Press Release Description

Office Furniture Market Valuation Reach USD 58.19 Billion in 2024, Expected to Hit USD 72.19 Billion by 2030

The Global Office Furniture Market size was valued at USD 58.19 Billion in 2024 and is projected to reach USD 4.42 Billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 72.19% during the forecast period, i.e., 2025-2030, cites MarkNtel Advisors in the recent research report. The swift expansion of the IT sector, i.e., generating numerous job opportunities and swiftly influencing the proliferation of office spaces across different regions globally, are the prime aspects driving the global market. 

It, in turn, is instigating the government of different countries to build corporate spaces to meet the burgeoning requirements of rapidly establishing companies and boosting the demand for office furniture across the corporate sector. Besides, the growing government focus across different countries on infrastructural developments & economic diversification is projecting massive investments in the IT sector and increasing construction activities across the corporate sector, i.e., directly impacting the demand for office furniture like tables, storage & cabinets, chairs, benches, sofas, couches, among others. 

In addition, the growing inclination of organizations toward enhancing colleague communication & promoting a healthy work environment is augmenting the demand for informal office spaces and generating growth opportunities for manufacturers to introduce intelligently designed furniture. It is another prominent aspect projected to fuel the overall market growth through 2030, further states the research report, “Global Office Furniture Market Analysis, 2025.”

Global Office Furniture Market Segmentation Analysis

Mounting Consumer Need for Better Seating to Boost the Market Through 2030

The growing establishment of multinational companies & start-ups is making it normal for people to sit for eight-nine hours a day. It, in turn, is surging the demand for comfortable chairs to bring ease to working & enhance employee productivity, i.e., driving the global market of seating furniture. Besides, with the growing need to minimize fatigue while improving the sitting posture, organizations are investing substantially in the seating furniture and, as a result, augmenting the overall market growth through 2030. Moreover, the growing adoption of ergonomic chairs is a key growth prospect for the office furniture market, principally due to their benefits like flexibility, reduced lower back & neck pain, and incredible comfort to employees.

Global Office Furniture Market

With Favorable Policies & Massive Investments in the Corporate Sector, Asia-Pacific Dominates the Market

Massive government investments & their favorable policies for the corporate sector of different countries, i.e., leading to an increasing number of MNCs & start-ups, are the prime aspects contributing to the rapid construction of office spaces across Asia-Pacific and driving the office furniture market. China, India, Japan, and Australia are among the prominent countries in Asia-Pacific, with massive job opportunities & establishment of organizations, i.e., infusing the demand for office furniture and fueling the overall regional market, reveals MarkNtel Advisors in their research report, "Global Office Furniture Market Analysis, 2025."

Competitive Landscape

With strategic initiatives such as mergers, collaborations, and acquisitions, the leading market companies, including Aurora Corporation, Fursys Inc., Global Furniture Group, HNI Corporation, Herman Miller, Haworth, Inc., Inaba Seisakusho Co. Ltd., Itoki Corp., Inter IKEA Systems B.V., Knoll Inc., Kimball International, Kokuyo Co. Ltd., Okamura Corporation, Steelcase Inc., Uchida Yoko Global Ltd., UE Furniture Co., 9to5 Seating and Others are looking forward to strengthening their market positions.

Key Questions Answered in the Research Report

  1. What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
  2. What are the trends influencing the current scenario of the market?
  3. What key factors would propel and impede the industry across the region?
  4. How has the industry been evolving in terms of geography & product adoption?
  5. How has the competition been shaping up across various countries?
  6. How have buying behavior, customer inclination, and expectations from product manufacturers been evolving during 2020-30?
  7. Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?

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