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Global Office Furniture Market - Research Methodology Focuses on Exploring Major Factors Influencing the Industry Development

The global office furniture market is expected to surpass US$ 96,642.94 million by 2027, exhibiting a CAGR of 3.1% during the forecast period (2020-2027). The growth of the office furniture market is expected to be driven by increasing adoption of ergonomic chairs. Ergonomic chairs are usually referred to the office chairs, which are designed to provide better posture, comfort, and better lumbar support for the human body. These chairs offer numerous advantages for the employees in terms of improved health, by providing the required back support, better work productivity, and enhanced customizability. Get More Insights (at) https://www.coherentmarketinsights.com/market-insight/office-furniture-market-4501

The global office furniture market is expected to surpass US$ 96,642.94 million by 2027, exhibiting a CAGR of 3.1% during the forecast period (2020-2027). The growth of the office furniture market is expected to be driven by increasing adoption of ergonomic chairs. Ergonomic chairs are usually referred to the office chairs, which are designed to provide better posture, comfort, and better lumbar support for the human body. These chairs offer numerous advantages for the employees in terms of improved health, by providing the required back support, better work productivity, and enhanced customizability.

Get More Insights (at) https://www.coherentmarketinsights.com/market-insight/office-furniture-market-4501

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GLOBAL<br />

OFFICE<br />

FURNITURE<br />

MARKET<br />

<str<strong>on</strong>g>Market</str<strong>on</strong>g> Size (2019)<br />

US 74,428.57 Mn<br />

CAGR (2020-2027)<br />

3.1%<br />

SEGMENTATION (SCOPE)<br />

By Material<br />

Type<br />

By Product<br />

Type<br />

By Price<br />

Range<br />

By End<br />

User<br />

By Distributi<strong>on</strong><br />

Channel<br />

Metal<br />

Storage Units<br />

Premium<br />

Corporate <str<strong>on</strong>g>Office</str<strong>on</strong>g>s<br />

Online<br />

Wood<br />

Plastic<br />

Seating<br />

Desks & Tables<br />

Medium<br />

Ec<strong>on</strong>omy<br />

Government <str<strong>on</strong>g>Office</str<strong>on</strong>g>s<br />

O<strong>the</strong>rs<br />

Offline<br />

O<strong>the</strong>rs<br />

Workstati<strong>on</strong><br />

Accessories<br />

MAJOR DRIVERS<br />

Increasing adopti<strong>on</strong> of erg<strong>on</strong>omic chairs<br />

Infrastructural transformati<strong>on</strong> and developments in<br />

<strong>the</strong> private sector<br />

PROMINENT REGIONS<br />

EUROPE<br />

<str<strong>on</strong>g>Market</str<strong>on</strong>g> Size (2019)<br />

US$ 5,852.79 Mn<br />

CAGR<br />

2.5%<br />

ASIA PACIFIC<br />

<str<strong>on</strong>g>Market</str<strong>on</strong>g> Size<br />

US$ 27,883.65 Mn<br />

CAGR<br />

3.5%<br />

MAJOR DRIVER<br />

Rising infrastructural development al<strong>on</strong>g with<br />

industrializati<strong>on</strong> and ec<strong>on</strong>omic development<br />

in <strong>the</strong> emerging ec<strong>on</strong>omies<br />

MAJOR DRIVERS<br />

Rise in adopti<strong>on</strong> of <strong>on</strong>line retail strategies by<br />

furniture manufacturers & vendors<br />

Rising number of <strong>on</strong>line furniture stores<br />

MAJOR PLAYERS<br />

Knoll Inc.<br />

HNI Corporati<strong>on</strong><br />

Herman Miller, Inc.<br />

Tekni<strong>on</strong> Corporati<strong>on</strong><br />

Kimball Internati<strong>on</strong>al Inc.<br />

Berco Designs<br />

Kokuyo Co., Ltd.<br />

Haworth Inc.<br />

Okamura Corporati<strong>on</strong><br />

Steelcase Inc.<br />

Coherent <str<strong>on</strong>g>Market</str<strong>on</strong>g> Insights is a global market intelligence and c<strong>on</strong>sulting organizati<strong>on</strong> focused <strong>on</strong> assisting our plethora of clients<br />

achieve transformati<strong>on</strong>al growth by helping <strong>the</strong>m make Critical business decisi<strong>on</strong>s. We are headquartered in India, having office al<br />

global financial capital in <strong>the</strong> U.S. Our client base includes players from across all business verticals in over 150 countries worldwide. We<br />

are uniquely positi<strong>on</strong>ed to help businesses around <strong>the</strong> globe deliver practical and lasting results through various recommendati<strong>on</strong>s<br />

about operati<strong>on</strong>al improvements, technologies, emerging market trends and new working methods. We offer both customized and<br />

syndicated market research reports that help our clients create visi<strong>on</strong>ary growth plans to provide tracti<strong>on</strong> to <strong>the</strong>ir business.

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