Global Institutional And Office Furniture Market
Paper, Plastics, Rubber, Wood And Textile Manufacturing

Global Institutional And Office Furniture Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends

The Global Institutional And Office Furniture Market Report by The Business Research Company covers institutional and office furniture market drivers and restraints, institutional and office furniture market size, major players, and the impact of COVID-19 on the institutional and office furniture market.

The institutional and office furniture market consists of sales of institutional and office furniture by entities (organizations, sole traders and partnerships) that produce institutional and office furniture by designing office furniture including office chairs and desks, office and store fixtures, such as showcases. The institutional and office furniture market is segmented into institutional furniture and office furniture.

 

Increasing demand for online shopping is expected to help the institutional and office furniture manufacturing market grow. The global institutional and office furniture market is expected to grow from $164.2 billion in 2020 to $200. billion in 2021 at a compound annual growth rate (CAGR) of 22.%.The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges.The market is expected to reach $257.6 billion in 2025 at a CAGR of 6%.

 


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Some institutional and office furniture market trends include use of sustainable practices. Furniture manufacturers are adopting sustainable practices in their manufacturing process. This is mainly a result of growing consumer awareness on sustainable living that is resulting in increasing demand for eco-friendly furniture. This includes minimizing fuel consumption and recycling wood by products. Companies manufacturing eco-friendly furniture products procure wood from plantations that grow sustainable plants and have a long-term conservation policy.

Global institutional and office furniture market segments include:

1) By Type: Institutional Furniture; Office Furniture.

2) By Distribution channel: Exclusive Showrooms; Online; Supermarkets/Hypermarkets; Others.

3) By Raw Material: Wood; Plastic; Metal.

Subsegments Covered: School Furniture; General Purpose Institutional Furniture; Public Bar, Bowling Center, Cafeteria, And Restaurant Furniture; Wooden Furniture; Metal Furniture; Plastic Furniture.

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific accounts for the largest global institutional and office furniture market share.

Read More On The Institutional And Office Furniture Global Market Report 2021: COVID-19 Impact and Recovery to 2030 At:
https://www.thebusinessresearchcompany.com/report/institutional-and-office-furniture-global-market-report-2020-30-covid-19-impact-and-recovery

 

The Institutional And Office Furniture Global Market Report 2021: COVID-19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides institutional and office furniture market overviews, analyzes and forecasts market size, share, institutional and office furniture market players, institutional and office furniture market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.

The institutional and office furniture market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Where To Learn More:

Read Institutional And Office Furniture Global Market Report 2021: COVID-19 Impact and Recovery to 2030 from The Business Research Company for information on the following:

Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.

Market Players Covered: IKEA AB, Herman Miller Inc, HNI Corporation, Okamura Corporation, Knoll Inc.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.

Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.

Strategies For Participants In The Institutional And Office Furniture Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.

Opportunities For Companies In The Institutional And Office Furniture Sector: The report reveals where the global industry will put on most $ sales up to 2023.

Interested to know more about The Business Research Company?

The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.

Read more about us at https://www.thebusinessresearchcompany.com/about-the-business-research-company.aspx


Here is a list of reports from The Business Research Company similar to the Institutional And Office Furniture Global Market Report 2021:

Global Household Furniture Market – By Segment (Wood Furniture, Metal Furniture, Plastic Furniture), By Company (Ikea Holding B.V, Ashley Furniture Industries, La-Z-Boy Incorporated Country), And By Region, Opportunities And Strategies – Global Forecast To 2023

Office Supplies (Except Paper) Manufacturing Global Market Report 2020

Furniture Global Market Report 2021: COVID-19 Impact And Recovery To 2030

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