phrase "designer/maker" was really designer with a small "d" but maker with a capital "M". Plus the crash of 2007 seemed to bring an abrupt halt to the really big commissions. I don't operate in that market, but I know several makers who do, and from what I hear those six figure commissions have never really come back in anything like the same volume as before and there's a growing doubt that they ever will.
Which takes us to where we are today. There's still a market for hobbyist training, and I guess educator/makers like Marc Fish or Waters & Acland pay the bills by selling training more than from their breathtaking furniture creations. Although I'm not sure how robust that demand will be in a future without company pensions, and where today's twenty and thirty somethings will carry the burden of university fees and massive mortgages throughout their lives. And there are still big prestige commissions for the absolute pinnacle of makers, for example the furnishings for the Ashmolean Museum or Apple's decision to patronise independent makers for many of their office furnishings.
But most independent makers that I know today have a
blended business model, they still design and make their individual pieces as a labour of love, but the bills really get paid from fitted furniture work, heritage joinery, or yacht fit outs. And that means instead of being located in some idyllic rural retreat they'll rent space in an industrial estate. What's more the reality of something like fitted furniture work means it tends to crowd out the pure furniture making, to succeed you need more space with a different layout, which in turn means higher overheads, which then feeds back to less time for agonising about the exact angle of splay on the leg of a console table! Alternatively there are still makers who stay afloat because they have a supportive partner with a "proper" job, or they took early retirement, or they combine freelance IT consulting with furniture making, or they're simply loaded after a short but spectacularly well remunerated city career! But what I don't see is a broadly based group of independent furniture makers surviving purely from furniture commissions. There's pretty much always a back story that explains why they stay afloat.
Anyhow, that's my take on the market, but tea break's over so it's back to work!