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Global Contract Furniture and Furnishing Market: By Type: Desks and Tables, Chairs and Stools, Storage Cabinets, Sofas, Cafeteria Tables and Chairs, Others; By End Use; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Contract Furniture and Furnishing Market Outlook
The global contract furniture and furnishing market is projected to expand at a CAGR of 7% during the forecast period of 2023-2028.
The modern furniture demand is particularly huge from international schools that are aiming for aesthetically attractive learning centres. With the installation of different patterns and wooden panels, educational institutions are increasingly focusing on modifying their infrastructure. They also organise rooms by colour and incorporate modular furniture to increase the effectiveness of the teaching environment. However, due to their restricted economic budgets, academic organizations prefer contract furniture and furnishing products, which is expected to aid the growth of the contract furniture and furnishing industry.
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Market Segmentation
Contract furniture and furnishings refer to office or commercial furniture and furnishings, which are produced to fulfil the established industry requirements.
The contract furniture and furnishing market can be segmented into types and end-uses.
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Based on type, the market can be divided into:
- Desks and Tables
- Chairs and Stools
- Storage Cabinets
- Sofas
- Cafeteria Tables and Chairs
- Others
The industry can be broadly categorised based on end-uses into:
- Hospitality and Food Services
- Offices and Home Offices
- Retail stores
- Institutions
- Others
The EMR report looks into the regional markets of contract furniture and furnishing like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
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Market Analysis
The contract furniture and furnishing market is being driven by the growing use of furniture in the number of business areas such as hospitals, corporate offices, retail shops, and hospitality sectors. However, on the basis of the continuing market trend, furniture preference in these business areas continues to change. The present increasing trend in digitalization has influenced the furniture industry significantly. Such furniture is increasingly being adopted by business spaces to provide convenience and comfort to staff in order to enhance their productivity. Smart furniture sales have been increased by this factor. The enhanced introduction of intelligent furniture has thus been recognized as one of the key contract furniture and furnishing industry trends, which will drive the market growth over the forecast period.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global contract furniture and furnishing market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Haworth Inc.
- Herman Miller Inc.
- Kinnarps Ab
- Steelcase Inc.
- Others
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter's Five Forces model.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, End-Use, Region |
| Breakup by Type | Desks & Tables, Chairs & Stools, Storage Cabinets, Sofas, Cafeteria Tables & Chairs, Others |
| Breakup by End-Use | Hospitality and Food Services, Offices and Home Offices, Retail stores, Institutions, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Haworth Inc., Herman Miller Inc., Kinnarps Ab, Steelcase Inc., Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Contract Furniture and Furnishing Market Analysis
8.1 Key Industry Highlights
8.2 Global Contract Furniture and Furnishing Historical Market (2018-2022)
8.3 Global Contract Furniture and Furnishing Market Forecast (2023-2028)
8.4 Global Contract Furniture and Furnishing Market by Type
8.4.1 Desks and Tables
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Chairs and Stools
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Storage Cabinets
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.4.4 Sofas
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2018-2022)
8.4.4.3 Forecast Trend (2023-2028)
8.4.5 Cafeteria Tables and Chairs
8.4.5.1 Market Share
8.4.5.2 Historical Trend (2018-2022)
8.4.5.3 Forecast Trend (2023-2028)
8.4.6 Others
8.5 Global Contract Furniture and Furnishing Market by End Use
8.5.1 Hospitality and Food Services
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Offices and Home Offices
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Retail stores
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Institutions
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.5.5 Others
8.6 Global Contract Furniture and Furnishing Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.3.2.1 Breakup by Country
9.3.2.2 China
9.3.2.3 Japan
9.3.2.4 India
9.3.2.5 ASEAN
9.3.2.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2022)
