The global commercial furniture market is anticipated to witness a growth of steady CAGR during the forecast period, 2023-2027. Increasing commercial activities around the globe such as hotel industry, schools, colleges, healthcare sector, and the rise in the market players offering comfortable commercial furniture in unique designs, colors, and models to satisfy the growing needs of the rising population are the primary factors driving the growth of global commercial furniture market.

Businesses are purchasing advanced commercial furniture products to provide comfortable seating areas to potential customers and enhance the aesthetic view of their commercial spaces. 35-40% of US consumers prioritize eco-friendly when making any purchase decision. The huge market growth potential in the United States is fueling the demand for environment-friendly commercial furniture.

Rise In Number of Corporate Offices Supports Market Demand

An increase in the pace of construction of IT parks and commercial zones to boost the economic activity of developing countries is driving the demand for commercial furniture around the world. To boost the employees' productivity, organizations are heavily investing in creating a collaborative environment to fuel social interaction and colleague communication in the form of comfortable lounges and informal office spaces.

The development of informal office spaces requires quality commercial furniture products, bolstering the demand for commercial furniture worldwide. Technological advancements, a surge in demand for smart workplace furniture, and the introduction of intelligent furniture products contribute to market growth.

The rise in the investments to transform the existing infrastructure into modernized furniture is expected to create substantial growth opportunities for the global commercial furniture market in the next five years. Increasing adoption of a sedentary lifestyle by employees is generating the need for furniture supporting better posture and movement, which is expected to accelerate the growth of the global commercial furniture market.

Flourishing HoReCa Business Fuels Market Demand

HoReCa stands for hotels, restaurants, and catering and is generates a significant amount of revenue around the globe. The commercial real estate market size in the United States is valued at around USD 1 Trillion. Increasing expenditure capacity of consumers and improvement in the living standards along with rapid urbanization is bolstering the trend of junk food and eating outside in restaurants, cafes, and pubs.

Leading authorities are making efforts to accelerate the industry to trigger the growth of this business to generate significant revenue. Market players are combining the industry experience and culinary expertise and adopting marketing strategies among the foodservice operators, distributors, and manufacturers to push the growth of HoReCa business.

In metro cities, the majority of the population is working, which leaves less time for cooking and other activities, therefore fostering the demand for consumption of fast food that is considered affordable and widely available. The young population prefers to eat outside in popular food chains such as Dominos, Burger King, and the growth of giant food chains is boosting the development of the HoReCa business across the globe.

The growing business is accelerating the demand for comfortable and affordable commercial furniture to accommodate the customers and provide comfort while eating at their food places.


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Market Segmentation

The global commercial furniture market is segmented by type, end use, distribution channel, regional distribution, and competition landscape. Based on the type, the market is divided into seating, storage, desks & tables, workstation, beds, and others. Based on the end use, the market is divided into office, education, HoReCa, health and others. Based on the distribution channel, the market is bifurcated into offline and online. The market analysis also studies the regional segmentation to devise regional market segmentation, divided among North American region, European region, Asia-Pacific region, South American region, and Middle East & African region.

Market Players

Okamura Corporation, HNI Corporation, Herman Miller Inc., Haworth Inc., Global Furniture Group, Steelcase Inc., Knoll Inc., Kimball International, 9to5 Seating, KOKUYO Co. Ltd, are among the major market players in the global platform that lead the market growth of the global commercial furniture market.

Attribute

Details

Base Year

2021

Historic Data

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments covered

  • Type
  • End Use
  • Distribution Channel

Regional scope

North America; Europe; Asia Pacific; South America; Middle East & Africa

Country scope

United States; Canada; Mexico; France; Germany; United Kingdom; Italy; Spain; China; India; Japan; South Korea; Australia; Brazil; Argentina; Colombia; UAE; Saudi Arabia; South Africa;

Key companies profiled

Okamura Corporation, HNI Corporation, Herman Miller Inc., Haworth Inc., Global Furniture Group, Steelcase Inc., Knoll Inc., Kimball International, 9to5 Seating, KOKUYO Co. Ltd

