Press release
Office Furniture Market To Be Driven by the Increase in Number of Offices Worldwide
KD Market Insights
Launch of Innovative Office Furniture
Rapid introduction of innovative and advanced office furniture will intensify the growth of the market in the upcoming years. Key vendors are offering advanced & innovative designed furniture which are healthier and more comfortable. This factor is bolstering the growth of the global furniture market across all regions. Consumers such as enterprises and others are preferring modern and modular office furniture’s to improve the productivity which bodes well for the growth of the market.
Request Sample https://www.kdmarketinsights.com/sample/43
The Thrust on Real Estate and Office Construction Around the World are Likely to Drive the Global Office Furniture Market at 9.1% CAGR during 2019 & 2024.
As per KD Market Insights research, the global office furniture market is expected to witness robust growth over the next five years to reach an estimated value of USD 95,274.2 Million in 2024. The global office furniture market is expected to expand at a CAGR of 9.1% in the terms of value during the time period i.e. 2019–2024. Increase in the employment rate and rising consumption of office spaces are few of the key factors impelling the growth of the office furniture market. Moreover, increasing office construction spending across the globe is expected to behold the growth of the market.
The global office furniture market has been segmented on the basis of product type, price range, and distribution channel. The office furniture product market is segmented into seating, storage unit & files, workstation, tables, and accessories. In terms of value, office seating segment is anticipated to reach USD 35,025.4 Million by the end of 2024 and is anticipated to flourish at a CAGR of 9.9% over the forecast period. Further, the global office seating market expected to achieve the absolute $ opportunity of USD 13,173.2 Million between 2019–2024.
In the price range segment, the office furniture market is sub-segmented into premium, medium, and economy. Among this segment, economy office furniture segment is expected to expand at a CAGR of 8.5% in terms of value over the forecast period i.e. 2019–2024.
Browse full Research Report With TOC @ https://www.kdmarketinsights.com/product/office-furniture-market-2017
Regional Outlook:
In terms of geography, the office furniture market is segregated into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. Asia Pacific office furniture market accounted for a market share of 46.8% in 2018 and is expected to attain a notable market share by the end of 2024.
In terms of value, the Asia Pacific office furniture market is expected to reach USD 48,156.3 Million by the end of 2024 from USD 27,205.9 Million in 2018. The market value of the Asia Pacific office furniture market is expected to rise at a CAGR of 10.5% over the forecast period. In addition to this, the Asia Pacific office furniture market value is projected to witness a Y-O-Y growth of 13.7% in 2024 as compared to previous years.
Competitive Landscape:
The report also covers detailed competitive analysis of major market players of the global office furniture market, such as Herman Miller Inc., Inter IKEA Group, Okamura Corporation, HNI Corporation, Knoll, Inc., Steelcase Inc., Haworth Inc., Kokuyo Co Ltd., Kimball International Inc., Hooker Furniture and others prominent players. The office furniture market is witnessing a wide range of industry activities such as product launch, acquisition, agreement, and expansion across the globe. For instance, on 28th January 2019, Kimball announced the launch of its new product Helio to their office seating portfolio. This product launch increases the product offering of the company.
