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    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

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    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Research Reports

    Global Office Furniture Market to be Driven by Increasing Business Environment in Developing and Underdeveloped Nations in the Forecast Period of 2021-2026

    Global Office Furniture Market to be Driven by Increasing Business Environment in Developing and Underdeveloped Nations in the Forecast Period of 2021-2026

    Published by Uma Rajagopal

    Posted on November 25, 2021

    Featured image for article about Research Reports

     

     

    The new report by Expert Market Research titled, ‘Global Office Furniture Market Report and Forecast 2021-2026’, gives an in-depth analysis global office furniture market assessing the market based on product type, material type, distribution channel, price range, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

    Get a Free Sample Report with Table of Contents: https://www.expertmarketresearch.com/reports/office-furniture-market/requestsample

     

    The key highlights of the report include:

     

    Market Overview (2016-2026)

     

    • Historical Market Size (2020): USD 72.1 Billion
    • Forecast CAGR (2021-2026): 5.3%
    • Forecast Market Size (2026): USD 98.3 Billion

     

    With the growing business climate in emerging and impoverished nations worldwide, office furniture is increasing importance. Renovation and modification projects are expanding in nations like the United States, China, and India, driving the industry. Positive trade ties and government policies, such as foreign direct investment and trade relaxations in Asia and the Middle East, helped the market record more revenue transactions.

     

    Industry Definition and Major Segments

     

    Seating, computer system installation, and document storage are all done using home office furniture. It is widely used by employees, students, professionals, and entrepreneurs for reading, writing, running desktops and laptops, participating in online meetings and lectures, and storing information in hard drive storage areas.

     

    Read Full Report with Table of Contents – https://www.expertmarketresearch.com/reports/office-furniture-market

     

    The office furniture industry can be segmented based on product type into:

     

    • Seating
    • Systems
    • Tables
    • Storage Units and File Cabinets
    • Overhead Bins
    • Others

     

    On the basis of material type, the office furniture market is divided into:

     

    • Wood
    • Metal
    • Plastic and Fibre
    • Glass
    • Others

     

    On the basis of distribution channel, the industry is divided into:

     

    • Direct Sales
    • Specialist Store
    • Non-Specialist Stores
    • Online
    • Others

     

    The industry is segregated on the basis of price range into:

     

    • Low
    • Medium
    • High

     

    The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

     

    Market Trends

     

    Customers began using e-commerce platforms for their business requirements, reducing the frequency of visits to conventional retail establishments to compare items and pricing. More merchants are turning to online selling to save costs and improve profits. Online furniture companies are also growing to reduce the requirement for leased space and inventory. Popular online office furniture sellers include Amazon and Wayfair. Online merchants had to strengthen buying processes in terms of security and reliability, which boosted demand for office furniture. Convenient return procedures integrated, and unified customer support are just a few of the policies that encourage online purchases.

     

    Asia Pacific is the world’s fastest growing office furniture market. The top four contributors are China, Japan, Australia, and India. Many major office furniture manufacturers are partnering with e-commerce retailers to expand their distribution networks. Demand for office furniture rose along with commercial property and service sector jobs. A rising number of start-ups and corporate expansions is also predicted to fuel the region’s market growth. Demand for office space and jobs is expected to drive the rise in the region. Expansion of international corporations in Asia-Pacific should also increase the region’s office furniture industry.

     

    Key Market Players

     

    The major players in the market are Herman Miller, Inc., Steelcase Inc., Bene GmbH, Knoll, Inc., and Haworth Inc., and among others. The report covers the market shares, capacities, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

     

    Read More Reports:

     

    Global Blow Moulds Market: https://www.expertmarketresearch.com/reports/blow-moulds-market

     

    Global Spectacles Market: https://www.expertmarketresearch.com/reports/spectacles-market

     

    Global Disposable Razor Blades Market: https://www.expertmarketresearch.com/reports/disposable-razor-blades-market

     

    Global Readymade Garments Market: https://www.expertmarketresearch.com/reports/readymade-garments-market

     

    Global White Goods Market: https://www.expertmarketresearch.com/reports/white-goods-market

     

    Global Protective Clothing Market: https://www.expertmarketresearch.com/reports/protective-clothing-market

     

    Global Aromatherapy Diffuser Market: https://www.expertmarketresearch.com/reports/aromatherapy-diffuser-market

     

    Global Cloud Services Brokerage Market: https://www.expertmarketresearch.com/reports/cloud-services-brokerage-market

     

    Global Leisure Travel Market: https://www.expertmarketresearch.com/reports/leisure-travel-market

     

    Global Doors Market: https://www.expertmarketresearch.com/reports/doors-market

     

    About Us:

     

    Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

     

    At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

     

    We also provide state-of-the-art procurement intelligence through our platform, https://www.procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.

     

    Informes de Expertos (https://www.informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

     

    Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

     

    Also visit: https://takeitcool.com/

     

    Media Contact

     

    Company Name: EMR Inc.
    Contact Person:-Ian Bell, Business Consultant
    Email: sales@expertmarketresearch.com
    Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
    Address: 30 North Gould Street, Sheridan, WY 82801, USA
    City: Sheridan
    State: Wyoming
    Country: United States
    Website: https://www.expertmarketresearch.com

     

    **We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

     

    Explore more on Procurement Intelligence services of EMR Inc.

