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Home Office Furniture Market Expected to Hit a Valuation of USD 49.1 Billion During 2025-2033 | CAGR of 5.8%

12-05-2024 11:34 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Home Office Furniture Market Expected to Hit a Valuation of USD

The latest report by IMARC Group, titled "๐‡๐จ๐ฆ๐ž ๐Ž๐Ÿ๐Ÿ๐ข๐œ๐ž ๐…๐ฎ๐ซ๐ง๐ข๐ญ๐ฎ๐ซ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ข๐ณ๐ž, ๐’๐ก๐š๐ซ๐ž, ๐š๐ง๐ ๐“๐ซ๐ž๐ง๐๐ฌ ๐›๐ฒ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ ๐“๐ฒ๐ฉ๐ž, ๐Œ๐š๐ญ๐ž๐ซ๐ข๐š๐ฅ ๐“๐ฒ๐ฉ๐ž, ๐๐ซ๐ข๐œ๐ž ๐‘๐š๐ง๐ ๐ž, ๐ƒ๐ข๐ฌ๐ญ๐ซ๐ข๐›๐ฎ๐ญ๐ข๐จ๐ง ๐‚๐ก๐š๐ง๐ง๐ž๐ฅ, ๐‘๐ž๐ ๐ข๐จ๐ง, ๐š๐ง๐ ๐…๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ“-๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ‘," provides an extensive analysis of the home office furniture market trends. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry.

๐‡๐จ๐ฐ ๐๐ข๐  ๐ข๐ฌ ๐ญ๐ก๐ž ๐‡๐จ๐ฆ๐ž ๐Ž๐Ÿ๐Ÿ๐ข๐œ๐ž ๐…๐ฎ๐ซ๐ง๐ข๐ญ๐ฎ๐ซ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ?

The global home office furniture market size was valued at ๐”๐’๐ƒ ๐Ÿ๐Ÿ—.๐Ÿ‘ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง in 2024. Looking forward, IMARC Group estimates the market to reach ๐”๐’๐ƒ ๐Ÿ’๐Ÿ—.๐Ÿ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง by 2033, exhibiting a ๐‚๐€๐†๐‘ ๐จ๐Ÿ ๐Ÿ“.๐Ÿ–% from 2025-2033.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ- https://www.imarcgroup.com/home-office-furniture-market/requestsample

๐‡๐จ๐ฆ๐ž ๐Ž๐Ÿ๐Ÿ๐ข๐œ๐ž ๐…๐ฎ๐ซ๐ง๐ข๐ญ๐ฎ๐ซ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ƒ๐ฒ๐ง๐š๐ฆ๐ข๐œ๐ฌ:

๐‘๐ข๐ฌ๐ข๐ง๐  ๐ƒ๐ž๐ฆ๐š๐ง๐ ๐ƒ๐ฎ๐ž ๐ญ๐จ ๐‡๐ฒ๐›๐ซ๐ข๐ ๐š๐ง๐ ๐‘๐ž๐ฆ๐จ๐ญ๐ž ๐–๐จ๐ซ๐ค ๐Œ๐จ๐๐ž๐ฅ๐ฌ:

Among various factors, it is the increasing number of hybrid and remote work arrangements that is a significant factor in the expansion of the home office furniture market. With firms permitting flexible working practices, it is evident that workers are buying ergonomic and practical furniture for their home to improve the quality of their performance.

The diversity of work needs and the variety of work spaces available, has made adjustable desks, ergonomic chairs, and modular storage units highly sought after. Moreover, as concern for health related issues such as poor posture gain traction, customers are becoming more selective of the furniture they purchase with respect to the manufacturers. In addition, the incorporation of smart furniture features, including adjustable height and charging capabilities, are also stimulating advances in this market, thus ensuring that demand will continue.

