Global Office Furniture Market 2020-2024

Global Office Furniture Market 2020-2024
Technavio has been monitoring the global office furniture market and it is poised to grow by USD 22.67 bn during 2020-2024, progressing at a CAGR of 6% during the forecast period. Our reports on global 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 global market scenario, latest trends and drivers, and the overall market environment. The market is driven by growing demand for modern and luxury furniture. In addition, increase in the number of office spaces is anticipated to boost the growth of the global office furniture market as well.

Market Segmentation
Technavio’s global office furniture market is segmented as below:

Product
Seating
Systems
Tables
Storage Units And Files
Overhead Bins
End-user
Commercial Office Furniture
Home Office Furniture
Distribution channel
Offline
Online
Geographic segmentation
North America
APAC
Europe
South America
MEA
Key Trends for global office furniture market growth
This study identifies increase in the number of office spaces as the prime reasons driving the global office furniture market growth during the next few years.

Prominent vendors in global office furniture market
We provide a detailed analysis of around 25 vendors operating in the global office furniture market, including some of the vendors such as Haworth Inc., Herman Miller Inc., HNI Corp., Hooker Furniture, Inter IKEA Holding BV, Kimball International Inc., Knoll Inc., KOKUYO Co. Ltd., OKAMURA Corp. and Steelcase Inc. .

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.

About Technavio
Technavio 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. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.