     

     

    The new report by Expert Market Research titled, ‘Global Office Furniture Market Report and Forecast 2021-2026’, gives an in-depth analysis global office furniture market assessing the market based on product type, material type, distribution channel, price range, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

    Get a Free Sample Report with Table of Contents: https://www.expertmarketresearch.com/reports/office-furniture-market/requestsample

     

    The key highlights of the report include:

     

    Market Overview (2016-2026)

     

    • Historical Market Size (2020): USD 72.1 Billion
    • Forecast CAGR (2021-2026): 5.3%
    • Forecast Market Size (2026): USD 98.3 Billion

     

    With the growing business climate in emerging and impoverished nations worldwide, office furniture is increasing importance. Renovation and modification projects are expanding in nations like the United States, China, and India, driving the industry. Positive trade ties and government policies, such as foreign direct investment and trade relaxations in Asia and the Middle East, helped the market record more revenue transactions.

     

    Industry Definition and Major Segments

     

    Seating, computer system installation, and document storage are all done using home office furniture. It is widely used by employees, students, professionals, and entrepreneurs for reading, writing, running desktops and laptops, participating in online meetings and lectures, and storing information in hard drive storage areas.

     

    Read Full Report with Table of Contents – https://www.expertmarketresearch.com/reports/office-furniture-market

     

    The office furniture industry can be segmented based on product type into:

     

    • Seating
    • Systems
    • Tables
    • Storage Units and File Cabinets
    • Overhead Bins
    • Others

     

    On the basis of material type, the office furniture market is divided into:

     

    • Wood
    • Metal
    • Plastic and Fibre
    • Glass
    • Others

     

    On the basis of distribution channel, the industry is divided into:

     

    • Direct Sales
    • Specialist Store
    • Non-Specialist Stores
    • Online
    • Others

     

    The industry is segregated on the basis of price range into:

     

    • Low
    • Medium
    • High

     

    The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

     

    Market Trends

     

    Customers began using e-commerce platforms for their business requirements, reducing the frequency of visits to conventional retail establishments to compare items and pricing. More merchants are turning to online selling to save costs and improve profits. Online furniture companies are also growing to reduce the requirement for leased space and inventory. Popular online office furniture sellers include Amazon and Wayfair. Online merchants had to strengthen buying processes in terms of security and reliability, which boosted demand for office furniture. Convenient return procedures integrated, and unified customer support are just a few of the policies that encourage online purchases.

     

    Asia Pacific is the world’s fastest growing office furniture market. The top four contributors are China, Japan, Australia, and India. Many major office furniture manufacturers are partnering with e-commerce retailers to expand their distribution networks. Demand for office furniture rose along with commercial property and service sector jobs. A rising number of start-ups and corporate expansions is also predicted to fuel the region’s market growth. Demand for office space and jobs is expected to drive the rise in the region. Expansion of international corporations in Asia-Pacific should also increase the region’s office furniture industry.

     

    Key Market Players

     

    The major players in the market are Herman Miller, Inc., Steelcase Inc., Bene GmbH, Knoll, Inc., and Haworth Inc., and among others. The report covers the market shares, capacities, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

     

    Read More Reports:

     

    Global Blow Moulds Market: https://www.expertmarketresearch.com/reports/blow-moulds-market

     

    Global Spectacles Market: https://www.expertmarketresearch.com/reports/spectacles-market

     

    Global Disposable Razor Blades Market: https://www.expertmarketresearch.com/reports/disposable-razor-blades-market

     

    Global Readymade Garments Market: https://www.expertmarketresearch.com/reports/readymade-garments-market

     

    Global White Goods Market: https://www.expertmarketresearch.com/reports/white-goods-market

     

    Global Protective Clothing Market: https://www.expertmarketresearch.com/reports/protective-clothing-market

     

    Global Aromatherapy Diffuser Market: https://www.expertmarketresearch.com/reports/aromatherapy-diffuser-market

     

    Global Cloud Services Brokerage Market: https://www.expertmarketresearch.com/reports/cloud-services-brokerage-market

     

    Global Leisure Travel Market: https://www.expertmarketresearch.com/reports/leisure-travel-market

     

    Global Doors Market: https://www.expertmarketresearch.com/reports/doors-market

     

    About Us:

     

    Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

     

    At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

     

    We also provide state-of-the-art procurement intelligence through our platform, https://www.procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.

     

    Informes de Expertos (https://www.informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

     

    Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

     

    Also visit: https://takeitcool.com/

     

    Media Contact

     

    Company Name: EMR Inc.
    Contact Person:-Ian Bell, Business Consultant
    Email: sales@expertmarketresearch.com
    Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
    Address: 30 North Gould Street, Sheridan, WY 82801, USA
    City: Sheridan
    State: Wyoming
    Country: United States
    Website: https://www.expertmarketresearch.com

     

    **We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

     

    Explore more on Procurement Intelligence services of EMR Inc.

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