Market Size of Europe Home Office Furniture Industry
Study Period | 2020 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2020 - 2022 |
CAGR | > 6.00 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Europe Home Office Furniture Market Analysis
The home office furniture is turning out to be an opportunity for furniture manufacturers in the European market. The leading manufacturers of home office furniture are currently implementing technologically advanced production processes to increase production efficacy and optimize product offerings. The wider application of information technology and home/distance working calls for larger entertainment storage units and concealed home office furniture as well as desks and shelving systems. It is estimated that around that close to 40% of those currently working in the EU began to telework full-time as a result of the pandemic. As this trend continued the demand for home office furniture is ticking up in the market. Height adjustable desks and chairs for home office are gaining traction among many European workers and countries as while working many people prefer to change their working positions from sitting to standing and vice-versa time to time. Low budget products are sold in the market by importing them (mostly chairs but also arms and other tools), or furniture pieces produced by ready to assembled furniture manufacturers in Europe. Europe's home office furniture was a net importer in the market with imports accounted for over 35% in the market. For United Kingdom home office market China as well as EU countries including Germany, Italy, France and Sweden are the min suppliers. As furniture companies and retailers are also worried about health and safety of their employees, they are promoting skeleton workers at stores, and are opting more digital option to increase sales and implementing remote working solutions thus positively influencing the market and the demand.
Europe Home Office Furniture Industry Segmentation
A complete background analysis of the Europe Home Office Furniture Market which includes an assessment of the National accounts, economy, and the emerging market trends by segments, significant changes in the market dynamics, and the market overview is covered in the report.
By Product | |
Seating | |
Tables and Desks | |
Storage Units | |
Other Home Office Furniture |
By Distribution Channel | |
Flagship Stores | |
Specialty Stores | |
Online | |
Other Distribution Channels |
By Country | |
United Kingdom | |
Germany | |
France | |
Italy | |
Spain | |
Rest of Europe |
Europe Home Office Furniture Market Size Summary
The European home office furniture market is experiencing significant growth, driven by the increasing trend of remote work and the need for ergonomic and flexible workspaces. The pandemic has accelerated the shift towards telecommuting, with a substantial portion of the workforce in the EU adopting full-time remote work arrangements. This has led to a rising demand for home office furniture, including height-adjustable desks and chairs, which cater to the preferences of workers who seek to alternate between sitting and standing. Manufacturers are leveraging advanced production technologies to enhance efficiency and expand their product offerings, while also focusing on the integration of information technology into furniture designs. The market is characterized by a strong import presence, with countries like China and various EU nations supplying a significant portion of the furniture, particularly in the United Kingdom.
The competitive landscape of the European home office furniture market is marked by a diverse range of players, including traditional office furniture manufacturers, home furniture and upholstery producers, and ready-to-assemble furniture companies. The demand for cost-effective solutions is driving competition, especially in the United Kingdom, where e-auction platforms are offering budget-friendly options. As the trend of remote work continues, the market is expected to see an influx of new entrants, further intensifying competition. Companies are also adapting to the changing work environment by promoting digital sales channels and remote working solutions, which are positively impacting market demand. The focus on workplace flexibility and employee comfort is shaping the future of the market, with ergonomic and space-efficient furniture becoming increasingly popular across Europe.
Europe Home Office Furniture Market Size - Table of Contents
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1. MARKET 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 Market Opportunities
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1.5 Impact of COVID 19 on the Market
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1.6 Value Chain Analysis
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1.7 Porter's Five Forces Analysis
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1.8 Technological Innovations
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1.9 Insights on Trends and Key Developments in the Market
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1.10 Government Regulations in the Market
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2. MARKET SEGMENTATION
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2.1 By Product
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2.1.1 Seating
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2.1.2 Tables and Desks
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2.1.3 Storage Units
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2.1.4 Other Home Office Furniture
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2.2 By Distribution Channel
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2.2.1 Flagship Stores
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2.2.2 Specialty Stores
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2.2.3 Online
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2.2.4 Other Distribution Channels
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2.3 By Country
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2.3.1 United Kingdom
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2.3.2 Germany
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2.3.3 France
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2.3.4 Italy
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2.3.5 Spain
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2.3.6 Rest of Europe
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Europe Home Office Furniture Market Size FAQs
What is the current Europe Home Office Furniture Market size?
The Europe Home Office Furniture Market is projected to register a CAGR of greater than 6% during the forecast period (2024-2029)
Who are the key players in Europe Home Office Furniture Market?
Actona Company A/S, Bisley, IKEA, Bo Concept and Poltrona Frau are the major companies operating in the Europe Home Office Furniture Market.