The sold production of office and shop furniture in Finland saw significant fluctuations from 2013 to 2023. Notably, 2023 recorded a value of 1,025 thousand items, showing a marginal increase of 0.34% compared to 2022. The compound annual growth rate (CAGR) over the last five years (2018-2023) stands at approximately -8.59%, signaling a general decline. Key variations include large increases in 2016 and 2018, contrasted by significant drops in 2015 and 2019.
Looking ahead, from 2024 onward, the forecasted trend shows steady growth with a CAGR of 0.26% over the next five years, reaching a value of 1,041.7 thousand items by 2028, which suggests a gradual market recovery. Future trends to watch include technological advancements, shifts in office design preferences, and potential impacts from global economic conditions.