LONDON, Jan. 20, 2016 /PRNewswire/ -- AMA Research have published the 2nd edition of the report 'Office and Home Office Furniture Market Report – UK 2015-2019 Analysis'. This report combines the Office and Home Office market reports, previously published separately, and incorporates original research. The report assesses the current situation and presents forecasts of performance for the office and home office furniture market, covering desking, seating, storage and other furniture, through to 2019.
Key areas covered:
• Desking - executive, system and economy.
• Seating - adjustable and non-adjustable.
• Storage - shelving, bookcases, cupboards, filing cabinets, personal, shared, archive.
• Other - screens and computer trolleys etc.
Key areas of insight include:
• Office construction levels and likely impact on the office furniture market.
• Increasing impact of imports on the UK market.
• The changing nature and impact of the SOHO market, growth of alternative distribution channels.
• Key suppliers increasing market share despite low market growth.
Some of the companies included:
Advantia Business Solutions, Ahrend, Bene, Bisley Office Equipment, Clarke Rendall Business Furniture, Connection Seating, DAMS Furniture, EFG Office Furniture, Elite Office Furniture (UK), Flexiform Business Furniture, Frem Group, G.G.I. Office Furniture (UK), Godfrey Syrett, Gresham Office Furniture, Hammond Furniture, Haworth Inc, Herman Miller, Imperial Office Furniture, Integra Office Solutions, KI (UK), Kinnarps (UK), Knoll International, Lee & Plumpton, Mobili Office, Monarch Acoustics, Nemo, Neville Johnson, Office Club, Orangebox, Pledge Office Chairs Rackline, SBFI, Sedus Stoll, Senator International, Sharps Bedrooms, Silverline Office Equipment, Staples UK Retail, Staverton (UK), Steelcase, Superstat, Sven Christiansen, Techo UK, Teknion UK, The Office Friendly Dealer Association, Triumph Furniture, Tvilum Aps, Verco Office Furniture, Viking, Vitra, XPD.
Key areas covered in the report include:
OFFICE AND HOME OFFICE FURNITURE MARKET
• Total office and home office furniture market – analysis of size by value, current situation, historical trends, forecasts, reasons for changes and background influences.
• Future prospects of the market to 2019.
• Imports and Exports – trade balance, major countries supplying imports.
• Key influences on the development of office and home office furniture - technology, call centres, the SOHO market, new working practices and environmental considerations.
• The office construction market – analysis by size, public/private sector mix, historical trends and future prospects, RMI and its influence on market trends.
• Major product groups within the office and home office furniture market, share of the market.
• Desking market – analysis by size, historical trends with forecasts to 2019. Trends in functionality and design, other desking trends including pedestals, impact of changing working practices and technological developments, future prospects, greater market fragmentation.
• Seating market – analysis by size, historical trends, forecasts to 2019. Mix of seating market by type i.e. adjustable/non-adjustable, reasons for growth of adjustable, influence of changing regulations, new product features, material usage, different types of seating, innovations.
• Storage market – size by value with historical trends and forecasts to 2019. Mix of storage units by material and mix by type i.e. shelving/cabinet/cupboards.
• Other office furniture e.g. mobile computer trolleys, partitioning/screening, breakout furniture.
REVIEW OF THE HOME OFFICE FURNITURE MARKET
• Home office furniture market – analysis of size by value, current situation, historical trends, forecasts, reasons for changes and background influences.
• Future prospects of the market to 2019.
• Product mix and trends – mix of products within the home office furniture sector. .
• Key suppliers in the home office furniture sector.
SUPPLY AND DISTRIBUTION
• Major suppliers, market shares, product and market positioning.
• Key company information for major companies. Changes in market structures.
• Other suppliers involved in desking & tables, seating, storage & partitioning.
• Major channels of distribution – shares by type of channel, areas of growth and decline, future trends and opportunities.
• Key outlets involved in the major channels of distribution.
• Prospects for the Office and Home Office Furniture market – major factors influencing short and longer term prospects.
• Developments in the major product and market sectors.
• Supplier and distribution developments.
The UK office and home office furniture market has recovered from the impacts of the financial crisis and showed modest value growth in both 2012 and 2013, followed by stronger growth in 2014, although in volume terms the market as a whole has continued to decline during much of that period.
The office and home office furniture market had been under pressure for some years, adversely affected by a poor office construction sector and high levels of commercial available office space, while the turmoil in global financial markets had a dramatic negative affect. However, current market conditions are looking more positive, supported by strong demand in London and the South East and the SOHO sector. The overall market remains highly competitive with surplus supply capacity remaining, with imports rising in 2014, after being fairly static for several years.
Nevertheless, among UK manufacturers, profitability has remained poor. The office furniture market remains fiercely competitive, with a large number of suppliers still operating in the market and there is also still an excess of production capacity in the industry, despite some well-known companies having ceased to trade, and this has resulted in suppliers and dealers having to cut prices further to maintain share. Imports are a significant factor in the market and are estimated to account for around 40% of the market. The most significant change in recent years has been the rise of China to become the major source for office furniture imports, with imports of swivel seating from that source reaching almost £51m alone in 2014 (£44m in 2013).
In the medium to long term the UK office furniture market is expected to show steady growth, with annual growth rates of 3-4% from 2015 onwards. Demand for smaller desks will continue, reflecting technological developments and changing work practices and additionally, some value will be added through the introduction of more accessories and a greater level of integration with other office products. 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.
Download the full report: https://www.reportbuyer.com/product/3516904/
Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers
For more information:
Research Advisor at Reportbuyer.com
Tel: +44 208 816 85 48