Office and Home Office Furniture Market Report UK Analysis
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1 Office and Home Office Furniture Market Report UK Analysis Published: 12/06/2017 / Number of Pages: 73 / Price: Introduction and Overview The 3rd edition of the 'Office and Home Office Furniture Market Report - UK 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. Key issues covered in the report include: Review of the recent and prospective performance of the market. Office furniture distribution process. Trends within product sectors. The home office furniture market, changing working practices, changing home configurations and the impact on the market. Areas of particular interest include: Office construction levels and likely impact on the office furniture market. Increasing impact of imports on the UK market. Strong growth in the fit-out sector in the last few years. The changing nature and impact of the SOHO market, growth of alternative distribution channels. Key suppliers increasing market share with solid market growth. Detailed market data and insight on the office and home office furniture market by AMA Research, a leading UK provider of construction market intelligence. Some of the Companies included: 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
2 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 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. Market prospects to Imports and exports - trade balance, major countries supplying imports. The office construction market - analysis by size, public/private sector mix, historical trends and future prospects, RMI and its influence on market trends. Key influences on the development of office and home office furniture - technology call centres, the SOHO market, new working practices and environmental considerations. The Products 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 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 Mix of seating market by type i.e. adjustable/nonadjustable, 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 Mix of storage units by material and mix by type i.e. shelving/cabinet/cupboards. Shifts to technology storage, impact on the market etc. Other office furniture e.g. mobile computer trolleys, partitioning/screening, breakout furniture. Supply Chain - Suppliers, Distributors, Dealers 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. Market Prospects Prospects for the office and home office furniture market through to major factors influencing short and longer term prospects.
3 Developments in the major product and market sectors. Supplier and distribution developments. Report Summary 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 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. List of Contents Contents Listing 1. INTRODUCTION BACKGROUND SOURCES OF INFORMATION 7 2. SUMMARY & MARKET PROSPECTS SUMMARY MARKET PROSPECTS ECONOMIC ENVIRONMENT GDP INFLATION & INTEREST RATES UNEMPLOYMENT 15
4 3.4 HOUSEHOLD CONSUMPTION HOUSING & CONSTRUCTION STERLING POPULATION PROFILE CONCLUSIONS OFFICE AND HOME OFFICE FURNITURE - MARKET SIZE AND STRUCTURE DEFINITIONS MARKET TRENDS Market Size and Background Current Trends Market Prospects KEY MARKET INFLUENCES Construction Contractors' Output - New Work and RMI Contractors' Output - Commercial Sector Technological Influences and Working Practices Environmental Considerations INTERNATIONAL TRADE Overall Imports and Exports OFFICE AND HOME OFFICE FURNITURE BY PRODUCT PRODUCT MIX DESKING Market Size and Trends End Use Applications Organisation Type and Size Desk Design, Size and Shape SEATING 36
5 5.3.1 Seating Definition Market Size Trends STORAGE Storage Definition Storage Market Size Storage Trends OTHER FURNITURE Market Size and Trends Partitioning / Screening Breakout Furniture Computer Trolleys THE HOME OFFICE MARKET DEFINITION OF HOME OFFICE FURNITURE MARKET SIZE AND GROWTH Current Situation Market Prospects HOME OFFICE FURNITURE PRODUCT TYPES HOME OFFICE FURNITURE PRODUCT MIX Home Office Desking Home Office Seating Home Office Storage PRODUCT TRENDS HOME OFFICE FURNITURE SUPPLIERS OFFICE FURNITURE SUPPLIERS GENERAL 57
