KD Market Insights offers in-depth analysis of the report titled Global Office Furniture Market Forecast to 2025. The study delivers comprehensive analysis, revenue details, and other critical information about Office Furniture and the various trends, drivers, constraints, opportunities, and threats in the studied market till 2025. The report presents SWOT analysis of the Global Office Furniture Market along with, progress trends, competitive framework, and development status of key regions.
The study offers statistics on growth rate, market status in terms of market size estimations and projections. This study also covers primary market players by their market share, product offerings, demand and supply figures, dissemination channels, latest industry developments, among others.
Rise in number of offices worldwide
According to the International Labor Organization, world economic growth increased by 3.6% in 2017 as compared to 3.2% in 2016. This growth also marked decrease in unemployment across the globe. Positive GDP growth figures of developed and developing regions across the globe is believed to positively impact the growth of the market. Further, new employment opportunities in developing nations is believed to escalate the growth of the market. With increasing number of employed people across the globe, the demand for new offices is also increasing.
Launch of Innovative Office Furniture
Rapid introduction of innovative and advanced office furniture will intensify the growth of the market in the upcoming years. Key vendors are offering advanced & innovative designed furniture which are healthier and more comfortable. This factor is bolstering the growth of global furniture market across all regions. Consumers such as enterprises and others are preferring modern and modular office furniture’s to improve the productivity which bodes well for the growth of the market.
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Scope of the Market:
The scope of the study includes all the major innovations that are currently being applied within the global Office Furniture industry. The report analyzes the market development status and future market trends globally. It also divides the Office Furniture Market Segmentation By product, By price range and Distribution channel to thoroughly and extensively analyze and uncover market profiles and prospects. This report offers key statistics on the state of the industry with tables and figures that help analyze the current global demand for Office Furniture, and can be a valuable source of guidance for businesses and individuals interested about the market.
Study Objective includes:
- The main purpose of this study is to analyze the global Office Furniture market size (volume and value) by industry players, key regions, product/service, application and end-user, historical information and forecasts for 2025.
- The study aims to recognize market segments and sub-segments and to identify key factors that have an impact on the market growth of Office Furniture, such as trends, growth potential, opportunities, industry-specific challenges and threats.
- It also aims to predict the volume and value of Office Furniture Market for major countries and regions.
- Inspect and research Office Furniture Market size, leading regions and countries, applications, background information and also forecast to 2025.
The Following are the Key Features of Global Office Furniture Market Report:
- Market Overview, Industry Development, Market Maturity, PESTLE Analysis, Value Chain Analysis
- Growth Drivers and Barriers, Market Trends & Market Opportunities
- Porter’s Five Forces Analysis & Trade Analysis
- Market Forecast Analysis for 2020-2025
- Market Segments by Geographies and Countries
- Market Segment Trend and Forecast
- Market Analysis and Recommendations
- Price Analysis
- Key Market Driving Factors
- Office Furniture Market Company Analysis: Company Market Share & Market Positioning, Company Profiling, Recent Industry Developments etc.
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Global Office Furniture Market Segmentation Analysis:
By Product
– 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 Tables
– Others
By Price Range
– Premium
– Medium
– Economy
By Distribution Channel
– Online Stores
– Offline Stores
The regional segmentation of the market includes North America (U.S. & Canada), Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand, and Rest of Asia Pacific), Latin America (Brazil, Mexico, and Rest of Latin America), Middle East & Africa (GCC, North Africa, South Africa, and Rest of Middle East & Africa).
The key players profiled in the report include ,
Herman Miller Inc., Inter IKEA Group, Okamura Corporation, HNI Corporation, Knoll, Inc., Steelcase Inc., Haworth Inc., Kokuyo Co Ltd., Kimball International Inc. and Hooker Furniture.
Key Questions Addressed:
- Which segment is expected to rise significantly over the forecast period?
- What is the outlook for the growth of Office Furniture Market?
- What factors could impede the growth of the market?
- What are the key factors contributing to the growth of industry?
- Which region is expected to dominate over the forecast period?
- Which markets are essential for business development?
- What is the expected growth rate of the industry during the forecast period?
- Which market player(s) dominates the Office Furniture industry?
- What strategic business approaches are being pursued by key players in the industry?
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