The sold production of office metal furniture in Finland saw substantial fluctuations from 2013 to 2023. From a high of 255.06 thousand items in 2013, production fell dramatically to 181.37 thousand items in 2014, a year-on-year decrease of -28.89%. This downward trend continued, hitting lows of 57.02 thousand items in 2017 and 15.43 thousand items in 2018. From 2018, the market witnessed a rebound, increasing sharply by 458.72% in 2020 and continuing upward to 83.08 thousand items in 2021 and 120.16 thousand items in 2022. However, the volume slightly decreased to 119.34 thousand items in 2023, showing a minor -0.67% year-on-year variation. The 5-year CAGR from 2018 to 2023 stands at an impressive 50.55%.
The forecast from 2024 onward suggests a steady decline, with a projected value of around 115.41 thousand items by 2028, reflecting a 5-year CAGR of -0.53%. Though the growth rate from 2023 to 2028 appears minimal, the market is expected to stabilize.
Future trends to watch for include:
- Technological advancements in office furniture design and production.
- Shifts towards sustainable and eco-friendly materials.
- Changes in workplace dynamics post-pandemic influencing furniture demand.
- Potential regulatory changes impacting production and materials used.
