Home Office Furniture Market Forecast 2030 with Charts, Data Visuals & Insights
Home Office Furniture Market Size & Insights
The Global Home Office Furniture Market is estimated to grow at a CAGR of around 5.8% during the forecast period, i.e., 2023-30. The market growth would be propelled mainly by the trends of remote working, coupled with the rising demand for ergonomic & stylish home office furniture products. Home office furniture is largely used by professionals, employees, students, and entrepreneurs for a variety of purposes, such as seating, storing files, writing, reading, installing computer systems, operating laptops/desktops, etc.
What are
the Key DROs in the Home Office Furniture Market?
Rising Adoption of Remote & Flexible Work
Practices Drives Market Growth – The COVID-19 pandemic,
digital technology trends, and improved internet connectivity have resulted in
the growing acceptance of remote work. Consequently, many individuals now
prefer to work from home or set up home offices to create a productive work
environment, owing to which several organizations are implementing
work-from-home policies to ensure business continuity & employee safety.
What are
the Key Segments in the Home Office Furniture Market?
The Home Office Furniture is categorized into notable segments, which
help in understanding the structure, dynamics, and opportunities within the
market. These segments are typically based on:
By
Product Type
o Seating
o Tables
o Storage Units and File Cabinets
o Others -Market Size &
Forecast 2018-2030, (USD Million)
The Seating segment holds a prominent share of
the Global Home Office Furniture Market. Seating furniture is a crucial
component of home office furniture, as comfortable & ergonomic chairs are
essential for productivity & well-being during long working hours.
By
Material
o Wood
o Metal
o Plastic
o Others
By
Distribution Channel
o Supermarkets & Hypermarkets
o Specialty Stores
o E-Commerce
o Others
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How does
geographical analysis highlight in the Home Office Furniture market?
By Region
o North America
o South America
o Europe
o Asia-Pacific
o The Middle East and Africa
North America is predicted to dominate the Home
Office Furniture Market during 2023-28. It owes to the shift toward remote work
triggered by the COVID-19 pandemic, which significantly increased the demand
for home office furniture as individuals set up functional & comfortable
workspaces in their homes, coupled with the strong focus of individuals on
work-life balance.
Who are
the Key Players in Home Office Furniture Market?
·
Haworth
·
Herman Miller Inc.
·
HNI Corporation
·
Knoll
·
Steelcase
·
Ashley Furniture
Industries Inc
·
Global Furniture Group
·
Kimball International
Inc.
·
Okamura Corp.
·
Interior Systems, Inc.
·
DURHAM FURNITURE
·
INTER IKEA SYSTEMS BV
·
MASCO CORPORATION
·
OKAMURA CORPORATION
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Home
Office Furniture Market News
- In April 2023, Steelcase, a global
leader in office furniture design and manufacturing, launched Steelcase
Karman™, a first-of-its-kind ergonomic mesh chair designed to naturally
respond to the body’s movements and provide comfort in an entirely new way
while delivering on sustainability.
- In February 2023, Herman Miller unveiled
Passport, the intuitive height-adjustable table, i.e., a staple in the
home & office environment. It is designed to fit everywhere, maximize
performance, and minimize footprint.
- In October 2022, IKEA India launched a live-streaming shopping experience, Live from IKEA, i.e., a series of live episodes where customers can engage with home & office furnishing experts for ideas and inspiration.
Key pillars of the research methodology include:
·
Scope & Research Design –
Clearly defined objectives with tailored qualitative and quantitative methods,
backed by precise timelines and budgets.
·
Sample Selection & Data Collection –
Representative samples achieved through proven techniques like random and
stratified sampling, supported by reliable tools such as surveys, interviews,
and observations.
·
Data Analysis & Validation –
Rigorous cleaning, advanced statistical modeling, and thematic analysis ensure
accuracy, reliability, and minimal bias.
·
Forecasting & Finalization –
Predictive modeling and time-series analysis anticipate future market
behaviors, presented through insightful reports with charts, graphs, and
strategic recommendations.
"Our methodology reflects the trust businesses
place in us. By combining innovation with precision, we deliver not just
numbers, but clarity and direction for decision-makers worldwide," said a
spokesperson for MarkNtel Advisors.
Why
This MarkNtel Advisors Research Report:
- In-depth
Market Analysis: Understand trends and dynamics
shaping growth.
- Segmented
Insights: Target specific segments for
focused strategies.
- Geographical
Performance: Assess market opportunities by
geographic area.
- Emerging
Technologies: Discover advancements like AI
integration.
- Risk
Identification: Pinpoint challenges to inform
strategic planning.
- Future
Forecasts: Prepare for market changes with
actionable projections.
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insights on the Future of Home Office Furniture Market. With tailored
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