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Get detailed insights regarding the impact of COVID-19 on the market.
The global office furniture market was valued at US$ 58.4 Billion in 2021.
We expect the global office furniture market to exhibit a CAGR of 4.1% during 2022-2027.
A significant growth in corporate sector, along with the emergence of smart furniture that are
integrated with sensors to remind the users to change their posture at regular intervals, is primarily
driving the global office furniture market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown
regulations across several nations resulting in work from home scenario, thereby limiting the overall
demand for office furniture items.
Based on the product type, the global office furniture market has been segregated into seating, systems,
tables, storage units and file cabinets, overhead bins, and others. Currently, seating accounts for the
majority of the total market share.
Based on the material type, the global office furniture market can be categorized into wood, metal,
plastic and fiber, glass, and others, where wood exhibits a clear dominance in the market.
Based on the distribution channel, the global office furniture market has been divided into direct sales,
specialist store, non-specialist stores, online, and others. Among these, direct sales currently hold the
majority of the global market share.
Based on the price range, the global office furniture market can be segmented into low, medium, and
high. Currently, low ranged office furniture accounts for the largest market share.
On a regional level, the market has been classified into North America, Asia Pacific, Europe, Latin
America, and Middle East and Africa, where Asia Pacific currently dominates the global market.
Some of the major players in the global office furniture market include Steelcase Inc., OKAMURA
CORPORATION., HNI Corporation, Herman Miller Inc., Haworth Inc., Knoll Inc., KOKUYO Co. Ltd,
Meridian Office Group, Kimball International, 9to5 Seating, BERCO DESIGNS, Hooker Furniture, etc.
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