Institutional and Office Furniture Market Report 2026

The institutional and office furniture market size has grown strongly in recent years. It will grow from $255.77 billion in 2025 to $272.82 billion in 2026 at a compound annual growth rate (CAGR) of 6.7%. The growth in the historic period can be attributed to expansion of commercial office spaces, growth of institutional infrastructure, increasing corporate employment levels, rising adoption of standardized furniture solutions, availability of mass-produced furniture products.

The institutional and office furniture market size is expected to see strong growth in the next few years. It will grow to $362.34 billion in 2030 at a compound annual growth rate (CAGR) of 7.4%. The growth in the forecast period can be attributed to increasing hybrid and remote working trends, rising demand for flexible workspace solutions, expansion of green building initiatives, growing investments in smart office environments, increasing online furniture procurement. Major trends in the forecast period include growing demand for ergonomic furniture designs, rising adoption of modular office furniture, increasing use of sustainable materials, expansion of smart and connected furniture, enhanced focus on space optimization.

The increasing demand for online shopping is expected to drive the growth of the institutional and office furniture manufacturing market. Online shopping involves purchasing goods or services over the internet via digital platforms such as websites or mobile applications, allowing consumers to browse products, compare prices, place orders, and make secure electronic payments without visiting physical stores. The growth of online shopping is primarily fueled by widespread smartphone adoption and high-speed internet, making it easier and more convenient for consumers to browse, compare, and purchase products anytime and anywhere. Institutional and office furniture manufacturing supports online shopping by producing ergonomic workstations, storage systems, and logistics-ready office setups, enabling e-commerce companies to efficiently manage digital operations, customer support teams, and back-end order processing. For example, in August 2023, the United States Census Bureau reported that, compared to the second quarter of 2022, e-commerce estimates for the second quarter of 2023 increased by 7.5% (or 1.4%), while overall retail sales rose by 0.6% (or 0.4%). Therefore, the rising demand for online shopping is expected to propel the office furniture manufacturing market.

The growth of commercial real estate is also expected to drive the institutional and office furniture market in the coming years. Commercial real estate refers to properties primarily used for business or investment purposes rather than residential living. Expansion in commercial real estate increases the need for office spaces to accommodate businesses, startups, and corporate growth. These new office spaces require desks, chairs, conference tables, storage solutions, and other furniture. For instance, in June 2023, Motley Fool reported that industrial commercial real estate experienced the most substantial rent increase, with a growth rate of 10.3%, driven by high demand for logistics facilities and limited industrial property availability. Additionally, the vacancy rate for industrial real estate stands at 4.3%, one of the lowest among all commercial real estate categories. Consequently, the expansion of commercial real estate is driving the growth of the institutional and office furniture market.

Companies in the institutional and office furniture market are increasingly focusing on developing innovative, ergonomically designed furniture solutions to improve workplace efficiency and expand market share. These products prioritize functionality, modern aesthetics, and employee well-being to support evolving work environments and collaborative office layouts. For example, in July 2023, Knock on Wood LLC, a US-based company specializing in kitchen and bath design and remodeling, launched a new office furniture collection aimed at transforming modern workplaces and redefining collaboration in contemporary office settings. The collection features sleek desks, workstations, and meeting tables that combine practicality, style, and ergonomic design to boost productivity while enhancing the overall visual appeal of professional office environments.

Major companies operating in the institutional and office furniture market are HON Company, IKEA, Steelcase Inc., Kokuyo Co. Ltd., Okamura Corporation, Haworth Inc., Herman Miller Inc., HNI Corporation, Godrej & Boyce Mfg. Co. Ltd., Itoki Corporation, KI Furniture, Kimball International, National Office Furniture, OFS Brands, Sedus Stoll AG, Vitra, Allsteel Inc, Wilkhahn Wilkening+Hahne GmbH+Co., Teknion, Clarus Glassboards, Groupe Lacasse, Global Furniture Group, Boss Design, Nucraft Furniture, EFG European Furniture Group, Kinnarps Group, Bernhardt Design, Davis Furniture, Artelite, Falcon Products, Fantoni Spa, Friant, Girsberger, Gunlocke Company, Halcon, HBF, HOWE a/s, Humanscale, Jasper Group Brands.

Asia-Pacific was the largest region in the institutional and office furniture market in 2025. Western Europe was the second largest region in the institutional and office furniture market. The regions covered in the institutional and office furniture market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the institutional and office furniture market report are China, India, Japan, Australia, Indonesia, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, Taiwan, New Zealand, UK, Germany, France, Italy, Spain, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.

The institutional and office furniture market consists of sales of office chairs and tables, reception furniture, and retail sales. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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