Office Furniture Market Gaining from Rising Sales


Description
The objective of this report is to define, describe, and forecast the market on the basis of type, application, medical condition, and region. It provides detailed information regarding the major factors influencing the growth of the market. This report also tracks and analyzes competitive developments of the key players in terms of market developments, product portfolios, and financials


Office furniture consists of specific furniture designed for office applications such as individual workstations, meetings, lounges, and cafeterias. Wood, steel, plastic, glass, and other materials are used in manufacturing office furniture. The major factors that aid in the growth of the global furniture market are increasing population, high global penetration of organized retail, and rapidly growing real estate industry across the globe. The growth in the market is expected to be driven by a growing demand for premium, ready-to-assemble, eco-friendly, and designer furniture.

Technavio's analysts forecast the global office furniture market to grow at a CAGR of 3.71% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global office furniture market for 2017-2021. To calculate the market size, the report considers the new installations value market.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global Office Furniture Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Herman Miller
• HNI
• KOKUYO
• Okamura
• Steelcase
Other prominent vendors
• 9to5 Seating
• AFC SYSTEMS
• BERCO DESIGNS
• Clarin
• Creative Wood
• Global Upholstery Solutions
• Godrej & Boyce
• KI
• Kimball International
• Kinnarps
• Knoll
• Meridian Office Group
• Sedus
• Teknion
• Wipro Furniture Business
Market driver
• Growing demand for modern, luxury furniture
• For a full, detailed list, view our report

Market challenge
• High transportation cost and freight loss
• For a full, detailed list, view our report

Market trend
• Developing innovative and cost-effective products
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key Market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space


This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis

About Us

Radiant Insights is a market research and consulting company offering syndicated research studies, customized reports, and consulting services. Our market research studies are designed to facilitate strategic decision making, on the basis of extensive and in-depth quantitative information, supported by extensive analysis and industry insights. Using a patented and robust research methodology, we publish exhaustive research reports covering a host of industries such as Technology, Chemicals, Materials, and Energy. Radiant Insights has a strong base of analysts, consultants and domain experts, with global experience helping us deliver excellence in all research projects we undertake

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