Global Office Furniture Market Size, Share, Outlook, Demand, Trend, Opportunity, Overview by 2023


Posted December 24, 2018 by sophia94jhon

The global office furniture market is anticipated to flourish at a CAGR of 6.4% during the forecast period i.e. 2018-2023
 
A New fresh research report presented by KD Market Insights provides a detailed analysis of “Office Furniture Market 2017: Market Size, Trends & Opportunity Outlook – Forecast to 2023” research report will include all the major trends and technologies that play an important role in market growth in the predicted span of 6 years. It also presents the overview of industry players, advantages, challenges the business is going through. The research provides a complete understanding of the Global Office Furniture Market in terms of revenue.

Report start from the market overview section which demonstrates the market drivers, restraints and opportunities that influence the current and future status of the market. It also includes key trends, implementation restraints, end-user product issues and many more. These factors are responsible for changing the market scenario. The deep analysis of each segment in the report is provided in order to provide a thorough understanding of the overall scenario in the Office Furniture Market. The report covers the competitor’s strategies that help them to capture the market.


The global office furniture market is anticipated to flourish at a CAGR of 6.4% during the forecast period i.e. 2018-2023. In addition, the market is anticipated to reach USD 84.4 Billion by the end of 2023 from USD 53.5 Billion in 2017. Factors such as rising number of office spaces across the globe and increasing employment is believed to be the dynamic factor behind the growth of office furniture market during the forecast period. In the terms of regional platform, Asia Pacific accounted for highest market share in overall office furniture market in 2017 supported by expansion of MNCs companies in the region. In addition, growing number of startups are envisioned to bolster the growth of the market.        

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The global Office Furniture Market has been segmented By Product Type, By Price Range, By Distribution Channel. By Product Type - the market is sub-segmented as Seating - Office Chairs, Guest Chairs, Stools, Sofa, Others. Storage Unit and Files - Bins & Shelves, Cabinets, Others. Workstation - Individual Workstation, Collaborative Workstation, Others. Tables - Conference Tables, Dining Tables, Occasional, ables, Others. Accessories. By Price Range – Premium, Medium, Economy. By Distribution Channel - Online Stores, Offline Stores.

 The report highlights information that is required to understand the innovation and development in the Office Furniture Market, and the growing nature of each and every segment from time to time. It provides information related to the company’s financial position, day to day expenses, recent innovative development in the product. Also, the report shows the impact of the new plans, policies, and strategies adopted by the company. The Porter's Five Forces is a tool for analyzing the five forces in the economy that are buyers bargaining power, suppliers bargaining power, the threat of new entrants, the threat of substitutes, and degree of competition available in the market. It helps to determine the competitive intensity and the attractiveness of an industry in terms of profitability.  The political, social, economic, demographical, technological factors have been considered while analyzing the market. It helps the company to determine the demand of the product from a particular region and the constraint that act as a hurdle in the growth of the company.

The report shows the competition level faced in the market by the company and the recent development in the market launched by the rivals. It helps them to analyze the market clearly and help the company to maintain the framework in which they have to work in the growing competition. The main competitors of the industry are – Herman Miller Inc, Inter IKEA Group, Okamura Corporation, HNI Corporation, Knoll Inc, Steelcase Inc, Haworth Inc, Kokuyo Co Ltd, Kimball International Inc, Hooker Furniture, Other Major & Niche Players.

While analyzing the market every segment of the market is considered concisely from time to time to understand the geographical distribution of the product and the demand from that particular region and the insights responsible for all the factors. By geography the market is divided into North America, The U.S., Canada, Rest of North America, Europe, Germany, The U.K., France, Rest of Europe, Asia Pacific (APAC), China, India, Japan, Australia, Rest of APAC, Middle East & Africa (MEA), GCC, South Africa, Rest of MEA, South America (Brazil &Rest of South America).

