Office Furniture Manufacturing in Canada
Bucking a long-running decline in revenue, the Office Furniture Manufacturing industry in Canada has grown over the past five years. The industry produces business-oriented furniture as well as office and retail fixtures. Canadian demand for office furniture has been volatile over the current period. Declining oil prices have shaken business confidence in Canada's natural-resources-heavy economy. Meanwhile, spending on nonresidential construction, and thus new office and retail space, has inhibited domestic demand for related furniture. As a result, the industry has been highly dependent on demand from the United States, its main export destination. Over the five years to 2017, industry revenue is expected to grow. Over the next five years, exports are unlikely to continue supporting the industry. US demand will slow as growth in construction markets returns to historical norms. Meanwhile, changes in the way workplaces function are expected to reduce overall demand for furniture in business operations.
This industry produces a wide range of office furniture, including bookcases, cabinets, chairs, desks and filing cabinets. It also manufactures office and store fixtures, such as cafeteria countertops (except kitchen and bathroom), furniture parts and partitions. Furniture may be ordered predesigned or customized, and may be sold assembled or unassembled.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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