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Office Furniture Market Size, Unlocking Growth Opportunities and Forecast for 2024-2033

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Mrunalini Mane
Office Furniture Market Size, Unlocking Growth Opportunities and Forecast for 2024-2033

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:

1.      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.

2.      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.

3.      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.

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Market Type Analysis

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.

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.

Market Segmental Analysis 

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

 

By Type

Office Chairs

Office Tables

Storage Furniture

Office Systems Furniture

Reception Furniture

Others

 

By Material

Wood

Steel

Others

 

By Price

Mass

Premium

 

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.      What are the key drivers in the market?

3.      Which are the upcoming countries within the Office Furniture market?

4.      Who are the key competitors of market Players?


About We Market Research:

WE MARKET RESEARCH is an established market analytics and research firm with a domain experience sprawling across different industries. We have been working on multi-county market studies right from our inception. Over the time, from our existence, we have gained laurels for our deep rooted market studies and insightful analysis of different markets.

Our strategic market analysis and capability to comprehend deep cultural, conceptual and social aspects of various tangled markets has helped us make a mark for ourselves in the industry. WE MARKET RESEARCH is a frontrunner in helping numerous companies; both regional and international to successfully achieve their business goals based on our in-depth market analysis. Moreover, we are also capable of devising market strategies that ensure guaranteed customer bases for our clients.


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Mr. Robbin Joseph

Corporate Sales, USA

We Market Research

USA: +1-724-618-3925

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