NEW YORK, June 9, 2015 /PRNewswire/ -- About office furniture
Office furniture is one of the major revenue generators in the furniture market in the US. Office furniture is designed specifically for use in office settings. Such furniture have an average lifespan of 8-11 years, after which it is generally replaced because of corporate and esthetic reasons.
Technavio's analysts forecast the office furniture market in the US to grow at a CAGR of 11.27%, in terms of consumption, over the period 2014-2019.
Covered in this Report
This report covers the present scenario and the growth prospects of the office furniture market in the US for the period 2015-2019. To calculate market size, the report considers revenue generated from the sales of the following: Seating systems, tables, storage units and filing systems, and others. It does not include recycled or ready-to-assemble office furniture.
Technavio's report, Office Furniture Market in the US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the US; it also covers the office furniture market landscape in the US and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key Vendors
- Haworth
- Herman Miller
- HNI
- Steelcase
Other Prominent Vendors
- Genuine Parts
- Global Upholstery
- KI
- Kimball International
- Knoll
- Teknion
Market Driver
- Increase in number of corporates in the US
- For a full, detailed list, view our report
Market Challenge
- Rise in raw material prices
- For a full, detailed list, view our report
Market Trend
- Eco-friendly furniture
- For a full, detailed list, view our report
Key Questions Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Read the full report: http://www.reportlinker.com/p03009277-summary/view-report.html
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