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Office Furniture Global Market Insights 2024, Analysis and Forecast to 2029, by Manufacturers, Regions, Technology, Product Type

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    Report

  • 116 Pages
  • November 2024
  • Region: Global
  • Prof Research
  • ID: 5729610
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Quick Summary:

Delve deep into the intricate and ever-evolving dynamics of the global Office Furniture market with this comprehensive industry report. Filled with a wealth of data, this report will equip you with insider knowledge on market trends, key players, and regional analysis to enhance decision-making and strategic planning. Enrich your understanding of this diverse industry sector, sourced from reliable data spanning the globe.

This report provides an in-depth study of market leaders, from renowned companies like Steelcase Inc., Herman Miller, and Knoll, to smaller yet pivotal players in the market. Uncover crucial insights through our thorough company profiles, SWOT analyses, and detailed information on sales volume, price, revenue, and more. With sector segmentation including panel-based and freestanding furniture, seating, storage, and tables, this report comprehensively covers all aspects of the office furniture market. Thereby bridging the gap between your business expansion objectives and the ongoing trends of the industry.

The global office furniture market is poised for significant growth in the coming years, driven by the shift towards modern workplace environments, increasing demand for ergonomic solutions, and the rising trend of coworking spaces. As businesses focus on employee well-being and productivity, the design and functionality of office furniture are becoming increasingly important. The market is expected to expand as companies invest in redesigning their workspaces to foster collaboration and innovation.

Market Size

As of 2023, the global office furniture market is valued at approximately $60 billion and is projected to reach around $82 billion by 2029, growing at a compound annual growth rate (CAGR) of 5.5%. This growth can be attributed to the increasing investments in commercial real estate, the rise in the number of startups, and the growing emphasis on arranging efficient office spaces.

Market Share & Trends Analysis

By Product Type

The office furniture market can be segmented into various product types, including:
  • Desks and Workstations
  • Chairs
  • Conference Tables
  • File Cabinets
  • Office Accessories
Among these segments, the chairs category holds the largest share, accounting for approximately 45% of the market due to the rising awareness about ergonomic seating solutions.

By Key Players

Some of the key players in the office furniture market include:
  • Steelcase Inc.
  • Herman Miller, Inc.
  • Haworth, Inc.
  • Knoll, Inc.
  • Global Furniture Group
  • Humanscale Corporation
  • Siemens AG
  • These companies are focusing on innovation, sustainability, and product diversification to capture a larger market share.

By Process

The market can be analyzed based on the production processes which include:
  • Custom Production
  • Standard Production
  • Semi-custom Production
  • Custom production is gaining popularity as businesses invest in personalized furniture solutions that meet their specific needs.

By Application

In terms of application, the office furniture market is segmented into:
  • Corporate Offices
  • Home Offices
  • Government Offices
  • Educational Institutions
  • Healthcare Facilities
  • Corporate offices are the largest consumers of office furniture, accounting for over 55% of the market share.

By End-Use

The end-use segments comprise:
  • Small and Medium Enterprises (SMEs)
  • Large Enterprises
  • Public Sector
  • Large enterprises constitute a significant share of the market due to their larger workforce and greater investment in office setups.

By Region

The office furniture market is geographically segmented into:
  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa
North America leads the market with a share of around 40%, followed by Europe. The Asia-Pacific region is expected to witness the highest growth rate during the forecast period due to the rapid urbanization and increase in office setups in emerging economies like India and China.

Market News on Policy and Companies

Recent developments in the office furniture market include a strong push for sustainability. Many manufacturers are adopting eco-friendly materials and sustainable sourcing practices in response to growing consumer preferences for environmentally responsible products.
Furthermore, innovative technologies such as smart furniture, which integrates technology with traditional furniture, are entering the market, providing enhanced functionalities. Companies such as Steelcase and Herman Miller are leading the charge in integrating technology with furniture to improve user experience and workplace productivity.

Segment Forecasts (2024 - 2029)

Product Type Forecast

By 2029, it is anticipated that the desks and workstations segment will show significant growth due to the shift towards open office layouts that promote collaboration.

