Press release
Commercial Furniture Market Growing Trends and Demands Analysis forecast 2023 to 2030 | Steelcase, Herman Miller, Haworth, HNI Corporation, Okamura Corporation
The global Commercial Furniture market size was valued at USD 68240 million in 2022 and is forecast to a readjusted size of USD 82650 million by 2029 with a CAGR of 2.8% during the review period.
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The commercial furniture market was a significant and thriving industry worldwide. However, please note that the market dynamics may have evolved since then, so it is essential to consult more recent sources for the latest information. The commercial furniture market has been steadily growing due to the increasing demand for office spaces, hospitality establishments, healthcare facilities, and educational institutions. Additionally, the rise of coworking spaces and the trend towards flexible office setups have further fueled the demand for commercial furniture. The hospitality industry, including hotels, restaurants, and entertainment venues, has been a significant consumer of commercial furniture. The rise in tourism and increasing disposable income in various regions has contributed to the growth of this segment.
Top Companies in the Global Commercial Furniture Market:
Steelcase, Herman Miller, Haworth, HNI Corporation, Okamura Corporation, Kokuyo, ITOKI, Global Furniture Group, Teknion, Knoll, Kimball International, KI, Kinnarps Holding, Nowy Styl, Ahrend, Henglin Chair Industry, Flokk, Fursys, SUNON, Uchida Yoko, Changjiang Furniture Company, Sedus Stoll, EFG, Aurora, Bene AG, Quama, Martela, USM Modular Furniture, among others.
After studying key companies, the report focuses on the startups contributing to the market's growth. The report's authors identify possible mergers and acquisitions among the startups and key organizations in the study. Most companies in the Online Business Courses market are currently adopting new technologies, strategies, product developments, expansions, and long-term contracts to maintain their dominance in the global Online Business Courses market. With the advent of new technologies regularly, players are striving hard to incorporate the latest technology to gain a competitive edge above the rest.
Based on Types, the Global Commercial Furniture Market is Segmented into:
Seating
Tables
Casegood
Other
Based on Application, the Global Commercial Furniture Market is Segmented into:
Office
Hospitality
Education
Healthcare
Other
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Regions are covered by the Commercial Furniture Market Report 2023 to 2030
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
Geographical markets are of great importance for investors since a detailed report offers core areas to identify potential prospects. Strategic initiatives under regional analysis display mergers, acquisitions, collaborations, and joint ventures between key players. Innovation is been the driving force for these players and in the mode of business expansion, players are now leaping and investing in other ventures for mutual profits. Chapter-wise segmentation and data analysis are ensured for every region.
Historical Years: 2017-2022
Base Year: 2022
Estimated Year: 2022
Forecast Period: 2023-2030
Frequently Asked Questions About The Commercial Furniture Market
- What are the top trends in the Commercial Furniture market?
- What is the growth rate of the market?
- Which Is the Most potential Commercial Furniture market segment?
- Which are the top industry players in the Commercial Furniture market?
- Which region would offer high growth for vendors in the market?
Strategic Points Covered in Table of Content of Commercial Furniture Market:
1 Report Business Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.3 Market by Application
1.4 Study Objectives
1.5 Years Considered
2 Global Growth Trends
2.1 Global Commercial Furniture Market Perspective
2.2 Growth Trends by Region
2.3 Market Dynamics
2.3.1 Industry Trends
2.3.2 Market Drivers
2.3.3 Market Challenges
2.3.4 Market Restraints
3 Competition Landscape by Key Players
3.1 Global Commercial Furniture Sales by Manufacturers (2017-2023)
3.2 Global Commercial Furniture Revenue Market Share by Manufacturers (2017-2023)
3.3 Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Global Commercial Furniture Average Price by Manufacturers (2017-2023)
3.5 Manufacturers Commercial Furniture Sales Sites, Area Served, Product Type
3.6 Market Competitive Situation and Trends
3.6.1 Market Concentration Rate
3.6.2 Global 5 and 10 Largest Commercial Furniture Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4 Commercial Furniture Market Breakdown Data by Type
4.1 Global Historic Market Size by Type
4.2 Global Forecasted Market Size by Type
5 Commercial Furniture Market Breakdown Data by Application
5.1 Global Historic Market Size by Application
5.2 Global Forecasted Market Size by Application
6 North America
6.1 North America Market Size
6.2 North America Market Size by Type
6.3 North America Market Size by Application
6.4 North America Market Size by Country
7 Europe
7.1 Europe Market Size
7.2 Europe Market Size by Type
7.3 Europe Market Size by Application
7.4 Europe Market Size by Country
8 Asia-Pacific
9 Latin America
10 Middle East and Africa
11 Key Players Profiles
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Author Details
13.3 Disclaimer
Customization of the Report: This report can be customized as per your needs for additional data for up to 5 companies or 5 countries or nearly 40 analyst hours.
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