Contract Furniture Sales
The contract furniture sales market is projected to observe noticeable growth by 2032. The corporate/office end-use segment is a key driver for this market.
Contract furniture is different from residential furniture in that it is typically designed to withstand more wear and tear. It also often uses higher-quality materials and construction techniques.
High Quality
When it comes to contract furniture sales, the most important factor is quality. This means that the furniture must be able to stand up to repeated use and heavy traffic without becoming worn or damaged. It should also be functional and comfortable. It is important to find a dealer who understands the diverse needs of different businesses and can tailor their products accordingly.
Unlike domestic furniture, contract furniture is built to higher standards and undergoes rigorous testing and certification processes. The high-quality materials used in the furniture can withstand a lot of wear and tear, making it a great choice for busy commercial spaces. In addition, contract furniture is often covered by longer warranties than other commercial furniture.
Contract furniture sales are a vital part of any commercial business, and the right furniture can set you apart from the competition. Choosing the best chairs and tables for your customers can help you establish a professional image and attract more business. The right contract furniture can be a great investment, and it will last for years.
As with any type of product, furniture companies must update their online catalogs to meet the demands of consumers. During the pandemic, many shoppers shopped online instead of visiting physical stores, which posed a significant challenge to most contract furniture dealers. These dealers must upgrade their websites to improve customer experience, and add more products.
Durability
Contract furniture must be durable enough to withstand the demands of heavy use and repeated exposure to a large number of people. Moreover, the furniture must be multifunctional, comfortable and aesthetically pleasing. Unlike furniture for homes, contract-grade items are designed to meet the specific needs of businesses, hospitals, schools and restaurants. These pieces are made from high-quality materials and undergo rigorous testing to ensure that they will last longer. While they may be more expensive than normal store-bought furniture, they will save the business money in the long run by being able to resist constant usage and heavy wear and tear.
Moreover, contract furniture is often more ergonomic than regular furniture. This helps employees work and stay more productive. It is also contract furniture sales a good choice for retail establishments like malls because it promotes interaction between customers and enhances their shopping experience. Besides, it can help create a sense of stability and safety in the workplace.
Currently, most contract furniture companies rely on manual accounting processes, which are difficult to scale and susceptible to human error. Furthermore, they have outdated back-office infrastructure that hampers their productivity and sales capabilities. These antiquated systems may negatively impact the contract furniture market in 2023-2032. However, increasing strategic exchanges among industry players and expanding mergers and acquisition opportunities will boost the overall market outlook.
Affordability
Contract furniture can be more expensive than regular retail furnishings. However, the quality and longevity of this type of furniture makes it a wise investment. Moreover, it goes through rigorous testing and manufacturing processes and is covered by a longer warranty. In addition, these furnishings can improve a company’s productivity and employee satisfaction.
However, most contract furniture companies rely on antiquated back-office infrastructure and manual accounting processes to track sales data and expenses. These processes are difficult to scale and often result in human errors. This may impact the industry’s growth over 2023-2032.
Another factor influencing the contract furniture market is the increasing need for operational spaces. Businesses are now hiring more employees and investing in office upgrades to accommodate the increased work load. This is driving the demand for furniture and equipment across the world.
Moreover, the growing need for ergonomic furniture is likely to drive industry revenue. This is due to the growing awareness of health issues caused by poor posture and work conditions. Several organizations have been adopting ergonomic furniture to address these issues. Consequently, the contract furniture market is expected to grow at a high CAGR. The Asia Pacific region led the market in 2022 with a share of more than 35%. It is mainly due to the rising construction of offices and corporate buildings in this region.
Customization
Contract furniture is designed with specific needs in mind hospitality furniture manufacturing for commercial spaces like offices, hotels and restaurants. It is unique in that it blends design and functionality with durability and customization.
It is important to note that unlike residential furniture, contract furniture is designed for business use and requires higher durability standards. This is because it has to withstand high-traffic use, which often leads to wear and tear. The durability of contract furniture is also influenced by the materials used. This is why the best contract furniture manufacturers utilize innovative technologies such as advanced composites, lightweight metals, and performance fabrics.
While leading furniture brands such as Herman Miller and Steelcase offer highly digitized purchase experiences, many smaller contract furniture dealers still operate on outdated technology. This can make it difficult to stay competitive and deliver the right product experience.
The good news is that there are software solutions available that can help contract furniture companies modernize their business processes. These tools can help reduce time to sale, shorten the sales cycle, and enable sellers to sell from anywhere.
One such tool is Threekit, which provides photorealistic images and interactive 3D experiences that help contract furniture sales teams sell more. It also supports collaborative sourcing, real-time quotes and ordering, and augmented reality capabilities. It also allows users to connect directly with their manufacturer’s catalogs and automatically import and validate models during the quote process.
