Global office furniture market 2024-2028

Description

List of Tables

The office furniture market is forecasted to grow by USD 28602.9 mn during 2023-2028, accelerating at a CAGR of 6.15% during the forecast period. The report on the office furniture market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in number of office spaces worldwide, increasing online retailing of office furniture, and rising demand for luxury office furniture.

Technavio's office furniture market is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	5.7%
CAGR	6.15%
Incremental Value	$28602.9mn

By Distribution Channel

Offline
Online

By End-user

Commercial office furniture
Home office furniture

By Product

Seating
Systems
Tables
Storage units and files
Overhead bins

By Geographical Landscape

APAC
North America
Europe
South America
Middle East and Africa

This study identifies the growing popularity of smart multipurpose office furniture as one of the prime reasons driving the office furniture market growth during the next few years. Also, increasing number of new product launches and increasing adoption of eco-friendly office furniture will lead to sizable demand in the market.

The report on the office furniture market covers the following areas:

Office furniture market sizing
Office furniture market forecast
Office furniture market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading office furniture market vendors that include Flokk AS, Global Furniture Group, Godrej and Boyce Manufacturing Co. Ltd., Haworth Inc., HNI Corp., Hooker Furniture Corp., Inter IKEA Holding B.V., KI, Kimball International Inc., Kinnarps AB, KOKUYO Co. Ltd., Konig Neurath AG, Meridian Office Furniture Ltd., MillerKnoll Inc., Okamura Corp., Reecan, Schiavello International, Sedus Stoll AG, Steelcase Inc., and Teknion Group. Also, the office furniture market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR40968

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by Distribution Channel
- Executive Summary - Chart on Market Segmentation by End-user
- Executive Summary - Chart on Market Segmentation by Product
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
2.2 Market characteristics
- Market characteristics analysis
2.3 Value chain analysis
- Value Chain Analysis

3 Market Sizing

3.1 Market definition
- Offerings of companies included in the market definition
3.2 Market segment analysis
- Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ million)
- Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global Office Furniture Market 2018 - 2022
- Historic Market Size - Data Table on Global Office Furniture Market 2018 - 2022 ($ million)
4.2 Distribution Channel segment analysis 2018 - 2022
- Historic Market Size - Distribution Channel Segment 2018 - 2022 ($ million)
4.3 End-user segment analysis 2018 - 2022
- Historic Market Size - End-user Segment 2018 - 2022 ($ million)
4.4 Product segment analysis 2018 - 2022
- Historic Market Size - Product Segment 2018 - 2022 ($ million)
4.5 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.6 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Distribution Channel

6.1 Market segments
- Chart on Distribution Channel - Market share 2023-2028 (%)
- Data Table on Distribution Channel - Market share 2023-2028 (%)
6.2 Comparison by Distribution Channel
- Chart on Comparison by Distribution Channel
- Data Table on Comparison by Distribution Channel
6.3 Offline - Market size and forecast 2023-2028
- Chart on Offline - Market size and forecast 2023-2028 ($ million)
- Data Table on Offline - Market size and forecast 2023-2028 ($ million)
- Chart on Offline - Year-over-year growth 2023-2028 (%)
- Data Table on Offline - Year-over-year growth 2023-2028 (%)
6.4 Online - Market size and forecast 2023-2028
- Chart on Online - Market size and forecast 2023-2028 ($ million)
- Data Table on Online - Market size and forecast 2023-2028 ($ million)
- Chart on Online - Year-over-year growth 2023-2028 (%)
- Data Table on Online - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Distribution Channel
- Market opportunity by Distribution Channel ($ million)
- Data Table on Market opportunity by Distribution Channel ($ million)

