Asia-pacific Home Office Furniture Market Forecast 2022-2030

The Asia-Pacific home office furniture market growth is predicted to record a CAGR of 7.66% during the forecast period, 2022-2030. The transition to online learning by educational institutions has raised the need for study tables. Also, the growing consumer affluence and shifting demographics offer growth opportunities.

MARKET INSIGHTS

Thailand, Australia & New Zealand, Indonesia, Japan, China, India, South Korea, and Rest of Asia-Pacific are assessed for the Asia-Pacific home office furniture market growth evaluation. In Japan, the rising domestic demands support the analyzed market growth. Also, wood, paper, and pulp product imports are strongly prioritized. In addition, businesses offering novel goods and services are making investments that further benefit the market growth. For instance, Muji, a domestic retail chain, launched a furniture subscription service in 2020 as more people worked from home. Besides, the growing popularity of work-from-home offers growth opportunities. For instance, as per recent stats from the Tokyo-based non-profit Japan Productivity Center (JPC), remote labor has increased by 20%.

Furthermore, in Thailand, furniture producers have been manufacturing innovative cabinet styles, bookshelves, desks, and chairs to meet the growing demand for varied home office equipment. Also, modern furniture producers are offering products adaptable to any room that can sustain a sophisticated work-life balance. Additionally, home offices are witnessing a makeover in Thailand, offering ergonomic comfort and support. This is majorly attributed to fascinating and unique materials, colors, and clever designs. Moreover, the Thailand home office furniture market growth is defined by the rising demand for modern furniture.

COMPETITIVE INSIGHTS

Some of the leading companies in the market include: Knoll Inc, IKEA, KOKUYO Group, etc.

Our report offerings include:

Explore key findings of the overall market

Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)

Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions

Market Segmentation cater to a thorough assessment of key segments with their market estimations

Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share

Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.

Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.

Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

Product Code: 48917

1. RESEARCH SCOPE & METHODOLOGY

1.1. STUDY OBJECTIVES
1.2. SCOPE OF STUDY
1.3. METHODOLOGY
1.4. ASSUMPTIONS & LIMITATIONS

2. EXECUTIVE SUMMARY

2.1. MARKET SIZE & ESTIMATES
2.2. MARKET OVERVIEW

3. MARKET DYNAMICS

3.1. KEY DRIVERS
- 3.1.1. INCREASING NUMBER OF FREELANCE PROFESSIONALS
- 3.1.2. GOVERNMENT EXEMPTIONS AND INCENTIVES
- 3.1.3. BUSINESS MODELS INCORPORATING TECHNICAL ADVANCEMENTS FOR A BETTER CONSUMER EXPERIENCE
3.2. KEY RESTRAINTS
- 3.2.1. GOVERNMENT POLICIES AFFECTING RAW MATERIAL IMPORTS
- 3.2.2. FLUCTUATING RAW MATERIAL PRICES
- 3.2.3. ENVIRONMENTAL DETERMINANTS AFFECTING WOOD QUALITY

4. KEY ANALYTICS

4.1. IMPACT OF COVID-19 ON HOME OFFICE FURNITURE MARKET
4.2. KEY MARKET TRENDS
4.3. PORTER'S FIVE FORCES ANALYSIS
- 4.3.1. BUYERS POWER
- 4.3.2. SUPPLIERS POWER
- 4.3.3. SUBSTITUTION
- 4.3.4. NEW ENTRANTS
- 4.3.5. INDUSTRY RIVALRY
4.4. OPPORTUNITY MATRIX
4.5. VENDOR LANDSCAPE
4.6. VALUE CHAIN ANALYSIS
4.7. TECHNOLOGICAL INNOVATIONS
4.8. KEY INSIGHTS
- 4.8.1. ORGANIZATIONS REIMBURSING HOME OFFICE FURNITURE
- 4.8.2. INTERIOR DESIGNING TRENDS

