DUBLIN--(BUSINESS WIRE)--The "Global Commercial Furniture Market, By Type (Seating, Storage, Desks & Tables, Workstation, Beds, Others), By End Use (Office, Education, HoReCa, Health, Others), By Distribution Channel (Offline, Online), By Region and Opportunities, 2017-2027" report has been added to ResearchAndMarkets.com's offering.
The global commercial furniture market is expected to grow at a significant rate during the forecast period.
The growth can be attributed to the increasing commercial activities around the world in hospitals, schools, colleges and the rise in market players providing comfortable commercial furniture in unique designs, colors, and models to accommodate the growing needs of the population.
Businesses are increasingly investing in commercial furniture products to enhance the aesthetics of their property and offer ergonomic seating facilities to visitors, which is expected to fuel the growth of the global commercial furniture market in the coming years. The rising number of corporate offices, commercial zones, and IT parks in developing countries is boosting the demand for commercial furniture. Besides, organizations are heavily investing in quality commercial furniture products to increase the employees' productivity, fuel social interaction, and build a comfortable office environment.
Technological advancements to develop intelligent furniture products and surging demand for smart workplace furniture are also contributing to the growth of the global commercial furniture market. Rising investments to replace the existing furniture with advanced ones and increasing adoption of sedentary lifestyles creating a need for furniture supporting better posture are accelerating the growth of the global commercial furniture market.
Growing tourism activities across the globe are creating a high demand for commercial furniture in hotels, restaurants, cafes, and pubs, which is anticipated to drive the demand for commercial furniture in the coming years. Furthermore, online sales channels are offering lucrative discounts and offers to consumers while providing them the convenience of quick doorstep delivery, which is expected to boost the global commercial furniture market.
Years Considered for This Report:
- Historical Years: 2017-2020
- Base Year: 2021
- Estimated Year: 2022
- Forecast Period: 2023-2027
Objective of the Study:
- To analyze the historical growth in the market size of global commercial furniture market from 2017 to 2021
- To estimate and forecast the market size of global commercial furniture market from 2022 to 2027 and growth rate until 2027
- To classify and forecast global commercial furniture market based on product type, application, fuel type, region, and competitive Landscape
- To identify dominant region or segment in the global commercial furniture market
- To identify drivers and challenges for global commercial furniture market
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc, in global commercial furniture market
- To identify and analyze the profile of leading players operating in global commercial furniture market
- To identify key sustainable strategies adopted by market players in global commercial furniture market
Report Scope:
In this report, global commercial furniture market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Commercial Furniture Market, By Type:
- Seating
- Storage
- Desks & Tables
- Workstation
- Beds
- Others
Commercial Furniture Market, By End Use:
- Office
- Education
- HoReCa
- Health
- Others
Commercial Furniture Market, By Distribution Channel:
- Offline
- Online
Commercial Furniture Market, By Region:
- North America
- Asia-Pacific
- Middle East & Africa
- South America
Companies Mentioned
- Okamura Corporation
- HNI Corporation
- Herman Miller Inc.
- Haworth Inc.
- Global Furniture Group
- Steelcase Inc.
- Knoll Inc.
- Kimball International
- 9to5 Seating
- KOKUYO Co. Ltd
For more information about this report visit https://www.researchandmarkets.com/r/3twfz0
