Global Commercial Office Furniture Market Overview:
Furniture is the basic requirement for any office to give it a luxurious feel and provide comfort for the people working in the office. The commercial office furniture includes desks, tables, seating chairs, cabinets, etc. that are the basic needs for any office. These furnitures are made in customized sizes and shapes as per the customers' requirements and space of the office. The rapid industrialization in emerging countries like India, China, and Japan has boosted the market demand.
Growth Drivers
- Shrinking Workspace Coupled With The Evolving Consumer Demands
- Increasing Number Of Startups Especially Information Technology Sector Worldwide
Roadblocks
- High Cost of Wooden Commercial Office Furniture
Opportunities
- Growing Demand for Seating Furniture in Commercial Offices
- Rapid Industrialization and Economic Development in Emerging Countries
Challenges
- Availability of Large Number of Local Players
Competitive Landscape:
Some of the key players profiled in the report are Haworth Inc. (United States), Narbutas (Lithuania), Kinnarps (Sweden), Steel case (Netherlands), Vitra AG (Switzerland), Nowy Styl Group (Poland), Interstuhl (Germany), Lista Office Group (Switzerland), Bene Office Furniture GmbH (Austria), Dauphin Human Design (Germany) and AFC System (India). Additionally, following companies can also be profiled that are part of our coverage like USM Modular Furniture (Switzerland), Sedus Stoll AG (Germany) and Flokk (Norway). Analyst at AMA Research see United States, United Kingdom, and Chinese Vendors to retain maximum share of Global Commercial Office Furniture market by 2027. Considering Market by Raw Material, the sub-segment i.e. Stainless Steel will boost the Commercial Office Furniture market. Considering Market by Distribution Channel, the sub-segment i.e. Offline Retail Stores will boost the Commercial Office Furniture market. Considering Market by Size, the sub-segment i.e. Standard will boost the Commercial Office Furniture market.
What Can be Explored with the Commercial Office Furniture Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Commercial Office Furniture Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Commercial Office Furniture
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Commercial Office Furniture market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Commercial Office Furniture market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Commercial Office Furniture Manufacturer, Raw Material Suppliers, Dealers, Suppliers, Traders,and Distributors, Venture Capitalists and Private Equity Firms and Government Regulatory and Research Organizations.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.