Press release
Institutional And Office Furniture Market Trends, And Infrastructure, Market size, Key Players 2023-2032
Institutional And Office Furniture Market
As per the Institutional and office furniture market report by The Business Research Company, Increasing demand for online shopping is expected to help the institutional and office furniture manufacturing market grow. Manufacturers can now sell their products on a larger platform than before, which will increase their customer base geographically driving the growth of the furniture manufacturing market.
The global institutional and office furniture market grew from $223.39 billion in 2022 to $241.29 billion in 2023 at a compound annual growth rate (CAGR) of 8.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The institutional and office furniture market is expected to grow to $318.05 billion in 2027 at a CAGR of 7.1%.
Read More On The Institutional And Office Furniture Market Report Here:
https://www.thebusinessresearchcompany.com/report/institutional-and-office-furniture-global-market-report
Major competitors in the Institutional and office furniture market include Steelcase Inc., Haworth, Inc., Herman Miller Inc., HNI Corporation, Kokuyo Co Ltd., Okamura Corporation, Itoki Corporation, Knoll Inc., Kimball International and Godrej & Boyce Mfg. Co. Ltd.
The Institutional and office furniture market is segmented -
• By Type: Institutional Furniture, Office Furniture
• By Distribution Channel: Exclusive Showrooms, Online, Supermarkets/Hypermarkets, Other Distribution Channels
• By Raw Material: Wood, Plastic, Metal
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Institutional and office furniture refers to any piece of furniture with component parts that can stand alone and does not need to be installed, such as computer desks, chairs, file cabinets, tables, and lounge seating.
The Table Of Content For The Institutional and office furniture Market Include:
1. Executive Summary
2. Report Structure
3. Institutional And Office Furniture Market Characteristics
4. Institutional And Office Furniture Market Product Analysis
5. Institutional And Office Furniture Market Supply Chain
……
22. Key Mergers And Acquisitions In The Institutional And Office Furniture Market
23. Market Background: Furniture Manufacturing Market
24. Recommendations
25. Appendix
26. Copyright And Disclaimer
The "Global Institutional And Office Furniture Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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