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Recycled Office Furniture Market in the US 2016-2020

  • Published: Jul 2016
  • Pages: 51
  • SKU: IRTNTR9819
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This market research report identifies players like Atlanta Office Liquidators, Envirotech Office, Office Liquidators, PVI Office Furniture, and Recycled Office Environments to be the key vendors in the recycled office furniture market in the US. This research report also presents a detailed segmentation of the market by products such as seating, systems, storage units and files, tables, and overhead bins.

Overview of the recycled office furniture market in the US

Technavio’s market research analyst predicts the recycled office furniture market in the US to grow at a CAGR of more than 5% by 2020. Owing to the growing concerns about environment protection, several offices in the US are demanding recycled and green office furniture. Such requirements have pushed the furniture manufacturers to use eco-friendly materials for their products to increase their sustainability. The Business and Institutional Furniture Manufacturers Association (BIFMA), a non-profit trade association of business and institutional furniture manufacturers, has established regulations and guidelines to help office furniture manufacturers and suppliers to ensure that their business practices promote environmental equilibrium, health, and human wellbeing. The growing benefits of eco-friendly office furniture will boost the growth prospects for the recycled office furniture market during the forecast period.

Several vendors in the market are focusing on developing flame repellent furniture from recycled material. Recently, Mexico’s Center for Applied Innovation in Competitive Technologies (CIATEC) developed materials from recycled polyolefins that have flame retardant characteristics and can be applied to routine items such as office furniture and beams. Another product innovation in the office furniture sector is the wood plastic composite. It is an eco-friendly board made from wood fiber and recycled plastic. It is waterproof, fireproof, non-toxic, non-odorous, and recyclable.

Competitive landscape and key vendors

Competition in the market is expected to intensify during the forecast period with an increase in product and service extensions such as furniture installation and extended warranties, and improvements such as portable workstations and multifunctional office furniture. To gain a competitive edge over their peers, several vendors are using online media to enhance their reach and overall value for customers, which include corporate businesses, small business owners, and home office furniture buyers. Some players are also implementing direct marketing mechanism through catalogs. Increased advertising budgets, strong relationships with the distributors, and rising direct sales opportunities will also improve the sales of recycled office furniture in the US during the forecast period.

Leading vendors in the market are -

  • Atlanta Office Liquidators
  • Envirotech Office
  • Office Liquidators
  • PVI Office Furniture
  • Recycled Office Environments

Other prominent vendors in the recycled office furniture market in the US include 9to5 Seating, BCinteriors, Berco Furniture Solutions, Clarin, Columbia Office Furniture, Conklin, Creative Wood, Meridian Office Group, Office Furniture Warehouse, Office Furniture World, Quality Used Office Furniture, Teknion, and Tri-State Office Furniture.

Segmentation by product and analysis of recycled office furniture market in the US

  • Seating
  • Systems
  • Storage units and files
  • Tables
  • Overhead bins

During 2015, the seating segment dominated the recycled office furniture market in the US and accounted for more than 30% of the total market revenue. The rising number of businesses and the subsequent growth in office spaces and rise in the number of employees in the US are impelling the growth of this segment. Several product innovations in seating such as deeper, wider, bariatric, and programmable ergonomic seating, which enhances the comfort for employees are significantly contributing to this segment’s growth. One of the most popular trends gaining grounds in office seating segment is lounge seating.

Growth drivers, challenges, and upcoming trends: Customized office furniture

The market is witnessing increased demand for customized and made-to-order furniture from recycled materials. Several companies like Contact Furnishings, RecycledBrooklyn, Business Furniture of Long Island, and Davies Office are offering high-quality office furniture that is remanufactured and refurbished from recycled materials such as industrial materials and old wood. Owing to the growing need to combine design with functionality and sustainability have prompted offices to opt for customized recycled furniture.

This report provides a number of factors contributing to the adoption, limitations, and opportunities of the recycled office furniture market in the US. It also offers an analysis of each factor and an estimation of the extent to which the factors are likely to impact the overall market growth.

 Key questions answered in the report include

  • What will the market size and the growth rate be in 2020?
  • What are the key factors driving the recycled office furniture market in the US?
  • What are the key market trends impacting the growth of the recycled office furniture market in the US?
  • What are the challenges to market growth?
  • Who are the key vendors in the recycled office furniture market in the US?
  • What are the market opportunities and threats faced by the vendors in the recycled office furniture market in the US?
  • Trending factors influencing the market shares of the US.
  • What are the key outcomes of the five forces analysis of the recycled office furniture market in the US?

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Table of Contents

PART 01: Executive summary

  • Highlights

PART 02: Scope of the report

  • Market overview
  • Top-vendor offerings

PART 03: Market research methodology

  • Research methodology
  • Economic indicators

PART 04: Introduction

  • Key market highlights

PART 05: Country overview

  • Economic indicators

PART 06: Market landscape

  • Global office furniture market
  • Office furniture market in North America
  • Recycled office furniture market in the US
  • Five forces analysis

PART 07: Market segmentation by product

  • Market segmentation by product type
  • Recycled office seating market in the US
  • Recycled office furniture systems market in US
  • Recycled office tables market in the US
  • Recycled office storage units and file cabinets market in the US
  • Global office overhead bins market

PART 08: Market drivers

  • Rise in number of offices in the US
  • Growing demand for customization of office furniture
  • Increased demand for eco-friendly office furniture

PART 09: Impact of drivers

PART 10: Market challenges

  • Emergence of virtual workplace
  • Growing availability of office furniture on rental basis
  • Long product replacement cycle
  • Heavy trade tariffs

PART 11: Impact of drivers and challenges

PART 12: Market trends

  • Rise in demand for MDF- and particle board-based recycled furniture
  • Rise in demand for fireproof office furniture

PART 13: Competitor landscape

  • Competitive scenario

PART 14: Key vendor analysis

  • Atlanta Office Liquidators
  • Envirotech Office Systems
  • Office Liquidators
  • PVI Office Furniture
  • Recycled Office Environments
  • Other prominent vendors

PART 15: Explore Technavio

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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