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Office Furniture Wholesaling in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Office Furniture Wholesaling Market Research Report | SIC G46.650 | Feb 2017

Tough trading: Wholesalers face short-term pain of higher import costs and low business spending

IBISWorld’s Office Furniture Wholesaling market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Spicers Limited Spicers Limited market share
Industry Statistics & Market Size
Annual Growth 12-17
Annual Growth 17-22
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Industry Analysis & Industry Trends

The Office Furniture Wholesaling industry has shown fairly consistent growth over much of the past five years, excluding the current year, growing at a compound annual rate of 0.6%. The industry started the five-year period through 2016-17 on a low base, owing to prolonged financial uncertainty in downstream markets. This meant growth was particularly high in the initial years of the period, as the economy recovered, although this steadied in 2014-15. Both business confidence and business capital expenditure are expected to fall through the current year, following the result of the EU referendum. This is expected to curtail revenue as the resulting economic uncertainty discourages firms from expanding and investing in new furniture... purchase to read more

Industry Report - Industry Investment Chapter

The Office Furniture Wholesaling industry has a low level of capital intensity. For every £1.00 spent on depreciation, an estimated £17.41 is allocated to labour. The main investment requirements are storage systems, inventory systems, and delivery and materials-handling vehicles. In addition to product quality and choice, successful wholesalers must ensure timely and correct delivery of goods. The industry is trending towards consolidation. Many firms have merged recently, or grown into larger firms, and larger firms tend to be more capital intensive. Increasingly, manufacturers are vertically integrating their operations, acquiring wholesale businesses and dealing directly with retailers and end users.

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Industry ProductsRelated ReportsTable of Contents

What is the Office Furniture Wholesaling Industry?

Office furniture wholesalers stock a range of office furniture including bookshelves, cabinets, chairs, desks, filing cabinets, furniture parts and cubicle partitions. Furniture may be ordered off the shelf or it can be custom-made. Items may be sold assembled or unassembled.

Industry Products
SeatingOffice systems and desksFiling cabinetsCasegoodsTablesStorage
Industry Activities
Wooden office furnitureSteel office furniturePartition, shelving and locker

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