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Report Overview
The global office furniture market size reached a value of nearly USD 64.86 Billion in 2024. The market is projected to grow at a CAGR of 4.10% between 2025 and 2034 to reach around USD 96.94 Billion by 2034.
2024
Base Year
2018-2024
Historical Year
2025-2034
Forecast Year
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The global office furniture market is driven by a shifting trend from the manufacturing economy to the digital economy in developing countries.
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Haworth Inc., MillerKnoll, Inc., and Steelcase Inc. are a few of the major companies in the market.
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The United States has the most startups worldwide at 77,195, followed by India at 16,103, as of November 2023.
Global Office Furniture Market Analysis by Region
The Asia Pacific region is anticipated to hold a dominant position in the office furniture market. This is due to the fact that the region is a thriving hub of innovation, boasting 159 startup ecosystems in the global top 1,000 in 2023. The Asia Pacific region leads the global market for coworking spaces, hosting approximately 300 such spaces in key cities like Singapore, Hong Kong, Shanghai, Tokyo, Sydney, and Melbourne.
The market in Europe is driven by the implementation of a circular economy through sustainable product availability, subscription-based models, and improved product quality among others, in the Europe furniture industry. The region recorded a total of 6,064 sq. ft. coworking space size and more than 2500 in numbers in 2022.
North America holds a significant office furniture market share, driven by the booming startup culture. The United States has the most startups worldwide, accounting for 77,195. The demand for office furniture in North America is driven by the growing startup industry and flexible work culture. The region has over 81,009 startups as of November 2023. It has also the largest average square footage of coworking space at over 9,548 Square Feet in 2022.
Office Furniture Market Report Snapshots
Office Furniture Market Trends
Office Furniture Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2024, the global market value was approximately USD 64.86 Billion.
The market is projected to grow at a CAGR of 4.10% between 2025 and 2034.
The market is estimated to witness a healthy growth in the forecast period of 2025-2034 to reach USD 96.94 Billion by 2034.
The major market drivers include growing popularity of co-working spaces and government initiatives aimed at boosting startup culture.
The key trends include growing concerns about employee health and productivity, increasing popularity of aesthetically pleasing modern offices, and growing demand for sustainable and environmentally sound furniture.
The different types of office furniture include seating, systems, tables, storage units and file cabinets, and overhead bins, among others.
Major price range of office furniture include low, medium, and high.
The major players in the market include Haworth Inc., MillerKnoll, Inc., Steelcase Inc., Bene GmbH, Stoll AG, Kimball International, Inc., and KOKUYO Co., Ltd.
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