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Growing Demand and Size of Office Furniture Market: Key Drivers and Trends

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The Global Office Furniture Market size is projected to grow at a CAGR of around 5% during the forecast period, i.e., 2023-28. – PowerPoint PPT presentation

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Title: Growing Demand and Size of Office Furniture Market: Key Drivers and Trends


1
Exploring the Future Potential of Office
Furniture Market Size, Share, and Development
Analysis
The Global Office Furniture Market size is
projected to grow at a CAGR of around 5 during
the forecast period, i.e., 2023-28.
www.marknteladvisors.com
2
ABOUT US
WHO ARE WE?
1
  • 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

3
Global Office Furniture Market Size, Share,
Analysis, Trends Future Forecast 2028
  • The primary objective of this study is to equip
    readers with a clear understanding of the market
    landscape, including segmentation, potential
    opportunities, significant trends, and existing
    challenges. The report's development involved
    extensive research and analysis, ensuring readers
    gain profound insights into the market dynamics
    and its potential trajectory.
  • The study is designed to aid in understanding the
    market and assist in formulating appropriate
    strategies for business expansion. Within the
    strategy study, a thorough analysis is provided
    for both new entrants and existing competitors in
    the industry under examination. This includes
    insights ranging from marketing channels and
    market positioning to future growth strategies.
    The study continually monitors prevailing market
    dynamics, such as driving and hindering forces,
    in addition to corporate activities such as
    mergers, acquisitions, and investments. It
    encompasses market size (value and volume),
    market share, growth rate, and employs a blend of
    qualitative and quantitative methodologies to
    provide projections specific to various locations
    or nations.

4
GCC Warehouse Automation Market Size, Share,
Analysis, Trends Future Forecast 2028
The primary objective of this study is to equip
readers with a clear understanding of the market
landscape, including segmentation, potential
opportunities, significant trends, and existing
challenges. The report's development involved
extensive research and analysis, ensuring readers
gain profound insights into the market dynamics
and its potential trajectory. The study is
designed to aid in understanding the market and
assist in formulating appropriate strategies for
business expansion. Within the strategy study, a
thorough analysis is provided for both new
entrants and existing competitors in the industry
under examination. This includes insights ranging
from marketing channels and market positioning to
future growth strategies. The study continually
monitors prevailing market dynamics, such as
driving and hindering forces, in addition to
corporate activities such as mergers,
acquisitions, and investments. It encompasses
market size (value and volume), market share,
growth rate, and employs a blend of qualitative
and quantitative methodologies to provide
projections specific to various locations or
nations.
5
Prominent Market Segments and Key Players
  • In this section, a comprehensive examination of
    effective marketing strategies, market
    contributions, and recent advancements is carried
    out for prominent companies like 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. Various
    methods and analyses are employed to ensure a
    detailed and reliable understanding of the
    market. The global Office Furniture market is
    divided into distinct segments, namely

6
Global Office Furniture Market Segments as
Follows
  • 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),

7
Global Office Furniture Industry Recent
Developments
  • In August 2019, leading player Knoll acquired
    an E-commerce company, Fully, which offers easy
    access to high-performance furniture for home
    offices small businesses.
  • The Levi office chair by Itoki Corporation won
    the iF Design Award 2020, its fifth worldwide
    honor.
  • In April 2021, the leader Herman Miller Inc.
    revealed its plan to purchase Knoll Inc. in a
    cash--stock deal, catalyzing the transformation
    of homes offices.

8
Some of the Key Questions Answered in this Report
  • What are the growth projections for the years
    2023-2028?
  • Which market factors will aid in developing
    client and business strategies?
  • What are the critical market opportunities for
    each segment enlisted in the research report?
  • What are the primary growth tactics used by the
    major market players?

9
Why You Should Choose MarkNtel Advisors for Your
Market Research Needs
  • Valuable Insights for Informed Decisions Our
    reports offer valuable and current insights that
    can be easily turned into actions. Whether you're
    a company looking to launch a new venture or
    expand profitably, our reports will guide you
    towards success.
  • Numerous Benefits Our analysis of the Global
    Office Furniture Market provides a wide range of
    advantages, including market research insights,
    comprehensive information, industry projections,
    and data trends.
  • In-Depth Analysis Our Global Office Furniture
    Market report goes deep into various industries,
    expertly examining important market trends,
    consumer behavior, and competitive landscapes.
    Stakeholders can expect a wealth of insights to
    shape their business strategies.

10
Our Solutions Offering Flexible and Scalable
Solutions across Verticals
  • Company Insights
  • Account profiles
  • Product intelligence
  • Competitive intelligence
  • Industry market landscape
  • Customer case studies
  • Prospect identification
  • Investor pitch decks
  • Industry Market Insights
  • Market size estimation
  • Go-to-market strategies
  • Business plans
  • Industry market landscape
  • Growth strategy support
  • Market entry support
  • Consumer Insights
  • Product concept testing
  • Consumer behavior surveys
  • Brand health studies
  • Customer segmentation
  • Voice of customer surveys
  • Trade Insights
  • Distribution channel audits
  • Trade margin analysis
  • In-store visibility audits
  • Supplier audits
  • Product mix analysis

11
Our 360Approach Combining Various Techniques to
Deliver Holistic Solutions
  • Data Insights
  • In-depth stakeholder interviews
  • Consumer surveys
  • Mystery surveys
  • Expert interviews
  • Secondary Research
  • Desktop research
  • Syndicated research reports
  • Proprietary databases
  • Industry associations trade data
  • Primary Research
  • In-depth stakeholder interviews
  • Consumer surveys
  • Mystery surveys
  • Expert interviews

12
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
Low Focus Geographies

13
For More Explore Here,
  • Ask Analyst for Customization and Browse full
    report with TOC List of Figure
    https//www.marknteladvisors.com/query/request-cus
    tomization/office-furniture-market.html
  • Full Market Research Report - https//www.markntel
    advisors.com/research-library/office-furniture-mar
    ket.html
  • Request for a sample copy of this report
    https//www.marknteladvisors.com/query/request-cus
    tomization/office-furniture-market.html

14
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15
1 628 895 8081 91 120 4278433
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