United States Office Furniture Market 2018-2022 - Key Vendors are Herman Miller, HNI, Knoll, Steelcase & Haworth

News provided by

Mar 26, 2018, 02:00 ET

DUBLIN, March 26, 2018 /PRNewswire/ --

The "Office Furniture Market in the US 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The office furniture market in the US to grow at a CAGR of 5.49% during the period 2018-2022.

The report covers the present scenario and the growth prospects of the office furniture market in the US for 2018-2022. To calculate the market size, the report considers the revenue generated through the retail sales of different types of office furniture made up of wood, metal, and other raw materials. The report also includes a discussion of the key vendors operating in this market.

According to the report, one of the major drivers for this market is Surge in the number of start-ups. The global, including the US, start-up space is expanding continuously since the past few years. Favorable governmental policies like legal protections, increasing ease of doing business, innovative work environments, and business benefits like tax holidays fuel the growth of start-ups across the globe, including the US. Cities like Silicon Valley, New York City, Boston, Los Angeles, and others witness the entry of a large number of new entrepreneurs.

The latest trend gaining momentum in the market is increasing adoption of convertible workstations. A new trend in the office furniture market is the convertible workstations offered by the manufacturers. Corporates are now preferring common sit to stand desk and turn to entire sit to stand workstation. These are standing desk solution that can be used as a table top as well as it can be quickly converted into the great sitting workstation. This type of furniture is great for the start-ups as they do not have to invest a huge amount on the office furniture.

Further, the report states that one of the major factors hindering the growth of this market is Uncertainty in the prices of raw materials. One of the key operational challenges faced by the market is the uncertainty in the cost of raw materials and manufacturing. Fluctuation in the costs of raw materials and assembly components used in the manufacturing process of furniture is a key concern that is curtailing market growth. This adversely affects the profit margins for manufacturers and retailers. The cost of raw materials like steel, plastics, textiles, wood particleboard, and cartons, has increased considerably.

Key vendors

Herman Miller
HNI
Knoll
Steelcase
Haworth

Key Topics Covered:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: MARKET LANDSCAPE

Market ecosystem: Office furniture market in the US
Parent market ecosystem: Global furniture market
Market characteristics
Market segmentation analysis

PART 05: MARKET SIZING

Market definition
Office furniture market in the US - Market sizing 2017
Market size and forecast 2017-2022
Office furniture market in the US: Key market insights

PART 06: FIVE FORCES ANALYSIS

Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition

PART 07: PESTLE ANALYSIS

PART 08: MARKET SEGMENTATION BY PRODUCT

Office furniture market in the US: Segmentation by product
Comparison by product
Office seating furniture market in the US - Market size and forecast 2017-2022
Office system furniture market in the US - Market size and forecast 2017-2022
Office table furniture market in the US - Market size and forecast 2017-2022
Office storage unit and file furniture market in the US - Market size and forecast 2017-2022
Office overhead bin furniture market in the US - Market size and forecast 2017-2022
Market opportunity by product

PART 09: MARKET SEGMENTATION BY END-USER

Office furniture market in the US: Segmentation by end-user
Comparison by end-user
Commercial office furniture market in the US - Market size and forecast 2017-2022
Home office furniture market in the US - Market size and forecast 2017-2022
Market opportunity by end-user

PART 10: MARKET SEGMENTATION BY RAW MATERIAL

Office furniture market in the US: Segmentation by raw material
Comparison by raw material
Office furniture market in the US by wood - Market size and forecast 2017-2022
Office furniture market in the US by metal - Market size and forecast 2017-2022
Office furniture market in the US by others - Market size and forecast 2017-2022
Market opportunity by raw material

PART 11: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL

Office furniture market in the US - Distribution channel segmentation
Market opportunity by distribution channel

PART 12: CUSTOMER LANDSCAPE

PART 13: DECISION FRAMEWORK

PART 14: DRIVERS AND CHALLENGES

Market drivers
Other prominent drivers
Market challenges
Other prominent challenges

PART 15: MARKET TRENDS

Emergence of online furniture stores
Increasing adoption of convertible workstations
Introduction of multi-functional furniture
Evolution in office furniture's raw materials
Rising customization of office furniture
Other prominent trends

PART 16: COMPETITOR LANDSCAPE

Competitive overview
Landscape disruption
Competitive landscape

PART 17: COMPETITOR ANALYSIS

Competitors covered
Competitor classification
Market positioning of competitors

PART 18: APPENDIX

For more information about this report visit https://www.researchandmarkets.com/research/mb5xg7/united_states?w=5

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

SOURCE Research and Markets