Title: Home Office Furniture Market Is Likely to Experience a Strong Growth During 2021-2026
1Presents a Research Report on Home Office
Furniture Market
The Home Office Furniture Market is Segmented
by Product Type (Seating, Storage Units, Desks
and Tables, and Others), by Material Type (Wood,
Metal, Plastic, Glass, and Others),
by Distribution Channel Type (Flagship Stores,
Specialty Stores, Online and Others), and
by Region (North America, Europe, Asia-Pacific,
and Rest of the World)
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2Home Office Furniture Market Highlights Drivers
- Home office furniture market is likely to witness
an impressive CAGR of 6.8 during the forecast
period. - Growing urbanization, rise in entrepreneurship
and work from home culture, and development of
multi-functional furniture are the prime factors
contributing to the demand for home office
furniture. - Increasing popularity of smart furniture in urban
areas is also one of the key factors driving the
market growth.
- Market Insights
- By Distribution Channel Type
- Based on the distribution channel type, the home
office furniture market is segmented as flagship
stores, specialty stores, online and others. - The online segment was the fastest-growing
segment of the market in 2020 and is likely to
maintain its dominance over the forecast period. - Policies such as secured transactions, cash on
options, convenient return, and integrated and
centralized customer service encourage consumers
to purchase furniture online, which is driving
the growth of the segment during the forecast
period.
3Market Insight
- By Region
- In terms of regions, North America is estimated
to be the largest market during the forecast
period, with the USA, Canada, and Mexico being
the major countries with lucrative growth
opportunities. The growth of the regions market
is mainly driven by the rising trend of work from
home in the USA. A majority of employers are
giving facility to their employees to work
remotely, which in turn, is fueling the demand
for home offices. People are also involving
themselves in other entrepreneurial activities
which lead to the high demand for home offices to
greet their own personal clients in a safe and
confined space. This new trend is also a key
factor determining the growth of the market in
the region. Europe and Asia-Pacific are also
likely to offer promising growth opportunities
during the forecast period.
4Competitive Insights Market Segmentation
- Key Players
- Ashley Furniture Industries, Inc.
- Haworth Inc.
- Herman Miller Inc.
- HNI Corporation
- Hooker Furniture Corporation
- Inter IKEA Holding B.V.
- Kimball International
- Knoll Inc.
- KOKUYO Co. Ltd.
- Steelcase Inc.
5Market Segmentation
- Market Segmentation
- Home Office Furniture Market Size, Share,
Forecast, by Product Type - Seating (Regional Analysis North America,
Europe, Asia-Pacific, and RoW) - Storage Units (Regional Analysis North America,
Europe, Asia-Pacific, and RoW) - Desks and Tables (Regional Analysis North
America, Europe, Asia-Pacific, and RoW) - Others (Regional Analysis North America, Europe,
Asia-Pacific, and RoW) - Home Office Furniture Market Size, Share,
Forecast, by Material Type - Wood (Regional Analysis North America, Europe,
Asia-Pacific, and RoW) - Metal (Regional Analysis North America, Europe,
Asia-Pacific, and RoW) - Plastic (Regional Analysis North America,
Europe, Asia-Pacific, and RoW) - Glass (Regional Analysis North America, Europe,
Asia-Pacific, and RoW) - Others (Regional Analysis North America, Europe,
Asia-Pacific, and RoW)
6Market Segmentation
- Home Office Furniture Market Size, Share,
Forecast, by Distribution Channel Type - Flagship Stores (Regional Analysis North
America, Europe, Asia-Pacific, and RoW) - Specialty Stores (Regional Analysis North
America, Europe, Asia-Pacific, and RoW) - Online (Regional Analysis North America, Europe,
Asia-Pacific, and RoW) - Others (Regional Analysis North America, Europe,
Asia-Pacific, and RoW) - Home Office Furniture Market Size, Share,
Forecast, by Region - North America (Country Analysis the USA, Canada,
and Mexico) - Europe (Country Analysis Germany, France, the
UK, Russia, and Rest of Europe) - Asia-Pacific (Country Analysis China, Japan,
India, and Rest of Asia-Pacific) - Rest of the World (Sub-Region Analysis Latin
America, the Middle East, and Others)
7Research Methodology
Data Analysis (Top Down and Bottom Up Approach)
Data Triangulation (Data Evaluation and Multiple
Data Triangulation)
Final Deliverables (Final Report with All
Findings)
Stratview Research follows a rigorous methodology
with high emphasis on primary research and
multiple ways of data triangulation. We conduct
primary research across the value chain to
provide 360 degree view of the market.
Secondary Research
Stratview Research Internal Knowledgebase
Primary Research
- Annual Reports / Fact Book
- Company Websites
- Magazines / Publications
- Press Releases Journals
- Industry News
- Association Articles
- Government Documents
- Social Media
- Others
- Robust database across value chain
- In-house industry veterans as advisors
- Project based subject matter experts
- Industry Players
- Industry Experts
- Suppliers
- Customers
- Associations
- Government Institutions
- Others
8Report Features
- This report provides market intelligence in the
most comprehensive way. The report structure has
been kept such that it offers maximum business
value. It provides critical insights on the
market dynamics and will enable strategic
decision making for the existing market players
as well as those willing to enter the market. The
following are the key features of the report - Market structure Overview, industry life cycle
analysis, supply chain analysis. - Market environment analysis Growth drivers and
constraints, Porters five forces analysis, SWOT
analysis. - Market trend and forecast analysis.
- Market segment trend and forecast.
- Competitive landscape and dynamics Market share,
product portfolio, product launches, etc. - Attractive market segments and associated growth
opportunities. - Emerging trends.
- Strategic growth opportunities for the existing
and new players. - Key success factors.
9About Stratview Research
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