Press release
Office Furniture Market Size, Share, Development by 2023
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.
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Global Office Furniture Market: Forecast by Type / Application / Region
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.
Over the next five years, LPI(LP Information) projects that Office Furniture will register a 4.7% CAGR in terms of revenue, reach US$ 90100 million by 2023, from US$ 71500 million in 2017.
Global Office Furniture Market: Key Players
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
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Related Information:
United States Office Furniture Market Research Report 2018
Europe Office Furniture Market Research Report 2018
North America Office Furniture Market Research Report 2018
Asia-Pacific Office Furniture Market Research Report 2018
China Office Furniture Market Research Report 2018
EMEA Office Furniture Market Research Report 2018
Global Office Furniture Market Research Report 2018
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