Office Furniture Market, by Material (Metal, Wood, Plastic, and Others), by Product Type (Storage Units, Seating, Desks & Tables, Workstation, and Accessories), by Price Range (Premium, Medium, and Economy), by End User (Corporate Offices, Government Offi

Office Furniture Market, by Material (Metal, Wood, Plastic, and Others), by Product Type (Storage Units, Seating, Desks & Tables, Workstation, and Accessories), by Price Range (Premium, Medium, and Economy), by End User (Corporate Offices, Government Offices, and Others), by Distribution Channel (Offline and Online) and by Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Increasing employment rate and rise in demand of office spaces are some of the key factors impelling the growth of the market. Companies and corporates are making significant investments in office space interior designing in order to promote work-friendly and productive environment. Corresponding to the same, smart furniture is also being increasingly used in office spaces to improve the well-being of the employees.
Market Dynamics
The office furniture manufacturers are focusing on developing eco-friendly furniture products by procuring the wood from plantations that have a long-term conservation policy and who grow sustainable plants. For instance, in April 2010, Crate and Barrel, a North American retailer, worked collaboratively with the Tropical Forest Trust for ensuring that the hardwood used for manufacturing furniture is procured from sustainable plantations, which are being managed for long-term conservation.
Moreover, factors such as increased corporate enterprise and office spaces across the globe also supports the market growth. For instance, according to U.S. Census Bureau, in November 2017, the residential office construction in the U.S. grew by 3.4% as compared to -2.8% in December 2016. Also, non-residential office construction expenditure witnessed a growth of 4.2% in 2017.
In order to keep up with demand for office furniture by employees (adopting work from home), vendors are adopting online retail strategies for reducing warehousing and transportation cost, thereby increasing their profit margins. The retailers are also adopting online furniture stores, which has helped them in reducing the cost of rental space and enhance the efficiency of inventory management. Amazon, Wayfair, and Ikea are some of the leading online retailers for office furniture.
Key features of the study:
This report provides in-depth analysis of the global office furniture market, and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global office furniture market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include Knoll Inc., LLC., HNI Corporation, Herman Miller, Inc., Teknion Corporation, Kimball International Inc., Berco Designs, Kokuyo Co., Ltd., Haworth Inc., Okamura Corporation, and Steelcase Inc.
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
The global office furniture market report caters to various stakeholders in this industry including investors, suppliers, office furniture manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global office furniture market
Detailed Segmentation:
Global Office Furniture Market, By Material Type:
Metal
Wood
Plastic
Others
Global Office Furniture Market, By Product Type :
Storage Units
Seating
Desks & Tables
Workstation
Accessories
Global Office Furniture Market, By Price Range:
Premium
Medium
Economy
Global Office Furniture Market, By End User:
Corporate Offices
Government Offices
Others
Global Office Furniture Market, By Distribution Channel:
Online
Offline
Global Office Furniture Market, By Region:
North America
U.S.
By Material Type:
Metal
Wood
Plastic
Others
By Product Type:
Storage Units
Seating
Desks & Tables
Workstation
Accessories
By Price Range:
Premium
Medium
Economy
By End User:
Corporate Offices
Government Offices
Others
By Distribution Channel:
Online
Offline
Canada
By Material Type:
Metal
Wood
Plastic
Others
By Product Type:
Storage Units
Seating
Desks & Tables
Workstation
Accessories
By Price Range:
Premium
Medium
Economy
By End User:
Corporate Offices
Government Offices
Others
By Distribution Channel:
Online
Offline
Europe
U.K.
