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The Europe contract furniture and furnishing market size is forecast to increase by USD 4.75 billion at a CAGR of 5.1% between 2023 and 2028. The European contract furniture and furnishing market is witnessing significant growth due to the increasing popularity of soft contract furniture among end-users. This segment, which includes modular and reconfigurable furniture, is gaining traction due to its flexibility and adaptability to changing workspace requirements. Additionally, the trend towards sustainable practices in the industry is driving the demand for eco-friendly materials, such as wooden panels, in contract furniture production. However, the high cost of contract furniture and furnishing remains a challenge for market growth. The distribution channels for contract furniture are evolving, with a shift towards online sales and direct-to-consumer models. Infrastructure development and modernization in the construction sector are also creating opportunities for the market. Overall, the European contract furniture and furnishing market is expected to grow steadily, with a focus on innovation, sustainability, and cost-effectiveness.
The European furniture market is a significant consumer sector, with a strong focus on innovation and design. Furniture consumption in Europe is driven by various product categories, including office desks, worktops, cabinets, ergonomic swivel chairs, and ergonomic equipment. The market comprises traded products from domestic businesses and leading players such as Steelcase. The furniture market in Europe is segmented into different zones, with distinct purchasing processes and average customer budgets. Wood, plastic, and metal are the primary materials used in the production of furniture. The office sector is a significant contributor to the market, with a growing demand for intelligent furniture that enhances staff productivity. Market forecasts indicate a positive outlook for the European furniture market, with potential demand driven by the hospitality market, retail shops, and the digitalization trend. The use of smart furniture and ergonomic equipment is increasing, with a focus on improving work conditions and reducing workplace injuries.
Further, the distribution channels for furniture in Europe include turn-key solutions, direct sales, and retail shops. The market shares of leading players are influenced by product quality, innovation, and pricing strategies. The furniture industry is also witnessing a shift towards sustainable production methods and the use of eco-friendly materials. Desks and tables, chairs and stools, and cabinets are some of the popular product categories in the European furniture market. The market is expected to grow, driven by the increasing demand for ergonomic and intelligent furniture that enhances comfort and productivity.
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD Billion" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
The Hospitality and food services segment is estimated to witness significant growth during the forecast period. The European contract furniture and furnishing market, spearheaded by industry leaders like Steelcase, exhibits significant growth, particularly in the hospitality and food services sector. This segment accounts for the largest market share and is anticipated to continue its dominance throughout the forecast period. In this segment, contract furniture and furnishing solutions are integral to various establishments, including hotels, resorts, restaurants, cafes, food service chains, tourism companies, event management firms, and media houses. Product offerings encompass dining furniture, bedroom furniture, storage solutions, kitchen furniture, bathroom furniture, and screens. The expansion of these industries is projected to fuel the market's growth in Europe.
Furthermore, the emergence of circular renting models, such as NexGen Workspace, adds a premier resource for commercial office furniture, providing instant quotes and pricing options to cater to diverse business needs.
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The hospitality and food services segment accounted for USD 4.65 billion in 2018 and showed a gradual increase during the forecast period.
Our market researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The growing popularity of contract furniture among end-users is the key driver of the market. Contract furniture and furnishing products are specifically designed and manufactured to meet the rigorous demands of commercial and public spaces, such as hotels, restaurants, bars, and educational institutions. These products are engineered with enhanced durability and long-lasting shelf life, making them ideal for high-traffic environments. The materials used in their production, including wood, plastic, and metal, are of superior quality and versatility to ensure ergonomic comfort and functionality. Contract furniture is engineered to endure the daily use of numerous students and employees, with added features such as ergonomic swivel chairs, adjustable worktops, and modular cabinets. Additionally, companies provide seamless furniture transfer services during office relocations, offering a hassle-free solution for businesses.
the rising sustainable practices is the upcoming trend in the market. The European contract furniture and furnishing market is witnessing significant growth, driven by increasing furniture consumption in various sectors such as offices, hospitals, schools, and hotels. Key furniture types in demand include office desks, worktops, and cabinets, which are predominantly manufactured using materials like wood, plastic, and metal. However, environmental concerns related to deforestation due to the high usage of wood as a raw material are becoming a major issue. Sustainable practices in the industry, such as the use of eco-friendly materials and ergonomic equipment like ergonomic swivel chairs, are gaining popularity to reduce environmental impacts. Domestic businesses in Europe are increasingly focusing on ergonomic furniture zones to enhance productivity and employee comfort. Overall, the market is expected to continue its growth trajectory, driven by these trends.
The high cost of contract furniture and furnishing is a key challenge affecting the market growth. The European contract furniture and furnishing market encompasses a wide range of products, including office desks, worktops, cabinets, and ergonomic swivel chairs, primarily made of wood, plastic, and metal. These items cater to various furniture zones in commercial establishments and domestic businesses. While the innovative design and ergonomic features of contract furniture enhance productivity and aesthetics, their high cost poses a challenge for consumers looking to update or modify their office infrastructure. The durability and high-quality construction of contract furniture justify the premium price, but many opt for more affordable alternatives. This preference may hinder the growth of the market during the forecast period.
The market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Brunner GmbH - The company offers contract furniture and furnishing services for commercial companies, industry, and administrative buildings.
The market research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The European contract furniture and furnishing market is a significant segment of the region's economy, driven by the high demand for commercial office furniture, ergonomic equipment, and furnishing products in various business areas. The market consists of several segments, including the furniture segment, retail segment, hospitality segment, real estate segment, entertainment segment, marine segment, and others. The product categories in the market include office desks, worktops, cabinets, ergonomic swivel chairs, and various ergonomic equipment. The materials used in the production of contract furniture and furnishing include wood, plastic, and metal. The market is served by a number of leading players, including furniture manufacturers, who offer turn-key solutions, soft contract furniture, and own product designs.
Further, the market is witnessing the adoption of circular renting models, digitalization, and smart furniture to enhance workspace productivity and staff comfort. The purchasing process in the contract furniture market involves a survey of potential demand, consideration of market forecasts, average customer budgets, and market shares of leading players. The distribution channels include direct sales, retailers, and online platforms, offering instant quotes and pricing options. The infrastructure for contract furniture production includes modern furniture designs, wooden panels, and modular furniture systems. The market is expected to grow, driven by the increasing demand for infrastructure development, hospitality sectors, retail shops, and healthcare facilities.
Market Scope |
|
Report Coverage |
Details |
Page number |
157 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.1% |
Market Growth 2024-2028 |
USD 4.75 billion |
Market structure |
Fragmented |
YoY growth 2023-2024(%) |
4.65 |
Key companies profiled |
Brunner GmbH, C P Mobelsysteme GmbH and Co. KG, Forest Sofa Ltd., Global Furniture Group, Haworth Inc., HMY Group, Humanscale International Holdings Ltd., Isku Yhtyma Oy, ITOKI Corp., KI, Kinnarps AB, Koninklijke Ahrend BV, MillerKnoll Inc., Ofita SA, Pioneer Contract Furniture Ltd., Sitraben Contract Furniture Ltd., Steelcase Inc., Teknion Group, Verco Office Furniture Ltd., and Vitra International AG |
Market dynamics |
Parent market analysis, market growth inducers and obstacles,market forecast , fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, market condition analysis for the forecast period |
Customization purview |
If our market report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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