Recycled Office Furniture Market in the US 2016-2020

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?

Technavio also offers customization on reports based on specific client requirement.

Related reports:

• Global Office Furniture Market 2020-2024
• Office Furniture Market in India 2015-2019
• Office Furniture Market in the US 2015-2019
• Global Home Office Furniture market 2015-2019