From 2013 to 2023, the office and shop furniture hours worked in Spain showed considerable fluctuations. Initially, there were declines in 2013 and 2014, followed by a period of growth from 2015 to 2019. The surge was interrupted by a sharp drop in 2020, attributed to the pandemic. A slight recovery occurred in 2021, peaking in 2019, followed by consistent declines up to 2023, with a year-on-year decrease of -5.93% and a CAGR of -4.53%. In 2023, the value stood at 12.848 million hours. Forecasts project a significant downturn, with a forecast five-year CAGR of -9.99%, culminating in a 40.93% reduction by 2028.
Future trends to watch for:
- Impact of remote work on office furniture demand
- Economic recovery post-pandemic influencing new office setups
- Sustainability and ergonomic trends driving innovation