๐†๐ซ๐จ๐ฐ๐ข๐ง๐  ๐๐ซ๐ž๐Ÿ๐ž๐ซ๐ž๐ง๐œ๐ž ๐Ÿ๐จ๐ซ ๐’๐ฎ๐ฌ๐ญ๐š๐ข๐ง๐š๐›๐ฅ๐ž ๐š๐ง๐ ๐€๐ž๐ฌ๐ญ๐ก๐ž๐ญ๐ข๐œ ๐ƒ๐ž๐ฌ๐ข๐ ๐ง๐ฌ:

These trends in the home office furniture market are caused primarily by homes incorporating stylish and eco-friendly designs. The eco-friendly types of buildings are starting to be a major contributing factor in the buyers' decisions as they prefer items made from eco-friendly material such as bamboo, reclaimed timber and synthetic metals. This also pushes the manufacturers to go green with their production processes.

At the same time, the consumers of the modern world want to achieve the goal of beautifying their interior as well as maintaining the purpose of the furniture that is why minimalist and personalization tendencies are on the rise. These trends are not only satisfying the physical requirements of the people but also the emotional and psychological preferences of the people allowing for a sustained growth in the market, as tallied by the number of revenues amassed by the company.

๐„๐ฑ๐ฉ๐š๐ง๐ฌ๐ข๐จ๐ง ๐จ๐Ÿ ๐„-๐‚๐จ๐ฆ๐ฆ๐ž๐ซ๐œ๐ž ๐š๐ง๐ ๐ƒ๐ข๐ซ๐ž๐œ๐ญ-๐ญ๐จ-๐‚๐จ๐ง๐ฌ๐ฎ๐ฆ๐ž๐ซ ๐‚๐ก๐š๐ง๐ง๐ž๐ฅ๐ฌ:

As sustainable furniture made out of bamboo, reclaimed wood and recycled metals becomes in high demand so do eco-friendly manufacturers which is reshaping the market for home office furniture. They accomplish this by seeking out pieces that have a purely functional purpose. The illustration and endorsement of a particular style is common as customers are able to custom order pieces manufactured based on their specifications. Online shoppers can find different products within a few clicks. Customers are also able to take advantage of direct to customer brands which offer up to date office furniture at reasonable prices. This fuels even more competition among other home office furniture manufacturers pushing for innovations in design and mass production.

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐Ž๐ฎ๐ญ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ญ๐ฌ ๐Ÿ๐จ๐ซ ๐๐ซ๐จ๐œ๐ก๐ฎ๐ซ๐ž ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ๐ฌ, ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง, ๐š๐ง๐ ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ข๐ž๐ฌ ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž: https://www.imarcgroup.com/request?type=report&id=4439&flag=C

๐†๐ฅ๐จ๐›๐š๐ฅ ๐‡๐จ๐ฆ๐ž ๐Ž๐Ÿ๐Ÿ๐ข๐œ๐ž ๐…๐ฎ๐ซ๐ง๐ข๐ญ๐ฎ๐ซ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ:

Traditional business models are becoming more and more irrelevant in the home office furniture industry as the market itself is in continuous state of flux. Furniture intended for urban living, especially modular types, is becoming more and more popular. Almost every urban apartment is small and requires special design considerations. The elegant addition of wireless chargers and built-in cable management has made modern workspaces feel more technologically advanced.

In addition, and as a consequence of covid, furniture influenced by the mental health movement and biophilic design is becoming more widely available. Retailers and manufacturers are investing in customization and personalization of their products since every buyer has different aesthetic and functional needs. These trends demonstrate the ever vibrant response of the market towards the evolution of modern office space.

