The global office furniture market size was valued at USD 44.27 billion in 2021. The market is projected to grow from USD 48.64 billion in 2022 to USD 80.62 billion by 2029, exhibiting a CAGR of 7.48% during the forecast period.

This information is presented by Fortune Business Insights, in its report titled, “Office Furniture Market, 2023-2029.”

List of Key Players Profiled in the Office Furniture Market Report:

• Haworth Inc. (U.S.)
• HNI Corporation (U.S)
• Krueger International, Inc. (U. S.)
• Humanscale (U.S.)
• Global Furniture Group (U.S.)
• Vitra International AG. (Switzerland)
• Steelcase Inc. (U.S)
• MillerKnoll, Inc (U. S.)
• Nilkamal Ltd. (India)
• Kimball International Inc. (U.S)

Report Coverage:

The report presents a rounded study of the market along with current trends and future anticipations to establish proximate investment gains. An in-depth analysis of any upcoming opportunities, threats, competitions or driving factors is also mentioned in the report. Step by step, thorough regional analysis is offered. The COVID-19 impacts have been added to the report to help investors and business owners understand the threats better. The top players in the market are identified, and their strategies to bolster the office furniture market growth are shared in the report.

Drivers and Restraints:

Significant Growth in ICT Industry Drives the Market Growth

The ICT sector has made a substantial contribution to the economies of numerous nations worldwide. The ICT sector needs proper infrastructure development since it is crucial to its operation in order to achieve optimal performance and deliver necessary services. It consists of two parts, IT applications, engineering, and services provided online. As a result, governments have been spending money on building infrastructure and luring MNCs and startups to the nation.