Regional Forecast

The Asia-Pacific region is projected to exhibit the highest CAGR of about 6.5%, driven mainly by rapid economic development, urbanization, and an increasing number of startups.

Key Players' Initiatives

Key manufacturers are expected to increase their focus on product innovation and sustainability, introducing new designs and environmentally friendly solutions to stay competitive in the marketplace.

Conclusion

The office furniture market shows promising growth potential from 2024 to 2029, driven by changing workplace dynamics, an emphasis on ergonomics, and technological advancements. Stakeholders should pay attention to trends toward sustainability and the increasing popularity of customizable solutions to effectively capture market opportunities.


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Table of Contents

Chapter 1 Executive SummaryChapter 2 Abbreviation and Acronyms
Chapter 3 Preface
3.1 Research Scope
3.2 Research Sources
3.2.1 Data Sources
3.2.2 Assumptions
3.3 Research Method
Chapter 4 Market Landscape
4.1 Market Overview
4.2 Classification/Types
4.3 Application/End Users
Chapter 5 Market Trend Analysis
5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Threats
5.6 COVID-19 Impact
Chapter 6 Industry Chain Analysis
6.1 Upstream/Suppliers Analysis
6.2 Office Furniture Analysis
6.2.1 Technology Analysis
6.2.2 Cost Analysis
6.2.3 Market Channel Analysis
6.3 Downstream Buyers/End Users
Chapter 7 Latest Market Dynamics
7.1 Latest News
7.2 Merger and Acquisition
7.3 Planned/Future Project
7.4 Policy Dynamics
Chapter 8 Trading Analysis
8.1 Export of Office Furniture by Region
8.2 Import of Office Furniture by Region
8.3 Balance of Trade
Chapter 9 Historical and Forecast Office Furniture Market in North America (2019-2029)
9.1 Office Furniture Market Size
9.2 Office Furniture Demand by End Use
9.3 Competition by Players/Suppliers
9.4 Type Segmentation and Price
9.5 Key Countries Analysis
9.5.1 United States
9.5.2 Canada
9.5.3 Mexico
Chapter 10 Historical and Forecast Office Furniture Market in South America (2019-2029)
10.1 Office Furniture Market Size
10.2 Office Furniture Demand by End Use
10.3 Competition by Players/Suppliers
10.4 Type Segmentation and Price
10.5 Key Countries Analysis
10.5.1 Brazil
10.5.2 Argentina
10.5.3 Chile
10.5.4 Peru
Chapter 11 Historical and Forecast Office Furniture Market in Asia & Pacific (2019-2029)
11.1 Office Furniture Market Size
11.2 Office Furniture Demand by End Use
11.3 Competition by Players/Suppliers
11.4 Type Segmentation and Price
11.5 Key Countries Analysis
11.5.1 China
11.5.2 India
11.5.3 Japan
11.5.4 South Korea
11.5.5 Southeast Asia
11.5.6 Australia
Chapter 12 Historical and Forecast Office Furniture Market in Europe (2019-2029)
12.1 Office Furniture Market Size
12.2 Office Furniture Demand by End Use
12.3 Competition by Players/Suppliers
12.4 Type Segmentation and Price
12.5 Key Countries Analysis
12.5.1 Germany
12.5.2 France
12.5.3 United Kingdom
12.5.4 Italy
12.5.5 Spain
12.5.6 Belgium
12.5.7 Netherlands
12.5.8 Austria
12.5.9 Poland
12.5.10 Russia
Chapter 13 Historical and Forecast Office Furniture Market in MEA (2019-2029)
13.1 Office Furniture Market Size
13.2 Office Furniture Demand by End Use
13.3 Competition by Players/Suppliers
13.4 Type Segmentation and Price
13.5 Key Countries Analysis
13.5.1 Egypt
13.5.2 Israel
13.5.3 South Africa
13.5.4 Gulf Cooperation Council Countries
13.5.5 Turkey
Chapter 14 Summary For Global Office Furniture Market (2019-2024)
14.1 Office Furniture Market Size
14.2 Office Furniture Demand by End Use
14.3 Competition by Players/Suppliers
14.4 Type Segmentation and Price
Chapter 15 Global Office Furniture Market Forecast (2024-2029)
15.1 Office Furniture Market Size Forecast
15.2 Office Furniture Demand Forecast
