APNFURNITURE.PK EXCLUSIVE MARKET REPORT: OFFICE CHAIRS REMAIN MODERATELY IN DEMAND IN OCTOBER 2018
With many businesses opening new branches, startups setting up their new offices, co-working spaces touching the new heights of success, and freelancers taking on new projects, there is always a good demand for office chairs across Pakistan, especially in Lahore, Karachi and Islamabad.
This exclusive market report by Apnafurniture.pk (Pakistan’s No.1 furniture website) portrays how the office chairs market fared during the month of October 2018 – in terms of demand and popularity.
Note: All data has been meticulously gathered by Apnafurniture.pk from different authentic sources. Read on to find out the trends registered by the furniture market for office chairs.
Q1 Popularity Index
The first quarter of October 2018 saw a plethora of ups and downs for office chairs demand in Pakistan. According to the 100-point popularity index, average popularity score for office chairs was 37, which clearly portrays that the demand for office chairs remained less-than-moderate in the said quarter. High demand was seen on October 3rd and 4th, while the demand bar touched bare minimum on October 5th.
Q2 Popularity Index
The second quarter of October 2018 remained even more discordant in terms of demand for office chairs in Pakistan. According to our research, the demand was 18.24% less in Q2, as compared to that in Q1. On the popularity index of 100, the popularity of office chairs was 30.25 in this quarter.
Q3 Popularity Index
Q3 registered slightly better trends as compared to Q2. The demand for office chairs in Q2 increased 3.31% and 31.25 was index score in the third quarter. Where there was a rising trend in demand on October 18th and 19th, sluggish demand was the order of the day on October 20.
Q4 Popularity Index
The last quarter was the best performer in terms of office chairs demand. According to our data, the demand remained was 54.51% higher in the 4th quarter, as compared to that in Q3. Even the popularity index showed a better score of 48.28 in this quarter.
The graph below shows the demand for office chairs in Pakistan in October 2018.
“Office chairs are not just furniture items, but are good commodities for investment. Those who had managed their stocks well before the dollar price took hike, were able to pocket sizeable profits in the month of October,” said Apnafurniture.pk Chief Executive Officer Shahzad Ali.
“Although the government is trying to curtail the import of furniture, the demand for imported office chairs still remains high in the country,” Ali added.
Let’s see how the office chair demand trends unwind in the month of November 2018. Should you have anything worthwhile to add to the information we have provided in our report, please feel free to do so in the comments section below.
Wednesday,December 05, 2018
Sunday,December 02, 2018
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Saturday,November 05, 2016
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