Steelcase Inc. Common Stock (SCS)

Competitors to Steelcase Inc. Common Stock (SCS)

Global Industrial 

Global Industrial functions as a supplier of a wide array of industrial and office products, competing on the basis of cost-effectiveness and product variety rather than design innovation. While Steelcase focuses on high-end office furniture with an emphasis on employee well-being and productivity, Global Industrial appeals to businesses looking for economical and functional solutions. This significant price differential offers Global Industrial a competitive advantage in budget-sensitive markets, but Steelcase maintains leadership through its emphasis on a holistic approach to workspace design.

Haworth, Inc.

Haworth is a privately held company that competes directly with Steelcase in the office furniture market. Offering a broad range of products including seating, desks, and collaborative furniture solutions, Haworth emphasizes sustainability and workspace adaptability in its design philosophy. The company also has a strong international presence, akin to Steelcase, enabling it to serve global clients effectively. Their competitive advantage often lies in customized solutions that cater to specific client needs, complementing Steelcase's more standardized offerings.

Herman Miller, Inc.

Herman Miller and Steelcase are both prominent players in the office furniture and workspace solutions industry. Herman Miller is known for its innovative design, strong emphasis on ergonomics, and a reputation for high-quality seating solutions. Both companies target similar customer segments, including businesses seeking modern and functional office environments. Herman Miller often competes by leveraging its design heritage, creating iconic products that appeal to customers looking for aesthetically pleasing yet functional furniture, which positions it favorably against Steelcase's more utilitarian approach.

KI

KI operates in the education and healthcare furniture markets while also providing solutions for corporate environments, positioning itself as a versatile competitor to Steelcase. KI focuses on building tailored solutions for specific markets, which allows it to carve out niches where it can thrive against broader competitors like Steelcase. Although KI has a strong reputation for quality and customer service, it generally lacks the extensive reach and brand recognition of Steelcase, which becomes a competitive drawback, making Steelcase the leading entity.

Knoll, Inc.

Knoll, Inc. specializes in modern design furniture, bringing an aesthetic edge to the office space similar to Steelcase. While Knoll focuses heavily on contemporary design and collaborative environments, Steelcase tends to provide comprehensive workplace solutions that prioritize productivity and ergonomics. The companies compete fiercely with each other for segment share, particularly in the higher-end office design space, where Knoll's design reputation can attract customers looking for style over functionality. Steelcase's broad product line and innovative approach to workspace design, however, continue to give it an edge in total solutions offered.