The report offers detailed coverage of Office Furniture industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Office Furniture by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
Office Furniture is a kind of equipment used for working in daily life and working.
Overall, the Office Furniture products performance is positive with the global economic recovery.
The technical barriers of Office Furniture are relatively low, and the Office Furniture market concentration degree is dispersed. The manufacturing bases scatter around the world; the key companies in Office Furniture market include Steelcase, Herman Miller, Haworth, HNI Corporation, Okamura Corporation, Global Group, KI, Teknion, Knoll, Kinnarps Holding, and others.
Favorable government policies and rising foreign direct investments have increased the number of MNCs in the country and also boosted the entry of foreign players. This has led to a rise in the number of offices as well as the demand for Office Furniture worldwide. Also, the growing number of companies in the technology, media, telecom, retail, financial, and transport sectors in 2014 has increased the demand of Office Furniture. Therefore, the growing demand for office space will be favorable for the growth of the Office Furniture market.
As the demand increases rapidly for downstream industries, the demand for Office Furniture will correspondingly increase. The increased consumption of Office Furniture is expected to continue during the remaining years of the forecast period of 2016-2021. Office Furniture industry will usher in a stable growth space.
In the past few years, the raw material prices were relatively stable, and expected that the Office Furniture raw material price will be stable in the short term. However, the improvement of energy, transportation costs, employee wages, and equipment depreciation will play a significant role in promoting the cost of Office Furniture. Therefore, to some extent, the companies face the risk of profit decline.
There are companies adding new capacities and aims at the cost and quality leadership which shall improve profitability. As the same time, companies are focusing on technological innovation, equipment upgrades, and process improvements, to reduce costs and improve quality. The competition in Office Furniture market will become more intense.
The report forecast global Office Furniture market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.
First, this report covers the present status and the future prospects of the global Office Furniture market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Steelcase
Herman Miller
Haworth
HNI Corporation
Okamura Corporation
Global Group
KI
Teknion
Knoll
Kinnarps Holding
Kimball Office
Kokuyo
ITOKI
Uchida Yoko
Vitra Holding
Nowy Styl
Groupe Clestra Hausermann
Izzy+
Lienhard Office Group
Koninkije Ahrend
USM Holding
Bene
Sedus Stoll
Martela
Scandinavian Business Seating
EFG Holding
Fursys
AURORA
SUNON
Quama
At the same time, we classify Office Furniture according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
Wood
Metals
plastic
others
Market by Application
Enterprise
Hospitals
Schools
Others
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Office Furniture market for the forecast period 2021 - 2025?
• What are the driving forces in the Office Furniture market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Office Furniture industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?