openPR Logo
Press release

Office Furniture Market Expected to Witness Rapid Expansion by the End of 2022

02-02-2018 08:10 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

Fact.MR

Fact.MR

Businesses and technologies are changing constantly, hence a well-designed workplace should accommodate these changes. Manufacturers of office furniture are focusing on designing furniture with multimedia capability, boosting the performance in the workplace. The health of employees have started gaining importance in office furniture space, especially sitting for long hours in office is resulting in considerable strain on spine. Hence manufacturers are designing office furniture that can provide perfect posture, thereby minimizing the risk of sever back or spine problem. This report, compiled by Fact.MR, provides in-depth analysis of the global office furniture market for the forecast period 2017-2022, and offers key insights about future market direction.

Request For Sample Report- https://www.factmr.com/connectus/sample?flag=S&rep_id=280

Scope

The scope of Fact.MR’s report is to analyze the global office furniture market for the forecast period 2017-2022 and provide readers an unbiased and accurate analysis. Office furniture manufacturers, stakeholders, and suppliers in the global consumer goods sector can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading trade magazines and journals pertaining to office furniture.

In order to offer readers with up-to-date information about the latest advancements in the global office furniture market, the report provides updates about market opportunities, which can benefit leading manufacturers of office furniture. With continuous evolution of the consumer goods sector, keeping a record of latest developments and trends is fundamental for office furniture manufacturers to formulate key business strategies. Detailed insights about raw material sourcing, supply chain, pricing analysis, list of distributors, and cost structure are provided in this section.

The Fact.MR report provides an in-depth and segment-wise analysis and forecast of the global office furniture market. The report on office furniture market has been segmented into product type, sales channel, and region. This segmentation also offers detailed country-wise forecast on all the major parameters of the market.

Browse Full Report With TOC- https://www.factmr.com/report/280/office-furniture-market

4 Forecast Highlights on Global Office Furniture Market

1- Asia Pacific Excluding Japan (APEJ) is expected to remain dominant in the global office furniture market. Experiencing robust growth, APEJ office furniture market is estimated to reach close to US$ 14,800 million revenue by the end of 2022. APEJ is witnessing healthy growth due to the increasing number of commercial complexes, tech parks and expansion of MNCs in the region.

2- North America is expected to emerge as the second most lucrative market in the global office furniture market. Owing to the increasing adoption of innovative technologies in the region and change in overall operations, companies in the region are shifting towards the furniture that can meet their specific needs.

3- Office chairs are expected to emerge as one of the most used and preferred products in the office furniture market. Office chairs are projected to gain around one-third of the revenue share by 2017 end. Towards the end of 2022, office chairs are estimated to bring in nearly US$ 8,900 million revenue.

4- Office furniture sales through retail stores are expected to be highest during the forecast period 2017-2022. Retail stores as a sales channel is likely to experience above-average growth throughout the forecast period. Meanwhile, direct to consumer is also expected to witness steady growth. It is projected to create incremental opportunity exceeding US$ 1,800 million between 2017 and 2022.

Competition Tracking

The report offers a detailed profile of various companies that are expected to remain active in the expansion of global office furniture market through 2022, which include Herman Miller Inc., Steelcase Inc., Knoll, Inc., Okamura Corp, HNI Corporation, Uchida Yoko Co., Ltd, INABA SEISAKUSHO Co., Ltd, Itoki Corp, Fursys, Inc., and UE Furniture Co., Ltd.

About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

Contact Us
Fact.MR
Suite 9884
27 Upper Pembroke Street,
Dublin 2, Ireland
Telephone: +353-1-6111-593
Email: sales@factmr.com/
Web: https://www.factmr.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Office Furniture Market Expected to Witness Rapid Expansion by the End of 2022 here

News-ID: 927939 • Views:

