Office Furniture Market Research Report: Forecast (2022-27)

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Office Furniture Market Outlook, current and
upcoming Industry landscape Analysis 2027
 
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Market Insights

• MarkNtel Advisors presents a comprehensive
  research report on the The Global Office
  Furniture Market is projected to grow at a CAGR
  of around 5 during the forecast period, i.e.,
  2022-27 delving into a thorough analysis of the
  industry's changing dynamics, growth drivers,
  challenges, key trends, and lucrative
  opportunities. This study aims to provide
  stakeholders in the market with detailed
  insights, enabling them to make informed and
  strategic decisions that will yield higher
  revenues in the coming years. With a focus on
  delivering value, the report covers a wide range
  of aspects, ensuring a holistic understanding of
  the market landscape.
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Unlocking Market Insights Exploring Key Aspects
in the Office Furniture Market Report (2022-2027)

• It analyzes the fluctuations in revenue across
  different segments and geographical regions,
  considering the evolving trends and purchasing
  patterns of end-users.
• The report highlights key developments,
  including the introduction of new services,
  expansion of product portfolios, revenue
  generation strategies of major players,
  stakeholder investments, and the role of
  governments.
• Additionally, it offers an unbiased overview of
  market trends, innovations, technological
  advancements, and fluctuations, as observed by
  industry experts.
• To ensure reliable data generation and analysis,
  the report utilizes tools such as SWOT
  (Strengths, Weaknesses, Opportunities, Threats)
  and PESTLE (Political, Economic, Social,
  Technological, Legal, and Environmental)
  analysis.
• The competitive landscape section of the report
  showcases the dynamic strategies employed by
  leading players to enhance profit margins and
  expand their market presence across different
  regions.

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Key Trend in the Global Office Furniture Market -
Escalating Transformation of Furniture
Manufacturers toward Digital Platforms

• Since the prevalence of the internet
  digitalization is gaining momentum among
  industries of all sizes, online platforms are
  becoming a prominent forum for shopping. It, in
  turn, is instigating the leading furniture
  manufacturers to transform expand their
  reachability across different regions and offer
  greater convenience for customers by eliminating
  the need for multiple store visits.
• Besides, benefits like easy product comparison,
  affordable prices, and extensive availability of
  designs are also propelling the demand for
  furniture through e-commerce platforms and
  becoming an emerging trend in the Global Online
  Furniture Market.

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The study's objective was to

• 1. Market size by major regions/nations and other
  study segments are taken into account and
  analysed.
• 2. A better comprehension of market structure.
• 3. Identifies, portrays, and examines Market
  Players to determine value, share, the
  competitive landscape, SWOT analysis, and future
  development strategies.
• 4. To assess the market's particular growth
  trends, potential, and overall commitment.
• 5. To convey in-depth information about the major
  market growth influences (growth potential,
  industry-specific challenges, and risks).
• 6. To assess the market's size in relation to
  important regions and the relevant main
  countries.
• 7. To assess market developments for competitive
  analysis, such as market growth, partnerships,
  new product introductions, and acquisitions.

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Important Players Analysis

• The competitive landscape of the Office Furniture
  Market depicts the dynamic scenario among
  industry players, highlighting their market
  positions, strategies, and initiatives. It
  encompasses an analysis of key competitors, their
  strengths, weaknesses, opportunities, and threats
  (SWOT analysis). The report also sheds light on
  the market share, product offerings, business
  expansion, collaborations, mergers and
  acquisitions, and other strategic activities
  undertaken by these players to gain a competitive
  edge. Additionally, it examines the competitive
  intensity, market barriers, and potential entry
  of new players, providing a comprehensive
  understanding of the market's competitive
  landscape.
• Aurora Corporation, Fursys Inc., Global Furniture
  Group, HNI Corporation, Haworth, 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

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Market Segmentation

• By Material (Plastic, Wood, Metal, Glass),
• By Product (Seating (Chairs/Bench/Sofa/Couch),
  System, Table, Storage Cabinets),
• By Distribution Channel (Retail, Direct to
  Consumer, E-Commerce),
• By Region (North America, South America, Europe,
  Middle East Africa, Asia-Pacific),
• By Countries (The US, Canada, Mexico, Brazil, The
  UK, France, Germany, Italy, Spain, The UAE, Saudi
  Arabia, South Africa, China, India, Japan,
  Australia, South Korea)

