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New AKTRIN Report on :
UK OFFICE FURNITURE MARKET, 2004
The AKTRIN Furniture
Information Center in collaboration with AMA Research of the
In 2003, the UK Office Furniture market was worth around ?34 million at MSP. The UK Office Furniture market has been volatile since 1997. In 1999, the market experienced a decline due to low business confidence and the postponement of many new office furniture projects, as a result of a referral of investment into IT for millennium compliance.
Future prospects are more optimistic for the Office Furniture sector in the medium term. However, despite the industry experiencing a recovery, the market is expected to remain static in the short term, due to the time lag between confidence returning and the market showing real signs of growth.
Key influences in the market included commercial property activity,off-shoring and technological developments, rising use of flat screens or laptops, etc. Development of technology has facilitated the growth of mobile working (?ot-desking ?otelling?and eleworking, relaxed constraints on desk size and shape and supported the growth of more informal working areas. Ne w office building also has an impact on the office furniture market, but this has been a difficult market in recent years, with a high level of availability of office space leading to low levels of new build and limited demand for new installations.
Imports and exports
a significant amount of value in the UK Office Furniture market with imports currently
valued at ?17 million and exports at ?10 million. The level of imports increased between
1998-2001, before experiencing a decline in 2002 due to the downturn in the global
economy. However, imports experienced a return to growth in 2003 increasing by 3%, due to
suppliers using manufacturing facilities outside the
continued to decline since 1998, with the exception of 2001, which experienced a marginal
increase. In 2003, imports decreased by 9% on 2002 levels as a result of the exchange rate
and the unstable economic conditions globally. In 2003, only
desking experienced an increase in exports on 2002 values. However desking imports
have continued to fall since 2000, while both storage/ screening and seating experienced
increases in 2003. EC Countries continue to dominate office furniture imports with Italy
and Germany being the major trading partners. Outside the EC,
The market is comprised of four separate product sectors, which includes desking (the main sector accounting for 41%), seating, storage and screening / others. In 2003, the Desking market was worth an estimated ?01 million at manufacturers sales prices (msp). This sector consists of three sub sectors, which include executive, systems and economy stand-alone desking.
The Seating sector is the second largest product sector in the Office Furniture market and is currently valued at around ?29 million. Technological advances and ergonomic development, in addition to the increased awareness of the importance of good office seating in relation to health and safety, are key motivating factors in this sector.
In the Storage sector the trend over recent years has been towards more aesthetically pleasing wood finishes, although metal products remain the most popular for shared storage. The market is estimated to be worth ?40 million, which comprises of over 30% wood products.
The‘Screening/ Others?sector incorporates both screening and other products such as computer trolleys. This market sector is estimated to be valued at ?4 million in 2003, with the continuing demand for screen systems in open plan offices mainly fuelling the sector. Computer trolleys have continued to decline in both popularity and market share.
and Distribution within
the Office Furniture market remain fiercely competitive with a large number of suppliers
within the market. There has been some activity in terms of consolidation or acquisition
activity and conversely divestment activity. In 2003, the top six suppliers account for
37% of the market by value, representing a decline on the 40% in 2001.The largest supplier
two main distribution channels for Office Furniture are via the dealer network or direct
to end users. Retail and superstore sales have increased as a result of continuing growth
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consulting firm fully dedicated to the furniture industry. The company has been in
existence since 1985 and maintains offices in the United States, Canada, Mexico and
Germany . Representatives and affiliates are located throughout the world.
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