Office-contract furniture market estimated to be $17 billion
April 14, 2020 | 9:07 am CDT

The preliminary estimate developed by IHS Markit of the North American office, education, and healthcare furniture market for 2019 was estimated to be $16.99 billion by the Business and Institutional Furniture Manufacturers Association. That is a gain of 4.3 percent over the actual 2018 market size figure.

The market in the U.S. was estimated to be just under $15 billion for 2019, an increase of 5.5 percent.

In Canada, the size of the market was estimated to be $1 billion, a decline of 5 percent from the previous year.

Mexico's office furniture market size was estimated to be just over $1 billion, a decline of 2 percent.

Several years ago the market information program was modified to provide more relevant data that better aligns with current industry realities. Previously, the data program only reflected the U.S. office furniture market. Now, it includes all of North America (U.S., Canada, and Mexico).

The following market size estimates have been developed by IHS Markit utilizing various government data sources.


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Karl Forth

Karl D. Forth is online editor for CCI Media. He also writes news and feature stories in FDMC Magazine, in addition to newsletters and custom publishing projects. He is also involved in event organization, and compiles the annual FDM 300 list of industry leaders. He can be reached at [email protected].