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.
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GLOBAL
OFFICE
FURNITURE
MARKET
US 74,428.57 Mn
CAGR (2020-2027)
3.1%
SEGMENTATION (SCOPE)
By Material
Type
By Product
Type
By Price
Range
By End
User
By Distribution
Channel
Metal
Storage Units
Premium
Corporate
Online
Wood
Plastic
Seating
Desks & Tables
Medium
Economy
Government
Others
Offline
Others
Workstation
Accessories
MAJOR DRIVERS
Increasing adoption of ergonomic chairs
Infrastructural transformation and developments in
the private sector
PROMINENT REGIONS
EUROPE
US$ 5,852.79 Mn
CAGR
2.5%
ASIA PACIFIC
US$ 27,883.65 Mn
CAGR
3.5%
MAJOR DRIVER
Rising infrastructural development along with
industrialization and economic development
in the emerging economies
MAJOR DRIVERS
Rise in adoption of online retail strategies by
furniture manufacturers & vendors
Rising number of online furniture stores
MAJOR PLAYERS
Knoll Inc.
HNI Corporation
Herman Miller, Inc.
Teknion Corporation
Kimball International Inc.
Berco Designs
Kokuyo Co., Ltd.
Haworth Inc.
Okamura Corporation
Steelcase Inc.
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