openPR Logo
Press release

Demand for Office Chair Market to Grow at a 5.6% value CAGR Through 2028

07-30-2021 10:31 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Fact.MR

Office chair market prospects are likely to be significantly influenced by surging number of startups. Influx of entrepreneurs in developed and emerging markets has created the requirement for tech parks as well as office spaces, which in turn has favored growth of the office chair market in recent years. In terms of value, the office chair market size was estimated at nearly US$ 7330 Mn in 2017 by a recently developed Fact.MR study.

For detailed insights on enhancing your product footprint, request for a sample here – https://www.factmr.com/connectus/sample?flag=S&rep_id=942

North America continues to be the tip of the spear in the office chair market, with the report estimating over 50,000,000 units of office chair to be sold in the region by 2028-end. The office chair market in North America remains consolidated in the U.S., underpinned by increased focus on the work-space aesthetics and emergence of online furniture stores. Office chair manufacturers in the U.S. leverage the online sales platforms, in light of their inherent benefits such as reduced rental space and remarkable decline in inventory.

Bucking a long-running depression in the revenue graph, growth of the office chair market in Canada is envisaged to rise at an impressive rate through 2028. Growth in Canada is primarily driven by production of business-oriented office chairs, as well as variants specific for use in retail and office spaces. Although declining oil prices have shaken the business confidence in natural resources-heavy economy of Canada, spending on nonresidential construction, and therefore new retail and office spaces has spurred demand for relevant furniture. On account of these factors, Canada’s office chair market will represent a splendid rise in the period of forecast.

For critical insights on this market, request for methodology here – https://www.factmr.com/connectus/sample?flag=RM&rep_id=942

Office Chair Market: Modest Growth Foretold for Europe

Led by the U.K. and Germany, the office chair market in Europe is likely to present an average growth rate through 2028, post-thriving through declined growth in the past. As office distribution in the region is witnessing a progressive transformation from supply of furniture to more worldwide offer of services, projects and consultancy.

Widespread majority of survey respondents have declared intention of extending their product and offer portfolios, which in turn will augur well for the office chair market in the region. Workspace transformation activities apropos of cafeteria/leisure areas and informal meeting spaces have further contributed to office furniture sales in the region, directly impacting the office chair market.

For in-depth competitive analysis, buy now - https://www.factmr.com/checkout/942

Office Chair Market: Preference to Remain Inclined toward Fabric and Leather-based Chairs

Sensing the evolving requirements and preferences of end-users, office chair manufacturers have introduced a wide range of products using different materials. Fabric office chair and leather office chair will remain preferred over other variants in the office chair market. Albeit revenues from plastic office chair sales have traditionally been low, the report foresees a relative higher growth rate for these variants in the near future.

Organizations across the globe have been emphasizing on incorporating office chairs featuring more than just radical requirements, to provide a comfortable yet productive work atmosphere to employees. However, cost is a key aspect considered along with advanced features of the office chair, which has led the adoption of moderate price office chair, as low price office chair have no additional features.

Revenues from moderate price office chairs will reach nearly US$ 6,900 Mn by 2028-end, and are envisaged to record an impressive increase in the foreseeable future, according to Fact.MR’s study.

Read More Trending and Similar Reports from Fact.MR – https://www.globenewswire.com/en/news-release/2019/09/13/1915395/0/en/Pet-Wearables-Sales-to-Pick-Pace-with-a-Wealth-of-Innovation-on-the-Horizon-Reports-Fact-MR.html

With discomfort in the back, neck and shoulders, hands and wrists becoming common concerns among the desk-bound working population, awareness regarding the importance of office chair for maintaining good posture & health is spreading gradually.

Various safety and health measures suggested by OSHA and UEOHC for a proper workstation setup and work practices have influenced changes in design and development approaches of office chair manufacturers. This has further driven emphasis on ergonomic approach at workstations by major employers, creating lucrative avenues for players in the office chair market.

Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
E: sales@factmr.com
Website: https://www.factmr.com
Content Source: https://www.factmr.com/media-release/525/office-chair-market

About Us:
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

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 Demand for Office Chair Market to Grow at a 5.6% value CAGR Through 2028 here

News-ID: 2342558 • Views: 275

More Releases from Fact.MR

Thrive In Food & Beverages Industry Is Expected To Boost Sales Growth Of Commerc …
A commercial mixer used as an essential piece of equipment in any restaurant, pizzeria, bakery, or other establishments that makes dough and batter, leaving the contents perfectly mixed and aerated. The busy and hectic lifestyle urges the need to have commercial mixers like equipments; owing to a commercial mixer is the flawless machine for swiftly mixing batches of batter or dough easily. To get in-depth information view the report – https://www.factmr.com/report/4901/commercial-mixers-market The
Expansion In Bakery Industry Is Expected To Triggers Market Sales Growth Of ADA …
The report analyzes incredible industry-related details that have a significant impact on growth. The report closely tracks the growth hot-spots of the global ADA Substitute market over the forecast period 2019 to 2029 The report begins with a brief presentation and overview of the ADA Substitute market, about the current market landscape, market trends, major market players, product type, application, and region. To get in-depth information view the report – https://www.factmr.com/report/4236/ada-substitute-market It
Global Aseptic Carton Bottles Market Is Projected To Generate Higher Sales Reven …
The report analyzes incredible industry-related details that have a significant impact on growth. The report closely tracks the growth hot-spots of the global Aseptic Carton Bottles market over the forecast period 2018 to 2028 The report begins with a brief presentation and overview of the Aseptic Carton Bottles market, about the current market landscape, market trends, major market players, product type, application, and region. To get in-depth information view the report
Advancement In Oil & Gas Industry is Likely To Boost Deflagration Flame Arrester …
The development in energy generation and oil & gas sectors has prompted the higher reception of equipment, for example, deflagration flame arresters, whose proposed capacity is to permit flow, however, keep the transmission of flame from either explosion or deflagration. A deflagration flame arresters are relied upon to develop as an essential gadget sooner and are required to be utilized in different applications such as pharmaceuticals, mining, and others. Distinctive

All 5 Releases


More Releases for Office

Lumibright New Spacious Office
Dear Valued Customers, We are glad to update you that October 2017 onwards we shifted our office to a more spacious, green and serene vicinity with ample parking facility . The nearest landmark is Gulf news. Make note of our new address IHG Corporate Office- 18 street, Dubai Investment Park – 2. +971 4 338 3448 sales@lumibright.co.uk LOCATION MAP: https://goo.gl/maps/uRgih4MjZYE2 All through these years, your unwavering loyalty and support has helped
Avolution Opens Singapore Office
Avolution, developer and supplier of software solutions for enterprise modeling, planning and IT strategy, announced today that it has opened a South East Asian office in Singapore. The announcement follows strong growth throughout 2014, which is projected to increase further over the next twelve months. “South East Asia continues to be a strong region for Avolution,” said Mark Denford, Asia-Pacific Manager, “and Singapore is at the centre of this growth. Singaporean government
Office Cleaning Sacramento launches 'Clean Office. Happy Office' Campaign
Sacramento, California, USA. April 22, 2012: Office Cleaning Sacramento, one of the leading commercial cleaning services in Sacramento, has announced the launch of its brand new 'Clean Office. Happy Office' campaign and reach out to the various commercial establishments in the city more proactively. The aim of the campaign is to encourage the commercial establishments in the city to provide for a better environment and healthy working conditions to their
Office Relocation Planning Guide
As companies prepare for the future, an office relocation is proving to be an effective strategy for getting into better, cheaper and more appropriate office space. It can enable a business to consolidate, reduce excessive overheads and build a stronger platform from which to grow. Getting an office move right is a great opportunity to affect positive change management, improvement in business performance, increased morale and momentum - however,
Documation Announces Office Relocation
Documation, a leading provider of document management and workflow solutions in the UK, has moved its headquarters to a new office in Eastleigh, Hampshire. This move comes just over three years after the company took over the entire fifth floor of its previous Eastleigh based premises due to a period of growth. Documation’s new location and its registered address is now: Documation Parkway Business Centre Campbell Road Eastleigh Hampshire UK SO50
Bigmouthmedia opens Spanish office
Bigmouthmedia announce continued expansion with the opening of a new office in Madrid. Marking the latest stage in the group's international expansion programme, Europe's largest independent digital marketing agency has now opened for business in Madrid. Led by two of Spain's best-known search professionals, the new office will offer bigmouthmedia's full range of search engine optimisation (http://www.bigmouthmedia.com/products_services/search_engine_optimisation/ ), PPC and digital marketing services to the Spanish market. "Spain is somewhere that