Market Forecast By Types (Seating, Tables, Storage, Desks, Other ), By Distribution Channel (Home Centers, Flagship Stores, Specialty Stores, Online Stores, Other ) And Competitive Landscape
Product Code: ETC017369 | Publication Date: Jun 2023 | Updated Date: Sep 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | United Kingdom (UK) Office Furniture Market |
Forecast period | 2024-2030 |
CAGR | 5.3% |
Growing Sector | Online Stores |
United Kingdom (UK) Office Furniture Market report thoroughly covers the market by Types, Distribution Channels, and Regions. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers, which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The United Kingdom (UK) Office Furniture Market is experiencing steady growth, primarily driven by the rising demand for ergonomic and customizable office furniture that meets the needs of modern workspaces.
According to 6Wresearch, the United Kingdom (UK) Office Furniture Market is projected to grow at a CAGR of 5.3% from 2024-2030. The Online Stores sector is witnessing the most substantial growth, driven by the convenience and wide variety of options available to consumers. Additionally, the increasing adoption of hybrid work models, where employees split time between home and office, is fueling the demand for home office furniture, especially desks and seating. The growth of start-ups and small businesses in the UK is further contributing to market expansion as they seek cost-effective and stylish furniture solutions.
However, the market faces challenges, including the rising cost of raw materials and supply chain disruptions. These factors can lead to higher prices for office furniture, making it less affordable for small businesses. Additionally, the shift towards remote working and flexible office spaces may reduce the overall demand for traditional office furniture, posing a potential challenge to market growth.
Leading players in the United Kingdom (UK) Office Furniture Market include Herman Miller, Steelcase, and Haworth. Herman Miller is known for its innovative ergonomic seating solutions that enhance comfort and productivity in the workplace. Steelcase provides a wide range of office furniture, including desks and storage solutions, catering to various industries. Haworth specializes in modular and adaptable office furniture, offering flexible solutions for modern work environments.
The UK government is actively supporting the growth of the office furniture market through initiatives aimed at promoting sustainable and eco-friendly furniture. These include grants and subsidies for businesses that invest in environmentally friendly office furniture, as well as regulations that encourage the use of recycled materials in furniture manufacturing. Additionally, the government is promoting the adoption of flexible working policies, which is expected to drive demand for home office furniture. Efforts to improve internet infrastructure and promote digital commerce are also expected to boost the growth of online furniture sales.
The United Kingdom (UK) Office Furniture Market is anticipated to witness steady growth over the next few years. Market growth is expected to be driven by the increasing adoption of ergonomic and customizable furniture that caters to the evolving needs of modern workspaces. Growing demand for energy-efficient and sustainable furniture options, coupled with the rising preference for modular and flexible office designs, is expected to influence the sales of eco-friendly models. Additionally, the trend towards hybrid work environments will keep the demand for home office furniture strong. Moreover, growth opportunities are significant within the online retail segment as consumers increasingly opt for the convenience of online shopping. In brief, growth will be driven by innovation, sustainability, and the shift towards flexible work environments.
According to Ravi Bhandari, Research Head, 6Wresearch, seating is leading the market due to its essential role in enhancing employee comfort and productivity in the workplace.
Online stores are gaining significant demand due to their convenience, wide selection, and ability to provide competitive pricing and discounts.
The report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 United Kingdom (UK) Office Furniture Market Overview |
3.1 United Kingdom (UK) Country Macro Economic Indicators |
3.2 United Kingdom (UK) Office Furniture Market Revenues & Volume, 2020 & 2030F |
3.3 United Kingdom (UK) Office Furniture Market - Industry Life Cycle |
3.4 United Kingdom (UK) Office Furniture Market - Porter's Five Forces |
3.5 United Kingdom (UK) Office Furniture Market Revenues & Volume Share, By Types, 2020 & 2030F |
3.6 United Kingdom (UK) Office Furniture Market Revenues & Volume Share, By Distribution Channel, 2020 & 2030F |
4 United Kingdom (UK) Office Furniture Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 United Kingdom (UK) Office Furniture Market Trends |
6 United Kingdom (UK) Office Furniture Market, By Types |
6.1 United Kingdom (UK) Office Furniture Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 United Kingdom (UK) Office Furniture Market Revenues & Volume, By Types, 2020-2030F |
6.1.3 United Kingdom (UK) Office Furniture Market Revenues & Volume, By Seating, 2020-2030F |
6.1.4 United Kingdom (UK) Office Furniture Market Revenues & Volume, By Tables, 2020-2030F |
6.1.5 United Kingdom (UK) Office Furniture Market Revenues & Volume, By Storage, 2020-2030F |
6.1.6 United Kingdom (UK) Office Furniture Market Revenues & Volume, By Desks, 2020-2030F |
6.1.7 United Kingdom (UK) Office Furniture Market Revenues & Volume, By Otherย , 2020-2030F |
6.2 United Kingdom (UK) Office Furniture Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 United Kingdom (UK) Office Furniture Market Revenues & Volume, By Home Centers, 2020-2030F |
6.2.3 United Kingdom (UK) Office Furniture Market Revenues & Volume, By Flagship Stores, 2020-2030F |
6.2.4 United Kingdom (UK) Office Furniture Market Revenues & Volume, By Specialty Stores, 2020-2030F |
6.2.5 United Kingdom (UK) Office Furniture Market Revenues & Volume, By Online Stores, 2020-2030F |
6.2.6 United Kingdom (UK) Office Furniture Market Revenues & Volume, By Otherย , 2020-2030F |
7 United Kingdom (UK) Office Furniture Market Import-Export Trade Statistics |
7.1 United Kingdom (UK) Office Furniture Market Export to Major Countries |
7.2 United Kingdom (UK) Office Furniture Market Imports from Major Countries |
8 United Kingdom (UK) Office Furniture Market Key Performance Indicators |
9 United Kingdom (UK) Office Furniture Market - Opportunity Assessment |
9.1 United Kingdom (UK) Office Furniture Market Opportunity Assessment, By Types, 2020 & 2030F |
9.2 United Kingdom (UK) Office Furniture Market Opportunity Assessment, By Distribution Channel, 2020 & 2030F |
10 United Kingdom (UK) Office Furniture Market - Competitive Landscape |
10.1 United Kingdom (UK) Office Furniture Market Revenue Share, By Companies, 2023 |
10.2 United Kingdom (UK) Office Furniture Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |