Office Furniture Market Portrays High-End Demand across Major Geographies during 2017-2022 | Key Players are Herman Miller Inc., Knoll Inc., HNI Corporation, Okamura Corp, etc.

The purpose of this rich study presented by FactMR is to elaborate the various market projections impacting the global office furniture market during the period until 2022. This assessment delivers high-end statistics concerning market size, Y-o-Y growth in trends and revenue share (US& Mn) linked to different geographies and segmentation types. Readers can acquire precise insights about growth trends along with opportunities that are expected to reshape the overall structure of the office furniture market during the forecast period.

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The global office furniture market is anticipated to gather pace with the rising demand for modular furniture in the corporate sector. According to studies, vibrant colors help to improve productivity in an office environment. Moreover, they promote innovative thinking in employees by making the office environment pleasant. Companies also install attractive office furniture to make the worksite interesting. Manufacturers are offering products with such a design that can accommodate new technologies, machines, and gadgets. The global office furniture market is expected to witness a strong rise in the demand for products that can help avoid health issues of employees such as back pain. 

Comfort is one of the primary factors that could be highly focused upon when designing office furniture. Organizations looking to maintain employee wellness and health as a priority are foreseen to significantly augment the demand in the global office furniture market. The growing popularity of smart furniture could push the growth of the global office furniture market. Smart furniture can allow users to set their preferences as per their comfort. The advent of office desks with sensors is predicted to create opportunities in the global office furniture market. 

Vendors operating in the global office furniture market are foretold to concentrate on designing products for specific use. In this regard, it could be said that the demand for new smart products may increase in the global office furniture market. The demand for desks and chairs that encourage a correct sitting posture of employees to avoid muscle pain, back pain, and other health issues is forecast to bode well for the global office furniture market. On the other hand, the growth of the global office furniture market could soar on the back of the increase in the development of commercial complexes. 

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Focus on fitness at workplaces is prophesied to work in the favor of the global office furniture market. Increasing preference for ergonomic furniture could have a positive impact on the global office furniture market. The use of such types of furniture helps to reduce muscle injury, discomfort, and stress, which is necessary to improve the productivity of employees. Keeping this in view, the demand for ergonomic chairs is prophesied to increase, thus promising growth to the global office furniture market. 

This report brings to light some of the significant aspects of the global office furniture market and how different factors are affecting its growth. It offers accurate analysis about the global office furniture market for the forecast period 2017-2022. 

Market Definition 

Office furniture is a key aspect of the infrastructure of corporate companies. The demand for functional products is expected to surge in the coming years. Cabinets, drawers, tables, chairs, and desks are some of the common items listed under office furniture. 

Competitive Landscape 

The global office furniture market is envisaged to find players focusing on the development and launch of new products, acquisition, and collaboration for securing a strong position. There could be an influx of both foreign and domestic companies in the global office furniture market. Jaime Hayon of Hayon Studio launched a new office system for Republic of Fritz Hansen in October 2018. This could be evident of new product launch being a prominent strategy adopted in the global office furniture market.

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