Market Trends of Europe Home Office Furniture Industry
This section covers the major market trends shaping the Europe Home Office Furniture Market according to our research experts:
Increase in Demand From Work From Home People
Around 6 % of people in Europe work usually from home and the demand is further increased by the number of people working at home regularly or sometimes, a figure that is estimated around 83 million individuals in the country. With the outburst of Covid-19, the number of people working from home and telecommuting is forecasted to grow and will undoubtedly lead to a rising demand for furniture for home office spaces.
Companies are finding that workplace flexibility enables employees to work more efficiently and effectively, according to their individualized needs. This shift in more home-based employees also means consumers are needing to create at-home office spaces in spare areas or rooms in their homes.
Germany is the Largest Market Followed by United Kingdom
In Germany, demand furniture the home office with the ergonomic equipment is growing and workplaces outside the company are increasing giving more access to people work with comfort from anywhere. On the other hand, the United kingdom office and home office market had shown growth in the past few years, however, the market is competitive with manufacturers unable to raise the price, buyers are increasingly getting cost-effective options from the e-auction market making the market tough competition.