๐“๐จ๐ฉ ๐‡๐จ๐ฆ๐ž ๐Ž๐Ÿ๐Ÿ๐ข๐œ๐ž ๐…๐ฎ๐ซ๐ง๐ข๐ญ๐ฎ๐ซ๐ž ๐Œ๐š๐ง๐ฎ๐Ÿ๐š๐œ๐ญ๐ฎ๐ซ๐ž๐ซ๐ฌ:

โ€ข Ashley Furniture Industries Inc.
โ€ข Haworth Inc.
โ€ข Herman Miller Inc.
โ€ข HNI Corporation
โ€ข Inter IKEA Systems B.V.
โ€ข Kimball International Inc.
โ€ข Knoll Inc
โ€ข KOKUYO Co. Ltd.
โ€ข Okamura Corporation
โ€ข Steelcase Inc.
โ€ข Teknion Corporation

๐‡๐จ๐ฆ๐ž ๐Ž๐Ÿ๐Ÿ๐ข๐œ๐ž ๐…๐ฎ๐ซ๐ง๐ข๐ญ๐ฎ๐ซ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ ๐“๐ฒ๐ฉ๐ž:

โ€ข Seating
โ€ข Storage Units and File Cabinets
โ€ข Desks and Tables
โ€ข Others

Seating represented the largest segment due to the essential nature of chairs and seating arrangements in home offices, where comfort and ergonomics are paramount for prolonged work hours.

๐๐ฒ ๐Œ๐š๐ญ๐ž๐ซ๐ข๐š๐ฅ ๐“๐ฒ๐ฉ๐ž:

โ€ข Wood
โ€ข Metal
โ€ข Plastic
โ€ข Glass
โ€ข Others

Wood represented the largest segment due to its timeless appeal, durability, and versatility in furniture design, appealing to consumers seeking both aesthetic and functional qualities in their home office furniture.

๐๐ฒ ๐๐ซ๐ข๐œ๐ž ๐‘๐š๐ง๐ ๐ž:

โ€ข Low
โ€ข Medium
โ€ข High

The medium represented the largest segment as it strikes a balance between affordability and quality, catering to a broad spectrum of consumers looking for durable and functional home office furniture without breaking the bank.

๐๐ฒ ๐ƒ๐ข๐ฌ๐ญ๐ซ๐ข๐›๐ฎ๐ญ๐ข๐จ๐ง ๐‚๐ก๐š๐ง๐ง๐ž๐ฅ:

โ€ข Supermarkets and Hypermarkets
โ€ข Specialty Stores
โ€ข Online Stores
โ€ข Others

Specialty stores represented the largest segment due to they offer a wide range of specialized home office furniture options, providing consumers with expert advice and a curated selection tailored to their specific needs and preferences.

๐๐ฒ ๐‘๐ž๐ ๐ข๐จ๐ง:

โ€ข North America (United States, Canada)
โ€ข Europe (Germany, France, United Kingdom, Italy, Spain, Others)
โ€ข Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
โ€ข Latin America (Brazil, Mexico, Others)
โ€ข Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Europe's dominance in the home office furniture market is attributed to factors such as high levels of urbanization, a strong emphasis on design and aesthetics, and a growing trend towards remote work, driving demand for home office furniture across various European countries.

๐๐จ๐ญ๐ž: ๐’๐ก๐จ๐ฎ๐ฅ๐ ๐ฒ๐จ๐ฎ ๐ซ๐ž๐ช๐ฎ๐ข๐ซ๐ž ๐ฌ๐ฉ๐ž๐œ๐ข๐Ÿ๐ข๐œ ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐ง๐จ๐ญ ๐ข๐ง๐œ๐ฅ๐ฎ๐๐ž๐ ๐ข๐ง ๐ญ๐ก๐ž ๐œ๐ฎ๐ซ๐ซ๐ž๐ง๐ญ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ, ๐ฐ๐ž ๐š๐ซ๐ž ๐ฉ๐ฅ๐ž๐š๐ฌ๐ž๐ ๐ญ๐จ ๐จ๐Ÿ๐Ÿ๐ž๐ซ ๐œ๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง ๐จ๐ฉ๐ญ๐ข๐จ๐ง๐ฌ ๐ญ๐จ ๐ฆ๐ž๐ž๐ญ ๐ฒ๐จ๐ฎ๐ซ ๐ง๐ž๐ž๐๐ฌ.

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐’:

IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:

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.

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