Press release
Office Furniture Industry Trends 2022, Global Market Size, Share, Growth Rate (4.1%), Forecast Report 2027
Office Furniture Market Report 2022-2027
The latest report by IMARC Group, titled "Office Furniture Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," offers a comprehensive analysis of the industry, which comprises insights on the global office furniture market. The report also includes competitor and regional analysis, and contemporary advancements in the global market.
The global office furniture market reached a value of US$ 58.4 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 74.7 Billion by 2027, exhibiting at a CAGR of 4.1% during 2022-2027.
Office furniture refers to a class of luxurious and ergonomic furniture that is designed to provide convenience and comfort to employees and staff. Using these fixtures, employees and staff can experience a less stressful and enhanced working environment while meeting the functional requirements of their workplace. Primarily consisting of office tables, chairs, shelves, and desks, they help boost worker productivity while sitting for long hours. Some of the major advantages of advanced office furniture include the ability to set up optimal temperatures, customize flexibility adjustments, and change posture as needed. As a result, these pieces of furniture are extensively adopted across the corporate sector and home-office setups.
Request Free Sample Report: https://www.imarcgroup.com/office-furniture-market/requestsample
Covid-19 Overview:
The COVID-19 pandemic has had an adverse effect on the market initially. The global shutdown of major offices and major manufacturing hubs resulted in extended production halts, that caused a steady decline in the product demand. Furthermore, logistics and supply chain complexity, fluctuating raw material costs, and long replacement cycles hindered the market's growth. However, as the number of COVID-19 cases are gradually declining and offices are open, the market is expected to recover and face experience new growth opportunities.
Competitive Landscape:
The competitive landscape of the market has been studied in the report with detailed profiles of the key players operating in the market.
Some of these key players include:
• Steelcase Inc.
• Okamura Corporation
• HNI Corporation
• Herman Miller Inc.
• Haworth, Inc.
• Knoll, Inc.
• KOKUYO Co., Ltd.
• Meridian Office Furniture Limited
• Kimball International, Inc.
• D3, Inc.
• BERCO DESIGNS
• Hooker Furniture Corporation
Global Office Furniture Market Trends:
The market is primarily driven by the increasing construction, renovation, and modification activities in the commercial real estate industry. This can be attributed to the rising demand for office spaces across numerous sectors, such as IT and ITeS, retail, consulting, and e-commerce. In addition to this, the implementation of favorable government initiatives supporting the launch and growth of small and emerging businesses are providing an impetus to the market.
Moreover, an enhanced focus on sustainable development is resulting in the increased adoption of green, sustainable, and eco-friendly furniture products, which, in turn, is fuelling the market. Some of the other factors that are creating a positive outlook for the market include considerable growth in the number of start-up's, rapid urbanization, extensive research and development (R&D) activities and the expanding chains of multi-national companies in geographically extended regions.
Explore Full Report with TOC & List of Figures: https://www.imarcgroup.com/office-furniture-market
Key Market Segmentation:
Breakup by Product Type:
• Seating
• Systems
• Tables
• Storage Units and File Cabinets
• Overhead Bins
• Others
Breakup by Material Type:
• Wood
• Metal
• Plastic and Fiber
• Glass
• Others
Breakup by Distribution Channel:
• Direct Sales
• Specialist Store
• Non-Specialist Stores
• Online
• Others
Breakup by Price Range:
• Low
• Medium
• High
Breakup by Region:
• North America (United States, Canada)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the Report:
• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• COVID-19 Impact on the Market
• Porter's Five Forces Analysis
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape
TOC for the Office Furniture Report:
• Preface
• Scope and Methodology
• Executive Summary
• Introduction
• Global Office Furniture Market
• SWOT Analysis
• Value Chain Analysis
• Price Analysis
• Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
Explore Latest Research Reports by IMARC Group:
• Caustic Soda Market Report 2022: https://www.imarcgroup.com/caustic-soda-market
• Cement Market Report 2022: https://www.imarcgroup.com/cement-manufacturing-plant
• Data Center Rack Market Report 2022: https://www.imarcgroup.com/data-center-rack-market
• Digital Asset Management Market Report 2022: https://www.imarcgroup.com/digital-asset-management-market
• Digital Signage Market Report 2022: https://www.imarcgroup.com/digital-signage-market
IMARC Group
30 N Gould St, Ste R
Sheridan, WY (Wyoming) 82801 USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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 Industry Trends 2022, Global Market Size, Share, Growth Rate (4.1%), Forecast Report 2027 here
News-ID: 2748816 • Views: …
More Releases from IMARC Group
Retirement Planning Services Business Plan 2025: Market Overview and Investment …
IMARC Group's "Retirement Planning Services Business Plan and Project Report 2025: Industry Trends, Business Setup, Revenue Model, Investment Opportunities, Income, Expenses, and Profitability" delivers a complete framework for establishing and managing a profitable retirement planning services firm. This report provides detailed insights into market trends, investment opportunities, financial forecasts, and operational models. It serves as a vital tool for entrepreneurs, consultants, and investors aiming to evaluate business feasibility or enhance…
Indonesia Facility Management Market Overview & Statistics, Size, Share, Industr …
As indicated in the latest market research report published by IMARC Group, titled "Indonesia Facility Management Market Report by Facility Management Type (Inhouse Facility Management, Outsourced Facility Management), Offering Type (Hard FM, Soft FM), End User (Commercial, Institutional, Public/Infrastructure, Industrial, Others), and Region 2025-2033," the report presents a thorough review featuring the Indonesia facility management market share, growth, trends, and research of the industry.