The final section of the report highlights the data collected for the report. A perfect combination of the primary, as well as secondary research has been made to collect the facts and figures regarding the product and the market. Secondary research sources are annual reports of the company to understand the financial position of the company, third-party report, customers review towards the product, statistical databases, government publications, company's shareholder's reviews, regulatory database have been considered. Whereas the primary research includes telephonic interviews, e-mail conversations, face-to-face interviews. Primary research is a time-consuming process and they are not considered as reliable as a comparison to the second method. Hence, secondary research is a reliable one and helps to develop the analysis team expert and market understanding.

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Table of Contents:

Research Methodology
Market Definition and List of Abbreviations
1. Executive Summary
2. Growth Drivers & Issues in Global Office Furniture Market
3. Global Office Furniture Market Trends
4. Opportunities in Global Office Furniture Market
5. Recent Industry Activities, 2017
6. Porter's Five Forces Analysis
7. Market Value Chain and Supply Chain Analysis
8. Global Office Furniture Market Size (USD Million), Growth Analysis and Forecast, (2017-2023)

Global Office Furniture Market Segmentation Analysis, By Product
9.1. Introduction
9.2. Market Attractiveness, By Product
9.3. BPS Analysis, By Product
9.4. Seating Market Size & Forecast (USD Million), 2017-2023
9.4.1. Office Chairs Market Size & Forecast (USD Million), 2017-2023
9.4.2. Guest Chairs Market Size & Forecast (USD Million), 2017-2023
9.4.3. Stools Market Size & Forecast (USD Million), 2017-2023
9.4.4. Sofa Market Size & Forecast (USD Million), 2017-2023
9.4.5. Others Market Size & Forecast (USD Million), 2017-2023
9.5. Storage Unit and Files Market Size & Forecast (USD Million), 2017-2023
9.5.1. Bins & Shelves Market Size & Forecast (USD Million), 2017-2023
9.5.2. Cabinets Market Size & Forecast (USD Million), 2017-2023
9.5.3. Others Market Size & Forecast (USD Million), 2017-2023
9.6. Workstation Market Size & Forecast (USD Million), 2017-2023
9.6.1. Individual Workstation Market Size & Forecast (USD Million), 2017-2023
9.6.2. Collaborative Workstation Market Size & Forecast (USD Million), 2017-2023
9.6.3. Others Market Size & Forecast (USD Million), 2017-2023
9.7. Tables Market Size & Forecast (USD Million), 2017-2023
9.7.1. Conference Tables Market Size & Forecast (USD Million), 2017-2023
9.7.2. Dining Tables Market Size & Forecast (USD Million), 2017-2023
9.7.3. Occasional Tables Market Size & Forecast (USD Million), 2017-2023
9.7.4. Others Market Size & Forecast (USD Million), 2017-2023
9.8. Accessories Market Size & Forecast (USD Million), 2017-2023

Global Office Furniture Market Segmentation Analysis, By Price Range
10.1. Introduction
10.2. Market Attractiveness, By Price Range
10.3. BPS Analysis, By Price Range
10.4. Premium Market Size & Forecast (USD Million), 2017-2023
10.5. Medium Market Size & Forecast (USD Million), 2017-2023
10.6. Economy Market Size & Forecast (USD Million), 2017-2023

Global Office Furniture Market Segmentation Analysis, By Distribution Channel
11.1. Introduction
11.2. Market Attractiveness, By Distribution Channel
11.3. BPS Analysis, By Distribution Channel
11.4. Online Stores Market Size & Forecast (USD Million), 2017-2023
11.5. Offline Stores Market Size & Forecast (USD Million), 2017-2023

Geographical Analysis
12.1. Introduction
12.2. North America Market Size (USD Million), 2017-2023
12.2.1. By Product
12.2.1.1. Introduction
12.2.1.2. Market Attractiveness, By Product
12.2.1.3. BPS Analysis, By Product
12.2.1.4. Seating Market Size & Forecast (USD Million), 2017-2023
12.2.1.4.1. Office Chairs Market Size & Forecast (USD Million), 2017-2023

Continue....

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Categories Retail
Tags office furniture market , office furniture market demand , office furniture market outlook , office furniture market share , office furniture market size
Last Updated December 24, 2018