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, global commercial furniture market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Commercial Furniture Market, By Type:
    • Seating
    • Storage
    • Desks & Tables
    • Workstation
    • Beds
    • Others
  • Commercial Furniture Market, By End Use:
    • Office
    • Education
    • HoReCa
    • Health
    • Others
  • Commercial Furniture Market, By Distribution Channel:
    • Offline
    • Online
  • Commercial Furniture Market, By Region:
    • North America
      • United States
      • Canada
      • Mexico
    • Europe
      • France
      • Germany
      • United Kingdom
      • Italy
      • Spain
    • Asia-Pacific
      • China
      • India
      • Japan
      • South Korea
      • Australia
    • Middle East & Africa

§  UAE

§  Saudi Arabia

§  South Africa

    • South America
      • Brazil
      • Argentina
      • Colombia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global commercial furniture market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

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1.    Product Overview

2.    Research Methodology

3.    Executive Summary

4.    Voice of Customer

4.1.  Brand Awareness

4.2.  Factors Influencing Purchase Decision

4.3.  Sources of Information

4.4.  Challenges Faced Post Purchase

5.    Global Commercial Furniture Market Outlook

5.1.  Market Size & Forecast

5.1.1.     By Valuewe3

5.2.  Market Share & Forecast

5.2.1.     By Type (Seating, Storage, Desks & Tables, Workstation, Beds, Others)

5.2.2.     By End Use (Office, Education, HoReCa, Health, Others)

5.2.3.     By Distribution Channel (Offline, Online)

5.2.4.     By Region

5.2.5.     By Company (2021)

5.3.  Market Map

6.    North America Commercial Furniture Market Outlook

6.1.  Market Size & Forecast          

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Type

6.2.2.     By End Use 

6.2.3.     By Distribution Channel

6.2.4.     By Country (United States; Canada; Mexico and Rest of North America)

6.3.  North America: Country Analysis

6.3.1.     United States Commercial Furniture Market Outlook

6.3.1.1.         Market Size & Forecast

6.3.1.1.1.             By Value

6.3.1.2.         Market Share & Forecast

6.3.1.2.1.             By Type

6.3.1.2.2.             By End Use 

6.3.1.2.3.             By Distribution Channel

6.3.2.     Canada Commercial Furniture Market Outlook

6.3.2.1.         Market Size & Forecast

6.3.2.1.1.             By Value

6.3.2.2.         Market Share & Forecast

6.3.2.2.1.             By Type

6.3.2.2.2.             By End Use 

6.3.2.2.3.             By Distribution Channel

6.3.3.     Mexico Commercial Furniture Market Outlook

6.3.3.1.         Market Size & Forecast

6.3.3.1.1.             By Value

6.3.3.2.         Market Share & Forecast

6.3.3.2.1.             By Type

6.3.3.2.2.             By End Use 

6.3.3.2.3.             By Distribution Channel

7.    Europe Commercial Furniture Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Type

7.2.2.     By End Use 

7.2.3.     By Distribution Channel

7.2.4.     By Country (France; Germany; UK; Italy; Spain and Rest of Europe)

7.3.  Europe: Country Analysis

7.3.1.     France Commercial Furniture Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Type

7.3.1.2.2.             By End Use 

7.3.1.2.3.             By Distribution Channel

7.3.2.     Germany Commercial Furniture Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Type

7.3.2.2.2.             By End Use 

7.3.2.2.3.             By Distribution Channel

7.3.3.     United Kingdom Commercial Furniture Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Type

7.3.3.2.2.             By End Use 

7.3.3.2.3.             By Distribution Channel

7.3.4.     Italy Commercial Furniture Market Outlook

7.3.4.1.         Market Size & Forecast

7.3.4.1.1.             By Value

7.3.4.2.         Market Share & Forecast

7.3.4.2.1.             By Type

7.3.4.2.2.             By End Use 

7.3.4.2.3.             By Distribution Channel

7.3.5.     Spain Commercial Furniture Market Outlook

7.3.5.1.         Market Size & Forecast

7.3.5.1.1.             By Value