More Releases from Fact.MR

Vegan Flavors Market Is Slated To Reach US$ 18,324.3 Million At A CAGR Of 5.2% B …
The global vegan flavor market is estimated to be valued at US$ 11,078.2 million in 2024 and is forecast to reach a value of US$ 18,324.3 million by 2034, with a projected CAGR of 5.2% from 2024 to 2034 owing to the rising popularity of plant-based diets. The Vegan Flavor Industry sales study offers a comprehensive analysis on diverse features including production capacities, Vegan Flavor demand, product developments, sales revenue generation
Pesticide Inert Ingredients Market Is Projected To Reach A Value Of US$ 13,167.2 Million By 2034: Fact.MR Report
Pesticide Inert Ingredients Market Is Projected To Reach A Value Of US$ 13,167.2 …
The global pesticide inert ingredients market is estimated to attain a valuation of US$ 7,621.2 million in 2024. During the forecast period, 2024-2034, the demand for pesticide-inert ingredients is expected to advance at a 5.6% CAGR globally. By 2034, the industry is expected to have grown to a valuation of US$ 13,167.2 million in size. The Pesticide Inert Ingredients Industry sales study offers a comprehensive analysis on diverse features including production
Portable Bluetooth Speaker Market Is Projected To Reach A Value Of US$ 20,521 Million At A CAGR Of 10.6% By 2034
Portable Bluetooth Speaker Market Is Projected To Reach A Value Of US$ 20,521 Mi …
The global portable bluetooth speaker market is estimated to be valued at US$ 7,521.6 million in 2024. The market is anticipated to reach US$ 20,521 million by 2034, with a projected CAGR of 10.6% from 2024 to 2034. The Portable Bluetooth Speaker Industry sales study offers a comprehensive analysis on diverse features including production capacities, Portable Bluetooth Speaker demand, product developments, sales revenue generation and Portable Bluetooth Speaker market outlook
Atrial Fibrillation Device Market to Attain US$ 24.76 Billion at 14.3% CAGR by 2034: Fact.MR Report
03-29-2024 | Health & Medicine
Fact.MR
Atrial Fibrillation Device Market to Attain US$ 24.76 Billion at 14.3% CAGR by 2 …
The global atrial fibrillation devices market (心房細動装置市場) size stands at a valuation of US$ 6.52 billion in 2024, with forecasts predicting a surge to US$ 24.76 billion by the conclusion of 2034. Sales of atrial fibrillation devices worldwide are expected to witness an impressive compound annual growth rate (CAGR) of 14.3% from 2024 to 2034. In recent years, the global healthcare landscape has witnessed a significant surge in the prevalence of

All 5 Releases


More Releases for Office

MTC Office Relocations London Will Help Your Office Move
London, UK – 24 June 2021 - MTC Office Relocations London is offering the best office relocation services on the market – the right combination of price and quality indeed. Whenever it comes to office relocation, odds are, you are going to be off looking for the most reliable ways to make the most from your needs as well as requirements. Be that the case, chances are, you will be off
Open Up Office Virtual Office & Coworking Sapces
We are the Open Up Office family. The “Customer” and “Solution” based company, Open Up Office was founded in May 2011 and since then adding value by the services it offers to its business partners. Open Up Office is a community of entrepreneurs and creative professionals. In the Open Up Office where you develop your ideas and are free to work, it is our job to support your creativity and cooperation. Our clients
Office Chairs Market Report 2018: Segmentation by Product (Leather Office Chair, …
Global Office Chairs market research report provides company profile for HNI Group, Okamura Corporation, Kimball Office, AURORA, TopStar, Bristol, True Innovations, Steelcase, Herman Miller, Haworth and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc.
Office Interiors: Latest and Exciting Office Design Trends
Perfect and well-designed office improves the ability and performance of employees As the battle for talent becomes more and more competitive, companies are concentrating only on staff retention and increasing productivity. Another way to compete for retention is investing in the office environment. And, the environment majorly depends on the interior design of the office. Improved communication support and cloud services have made easier for teams to work on projects without meeting
Office Cleaning Sacramento launches 'Clean Office. Happy Office' Campaign
Sacramento, California, USA. April 22, 2012: Office Cleaning Sacramento, one of the leading commercial cleaning services in Sacramento, has announced the launch of its brand new 'Clean Office. Happy Office' campaign and reach out to the various commercial establishments in the city more proactively. The aim of the campaign is to encourage the commercial establishments in the city to provide for a better environment and healthy working conditions to their
The moving office website, Help Moving Office, offers businesses a valuable Offi …
Help Moving Office, the moving office website, is pleased to announce the launch of its new Office Removals Checklist to help companies manage the actual office removals process. The physical move is a crucial element of the office relocation process – and is very often the part on which the whole office move project gets judged. The essential Office Removals Checklist is the easiest way to get everything done