Wednesday, April 17, 2024

Email id:, Contact Us : +91-9871552944

Home Manufacturing And Construction China Flexible Workspace Market Outlook to 2025: Ken Research

China Flexible Workspace Market Outlook to 2025: Ken Research

The report titled, “China Flexible Workspace Market Outlook to 2025 – Driven by Rise in Co-working Supply and Shift towards Non-Rental Revenue (Concierge, Accounting, HR, payroll and Task Management services)” provides a comprehensive analysis of the Flexible Workspace Market in China. The Report covers the pain points, the need, Supply and Demand Analysis along with Revenue streams, Value Chain and Key Industry Trends. The report also focuses extensively on the Competition Scenario in the country and concludes with Future Scenario and analyst recommendations highlighting the key opportunities in the future.

China Flexible Workspace Overview and Size

High occupancy cost for Prime Office Space, an Increase in the number of business entities and fluid business strategies led to the emergence of a flexible workspace market in China. Flexible Workspace operators in China have been constantly focusing on inorganic growth through acquisitions of smaller operators and businesses. This trend is slowly changing and there is an increase in focus on sustainability and profitability. The supply in China Flexible Space market has been growing at a double-digit CAGR by space during the period 2016-2019. The market has been growing with the competition being highly fragmented owing to the presence of more than 1500 co-working operators in the industry.

China Flexible Workspace Market Segmentation

By Type of Flexible Workspace (Hybrid or Integrated Spaces, Serviced Spaces and Co-Working Spaces)

China flexible workspace industry is highly fragmented and the presence of small operators have driven the supply of co-working segment whereas serviced spaces and the hybrid model is majorly built by bigger players such as WeWork (Enterprise Solution), Atlas Workspace (Office as a Service) and other players.

By City (Shanghai, Beijing, Shenzhen, Hong Kong, Chengdu, Guangzhou and Rest of China)

Shanghai dominates the China flexible workspace market in terms of overall supply. Beijing, Chengdu and Guangzhou has been growing at the fastest pace due to the emergence of localized players. Since, the industry is at its nascent stage in Chengdu, Hong Kong and Guangzhou the average occupancy is lower in these cities.

By Type of End Users (Enterprise, MSME’s/Start-Ups and Freelancers / Self Employed)

Changing the workforce and evolving business strategy has resulted in an increase in demand for flexible workspaces. Enterprises are leading the demand for a flexible workspace industry followed by MSME’s/Start-ups and Freelancers/Entrepreneurs. Enterprises are following the ‘hub and spoke’ model wherein the corporate head office acts as a hub and flexible workspaces act as spokes.

Competitive Landscape in China Flexible Workspace Market

Regus, WeWork, MyDreamPlus, Distrii, Kr Space, SOHO 3Q, The Executive Centre, People Squared, Atlas Workspace, Servoffice, Compass Office are few of the major players in the industry. The industry is moving towards market consolidation as players such as Ucommune and WeWork with heavy financial backing are taking over small operators. The companies are shifting their focus from rental to non-rental revenue streams.

China Flexible Workspace Market Future Outlook and Projection

In future, it is anticipated that the China Flexible Workspace industry will experience decreasing supply-demand gap as the demand is expected to grow at a much faster pace in comparison to the supply. Companies will gradually shift focus from regional expansion towards sustainability and profitability. The companies will also increase focus towards improving the occupancy rate of the co-working spaces in the industry. Technological development and the provision of value-added services will drive the demand for flexible workspaces in China.

Key Segments Covered:-

By Type of Flexible Workspace

Serviced Spaces

Hybrid Spaces

Co-Working Spaces

By City




Hong Kong



By End Users


MSME’s/Start Ups


Key Target Audience

Flexible Workspace Operators

Office Brokers/Aggregators

Commercial Real Estate Companies

Venture Capitalist and PE Firms

Real Estate Consultant

Office Furniture Providers

ICT Providers

Time Period Captured in the Report:

Historical Period – 2016-2019

Forecast Period – 2019-2025

Companies Covered in the Report:

Flexible Workspace Operators






Kr Space


The Executive Centre

People Squared

Compass Office


Atlas Workspace

Key Topics Covered in the Report:-

Need and Pain Points Leading to Emergence of Flexible Workspace Industry in China

Existing Gaps in China Flexible Workspace Market

Value Chain Analysis

Emerging Business Model

Revenue Streams

Organizational Structure of Flexible Workspaces

Marketing Strategies

Supply-Demand Analysis and Supply-Demand Gap Analysis, 2016-2019

Competitive Landscape in China Flexible Workspace Market

Supply-Demand Analysis and Supply-Demand Gap Analysis, 2019-2025F

Success Case Study

Analyst Recommendation

For More Information, Refer To Below Link:-

China Flexible Workspace Market Outlook

Related Reports by Ken Research:-

India Flexible Workspace Market Outlook to 2025- By Type (Hybrid Spaces, Serviced Spaces and Co-Working Spaces), By City (Bangalore, Mumbai, Delhi NCR, Pune and Hyderabad) and By End Users (Enterprises, MSME’s/Start-Ups and Entrepreneurs/Freelancers)

Vietnam Real Estate Market Outlook to 2025 – By Office Real Estate Market (Grade A, Grade B and Grade C); By Retail Real Estate Market (Retail Podiums, District Centers and Shopping Centers); By Residential Real Estate Market (Apartment, Villas, Condominiums and Others) and By Hotel Real Estate Market (3 Star, 4 Star, 5 Star and Other Hotels)

UAE Real Estate Market Outlook to 2025 – By Office Real Estate Market (Premium, Grade A and Grade B); By Retail Real Estate Market (Super-Regional Malls, Regional Malls, Community Centers, Neighborhood Center and Convenience Center); By Residential Real Estate Market (Apartment and Villas) and By Hotel Real Estate Market (1-3 Star, 4 Star, 5 Star and Hotel-Apartments)

Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications


Engineering Efficiency: A Look at Key Players in the $52.3 Billion Industrial Engineering Market

The world runs on efficiency, and behind the scenes, smooth-operating factories and streamlined production lines stand the heroes of optimization: industrial engineers. As a...

Optimizing the Future: The Rise of the $2.04 Trillion Engineering Service Industry

The industrial engineering market plays a vital role in driving efficiency and productivity across various industries. As an integral part of the broader engineering...

The Rise of Modular Construction in a Dynamic Market

In the ever-evolving landscape of the construction industry, modular construction has emerged as a game-changer, promising efficiency, cost-effectiveness, and sustainable solutions. As business heads...

Most Popular

Mastering TNEB Online Payment: Expert Tips for Efficiency and Convenience

In today's fast-paced world, where convenience and efficiency are paramount, mastering TNEB online payment can significantly streamline your monthly electricity bill payment process. With...

Dietary Supplements Market: Size, Segmentation and Future Outlook

Dietary supplements, those concentrated sources of nutrients, have become a staple in many households globally. Whether it's filling nutritional gaps or targeting specific health...

Why You Should Choose the Best Credit Card in India for Your Financial Goals

In today's world, the use of credit cards has become an integral part of our lives. Whether it is for making everyday purchases or...

Investors Guide to the Manufacturing Plant Market Trends, Challenges & Opportunities

The global manufacturing industry is undergoing a metamorphosis, driven by automation, digitalization, and a growing emphasis on sustainability.  At the heart of this transformation...