Office Furniture Market Size soaring at 4.7% CAGR to hit 94200 Million USD by 2024 - by Top Key Players: Steelcase, Herman Miller, Haworth, HNI Corporation, Okamura Corporation, Global Group, KI, Teknion, Knoll, Kinnarps Holding, Kimball Office, Kokuyo, I

The Office Furniture Market research report drafted by Market Study Report, LLC, elucidates relevant market and competitive insights as well as regional and consumer information. In a nutshell, the research study covers every pivotal aspect of this business sphere that influences the existing trends, profitability position, market share, market size, regional valuation, and business expansion plans of key players in the Laboratory Information Management System (LIMS) Market.

According to this study, over the next five years the Office Furniture market will register a 4.7% CAGR in terms of revenue, the global market size will reach US$ 94200 million by 2024, from US$ 71500 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Office Furniture business,

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The key manufacturers covered in this report:

• 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

Office Furniture is a kind of equipment used for working in daily life and working.
Overall, the Office Furniture products performance is positive with the global economic recovery.

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.

As the demand increases rapidly for downstream industries, the demand for Office Furniture will correspondingly increase. The increased consumption of Office Furniture is expected to continue during the remaining years of the forecast period of 2016-2021. Office Furniture industry will usher in a stable growth space.

In the past few years, the raw material prices were relatively stable, and expected that the Office Furniture raw material price will be stable in the short term. However, the improvement of energy, transportation costs, employee wages, and equipment depreciation will play a significant role in promoting the cost of Office Furniture. Therefore, to some extent, the companies face the risk of profit decline.

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.

This report presents a comprehensive overview, market shares, and growth opportunities of Office Furniture market by product type, application, key manufacturers and key regions and countries.

This study considers the Office Furniture value and volume generated from the sales of the following segments:

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Market Segment by Regions, regional analysis covers

North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Segmentation by product type:

Wood
Metals
plastic
others

Segmentation by application:

Enterprise
Hospitals
Schools
Others

Market Segment by Applications, can be divided into
Oncology
Cardiology
Other

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Office Furniture consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Office Furniture market by identifying its various subsegments.
Focuses on the key global Office Furniture manufacturers, to define, describe and analyze the sales volume, 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 consumption of Office Furniture submarkets, 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.

Table of Contents

2019-2024 Global Office Furniture Consumption Market Report

1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered

2 Executive Summary
2.1 World Market Overview
2.1.1 Global Office Furniture Consumption 2014-2024
2.1.2 Office Furniture Consumption CAGR by Region
2.2 Office Furniture Segment by Type
2.2.1 Wood
2.2.2 Metals
2.2.3 plastic
2.2.4 others
2.3 Office Furniture Consumption by Type
2.3.1 Global Office Furniture Consumption Market Share by Type (2014-2019)
2.3.2 Global Office Furniture Revenue and Market Share by Type (2014-2019)
2.3.3 Global Office Furniture Sale Price by Type (2014-2019)
2.4 Office Furniture Segment by Application
2.4.1 Enterprise
2.4.2 Hospitals
2.4.3 Schools
2.4.4 Others
2.5 Office Furniture Consumption by Application
2.5.1 Global Office Furniture Consumption Market Share by Application (2014-2019)
2.5.2 Global Office Furniture Value and Market Share by Application (2014-2019)
2.5.3 Global Office Furniture Sale Price by Application (2014-2019)

3 Global Office Furniture by Players
3.1 Global Office Furniture Sales Market Share by Players
3.1.1 Global Office Furniture Sales by Players (2017-2019)
3.1.2 Global Office Furniture Sales Market Share by Players (2017-2019)
3.2 Global Office Furniture Revenue Market Share by Players
3.2.1 Global Office Furniture Revenue by Players (2017-2019)
3.2.2 Global Office Furniture Revenue Market Share by Players (2017-2019)
3.3 Global Office Furniture Sale Price by Players
3.4 Global Office Furniture Manufacturing Base Distribution, Sales Area, Product Types by Players
3.4.1 Global Office Furniture Manufacturing Base Distribution and Sales Area by Players
3.4.2 Players Office Furniture Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion

4 Office Furniture by Regions
4.1 Office Furniture by Regions
4.1.1 Global Office Furniture Consumption by Regions
4.1.2 Global Office Furniture Value by Regions
4.2 Americas Office Furniture Consumption Growth
4.3 APAC Office Furniture Consumption Growth
4.4 Europe Office Furniture Consumption Growth
4.5 Middle East & Africa Office Furniture Consumption Growth

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