By Material Type:
Metal
Wood
Plastic
Others
By Product Type:
Storage Units
Seating
Desks & Tables
Workstation
Accessories
By Price Range:
Premium
Medium
Economy
By End User:
Corporate Offices
Government Offices
Others
By Distribution Channel:
Online
Offline
Italy
By Material Type:
Metal
Wood
Plastic
Others
By Product Type:
Storage Units
Seating
Desks & Tables
Workstation
Accessories
By Price Range:
Premium
Medium
Economy
By End User:
Corporate Offices
Government Offices
Others
By Distribution Channel:
Online
Offline
France
By Material Type:
Metal
Wood
Plastic
Others
By Product Type:
Storage Units
Seating
Desks & Tables
Workstation
Accessories
By Price Range:
Premium
Medium
Economy
By End User:
Corporate Offices
Government Offices
Others
By Distribution Channel:
Online
Offline
Germany
By Material Type:
Metal
Wood
Plastic
Others
By Product Type:
Storage Units
Seating
Desks & Tables
Workstation
Accessories
By Price Range:
Premium
Medium
Economy
By End User:
Corporate Offices
Government Offices
Others
By Distribution Channel:
Online
Offline
Spain
By Material Type:
Metal
Wood
Plastic
Others
By Product Type:
Storage Units
Seating
Desks & Tables
Workstation
Accessories
By Price Range:
Premium
Medium
Economy
By End User:
Corporate Offices
Government Offices
Others
By Distribution Channel:
Online
Offline
Russia
By Material Type:
Metal
Wood
Plastic
Others
By Product Type:
Storage Units
Seating
Desks & Tables
Workstation
Accessories
By Price Range:
Premium
Medium
Economy
By End User:
Corporate Offices
Government Offices
Others
By Distribution Channel:
Online
Offline
Rest of Europe
By Material Type:
Metal
Wood
Plastic
Others
By Product Type:
Storage Units
Seating
Desks & Tables
Workstation
Accessories
By Price Range:
Premium
Medium
Economy
By End User:
Corporate Offices
Government Offices
Others
By Distribution Channel:
Online
Offline
Asia Pacific
China
By Material Type:
Metal
Wood
Plastic
Others
By Product Type:
Storage Units
Seating
Desks & Tables
Workstation
Accessories
By Price Range:
Premium
Medium
Economy
By End User:
Corporate Offices
Government Offices
Others
By Distribution Channel:
Online
Offline
India
By Material Type:
Metal
Wood
Plastic
Others
By Product Type:
Storage Units
Seating
Desks & Tables
Workstation
Accessories
By Price Range:
Premium
Medium
Economy
By End User:
Corporate Offices
Government Offices
Others
By Distribution Channel:
Online
Offline
Japan
By Material Type:
Metal
Wood
Plastic
Others
By Product Type:
Storage Units
Seating
Desks & Tables
Workstation
Accessories
By Price Range:
Premium
Medium
Economy
By End User:
Corporate Offices
Government Offices
Others
By Distribution Channel:
Online
Offline
ASEAN
By Material Type:
Metal
Wood
Plastic
Others
By Product Type:
Storage Units
Seating
Desks & Tables
Workstation
Accessories
By Price Range:
Premium
Medium
Economy
By End User:
Corporate Offices
Government Offices
Others
By Distribution Channel:
Online
Offline
Australia
By Material Type:
Metal
Wood
Plastic
Others
By Product Type:
Storage Units
Seating
Desks & Tables
Workstation
Accessories
By Price Range:
Premium
Medium
Economy
By End User:
Corporate Offices
Government Offices
Others
By Distribution Channel:
Online
Offline
Rest of Asia Pacific
By Material Type:
Metal
Wood
Plastic
Others
By Product Type:
Storage Units
Seating
Desks & Tables
Workstation
Accessories
By Price Range:
Premium
Medium
Economy
By End User:
Corporate Offices
Government Offices
Others
By Distribution Channel:
Online
Offline
Latin America
Brazil
By Material Type:
Metal
Wood
Plastic
Others
By Product Type:
Storage Units
Seating
Desks & Tables
Workstation
Accessories
By Price Range:
Premium
Medium
Economy
By End User:
Corporate Offices
Government Offices
Others
By Distribution Channel:
Online
Offline
Argentina
By Material Type:
Metal
Wood
Plastic
Others
By Product Type:
Storage Units
Seating
Desks & Tables
Workstation
Accessories
By Price Range:
Premium
Medium
Economy
By End User:
Corporate Offices
Government Offices
Others
By Distribution Channel:
Online
Offline
Mexico
By Material Type:
Metal
Wood
Plastic
Others
By Product Type:
Storage Units
Seating
Desks & Tables
Workstation
Accessories
By Price Range:
Premium
Medium
Economy
By End User:
Corporate Offices
Government Offices
Others
By Distribution Channel:
Online
Offline
Rest of Latin America
By Material Type:
Metal
Wood
Plastic
Others
By Product Type:
Storage Units
Seating
Desks & Tables
Workstation
Accessories
By Price Range:
Premium
Medium
Economy
By End User:
Corporate Offices
Government Offices
Others
By Distribution Channel:
Online
Offline
Middle East & Africa
Middle East
By Material Type:
Metal
Wood
Plastic
Others
By Product Type:
Storage Units
Seating
Desks & Tables
Workstation
Accessories
By Price Range:
Premium
Medium
Economy
By End User:
Corporate Offices
Government Offices
Others
By Distribution Channel:
Online
Offline
Africa
By Material Type:
Metal
Wood
Plastic
Others
By Product Type:
Storage Units
Seating
Desks & Tables
Workstation
Accessories
By Price Range:
Premium
Medium
Economy
By End User:
Corporate Offices
Government Offices
Others
By Distribution Channel:
Online
Offline
Company Profiles
Knoll Inc. *
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
HNI Corporation
Herman Miller, Inc.
Teknion Corporation
Kimball International Inc.
Berco Designs
Kokuyo Co., Ltd.
Haworth Inc.
Okamura Corporation
Steelcase Inc.
“*” marked represents similar segmentation in other categories in the respective section.