Contract Furniture and Furnishing Market Size- By Type, By End User, By Distribution Channel- Regional Outlook, Competitive Strategies and Segment Forecast to 2032
Global Contract Furniture and Furnishing Market Overview
According to SPER Market Research, the Global Contract Furniture and Furnishing Market is estimated to reach USD 235.6 billion by 2032 with a CAGR of 5.33%. The term contract furniture and furnishing refers to goods made especially for use in workplaces including offices, hotels, restaurants, and healthcare facilities. These goods are distinguished by their sturdiness, usefulness, and aesthetic appeal, making them perfect for regions with a lot of foot traffic and frequent use. The market for contract furniture and furnishings is boosted by trends including the increased popularity of eco-friendly and sustainable items, the expanding need for contemporary, ergonomic office furniture, and open-plan workplaces.
Impact of COVID-19 on the Global Contract Furniture and Furnishing MarketThe market for contract furnishings has been significantly impacted by the COVID-19 outbreak. The market for contract furniture and furnishing goods has drastically decreased as a result of the widespread closures of offices, hotels, restaurants, and other commercial facilities. Production and distribution of goods have also been delayed as a result of supply chain disruptions and industrial closures. The need for contract furniture and furnishing items has, however, gradually increased as firms all over the world have started to reopen.
Scope of the Report:Report Metric Details
Market size available for years 2019-2032
Base year considered 2021
Forecast period 2022-2032
Segments coveredBy Type, By End User, By Distribution Channel
Regions coveredAsia-Pacific, Europe, Middle East and Africa, North America, Latin America
Companies CoveredAhrend, Fourfront Group, Franke Water Systems, HMY, Humanscale International Holdings Ltd., Input Interior, ISG, Sitraben Contract Furniture Ltd., Stamhuis Group, Steelcase Inc., Umdasch Shop Fitting Group, Vitra
Global Contract Furniture and Furnishing Market Segmentation:By End User:Based on the End User, Global Contract Furniture and Furnishing Market is segmented as; Airports, Corporate Office, Hospitals, Hospitality & Food Services, Institutions, Schools.
By Distribution Channel:Based on the Distribution Channel, Global Contract Furniture and Furnishing Market is segmented as; Company-Owned Website, E-commerce Website, Furniture Marts, Office, Online, Specialty Stores, Other Retail Based.
By Region:Here is a brief overview of the growth of the global contract furniture and furnishing market by region: North America, Europe, Asia Pacific, Latin America, Middle East