European Office Furniture Market Size
| Study Period | 2019-2028 |
| Base Year For Estimation | 2022 |
| Forecast Data Period | 2024 - 2028 |
| Historical Data Period | 2019 - 2021 |
| CAGR | > 3.50 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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European Office Furniture Market Analysis
Europe Office Furniture Market is estimated at USD 6 billion in the current year and is poised to grow at a CAGR of more than 3% during the forecast period. The office furniture market in Europe is anticipated to witness strong growth in the forecast period. Some of the major factors attributing to this growth are the increasing number of offices in the region and the emerging trends for office spaces such as flex offices and coworking spaces.
The European furniture sector is still grappling with the effects of the COVID-19 pandemic, with no certainty yet that the most dramatic swings in supply and demand are in the past. The contraction in 2020 was particularly large in the office furniture sector, following the decline in investment by both industry and the service sector.
Office furniture accounts for nearly 10-15% of the overall furniture consumption in Europe. The top five producers of office furniture in the region are Germany, France, the United Kingdom, Italy, and Spain. This region also exports office furniture products to North America, Latin America, Asia, and the Middle East. Almost 40% of the European exports of office furniture originate from Italy and Germany as these are the major manufacturing countries for office furniture.
European Office Furniture Market Trends
This section covers the major market trends shaping the Europe Office Furniture Market according to our research experts:
Increasing Production of Office Furniture in Europe is Anticipated to Drive the Market
European office furniture production increased significantly in the past six months. Around 84% of the office production in Europe originates in Western Europe, and the remaining production happens in Central Eastern Europe.
Office furniture consumption in Europe has also increased in the past few years, indicating the rising demand for furniture products in the region. Some of the major countries in the region that produce office furniture include Austria, Italy, France, and Spain in the Western European market. Germany, Italy, Poland, France, and the United Kingdom are the major producers of office furniture products in the Eastern part of Europe. However, Germany, Italy, Poland, the United Kingdom, and France rank among the top 12 furniture manufacturers worldwide and hold a combined share of 66% of Europe's furniture production.
In terms of materials used, there is a trend away from the use of wood in EU office furniture production toward plastic and metal, although wood still accounts for important shares of production (80% in office desks, 30% in worktops, 50% in cabinets, storage and filing system and wall to wall units).
Germany is One of the Leading Countries for Office Furniture
The German office furniture segment has been recording a stable upward trend for the past five years, with a steady rise in the annual sales of office furniture in the country. The main drivers of growth were high-quality ergonomic swivel chairs, which encourage health-promoting seating, and furniture for communication zones. There is also a rising demand for work tables with adjustable heights.
The demand for office furniture is also increasing in domestic businesses in the country due to the support of new work environments. There is also an increasing demand for ergonomic equipment for home offices and other workplaces outside of the company locations are also increasing. Industry experts see digitization as a key factor in the continued strong demand for redesigned office workplaces.
Some of the major export markets of office furniture include France, the Netherlands, Austria, and Switzerland, and there was also increased demand from Italy, the Benelux countries, and Eastern Europe.
European Office Furniture Industry Overview
The European office furniture market is fragmented with the presence of players such as Steelcase, Kinnarps, Nowy Styl, and Herman Miller Europe. European furniture manufacturers have a good reputation worldwide due to their creative capacity for new designs and responsiveness to new demands. The industry is able to combine new technologies and innovation with cultural heritage and style and provides jobs for highly skilled workers.
European Office Furniture Market Leaders
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Steelcase
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Herman Miller Europe
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Kinnarps
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Nowy Styl
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Vitra
*Disclaimer: Major Players sorted in no particular order
European Office Furniture Market News
- May 2022: NORNORM, a subscription-based furnishing service offering radically affordable workspace solutions through circular renting models, announced the expansion of its business to the German market.
- February 2022: NexGen Workspace, the premiere resource for commercial office furniture, announced the launch of its new website www.nexgenworkspace.com providing potential buyers with instant quotes for commercial office furniture, as well as providing several pricing options.
European Office Furniture Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS AND INSIGHTS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Industry Value Chain Analysis
4.5 Industry Attractiveness - Porter's Five Forces Analysis
4.5.1 Threat of New Entrants
4.5.2 Bargaining Power of Buyers
4.5.3 Bargaining Power of Suppliers
4.5.4 Threat of Substitutes
4.5.5 Intensity of Competitive Rivalry
4.6 Insights of Technological Innovations in the Market
4.7 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
5.1 By Material
5.1.1 Wood
5.1.2 Metal
5.1.3 Plastics
5.1.4 Other Materials
5.2 By Products
5.2.1 Meeting Chairs
5.2.2 Lounge Chairs
5.2.3 Swivel Chairs
5.2.4 Office Tables
5.2.5 Storage Cabinets
5.2.6 Desks
5.3 By Distribution Channel
5.3.1 Direct
5.3.2 Indirect
5.4 By Country
5.4.1 Germany
5.4.2 United Kingdom
5.4.3 France
5.4.4 Spain
5.4.5 Rest of Europe
6. COMPETITIVE LANDSCAPE
6.1 Market Competition Overview
6.2 Company Profiles
6.2.1 Steelcase
6.2.2 Kinnarps
6.2.3 Nowy Styl
6.2.4 Ahrend Group
6.2.5 Haworth Europe
6.2.6 Herman Miller Europe
6.2.7 Narbutas
6.2.8 Sedus Stoll
6.2.9 Senator
6.2.10 Vitra
6.2.11 Kinnarps
6.2.12 European Furniture Group
6.2.13 Poltrona Frou*
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. APPENDIX
9. DISCLAIMER
European Office Furniture Industry Segmentation
Office furniture can be anything from computer office desks and office chairs to bookcases and bookshelves.
The European office furniture market is segmented by material (wood, metal, plastics, and other materials), product (meeting chairs, lounge chairs, swivel chairs, office tables, storage cabinets, and desks), distribution channel (direct and indirect), and country (Germany, United Kingdom, France, Spain, Rest of Europe). The report offers market size and forecasts for the European office furniture market in value (USD billion) for all the above segments.
| By Material | |
| Wood | |
| Metal | |
| Plastics | |
| Other Materials |
| By Products | |
| Meeting Chairs | |
| Lounge Chairs | |
| Swivel Chairs | |
| Office Tables | |
| Storage Cabinets | |
| Desks |
| By Distribution Channel | |
| Direct | |
| Indirect |
| By Country | |
| Germany | |
| United Kingdom | |
| France | |
| Spain | |
| Rest of Europe |
European Office Furniture Market Research FAQs
What is the current Europe Office Furniture Market size?
The Europe Office Furniture Market is projected to register a CAGR of greater than 3.5% during the forecast period (2023-2028).
Who are the key players in Europe Office Furniture Market?
Steelcase, Herman Miller Europe, Kinnarps, Nowy Styl and Vitra are the major companies operating in the Europe Office Furniture Market.
European Office Furniture Industry Report
Statistics for the 2023 European Office Furniture market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. European Office Furniture analysis includes a market forecast outlook to 2028 and historical overview. Get a sample of this industry analysis as a free report PDF download.