9.5.2 Forecast Trend (2023-2028)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Competitive Landscape
11.1 Market Structure
11.2 Company Profiles
11.2.1 Haworth Inc.
11.2.1.1 Company Overview
11.2.1.2 Product Portfolio
11.2.1.3 Demographic Reach and Achievements
11.2.1.4 Certifications
11.2.2 Herman Miller Inc.
11.2.2.1 Company Overview
11.2.2.2 Product Portfolio
11.2.2.3 Demographic Reach and Achievements
11.2.2.4 Certifications
11.2.3 Kinnarps Ab
11.2.3.1 Company Overview
11.2.3.2 Product Portfolio
11.2.3.3 Demographic Reach and Achievements
11.2.3.4 Certifications
11.2.4 Steelcase Inc.
11.2.4.1 Company Overview
11.2.4.2 Product Portfolio
11.2.4.3 Demographic Reach and Achievements
11.2.4.4 Certifications
11.2.5 Others
12 Industry Events and Developments
List of Key Figures and Tables
1. Global Contract Furniture and Furnishing Market: Key Industry Highlights, 2018 and 2028
2. Global Contract Furniture and Furnishing Historical Market: Breakup by Type (USD Million), 2018-2022
3. Global Contract Furniture and Furnishing Market Forecast: Breakup by Type (USD Million), 2023-2028
4. Global Contract Furniture and Furnishing Historical Market: Breakup by End Use (USD Million), 2018-2022
5. Global Contract Furniture and Furnishing Market Forecast: Breakup by End Use (USD Million), 2023-2028
6. Global Contract Furniture and Furnishing Historical Market: Breakup by Region (USD Million), 2018-2022
7. Global Contract Furniture and Furnishing Market Forecast: Breakup by Region (USD Million), 2023-2028
8. North America Contract Furniture and Furnishing Historical Market: Breakup by Country (USD Million), 2018-2022
9. North America Contract Furniture and Furnishing Market Forecast: Breakup by Country (USD Million), 2023-2028
10. Europe Contract Furniture and Furnishing Historical Market: Breakup by Country (USD Million), 2018-2022
11. Europe Contract Furniture and Furnishing Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Asia Pacific Contract Furniture and Furnishing Historical Market: Breakup by Country (USD Million), 2018-2022
13. Asia Pacific Contract Furniture and Furnishing Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Latin America Contract Furniture and Furnishing Historical Market: Breakup by Country (USD Million), 2018-2022
15. Latin America Contract Furniture and Furnishing Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Middle East and Africa Contract Furniture and Furnishing Historical Market: Breakup by Country (USD Million), 2018-2022
17. Middle East and Africa Contract Furniture and Furnishing Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Global Contract Furniture and Furnishing Market Structure
Key Questions Answered in the Report
The market is projected to grow at a CAGR of 7% between 2023 and 2028.
The major drivers of the market include the rising population, growing urbanisation, and the growing use of furniture in the number of business areas such as hospitals, corporate offices, retail shops, and hospitality sectors.
Increasing trend in digitalisation and the adoption of smart furniture by business spaces to provide convenience and comfort to staff in order to enhance their productivity are the key industry trends propelling the growth of the market.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Desks and tables, chairs and stools, storage cabinets, sofas, cafeteria tables and chairs, among others are the major types of contract furniture and furnishing in the industry.
Hospitality and food services, offices and home offices, retail stores and institutions, among others are the leading end use sectors of this industry.
The major players in the industry are Haworth Inc., Herman Miller Inc., Kinnarps Ab, and Steelcase Inc., among others.
Analyst Review
The global contract furniture and furnishing market is driven by the growing use of furniture in the number of business areas such as hospitals, corporate offices, retail shops, and hospitality sectors. Aided by the growing trend toward digitalization and the demand for smart furniture, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 7%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its types, the contract furniture and furnishing industry can be segmented into desks and tables, chairs and stools, storage cabinets, sofas, cafeteria tables and chairs, among others. Hospitality and food services, offices and home offices, retail stores and institutions, among others are the leading end use sectors of this industry. The major regional markets for contract furniture and furnishing are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Haworth Inc., Herman Miller Inc., Kinnarps Ab and Steelcase Inc., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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