7 Market Segmentation by End-user

7.1 Market segments
- Chart on End-user - Market share 2023-2028 (%)
- Data Table on End-user - Market share 2023-2028 (%)
7.2 Comparison by End-user
- Chart on Comparison by End-user
- Data Table on Comparison by End-user
7.3 Commercial office furniture - Market size and forecast 2023-2028
- Chart on Commercial office furniture - Market size and forecast 2023-2028 ($ million)
- Data Table on Commercial office furniture - Market size and forecast 2023-2028 ($ million)
- Chart on Commercial office furniture - Year-over-year growth 2023-2028 (%)
- Data Table on Commercial office furniture - Year-over-year growth 2023-2028 (%)
7.4 Home office furniture - Market size and forecast 2023-2028
- Chart on Home office furniture - Market size and forecast 2023-2028 ($ million)
- Data Table on Home office furniture - Market size and forecast 2023-2028 ($ million)
- Chart on Home office furniture - Year-over-year growth 2023-2028 (%)
- Data Table on Home office furniture - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by End-user
- Market opportunity by End-user ($ million)
- Data Table on Market opportunity by End-user ($ million)

8 Market Segmentation by Product

8.1 Market segments
- Chart on Product - Market share 2023-2028 (%)
- Data Table on Product - Market share 2023-2028 (%)
8.2 Comparison by Product
- Chart on Comparison by Product
- Data Table on Comparison by Product
8.3 Seating - Market size and forecast 2023-2028
- Chart on Seating - Market size and forecast 2023-2028 ($ million)
- Data Table on Seating - Market size and forecast 2023-2028 ($ million)
- Chart on Seating - Year-over-year growth 2023-2028 (%)
- Data Table on Seating - Year-over-year growth 2023-2028 (%)
8.4 Systems - Market size and forecast 2023-2028
- Chart on Systems - Market size and forecast 2023-2028 ($ million)
- Data Table on Systems - Market size and forecast 2023-2028 ($ million)
- Chart on Systems - Year-over-year growth 2023-2028 (%)
- Data Table on Systems - Year-over-year growth 2023-2028 (%)
8.5 Tables - Market size and forecast 2023-2028
- Chart on Tables - Market size and forecast 2023-2028 ($ million)
- Data Table on Tables - Market size and forecast 2023-2028 ($ million)
- Chart on Tables - Year-over-year growth 2023-2028 (%)
- Data Table on Tables - Year-over-year growth 2023-2028 (%)
8.6 Storage units and files - Market size and forecast 2023-2028
- Chart on Storage units and files - Market size and forecast 2023-2028 ($ million)
- Data Table on Storage units and files - Market size and forecast 2023-2028 ($ million)
- Chart on Storage units and files - Year-over-year growth 2023-2028 (%)
- Data Table on Storage units and files - Year-over-year growth 2023-2028 (%)
8.7 Overhead bins - Market size and forecast 2023-2028
- Chart on Overhead bins - Market size and forecast 2023-2028 ($ million)
- Data Table on Overhead bins - Market size and forecast 2023-2028 ($ million)
- Chart on Overhead bins - Year-over-year growth 2023-2028 (%)
- Data Table on Overhead bins - Year-over-year growth 2023-2028 (%)
8.8 Market opportunity by Product
- Market opportunity by Product ($ million)
- Data Table on Market opportunity by Product ($ million)

9 Customer Landscape

9.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

10 Geographic Landscape

10.1 Geographic segmentation
- Chart on Market share By Geographical Landscape 2023-2028 (%)
- Data Table on Market share By Geographical Landscape 2023-2028 (%)
10.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
10.3 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)
10.4 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ million)
- Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
10.5 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
10.6 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ million)
- Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)
10.7 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
10.8 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ million)
- Data Table on US - Market size and forecast 2023-2028 ($ million)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
10.9 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ million)
- Data Table on China - Market size and forecast 2023-2028 ($ million)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)
10.10 Japan - Market size and forecast 2023-2028
- Chart on Japan - Market size and forecast 2023-2028 ($ million)
- Data Table on Japan - Market size and forecast 2023-2028 ($ million)
- Chart on Japan - Year-over-year growth 2023-2028 (%)
- Data Table on Japan - Year-over-year growth 2023-2028 (%)
10.11 Germany - Market size and forecast 2023-2028
- Chart on Germany - Market size and forecast 2023-2028 ($ million)
- Data Table on Germany - Market size and forecast 2023-2028 ($ million)
- Chart on Germany - Year-over-year growth 2023-2028 (%)
- Data Table on Germany - Year-over-year growth 2023-2028 (%)
10.12 France - Market size and forecast 2023-2028
- Chart on France - Market size and forecast 2023-2028 ($ million)
- Data Table on France - Market size and forecast 2023-2028 ($ million)
- Chart on France - Year-over-year growth 2023-2028 (%)
- Data Table on France - Year-over-year growth 2023-2028 (%)
10.13 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ million)
- Data Tables on Market opportunity By Geographical Landscape ($ million)

