Contract Furniture Market Report 2026

The contract furniture market size has grown strongly in recent years. It will grow from $66.34 billion in 2025 to $70.22 billion in 2026 at a compound annual growth rate (CAGR) of 5.9%. The growth in the historic period can be attributed to expansion of commercial real estate projects, growth of corporate office spaces, rising demand from hospitality and healthcare sectors, increased institutional infrastructure development, adoption of standardized commercial furniture.

The contract furniture market size is expected to see strong growth in the next few years. It will grow to $89.93 billion in 2030 at a compound annual growth rate (CAGR) of 6.4%. The growth in the forecast period can be attributed to specification-driven furniture procurement growth, rising investments in green buildings, expansion of flexible office layouts, growing demand for long-life commercial furniture, increasing focus on circular furniture manufacturing models. Major trends in the forecast period include increasing demand for durable commercial furniture solutions, rising adoption of modular and flexible furniture designs, growing use of sustainable and certified materials, expansion of custom furniture for institutional spaces, enhanced focus on safety and compliance standards.

The expansion of commercial spaces worldwide is expected to drive the growth of the contract furniture market in the coming years. Commercial space broadly refers to real estate used for business and professional purposes. Contract furniture is specifically designed for public and high-traffic commercial environments such as offices, lobbies, and waiting areas, where durability and long-term use are essential. For example, in June 2023, according to a report published by Commercial Edge, a Canada-based commercial real estate software company, the average office listing rate in the United States reached $38.36 per square foot in 2023, reflecting a year-on-year increase of 2.1%. During the same period, the national office vacancy rate rose by 30 basis points to 17%. Additionally, office space under construction in the United States totaled 116.2 million square feet in 2023, representing 1.8% of total office stock. Therefore, the global rise in commercial spaces is contributing significantly to the growth of the contract furniture market.

Companies operating in the contract furniture market are increasingly focusing on innovative offerings such as modular collaborative furniture systems to address growing demand for flexible workplace layouts, hybrid work environments, and rapid space reconfiguration without extensive architectural modifications. These modular systems integrate mobile partitions, adaptable tables, and multi-height seating that can be easily rearranged into quiet areas, small meeting zones, or open collaboration spaces. Features such as casters for mobility, integrated storage, audiovisual mounts, and durable contract-grade finishes allow quick, tool-free changes and multifunctional use within the same footprint. For instance, in November 2024, Indiana Furniture Industries Inc., a US-based contract furniture manufacturer, introduced Synergy Collaborative, a collection of partitions, tables, and seating designed for modern hybrid and collaborative offices. The range includes mobile partitions with optional storage, television mounts, tackboards, dry-erase surfaces, planters, and shelving; freestanding or castered tables in soft-rectangle and view shapes available at seated, counter, and bar heights; coordinated stools and benches with contract-grade upholstery; and a wide selection of laminate and wood finishes. These products are manufactured in the United States using renewable and recyclable materials, comply with indoor air quality and mechanical durability standards, contribute toward LEED, Green Globes, and WELL certification points, and enable organizations to quickly adapt and personalize workspaces while meeting sustainability and specification requirements.

In December 2023, Furniture Marketing Group Inc., a US-based furniture distribution and marketing company, acquired Contract Associates Inc. for an undisclosed amount. Through this acquisition, Furniture Marketing Group aims to expand its presence in the Southwest region, broaden its customer base, and strengthen operational capabilities. Contract Associates Inc. is a US-based furniture solutions provider specializing in contract furniture sales, installation, and project management services.

Major companies operating in the contract furniture market are Inter IKEA Systems BV, Herman Miller Inc, Steelcase Inc, Haworth Inc, HNI Corporation, Okamura Corporation, Global Furniture Group, Knoll Inc, Kimball International, Kinnarps AB, OFS Brands Holdings Inc, Cabot Wrenn, Teknion Corporation, Pioneer Contract Furniture Ltd, Keilhauer Industries Ltd, Allseating Corporation, Allermuir Inc, Hauser Industries Inc, Jack Cartwright Inc, Carlick Contract Furniture Limited, Casala Limited.

North America was the largest region in the contract furniture market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the contract 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 contract furniture market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The contract furniture market consists of sales of outdoor benches, bookcases, acoustic booths, bedroom furniture, lounge furniture, and dining furniture. 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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