15.3 Competition by Players/Suppliers
15.4 Type Segmentation and Price Forecast
Chapter 16 Analysis of Global Key Vendors
16.1 Steelcase Inc.
16.1.1 Company Profile
16.1.2 Main Business and Office Furniture Information
16.1.3 SWOT Analysis of Steelcase Inc.
16.1.4 Steelcase Inc. Office Furniture Sales, Revenue, Price and Gross Margin (2019-2024)
16.2 Haworth
16.2.1 Company Profile
16.2.2 Main Business and Office Furniture Information
16.2.3 SWOT Analysis of Haworth
16.2.4 Haworth Office Furniture Sales, Revenue, Price and Gross Margin (2019-2024)
16.3 Herman Miller
16.3.1 Company Profile
16.3.2 Main Business and Office Furniture Information
16.3.3 SWOT Analysis of Herman Miller
16.3.4 Herman Miller Office Furniture Sales, Revenue, Price and Gross Margin (2019-2024)
16.4 Knoll
16.4.1 Company Profile
16.4.2 Main Business and Office Furniture Information
16.4.3 SWOT Analysis of Knoll
16.4.4 Knoll Office Furniture Sales, Revenue, Price and Gross Margin (2019-2024)
16.5 The Global Group
16.5.1 Company Profile
16.5.2 Main Business and Office Furniture Information
16.5.3 SWOT Analysis of The Global Group
16.5.4 The Global Group Office Furniture Sales, Revenue, Price and Gross Margin (2019-2024)
16.6 Kimball International
16.6.1 Company Profile
16.6.2 Main Business and Office Furniture Information
16.6.3 SWOT Analysis of Kimball International
16.6.4 Kimball International Office Furniture Sales, Revenue, Price and Gross Margin (2019-2024)
16.7 Krueger International Inc. (KI)
16.7.1 Company Profile
16.7.2 Main Business and Office Furniture Information
16.7.3 SWOT Analysis of Krueger International Inc. (KI)
16.7.4 Krueger International Inc. (KI) Office Furniture Sales, Revenue, Price and Gross Margin (2019-2024)
16.8 Teknion Corporation
16.8.1 Company Profile
16.8.2 Main Business and Office Furniture Information
16.8.3 SWOT Analysis of Teknion Corporation
16.8.4 Teknion Corporation Office Furniture Sales, Revenue, Price and Gross Margin (2019-2024)
16.9 HNI Corporation
16.9.1 Company Profile
16.9.2 Main Business and Office Furniture Information
16.9.3 SWOT Analysis of HNI Corporation
16.9.4 HNI Corporation Office Furniture Sales, Revenue, Price and Gross Margin (2019-2024)
List of Tables and Figures
Table Abbreviation and Acronyms List
Table Research Scope of Office Furniture Report
Table Data Sources of Office Furniture Report
Table Major Assumptions of Office Furniture Report
Figure Market Size Estimated Method
Figure Major Forecasting Factors
Figure Office Furniture Picture
Table Office Furniture Classification
Table Office Furniture Applications List
Table Drivers of Office Furniture Market
Table Restraints of Office Furniture Market
Table Opportunities of Office Furniture Market
Table Threats of Office Furniture Market
Table COVID-19 Impact For Office Furniture Market
Table Raw Materials Suppliers List
Table Different Production Methods of Office Furniture
Table Cost Structure Analysis of Office Furniture
Table Key End Users List
Table Latest News of Office Furniture Market
Table Merger and Acquisition List
Table Planned/Future Project of Office Furniture Market
Table Policy of Office Furniture Market
Table 2019-2029 Regional Export of Office Furniture
Table 2019-2029 Regional Import of Office Furniture
Table 2019-2029 Regional Trade Balance
Figure 2019-2029 Regional Trade Balance
Table 2019-2029 North America Office Furniture Market Size and Market Volume List
Figure 2019-2029 North America Office Furniture Market Size and CAGR
Figure 2019-2029 North America Office Furniture Market Volume and CAGR
Table 2019-2029 North America Office Furniture Demand List by Application
Table 2019-2024 North America Office Furniture Key Players Sales List
Table 2019-2024 North America Office Furniture Key Players Market Share List
