With a linear growth pattern, the Office
Furniture Market is expected to reach a value of USD 82,042.6 million in
2023 and increase at a compound annual growth rate (CAGR) of 6.2% from 2023 to
2033, when it is expected to reach USD 158,877.6 million.
A desk is a necessary element of every workplace
environment. They give workers a surface to work on, a location to set up their
computers, and a place to keep important paperwork and office supplies.
Executive desks, computer desks, standing desks, and modular desks are examples
of common desk types.
There Are Some Key Findings From Office Furniture Market
Consumer Surveys Conducted:
·
Office furniture that is ergonomic, fashionable,
and comfy is becoming more and more in demand. According to the poll, 80% of
customers believe that comfort and ergonomics are crucial considerations when
selecting workplace furniture. Furthermore, 60% of customers stated that style
is a significant consideration.
·
Customers are prepared to spend more for
superior office furniture. According to the survey, seventy percent of
consumers are willing to spend more for durable, high-quality office furniture.
·
Online shops have a higher likelihood of selling
office furniture to consumers than physical locations. According to the poll,
60% of customers would rather buy office furniture online. This is probably
because online retailers offer a greater selection and convenience of products.
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Market Type Analysis
The office chairs segment is expected to account for around
40% of the market share of the office furniture market by type during the
forecast period, followed by the office tables segment. The storage furniture
segment is expected to be the fastest-growing segment during the forecast
period.
Office chairs are an essential piece of office furniture,
and they are in high demand due to the increasing focus on employee ergonomics
and comfort. Office tables are also a popular piece of office furniture, and
they are in high demand due to the increasing need for flexible and
collaborative workspaces. Storage furniture is in high demand due to the need
to store office supplies and other items.
Market Segmental Analysis
By Type
·
Office Chairs
·
Office Tables
·
Storage Furniture
·
Office Systems Furniture
·
Reception Furniture
·
Others
By Material
·
Wood
·
Steel
·
Others
By Price
·
Mass
·
Premium
By Distribution Channel
·
Supermarket/Hypermarket
·
Specialty Stores
·
Online Stores
·
Others
By End-Use
·
Enterprise
·
Hospitals
·
Schools
·
Others
Country Scope
U.S.; Canada; U.K.; Germany; France; Italy; Spain; Benelux;
Nordic Countries; Russia; China; India; Japan; South Korea; Australia;
Indonesia; Thailand; Mexico; Brazil; Argentina; Saudi Arabia; UAE; Egypt; South
Africa; Nigeria
Market Competitive Outlook
Okamura Corporation, HNI Corporation, Herman Miller Inc., Haworth Inc.,
Global Furniture Group, Steelcase Inc., Knoll Inc., Kimball International, 9to5
Seating, KOKUYO Co. Ltd, Haier Inc., Howden Joinery Ltd., Inter IKEA Systems
B.V., Godrej Interio, Bulthaup GmbH & Co KG among others
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Frequently Asked Questions
1.
What is the Global Office Furniture market
value?
2.
Which are the upcoming countries within the
Office Furniture market?
3.
Who are the key competitors of market Players?
4.
What are the key drivers in the market?
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Market Research:
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