Office Furniture Market Expected to Behold a CAGR of 7% during 2019 - 2029

Posted by Jack Martin on December 19th, 2019

The global office furniture market is expected to create ~ US$ 22 Billion worth of incremental opportunity over the forecast period. Since the last two decades, the number of small, micro, and medium-sized enterprises has increased drastically in developed and developing countries. However, the office furniture market is highly fragmented and manufacturers’ efforts for organizing the industry have supported the global supply chain rigorously. With this, consumers are exposed to a wide range of office furniture to choose either from a retail store or through an online platform. Fact.MR found that the office furniture market is expected to grow with ~ 7% CAGR in the forecast period.

The global Office Furniture Market study presents an all in all compilation of the historical, current and future outlook of the Market as well as the factors responsible for such a growth. With SWOT analysis, the business study highlights the strengths, weaknesses, opportunities and threats of each Office Furniture Market player in a comprehensive way. Further, the Office Furniture Market report emphasizes the adoption pattern of the Office Furniture across various industries.

The Office Furniture Market report highlights the following players:

Inaba Seisakusho Co. Ltd., Herman Miller Inc., Itoki Corp., Steelcase Inc., Knoll Inc., Kokuyo Co. Ltd., HNI Corporation, Fursys inc., Uchida Yoko Global Ltd., Inter IKEA Systems B.V., Okamura Corp., Aurora Corporation, UE Furniture Co., Teknion Corp., Haworth, Inc.

The Office Furniture Market report examines the operating pattern of each player – new product launches, partnerships, and acquisitions – has been examined in detail.

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Important regions covered in the Office Furniture Market report include:

• North America (U.S., Canada)
• Latin America (Brazil, Mexico, Argentina, Rest of Latin America)
• Europe (Germany, Italy, France, U.K., Spain, Benelux, Russia, Rest of Europe)
• East Asia (China, Japan, South Korea)
• Japan
• APEJ (China, India, Indonesia, Thailand, Singapore, Australia & New Zealand, Rest of Asia Pacific)
• South Asia & Oceania (India, Thailand, Indonesia, Malaysia, Australia & New Zealand, Rest of South Asia & Oceania)
• Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa, Rest of Middle East & Africa)

Office Furniture Market Segments

On the basis of product, the Office Furniture market study consists of

• Office Chairs
• Office Tables
• Storage Furniture
• Office Systems Furniture
• Reception Furniture
• Other Product Types

On the basis of Sales Channel, the Office Furniture market study incorporates:

• Retail Stores
• Direct to Consumer
• Manufacturer Stores
• E-commerce Stores
• Discount Stores
• Rental Stores
• Other Sales Channels

The Office Furniture Market report offers a plethora of insights which include:

• Changing consumption pattern among individuals globally.
• Historical and future progress of the global Office Furniture Market.
• Region-wise and country-wise segmentation of the Office Furniture Market to understand the revenue, and growth lookout in these areas.
• Accurate Year-on-Year growth of the global Office Furniture Market.
• Important trends, including proprietary technologies, ecological conservation, and globalization affecting the global Office Furniture Market.

The Office Furniture Market report answers important questions which include:

• Which regulatory authorities have granted approval to the application of Office Furniture in xx industry?
• How will the global Office Furniture Market grow over the forecast period?
• Which end use industry is set to become the leading consumer of Office Furniture by 2029?
• What manufacturing techniques are involved in the production of the Office Furniture?
• Which regions are the Office Furniture Market players targeting to channelize their production portfolio?

The Office Furniture Market report considers the following years to predict the Market growth:

• Historic Year: 2014 - 2018
• Base Year: 2014
• Estimated Year: 2019
• Forecast Year: 2019 – 2029

Why Choose Fact.MR?

Fact.MR follows a multi- disciplinary approach to extract information about various industries. Our analysts perform thorough primary and secondary research to gather data associated with the Market. With modern industrial and digitalization tools, we provide avant-garde business ideas to our clients. We address clients living in across parts of the world with our 24/7 service availability.