Office Furniture Market, By Material Type, By Product Type, By End User (Corporate Offices, Government Offices, and Others, By Sales Channel, By Geography

Description

The office furniture market is estimated to be valued at USD 67.08 Bn in 2024 and is expected to reach USD 99.53 Bn by 2031, growing at a compound annual growth rate (CAGR) of 5.8% from 2024 to 2031.

Report Coverage		Report Details
Base Year:	2023	Market Size in 2024:	US$ 67.08 Bn
Historical Data for:	2019 To 2023	Forecast Period:	2024 To 2031
Forecast Period 2024 to 2031 CAGR:	5.80%	2031 Value Projection:	US$ 99.53 Bn

Figure. Office Furniture Market Share (%), By Region, 2024

Office furniture encompasses various furniture items used in an office environment. It primarily includes seating solutions such as office chairs, sofas, and stools, storage furniture like cabinets, file folders and storage racks, workstations and desks, and tables. The global office furniture market is driven by factors such as rapid urbanization, growth of modern workspaces, and inclination towards ergonomically designed furniture. With increased spends on offices infrastructure, commercial real estate, and work-from-home trend amidst the pandemic, the demand for office furniture is expected to rise steadily over the coming years.

Market Dynamics:

Rising construction of new commercial office spaces driven by the expanding corporate sector in developing nations presents a strong growth opportunity for office furniture suppliers globally. However, fluctuations in raw material prices and high cost of import duties on furniture items remain key challenges. Moreover, the increased adoption of work-from-home and hybrid work models post-COVID-19 has also impacted furniture procurement plans of many organizations. On the positive side, focus on employee well-being and productivity is translating to higher demand for ergonomic and adjustable furniture suited for varied work styles. Manufacturers leveraging online sales platforms and customization options stand to benefit from the evolving workplace trends.

Key Features of the Study:

This report provides an in-depth analysis of the global office furniture market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year.
It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market.
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
It profiles key players in the global office furniture market based on the following parameters company highlights, products portfolio, key highlights, financial performance, and strategies.
Key companies covered as a part of this study include Herman Miller Inc., HNI Corporation, Steelcase Inc., Haworth Inc., Knoll, Ashley home stores, Ltd., Global Furniture Group, Kimball International Inc., Okamura Corporation, Affordable Interior Systems, Inc., Itoki Corporation, Cherrypick India, Onyx Furniture, Alfa Furniture, Highmoon Home Furnitures Trading LLC, MR FURNITURE, ENTRAWOOD, Offix, Dious Furniture Group, and Sunon Furniture.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
The global office furniture market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global office furniture market.

Detailed Segmentation-

By Material Type:
- Metal
- Wood
- Plastic
- Glass
- Others (Steel, etc.)
By Product Type:
- Office & Auditorium Chairs and Seatings
- Desks & Tables
- Auditorium Podiums
- Others (Sofa, Dining Table, etc.)
By End User:
- Corporate Offices
- Government Offices
- Others (Factory Offices, etc.)
By Sales Channel:
- Retail Stores
- Specialty Stores
- Online Stores
- Others (Rental Stores, etc.)
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Company Profiles:
- Herman Miller Inc.
- HNI Corporation
- Steelcase Inc.
- Haworth Inc.
- Knoll
- Ashley home stores, Ltd.
- Global Furniture Group
- Kimball International Inc.
- Okamura Corporation
- Affordable Interior Systems, Inc.
- Itoki Corporation
- Cherrypick India
- Onyx Furniture
- Alfa Furniture
- Highmoon Home Furnitures Trading LLC
- MR FURNITURE
- ENTRAWOOD
- Offix
- Dious Furniture Group
- Sunon Furniture

Product Code: CMI4501

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snapshot, By Material Type
- Market Snapshot, By Product Type
- Market Snapshot, By End User
- Market Snapshot, By Sales Channel
- Market Snapshot, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
- Opportunities
Impact Analysis
Porter's Analysis
Industry Trends
Key Highlights
Epidemiology
Reimbursement Scenario
Regulatory Scenario
Product Launch and Approvals
Acquisition and Collaboration Scenario

4. Global Office Furniture Market - Impact of Coronavirus (COVID-19) Pandemic

Overall Impact
Government Initiatives
COVID-19 impact on the market

5. Global Office Furniture Market, By Material Type, 2019 - 2031, (USD Bn)

Overview
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Metal
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Wood
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Plastic
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Glass
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Others (Steel, etc.)
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)

6. Global Office Furniture Market, By Product Type, 2019 - 2031, (USD Bn)

Overview
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Office & Auditorium Chairs and Seatings
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Desks & Tables
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Auditorium Podiums
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Others (Sofa, Dining Table, etc.)
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)

7. Global Office Furniture Market, By End User, 2019 - 2031, (USD Bn)

Overview
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Corporate Offices
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Government Offices
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Others (Factory Offices, etc.)
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)

8. Global Office Furniture Market, By Sales Channel, 2019 - 2031, (USD Bn)

Overview
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Retail Stores
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Specialty Stores
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Online Stores
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Others (Rental Stores, etc.)
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)

9. Global Office Furniture Market, By Region, 2019 - 2031, (USD Bn)

Introduction
- Market Share Analysis, By Region, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2019-2031
- Regional Trends
  - North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Material Type, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Sales Channel, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 - 2031, (USD Bn)
  - U.S.
  - Canada
  - Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Material Type, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Sales Channel, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 - 2031, (USD Bn)
  - Brazil
  - Mexico
  - Argentina
  - Rest of Latin America
  - Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Material Type, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Sales Channel, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 - 2031, (USD Bn)
  - U.K.
  - Germany
  - Italy
  - France
  - Spain
  - Russia
  - Rest of Europe
  - Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Material Type, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Sales Channel, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 - 2031, (USD Bn)
  - China
  - India
  - Japan
  - ASEAN
  - Australia
  - South Korea
  - Rest of Asia Pacific
  - Middle East & Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Material Type, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Sales Channel, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 - 2031, (USD Bn)
  - GCC
  - Israel
  - Rest of Middle East

10. Competitive Landscape

Company Profiles
- Herman Miller Inc.
  - Company Highlights
  - Product Portfolio
  - Key Highlights
  - Financial Performance
  - Market Strategies
- HNI Corporation
- Steelcase Inc.
- Haworth Inc.
- Knoll
- Ashley home stores, Ltd.
- Global Furniture Group
- Kimball International Inc.
- Okamura Corporation
- Affordable Interior Systems, Inc.
- Itoki Corporation
- Cherrypick India
- Onyx Furniture
- Alfa Furniture
- Highmoon Home Furnitures Trading LLC
- MR FURNITURE
- ENTRAWOOD
- Offix
- Dious Furniture Group
- Sunon Furniture

11. Analyst View

Wheel of Fortune
Analyst View
Coherent Opportunity Map

12. References and Research Methodology

References
Research Methodology
About us and Sales Contact