Furniture mkt on
high hybrid alert!
Corp office recovery soft.
Strong WFH demand slows
Furniture Market Review Q4'22: Covid crushed the corporate furniture market. Leading makers reported -30% demand declines, still nwell below 2019 norm. Meanwhile, WFH suppliers like Amazon, Wayfair, DWR (MillerKnoll) exploded with record revenues, now normalizing. We review leaders and new hybrid work developments accelerating the worklife confluence, wellness & ergonomics movement e.g. Fellowes