  • Executive Summary
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market characteristics
  • Market Sizing
    • Market definition
      • Table Product / Service portfolio of key vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2019
    • Market outlook: Forecast for 2019 - 2024
      • Table Global - Market size and forecast 2019 - 2024 ($ billion)
      • Table Global market: Year-over-year growth 2019 - 2024 (%)
  • Five Forces Analysis
    • Five Forces Summary
      • Table Five forces analysis 2019 & 2024
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2019
  • Market Segmentation by Product
    • Market segments
      • Table Product - Market share 2019-2024 (%)
    • Comparison by Product
      • Table Comparison by Product
    • Seating - Market size and forecast 2019-2024
      • Table Seating - Market size and forecast 2019-2024 ($ billion)
      • Table Seating - Year-over-year growth 2019-2024 (%)
    • Systems - Market size and forecast 2019-2024
      • Table Systems - Market size and forecast 2019-2024 ($ billion)
      • Table Systems - Year-over-year growth 2019-2024 (%)
    • Tables - Market size and forecast 2019-2024
      • Table Tables - Market size and forecast 2019-2024 ($ billion)
      • Table Tables - Year-over-year growth 2019-2024 (%)
    • Storage units and files - Market size and forecast 2019-2024
      • Table Storage units and files - Market size and forecast 2019-2024 ($ billion)
      • Table Storage units and files - Year-over-year growth 2019-2024 (%)
    • Overhead bins - Market size and forecast 2019- 2024
      • Table Overhead bins - Market size and forecast 2019-2024 ($ billion)
      • Table Overhead bins - Year-over-year growth 2019-2024 (%)
    • Market opportunity by Product
      • Table Market opportunity by Product
  • Market Segmentation by End-user
    • Market segments
      • Table End user - Market share 2019-2024 (%)
    • Comparison by End user
      • Table Comparison by End user
    • Commercial office furniture - Market size and forecast 2019-2024
      • Table Commercial office furniture - Market size and forecast 2019-2024 ($ billion)
      • Table Commercial office furniture - Year-over-year growth 2019-2024 (%)
    • Home office furniture - Market size and forecast 2019-2024
      • Table Home office furniture - Market size and forecast 2019-2024 ($ billion)
      • Table Home office furniture - Year-over-year growth 2019-2024 (%)
    • Market opportunity by End user
      • Table Market opportunity by End user
  • Market Segmentation by Distribution channel
    • Market segments
      • Table Distribution channel placement - Market share 2019-2024 (%)
    • Comparison by Distribution channel
      • Table Comparison by Distribution channel
    • Offline - Market size and forecast 2019-2024
      • Table Offline - Market size and forecast 2019-2024 ($ billion)
      • Table Offline - Year-over-year growth 2019-2024 (%)
      • Direct sales
      • Dealers
      • Distributors
      • Retailers
    • Online - Market size and forecast 2019-2024
      • Table Online - Market size and forecast 2019-2024 ($ billion)
      • Table Online - Year-over-year growth 2019-2024 (%)
    • Market opportunity by Distribution channel
      • Table Market opportunity by Distribution channel
  • Customer landscape
    • Table Customer landscape
  • Geographic Landscape
    • Geographic segmentation
      • Table Market share by geography 2019-2024 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2019-2024
      • Table APAC - Market size and forecast 2019-2024 ($ billion)
      • Table APAC - Year-over-year growth 2019-2024 (%)
    • North America - Market size and forecast 2019- 2024
      • Table North America - Market size and forecast 2019-2024 ($ billion)
      • Table North America - Year-over-year growth 2019-2024 (%)
    • Europe - Market size and forecast 2019-2024
      • Table Europe - Market size and forecast 2019-2024 ($ billion)
      • Table Europe - Year-over-year growth 2019-2024 (%)
    • South America - Market size and forecast 2019- 2024
      • Table South America - Market size and forecast 2019-2024 ($ billion)
      • Table South America - Year-over-year growth 2019-2024 (%)
    • MEA - Market size and forecast 2019-2024
      • Table MEA - Market size and forecast 2019-2024 ($ billion)
      • Table MEA - Year-over-year growth 2019-2024 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity by geography
      • Table Market opportunity by geography ($ billion)
  • Drivers, Challenges, and Trends
    • Volume driver - Demand led growth
      • Growing demand for modern and luxury furniture
      • Increase in the number of office spaces
      • Growing demand for eco-friendly furniture
    • Market challenges
      • Fluctuating prices of raw materials
      • High competition from regional brands and threat of counterfeiting
      • Long product replacement cycle
        • Table Impact of drivers and challenges
    • Market trends
      • Increase in mergers and acquisitions
      • Increasing popularity of online furniture stores
      • Increasing consumer preference for multifunctional and customized furniture
  • Vendor Landscape
    • Landscape disruption
      • Table Landscape disruption
      • Table Industry risks
    • Competitive scenario
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Haworth Inc.
      • Table Haworth Inc. – Overview
      • Table Haworth Inc. - Product and service
      • Table Haworth Inc. – Key news
      • Table Haworth Inc. - Key offerings
    • Herman Miller Inc.
      • Table Herman Miller Inc. – Overview
      • Table Herman Miller Inc. - Business segments
      • Table Herman Miller Inc. – Key news
      • Table Herman Miller Inc. - Key offerings
      • Table Herman Miller Inc. - Segment focus
    • HNI Corp.
      • Table HNI Corp. – Overview
      • Table HNI Corp. - Business segments
      • Table HNI Corp. – Key news
      • Table HNI Corp. - Key offerings
      • Table HNI Corp. - Segment focus
    • Hooker Furniture
      • Table Hooker Furniture – Overview
      • Table Hooker Furniture - Business segments
      • Table Hooker Furniture – Key news
      • Table Hooker Furniture - Key offerings
      • Table Hooker Furniture - Segment focus
    • Inter IKEA Holding BV
      • Table Inter IKEA Holding BV – Overview
      • Table Inter IKEA Holding BV - Product and service
      • Table Inter IKEA Holding BV – Key news
      • Table Inter IKEA Holding BV - Key offerings
    • Kimball International Inc.
      • Table Kimball International Inc. – Overview
      • Table Kimball International Inc. - Business segments
      • Table Kimball International Inc. – Key news
      • Table Kimball International Inc. - Key offerings
      • Table Kimball International Inc. - Segment focus
    • Knoll Inc.
      • Table Knoll Inc. – Overview
      • Table Knoll Inc. - Business segments
      • Table Knoll Inc. – Key news
      • Table Knoll Inc. - Key offerings
      • Table Knoll Inc. - Segment focus
    • KOKUYO Co. Ltd.
      • Table KOKUYO Co. Ltd. – Overview
      • Table KOKUYO Co. Ltd. - Business segments
      • Table KOKUYO Co. Ltd. – Key news
      • Table KOKUYO Co. Ltd. - Key offerings
      • Table KOKUYO Co. Ltd. - Segment focus
    • Okamura Corp.
      • Table Okamura Corp. – Overview
      • Table Okamura Corp. - Business segments
      • Table Okamura Corp. – Key news
      • Table Okamura Corp. - Key offerings
      • Table Okamura Corp. - Segment focus
    • Steelcase Inc.
      • Table Steelcase Inc. – Overview
      • Table Steelcase Inc. - Business segments
      • Table Steelcase Inc. – Key news
      • Table Steelcase Inc. - Key offerings
      • Table Steelcase Inc. - Segment focus
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research Methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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