Europe Home Office Furniture Market Forecast 2022-2030

Europe Home Office Furniture Market Forecast 2022-2030

KEY FINDINGS

The Europe home office furniture market is set to record a CAGR of 6.48% during the forecast period, 2022-2030. European businesses are increasingly facilitating work-from-home models for employees, given their effective results and flexibility. Accordingly, home office sets have become a necessity, with target clients including IT managers, financial analysts, accountants, and executives.

MARKET INSIGHTS

France, Italy, Spain, Belgium, Germany, Poland, the United Kingdom, and Rest of Europe are assessed for the Europe home office furniture market growth evaluation. In France, the rising disposable incomes and the growing need for office furniture are the primary factors driving the market growth. Also, the increasing urbanization and the surging number of people working from home raise market demand for office furnishings. Besides, the market growth is attributed to increased investments in the furniture sector.

In Italy, the increasing use of ergonomic office furniture and the growing workplace renovation activities propel market growth. Additionally, more domestic companies are launching innovative home office furniture with fresh designs, thereby increasing the competitive rivalry. This further facilitates the entry of key vendors into the market. Also, the country's home office furniture range from full furnishing packages to comfy accessories and seats that enable customized workspace creation.

In countries like Belgium, many companies are providing ergonomic office chairs and furniture. This is attributed to the work-from-home trend enabled by the pandemic's impact. Teleworking is increasingly adopted, with over 20% of Belgians working from home. Such factors drive market growth prospects in these countries.

COMPETITIVE INSIGHTS

Some of the eminent companies in the market include IKEA, Herman Miller Inc, Flexsteel, Ashley Furniture Industries, etc.

Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation cater to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments