UK Office Furniture Market Size
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 5.21 Billion |
| Market Size (2029) | USD 5.98 Billion |
| CAGR (2024 - 2029) | 2.78 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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UK Office Furniture Market Analysis
The United Kingdom Office Furniture Market size is estimated at USD 5.21 billion in 2024, and is expected to reach USD 5.98 billion by 2029, growing at a CAGR of 2.78% during the forecast period (2024-2029).
COVID-19 has had a severe impact on the office furniture market in 2020. The demand for office furniture is expected to have declined despite a move to homeworking. The permanent shift in working habits has changed the office furniture market as the sales of seating products have shown the most growth in recent years due to the setup of home offices.
The United Kingdom is the second-largest furniture market in Europe, and non-specialist retailers dominate the British furniture distribution system. Due to an improving economy, with business confidence levels returning to growth and expansion of businesses increasing their expenditure on additional office space and furniture, the demand for office furniture is growing steadily in the country.
The office furniture market in the country is divided into two major categories, the corporate sector, which is serviced by the UK and overseas branded suppliers, either directly to end-users or via fit-out specialists and furniture dealers, and the small office sector, which is supplied mainly from countries like China and other low cost producing countries through mail orders, Internet and retail outlets. It is estimated that 30% of the UK's furniture manufacturing turnover is attributable to the office and contract sub-sectors. This industry produces a wide range of office furniture, including office desks, workstations, seating, tables, cabinets, and other items for the office environment.
UK Office Furniture Market Trends
This section covers the major market trends shaping the UK Office Furniture Market according to our research experts:
Growing Flexible Office Spaces in the Country
The number of flex office spaces in the United Kingdom is witnessing constant growth. The United Kingdom has seen a steady increase in flexible supply, with growth levels well above that seen in the traditional sector. The growth in flexible workspaces is primarily driven by the larger multi-location providers increasing their coverage across the United Kingdom and into new markets.
These offices are promoting collaborative work and adaptability and are increasingly ordering more adjustable furniture. Office products more suitable for these areas are developing, such as moveable, high-backed chairs, height-adjustable desks, and sit-and-stand workstations.
Rising Imports of Office Furniture in United Kingdom
The United Kingdom's office furniture market relies heavily on imports, and they account for nearly 35% of the share. Some of the major importing countries include China, Germany, France, Italy, and other European countries. The United Kingdom's imports of office furniture were worth almost 215 million British pounds in 2019, of which around 109.3 million came from European Union member states. The imports decreased in 2020 to 102.8 due to COVID-19 and the transformation of work culture as various companies have opted to work from home.
UK Office Furniture Industry Overview
The office furniture market in the United Kingdom remains highly competitive and fragmented, with a large number of suppliers operating in the market. Some of the major companies in the market include Urban Office, Herman Miller, Steelcase, and Knoll. The players are constantly innovating in terms of designs and other features of products to remain competitive in the market.
UK Office Furniture Market Leaders
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Herman Miller
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Steel Case
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HumanScale
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UrbanOffice
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Tangent Furniture
*Disclaimer: Major Players sorted in no particular order
UK Office Furniture Market News
- In 2022, Steelcase Inc. reported first-quarter revenue of USD 740.7 million, a net loss of USD 11.4 million, and an adjusted loss per share of USD 0.05. Steelcase Inc. acquired Halcon, a Minnesota-based designer and manufacturer of tailored wood furniture for the workplace, for USD 127.5 million in May 2022.
- In 2022, Herman Miller, a global company in innovative design and furnishing solutions and a part of the MillerKnoll collective, has teamed up with Design firm Studio 7.5 again to unveil their latest collaboration, the Zeph Chair. Zeph aims to bridge the gap between Herman Miller's iconic mid-century designs and the ergonomics of today's office chairs.
UK Office Furniture Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions and Market Definition
- 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 Value Chain/Supply Chain Analysis
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4.5 Industry Attractiveness - Porters' Five Forces Analysis
- 4.5.1 Threat of New Entrants
- 4.5.2 Bargaining Power of Buyers/Consumers
- 4.5.3 Bargaining Power of Suppliers
- 4.5.4 Threat of Substitute Products
- 4.5.5 Intensity of Competitive Rivalry
- 4.6 Insights of Technology Innovations in the Market
- 4.7 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
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5.1 By Type
- 5.1.1 Seating
- 5.1.2 Tables
- 5.1.3 Storage
- 5.1.4 Desks
- 5.1.5 Others office furniture
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5.2 By Distribution Channels
- 5.2.1 Home Centers
- 5.2.2 Flagship Stores
- 5.2.3 Specialty Stores
- 5.2.4 Online Stores
- 5.2.5 Other Distribution Channels
6. COMPETITIVE LANDSCAPE
- 6.1 Market Competion Overview
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6.2 Company Profiles
- 6.2.1 Herman Miller
- 6.2.2 SteelCase
- 6.2.3 HumanScale
- 6.2.4 Margolis Furniture
- 6.2.5 Flexiform Office Furniture
- 6.2.6 Knoll
- 6.2.7 Tangent Office Furniture
- 6.2.8 Metric Office Furniture
- 6.2.9 The Frem Group
- 6.2.10 Verve Workspace
- 6.2.11 Lee & Plumpton
- 6.2.12 Verco Office Furniture
- 6.2.13 Urban Office*
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. DISCLAIMER AND ABOUT US
UK Office Furniture Industry Segmentation
This report aims to provide a detailed analysis of the United Kingdom's office furniture market. It focuses on the market dynamics, emerging trends in the segments and regional markets, and insights into the various product and application types. The United Kingdom's office furniture market is segmented by Type (Seating, Tables, Storage, Desks, and Other Office Furniture) and Distribution Channel (Home Centers, Flagship Stores, Specialty Stores, Online, and Other Distribution Channels). The report provides the market sizes and forecasts in terms of value in USD billion.
| By Type | Seating |
| Tables | |
| Storage | |
| Desks | |
| Others office furniture | |
| By Distribution Channels | Home Centers |
| Flagship Stores | |
| Specialty Stores | |
| Online Stores | |
| Other Distribution Channels |
UK Office Furniture Market Research FAQs
How big is the United Kingdom Office Furniture Market?
The United Kingdom Office Furniture Market size is expected to reach USD 5.21 billion in 2024 and grow at a CAGR of 2.78% to reach USD 5.98 billion by 2029.
What is the current United Kingdom Office Furniture Market size?
In 2024, the United Kingdom Office Furniture Market size is expected to reach USD 5.21 billion.
Who are the key players in United Kingdom Office Furniture Market?
Herman Miller, Steel Case, HumanScale, UrbanOffice and Tangent Furniture are the major companies operating in the United Kingdom Office Furniture Market.
What years does this United Kingdom Office Furniture Market cover, and what was the market size in 2023?
In 2023, the United Kingdom Office Furniture Market size was estimated at USD 5.07 billion. The report covers the United Kingdom Office Furniture Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the United Kingdom Office Furniture Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
UK Office Furniture Industry Report
Statistics for the 2024 UK Office Furniture market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. UK Office Furniture analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
