Office Furniture Market Size, Demand, Top Companies, Cost Structures and Forecasts to 2025

Industry Overview Office Furniture Market

“Office Furniture is a kind of equipment used for working in daily life and working.”

The worldwide market for Office Furniture is expected to grow at a CAGR of roughly 4.7% over the next five years, will reach 90100 million US$ in 2023, from 71500 million US$ in 2017, according to a new GIR (Global Info Research) study.

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The technical barriers of Office Furniture are relatively low, and the Office Furniture market concentration degree is dispersed. The manufacturing bases scatter around the world; the key companies in Office Furniture market include Steelcase, Herman Miller, Haworth, HNI Corporation, Okamura Corporation, Global Group, KI, Teknion, Knoll, Kinnarps Holding, and others.

Favorable government policies and rising foreign direct investments have increased the number of MNCs in the country and also boosted the entry of foreign players. This has led to a rise in the number of offices as well as the demand for Office Furniture worldwide. Also, the growing number of companies in the technology, media, telecom, retail, financial, and transport sectors in 2014 has increased the demand of Office Furniture. Therefore, the growing demand for office space will be favorable for the growth of the Office Furniture market.

There are companies adding new capacities and aims at the cost and quality leadership which shall improve profitability. As the same time, companies are focusing on technological innovation, equipment upgrades, and process improvements, to reduce costs and improve quality. The competition in Office Furniture market will become more intense.

Scope of the Report:

The companies highlighted in the Office Furniture Market competition by sales volume, Price (USD/Unit), revenue (Million USD) and market share include: Steelcase, Herman Miller, Haworth, HNI Corporation, Okamura Corporation, Global Group, KI, Teknion, Knoll, Kinnarps Holding, Kimball Office, Kokuyo, ITOKI, Uchida Yoko, Vitra Holding, Nowy Styl, Groupe Clestra Hausermann, Izzy+, Lienhard Office Group, Koninkije Ahrend, USM Holding, Bene, Sedus Stoll, Martela, Scandinavian Business Seating, EFG Holding, Fursys, AURORA, SUNON, Quama.

Region Segmentation: North America, China, Europe, Southeast Asia, Japan, India.

The Office Furniture Market consists of data accumulated from numerous primary and secondary sources. This information has been verified and validated by the industry analysts, thus providing significant insights to the researchers, analysts, managers, and other industry professionals.                             

Most important types of Office Furniture products covered in this report are: Wood, Metals, Plastic, Others.

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Most widely used downstream fields of Office Furniture market covered in this report are: Enterprise, Hospitals, Schools, Others.

A detailed analysis of the Office Furniture Market, on the basis of geography, provides a clear image of the most dominant trends as well as the regulatory scenario in the individual regional sectors, locally and globally. Additionally, the market size and share of these regions and the forecasts with regards to the key players operating in the market provide an understanding of the investment viability in these regions. The estimate of the Office Furniture market share, whether based on revenue or size is a blend of fact and expert judgment that is supported by a sound research methodology.

Research objectives

To study and analyze the global Office Furniture market size by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.

To understand the structure of Office Furniture market by identifying its various sub-segments.

Focuses on the key global Office Furniture players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.

To analyze the Office Furniture with respect to individual growth trends, future prospects, and their contribution to the total market.

To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

To project the size of Office Furniture sub-markets, with respect to key regions (along with their respective key countries).

To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.

To strategically profile the key players and comprehensively analyze their growth strategies.

Continued…

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In the end, Office Furniture Industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.

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This release was published on openPR.