Japan Office Furniture Market Report and Forecast 2024-2032

Japan Office Furniture Market Outlook

The Japan office furniture market size was valued at USD 3.60 billion in 2023. The market is further projected to grow at a CAGR of 4.4% between 2024 and 2032, reaching a value of USD 5.27 billion by 2032.

Key Trends in the Market

Office furniture encompasses furniture equipment such as chairs, desks, filing cabinets, and cubicles that support activities such as sitting, working, and storing items. These furniture pieces form a staple part of an office environment and enhance its aesthetic appeal while surging the productivity of employees.

• The rising popularity of co-working spaces, where people can work in a neutral workspace on their independent projects, is aiding the Japan office furniture market demand. It has led to an increased demand for co-working space furniture such as couches, coffee tables, and collaborative desks that allow employees to interact and set up an inviting and comfortable environment.

• Increased utilisation of natural materials such as bamboo and reclaimed wood in furniture, due to their biodegradable and renewable nature, is another crucial trend boosting the market expansion.

• Strategic initiatives by Japanese players to promote sustainable standards in their furniture pieces also support the Japan office furniture market growth. For example, in April 2022, Okamura, a commercial furniture provider, announced that 22 of its furniture products are now LABEL certified, which would provide its customers transparency regarding the production of the products so they can make an informed decision. The company has also become the first office furniture manufacturer in Japan with all its products LEVEL certified.

Japan Office Furniture Market Segmentation

Based on product type, the market is divided into chair, tables, storage cabinets, and desks, among others. The market division, on the basis of material, includes metal, wood, plastic, and glass, among others. Based on the distribution channel, the market is bifurcated into offline and online.

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the Japan office furniture market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.

• Inter IKEA Systems B.V. 

• Haworth Inc.

• Ashley Furniture Industries, LLC 

• MillerKnoll Inc. 

• Steelcase Inc.

• Itoki Corporation

• Plus Corporation

• Okamura Corporation

• Kokuyo Co., Ltd.

• Uchida Yoko Co., Ltd.

• Others

Market Share by Product Type

Chair occupies a significant portion of the Japan office furniture market share as it is one of the most essential pieces of furniture in office spaces that promote productivity by providing essential comfort and support for hours. Adjustable chairs have gained prominence in recent years as they can reduce back pain and neck problems and allow the person to adjust the seat depending on their comfort level.

Additionally, desks are expected to gain robust growth in the forecast period, due to the rising popularity of workstation setup in offices.

Market Share by Material

As per the Japan office furniture market analysis, wood accounts for a substantial market share as it is traditionally utilised in furniture manufacturing in the country. Its durability and sturdiness make it a viable option for office furniture that can last for years.

Wood-based furniture has a warm and timeless nature that can enhance the aesthetic appeal of the office, and the material can be easily crafted into various designs depending on the office's requirements. Moreover, sustainably sourced or reclaimed wood offers an eco-friendlier solution for office furniture when compared to other materials.

Competitive Landscape

Ashley Furniture Industries, LLC, is a furniture manufacturing company, founded in 1945 and based in Wisconsin, the United States. The company offers an innovative collection range such as the Classic Collection, Bolanburg Collection, and Langford Collection, among others. Its furniture products are made using lacquer paint as well as nitrifying cotton to provide a natural finish.

MillerKnoll Inc., also known as Herman Miller, is an office and home furnishing company, headquartered in Michigan, the United States. Incorporated in 1905, the company is well-known for its furniture designs such as the Aeron chair, Eames Lounge chair and Ottoman, Noguchi table, Plex Lounge Furniture, and Swoop Lounge Furniture, among others.

Steelcase Inc., established in 1912 and based in Michigan, the United States, is a global leader in office furniture. Some of its exclusive range of office chair designs include Steelcase Series 1, Steelcase Series 2, Steelcase Karman, Gesture, Leap, and Think, among others. The company utilises responsibly sourced materials and has a BIFMA LEVEL® certification for its products as an initiative towards sustainability.

Other Japan office furniture market players include Inter IKEA Systems B.V., Haworth Inc., Itoki Corporation, Plus Corporation, Okamura Corporation, Kokuyo Co., Ltd., and Uchida Yoko Co., Ltd., among others.

Key Highlights of the Report