Global Desk Chairs Market Trends, Drivers, Strategies, Applications, Growth Factors & Analysis – 2027


Posted June 4, 2021 by aakritimrf

Global Desk Chairs Market Research Report: Information By Type (Movable & Non-Movable), By End-Use (Residential, Commercial & Institutional) and Distribution Channel, by Region - Forecast till 2028
 
Market Forecast
In 2019, the Global Desk Chair Market was valued at USD 15.07 Billion and is expected to register a CAGR of 4.7% between 2020 and 2027.

As the name suggests, desk chairs are typically designed for use at the office or at home. Modern office chairs use the single and distinctive load-bearing leg, unlike the conventional chairs with two or four legs. The demand for desk chair has increased exponentially in the last couple of years globally. Growth in the furniture industry, especially in the commercial sector, has boosted the market at a considerable rate. Development of the private sector has resulted in the emergence of many small- and medium-sized enterprises, which has ultimately resulted in an increase in sales of desk chairs. On one hand, emerging economies are witnessing an increased number of commercial spaces whereas developed regions are experiencing renovation and modifications of office spaces, thereby creating opportunities for stakeholders in the desk chair market. Additionally, key stakeholders in the desk chair market are frequently coming up with a wide variety of desk chair types to remain highly competitive in the market. Key players are focusing on the design and development of such chairs based on the requirement for specific purposes, such as designs of chairs for conference rooms or private desks and chairs for homes suiting aesthetic needs. Furthermore, the rising trend of ergonomic designs for commercial furniture has revolutionized the entire furniture industry. As more people are working in an office environment, which requires long periods of sitting at a desk, the awareness for having a correct desk chair is increasing gradually among individuals. Simultaneously, manufacturers are moving a step forward to understand human anatomy and are infusing science and technology to create ergonomic chairs. Autonomous, Nissan, and Modway are some of the key companies that are working on providing high-tech office chairs.

Additionally, the outbreak of COVID-19 has resulted in a surge in demand for desk chair across the globe. Owing to the lockdown restrictions, the concept of work from home has increased substantially. This has resulted in increased demand for office chairs from the residential sector. Key furniture manufacturers across the globe have witnessed a substantial increase in sales post COVID-19 outbreak. For instance, Pepperfry.com, an online portal specialized in selling furniture, has witnessed an increased sale of over 135% since June 2020 in India. Wayfair Inc. is an American e-commerce company that sells furniture and home goods. The company’s sales surged by over 37% due to its online sales during the first quarter of 2020. However, in the post COVID-19 outbreak, many big furniture players have incurred a heavy loss. Steelcase, the largest US office furniture maker, and Herman Miller, another top manufacturer, have witnessed double-digit sales decline due to a pile-up of existing stocks and lack of adequate infrastructure to cope with the surging demand for single adjustable desks and chairs. Therefore, during this tough time, companies having adequate infrastructure for selling furniture online were able to mitigate the sudden flow of desk chairs up to some extent. However, many other small- and medium-sized enterprises that lack proper online infrastructure, logistics, and various other factors have incurred heavy losses.

Market USP

Rising demand for ergonomic chairs across the globe

Browse Full Report Details @ https://www.marketresearchfuture.com/reports/desk-chairs-market-10371

Growth Opportunities in the Market

Movable chairs to dominate in the future: The movable chairs segments is anticipated to register the highest growth rate during the review period. The trend for desk chairs having ergonomic designs has increased, which is driving the demand for movable chairs.

Commercial segment witnessing a surge in demand for desk chairs: The commercial segment is witnessing high demand for desk chairs. The rising number of commercial spaces, especially office spaces, owing to the growth of many small- and medium-sized enterprises across the globe have resulted in the growth of the desk chair market.

The popularity of online channels for sales of furniture: The rising trend of online sales of home furnishing and various commercial furniture is anticipated to proliferate the market during the review period. The emergence of many online home furnishing websites, such as Pepperfry.com, Wayfair, Walmart, and Amazon.com, have resulted in the growth of the online purchasing trend. Additionally, the outbreak of COVID-19 has substantially helped in popularizing the online modes of distribution channel for the sale of desk chairs.

Key Players
• Herman Miller Inc. (US)
• IKEA (Sweden)
• Steelcase Inc. (US)
• Haworth Inc. (US)
• Knoll, Inc. (US)
• HNI Corporation (US)
• La-Z-Boy Inc. (US)
• Vitra (US)
• Kimball International (US)
• KI (US)
NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.
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Last Updated June 4, 2021