7.3.5.2.         Market Share & Forecast

7.3.5.2.1.             By Type

7.3.5.2.2.             By End Use 

7.3.5.2.3.             By Distribution Channel

8.    Asia-Pacific Commercial Furniture Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Type

8.2.2.     By End Use 

8.2.3.     By Distribution Channel

8.2.4.     By Country (China; India; Japan; South Korea; Australia; and Rest of Asia Pacific)

8.3.  Asia-Pacific: Country Analysis

8.3.1.     China Commercial Furniture Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Type

8.3.1.2.2.             By End Use 

8.3.1.2.3.             By Distribution Channel

8.3.2.     India Commercial Furniture Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Type

8.3.2.2.2.             By End Use 

8.3.2.2.3.             By Distribution Channel

8.3.3.     Japan Commercial Furniture Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Type

8.3.3.2.2.             By End Use 

8.3.3.2.3.             By Distribution Channel

8.3.4.     South Korea Commercial Furniture Market Outlook

8.3.4.1.         Market Size & Forecast

8.3.4.1.1.             By Value

8.3.4.2.         Market Share & Forecast

8.3.4.2.1.             By Type

8.3.4.2.2.             By End Use 

8.3.4.2.3.             By Distribution Channel

8.3.5.     Australia Commercial Furniture Market Outlook

8.3.5.1.         Market Size & Forecast

8.3.5.1.1.             By Value

8.3.5.2.         Market Share & Forecast

8.3.5.2.1.             By Type

8.3.5.2.2.             By End Use 

8.3.5.2.3.             By Distribution Channel

9.    Middle East and Africa Commercial Furniture Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Type

9.2.2.     By End Use 

9.2.3.     By Distribution Channel

9.2.4.     By Country (UAE; Saudi Arabia; South Africa and Rest of Middle East & Africa)

9.3.  MEA: Country Analysis

9.3.1.     South Africa Commercial Furniture Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Type

9.3.1.2.2.             By End Use 

9.3.1.2.3.             By Distribution Channel

9.3.2.     Saudi Arabia Commercial Furniture Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Type

9.3.2.2.2.             By End Use 

9.3.2.2.3.             By Distribution Channel

9.3.3.     UAE Commercial Furniture Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Type

9.3.3.2.2.             By End Use 

9.3.3.2.3.             By Distribution Channel

10.  South America Commercial Furniture Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value

10.2.              Market Share & Forecast

10.2.1.  By Type

10.2.2.  By End Use 

10.2.3.  By Distribution Channel

10.2.4.  By Country (Brazil; Argentina; Colombia; and Rest of South America)

10.3.              South America: Country Analysis

10.3.1.  Brazil Commercial Furniture Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Type

10.3.1.2.2.           By End Use 

10.3.1.2.3.           By Distribution Channel

10.3.2.  Argentina Commercial Furniture Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Type

10.3.2.2.2.           By End Use 

10.3.2.2.3.           By Distribution Channel

10.3.3.  Colombia Commercial Furniture Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1.           By Value

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.           By Type

10.3.3.2.2.           By End Use 

10.3.3.2.3.           By Distribution Channel

11.  Market Dynamics

11.1.              Drivers

11.2.              Challenges

12.  Market Trends & Developments

13.  Competitive Landscape

13.1.              Company Profiles

13.1.1.  Company Details

13.1.2.  Financials (As reported)

13.1.3.  Key Market Focus and Geographical Presence

13.1.4.  Pricing of Target Products

13.1.5.  Market positioning

13.2.              Okamura Corporation

13.3.              HNI Corporation

13.4.              Herman Miller Inc.

13.5.              Haworth Inc.

13.6.              Global Furniture Group

13.7.              Steelcase Inc.

13.8.              Knoll Inc.

13.9.              Kimball International

13.10.            9to5 Seating

13.11.            KOKUYO Co. Ltd

14.  Strategic Recommendations

15.  About Us & Disclaimer

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