The sold production of wooden furniture used in offices in Belgium experienced various fluctuations between 2013 and 2023. The value began at 18.499 million Euros in 2013, with a general downward trend until 2017, where a notable dip occurred in 2015 (down by 27.08% year-on-year). However, the years 2018 and 2019 saw significant recoveries with increases of 76.77% and 15.58% respectively. Post 2019, the values slightly declined but stayed within the 20 million range, with a lower year-on-year variation from 2020 (-8.82%) to 2023 (-2.14%). As of 2023, the value was at 19.707 million Euros. The forecast up to 2028 implies a gradual decline at an average annual rate of -1.79%, indicating a potential 8.64% reduction over five years.
Looking forward, key trends to watch include:
- Consumer preferences for sustainable and ergonomic office furniture.
- The impact of hybrid and remote work models on office furniture demand.
- Technological innovation in smart furniture integrating IoT.
