Office Furniture Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type, By Sales Channel By Region, By Competition, 2020-2030F

Description

The Global Office Furniture Market, valued at USD 63.98 Billion in 2024, is projected to experience a CAGR of 6.87% to reach USD 95.32 Billion by 2030. The global office furniture market encompasses the design, production, and distribution of furniture items tailored for commercial workspaces, including desks, chairs, storage units, and other accessories that prioritize functionality, comfort, and productivity. Key drivers sustaining the market's expansion include the ongoing corporate expansions and the imperative for modern office designs.

Market Overview
Forecast Period	2026-2030
Market Size 2024	USD 63.98 Billion
Market Size 2030	USD 95.32 Billion
CAGR 2025-2030	6.87%
Fastest Growing Segment	Desks
Largest Market	North America

Key Market Drivers

The global office furniture market is significantly shaped by the evolving landscape of work models and a heightened focus on employee well-being. These synergistic factors necessitate a fundamental shift in furniture design and functionality, impacting demand across various commercial and home office environments. Manufacturers are responding with adaptive solutions that support dynamic work settings and prioritize the health of occupants, underscoring a strategic pivot in product development and market positioning.

The proliferation of evolving hybrid and remote work models profoundly influences the demand for versatile office furniture solutions. As companies adopt flexible attendance policies, the need arises for spaces that can accommodate both collaborative on-site work and individual focus, often requiring reconfigurable and smaller footprint furniture. This shift is evident in hiring trends; according to OfficeSpace. com's "10 Important Hybrid Work Statistics to Know in 2024", new, fully in-office job postings declined by 14% in 2023 from Q1 to Q4, signaling a sustained move away from traditional office setups.

Key Market Challenges

The persistent volatility in raw material prices represents a significant impediment to the growth of the global office furniture market. Manufacturers heavily rely on materials such as wood, steel, plastics, and textiles, and unpredictable price fluctuations directly impact production costs. These escalating input costs compress profit margins for manufacturers, making it challenging to maintain competitive pricing while investing in product innovation and expansion. According to the Institute for Supply Management, raw material prices for manufacturers rose by 4.1% in 2023, following a substantial cumulative increase since 2020. This upward trend in material expenses necessitates difficult decisions regarding pricing strategies, potentially leading to higher end-user costs or reduced product margins, which can dampen overall market demand. Such unpredictability also complicates long-term planning for product development and inventory management, creating an environment of fiscal uncertainty for businesses operating within the sector.

Key Market Trends

The global office furniture market is experiencing a significant transformation driven by advancements in technology and a growing emphasis on sustainable business practices. These shifts are compelling manufacturers to innovate beyond traditional design and functionality, introducing products that offer integrated technological features and support circular economy models. This evolution responds to evolving user expectations for more intelligent workspaces and corporate responsibility initiatives aimed at reducing environmental impact.

Key Market Players

Okamura Corporation
HNI Corporation
MillerKnoll, Inc.
Haworth Inc.
Global Furniture Group
Steelcase Inc.
Kimball International Inc.
KOKUYO Co. Ltd

Report Scope:

In this report, the Global Office Furniture Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Office Furniture Market, By Type:

Seating
Tables
Storage
Desks
Others

Office Furniture Market, By Sales Channel:

Direct Sales
Online
Specialty Stores
Others

Office Furniture Market, By Region:

North America
- United States
- Canada
- Mexico
Europe
- France
- United Kingdom
- Italy
- Germany
- Spain
Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
South America
- Brazil
- Argentina
- Colombia
Middle East & Africa
- South Africa
- Saudi Arabia
- UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies presents in the Global Office Furniture Market.

