The global office furniture market was valued at US$ 74,428.57 Mn in 2019, and is expected to reach US$ 96,642.94 Mn by 2027, exhibiting a CAGR of 3.1% during the forecast period.
The Office Furniture Market report provides insightful data about the Office Furniture industry, identifies key challenges, opportunities, and joint actions taken at local, regional, level, and shares other market crucial information to the market participants. The global office furniture market was valued at US$ 74,428.57 Mn in 2019, and is expected to reach US$ 96,642.94 Mn by 2027, exhibiting a CAGR of 3.1% during the forecast period. Office furniture is gaining more importance nowadays with the continuous expansion in business environment in both developing and under-developed nations across the globe. The rise in number of makeover and modification projects in emerging economies such as Japan, China, and India is fueling the growth of the market.
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The emerging economies such as India is undergoing industrialization and economic development, which is leading to infrastructural transformation. For instance, according to the World Bank Group, per capita income in Asia Pacific was US$ 10,368 in 2017, which increased by 3.85% from 2016. Office buildings are being considered as real estate assets, as they provide income and growth opportunities. Moreover, growth of the private sector is leading to increasing office infrastructures for micro, small & medium enterprises (MSME). Moreover with focus on construction of new offices, enterprises are also focusing on alteration and renovation of existing offices. The refurbishment of offices require investments on new office furniture.
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Key players operating in the Global Office Furniture Market :
Knoll Inc., LLC., HNI Corporation, Herman Miller, Inc., Teknion Corporation, Kimball International Inc., Berco Designs, Kokuyo Co., Ltd., Haworth Inc., Okamura Corporation, and Steelcase Inc.
Regional Analysis:
– North America (U.S., Canada, Mexico)
– Europe (U.K., France, Germany, Spain, Italy, Central & Eastern Europe, CIS)
– Asia Pacific (China, Japan, South Korea, ASEAN, India, Rest of Asia Pacific)
– Latin America (Brazil, Rest of L.A.)
– Middle East and Africa (Turkey, GCC, Rest of Middle East)
Segments covered:
- By Material Type: Metal, Wood, Plastic, and Others
- By Product Type: Storage Units, Seating, Desks & Tables, Workstation, and Accessories
- By Price Range: Premium, Economic, and Medium
- By End User: Corporate Offices, Government Offices, and Others
- By Distribution Channel: Online and Offline
Office Furniture Market research report offers:
- Market definition of the Office Furniture market along with the analysis of different influencing factors like drivers, restraints, and opportunities.
- Extensive research on the competitive landscape of Office Furniture .
- Identification and analysis of micro and macro factors that are and will effect on the growth of the market.
- A comprehensive list of key market players operating in the Office Furniture market.
- Analysis of the different market segments such as type, size, applications, and end-users.
- It offers a descriptive analysis of demand-supply chaining in the Office Furniture market.
- Statistical analysis of some significant economics facts
- Figures, charts, graphs, pictures to describe the market clearly.
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Table of Contents
Office Furniture Market Research Report
Chapter 1 Office Furniture Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Office Furniture Market Forecast
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