Office Chairs Market

Office Chairs Market Size, Share, Growth Analysis, By Type(Ergonomic Chairs, Executive Office Chairs, Conference Chairs, Computer Chairs), By Application(Mesh, Leather, Fabric, Plastic), By Region - Industry Forecast 2024-2031


Report ID: SQMIG20M2002 | Region: Global | Published Date: April, 2024
Pages: 157 | Tables: 66 | Figures: 75

Office Chairs Market Dynamics

Office Chairs Market Driver

  • Rising Popularity of ergonomic chairs:

Employees' effectiveness at work is being impacted by the growing worries about their health and fitness. Employees are seeking alternatives due to their worry for their health and fitness. Employees choose ergonomic chairs because they provide lumbar support and allow them to sit comfortably for long periods of time while working.

  • To prevent the spread of COVID-19, individuals started working from home. To work comfortably for long periods of time, many people created their own workstations. This in turn raised the market's demand for office chairs. The need for office chairs is anticipated to increase as fewer businesses continue to function from home. These factors will drive market expansion while also contributing to the CAGR of the respective sector during the anticipated period.

Office Chairs Market Restraint

  • The main restraining factor for the office chair sector is the rising cost of shipping, which results in high pricing for consumers. Office chairs are often made in bulk and sent to showrooms for sale. The fluctuating cost of raw materials, which might lead to a product's unavailability on the market, is another limiting factor.
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Office Chairs Market size was valued at USD 12.75 billion in 2019 and is poised to grow from USD 13.4 billion in 2023 to USD 20.97 billion by 2031, growing at a CAGR of 5.1% in the forecast period (2024-2031).

Due to the existence of multiple international companies, the market for office chairs is highly fragmented, with the presence of a large number of players. Companies including Steelcase Inc., Herman Miller, Inc., Haworth Inc., HNI Corporation, OKAMURA CORPORATION, Kimball Office, UE Furniture Co., Ltd., TOPSTAR GMBH, Bristol, UB Office Systems. '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.'

Rising Popularity of ergonomic chairs:

New development and innovations in the chairs are expected to attract more consumers. The introduction of ergonomic office chairs with extra features like big armrests, massage vibration, heated pads, and others may benefit workers in every manner conceivable. The ergonomic office chair market is anticipated to change due to these new features' rising attractiveness. Every employee appreciates comfort, which helps an employee be more productive.

North America has held the market share in the growth of the office chair market. It is anticipated that North America will continue to dominate the market globally in the forecast period. Due to increasing demand for office chairs, particularly ergonomic chairs. Moreover, the presence of many multinationals and enterprises that needs office chairs, booming the market and is expected to drive the market in the future as well.

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Office Chairs Market

Report ID: SQMIG20M2002

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