ALMANAC: CONTRACT FURNITURE
The global office furniture market is on a steady growth
trend, with research site Fact.MR, projecting a CAGR of 5.8%
through 2022 for the industry, surpassing $30.5 billion.
North America continues to rank among the top producers
in the global contract furniture arena, with consumption of office, education and healthcare furniture estimated at $18.70
billion in 2017, the most recent figures published by BIFMA/
IHS Markit. Analysts predict the overall growth of the North
American market will continue to rise.
The ability to sustainably manufacture product, plus react
quickly to changing workplace trends, gives North American
manufacturers a competitive advantage. As seen at NeoCon,
current office trends include: privacy on demand within the
open plan workplace, incorporating partitions and mobile
pods; adaptive furnishings that can be reconfigured for collaborative or private work requirements; biophilic design which
incorporates natural materials and natural light into the office
environment; plus even more height-adjustable desks, innovative surface materials, and products for acoustic comfort.
Manufacturers must also deal with a number of items impacting the industry, including: tariffs; U.S. formaldehyde emissions regulations, with Canada and Mexico looking to do the
same; furniture flammability regulations; seating and storage
standards; and issues relating to sustainability in the workplace.
North American office, education & healthcare
furniture market size (in U.S. dollars)
Total U.S. $13.79B $14.59B
Total NA $16.71B $17.41B
Source: BIFMA/ IHS Markit
Office Furniture (including fixtures: NAICS 3372)
Top 10 trading partners (based on 2017 data)
U.S. Imports U.S. Exports
China: $3.708 billion Canada: $882.075 million
Canada: $1.478 billion Mexico: $307.029 million
Mexico: $678.702 million United Kingdom: $111.741 million
Vietnam: $642.557 million China: $34.340 million
Taiwan: $384.430 million Germany: $26.687 million
Italy: $242.262 million France: $23.551 million
Malaysia: $152.135 million Japan: $23.399 million
Germany: $139.966 millio Australia: $19.611 million
United Kingdon: $116.663 million Netherlands: $18.456 million
Other: $800.019 million Other: $336.062 million
World: $8.342 billion World: $1.783 billion
Canada Imports Canada Exports
United States: $1.364 billion United States: $3.385 billion
Mexico: $897.812 million Mexico: $28.863 million
China: $721.215 million China: $22.063 million
Italy: $90.676 million United Kingdom: $10.440 million
Taiwan: $71.643 million Japan: $9.089 million
Germany: $65.249 million Kuwait: $9.025 million
Vietnam: $43.671 million Saudi Arabia: $5.489 million
Austria: $35.214 million Germany: $4.921 million
Portugal: $31.109 million Columbia: $4.467 million
Poland: $29.866 million Costa Rica: $3.369 million
Others: $210.593 million Others: $55.987 million
World Total: $3.561 billion World Total: $3.539 billion
Source: Foreign Trade Division, U.S. Census Bureau; Statistics Canada (NAICS 33721).
Canada in Canadian dollars. US in USD
According to Research and Market’s Office Furniture World Market Outlook, eight countries account for about 80% of the total
output, with China, the U.S. and Germany leading the way.
Domestically, the contract furniture market is moving at a
steady pace, according to the October 2018 MADA/OFI Trends
Survey, conducted by Michael A. Dunlap & Associates LLC.
In addition to respondents’ concerns on healthcare costs, the
most frequently cited perceived threats were tariffs, transportation and logistics costs, steel prices, and general material costs.
Seating and systems each account for 28% of office furniture products by category, according to BIFMA 2015
information. Tables are roughly 12% of the product mix, followed by files and casegoods at 11% each, and storage at 5%.
Other types of products account for the remaining 5%.
Market Data Sources: Business & Institutional Furniture Manufacturers Assn., IHS Markit,
Fact.MR, Michael A. Dunlap & Associates LLC, Statistics Canada (StatCan), U.S. Census
Bureau, Foreign Trade Division, Research and Markets. Category: Contract furniture includes:
business/office furniture, government furniture, home office, education furniture, healthcare
furnishings, institutional furniture, hospitality furniture.