11 Drivers, Challenges, and Opportunity/Restraints

11.1 Market drivers
11.2 Market challenges
11.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
11.4 Market opportunities/restraints

12 Competitive Landscape

12.1 Overview
12.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
12.3 Landscape disruption
- Overview on factors of disruption
12.4 Industry risks
- Impact of key risks on business

13 Competitive Analysis

13.1 Companies profiled
- Companies covered
13.2 Market positioning of companies
- Matrix on companies position and classification
13.3 Flokk AS
- Flokk AS - Overview
- Flokk AS - Product / Service
- Flokk AS - Key offerings
13.4 Global Furniture Group
- Global Furniture Group - Overview
- Global Furniture Group - Product / Service
- Global Furniture Group - Key offerings
13.5 Godrej and Boyce Manufacturing Co. Ltd.
- Godrej and Boyce Manufacturing Co. Ltd. - Overview
- Godrej and Boyce Manufacturing Co. Ltd. - Product / Service
- Godrej and Boyce Manufacturing Co. Ltd. - Key offerings
13.6 Haworth Inc.
- Haworth Inc. - Overview
- Haworth Inc. - Product / Service
- Haworth Inc. - Key offerings
13.7 HNI Corp.
- HNI Corp. - Overview
- HNI Corp. - Business segments
- HNI Corp. - Key offerings
- HNI Corp. - Segment focus
13.8 Hooker Furniture Corp.
- Hooker Furniture Corp. - Overview
- Hooker Furniture Corp. - Business segments
- Hooker Furniture Corp. - Key offerings
- Hooker Furniture Corp. - Segment focus
13.9 Inter IKEA Holding B.V.
- Inter IKEA Holding B.V. - Overview
- Inter IKEA Holding B.V. - Product / Service
- Inter IKEA Holding B.V. - Key offerings
13.10 Kimball International Inc.
- Kimball International Inc. - Overview
- Kimball International Inc. - Product / Service
- Kimball International Inc. - Key offerings
13.11 KOKUYO Co. Ltd.
- KOKUYO Co. Ltd. - Overview
- KOKUYO Co. Ltd. - Business segments
- KOKUYO Co. Ltd. - Key offerings
- KOKUYO Co. Ltd. - Segment focus
13.12 Konig Neurath AG
- Konig Neurath AG - Overview
- Konig Neurath AG - Product / Service
- Konig Neurath AG - Key offerings
13.13 Meridian Office Furniture Ltd.
- Meridian Office Furniture Ltd. - Overview
- Meridian Office Furniture Ltd. - Product / Service
- Meridian Office Furniture Ltd. - Key offerings
13.14 MillerKnoll Inc.
- MillerKnoll Inc. - Overview
- MillerKnoll Inc. - Business segments
- MillerKnoll Inc. - Key offerings
- MillerKnoll Inc. - Segment focus
13.15 Okamura Corp.
- Okamura Corp. - Overview
- Okamura Corp. - Business segments
- Okamura Corp. - Key offerings
- Okamura Corp. - Segment focus
13.16 Schiavello International
- Schiavello International - Overview
- Schiavello International - Product / Service
- Schiavello International - Key offerings
13.17 Steelcase Inc.
- Steelcase Inc. - Overview
- Steelcase Inc. - Business segments
- Steelcase Inc. - Key offerings
- Steelcase Inc. - Segment focus

14 Appendix

14.1 Scope of the report
14.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
14.3 Currency conversion rates for US$
- Currency conversion rates for US$
14.4 Research methodology
- Research methodology
14.5 Data procurement
- Information sources
14.6 Data validation
- Data validation
14.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
14.8 Data synthesis
- Data synthesis
14.9 360 degree market analysis
- 360 degree market analysis
14.10 List of abbreviations
- List of abbreviations