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Office Furniture Market by Distribution Channel, Product and Geography - Global Forecast and Analysis 2019-2023

Office Furniture Market by Distribution Channel, Product and Geography - Global Forecast and Analysis 2019-2023

Global Office Furniture Market: About this market

Technavio’s office furniture market analysis considers sales from distribution channels, including offline and online. Our analysis also considers the sales of office furniture in APAC, Europe, North America, South America, and MEA. In 2018, the offline segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as the availability of a wide variety of brands at multistore retail units and dealers will play a significant role in the offline segment to maintain its market position. Also, our global office furniture market report looks at factors such as the growing demand for modern and luxury furniture, an increase in the number of office spaces, and a growing demand for eco-friendly furniture. However, fluctuating prices of raw materials, high competition from regional brands and the threat of counterfeiting, and long product replacement cycle may hamper the growth of the office furniture industry over the forecast period.

Global Office Furniture Market: Overview

Growing demand for eco-friendly furniture

Office furniture manufacturers are increasingly adopting green solutions due to the growing demand for customized office furniture from recycled wood wastes and rising concern over increasing deforestation. The adoption of green solutions also helps them to comply with the guidelines set up by non-profit trade associations. The growing demand for eco-friendly furniture will lead to the expansion of the global office furniture market at a CAGR of almost 6% during the forecast period.

Increasing consumer preference for multifunctional and customized furniture

There is an increase in the demand for multifunctional, collaborative, and portable furniture due to the evolving consumer demands, shrinking workspace, rising number of startups, and implementation of evolved teaching methodology in international schools. The growing preference for customized furniture to support employee’s comfort and boost their efficiency is expected to have a positive impact on the overall market growth.

For the detailed list of factors that will drive the global office furniture market during the forecast period 2019-2023, click here.

Competitive Landscape

With the presence of several major players, the global office furniture market is fragmented. Technavio’s 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 manufacturers, that include Herman Miller Inc., HNI Corp., KOKUYO Co. Ltd., Okamura Corp., and Steelcase Inc.

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 on all forthcoming growth opportunities.


  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global furniture market
      • Table Segments of global furniture market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ billions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • 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 2018
  • Market segmentation by distribution channel
    • Table Distribution channel - Market share 2019-2024 (%)
    • Comparison by distribution channel
      • Table Comparison by distribution channel
    • Offline - Market size and forecast 2018-2023
      • Table Offline - Market size and forecast 2018-2023 ($ billions)
      • Table Offline - Year-over-year growth 2019-2023 (%)
      • Table Global office furniture market by offline distribution channel 2018 (% share of revenue)
    • Online - Market size and forecast 2018-2023
      • Table Online - Market size and forecast 2018-2023 ($ billions)
      • Table Online - Year-over-year growth 2019-2023 (%)
      • Table Global Internet users (% of the population)
    • Market opportunity by distribution channel
      • Table Market opportunity by distribution channel
  • Market segmentation by end-user
    • Table End-user - Market share 2019-2024 (%)
    • Comparison by end-user
      • Table Comparison by end-user
    • Commercial office furniture - Market size and forecast 2018- 2023
      • Table Commercial office furniture - Market size and forecast 2018-2023 ($ billions)
      • Table Commercial office furniture - Year-over-year growth 2019-2023 (%)
    • Home office furniture - Market size and forecast 2018-2023
      • Table Home office furniture - Market size and forecast 2018-2023 ($ billions)
      • Table Home office furniture - Year-over-year growth 2019-2023 (%)
    • Market opportunity by end-user
      • Table Market opportunity by end-user
  • Customer landscape
    • Table Customer landscape
  • Market segmentation by product
    • Table Product - Market share 2019-2024 (%)
    • Comparison by product
      • Table Comparison by product
    • Seating - Market size and forecast 2018-2023
      • Table Seating - Market size and forecast 2018-2023 ($ billions)
      • Table Seating - Year-over-year growth 2019-2023 (%)
    • Systems - Market size and forecast 2018-2023
      • Table Systems - Market size and forecast 2018-2023 ($ billions)
      • Table Systems - Year-over-year growth 2019-2023 (%)
    • Tables - Market size and forecast 2018-2023
      • Table Tables - Market size and forecast 2018-2023 ($ billions)
      • Table Tables - Year-over-year growth 2019-2023 (%)
    • Storage units and files - Market size and forecast 2018-2023
      • Table Storage units and files - Market size and forecast 2018-2023 ($ billions)
      • Table Storage units and files - Year-over-year growth 2019-2023 (%)
    • Overhead bins - Market size and forecast 2018-2023
      • Table Overhead bins - Market size and forecast 2018-2023 ($ billions)
      • Table Overhead bins - Year-over-year growth 2019-2023 (%)
    • Market opportunity by product
      • Table Market opportunity by product
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2019-2024 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ billions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • North America - Market size and forecast 2018-2023
      • Table North America - Market size and forecast 2018-2023 ($ billions)
      • Table North America - Year-over-year growth 2019-2023 (%)
    • Europe - Market size and forecast 2018-2023
      • Table Europe - Market size and forecast 2018-2023 ($ billions)
      • Table Europe - Year-over-year growth 2019-2023 (%)
    • South America - Market size and forecast 2018-2023
      • Table South America - Market size and forecast 2018-2023 ($ billions)
      • Table South America - Year-over-year growth 2019-2023 (%)
    • MEA - Market size and forecast 2018-2023
      • Table MEA - Market size and forecast 2018-2023 ($ billions)
      • Table MEA - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • 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
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Herman Miller Inc.
      • Table Herman Miller Inc. - Vendor overview
      • Table Herman Miller Inc. - Business segments
      • Table Herman Miller Inc. - Organizational developments
      • Table Herman Miller Inc. - Geographic focus
      • Table Herman Miller Inc. - Segment focus
      • Table Herman Miller Inc. - Key offerings
    • HNI Corp.
      • Table HNI Corp. - Vendor overview
      • Table HNI Corp. - Business segments
      • Table HNI Corp. - Organizational developments
      • Table HNI Corp. - Segment focus
      • Table HNI Corp. - Key offerings
    • KOKUYO Co. Ltd.
      • Table KOKUYO Co. Ltd. - Vendor overview
      • Table KOKUYO Co. Ltd. - Business segments
      • Table KOKUYO Co. Ltd. - Organizational developments
      • Table KOKUYO Co. Ltd. - Segment focus
      • Table KOKUYO Co. Ltd. - Key offerings
    • Okamura Corp.
      • Table Okamura Corp. - Vendor overview
      • Table Okamura Corp. - Business segments
      • Table Okamura Corp - Organizational developments
      • Table Okamura Corp. - Segment focus
      • Table Okamura Corp. - Key offerings
    • Steelcase Inc.
      • Table Steelcase Inc. - Vendor overview
      • Table Steelcase Inc. - Business segments
      • Table Steelcase Inc. - Organizational developments
      • Table Steelcase Inc. - Geographic focus
      • Table Steelcase Inc. - Segment focus
      • Table Steelcase Inc. - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
    • Definition of market positioning of vendors
      • Table Definition of market positioning of vendors
  • Explore Technavio

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