5. MARKET BY PRODUCT

5.1. SEATING
5.2. STORAGE UNITS
5.3. DESKS AND TABLES
5.4. OTHER PRODUCTS

6. MARKET BY MATERIAL

6.1. WOOD
6.2. METAL
6.3. PLASTIC
6.4. OTHER MATERIALS

7. MARKET BY DISTRIBUTION CHANNEL

7.1. FLAGSHIP STORES
7.2. SPECIALITY STORES
7.3. ONLINE
7.4. OTHER DISTRIBUTION CHANNELS

8. GEOGRAPHICAL ANALYSIS

8.1. ASIA-PACIFIC
- 8.1.1. KEY GROWTH ENABLERS
- 8.1.2. KEY CHALLENGES
- 8.1.3. KEY PLAYERS
- 8.1.4. COUNTRY ANALYSIS
  - 8.1.4.1. CHINA
  - 8.1.4.2. JAPAN
  - 8.1.4.3. INDIA
  - 8.1.4.4. SOUTH KOREA
  - 8.1.4.5. INDONESIA
  - 8.1.4.6. THAILAND
  - 8.1.4.7. AUSTRALIA & NEW ZEALAND
  - 8.1.4.8. REST OF ASIA-PACIFIC

9. COMPETITIVE LANDSCAPE

9.1. KEY STRATEGIC DEVELOPMENTS
- 9.1.1. MERGERS & ACQUISITIONS
- 9.1.2. PRODUCT LAUNCHES AND DEVELOPMENTS
- 9.1.3. PARTNERSHIPS & AGREEMENTS
- 9.1.4. BUSINESS EXPANSIONS & DIVESTITURES
9.2. COMPANY PROFILES
- 9.2.1. ASHLEY FURNITURE INDUSTRIES
- 9.2.2. FLEXSTEEL
- 9.2.3. HAWORTH INC
- 9.2.4. HERMAN MILLER INC
- 9.2.5. HNI CORPORATION
- 9.2.6. HUMANSCALE
- 9.2.7. IKEA
- 9.2.8. KIMBALL INTERNATIONAL
- 9.2.9. KNOLL INC
- 9.2.10. KOKUYO GROUP
- 9.2.11. KRUEGER INTERNATIONAL INC
- 9.2.12. STEELCASE INC
- 9.2.13. TEKNION CORPORATION

Product Code: 48917

LIST OF TABLES

TABLE 1: MARKET SNAPSHOT - HOME OFFICE FURNITURE
TABLE 2: ASIA-PACIFIC HOME OFFICE FURNITURE MARKET, BY PRODUCT, HISTORICAL YEARS, 2018-2021 (IN $ BILLION)
TABLE 3: ASIA-PACIFIC HOME OFFICE FURNITURE MARKET, BY PRODUCT, FORECAST YEARS, 2022-2030 (IN $ BILLION)
TABLE 4: ASIA-PACIFIC HOME OFFICE FURNITURE MARKET, BY MATERIAL, HISTORICAL YEARS, 2018-2021 (IN $ BILLION)
TABLE 5: ASIA-PACIFIC HOME OFFICE FURNITURE MARKET, BY MATERIAL, FORECAST YEARS, 2022-2030 (IN $ BILLION)
TABLE 6: ASIA-PACIFIC HOME OFFICE FURNITURE MARKET, BY DISTRIBUTION CHANNEL HISTORICAL YEARS, 2018-2021 (IN $ BILLION)
TABLE 7: ASIA-PACIFIC HOME OFFICE FURNITURE MARKET, BY DISTRIBUTION CHANNEL, FORECAST YEARS, 2022-2030 (IN $ BILLION)
TABLE 8: ASIA-PACIFIC HOME OFFICE FURNITURE MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2021 (IN $ BILLION)
TABLE 9: ASIA-PACIFIC HOME OFFICE FURNITURE MARKET, BY COUNTRY, FORECAST YEARS, 2022-2030 (IN $ BILLION)
TABLE 10: LEADING PLAYERS OPERATING IN ASIA-PACIFIC HOME OFFICE FURNITURE MARKET
TABLE 11: LIST OF MERGERS & ACQUISITIONS
TABLE 12: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS
TABLE 13: LIST OF PARTNERSHIPS & AGREEMENTS
TABLE 14: LIST OF BUSINESS EXPANSIONS & DIVESTITURES

