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Global Office Furniture Market Analysis & Opportunity Outlook 2021

Published On : 04:51 AM, 6th December, 2017 REP-ID-78 Category: Miscellaneous

Office Furniture Market includes the wide range of office furniture such as cabinets, bookcase, desks and chairs. Factors like employee satisfaction, retention and taking work commitments towards company are allowing corporates to add new designs and attractive furniture in the office premises. As a result, the Global Office Furniture Market is anticipated to grow at a modest compound annual growth rate (CAGR) of 5.2% over the period of 2015-2021.

Market Size and Forecast

Geographically, North America office furniture market is anticipated to account nearly 38.6% of market share in 2016. The countries in North America i.e. U.S. & Canada are the largest importers of office furniture. The office furniture market of the U.S. is expected to grow at a CAGR of 12% over the period of 2015-2021.

office furniture market

In 2015, Europe office furniture market saw an increase of 5% and the market is further projected to foster at robust growth rate over the forecast period.

Asia Pacific office furniture market was accounted to USD 7.2 billion in 2014 and it is estimated that the market would showcase the modest growth rate in next 5 years.

Market Segmentation

By Product Type

On the basis of product type the office furniture are classified as follows:

  • Seating
  • Systems
  • Overhead bins
  • Storage units and files
  • Tables

By Price Range

On the basis of price range the office furniture are classified into three categories:

  • Low price (no features)
  • Moderate price (featured furniture)
  • High price (luxury furniture)

By End User

On the basis of end user the office furniture are classified as follows:

  • Workplace
  • Healthcare
  • Education sector

By Distribution Channel

  • Online
  • Off-line (retailers, agents, stockist, wholesaler etc.)

By Material

  • Wood
  • Plastic
  • Metal

By Region

  • North America
  • Latin America
  • Western And Eastern Europe
  • Asia-Pacific
  • Row (Rest Of World)

Growth Drivers and Challenges

Increasing number of corporate offices, declining office vacancy rate and a modest rise in employment rate are the major drives of global office furniture market.

Environment Protection Acts and increasing deforestation are the major challenges for global office furniture market. In addition to that, swelled price of raw material also affects the global office furniture market.

Key players

The major players of global office furniture market are follows:

  • Herman Miller
  • Okamura
  • Kokuyo
  • HNI
  • Steelcase
  • Knoll
  • Ashley Furniture Industries
  • Inter IKEA Group
  • Kimball International
  • Burotime Office Furniture Co. Ltd.

Scope and Context

Overview of the Parent Market

Analyst View

Market Size and Growth

  • North America
  • Latin America
  • Western and Eastern Europe
  • Asia-Pacific
  • Rest of World


  • By Product Type
  • By End User
  • By Region
  • By Price Range

Market Dynamics

Supply & Demand Risk

Competitive Landscape

Porter’s Five Force Model

Geographical Economic Activity

Key Players (respective SWOT Analysis) and their Strategies and Product Portfolio

Recent Trends and Developments

Industry Growth Drivers and Challenges

Key Information for Players to establish themselves in current dynamic environment

Key Answers            




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