Market Size & Future Growth Potential:
The Indonesia…
Singapore Logistics Market Statistics & Trends, Outlook, Size, Share, Industry A …
As indicated in the latest market research report published by IMARC Group, titled "Singapore Logistics Market Report by Model Type (2 PL, 3 PL, 4 PL), Transportation Mode (Roadways, Seaways, Railways, Airways), End Use (Manufacturing, Consumer Goods, Retail, Food and Beverages, IT Hardware, Healthcare, Chemicals, Construction, Automotive, Telecom, Oil and Gas, Others), and Region 2025-2033," this report provides an in-depth analysis of the industry, featuring insights into the market. It…
Milk Processing Plant Setup in India 2025: Business Plan, Opportunities, Cost, a …
Overview: Expanding Opportunities in India's Dairy Processing Sector
India's dairy industry is witnessing unprecedented growth, driven by rising consumption of milk and milk-based products, increasing urbanization, and government initiatives supporting rural dairy development. Within this expanding sector, the establishment of a milk processing plant presents a promising business opportunity for entrepreneurs and investors. Milk processing is a crucial component of the dairy value chain, transforming raw milk into products such as…
More Releases for Office
Global Small Office Home Office (SOHO) Servers Market Size by Application, Type, …
According to Market Research Intellect, the global Small Office Home Office (SOHO) Servers market under the Internet, Communication and Technology category is expected to register notable growth from 2025 to 2032. Key drivers such as advancing technologies, changing consumer behavior, and evolving market dynamics are poised to shape the trajectory of this market throughout the forecast period.
The Small Office Home Office (SOHO) servers market is witnessing steady growth due to…
Leading NZ Company Discount Office Expands Office Supplies Range
Discount Office, a leading online office supplies store based In Auckland, has launched ranges of office supplies, including office furniture, office chairs and desks, as more Kiwi offices look to enhance productivity among employees with more staff returning to offices.
Image: https://www.getnews.info/uploads/9d166850141f75e8f2219a6c3e4d29e3.png
As more offices in New Zealand implement return-to-office policies following shifts in workforce dynamics, Discount Office [https://discountoffice.co.nz/] has unveiled its "Back to Office" promotion, offering high-quality office supplies [https://discountoffice.co.nz/collections/office-supplies] and…
Office Suite Tools Market Size in 2023 To 2029 | Apache Open Office, Ashampoo Of …
The primary objective of the Office Suite Tools market report is to offer a comprehensive comprehension of the overall market, ensuring that industry finances are kept up-to-date and informed decisions can be made. Moreover, it furnishes data on market share, market size, growth drivers, and the influence of the COVID-19 pandemic on both small and large-scale industries. Essential market aspects such as distribution channels and industry pricing system, along with…
Open Up Office Virtual Office & Coworking Sapces
We are the Open Up Office family.
The “Customer” and “Solution” based company, Open Up Office was founded in May 2011 and since then adding value by the services it offers to its business partners.
Open Up Office is a community of entrepreneurs and creative professionals. In the Open Up Office where you develop your ideas and are free to work, it is our job to support your creativity and cooperation.
Our clients…
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…
The moving office website, Help Moving Office, offers businesses a valuable Offi …
Help Moving Office, the moving office website, is pleased to announce the launch of its new Office Removals Checklist to help companies manage the actual office removals process. The physical move is a crucial element of the office relocation process – and is very often the part on which the whole office move project gets judged. The essential Office Removals Checklist is the easiest way to get everything done…