LIST OF FIGURES

FIGURE 1: KEY MARKET TRENDS
FIGURE 2: PORTER'S FIVE FORCES ANALYSIS
FIGURE 3: OPPORTUNITY MATRIX
FIGURE 4: VENDOR LANDSCAPE
FIGURE 5: VALUE CHAIN ANALYSIS
FIGURE 6: ASIA-PACIFIC HOME OFFICE FURNITURE MARKET, GROWTH POTENTIAL, BY PRODUCT, IN 2021
FIGURE 7: ASIA-PACIFIC HOME OFFICE FURNITURE MARKET, BY SEATING, 2022-2030 (IN $ BILLION)
FIGURE 8: ASIA-PACIFIC HOME OFFICE FURNITURE MARKET, BY STORAGE UNITS, 2022-2030 (IN $ BILLION)
FIGURE 9: ASIA-PACIFIC HOME OFFICE FURNITURE MARKET, BY DESKS AND TABLES, 2022-2030 (IN $ BILLION)
FIGURE 10: ASIA-PACIFIC HOME OFFICE FURNITURE MARKET, BY OTHER PRODUCTS, 2022-2030 (IN $ BILLION)
FIGURE 11: ASIA-PACIFIC HOME OFFICE FURNITURE MARKET, GROWTH POTENTIAL, BY MATERIAL, IN 2021
FIGURE 12: ASIA-PACIFIC HOME OFFICE FURNITURE MARKET, BY WOOD, 2022-2030 (IN $ BILLION)
FIGURE 13: ASIA-PACIFIC HOME OFFICE FURNITURE MARKET, BY METAL, 2022-2030 (IN $ BILLION)
FIGURE 14: ASIA-PACIFIC HOME OFFICE FURNITURE MARKET, BY PLASTIC, 2022-2030 (IN $ BILLION)
FIGURE 15: ASIA-PACIFIC HOME OFFICE FURNITURE MARKET, BY OTHER MATERIALS, 2022-2030 (IN $ BILLION)
FIGURE 16: ASIA-PACIFIC HOME OFFICE FURNITURE MARKET, GROWTH POTENTIAL, BY DISTRIBUTION CHANNEL, IN 2021
FIGURE 17: ASIA-PACIFIC HOME OFFICE FURNITURE MARKET, BY FLAGSHIP STORES, 2022-2030 (IN $ BILLION)
FIGURE 18: ASIA-PACIFIC HOME OFFICE FURNITURE MARKET, BY SPECIALITY STORES, 2022-2030 (IN $ BILLION)
FIGURE 19: ASIA-PACIFIC HOME OFFICE FURNITURE MARKET, BY ONLINE, 2022-2030 (IN $ BILLION)
FIGURE 20: ASIA-PACIFIC HOME OFFICE FURNITURE MARKET, BY OTHER DISTRIBUTION CHANNELS, 2022-2030 (IN $ BILLION)
FIGURE 21: ASIA-PACIFIC HOME OFFICE FURNITURE MARKET, COUNTRY OUTLOOK, 2021 & 2030 (IN %)
FIGURE 22: CHINA HOME OFFICE FURNITURE MARKET, 2022-2030 (IN $ BILLION)
FIGURE 23: JAPAN HOME OFFICE FURNITURE MARKET, 2022-2030 (IN $ BILLION)
FIGURE 24: INDIA HOME OFFICE FURNITURE MARKET, 2022-2030 (IN $ BILLION)
FIGURE 25: SOUTH KOREA HOME OFFICE FURNITURE MARKET, 2022-2030 (IN $ BILLION)
FIGURE 26: INDONESIA HOME OFFICE FURNITURE MARKET, 2022-2030 (IN $ BILLION)
FIGURE 27: THAILAND HOME OFFICE FURNITURE MARKET, 2022-2030 (IN $ BILLION)
FIGURE 28: AUSTRALIA & NEW ZEALAND HOME OFFICE FURNITURE MARKET, 2022-2030 (IN $ BILLION)
FIGURE 29: REST OF ASIA-PACIFIC HOME OFFICE FURNITURE MARKET, 2022-2030 (IN $ BILLION)