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

Office Furniture Market, by Material Type (Metal, Wood, Plastic and Others), by Product Type (Storage Units, Seating, Desks & Tables, Workstation, and Accessories), by Price Range (Premium, Economic and Medium), by End User (Corporate Offices, Government Offices and Others), by Distribution Channel(Online and Offline), by Region (North America, Europe, Asia-pacific, Latin America, Middle East & Africa)- Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

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. Moreover, factors such as increased corporate enterprise and office spaces across the globe also supports the market growth. The rising use of recyclable materials in manufacturing office furniture is another prominent trend among the market players. In November 2021, according to a survey conducted by the Centre for Industrial Studies (CSIL) on office furniture manufacturers, totally recyclable products accounted for around 32% of office total furniture supply; partially recyclable products accounted for 45%; and non-recyclable products covered 23% of the total.

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 an in-depth analysis of global office furniture market, and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022-2030), 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 products 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 Function 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 Vaccine Storage and Packaging Market, By Region:
• North America

U.S.

Canada

• Europe

U.K.

Italy

France

Germany

Spain

Russia

Rest of Europe

• Asia Pacific

China

India

Japan

ASEAN

Australia

Rest of Asia Pacific

• Latin America

Brazil

Argentina

Mexico

Rest of Latin America

• Middle East & Africa

Middle East

Africa

• Company Profiles
• Knoll *

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.