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Our Value Proposition Delivering World-Class
Intelligence and Insights
We leverage our expertise in research, analytics,
and knowledge management, to minimize the
challenges of high costs, insufficient access,
and low quality knowledge processes for our
clients.
Accelerating Growth
Our solutions are aimed at supporting our
clients' strategic needs that are critical to
accelerate their growth and value creation
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Our Value Proposition Delivering World-Class
Intelligence and Insights
We leverage our expertise in research, analytics,
and knowledge management, to minimize the
challenges of high costs, insufficient access,
and low quality knowledge processes for our
clients.
Simplifying Decisions
We help businesses make smarter and
better-informed decisions by delivering
meaningful information, intelligence and insights
10
Our Value Proposition Delivering World-Class
Intelligence and Insights
We leverage our expertise in research, analytics,
and knowledge management, to minimize the
challenges of high costs, insufficient access,
and low quality knowledge processes for our
clients.
Maximizing Technology Enablement
We invest in state-of-the-art tools and
technologies to increase effectiveness and cost
efficiencies for our clients
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Our Value Proposition Delivering World-Class
Intelligence and Insights
We leverage our expertise in research, analytics,
and knowledge management, to minimize the
challenges of high costs, insufficient access,
and low quality knowledge processes for our
clients.
Leading with Experience
Our senior management team brings over 50 years
of cumulative experience supporting reputed
clients globally
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Our Solutions Offering Flexible and Scalable
Solutions across Verticals
Company Insights
Industry Market Insights

• Account profiles
• Product intelligence
• Competitive intelligence

• Industry market landscape
• Growth strategy support
• Market entry support

• Customer case studies
• Prospect identification
• Investor pitch decks

• Market size estimation
• Go-to-market strategies
• Business plans

Trade Insights
Consumer Insights

• Distribution channel audits
• Trade margin analysis
• In-store visibility audits

• Product concept testing
• Consumer behavior surveys
• Brand health studies

• Supplier audits
• Product mix analysis

• Customer segmentation
• Voice of customer surveys

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Our 360Approach Combining Various Techniques to
Deliver Holistic Solutions
Data Insights
Secondary Research
Primary Research

• Internal CRM/sales data
• Social media data
• Data modelling for forecasting and market sizing

• Desktop research
• Syndicated research reports
• Proprietary databases
• Industry associations trade data

• In-depth stakeholder interviews
• Consumer surveys
• Mystery surveys
• Expert interviews

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About Us
Who are we?

• MarkNtel Advisors is a leading research,
  consulting and data analytics firm that provides
  a wide range of strategic reports on diverse
  industry verticals to a substantial and varied
  client base that includes multinational
  corporations, financial institutions,
  governments, and individuals. 
• We specialize in niche industries and emerging
  geographies to support our clients in the
  formulation of strategies viz. Go to Market
  (GTM), Product Development, feasibility analysis,
  project scoping, market segmentation, competitive
  benchmarking, market sizing forecasting, trend
  analysis etc. in around 15 industry verticals to
  enable our clients in identifying attractive
  investment opportunities and maximizing ROI
  through an early mover advantage

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We understand the growing need of our clients and
thus focus on emerging industries to provide our
services which can fulfill their need for
assessing the current and future industry
potential, identification of white spaces
hotspots and venturing into new geographies or
business segments
700 Research, Consulting, Advisory Data
Analytics Studies Delivered
200 Global Clients Served Across Industries
Geographies
70 Team of experienced analysts (FTEs)
90 Customer Satisfaction Rate
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MarkNtel Advisors Target Geographies- Focus Areas

• MarkNtel has strategically defined its target
  areas which are based on evaluation by its
  analysts after analysing the growth potential of
  various regions. Few of those parameters include
• Political, Economic, Social, Technological and
  Environmental Analysis
• Credit Ratings provided by leading institutions
• GDP projections by bodies such as the World Bank,
  IMF, OECD, etc.
• Market Disruptions and the Next Big Things

Major Target Areas
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