Office furniture consists of specific furniture designed for office applications such as individual workstations, meetings, lounges, and cafeterias. Wood, steel, plastic, glass, and other materials are used in manufacturing office furniture. The major factors that aid in the growth of the global furniture market are increasing population, high global penetration of organized retail, and rapidly growing real estate industry across the globe. The growth in the market is expected to be driven by a growing demand for premium, ready-to-assemble, eco-friendly, and designer furniture.
Technavio’s analysts forecast the global office furniture market to grow at a CAGR of 3.71% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global office furniture market for 2017-2021. To calculate the market size, the report considers the new installations value market.
The market is divided into the following segments based on geography: • Americas • APAC • EMEA
Technavio’s report, Global Office Furniture Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors • Herman Miller • HNI • KOKUYO • Okamura • Steelcase
Other prominent vendors • 9to5 Seating • AFC SYSTEMS • BERCO DESIGNS • Clarin • Creative Wood • Global Upholstery Solutions • Godrej & Boyce • KI • Kimball International • Kinnarps • Knoll • Meridian Office Group • Sedus • Teknion • Wipro Furniture Business
Market driver • Growing demand for modern, luxury furniture • For a full, detailed list, view our report
Market challenge • High transportation cost and freight loss • For a full, detailed list, view our report
Market trend • Developing innovative and cost-effective products • For a full, detailed list, view our report
Key questions answered in this report • What will the market size be in 2021 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space?
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Abstract Office Furniture Systems Procurement in the US This report is intended to assist buyers of office furniture systems for a business or commercial office setting. Office furniture systems, of which cubicles are the most well-known, are bundles of work surfaces, shelves, panels and other items sold in...
125 pages •
By The Business Research Company
• Feb 2018
Executive Summary Office Furniture comprise companies engaged in producing office furniture and/or office and store fixtures. The furniture may be assembled or unassembled. The global office furniture market was valued at $117.1 billion in 2017. Asia Pacific was the largest geographic region accounting for $52.1 billion or 44.5%...
85 pages •
By Infiniti Research Limited
• Aug 2017
About Furniture Furniture is generally used for symbolic or decorative purposes. Wood, steel, plastic, glass, and many other materials are used in making furniture. It is built with some specific functionality like sleeping, studying, eating, and seating. Convenience and comfort play an important role in a consumer’s hectic lifestyle...
Overview of the world office furniture market Part I reviews the world market, the major producing countries and the status and prospects of world trade of office furniture including a world trade matrix. CSIL forecasts of growth of demand in 2015-2017 by country and by...