Office Chairs Market Growth, Global Survey, Analysis, Share, Company Profiles and Forecast by 2028
Some major players in the office chairs market are GM Seating, Alera Elusion, Flokk, Steelcase, Herman Miller, Haworth Inc., Eurotech, HNI, Balt Butterfly.
DOUGLAS, ISLE OF MAN, January 18, 2023 /EINPresswire.com/ -- Office Chairs Market Value and CAGR
The global office chairs market is anticipated to grow at a significant CAGR of 4.11% during the forecast period. The global office chairs industry was estimated to be worth USD 12.5 billion in 2023 and was expected to be worth USD 16.6 billion by 2030.
The office chair market refers to the market for furniture specifically designed for use in office settings. Office chairs are used by people who work in offices, whether in traditional office buildings or in home offices. The market for office chairs is driven by the increasing demand for comfortable, ergonomic seating solutions in the workplace. The average office worker or student can sit at their desk for up to 8 hours daily. Sitting puts a lot of strain and pressure on the body and can lead to various major health concerns such as heart disease, diabetes, and deep vein thrombosis (DVT). While many individuals assume it's natural to experience aches and pains after a long day at the office, having the improper chair or a badly set up desk is frequently to blame.
Office Chairs Market Growth Drivers and Risks
There are several factors that are driving the growth of the office chair market. One of the main drivers is the increasing emphasis on ergonomics in the workplace. Ergonomic office chairs are designed to support the body and reduce the risk of musculoskeletal disorders, such as back pain and neck pain, which can be caused by prolonged sitting in poor posture. Another factor driving the market is the increasing trend towards flexible and remote working, which has led to a rise in the demand for home office furniture, including office chairs.
There are also a number of risks and challenges facing the office chair market. One risk is the increasing competition from low-cost, low-quality chairs manufactured in developing countries, which can put pressure on prices and margins. Another risk is the increasing adoption of standing desks and other alternative seating solutions, which may reduce the demand for traditional office chairs.
Office Chairs Market Keyplayers
Some major players in the office chairs market are GM Seating, Alera Elusion, Flokk, Steelcase, Herman Miller, Haworth Inc., Eurotech, HNI, Balt Butterfly, and Serta-Mid-Back.
Office Chairs Market Segmentations
By Type
• Ergonomic Chairs
• Computer Chairs
• Executive Office Chairs
• Conference Chairs
• Others
By End-User
• Hypermarkets
• Online Retails
• Specialty Stores
• Others
By Application
• School
• Enterprise
• Households
• Industrials
• Others
Reasons Why You Should Buy This Report
• The Office Chairs Market report is a compilation of data from different sources and has been put together in a way that makes it easy for the reader to understand.
• It covers a wide range of topics, including Office Chairs Market current trends, market size, and forecasted growth.
• The Office Chairs Market report provides valuable insights that can help you make informed decisions about your business. The data is accurate and up-to-date, so you can trust the information presented.
• This Office Chairs Market report is an excellent resource for business owners who are looking to gain an understanding of the market landscape and potential opportunities.
• It will help you identify growth sectors and predict future trends of Office Chairs Market
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Table of content
1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. End-User I – Secondary Research
1.3.2. End-User II – Primary Research
1.3.3. End-User III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Segmentation
2. Executive Summary
2.1. Market Snapshot: Global Office Chairs Market
2.2. Global Office Chairs Market, By Type
2.3. Global Office Chairs Market, By End-User
2.4. Global Office Chairs Market, By Application
2.5. Global Office Chairs Market, By Region
3. Market Dynamics & Factors Analysis
3.1. Introduction
3.1.1. Global Office Chairs Market Value, 2016-2028, (US$ Bn)
3.2. Market Dynamics
3.2.1. Key Growth Trends
3.2.2. Market Drivers
3.2.3. Market Restraints
3.2.4. Market Opportunities
3.2.5. Major Industry Challenges
3.3. Attractive Investment Proposition,2021
3.3.1. Type
3.3.2. End-User
3.3.3. Application
3.3.4. Geography
4. Premium Insights
4.1. STAR (Situation, Task, Action, Results) Analysis
4.2. Porter’s Five Forces Analysis
4.2.1. Threat of New Entrants
4.2.2. Bargaining Power of Buyers/Consumers
4.2.3. Bargaining Power of Suppliers
4.2.4. Threat of Substitute Types
4.2.5. Intensity of Competitive Rivalry
4.3. Value Chain Analysis
4.4. Technology Analysis
4.5. Marketing Strategy Analysis
4.5.1. Direct Marketing
4.5.2. Indirect Marketing
4.5.3. Marketing Channel Development Trend
5. Market Positioning of Key Players, 2021
5.1. Company market share of key players, 2021
5.2. Competitive Benchmarking
5.3. Market Positioning of Key Vendors
5.4. Geographical Presence Analysis
5.5. Major Strategies Adopted by Key Players
5.5.1. Key Strategies Analysis
5.5.2. Mergers and Acquisitions
5.5.3. Partnerships
5.5.4. Type Launch
5.5.5. Geographical Expansion
5.5.6. Others
6. COVID 19 Impact Analysis
6.1. Global Office Chairs Market Pre Vs Post COVID 19, 2019 - 2028
6.2. Impact on Import & Export
6.3. Impact on Demand & Supply
Toc Continue………………………..
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