As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
The United States and European countries are the largest markets for office furniture driven by the growing corporate industry, growing real estate sector, and increasing demand for premium and designer furniture. Office furniture is being heavily invested upon by large enterprises and corporates as they offer employees comfortable and productive environments. Thus, there have been many innovations over the years in office furniture to provide comfort and minimize stress while working. The online retail stores are attracting customers in huge numbers as it saves money and time of the customer in travelling to the store and is catering to the demand for variety. Online retail strategies are also enabling sellers to reduce costs and increase their profit margins.
In October 2016, Herman Miller, Inc. (NASDAQ: MLHR), a major player in the global office furniture market, launched a new Aeron chair. The Aeron chair was first unveiled in 1994 and provides unparalleled comfort to its customers. Steelcase Inc. (NYSE: SCS) is another vital key player in the global office furniture market, which is tapping into the consumers' demand for innovative products that also speaks to the growing need for a more active lifestyle. In March 2020, the company re-designed and presented a height-adjustable desk with the new Ology and which has Active Touch desk and Steelcase Rise app, which reminds the users to keep moving throughout the day and keeps track of their progress.
Market Analysis by Product, Distribution Channel, End-Use, and Region:
Key Findings of the Report:
Key Offerings of the Report:
Steelcase Inc., Herman Miller, Haworth Inc., Bene GmbH, Knoll, Inc., HNI Corporation, Sedus Stoll AG, Kimball International, Inc, and KOKUYO Co., Ltd., among others, are the key players in the global office furniture market. The EMR report looks into the capacity, market share, and latest developments of these major players like plant turnarounds, mergers and acquisitions, and capacity expansions.
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Expert Market Research
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.