Office furniture market size, demand & global opportunity analysis Read more @ http://www.researchnester.com/reports/global-office-furniture-market-analysis-opportunity-outlook-2021/78

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Global Office Furniture Market Outlook:
Industry Insights & Opportunity Evaluation,
2015-2021

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Global Office Furniture Market Outlook 2021
Office Furniture Market includes the wide range of office
furniture such as cabinets, bookcase, desks and chairs.
Factors like employee satisfaction, retention and taking
work commitments towards company are allowing
corporates to add new designs and attractive furniture in
the office premises. As a result, the Global Office Furniture
Market is anticipated to grow at a modest compound
annual growth rate (CAGR) of 5.2% over the period of
2015-2021.
Market Segmentation
By Product Type
On the basis of product type the office furniture are
classified as follows:
Seating
Systems
Overhead bins
Storage units and files
Tables
By Price Range
On the basis of price range the office furniture are
classified into three categories:
Low price (no features)
Moderate price (featured furniture)
High price (luxury furniture)

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By End User
On the basis of end user the office furniture are classified
as follows:
Workplace
Healthcare
Education sector
By Distribution Channel
Online
Off-line (retailers, agents, stockist, wholesaler
etc.)
By Region
North America
Latin America
Western And Eastern Europe
Asia-Pacific
Row (Rest Of World)
Growth Drivers and Challenges
Increasing number of corporate offices, declining office
vacancy rate and a modest rise in employment rate are the
major drives of global office furniture market.
Environment Protection Acts and increasing deforestation
are the major challenges for global office furniture market.
In addition to that, swelled price of raw material also
affects the global office furniture market.

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Market Size and Forecast
Geographically, North America office furniture market is
anticipated to account nearly 38.6% of market share in
2016. The countries in North America i.e. U.S. & Canada
are the largest importers of office furniture. The office
furniture market of the U.S. is expected to grow at a CAGR
of 12% over the period of 2015-2021.
In 2015, Europe office furniture market saw an increase of
5% and the market is further projected to foster at robust
growth rate over the forecast period.
Asia Pacific office furniture market was accounted to USD
7.2 billion in 2014 and it is estimated that the market
would showcase the modest growth rate in next 5 years.
Key players
The major players of global office furniture market are
follows:
Scope and Context
Overview of the Parent Market
Analyst View
Market Size and Growth

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-Pacific
Segmentation
ype
By Price Range
Market Dynamics
Supply & Demand Risk
Competitive Landscape
Porter’s Five Force Model
Geographical Economic Activity
Key Players (respective SWOT Analysis) and their
Strategies and Product Portfolio
Recent Trends and Developments
Industry Growth Drivers and Challenges
Key Information for Players to establish themselves in
current dynamic environment

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