Home Office Furniture Market Report 2025

The home office furniture market size has grown strongly in recent years. It will grow from $34.16 billion in 2024 to $37.18 billion in 2025 at a compound annual growth rate (CAGR) of 8.8%. The growth in the historic period can be attributed to emerging markets growth, increase in e-commerce activities, growth in the home remodeling sector, increased demand for eco-friendly furniture, increase in adoption of work from home, growth in world population, and COVID-19 pandemic.

The home office furniture market size is expected to see strong growth in the next few years. It will grow to $52.34 billion in 2029 at a compound annual growth rate (CAGR) of 8.9%. The growth in the forecast period can be attributed to the increasing number of office spaces, growth of the construction industry, growth in freelancing, and rising urbanization. Major trends in the forecast period include the use of natural materials in making furniture products to reduce its carbon footprint, merger and acquisition deals to broaden their product and services portfolios, focus on developing innovative products and solutions to enable their businesses to remain relevant in their markets while also growing and improving over time, focus on moving towards sustainable, eco-friendly materials in furniture design with new innovative products to strengthen their position in the market, developing smart furniture products to expand their product portfolio and to grow in the market, focus on a universal fixture system that uses 3d printed parts to simplify adjustments between product changeovers, and providing portable home office furniture to offer ease of mobility.

The growth of the home office furniture market is expected to be fueled by the increasing demand for office spaces. The heightened demand for products and services from expanding businesses necessitates additional office spaces to accommodate new employees. In a study conducted by Airwallex in October 2022 on 500 UK-based small and medium-sized enterprises (SMEs), it was found that 70% of businesses plan to expand into foreign markets in 2023. This expansion strategy translates to an increased need for office spaces, subsequently driving the growth of the home office furniture market.

The surge in freelancing is anticipated to drive the growth of the home office furniture market. Freelancers, seeking independence and flexibility in their work, contribute to the growing need for home offices and, consequently, the demand for home office furniture. According to Upwork's 2022 Freelance Forward survey, 39% of the US workforce, equivalent to 60 million Americans, engaged in freelance work, reflecting a rise from the previous year. This shift in work preferences has led to an increased demand for home office setups, acting as a driving force for the home office furniture market.

A key trend in the home office furniture market is the introduction of 3D modeling and technological innovations. Technologies such as 3D modeling, virtual reality, and augmented reality are being integrated into various processes in the furniture industry, from planning and prototyping to marketing and sales. For instance, Studio Oberhauser introduced Chair No. 1, a 3D-printed chair utilizing advanced concrete powder bed printing technology. This trend underscores the impact of technology on furniture aesthetics and digital inventories, catering to evolving customer needs.

Major companies in the home office furniture market are focusing on launching innovative products, such as modular home office furniture systems, to gain a competitive edge. These systems offer a flexible and customizable setup that includes items like desks, chairs, and accessories, allowing for easy reconfiguration to adapt to changing workspace needs. For instance, in November 2023, Studio Elk Ltd, a UK-based company, introduced Koru, a modular home office furniture system available through a subscription model. Koru is designed for flexibility and sustainability, enabling businesses to provide customizable, eco-friendly workspaces without the need for ownership, thus reducing waste and carbon footprint.

In May 2022, Steelcase Inc., a US-based furniture and home furnishings manufacturing company, acquired HALCON for approximately $127.5 million. This acquisition aims to expand Steelcase's portfolio by incorporating HALCON's finely crafted wood furniture, thereby enhancing its range of workplace solutions. Additionally, it seeks to drive HALCON's growth by improving global accessibility to its custom-designed products. HALCON specializes in manufacturing workplace and home office furniture.

Major companies operating in the home office furniture market include HNI Corporation, Ashley Furniture Industries Inc, Steelcase Inc, MillerKnoll Inc, Haworth Inc, OKAMURA Corporation, Godrej & Boyce Mfg. Co. Ltd., Ethan Allen Interiors Inc., Bernhardt Furniture Company Inc, Ntuple Furniture Co. Ltd., Bazhou Dowell Furniture Co. Ltd., Zhejiang Haoqiang Furniture Co. Ltd., Ceoffice Concepts, Epic Office Furniture, Khan & Co Furniture, Godrej Interio, Aspect Furniture Pty Ltd., Kokuyo Co. Ltd, BFX Furniture, Zeitraum, Dauphin HumanDesign Group, Dare Studio Ltd., Bisley Staverton Ltd., Elite Office Furniture UK Limited, Rosehill Furnishings, Ligne Roset, Gautier, Meble Vox Akimo Mebel, Art-Mat Meble, Des Sofa Line Sp. Z O.O., Felix, Slavonic Furniture Company, Chairry Contract Furniture Askia Furniture Brw, The Nowy Styl Group, Forte, Szynaka, Wojcik, Geometry Furniture, Alfa Vega, Unik Design SRL, Ralph Lauren Home, Knoll Inc., Bassett Furniture Industries, Inter Ikea Systems BV, Kimball International Inc., Ronbow, Kaemark, Manoir Llc, Berkshire Hathaway, Ashley HomeStores, Deeram Custom Furniture, Lil Angels Furniture Inc, Interoffice Argentina S.R.L., Boke Furniture, Merint Furniture Factory LLC, Intermetal Limited, Habitat Furniture Co. Ltd, Tajheezat, AlMukmal Furniture, National Furniture Manufacturing Co. Ltd., Marwan Services, Abu Torab Furniture, Al Maarifa Furniture Industry, Etalco International, Al Huzaifa Furniture, Steinhoff Manufacturing Ltd., Motani Lounge Ltd, Cantoni Lounge Pty Ltd, Cre8ive Interiors, DECOLAM (South Africa), Ausken International, Alno Associate Ltd, Karo Manufacturing (Pty) Ltd, Lifemate Group, Poltrona Frau.

North America was the largest region in the home office furniture market in 2024. Asia-Pacific is expected to grow faster in the forecast period. The regions covered in the home office furniture market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the home office furniture market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

Home and office furniture encompass any standalone piece of furniture used for various purposes, such as working from home, managing household budgets, or children completing school projects. This category includes items such as couches, sofas, non-decorative kitchenware, tables, chairs, and drawers.

The primary product categories within the home office furniture market include seating, storage units, desks and tables, and other miscellaneous items. Storage units, such as shelves and cabinets, are designed to fit well in home offices, providing space to store office files. Materials used in manufacturing home office furniture include wood, metal, plastic, and others. Prices for home office furniture vary across premium, mid-range, and economic segments. These products are distributed through various channels, including flagship stores, specialty stores, online platforms, and others.

The home office furniture market research report is one of a series of new reports that provides home office furniture market statistics, including home office furniture industry global market size, regional shares, competitors with a home office furniture market share, detailed home office furniture market segments, market trends and opportunities, and any further data you may need to thrive in the home office furniture industry. This home office furniture market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The home office furniture market consists of sales of linear and corner workstations, reception desks, chairs, polyvinyl chloride, glass, and elastic polymers. 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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