Press release
Global Home Office Furniture Market to grow at a CAGR of 5.58% by 2022
The concept of home offices soared while the world was dwindling in financial crunch during 2008-2009 and the Eurozone debt crisis in 2011-2012. The demand for home office furniture increased worldwide, especially in the Americas and European countries. The increased penetration of desktop computers demands for respective furniture set up that includes at least a chair and a desktop table. Besides being used as an office, home offices are used for other purposes. Therefore, the furniture set up demands such customization that it conceals files and other office equipment while not in use. Therefore, multi-functional versatile furniture are gaining popularity over other home office furniture.
Global home office furniture market to grow at a CAGR of 5.58% during the period 2014-2019.
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Covered in this Report
This report covers the present scenario and the growth prospects of the global home office furniture market for the period 2015-2019. To calculate the market size, the report considers revenue generated from the retail sales of the following types of home office furniture:
• Seating
• Systems
• Tables
• Storage units and files
• Others
Technavio's report, Global Home Office Furniture Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers Europe, North America, APAC, and MEA; it also covers the global home office furniture market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key Geography
• APAC
• Europe
• MEA
• North America
Key Vendors
• Ashley Furniture Industries
• Inter IKEA Group
• Sears Holdings
• Steelcase
Other Prominent Vendors
• Haworth
• Herman Miller
• HNI
• Kimball International
• Knoll
• KOKUYO Furniture
• Masco
• Poltrona Frau
Market Driver
• Rise in Entrepreneurship and Work from Home
• For a full, detailed list, view our report
Market Challenge
• Rise in Price of Raw Materials
• For a full, detailed list, view our report
Market Trend
• Development of Multi-functional Furniture
• For a full, detailed list, view our report
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