The industry manufactures a wide range of furniture for use in offices, shops and other establishments, including bookcases, shelves, desks and seats. These products are manufactured using wood, steel and glass. The industry has encountered lacklustre conditions during many years of the five-year period through 2014-15, due to weak domestic demand and strong import competition. The total market for office and shop furniture is expected to be worth £3.3 billion in 2014-15, of which IBISWorld estimates that £1.4 billion or 43.1% is satisfied by imports. Exports are anticipated to generate 14.3% of industry revenue in the current year.
Operators in this industry manufacture furniture for use in offices, shops and other public areas. They also manufacture furniture for establishments such as hotels, restaurants, theatres, cinemas, schools and laboratories. Furniture made from stone, concrete or ceramic is excluded from the industry.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.