£2.1bn
£XXX.Xm
19,854
868
£XXX.Xm
Over the five years through 2024-25, office and shop furniture manufacturing revenue is forecast to contract at a compound annual rate of 4.2% to £2.1 billion. Economic uncertainty caused by the Brexit vote encouraged businesses to manage spending budgets with greater caution, restricting sales of office and shop furniture. Similarly, commercial construction activity weakened, reducing the number of commercial premises needing to be furnished. These uncertainties were worsened by the COVID-19 pandemic, as businesses prioritised cashflow, causing spending to be reduced and investments or projects to be postponed or even cancelled.
Industry revenue has declined at a CAGR of 3.5 % over the past five years, to reach an estimated £2.1bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2024 | Revenue (£m)
2024 |
---|---|---|
Senator International Ltd | 161.1 | |
FC Brown (Steel Equipment) Ltd | 27.2 | |
Verco Office Furniture Ltd | 12.6 |
To view the market share and analysis for all 6 top companies in this industry, view purchase options.
Industry revenue is measured across several distinct product and services lines, including Wooden shop furniture, Seats and Wooden office furniture. Wooden shop furniture is the largest segment of the Office & Shop Furniture Manufacturing in the UK.
Government investment into educational establishments drives up wooden furniture sales
Companies 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.
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SIC 31.01 - Office & Shop Furniture Manufacturing in the UK
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Economic fears cripple furniture sales. Shaky economic conditions brought about by Brexit and the COVID-19 pandemic have put companies off from investing, encouraging them to...
Learn about an industry's products and services, markets and trends in international trade.
Government initiatives bolster sales to the public sector. The Priority School Building Programme has offered a stable demand source for furniture manufacturers, helping offs...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Proximity to markets draws manufacturers to the East of England. Its vast education and technology sectors fuel demand, while the UK's busiest container port, Felixstowe, sup...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Competitive pricing proves key to sales. Office furniture manufacturers offering products at lower price points will draw in more sale from price-conscious buyers, but qualit...
Learn about the performance of the top companies in the industry.
Senator leads with innovation and quality. It stays at the top of the market by investing heavily in R&D, implementing 3D printing technology and concentrating on high-qualit...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Office furniture manufacturers can gain valuable private backing. The British Furniture Manufacturers Association offers staunch support through expert advice, practical assi...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Office furniture makers' returns dwindle. Profit is being pushed down by rising import costs, economic uncertainty and strong price competition from both domestic and interna...
Including values and annual change:
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Key data sources in the UK include:
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The market size of the Office & Shop Furniture Manufacturing in the UK industry in United Kingdom is £2.1bn in 2024.
There are 868 businesses in the Office & Shop Furniture Manufacturing in the UK industry in United Kingdom, which has declined at a CAGR of 0.7 % between 2019 and 2024.
The market size of the Office & Shop Furniture Manufacturing in the UK industry in United Kingdom has been declining at a CAGR of 3.5 % between 2019 and 2024.
Over the next five years, the Office & Shop Furniture Manufacturing in the UK industry in United Kingdom is expected to grow.
The biggest companies operating in the Office & Shop Furniture Manufacturing market in United Kingdom are Senator International Ltd, FC Brown (Steel Equipment) Ltd and Verco Office Furniture Ltd
Wooden shop furniture and Seats are part of the Office & Shop Furniture Manufacturing in the UK industry.
The company holding the most market share in United Kingdom is Senator International Ltd.
The level of competition is high and increasing in the Office & Shop Furniture Manufacturing in the UK industry in United Kingdom.