The Contract Furniture Industry business is improving post-pandemic. The market size was valued at $45 Billion in 2022 and is expected to expand at a compound annual growth rate of 5 - 6%, reaching $60B million by 2028. Government, education and health sectors are currently leading the way and SourceBlue has seen aviation projects picking up speed as well. Geographically, the South and Midwest have the strongest occurrence of projects.

SUSTAINABILITY
Impact on the environment is becoming an even larger consumer concern in the coming years and the furniture industry is responding. From sourcing materials to the treatment of workers to the final stages of production, many brands are focusing heavily on developing sustainable furniture products from start to finish.

COLLABORATION
Flexible design continues to be a leading trend in office space design with adaptive workplace layouts. Spaces are designed to be versatile, creating zones to support different work styles in their open and modular layouts. Flexible workstations (which can be rearranged to suit different situations), adaptable technology infrastructures (so devices can easily be connected to the networks), mobile/remote work support (such as video conferencing facilities), versatile meeting spaces (from boardrooms to huddle rooms) and multi-functional common areas (that can be used for team meetings, events and social gatherings) are outnumbering private offices and workstations.

TECHNOLOGICAL ADVANCEMENTS
The integration of modern technology in office spaces continues to evolve, with features like smart lockers and meeting pods becoming more popular. These technological advancements cater to the needs of today›s hybrid workforces and foster efficient communication and collaboration.

DIVERSITY AND INCLUSION
Creating inclusive environments that celebrate diversity is a priority in office design, which in turn influences the office furniture industry.

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