Market Insights and Analysis: Global Office Furniture Market Overview and Projections (2024-2030)
The Global Office Furniture Market is estimated to grow at a CAGR of around 5% during the forecast period, i.e., 2024-30. The market growth is driven primarily by the swift expansion of the corporate sector owing to massive investments by governments of different countries worldwide in economic diversification, coupled with their favorable policies attracting substantial Foreign Direct Investments (FDIs) and the establishment of multinational companies’ start-ups.
Top leading companies in the Global Office Furniture Market includes:
Aurora Corporation, Fursys Inc., Global Furniture Group, HNI Corporation, Herman Miller, Haworth, Inc., Inaba Seisakusho Co. Ltd., Itoki Corp., Inter IKEA Systems B.V., Knoll Inc., Kimball International, Kokuyo Co. Ltd., Okamura Corporation, Steelcase Inc., Uchida Yoko Global Ltd., UE Furniture Co., 9to5 Seating.
Global Office Furniture Market Key Opportunity:
Growing Inclination Toward Modern Furniture to Fuel the Market – As design innovation in furniture are gaining swift momentum, organizations are seeking modern office furniture with aesthetic looks better space management affordability. It, in turn, is generating growth opportunities for the leading players in the Global Office Furniture Market to introduce new designs features in their product offerings. Besides, escalating demand for furniture that is easy to set up, install, and multifunctional is gaining rapid momentum worldwide playing a crucial role in contributing to the overall market growth during the forecast period.
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Report Segmentation:
The market is categorized into the following segments in the report:
By Material
-Plastic
-Wood
-Metal
-Glass
By Product
-Seating (Chairs/Bench/Sofa/Couch)
-System
-Table
-Storage Cabinets
-Other
By Distribution Channel
-Retail
-Direct to consumer
-E-Commerce
-Other.
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Global Office Furniture Market Geographic Reach:
The Geographic Reach of the Global Office Furniture Market evaluates the spread and significance of Global Office Furniture market consumption across different regions/country, emphasizing areas with the largest market size and the most promising growth potential.
- North America: The US, Canada, Mexico
- Europe: The UK, France, Germany, Italy, Spain, Rest of Europe
- Asia-Pacific: China, India, Japan, Australia, South Korea, Rest of Asia Pacific
- South America: Brazil
- Middle East Africa: UAE, Saudi Arabia, South Africa, Rest of Middle East Africa.
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