United States Home Office Furniture Market Size to Reach US$ 8.0 Billion by 2028

 According to the latest report by IMARC Group, titled "United States Home Office Furniture Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028," The United States home office furniture market size reached US$ 5.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 8.0 Billion by 2028, exhibiting a growth rate (CAGR) of 5.53% during 2023-2028. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.

Industry Definition and Application:

Multipurpose furniture pieces are a part of home office furnishings and are used to set up remote or at-home workspaces in a professional manner. The furniture units are ergonomically designed and used for seating, installing personal computers, storing and filing papers and documents, etc. Home office furniture is widely used by employees, professionals, and entrepreneurs, and comprises of computers, writing corner desks, tables, chairs, drawers, couches, bookshelves, etc. They are usually produced using durable materials, such as wood, steel, plastic, etc. Home office furniture are available in various aesthetically appealing styles and finishes that are lightweight, comfortable, portable, minimalist, etc.

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United States Home Office Furniture Market Trends and Drivers: 

The sudden COVID-19 pandemic outbreak and organizations' growing use of the work-from-home (WFH) model are the main factors driving the US home office furniture market. Furthermore, the growing popularity of e-commerce retail channels and online furniture stores is also propelling the product demand. Besides this, numerous product manufacturers and vendors are utilizing celebrity endorsements and efficient engagement campaigns to improve brand awareness, which is further augmenting the market growth. Additionally, the launch of technologically advanced smart furniture that are integrated with sensors to improve productivity, comfort, posture, etc., is acting as another significant growth-inducing factor. In the coming years, the rapid development of sustainable and non-toxic coatings, coupled with the advent of furniture rental services, is further anticipated to bolster the United States home office furniture market.

Report Segmentation:

The report has segmented the market on the basis on region, product, material type, price range, distribution channel.

Breakup by Product:

Seating
Storage Units and File Cabinets
Desks and Tables
Others

Breakup by Material Type:

Wood
Metal
Plastic
Glass
Others

Breakup by Price Range:

Low
Medium
High

Breakup by Distribution Channel:

Supermarkets and Hypermarkets
Specialty Stores
Online Stores
Others

Breakup by Region:

Northeast
Midwest
South
West

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