Available Customizations:

Global Office Furniture Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

1. Product Overview

1.1. Market Definition
1.2. Scope of the Market
- 1.2.1. Markets Covered
- 1.2.2. Years Considered for Study
- 1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Office Furniture Market Outlook

5.1. Market Size & Forecast
- 5.1.1. By Value
5.2. Market Share & Forecast
- 5.2.1. By Type (Seating, Tables, Storage, Desks, Others)
- 5.2.2. By Sales Channel (Direct Sales, Online, Specialty Stores, Others)
- 5.2.3. By Region
- 5.2.4. By Company (2024)
5.3. Market Map

6. North America Office Furniture Market Outlook

6.1. Market Size & Forecast
- 6.1.1. By Value
6.2. Market Share & Forecast
- 6.2.1. By Type
- 6.2.2. By Sales Channel
- 6.2.3. By Country
6.3. North America: Country Analysis
- 6.3.1. United States Office Furniture Market Outlook
  - 6.3.1.1. Market Size & Forecast
    - 6.3.1.1.1. By Value
  - 6.3.1.2. Market Share & Forecast
    - 6.3.1.2.1. By Type
    - 6.3.1.2.2. By Sales Channel
- 6.3.2. Canada Office Furniture Market Outlook
  - 6.3.2.1. Market Size & Forecast
    - 6.3.2.1.1. By Value
  - 6.3.2.2. Market Share & Forecast
    - 6.3.2.2.1. By Type
    - 6.3.2.2.2. By Sales Channel
- 6.3.3. Mexico Office Furniture Market Outlook
  - 6.3.3.1. Market Size & Forecast
    - 6.3.3.1.1. By Value
  - 6.3.3.2. Market Share & Forecast
    - 6.3.3.2.1. By Type
    - 6.3.3.2.2. By Sales Channel

7. Europe Office Furniture Market Outlook

7.1. Market Size & Forecast
- 7.1.1. By Value
7.2. Market Share & Forecast
- 7.2.1. By Type
- 7.2.2. By Sales Channel
- 7.2.3. By Country
7.3. Europe: Country Analysis
- 7.3.1. Germany Office Furniture Market Outlook
  - 7.3.1.1. Market Size & Forecast
    - 7.3.1.1.1. By Value
  - 7.3.1.2. Market Share & Forecast
    - 7.3.1.2.1. By Type
    - 7.3.1.2.2. By Sales Channel
- 7.3.2. France Office Furniture Market Outlook
  - 7.3.2.1. Market Size & Forecast
    - 7.3.2.1.1. By Value
  - 7.3.2.2. Market Share & Forecast
    - 7.3.2.2.1. By Type
    - 7.3.2.2.2. By Sales Channel
- 7.3.3. United Kingdom Office Furniture Market Outlook
  - 7.3.3.1. Market Size & Forecast
    - 7.3.3.1.1. By Value
  - 7.3.3.2. Market Share & Forecast
    - 7.3.3.2.1. By Type
    - 7.3.3.2.2. By Sales Channel
- 7.3.4. Italy Office Furniture Market Outlook
  - 7.3.4.1. Market Size & Forecast
    - 7.3.4.1.1. By Value
  - 7.3.4.2. Market Share & Forecast
    - 7.3.4.2.1. By Type
    - 7.3.4.2.2. By Sales Channel
- 7.3.5. Spain Office Furniture Market Outlook
  - 7.3.5.1. Market Size & Forecast
    - 7.3.5.1.1. By Value
  - 7.3.5.2. Market Share & Forecast
    - 7.3.5.2.1. By Type
    - 7.3.5.2.2. By Sales Channel

8. Asia Pacific Office Furniture Market Outlook

8.1. Market Size & Forecast
- 8.1.1. By Value
8.2. Market Share & Forecast
- 8.2.1. By Type
- 8.2.2. By Sales Channel
- 8.2.3. By Country
8.3. Asia Pacific: Country Analysis
- 8.3.1. China Office Furniture Market Outlook
  - 8.3.1.1. Market Size & Forecast
    - 8.3.1.1.1. By Value
  - 8.3.1.2. Market Share & Forecast
    - 8.3.1.2.1. By Type
    - 8.3.1.2.2. By Sales Channel
- 8.3.2. India Office Furniture Market Outlook
  - 8.3.2.1. Market Size & Forecast
    - 8.3.2.1.1. By Value
  - 8.3.2.2. Market Share & Forecast
    - 8.3.2.2.1. By Type
    - 8.3.2.2.2. By Sales Channel
- 8.3.3. Japan Office Furniture Market Outlook
  - 8.3.3.1. Market Size & Forecast
    - 8.3.3.1.1. By Value
  - 8.3.3.2. Market Share & Forecast
    - 8.3.3.2.1. By Type
    - 8.3.3.2.2. By Sales Channel
- 8.3.4. South Korea Office Furniture Market Outlook
  - 8.3.4.1. Market Size & Forecast
    - 8.3.4.1.1. By Value
  - 8.3.4.2. Market Share & Forecast
    - 8.3.4.2.1. By Type
    - 8.3.4.2.2. By Sales Channel
- 8.3.5. Australia Office Furniture Market Outlook
  - 8.3.5.1. Market Size & Forecast
    - 8.3.5.1.1. By Value
  - 8.3.5.2. Market Share & Forecast
    - 8.3.5.2.1. By Type
    - 8.3.5.2.2. By Sales Channel

