Global Office Furniture Market – Size, Outlook, Trends and Forecast (2024

Global 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

Furniture is a movable object used to hold objects and support various human activities. These are made into different types like sofa, beds etc. 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 etc. Various shapes with a vast range of sizes from small to large conference tables. Furniture comes under a wide variety of styles, designs with a flat surface.

Global Office Furniture Market Size & Growth:

Office furniture market stood at $xx Billion during 2017, and regarding CAGR it is projected to the growth of xxx % and will reach $XX billion by 2025. Office furniture’s 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 various regions driving the global 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. 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.

Global Office Furniture Market Share:

Global office furniture market segments are categorised into by type, by component used

Global 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

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, the market is sorted into North America, South America, Europe, APAC, and Middle East & Africa. North America holds the most significant share of the office furniture market because of this region manufacture furniture from recycled materials without affecting the environment. Increase in construction activities and rise in office spaces can adapt fresh design themes. In Asia-Pacific region, India and China are dominant regions with global office furniture market size worth is 4% greater than previous years due to an increase of online furniture retail store, Establishment of top companies to hire employees for standard innovative technologies. China office furniture is dominant with plastic material but trendy designs with their migrating lifestyles in the

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Global 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

global big data market forecast period from 2019-2025.

According to global office furniture market research, a German office furniture brand launched the In chair which helps to increase regular motion during work hours and significant companies are intended to come up with innovative measures for the cost-effective product.

Global Office Furniture Market Trends:

On June 12, 2017, Herman Miller launches products for higher performing environments.
On December 05, 2017 Godrej and Boyce launched new home furniture brand script.
On November 24, 2017, HNI launched the IN chair which is a leading global office furniture company.

Global 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 analysis, Porter’s five, PESTLE, SWOT analysis, and Y-o-Y analysis.
Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year–On–Year
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
Kokuyo
Steelcase
Berco Furniture Solution
Creative Wood
Stellar Global Furniture
Kimball International
Meridian Office Group
Technion
Wipro Furniture
Sedus
Kinnarps
HOF Furniture
HNI

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