Global Desk Chairs Market

Desk Chairs Market Size, Share, Growth Analysis, By Type(Movable & Non-Movable), By End-Use(Residential, and Commercial & Institutional), By Distribution Channel(Store-Based – Supermarkets & Hypermarkets, Convenience Store and Others) and NonStore-Based), By Region - Industry Forecast 2024-2031

Report ID: SQMIG15F2141 | Region: Global | Published Date: February, 2024
Pages: 184 | Tables: 86 | Figures: 76

Desk Chairs Market Insights

Global Desk Chairs Market size was valued at USD 13.79 billion in 2021 and is poised to grow from USD 14.58 billion in 2022 to USD 22.79 billion by 2030, at a CAGR of 5.74% During the forecast period (2023-2030).

The corporate sector stands out as a prominent industry within the market, witnessing an influx of new businesses globally, thereby driving a significant surge in the demand for desk chairs. Acknowledged as a crucial piece of furniture, desk chairs play a pivotal role in supporting employees, contributing to enhanced performance and productivity within workplaces.

However, the proliferation of high-range desk chairs poses a challenge to the growth of the desk chairs market. Consumers face a dilemma regarding investment in high-range chairs, contemplating the value proposition against the associated costs, leading to potential hesitation or reluctance in purchasing these higher-priced options. This dilemma has an impact on market dynamics, influencing consumer choices and impacting the growth trajectory of the desk chair market as a whole.

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FAQs

Desk Chairs Market size was valued at USD 13.79 billion in 2021 and is poised to grow from USD 14.58 billion in 2022 to USD 22.79 billion by 2030, at a CAGR of 5.74% During the forecast period (2023-2030).

The competitive environment of the Desk Chairs Market is dynamic and characterized by the presence of a mix of well-established brands, emerging players, and niche producers. Innovation is a key competitive factor. Leading brands invest in research and development to introduce new flavors, packaging formats, and health-focused variations to cater to changing consumer preferences. They often set the trends in the industry. 'Steelcase Inc.', 'Herman Miller Inc.', 'HNI Corporation', 'Okamura Corporation', 'Haworth Inc.', 'Knoll Inc.', 'Teknion Corporation', 'Kokuyo Co., Ltd.', 'Kimball International Inc.', 'Kinnarps AB', 'Vitra International AG', 'Nowy Styl Group', 'Humanscale Corporation', 'Furniture Group', 'Interface Inc.', 'SitOnIt Seating Inc.', 'Stylex Seating Inc.', 'KI Furniture', 'Wilkhahn Group', 'Groupe Lacasse Inc.'

The emergence of desk chairs integrating additional features such as expansive armrests, vibration massagers, heating pads, and more is poised to revolutionize the employee experience. These enhanced functionalities are anticipated to significantly impact the desk chair market, potentially driving increased sales and popularity. Employees stand to benefit substantially from these innovations, as they cater to comfort and convenience, fostering an environment conducive to heightened productivity.

The furniture industry has experienced a profound impact due to the widespread adoption of the Work from Home (WFH) lifestyle. This shift in work dynamics has distinctly heightened the demand for home office furniture, especially witnessing a notable surge in the popularity of desk chairs. As millions transitioned to remote work setups, the need for functional and comfortable home office spaces grew exponentially. However, the market for desk chairs continues to grapple with several significant variables stemming from this transformation in office culture.

In 2022, North America emerged as the dominant force in the desk chairs market, securing the highest revenue share. This dominance was attributed to several contributing factors, including the abundant presence of desk chair manufacturers within the region. The availability of these manufacturers facilitated an environment ripe for continuous innovation and product launches, driving market growth.

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Global Desk Chairs Market

Report ID: SQMIG15F2141

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