With a linear growth pattern, the Office Furniture Market is expected to reach a value of USD 82,042.6 million in 2023 and increase at a compound annual growth rate (CAGR) of 6.2% from 2023 to 2033, when it is expected to reach USD 158,877.6 million.
A desk is a necessary element of every workplace environment. They give workers a surface to work on, a location to set up their computers, and a place to keep important paperwork and office supplies. Executive desks, computer desks, standing desks, and modular desks are examples of common desk types.
There Are Some Key Findings From Office Furniture Market Consumer Surveys Conducted:
1. Customers are prepared to spend more for superior office furniture. According to the survey, seventy percent of consumers are willing to spend more for durable, high-quality office furniture.
2. Online shops have a higher likelihood of selling office furniture to consumers than physical locations. According to the poll, 60% of customers would rather buy office furniture online. This is probably because online retailers offer a greater selection and convenience of products.
3. Office furniture that is ergonomic, fashionable, and comfy is becoming more and more in demand. According to the poll, 80% of customers believe that comfort and ergonomics are crucial considerations when selecting workplace furniture. Furthermore, 60% of customers stated that style is a significant consideration.
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Market Type Analysis
Office chairs are an essential piece of office furniture, and they are in high demand due to the increasing focus on employee ergonomics and comfort. Office tables are also a popular piece of office furniture, and they are in high demand due to the increasing need for flexible and collaborative workspaces. Storage furniture is in high demand due to the need to store office supplies and other items.
The office chairs segment is expected to account for around 40% of the market share of the office furniture market by type during the forecast period, followed by the office tables segment. The storage furniture segment is expected to be the fastest-growing segment during the forecast period.
Market Segmental Analysis
By Distribution Channel
Supermarket/Hypermarket
Specialty Stores
Online Stores
Others
By End-Use
Enterprise
Hospitals
Schools
Others
Country Scope
U.S.; Canada; U.K.; Germany; France; Italy; Spain; Benelux; Nordic Countries; Russia; China; India; Japan; South Korea; Australia; Indonesia; Thailand; Mexico; Brazil; Argentina; Saudi Arabia; UAE; Egypt; South Africa; Nigeria
By Type
Office Chairs
Office Tables
Storage Furniture
Office Systems Furniture
Reception Furniture
Others
By Material
Wood
Steel
Others
By Price
Mass
Premium
Market Competitive Outlook
Okamura Corporation, HNI Corporation, Herman Miller Inc., Haworth Inc., Global Furniture Group, Steelcase Inc., Knoll Inc., Kimball International, 9to5 Seating, KOKUYO Co. Ltd, Haier Inc., Howden Joinery Ltd., Inter IKEA Systems B.V., Godrej Interio, Bulthaup GmbH & Co KG among others
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Frequently Asked Questions
1. What is the Global Office Furniture market value?
2. What are the key drivers in the market?
3. Which are the upcoming countries within the Office Furniture market?
4. Who are the key competitors of market Players?
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