9. Middle East & Africa Office Furniture Market Outlook

9.1. Market Size & Forecast
- 9.1.1. By Value
9.2. Market Share & Forecast
- 9.2.1. By Type
- 9.2.2. By Sales Channel
- 9.2.3. By Country
9.3. Middle East & Africa: Country Analysis
- 9.3.1. Saudi Arabia Office Furniture Market Outlook
  - 9.3.1.1. Market Size & Forecast
    - 9.3.1.1.1. By Value
  - 9.3.1.2. Market Share & Forecast
    - 9.3.1.2.1. By Type
    - 9.3.1.2.2. By Sales Channel
- 9.3.2. UAE Office Furniture Market Outlook
  - 9.3.2.1. Market Size & Forecast
    - 9.3.2.1.1. By Value
  - 9.3.2.2. Market Share & Forecast
    - 9.3.2.2.1. By Type
    - 9.3.2.2.2. By Sales Channel
- 9.3.3. South Africa Office Furniture Market Outlook
  - 9.3.3.1. Market Size & Forecast
    - 9.3.3.1.1. By Value
  - 9.3.3.2. Market Share & Forecast
    - 9.3.3.2.1. By Type
    - 9.3.3.2.2. By Sales Channel

10. South America Office Furniture Market Outlook

10.1. Market Size & Forecast
- 10.1.1. By Value
10.2. Market Share & Forecast
- 10.2.1. By Type
- 10.2.2. By Sales Channel
- 10.2.3. By Country
10.3. South America: Country Analysis
- 10.3.1. Brazil Office Furniture Market Outlook
  - 10.3.1.1. Market Size & Forecast
    - 10.3.1.1.1. By Value
  - 10.3.1.2. Market Share & Forecast
    - 10.3.1.2.1. By Type
    - 10.3.1.2.2. By Sales Channel
- 10.3.2. Colombia Office Furniture Market Outlook
  - 10.3.2.1. Market Size & Forecast
    - 10.3.2.1.1. By Value
  - 10.3.2.2. Market Share & Forecast
    - 10.3.2.2.1. By Type
    - 10.3.2.2.2. By Sales Channel
- 10.3.3. Argentina Office Furniture Market Outlook
  - 10.3.3.1. Market Size & Forecast
    - 10.3.3.1.1. By Value
  - 10.3.3.2. Market Share & Forecast
    - 10.3.3.2.1. By Type
    - 10.3.3.2.2. By Sales Channel

11. Market Dynamics

11.1. Drivers
11.2. Challenges

12. Market Trends & Developments

12.1. Merger & Acquisition (If Any)
12.2. Product Launches (If Any)
12.3. Recent Developments

13. Global Office Furniture Market: SWOT Analysis

14. Porter's Five Forces Analysis

14.1. Competition in the Industry
14.2. Potential of New Entrants
14.3. Power of Suppliers
14.4. Power of Customers
14.5. Threat of Substitute Products

15. Competitive Landscape

15.1. Okamura Corporation
- 15.1.1. Business Overview
- 15.1.2. Products & Services
- 15.1.3. Recent Developments
- 15.1.4. Key Personnel
- 15.1.5. SWOT Analysis
15.2. HNI Corporation
15.3. MillerKnoll, Inc.
15.4. Haworth Inc.
15.5. Global Furniture Group
15.6. Steelcase Inc.
15.7. Kimball International Inc.
15.8. KOKUYO Co. Ltd