Office Chair Market Is Anticipated To Grow Owing To Increasing Demand For Multifunctional And Comfortable Office Chairs Globally Till 2021 | Million Insights
Factors that propel the market growth include ever increasing demand for multifunctional and comfortable office chairs owing to the high rates of commercial leases all over the world. In addition, vendors in the market are aiming to develop innovative products to generate new customer bases and offer efficient and cost-effective products.
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Moreover, the rising number of population and ultimately increasing number of employees is also fuelling the growth of the market. On the other hand, there are also factors that hamper the growth of the market such as occurrence of virtual workplace. With the infiltration of the internet and advances in technology, the concept of the virtual workspace has gained traction over the past few years. Such work environments decrease the necessity for employees to work at an immobile geographical point. The office chair market report is classified on the basis of product type, applications, distribution channel and geography.
Based on product type, the office chair market is classified as leather office chair, PU office chair, cloth office chair, plastic office chair, mesh cloth office chair and others. Based on application, the office chair market research report is classified as enterprise procurement, government procurement, school procurement and individual procurement.
Based on distribution channel, the office chair market research report is classified as retail outlets, online, wholesale outlet and others. Based of geography, the market is bifurcated into North America, Europe, Asia Pacific and Rest of the World. The North American region consists of the U.S., Canada and Mexico. The European region comprise Germany, France, England, Russia and Italy. Asia Pacific region consists of China, Japan, Korea, India and Southeast Asia. Rest of the World consists of Latin America and Middle East and Africa.
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In case of geographical region, North America is projected to account a major share in the global market. North American regions and Canada which are the major importers of furniture. The key factor that drives the growth of this region is owed to the increasing demand for office chairs owing to the growing real estate activity and the increase in the number of commercial properties. In addition, the increasing economy and the growing demand for office spaces are enhancing companies to invest in advanced office chairs, which will also fuel the growth of the market.
Some of the prominent players in the report include Steelcase, Herman Miller, Haworth, HNI Group, Okamura Corporation, Kimball Office, AURORA, Bristol, True Innovations, NowyStyl, SUNON GROUP, Knoll, UE Furniture, Quama Group, UB Office Systems, Kinnarps Holding, King Hong Industrial, KI, Global Group, Teknion, Kokuyo, AIS, Lifeform Furniture Manufacturing, and Foshan Long Ma Office Furniture.
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