6 8. DISTRIBUTION - OFFICE & HOME OFFICE FURNITURE OVERALL STRUCTURE DISTRIBUTION CHANNELS Dealers Buying Groups Direct Mail Order/ Online Retail Outlets 72 Tables & Charts CHART 1: THE UK OFFICE AND HOME OFFICE FURNITURE MARKET ( M MSP) 9 TABLE 2: GDP DATA KEY CONSTITUENT ELEMENTS 13 CHART 3: INTEREST RATES AND INFLATION (CPI) FROM CHART 4: PDI & SAVINGS RATIO AT CURRENT PRICES TABLE 5: EXCHANGE RATE FLUCTUATIONS STERLING TO THE DOLLAR, AND THE EURO, SPOT RATES 17 TABLE 6: UK MARKET FOR OFFICE FURNITURE ( M MSP) 20 CHART 7: CONSTRUCTION OUTPUT (GREAT BRITAIN) NEW WORK & RMI - CURRENT PRICES ( BN) CHART 8: NON-RESIDENTIAL CONSTRUCTION OUTPUT NEW WORK ANALYSIS BY SECTOR 2016 AND % BY VALUE GB 25 TABLE 9: NON-DOMESTIC CONSTRUCTION OUTPUT OFFICES, RETAIL AND INDUSTRIAL GB BY VALUE ( BN) 26 TABLE 10: UK IMPORTS AND EXPORTS OF OFFICE FURNITURE ( M) 30 TABLE 11: UK IMPORTS & EXPORTS OF OFFICE FURNITURE BY PRODUCT ( M) 30 TABLE 12: MIX OF PRODUCTS WITHIN THE UK OFFICE FURNITURE MARKET 2010, 2016 AND 2021 ( M AT MSP) 31 TABLE 13: THE UK MARKET FOR DESKING ( M AT MSP) 32 TABLE 14: THE UK MARKET FOR OFFICE SEATING ( M AT MSP) 37 CHART 15: UK MARKET FOR ADJUSTABLE SEATING 2005 AND % BY VALUE 38
7 TABLE 16: UK MARKET FOR OFFICE STORAGE ( M AT MSP) 40 CHART 17: STORAGE MATERIAL MIX BY VALUE CHART 18: UK MARKET FOR STORAGE BY TYPE - % MIX BY VALUE TABLE 19: THE UK MARKET FOR OTHER OFFICE FURNITURE ( M AT MSP) 44 TABLE 20: UK MARKET FOR HOME OFFICE FURNITURE ( M MSP) 49 CHART 21: UK HOME OFFICE FURNITURE MARKET ( M MSP) 50 TABLE 22: HOMEWORKING TRENDS NUMBER AND % OF POPULATION 52 CHART 23: VALUE MIX OF FLAT PACK/READY ASSEMBLED HOME OFFICE FURNITURE TABLE 24: PRODUCT MIX UK HOME OFFICE FURNITURE MARKET 2016 ( M MSP) 53 TABLE 25: MARKET SHARE OF LEADING OFFICE FURNITURE SUPPLIERS 2016 % BY VALUE 57 CHART 26: SHARE OF MARKET HELD BY 6 LEADING OFFICE FURNITURE SUPPLIERS (%) CHART 27: OFFICE FURNITURE - DISTRIBUTION STRUCTURE 65 CHART 28: DISTRIBUTION CHANNEL SHARE BY VALUE - OFFICE FURNITURE 2016 (%) 66 The 'Office and Home Office Furniture Market Report - UK Analysis'costs 845+VAT (if applicable) for a PDF version. Other formats are available - click here for a information about available report formats. All AMA reports are sold with a single user licence as standard. For more information about AMA licences click here. About AMA Research Established in 1989, AMA Research is widely recognised as the leading specialist provider of market research to the UK building and construction industries. AMA s research and analysis goes beyond the more commonly available range of statistical and company information to provide expert, informed commentary and in-depth market analysis, making the reports a valuable and relevant resource for understanding the UK s construction and associated markets. We offer the following: Consultancy and bespoke research projects Published research reports high quality, detailed research reviews covering a wide range of environmental, building and construction products. Our extensive experience and in-house research database enables us to offer specialised and flexible bespoke research services, as well as giving excellent value for money. Our experienced in-house team of researchers are experts in their
8 fields and adept in conducting original and relevant research for reports or bespoke projects, and key decision makers across the building and construction industries, both in the UK and abroad, frequently use our high-quality reports as their primary source of market data. To find out more about AMA Research, visit: or call us on
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