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

CoherentMarketInsightsPvtLtd

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

ong>Marketong> Size (2019)

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 ong>Officeong>s

Online

Wood

Plastic

Seating

Desks & Tables

Medium

Economy

Government ong>Officeong>s

Others

Offline

Others

Workstation

Accessories

MAJOR DRIVERS

Increasing adoption of ergonomic chairs

Infrastructural transformation and developments in

the private sector

PROMINENT REGIONS

EUROPE

ong>Marketong> Size (2019)

US$ 5,852.79 Mn

CAGR

2.5%

ASIA PACIFIC

ong>Marketong> Size

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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