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Summary and extracts
1 Market overview
1.1 Definition and scope of study
Office furniture manufacturers manufacture a wide variety of items for different working environments . This furniture is marketed to professionals (businesses, shops and communities), e.g. for individual workstations, meeting rooms or open-space. The main products include desks, chairs and cupboards. We can differentiate between new furniture and used furniture, or even rental furniture
On a global level, the market is in sharp rise The growth of the tertiary economy in many developing countries is driving this trend. Among the leading companies in the sector are the American Steelcase or Nowy Styl
In Belgium, the market is rather mature but experienced a slight growth between 2017 and 2019 . The manufacturers' market remains fairly fragmented with a significant number of small companies. The external market is important for Belgian producers since exports were worth nearly US$89 million in 2019 . However, Belgian foreign trade in office furniture remains in deficit
The Covid crisis is nevertheless expected to have a negative impact on business in 2020, and office furniture manufacturers will have to adapt in the face of the changes in workplaces and workspaces in the post-covid world-19 The trend is towards a mix between traditional offices, home teleworking and third party locations.
List of charts presented in this market study
- Global office furniture market
- Evolution du chiffre d'affaires de la fabrication de meubles de bureau et de magasin
- Evolution du chiffres d'affaires de l'industrie belge de l'ammeublement
- Evolution de la construction d'immobilier commercial neuf
- Evolution du volume d'investissement dans les bureaux à Bruxelles
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Latest news
Steelcase remanufactures its office chairs - 04/04/2024
- Year of launch of "remanufacturing" offer: end 2023.
- Employment at the plant: 350 employees (including temporary staff).
- Annual production: 600,000 office chairs.
- Sales in 2023: 150 million euros.
Altrnativ, former Qwant CEO's cybersecurity startup, raises €1 million - 06/04/2021
- Altrnativ raises €1 million from Sipartech and Map Iberia Investments
- Altrnativ launches its first commercial offers
- Altrnativ, which currently employs 25 people, aims to reduce the vulnerability of IT systems and communication tools used by public authorities, businesses and private individuals
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the office furniture market | Belgium
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