Office furniture refers to furniture used in the
office environment and is mainly used for placing items, storage, support,
decoration, etc. The quality, style, function, and design of office furniture
must meet the special needs of the office environment, such as comfort,
practicality, and aesthetics.
Segmented Market Analysis
According to different materials, office furniture
can be divided into wooden office furniture, metal office furniture, glass
office furniture, and plastic office furniture; According to different
functional purposes, office furniture includes products such as office tables, office
chairs, storage cabinets, and file cabinets. According to our data, the size of
the global office chair segment market in 2023 was $20.96 billion, with a
market share of 44.21%, occupying a dominant position. From an application
perspective, office furniture is mainly used in places such as enterprises,
hospitals, and schools.
Global Office Furniture Market Size and Share by Type and Application in 2023
|
|
Market Size (Billion USD)
|
Share
|
|
Segmented by Type
|
|
Office Chairs
|
20.96
|
44.21%
|
|
Office Tables
|
11.84
|
24.98%
|
|
Storage Cabinets
|
7.55
|
15.93%
|
|
File Cabinets
|
3.63
|
7.65%
|
|
Others
|
3.43
|
7.22%
|
|
Segmented by Application
|
|
Enterprises
|
29.04
|
61.26%
|
|
Hospitals
|
8.16
|
17.21%
|
|
Schools
|
6.14
|
12.95%
|
|
Others
|
4.07
|
8.58%
|
Source: www.globalmarketmonitor.com
Overview Of Market Development And Analysis Of Competitive Landscape
In recent years, the global office furniture market has shown a steady growth trend. With the recovery of the economy and the rapid development of technology, more and more enterprises and organizations need office furniture to meet their growing needs. At the same time, consumers' demands for the quality, design, and environmental performance of office furniture are constantly increasing, which provides new opportunities for the development of the office furniture market. According to our data, the global office furniture market reached $47.41 billion in 2023 and may increase to $52.82 billion by 2025.
From the perspective of market competition, the concentration of the global office furniture market is low. Data shows that in 2022, the top 3 companies in the industry achieved a total revenue of $7409 million in the office furniture market, with a total revenue share of only 16.50%. The top three companies were Steelcase, HNI, and Herman Miller. In 2022, these three companies accounted for 7.18%, 4.75%, and 4.57% of the global office furniture market revenue, respectively.
Global Office Furniture Market Size Forecast and Competition Pattern Analysis
Source: www.globalmarketmonitor.com
Market Development Trend Prediction
Intelligent development: With the advancement of technology, intelligence has become a trend in the development of various industries. The office furniture industry is no exception. In the future, office furniture will pay more attention to intelligent design, such as intelligent adjustment, intelligent storage, and other functions, to meet the efficient and convenient needs of consumers.
Environmental protection and sustainable development: With the continuous improvement of global environmental awareness, future office furniture will pay more attention to environmental protection and sustainable development. Manufacturers will be more inclined to use environmentally friendly materials, such as bamboo and cardboard, while also strengthening product recycling and reuse to reduce negative environmental impacts.
Customized services: With the diversification of consumer demand, future office furniture will pay more attention to customized services. Manufacturers will provide personalized design solutions based on the specific needs of consumers to meet the needs of different enterprises and organizations.
Integration of online and offline: With the rapid development of e-commerce, ordering online and experiencing offline has become new consumption trends. The office furniture industry will also pay more attention to the integration of online and offline, providing consumers with a more convenient shopping experience.
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