Welcome to JSA Consultancy Services

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.

Subscribe to our News Page

Enter your email here and we will tell you when this page is updated.

 

 

moreLatest News

Monday 24 July 2017 Steelcase Werndl changes name and relocates European Headquarters to Munich

Steelcase Werndl AG, a subsidiary of the American office furniture manufacturer Steelcase, will rena

Wednesday 5 July 2017 Herman Miller Reports Fourth Quarter Fiscal 2017 Results

NOTE: A data supplement with additional financial information relating to the periods covered by thi

Monday 3 July 2017 Furniture maker is one of nation's most 'community-minded' companies

A national nonprofit that connects volunteers to social justice causes has named a local furniture m

Friday 23 June 2017 Trump 'has spent $133,000 on White House furnishings in his first five months in office

President Donald Trump has spent more taxpayer funds on White House furnishings in the first five mo

Contact Us

JSA Consultancy Services
4-5 Gray’s Inn Square, Gray’s Inn,
London, WC1R 5AH, England


+44 (0) 20 7670 1510