Product Code: frn5.21
2020 was the year the world of work changed. With government directives to work from home if you can, companies were rapidly forced into a new way of operating with remote employees. A year on, we look at what this has meant and will mean for the office furniture market, with particular emphasis on provision for the home office. The 15th edition of the Home Office Market Report - UK 2021-2025 has been published by AMA Research.
TABLE OF CONTENTS
1. INTRODUCTION 8
- 1.1 BACKGROUND 8
- 1.2 SOURCES OF INFORMATION 8
2. SUMMARY AND MARKET PROSPECTS 11
- 2.1 OVERALL MARKET SUMMARY 11
- 2.2 MARKET SUBSECTORS 12
- 2.3 MARKET PROSPECTS 13
3. THE OVERALL OFFICE FURNITURE MARKET SIZE AND STRUCTURE 16
- 3.1 DEFINITIONS 16
- 3.2 MARKET TRENDS 16
- 3.2.1 Office Furniture Market Size and Background 16
- 3.2.2 Current Trends 17
- 3.2.3 Office Furniture Market Prospects 17
- 3.2.4 International Trade 18
- 3.3 OFFICE FURNITURE SUPPLIERS 20
4. THE HOME OFFICE MARKET 22
- 4.1 DEFINITION OF HOME OFFICE FURNITURE 22
- 4.2 SMALL OFFICE / HOME OFFICE 22
- 4.3 MARKET SIZE AND GROWTH 24
- 4.3.1 Current Situation 25
- 4.3.2 Market Prospects 26
- 4.4 HOME OFFICE FURNITURE PRODUCT TYPES 28
- 4.5 HOME OFFICE FURNITURE PRODUCT MIX 29
- 4.5.1 Home Office Desking 30
- 4.5.2 Home Office Seating 32
- 4.5.3 Home Office Storage 33
- 4.6 PRODUCT TRENDS 34
- 4.7 HOME OFFICE FURNITURE SUPPLIERS 35
- 4.8 TECHNOLOGICAL INFLUENCES 37
5. RECENT CHANGES IN WORKING PRACTISES 39
6. UK SUPPLY CHAIN HOME OFFICE FURNITURE 49
- 6.1 OVERALL STRUCTURE 49
- 6.2 DISTRIBUTION CHANNEL SHARE 50
- 6.2.1 Online/Mail Order/Catalogue 50
- 6.2.2 Retail Outlets 54
- 6.2.3 Office Furniture Dealers 54
- 6.2.4 Others, including Direct 56
- 6.2.5 Wholesalers/Importers 56
APPENDICES 57
APPENDIX A: ECONOMIC ENVIRONMENT 57
A.1 OVERVIEW AND OUTLOOK 57
A.2 GDP 57
A.3 INFLATION & INTEREST RATES 59
A.4 EMPLOYMENT & WAGES 59
A.5 HOUSEHOLD CONSUMPTION 60
A.6 STERLING 61
A.7 TRADE & BUSINESS INVESTMENT 62
TABLES AND CHARTS
- CHART 1: THE UK OFFICE AND HOME OFFICE FURNITURE MARKET 2016 TO 2025 - BY VALUE (£M MSP) AND PERCENTAGE CHANGE 11
- CHART 2: UK HOME OFFICE FURNITURE MARKET 2016 TO 2025 - BY VALUE (£M MSP) AND PERCENTAGE CHANGE (%) 12
- TABLE 3: UK IMPORTS AND EXPORTS OF OFFICE FURNITURE 2016-2020 (JAN-SEP) BY VALUE (£M) 18
- CHART 4: UK IMPORTS AND EXPORTS OF OFFICE FURNITURE 2016-2020 (JAN-SEP) BY VALUE (£M) 18
- TABLE 5: UK IMPORTS AND EXPORTS OF OFFICE FURNITURE 2016 TO 2020 (JAN-SEP) - ANNUAL PERCENTAGE CHANGE 19
- TABLE 6: UK OFFICE FURNITURE MARKET SPLIT OF IMPORTS AND DOMESTIC PRODUCT, 2019 19
- TABLE 7: MARKET SHARE OF LEADING OFFICE FURNITURE SUPPLIERS 2019 %, BY VALUE 21
- TABLE 8: UK MARKET FOR HOME OFFICE FURNITURE 2016 TO 2025 - BY VALUE (£M MSP) 24
- CHART 9: UK HOME OFFICE FURNITURE MARKET 2016 TO 2025 - BY VALUE (£M MSP) AND PERCENTAGE CHANGE (%) 26
- CHART 10: VALUE MIX OF FLAT PACK/READY ASSEMBLED HOME OFFICE FURNITURE 2020 - % BY VALUE 28
- TABLE 11: UK HOME OFFICE FURNITURE MARKET PRODUCT MIX 2020 - BY VALUE (£M MSP) AND PERCENTAGE SHARE (%) 30
- TABLE 12: OFFICES OUTPUT (PRIVATE AND PUBLIC SECTOR) AND NEW ORDERS 2015-2019 AND TOTAL OUTPUT FORECASTS 2020-2024- BY VALUE (£BN AT CURRENT PRICES) 40
- TABLE 13: HOMEWORKING TRENDS 1997-2019 - NUMBER AND % OF THE WORKING POPULATION 44
- CHART 14: PROPORTION OF WORKFORCE MAINLY WORKING FROM HOME, BY OCCUPATION - JAN-DEC 2019 (%) 45
- TABLE 15: PROPORTION OF WORKFORCE HOMEWORKING BY OCCUPATION - JAN-DEC 2019 (%) 45
- CHART 16: UK HOME OFFICE FURNITURE MARKET DISTRIBUTION STRUCTURE 49
- CHART 17: UK HOME OFFICE MARKET DISTRIBUTION CHANNEL SHARE 2020 % BY VALUE 50
CHART A1: GVA CHAINED VOLUME MEASURES, 2016-2021, KEY CONSTITUENT ELEMENTS 58
CHART A2: CPI INFLATION AND BANK OF ENGLAND BASE RATE, 2008-2023 59
CHART A3: AVERAGE WEEKLY EARNINGS DATA - GB - TOTAL PAY - 2014-2019 (SEASONALLY ADJUSTED) 60
CHART A4: DI PER CAPITA & SAVINGS RATIO AT CURRENT PRICES 2008-2023 61
CHART A5: EXCHANGE RATE FLUCTUATIONS 2015-2019, STERLING TO THE DOLLAR AND THE EURO, SPOT RATES 62
CHART A6: TRADE & BUSINESS INVESTMENT, 2019-2020 63