Table 2019-2029 North America Office Furniture Demand List by Type
Table 2019-2024 North America Office Furniture Price List by Type
Table 2019-2029 United States Office Furniture Market Size and Market Volume List
Table 2019-2029 United States Office Furniture Import & Export List
Table 2019-2029 Canada Office Furniture Market Size and Market Volume List
Table 2019-2029 Canada Office Furniture Import & Export List
Table 2019-2029 Mexico Office Furniture Market Size and Market Volume List
Table 2019-2029 Mexico Office Furniture Import & Export List
Table 2019-2029 South America Office Furniture Market Size and Market Volume List
Figure 2019-2029 South America Office Furniture Market Size and CAGR
Figure 2019-2029 South America Office Furniture Market Volume and CAGR
Table 2019-2029 South America Office Furniture Demand List by Application
Table 2019-2024 South America Office Furniture Key Players Sales List
Table 2019-2024 South America Office Furniture Key Players Market Share List
Table 2019-2029 South America Office Furniture Demand List by Type
Table 2019-2024 South America Office Furniture Price List by Type
Table 2019-2029 Brazil Office Furniture Market Size and Market Volume List
Table 2019-2029 Brazil Office Furniture Import & Export List
Table 2019-2029 Argentina Office Furniture Market Size and Market Volume List
Table 2019-2029 Argentina Office Furniture Import & Export List
Table 2019-2029 Chile Office Furniture Market Size and Market Volume List
Table 2019-2029 Chile Office Furniture Import & Export List
Table 2019-2029 Peru Office Furniture Market Size and Market Volume List
Table 2019-2029 Peru Office Furniture Import & Export List
Table 2019-2029 Asia & Pacific Office Furniture Market Size and Market Volume List
Figure 2019-2029 Asia & Pacific Office Furniture Market Size and CAGR
Figure 2019-2029 Asia & Pacific Office Furniture Market Volume and CAGR
Table 2019-2029 Asia & Pacific Office Furniture Demand List by Application
Table 2019-2024 Asia & Pacific Office Furniture Key Players Sales List
Table 2019-2024 Asia & Pacific Office Furniture Key Players Market Share List
Table 2019-2029 Asia & Pacific Office Furniture Demand List by Type
Table 2019-2024 Asia & Pacific Office Furniture Price List by Type
Table 2019-2029 China Office Furniture Market Size and Market Volume List
Table 2019-2029 China Office Furniture Import & Export List
Table 2019-2029 India Office Furniture Market Size and Market Volume List
Table 2019-2029 India Office Furniture Import & Export List
Table 2019-2029 Japan Office Furniture Market Size and Market Volume List
Table 2019-2029 Japan Office Furniture Import & Export List
Table 2019-2029 South Korea Office Furniture Market Size and Market Volume List
Table 2019-2029 South Korea Office Furniture Import & Export List
Table 2019-2029 Southeast Asia Office Furniture Market Size List
Table 2019-2029 Southeast Asia Office Furniture Market Volume List
Table 2019-2029 Southeast Asia Office Furniture Import List
Table 2019-2029 Southeast Asia Office Furniture Export List
Table 2019-2029 Australia Office Furniture Market Size and Market Volume List
Table 2019-2029 Australia Office Furniture Import & Export List
Table 2019-2029 Europe Office Furniture Market Size and Market Volume List
Figure 2019-2029 Europe Office Furniture Market Size and CAGR
Figure 2019-2029 Europe Office Furniture Market Volume and CAGR
Table 2019-2029 Europe Office Furniture Demand List by Application
Table 2019-2024 Europe Office Furniture Key Players Sales List
Table 2019-2024 Europe Office Furniture Key Players Market Share List
Table 2019-2029 Europe Office Furniture Demand List by Type
Table 2019-2024 Europe Office Furniture Price List by Type
Table 2019-2029 Germany Office Furniture Market Size and Market Volume List