Request For Discount ($3555 USD with 10%OFF) @ https://www.kdmarketinsights.com/discount/43
Research Methodology
Market Definition and List of Abbreviations
1. Executive Summary
2. Growth Drivers & Issues in Global Office Furniture Market
3. Global Office Furniture Market Trends
4. Opportunities in Global Office Furniture Market
5. Recent Industry Activities, 2017
6. Porter's Five Forces Analysis
7. Market Value Chain and Supply Chain Analysis
8. Products Average Price Analysis, By Country
9. Global Office Furniture Market Value (USD Million), 2017-2023
10. Global Office Furniture Market Segmentation Analysis, By Product
10.1. Introduction
10.2. Market Attractiveness, By Product
10.3. BPS Analysis, By Product
10.4. Seating Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
10.4.1. Office Chairs Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
10.4.2. Guest Chairs Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
10.4.3. Stools Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
10.4.4. Sofa Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
10.4.5. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
10.5. Storage Unit and Files Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
10.5.1. Bins & Shelves Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
10.5.2. Cabinets Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
10.5.3. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
10.6. Workstation Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
10.6.1. Individual Workstation Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
10.6.2. Collaborative Workstation Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
10.6.3. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
10.7. Tables Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
10.7.1. Conference Tables Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
10.7.2. Dining Tables Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
10.7.3. Occasional Tables Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
10.7.4. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
10.8. Accessories Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
11. Global Office Furniture Market Segmentation Analysis, By Price Range
11.1. Introduction
11.2. Market Attractiveness, By Price Range
11.3. BPS Analysis, By Price Range
11.4. Premium Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
11.5. Medium Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
11.6. Economy Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
12. Global Office Furniture Market Segmentation Analysis, By Distribution Channel
12.1. Introduction
12.2. Market Attractiveness, By Distribution Channel
12.3. BPS Analysis, By Distribution Channel
12.4. Online Stores Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
12.5. Offline Stores Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13. Geographical Analysis
13.1. Introduction
13.2. North America Market Value (USD Million) & Volume (MT) Forecast, 2017-2023
13.2.1. By Product
13.2.1.1. Introduction
13.2.1.2. Market Attractiveness, By Product
13.2.1.3. BPS Analysis, By Product
13.2.1.4. Seating Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.2.1.4.1. Office Chairs Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.2.1.4.2. Guest Chairs Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.2.1.4.3. Stools Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.2.1.4.4. Sofa Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.2.1.4.5. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.2.1.5. Storage Unit and Files Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.2.1.5.1. Bins & Shelves Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.2.1.5.2. Cabinets Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.2.1.5.3. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.2.1.6. Workstation Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.2.1.6.1. Individual Workstation Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.2.1.6.2. Collaborative Workstation Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.2.1.6.3. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.2.1.7. Tables Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.2.1.7.1. Conference Tables Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.2.1.7.2. Dining Tables Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.2.1.7.3. Occasional Tables Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.2.1.7.4. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.2.1.8. Accessories Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.2.2. By Price Range
13.2.2.1. Introduction
13.2.2.2. Market Attractiveness, By Price Range
13.2.2.3. BPS Analysis, By Price Range
13.2.2.4. Premium Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.2.2.5. Medium Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.2.2.6. Economy Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.2.3. By Distribution Channel
13.2.3.1. Introduction
13.2.3.2. Market Attractiveness, By Distribution Channel
13.2.3.3. BPS Analysis, By Distribution Channel
13.2.3.4. Online Stores Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.2.3.5. Offline Stores Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.2.4. By Country
13.2.4.1. Market Attractiveness, By Country
13.2.4.2. BPS Analysis, By Country
13.2.4.3. U.S. Market Value (USD Million) & Volume (MT) Forecast, 2017-2023
13.2.4.4. Canada Market Value (USD Million) & Volume (MT) Forecast, 2017-2023
Press Release : https://www.kdmarketinsights.com/posts/office-furniture-market
Contact Us
KD Market Insights
150 State Street, Albany,
New York, USA 12207
+1 (518) 300-1215
Email: sales@kdmarketinsights.com
Website: www.kdmarketinsights.com
Read More News: https://marketnewsbizz.com
https://marketresearchtab.com
https://kdmarketinsightsblog.com
About KD Market Insights
KD Market Insights offers a comprehensive database of syndicated research studies, customized reports, and consulting services. These reports are created to help in making smart, instant and crucial decisions based on extensive and in-depth quantitative information, supported by extensive analysis and industry insights.
Our dedicated in-house team ensures the reports satisfy the requirement of the client. We aim at providing value service to our clients. Our reports are backed by extensive industry coverage and is made sure to give importance to the specific needs of our clients. The main idea is to enable our clients to make an informed decision, by keeping them and ourselves up to date with the latest trends in the market.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Office Furniture Market To Be Driven by the Increase in Number of Offices Worldwide here
News-ID: 1819411 • Views: …
More Releases from KD Market Insights
Bucket Trucks Market Top Key Players - Manitowoc Cranes, Manitex International I …
The bucket trucks are utilitarian vehicles having a hydraulic pole or boom with a bucket at one end that can transport cargo or people. The hydraulic pole pulls the person up with the help of the bucket, allowing him to continue working while being safe. Additionally, these vehicles can be affixed to trailers or commercial vans.
