Global Office Furniture Market Overview: Industry Analysis, Value Share and Key Trends Analysis through 2017-2023

The global office furniture market is anticipated to flourish at a CAGR of 6.4% during the forecast period i.e. 2018-2023. In addition, the market is anticipated to reach USD 84.4 Billion by the end of 2023 from USD 53.5 Billion in 2017. Factors such as rising number of office spaces across the globe and increasing employment is believed to be the dynamic factor behind the growth of office furniture market during the forecast period. In the terms of regional platform, Asia Pacific accounted for highest market share in overall office furniture market in 2017 supported by expansion of MNCs companies in the region. In addition, growing number of startups are envisioned to bolster the growth of the market.  

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Segmentation

The research offers a comprehensive analysis of office furniture market with respect to following sub-markets:

By Product

  • Seating
    • Office Chairs
    • Guest Chairs
    • Stools
    • Sofa
    • Others
  • Storage Unit and Files
    • Bins & Shelves
    • Cabinets
    • Others
  • Workstation
    • Individual Workstation
    • Collaborative Workstation
    • Others
  • Tables
    • Conference Tables
    • Dining Tables
    • Occasional Tables
    • Others
  • Accessories

By Price Range

  • Premium
  • Medium
  • Economy

By Distribution Channel

  • Online Stores
  • Offline Stores

By Geography

  • North America (U.S. & Canada)
  • Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)
  • Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)
  • Latin America (Brazil, Mexico, Argentina and Rest of Latin America)
  • Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)

Competitive Landscape

The report profiles various major and niche market players such as

  • Herman Miller Inc.
  • Inter IKEA Group
  • Okamura Corporation
  • HNI Corporation
  • Knoll, Inc.
  • Steelcase Inc.
  • Haworth Inc.
  • Kokuyo Co Ltd.
  • Kimball International Inc.
  • Hooker Furniture
  • Other Major & Niche Players

Competitive landscape analysis provides detailed strategic analysis of the company’s business and performance such as financial information, revenue breakup by segment and by geography, SWOT Analysis, risk analysis, key facts, company overview, business strategy, key product offerings, marketing and distribution strategies, new product development, recent news (acquisition, expansion, technology development, research & development expansion and other market activities.

The study also provides company’s positioning and market share in office furniture market.

Timeline Considered for Analysis:

  • 2017- Base Year
  • 2018 – Estimated Year
  • 2019 to 2023 – Forecasted Year

Research Scope and Deliverables

Overview & Executive Summary

Market Drivers, Trends, Challenges and Opportunities

Market Size and Forecast Projections

Macroeconomic Indicators of Various Countries Impacting the Growth of the Market

Extensive Coverage of Industry Players including Recent Product Launches and Market Activities

Porter’s Five Force Analysis

Market Segmentation Analysis:

Industry report analyzes the global office furniture market by the following segments:

  • Product
  • Price Range
  • Distribution Channel

Geographic Market Analysis:

The report offers separate analysis of North America, Europe, Asia Pacific, Latin America and Middle East & Africa. In addition, further breakdown of market data and analysis of region into countries is covered in the report.

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Research Methodology

Market Definition and List of Abbreviations

  1. Executive Summary
  2. Growth Drivers & Issues in Global Office Furniture Market
  3. Global Office Furniture Market Trends
  4. Opportunities in Global Office Furniture Market
  5. Recent Industry Activities, 2017
  6. Porter’s Five Forces Analysis
  7. Market Value Chain and Supply Chain Analysis
  8. Global Office Furniture Market Size (USD Million), Growth Analysis and Forecast, (2017-2023)

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