Table 2019-2029 Germany Office Furniture Import & Export List
Table 2019-2029 France Office Furniture Market Size and Market Volume List
Table 2019-2029 France Office Furniture Import & Export List
Table 2019-2029 United Kingdom Office Furniture Market Size and Market Volume List
Table 2019-2029 United Kingdom Office Furniture Import & Export List
Table 2019-2029 Italy Office Furniture Market Size and Market Volume List
Table 2019-2029 Italy Office Furniture Import & Export List
Table 2019-2029 Spain Office Furniture Market Size and Market Volume List
Table 2019-2029 Spain Office Furniture Import & Export List
Table 2019-2029 Belgium Office Furniture Market Size and Market Volume List
Table 2019-2029 Belgium Office Furniture Import & Export List
Table 2019-2029 Netherlands Office Furniture Market Size and Market Volume List
Table 2019-2029 Netherlands Office Furniture Import & Export List
Table 2019-2029 Austria Office Furniture Market Size and Market Volume List
Table 2019-2029 Austria Office Furniture Import & Export List
Table 2019-2029 Poland Office Furniture Market Size and Market Volume List
Table 2019-2029 Poland Office Furniture Import & Export List
Table 2019-2029 Russia Office Furniture Market Size and Market Volume List
Table 2019-2029 Russia Office Furniture Import & Export List
Table 2019-2029 MEA Office Furniture Market Size and Market Volume List
Figure 2019-2029 MEA Office Furniture Market Size and CAGR
Figure 2019-2029 MEA Office Furniture Market Volume and CAGR
Table 2019-2029 MEA Office Furniture Demand List by Application
Table 2019-2024 MEA Office Furniture Key Players Sales List
Table 2019-2024 MEA Office Furniture Key Players Market Share List
Table 2019-2029 MEA Office Furniture Demand List by Type
Table 2019-2024 MEA Office Furniture Price List by Type
Table 2019-2029 Egypt Office Furniture Market Size and Market Volume List
Table 2019-2029 Egypt Office Furniture Import & Export List
Table 2019-2029 Israel Office Furniture Market Size and Market Volume List
Table 2019-2029 Israel Office Furniture Import & Export List
Table 2019-2029 South Africa Office Furniture Market Size and Market Volume List
Table 2019-2029 South Africa Office Furniture Import & Export List
Table 2019-2029 Gulf Cooperation Council Countries Office Furniture Market Size and Market Volume List
Table 2019-2029 Gulf Cooperation Council Countries Office Furniture Import & Export List
Table 2019-2029 Turkey Office Furniture Market Size and Market Volume List
Table 2019-2029 Turkey Office Furniture Import & Export List
Table 2019-2024 Global Office Furniture Market Size List by Region
Table 2019-2024 Global Office Furniture Market Size Share List by Region
Table 2019-2024 Global Office Furniture Market Volume List by Region
Table 2019-2024 Global Office Furniture Market Volume Share List by Region
Table 2019-2024 Global Office Furniture Demand List by Application
Table 2019-2024 Global Office Furniture Demand Market Share List by Application
Table 2019-2024 Global Office Furniture Key Vendors Sales List
Table 2019-2024 Global Office Furniture Key Vendors Sales Share List
Figure 2019-2024 Global Office Furniture Market Volume and Growth Rate
Table 2019-2024 Global Office Furniture Key Vendors Revenue List
Figure 2019-2024 Global Office Furniture Market Size and Growth Rate
Table 2019-2024 Global Office Furniture Key Vendors Revenue Share List
Table 2019-2024 Global Office Furniture Demand List by Type
Table 2019-2024 Global Office Furniture Demand Market Share List by Type
Table 2019-2024 Regional Office Furniture Price List
Table 2024-2029 Global Office Furniture Market Size List by Region
Table 2024-2029 Global Office Furniture Market Size Share List by Region
Table 2024-2029 Global Office Furniture Market Volume List by Region
