Asia Pacific Office Furniture Market – Size, Outlook, Trends and Forecast (2024 – 2032)

Published : 30 Aug 2024
Report Type : Regional

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Home > Reports > Appliances > Consumer Goods And Services > Asia Pacific Office Furniture Market – Size, Outlook, Trends and Forecast (2024 – 2032)
Asia Pacific Office Furniture Market - Size
Study Period
2018 - 2030
Base Year For Estimation
2023
Forecast Data Period
2024-2030
Historical Data Period
2018-2021
CAGR
7 %
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

Office furniture is the one type preferable for office purposes like a cabinet meeting, desks for placing machines or devices and It can be made from wood, plastic, metal, and others. These are smooth instead of clustery with lightweight movable, adjust and folding can take place with advanced technology gives space. Office furniture is used with great designs and shapes is necessary for a business to project a right image in front of clients. Furniture comes under a wide variety of styles, designs with a flat surface. So that modern office furniture is designed in lightweight, clean and graceful entirely varies from old type of furniture.

Asia Pacific Office Furniture Market Size & Growth:

Office furniture market stood at $XX Billion during 2017, and regarding CAGR it is projected to the growth of XX% and will reach $XX billion by 2025. Office furnitures are evolving with new designs and styles attractively, convince & comfort to consumers, the demand for branded furnishing has increased and an increase of companies from this region driving the Asia Pacific office furniture market size.

 The global office furniture market growth in future will arrive by growing demand for eco – friendly furniture, modern & luxury furniture, hotels & restaurants, raw materials from suppliers, reduction of high-cost transportation to manufacturers.

Asia Pacific Office Furniture Market - Growth
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
Innovation in office furniture depending on requirements from users make it difficult to reach the product lines are the global office furniture market opportunity analysis.

Asia Pacific Office Furniture Market Share:

APAC office furniture market segments are categorised into by type, by component used and by geography. By type, the market is slotted into office chairs, storage cabinets, office tables, office furnishing. All the accessories from the type hold significant development in the office furniture market due to the rise of workspaces and employment. Workspaces always look forward to attracting the incoming people with latest designs of office furniture.

Regarding materials used, the market is segmented into wood, plastic, metal & others.  Wood holds the highest market share in office furniture market. Additionally, plastic is preferable over the forecast period due to the rising issues of society regarding deforestation for preparing furniture. Consumers and manufacturers are trying to adopt innovative designs for office furniture goods.

Concerning geography, Asia Pacific market is classified into China, India, Japan, South Korea, Australia, New Zealand & others. China and India are the dominant countries in the APAC region with an increase of constructions for office etc. are some of the reasons for driving the market growth.

APAC Office Furniture Market Trends:

  • On June 12, 2017, Herman Miller launches products

You can also purchase parts of this report. Do you want to check out a section wise price list

Asia Pacific Office Furniture Market - Porter's Five Force Analysis
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
for higher performing environments.
  • On December 05, 2017 Godrej and Boyce launched new home furniture brand script.
  • Asia Pacific Office Furniture Market Research Report:

    • An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
    • To have a complete market analysis through industry value chain analysisPorter’s fivePESTLESWOT analysis, and Y-o-Y analysis.
    • Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on YearOnYear
    • Identifying DROC in the current market and their impact on altering the market dynamics.
    • Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial analysis with significant competitors.
    • Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
    • Identify the latest developments, market shares and strategies that are employed by the major market players, such as
      • Herman Miller
      • Godrej and Boyce
      • HOF Furniture
      • Steelcase
      • Kannarps
      • Global Group
      • Knoll Inc.

    Along with these companies, there were many other companies considered in the report while analysing the Asia Pacific office furniture market. These companies hold substantial share-owning to the nature of the industry whereas the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and stable customer base.

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