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A business consultancy, based in London, England, John Sacks' JSA Consultancy Services provides expert, in-depth, information advice and guidance as to how to exploit successfully the office furniture and interiors markets in Europe, North America, Australasia and Japan.

Prices to rise in UK office furniture sector, suggests industry survey

Wednesday 21 November 2012

BCFA says long term price falls coming to an end
Office furniture prices could - and more importantly should - rise in 2013 according to the lead trade association for the contract furniture sector.
A survey by the BCFA, which represents the interests of office furniture companies, found that 76 per cent of respondents said prices would rise on average between 3 and 5 per cent next year.
Colin Watson, MD of the BCFA, welcomed the results and said the rises were necessary, highlighting that the top 60 office furniture companies could muster only a combined pre-tax margin of 1.4 per cent.
He said: "The office furniture market has seen a long term reduction in prices despite a corresponding improvement in product quality and service levels.
"Having achieved near maximum efficiencies in the supply of products and with unsustainably low levels of profitability, the BCFA have advised members that we believe price increases of this level are justified.
He added that with the increased costs associated with environmental and recent regulatory legislation, price rises were essential for the long term good of the industry.

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