Germany Office Furniture Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

Germany Office Furniture Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

Germany is a key player in the furniture sector at a world level. The industry has been recording a stable upward trend for years. The main growth drivers here were office swivel chairs for health-promoting seating. The most important reason for this is the support of new forms of work through suitable work environments. At the same time, demand for ergonomic equipment for home offices and other workplaces outside of the company locations is increasing.

Key Market TrendsIncrease in Office Spaces is Driving the Market

The growth of the Germany office furniture market is well complemented by rising demand for office spaces coupled with growth of commercial sector. Sectors such as IT and ITeS, consulting, retail and e-commerce are witnessing high demand for office spaces and this growing office spaces will boost the demand for office furniture. Apart from this, expansion of multi-national companies is giving rise to the demand for new office products. Increase in number of start-ups is creating an expanding opportunity for the growth of the office furniture market.

Raising Number of Employees is Driving the Market for Office Furniture

Germany office furniture market is expected to flourish and account for a leading share in office furniture market during the forecast period. The demand for office furniture is increasing due to the rising number of office spaces and employees. Thus, supplementing the growth of the Germany office furniture market during the forecast period. Growing number of various industries and rising number of employees are key factors anticipated to fuel growth of the office furniture market. A rapid growing multinational companies with rise in working population base is resulting into rising penetration of office furniture. Swivel chair segment is expected to occupy the top position in office furniture market. The growing preference for customized furniture to support employee’s comfort and boost their efficiency is expected to have a positive impact on the overall market growth.

Competitive Landscape

The report covers major international players operating in the Germany Office Furniture Market. In terms of market share, some of the major players currently dominate the market. However, with technological advancement and product innovation, mid-size to smaller companies are increasing their market presence by securing new contracts and by tapping new markets.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

Companies Mentioned
 
Vitra
VS
Sedus
Dauphin Group
Wilkhahn Group
Interstuhl
Assmann Buromobel
Topstar GmbH
Brunner Group
Palmberg GmbH

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