Market Size in 2021 | Market Forecast in 2028 | CAGR (in %) | Base Year |
---|---|---|---|
USD 13.28 Billion | USD 17.39 Billion | 4.60% | 2021 |
FrequentlyAsked Questions
Growing business demand for furniture products and growing demand for commercial accommodation are expected to boost the demand for office chairs. The growing demand for computers in different industries such as computers, telecommunications, the internet, and many others is driving the consumption of computer chairs in business areas. In addition, the increasing adoption of the drop shipping method for their online businesses and the increasing internet penetration globally are driving the market's growth. In addition, the growing trend of interior design and renovation in corporate offices further drives the demand for furniture products.
According to the Zion Market Research report, the global office chairs market was worth about 13,275.10 (USD million) in 2021 and is predicted to grow to around 17,387.13 (USD million) by 2028, with a compound annual growth rate (CAGR) of approximately 4.60 percent.
North America is expected to be the leader in revenue generation in the office chair market, delivered to countries such as the United States and Canada. Manufacturers in the regional market are offering innovative chairs, and brands are investing in developing technology to adjust chairs to different body types. Furthermore, Asia-Pacific is expected to hold a significant share in the global office chair market. Growing business infrastructure and organizations are willing to invest in premium office furniture products for employee comfort promise positive growth in demand. Furthermore, many companies are acquiring e-commerce to ensure products are readily available in the market, which is expected to boost demand for office chairs in 2021.
Some of the main competitors dominating the global office chairs market include HNI Corporation, Haworth Inc., OKAMURA CORPORATION, UE Furniture Co., Ltd., Kimball Office, TOPSTAR GMBH, UB Office Systems, Bristol, and PSI Seating Ltd.
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