Office Furniture Market to Witness Robust Expansion by 2028

Office Furniture Market to Witness Robust Expansion by 2028

Office Furniture Market to Witness Robust Expansion by 2028

The global office furniture market is anticipated to grow at a considerable CAGR of 4.9% during the forecast period. The growth of the office furniture market is primarily attributed to the increasing demand for office furniture to create a supportive workplace owing to the growing business activities across sectors and the development of commercial workplaces. Based on data from the US Census Bureau’s Business Formation Statistics, nearly 5.4 million applications were filed to form new businesses in 2021. There were roughly 1.9 million more business applications in 2021, a 53% increase from 2019. The top five most significant percentage increases were in transportation and warehousing; retail trade; accommodation and food services; administrative and support; and other services (a general category including activities such as personal care services and laundry services).

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However, the growing work-from-home culture is anticipated to restrain the growth of the market and is creating a new opportunity for players to come up with new and advanced solutions to provide sustainable furniture variants with additional features to minimize occupying space in-home setup and uplift workforce engagement to promote colleague social interaction. For instance, in November 2020, Ori, the provider of multifunctional, robotic-powered space-saving solutions, debuted a brand-new product, Pocket Office, a transformable home office space solution. The Pocket Office allows users to transform any room into a dedicated workspace with a button. Featuring an entertainment center on the outside, the Pocket Office opens to reveal a natural, textured workstation that evokes comfort, sophistication, and warmth. Designed with maximum productivity and flexibility in mind, the interior boasts two desk options – one for standing and one for sitting – as well as storage and power sources, and room for a standard-size office chair and extra monitors. When a user is finished with work for the day, the Pocket Office closes, transforming into a thin entertainment center, allowing users to create mental and emotional separation from the day’s work.

Market Coverage

The market number available for – 2021-2028
Base year- 2021
Forecast period- 2022-2028

Segment Covered- 

By Product Type
By Distribution Channel

Regions Covered-

North America
Rest of the World
Competitive Landscape- including Okamura Corp., HNI Corp., Herman Miller Inc., Haworth Inc., Global Furniture Group, and Steelcase Inc., and others.

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Office Furniture Market Report Segment

By Product Type

Modular Systems
Desks & Tables

By Distribution Channel


Office Furniture Market Report Segment by Region

North America                                                                                                           

United States


Rest of Europe


South Korea
Rest of APAC

Rest of the World

Latin America
Middle East and Africa

Company Profiles 

Okamura Corp.
HNI Corp.
Herman Miller Inc.
Haworth Inc.
Global Furniture Group
Steelcase Inc.
Knoll Inc.
Kimball International Inc.
9to5 Seating LLC
Meridian Office Furniture
Berco Designs

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