Table 2024-2029 Global Office Furniture Market Volume Share List by Region
Table 2024-2029 Global Office Furniture Demand List by Application
Table 2024-2029 Global Office Furniture Demand Market Share List by Application
Table 2024-2029 Global Office Furniture Key Vendors Sales List
Table 2024-2029 Global Office Furniture Key Vendors Sales Share List
Figure 2024-2029 Global Office Furniture Market Volume and Growth Rate
Table 2024-2029 Global Office Furniture Key Vendors Revenue List
Figure 2024-2029 Global Office Furniture Market Size and Growth Rate
Table 2024-2029 Global Office Furniture Key Vendors Revenue Share List
Table 2024-2029 Global Office Furniture Demand List by Type
Table 2024-2029 Global Office Furniture Demand Market Share List by Type
Table 2024-2029 Office Furniture Regional Price List
Table Steelcase Inc. Information
Table SWOT Analysis of Steelcase Inc.
Table 2019-2024 Steelcase Inc. Office Furniture Sale Volume Price Cost Revenue
Figure 2019-2024 Steelcase Inc. Office Furniture Sale Volume and Growth Rate
Figure 2019-2024 Steelcase Inc. Office Furniture Market Share
Table Haworth Information
Table SWOT Analysis of Haworth
Table 2019-2024 Haworth Office Furniture Sale Volume Price Cost Revenue
Figure 2019-2024 Haworth Office Furniture Sale Volume and Growth Rate
Figure 2019-2024 Haworth Office Furniture Market Share
Table Herman Miller Information
Table SWOT Analysis of Herman Miller
Table 2019-2024 Herman Miller Office Furniture Sale Volume Price Cost Revenue
Figure 2019-2024 Herman Miller Office Furniture Sale Volume and Growth Rate
Figure 2019-2024 Herman Miller Office Furniture Market Share
Table Knoll Information
Table SWOT Analysis of Knoll
Table 2019-2024 Knoll Office Furniture Sale Volume Price Cost Revenue
Figure 2019-2024 Knoll Office Furniture Sale Volume and Growth Rate
Figure 2019-2024 Knoll Office Furniture Market Share
Table The Global Group Information
Table SWOT Analysis of The Global Group
Table 2019-2024 The Global Group Office Furniture Sale Volume Price Cost Revenue
Figure 2019-2024 The Global Group Office Furniture Sale Volume and Growth Rate
Figure 2019-2024 The Global Group Office Furniture Market Share
Table Kimball International Information
Table SWOT Analysis of Kimball International
Table 2019-2024 Kimball International Office Furniture Sale Volume Price Cost Revenue
Figure 2019-2024 Kimball International Office Furniture Sale Volume and Growth Rate
Figure 2019-2024 Kimball International Office Furniture Market Share
Table Krueger International Inc. (KI) Information
Table SWOT Analysis of Krueger International Inc. (KI)
Table 2019-2024 Krueger International Inc. (KI) Office Furniture Sale Volume Price Cost Revenue
Figure 2019-2024 Krueger International Inc. (KI) Office Furniture Sale Volume and Growth Rate
Figure 2019-2024 Krueger International Inc. (KI) Office Furniture Market Share
Table Teknion Corporation Information
Table SWOT Analysis of Teknion Corporation
Table 2019-2024 Teknion Corporation Office Furniture Sale Volume Price Cost Revenue
Figure 2019-2024 Teknion Corporation Office Furniture Sale Volume and Growth Rate
Figure 2019-2024 Teknion Corporation Office Furniture Market Share
Table HNI Corporation Information
Table SWOT Analysis of HNI Corporation
Table 2019-2024 HNI Corporation Office Furniture Sale Volume Price Cost Revenue
Figure 2019-2024 HNI Corporation Office Furniture Sale Volume and Growth Rate
Figure 2019-2024 HNI Corporation Office Furniture Market Share

Companies Mentioned

  • Steelcase Inc.
  • Haworth
  • Herman Miller
  • Knoll
  • The Global Group
  • Kimball International
  • Krueger International Inc. (KI)
  • Teknion Corporation
  • HNI Corporation

Methodology

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