Market Research Report
Office and Home Office Furniture Market Report - UK 2017-2021 Analysis
|Published by||AMA Research||Product code||269053|
|Published||Content info||73 Pages
Delivery time: 1-2 business days
|Office and Home Office Furniture Market Report - UK 2017-2021 Analysis|
|Published: June 12, 2017||Content info: 73 Pages||
The 3rd edition of the 'Office and Home Office Furniture Market Report - UK 2017-2021 Analysis' combines the Office and Home Office markets and incorporates original research. It is a comprehensive and up-to-date review of these sectors, featuring an assessment of the office construction sector and the potential future impact on the office furniture market during the EU exit negotiation phase.
Addvance Business Solutions, Advantia Business Solutions, Ahrend Holdings, Alpha Marketing UK, Alpha Office Interiors (MK), Andrews Office Furniture, Arensen, Axis Storage and Interiors Solutions, Bene, Bisley Office Equipment, Boss Design, Broadstock Office Furniture, Bullough, Calibre Office Furniture & Interiors, Connection Seating, Dams Furniture, D & G Office Interiors, Dale Office Interiors, EFG Office Furniture, Elite Office Furniture (UK), EVO Business Supplies, Flexiform Business Furniture, G.G.I. Office Furniture (UK), Godfrey-Syrett, Gresham Office Furniture, Hammonds, Herman Miller, Hunts Office Furniture and Interiors, IKEA, Imperial Office Furniture, Insightful Environments UK, Integra Business Solutions, John Lewis, Kinnarps (UK), KI (UK), Knoll International, Mobili Office, MJF Interiors, Nemo (1991), Office, Office Furniture Dealers, Orangebox, Pledge Office Chairs, Ryman, Senator International, Sharps, Space Efficient Interiors, Steelcase, Style Office Systems, The Spicers-Officeteam Group, Superstat, Techo UK, Triumph Furniture, Verco Office Furniture, Vitra, Sven Christiansen, Woodstock Leabank Office Furniture.
The UK office and home office furniture market has shown modest value growth in both 2012 and 2013, followed with stronger growth in the following years. The market is estimated to have grown by 4% in 2016, with similar growth forecast for 2017, though market value remains below the peak year of 2001. While the excess production capacity in the industry has mostly been absorbed, the market remains very competitive for manufacturers, dealers and other suppliers.
Business confidence has improved steadily as the economy has grown. The commercial new build sector is relatively buoyant, with new office construction increasing, albeit remaining well below the levels reached in the past. Whilst technological developments, including better cable management and the increased use of wireless technologies around the office, are likely to stimulate demand in some sectors in the longer term, they are unlikely to affect demand significantly in the shorter term.
The UK office furniture market has split into two broad categories, the corporate sector serviced by UK and overseas branded suppliers, either directly to end users or via fit-out specialists and furniture dealers and the SOHO sector supplied mainly from China and other low cost producing countries via mail order, the Internet and retail outlets. A large proportion of home office furniture is supplied in flat pack form by specialist manufacturers and sold through outlets such as IKEA, Argos, Staples, and Tesco Direct.
In the medium term the UK office furniture market is expected to show slowing growth until 2019, with annual growth rates of 3-4% from 2020 onwards. It is likely that ongoing Brexit negotiations during that period will have a significant but unknown influence on the market. Technology will continue to influence the market, with more companies adopting wireless, network stations and VoIP systems and procedures.