Market Size of UK Sustainable Office Furniture Industry
Study Period | 2020 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2020 - 2022 |
CAGR | 5.00 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
UK Sustainable Office Furniture Market Analysis
The COVID-19 outbreak acted as a massive restraint on the office furniture manufacturing market in 2020, as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments. However, with various economies steadily lifting their respective lockdowns, a steady recovery trend is expected to be seen in the upcoming years, with the office furniture industry showcasing a decent jump in revenues.
The office furniture market in UK is anticipated to witness strong growth in the forecast period. Some of the major factors attributing to this growth are the increasing number of commercial spaces in the country, and the emerging trends for office spaces such as flex offices and coworking spaces.
Office furniture accounts for nearly 10-15% of the overall furniture consumption in UK. It is also a market where import penetration is lower. It is partially attributed to the reality that major office furniture orders are mostly done by vendors, developing or co-developing a project with the supplier, thereby giving a competitive advantage to national corporations.
UK Sustainable Office Furniture Industry Segmentation
Sustainable furniture, is an emerging concept, and largely includes furniture made from eco-friendly or recycled materials that are sustainably sourced. Some of the prevalent raw materials used for green furniture include recycled textiles, oak, birch, hemp, wood, and bamboo. A complete analysis of the UK Sustainable Office Furniture Market, which includes an assessment of the emerging market trends by segments, significant changes in the market dynamics, and the market overview is covered in the report. The UK Sustainable Office Furniture Market is segmented By Product Type (Seating, Tables, Storage Units, Desks, Other Office Furniture), By Material (Wood, Bamboo, PET, Others) and By Distribution Channel (Online and Offline)
By Product Type | |
Seating | |
Tables | |
Storage Units | |
Desks | |
Other Office Furniture |
By Material | |
Wood | |
Bamboo | |
PET | |
Others |
By Distribution Channel | |
Online | |
Offline |
UK Sustainable Office Furniture Market Size Summary
The UK sustainable office furniture market is poised for significant growth, driven by the increasing number of commercial spaces and the rising popularity of flexible and coworking office environments. The market, which constitutes a notable portion of the overall furniture consumption in the UK, benefits from a lower import penetration due to the nature of major office furniture orders being predominantly handled by national vendors. This dynamic provides a competitive edge to local corporations. The demand for office furniture is further bolstered by a rise in employment rates and increased investments in office premises, alongside a growing preference for branded and innovative furniture designs that cater to modern consumer preferences.
The market's expansion is also supported by heightened commercial construction activities, with new office spaces being developed and existing ones remodeled. This trend is expected to drive demand for contemporary office furniture across the region. The presence of major international and local players dominates the market, although technological advancements and product innovations are enabling mid-size to smaller companies to expand their market presence. Strategic partnerships and acquisitions, such as those by Made.com and BMG, are further enhancing the market's growth trajectory by strengthening sustainable furniture offerings and expanding business reach.
UK Sustainable Office Furniture Market Size - Table of Contents
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1. MARKET INSIGHTS AND DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Value Chain / Supply Chain Analysis
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1.5 Porters Five Force Analysis
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1.5.1 Threat of New Entrants
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1.5.2 Bargaining Power of Buyers
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1.5.3 Bargaining Power of Suppliers
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1.5.4 Threat of Substitute Products
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1.5.5 Intensity of Competitive Rivalry
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1.6 Insights on Current Trends and Technological Innovations in the Market
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1.7 Consumer Buying Behavior and Preferences
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1.8 Insights on Industry Certifications and Government Initiatives/Regulations for Sustainable Furniture
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1.9 Impact of COVID-19 on the Market
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2. MARKET SEGMENTATION
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2.1 By Product Type
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2.1.1 Seating
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2.1.2 Tables
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2.1.3 Storage Units
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2.1.4 Desks
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2.1.5 Other Office Furniture
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2.2 By Material
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2.2.1 Wood
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2.2.2 Bamboo
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2.2.3 PET
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2.2.4 Others
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2.3 By Distribution Channel
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2.3.1 Online
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2.3.2 Offline
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UK Sustainable Office Furniture Market Size FAQs
What is the current UK Sustainable Office Furniture Market size?
The UK Sustainable Office Furniture Market is projected to register a CAGR of greater than 5% during the forecast period (2024-2029)
Who are the key players in UK Sustainable Office Furniture Market?
Lee & Plumpton, Verve Workspace, Frem, Metric Office Furniture and Office Reality are the major companies operating in the UK Sustainable Office Furniture Market.