Private Sector Development to Boost Demand for Office Furniture The global office furniture market is expected to create ~ US$ 22 Billion worth of incremental opportunity over the forecast period. Since the last two decades, the number of small, micro, and medium-sized enterprises has increased drastically in developed and developing countries. Moreover, constant provision from private investments and governments is fueling the growth of the private sector, which is further propelling the office furniture market growth to a great extent. For detailed insights on enhancing your product footprint, request for a sample here – https://www.factmr.com/connectus/sample?flag=S&rep_id=280 Office furniture is highly required for such agencies and commercial infrastructures. However, the office furniture market is highly fragmented and manufacturers’ efforts for organizing the industry have supported the global supply chain rigorously. With this, consumers are exposed to a wide range of office furniture to choose either from a retail store or through an online platform. Fact.MR found that the office furniture market is expected to grow with ~ 7% CAGR in the forecast period. The office furniture market has witnessed significant ergonomic evolution in their designs. Growing awareness of potential health effects due to inappropriate posture is likely to boost the demand for ergonomic office chairs during the forecast period. For critical insights on this market, request for methodology here – https://www.factmr.com/connectus/sample?flag=RM&rep_id=280 Global Office Furniture Market: Segmentation Segmentation table of the global office furniture market has been provided below on the basis of product, sales channel, and region.
Product
Office Chairs Office Tables Storage Furniture Office Systems Furniture Reception Furniture Other Product Types
Sales Channel
Retail Stores Direct to Consumer Manufacturer Stores
E-commerce Stores Discount Stores Rental Stores Other Sales Channels
For in-depth competitive analysis, buy now – https://www.factmr.com/checkout/280 Even with a higher level of market fragmentation, top players have successfully maintained their position by offering technologically advanced and innovative office furniture. Historically, the demand for office furniture in Europe and North America is high. However, over the forecast period, the APEJ region is anticipated to witness surprising growth than that of the other regions. This study underlines key opportunities in the office furniture market and finds that the market would exhibit growth at a value CAGR of ~ 7% during the forecast period. Why Choose Fact.MR? 1. 2. 3. 4. 5.
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