Global Office Furniture Market Analysis By Type (Office Chairs, Office Tables, Storage Furniture, Office Systems Furniture), By Sales Channel, Production and Demand Forecast till 2022

According to a study by Fact.MR, the global office furniture market is expected to experience steady growth. The market is estimated to reach US$ 30,501.2 million revenue towards 2022 end.

Rockville, US, 2018-Apr-13 — /EPR Network/ — The global market discussion on office furniture industry can be found in the latest study by Fact.MR, which has been freshly added to its massive collection of research database. The report is titled “Office Furniture Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022”, which works to enlighten the readers about the major factors prompting the growth of the concerned market. Apart from that, the research majorly focuses on office furniture market’s competitive outlook by profiling major players functioning across the globe. As the report moves ahead, information regarding the prominent trends as well as opportunities in the key geographical segments has also been elaborated, thus enabling companies to be able to make region-specific strategies for gaining the competitive lead. Some of the prime regions emphasized in the study include key regions.

Request for Sample Report@ https://www.factmr.com/connectus/sample?flag=S&rep_id=280

According to the latest report by Fact.MR, the global office furniture market is expected to witness above-average growth. The market is estimated to register 5.8% CAGR during the forecast period 2017-2022. Owing to the rising number of corporate offices along with the rise in employment rate is driving the growth in office furniture market. Manufacturers are also working on new look and designs to offer multipurpose and comfortable office furniture. Modular type of furniture which is tech-friendly and boosts productivity. Following insights show how the global market for office furniture will perform in the next five years.

4 Forecast Highlights on Global Office Furniture Market

1- Asia Pacific Excluding Japan (APEJ) is expected to remain dominant in the global office furniture market. Experiencing robust growth, APEJ office furniture market is estimated to reach close to US$ 14,800 million revenue by the end of 2022. APEJ is witnessing healthy growth due to the increasing number of commercial complexes, tech parks and expansion of MNCs in the region.

2- North America is expected to emerge as the second most lucrative market in the global office furniture market. Owing to the increasing adoption of innovative technologies in the region and change in overall operations, companies in the region are shifting towards the furniture that can meet their specific needs.

3- Office chairs are expected to emerge as one of the most used and preferred products in the office furniture market. Office chairs are projected to gain around one-third of the revenue share by 2017 end. Towards the end of 2022, office chairs are estimated to bring in nearly US$ 8,900 million revenue.

4- Office furniture sales through retail stores are expected to be highest during the forecast period 2017-2022. Retail stores as a sales channel is likely to experience above-average growth throughout the forecast period. Meanwhile, direct to consumer is also expected to witness steady growth. It is projected to create incremental opportunity exceeding US$ 1,800 million between 2017 and 2022.

Regional Outlook

Asia Pacific Excluding Japan (APEJ) is projected to witness impressive growth, exceeding US$ 14,700 million revenue by the end of 2022. Increasing development of corporate offices, rise in a number of MNCs building new offices, and growing number of startups and new entrants resulting in more number of employees are some of the factors driving the growth of office furniture in the region.

Browse Full Report with TOC@ https://www.factmr.com/report/280/office-furniture-market

Table of Contents:

1. Global Office Furniture Market – Executive Summary
2. Global Office Furniture Market Overview
   2.1. Introduction
   2.1.1. Global Office Furniture  Market Taxonomy
   2.1.2. Global Office Furniture  Market Definition
   2.2. Global Office Furniture  Market Size (US$ Mn) and Forecast, 2012-2022
   2.2.1. Global Office Furniture  Market Y-o-Y Growth
   2.3. Global Office Furniture  Market Dynamics
   2.4. Cost Structure
   2.5. Pricing Analysis
   2.6. Market Opportunities
   2.7. Product Innovations
   2.8. List of Distributors
   2.9. Key Participants in the Market By Region
3. Global Office Furniture  Market Analysis and Forecast By Product Type 
   3.1. Global Office Furniture  Market Size and Forecast By Product Type, 2012-2022
   3.1.1. Office Chairs Market Size and Forecast, 2012-2022
   3.1.1.1. Revenue (US$ Mn) Comparison, By Region
   3.1.1.2. Market Share Comparison, By Region
   3.1.1.3. Y-o-Y growth Comparison, By Region
   3.1.2. Office Tables Market Size and Forecast, 2012-2022
   3.1.2.1. Revenue (US$ Mn) Comparison, By Region
   3.1.2.2. Market Share Comparison, By Region
   3.1.2.3. Y-o-Y growth Comparison, By Region
   3.1.3. Storage Furniture Market Size and Forecast, 2012-2022
   3.1.3.1. Revenue (US$ Mn) Comparison, By Region
   3.1.3.2. Market Share Comparison, By Region
   3.1.3.3. Y-o-Y growth Comparison, By Region

Continued…….

Check Discount on this Report@ https://www.factmr.com/connectus/sample?flag=D&rep_id=280

About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

Contact Us
Fact.MR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/