They are extensively employed in many different industries, including the management of vegetation, lighting,…
Solar-Powered Car Market Top Key Players - Audi AG, Sono Motors GmbH, Lightyear, …
The solar-powered automobile is an electric car that draws its power from the sun. The photovoltaic cells are used to transform solar energy into electrical power to drive the vehicle. On such vehicles, solar panels with photovoltaic cells are attached. Electricity is generated by solar panels and stored in batteries.
The car's charged batteries power the motor, which acts as the vehicle's engine and propels the vehicle forward. The demand…
Trailer Terminal Tractor Market Top Key Players - AB Volvo, Mol CY nv, Orange EV …
The trailer terminal tractor is a specialized truck created for the quick, safe, and effective movement of semi-trailers or cargo containers. It is intended specifically for material loading and unloading. It operates quickly and efficiently, has a quick turnaround time, high level of dependability, good mobility, delivers exceptional comfort, and has servicing points that are conveniently located. To handle semi-trailers, roll trailers, container chassis, and heavy-duty trailers, it is mostly…
Robotics as a service Market Size is Reach at $6.8Bn by the end of 2025 – KD M …
The Global robotics as a service market was valued at USD 1.8 Billion as of the year 2019 and is expected to grow to about USD 6.8 Billion by 2025’s end and growing at an annual compound growth rate (CAGR) of 6 percent during the timeframe 2019-2025. Robotics as a Service (RaaS) is an aspect of artificial intelligence (AI) that integrates cloud computing with shared service. Companies are increasingly adopting this Robot as a…
More Releases for USD
$100,000,000 USD job contract for travel - $3,000,000 USD referral commission.
Khoja Consultants invites companies, teams or venture capitalists for a $100,000,000 USD contract for travel. The selected company will be providing all accommodations and expenses for a 6-month long business trip around the world. Khoja Consultants expects five-star treatment including close security with private planes, hotels, secured vehicles and helicopters if necessary. More details on the job contract and application are provided at - www.KhojaConsultants.com.
There is a $3,000,000…
Primary Alkaline Batteries Market Worth USD 14.58 Billion USD by 2026
The Global Primary Alkaline Batteries market size was valued at 10.31 Billion USD in 2019 and is projected to reach 14.58 Billion USD by 2026, at a CAGR of 5% during the forecast period.
An Primary Alkaline Batteries is a type of primary battery, which derives its energy from the reaction between zinc metal and manganese dioxide.
Get Detailed Analysis of COVID-19 Impact on Primary Alkaline Batteries Market @ https://reports.valuates.com/request/sample/QYRE-Othe-0I169/Global_Primary_Alkaline_Battery_Market
This report presents…
IOT Solutions Market worth USD 553.9 million USD by 2026
"The global IoT solutions market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of cybersecurity as a service market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa."
These days many businesses are adopting a market research report…
Eubiotics Market Set to Exceed USD USD 8.60 Billion by 2026
According to a new study published by Polaris Market Research the global eubiotics market is anticipated to reach USD 8.60 billion by 2026. The tightening and stringent restrictions on the use of antibiotic growth promoters along with the surging consumer pressure on food safety and consumer preferences are expected to be the major factors driving demand for these products that work as substitutes to in-feed eubiotics.
Eubiotics or specific organic…
Polyurethane Dispersions Market worth USD 2.04 Billion USD by 2020
The report " Polyurethane Dispersions Market by Type (Water-Based Polyurethane Dispersions and Solvent-Based Polyurethane Dispersions), by Application (Coatings, Adhesives & Sealants, Synthetic Leather Production, Fiber Glass Sizing, and Others) - Trends & Forecasts to 2020", The global polyurethane dispersions market is projected to reach USD 2.04 Billion by 2020 at a CAGR of 6.8% between 2015 and 2020. This growth is fueled by the high potential from the textile and…
Retail Analytics Market worth USD 5.1 Billion USD by 2020
According to a new market research report "Retail Analytics Market by Business Function (Marketing and Customer Analytics, Merchandizing and In-Store Analytics, Supply Chain Analytics, Strategy and Planning), by Type, by Solutions and by Services - Global Forecast and Analysis to 2020", defines and segments the global retail analytics market on the basis of business function, solutions, services, deployment types, and regions along with providing an in-depth analysis and market size…
