Global Industry Analysis, Growth, Size, Share, Trends & Report – FortBendNow

According to the latest report from the IMARC group, entitled “Office Furniture Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” offers a comprehensive industry analysis, which includes insights into the global office furniture market. The report also includes competitor and regional analysis, as well as contemporary advancements in the global market.

The global office furniture market reached a value of US$58.4 billion in 2021. Looking ahead, IMARC Group expects the market to reach US$74.7 billion by 2027, exhibiting at a CAGR of 4.1% during the period 2022-2027. Office furniture is an integral part of office management and is mainly used for indoor activities. It includes various key components specially designed for commercial and corporate spaces. Some commonly used pieces of furniture are tables, desks, chairs, storage cabinets, filing cabinets, room dividers, etc. Office furniture is made from high quality materials to comfort users and protect official documents from dust, pests, theft and fire. Therefore, it is widely used in individual workstations, cafeterias, meeting rooms and lounges to improve the overall work productivity of employees.

We regularly monitor the direct effect of COVID-19[female[feminine in the market, as well as the indirect influence of associated industries. These observations will be incorporated into the report.

Report metric
Historical year 2016-2021
Year of reference 2021
forecast year 2022-2027

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Important Attribute and Report Highlights:

  • Detailed Global Market Share Analysis
  • Market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Latest industry trends and developments
  • Competitive landscape
  • Strategies of key players and product offerings

Global Office Furniture Market Trends:

Growing construction of commercial areas and IT parks is one of the major drivers of the global office furniture market. In this light, the expanding business sector is also propelling the growth of the market. Moreover, the growing number of start-ups and the growing need for jobs around the world are driving the demand for office furniture. Apart from this, the continuous technological advancement which is enabling many key market players to develop smart office furniture is acting as another significant growth driver. Additionally, the growing integration of office furniture with sensors to remind users to perform a given task at regular intervals is positively influencing the global market. Additionally, growing demand for high-end and designer furniture is expected to increase the global office furniture market over the forecast period.

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Key Market Segmentation:

Competitive landscape:

The competitive landscape of the market has been studied in the report along with the detailed profiles of key players operating in the market.

Some of these key players include:

  • Steelcase Inc.
  • Okamura Corporation
  • HNI Company
  • Herman Miller Inc.
  • Haworth, Inc.
  • Knoll, Inc.
  • KOKUYO Co., Ltd.
  • Meridian Limited Office Furniture
  • Kimball International, Inc.
  • D3, Inc.
  • Hooker Furniture Company

Breakdown by product type:

  • Seats
  • Systems
  • the tables
  • Storage units and filing cabinets
  • Hanging bins
  • Others

Breakdown by type of material:

  • Wood
  • Metal
  • Plastic and fiber
  • Glass
  • Others

Breakdown by distribution channel:

  • direct sales
  • Specialized store
  • Non-specialized stores
  • In line
  • Others

Breakdown by price range:

Breakdown by region:

  • North America (USA, Canada)
  • Asia-Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Latin America (Brazil, Mexico, others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)

Main highlights of the report:

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • Impact of COVID-19 on the market
  • Porter’s Five Forces Analysis
  • Historical, current and future market trends
  • Market drivers and success factors
  • SWOT analysis
  • Market structure
  • Value chain analysis
  • Complete mapping of the competitive landscape

Table of contents of the report:

  • Preface
  • Scope and methodology
  • Abstract
  • introduction
  • Global market
  • SWOT analysis
  • Value chain analysis
  • Price analysis
  • Competitive landscape

Note: If you need specific information that is not currently covered by the report, we can provide it to you as part of the customization.

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