Future Home Office Furniture Market: Key Dynamics, Size & Share Analysis
The Global Home Office Furniture Market is estimated to grow at a CAGR of around 5.8% during the forecast period, i.e., 2023-30. The market growth would be propelled mainly by the trends of remote working, coupled with the rising demand for ergonomic & stylish home office furniture products. Home office furniture is largely used by professionals, employees, students, and entrepreneurs for a variety of purposes, such as seating, storing files, writing, reading, installing computer systems, operating laptops/desktops, etc.
Top Trend Impacting the Home Office Furniture Market Growth
Surge in Office Chairs to Act as a Key Trend – In recent years, the trend of working from home & remote work has increased, increasing the sale of home office furniture, especially office chairs. Key players such as Hermann Millers, Inc., Steelcase, Inc., and others have reported growth in the sales of home office furniture, especially in the seating segment. This swift rise has motivated manufacturers to escalate their online diffusion. Hence, such a trend is aiding in enhancing the Home Office Furniture Market size in the coming years.
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Understanding the Core Segments in the Home Office Furniture Market
Home Office Furniture Market Size, Share & Industry Trends Analysis- By Product (Seating, Tables, Storage Units & File Cabinets), By Material (Wood, Metal, Plastic, Other), By Distribution Channel (Supermarkets & Hypermarkets, Specialty Stores, E-Commerce, Other), By Region (North America, South America, Europe, Middle East & Africa, Asia-Pacific), By Company (Haworth, Herman Miller Inc., HNI Corporation, Knoll, Steelcase, Ashley Furniture Industries Inc., Global Furniture Group, Kimball International Inc., Okamura Corp., Interior Systems, Inc., DURHAM FURNITURE, INTER IKEA SYSTEMS BV, MASCO CORPORATION, OKAMURA CORPORATION, Other
Geographical Analysis of the Home Office Furniture Market
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
North America is predicted to dominate the Home Office Furniture Market during 2023-28.
Who Dominates the Home Office Furniture Market Insights on Key Industry Players?
Companies are strengthening their presence in the Home Office Furniture market by adopting strategies such as forming strategic alliances, leveraging AI, entering partnerships, pursuing mergers and acquisitions, expanding into new regions, and introducing innovative products and services.
- Haworth
- Herman Miller Inc.
- HNI Corporation
- Knoll
- Steelcase
- Ashley Furniture Industries Inc
- Global Furniture Group
- Kimball International Inc.
- Okamura Corp.
- Interior Systems, Inc.
- DURHAM FURNITURE
- INTER IKEA SYSTEMS BV
- MASCO CORPORATION
- OKAMURA CORPORATION
- Others
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