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Office Chairs Market By Type (Ergonomic Chairs, Computer Chairs, Executive Office Chairs, Conference Chairs, Others) By End-User (Hypermarkets, Online Retails, Specialty Stores, Others) By Application (School, Enterprise, Households, Industrials, Others) - Growth, Future Prospects & Competitive Analysis, 2016 – 2028

About this report

The study on the global market for office chairs examines the industry's critical analysis utilising important factors. The report includes investment techniques, anatomy of an office chair, information on the demand for investments in the office chair market, and details on the many advantages for investors like how many office chairs are sold each year? This report, which is significant, outlines significant modifications to the technical standards that apply globally to the office chair market as well as how both economic and non-economic restrictions are promoting market expansion. Additionally, the report examines historical and projected market sizes at the global, regional, and national levels. The report includes target market for office chairs. The paper also offers a thorough analysis of the most important investment propositions, the demand and supply gap, the positioning of the competition, and the STAR, SRC, and Tornado analyses. Important technology advancements and other evaluations, like Porter's Five Forces, PESTEL, and Value Chain Analysis.

REPORT ATTRIBUTE DETAILS

Office Chairs Market by Volume

Yes

Office Chairs Market by Value

Yes

Office Chairs Market, Tornado Analysis

Yes

Office Chairs Market, STAR Analysis

Yes

Office Chairs Market, SRC Analysis

Yes

Office Chairs Market, Import-Export Data

Yes (On Demand)

Office Chairs Market Pricing Analysis

Yes (On Demand)

Office Chairs Market Segment Analysis

·         By Type (Ergonomic Chairs, Computer Chairs, Executive Office Chairs, Conference Chairs, and Others)

·         By End-User (Hypermarkets, Online Retails, Specialty Stores, and Others)

·         By Application (School, Enterprise, Households, Industrials, and Others)

 

Office Chairs Market, Regional Analysis

·         North America (US and Canada)

·         Europe (Germany, UK, France, Italy, Spain, and Rest of Europe)

·         Asia Pacific (China, India, Japan, South Korea, South East Asia, and Rest of Asia Pacific)

·         Latin America (Brazil, Mexico, and Rest of Latin America)

·         Middle East and Africa (GCC Countries, South Africa, and Rest of Middle East and Africa)

Office Chairs Market Key Companies

GM Seating, Alera Elusion, Flokk, Steelcase, Herman Miller, Haworth Inc., Eurotech, HNI, Balt Butterfly, and Serta-Mid-Back

Office Chairs Market Competitive Landscape

·         Market Share Analysis

·         Competitive Benchmarking

·         Key Players Market Positioning

·         Geographical Presence Analysis

·         Major Strategies Adopted

Key Highlights of the report

How are the major segments performing in the office chairs market?

  • In 2021, ergonomics chairs accounted for the highest share in office chairs market. The growth is ascribed to increasing consumer awareness regarding the health benefits of using ergonomics chairs, including reducing back pain, supporting correct posture, improving blood circulation, and reducing pressure on hips.
  • In 2021, the online retail segment captured significant revenue share in the office chairs market owing to the easy accessibility of various office chair brands, as well as several discounts offers on the actual price.

Which region dominated the office chairs market?

In 2021, North America led the global office chairs market due to increasing demand of office chairs from educational institutions and large multinational corporations across the region. The manufacturers are creating innovative chairs, coupled with increased investments in developing technology that allows chairs to be adjusted to various body types.

What is the competitive environment of the office chairs market?

The office chairs industry's competitive environment provides information on the entire economic profit made by suppliers and businesses, the sales and revenues created in this sector, the office chairs market share globally, the business organization summary, the introduction of new products, and the opportunities for the office chairs market. In addition, the primary expansion strategies of chair manufacturers for reaching out to consumers include a well-structured and efficient supply chain and an expanded distribution network.

Executive Summary

How are ergonomic chairs useful for physical health?

The average office worker or student can sit at their desk for up to 8 hours daily. Sitting puts a lot of strain and pressure on the body and can lead to various major health concerns such as heart disease, diabetes, and deep vein thrombosis (DVT). While many individuals assume it's natural to experience aches and pains after a long day at the office, having the improper chair or a badly set up desk is frequently to blame. For best posture support, you should be able to sit with both feet flat on the floor, knees and hips parallel, and minimum strain on the back of the thighs. By providing sufficient support and enhanced comfort, ergonomic sitting can significantly minimize the stress exerted on your body. Ergonomic chairs are not considered as a luxury item but a must for an employee's or student's general health and well-being.

Which are the key investments by the office chairs market players?

Leading players operating in the office chairs market are focusing on expansion in production capacities for storage and retrieval systems. Apart from this, players are concentrating on strategic mergers and acquisitions, collaborations and creating awareness among the businesses via various advertisement campaigns to help the manufacturers to promote the usage of office chairs in the industry, which further helps to expand their customer base in global office chairs market to gain a competitive edge.

Some major players in the office chairs market are GM Seating, Alera Elusion, Flokk, Steelcase, Herman Miller, Haworth Inc., Eurotech, HNI, Balt Butterfly, and Serta-Mid-Back.

What are the major driving factors for the office chairs market?

Increased demand for ergonomic chairs has been a significant driver for the growth of office chairs market over the forecast period. Ergonomic chairs are those that feature a firm seat depth, correct lumber support, an adjustable seat, and other advantages. Ergonomics at work is important because it may assist businesses enhance their entire work environment. It can also serve to increase employee engagement, reduce absenteeism, and demonstrate the company's commitment to employee safety and health. As a result, these ergonomic chairs are in high demand, which fuels the growth of the office chairs market in the coming years. Furthermore, office chairs give workers more comfort and convenience, so consumers' preference for custom-made office chairs is predicted to result in a rise in demand over the next few years.

What are the major risks for the office chairs market?

Office chairs are often made in bulk and carried to showrooms for sale; however, growing transportation costs are resulting in high consumer prices, which is the primary constraining factor of the office chairs market. Moreover, the shifting price of raw materials, which might result in product shortages, is hampering the market's growth.

Which is the key application in the office chairs market?

Ergonomics chairs are the major revenue contributor in office chair market. This growth is majorly due to wide usage in various businesses and other commercial spaces, particularly where individuals work for lengthy periods in a sitting position. The ergonomic chairs offer adjustable seats, arm rests, and natural spine position, which reduces back discomfort and tension caused by prolonged sitting. Moreover, the multinational companies favor ergonomic office chairs to make the workplace healthier and happier and increase employee productivity.

How is the office chairs market performing in regions?

North America dominated the office chairs market with the largest share in 2021 and is estimated to sustain its dominance over the coming years. This growth is ascribed to the rising demand from large enterprises in U.S. and Canada, growing awareness about the health benefits of ergonomics chairs, and the large presence of manufacturers in this region. Furthermore, manufacturers are inventing new chairs and increasing their spending in developing technology that allows seats to be adjusted to different body shapes.

On the other hand, Asia-Pacific is expected to grow at a significant CAGR during the forecast period owing to the huge amount of transactions associated with commercial housing facilities in countries such as China, India, Hong Kong, and Singapore.  In addition, the growing number of companies and workers in the area are important factors expected to drive the growth of the office chairs market in Asia-Pacific.

office-chairs-market

What is the regulatory landscape for the office chairs market?

Employers are required by (occupational safety and health act) OSHA laws to provide ergonomic equipment such as workstations and seats to its employees. Employers are also required by OSHA's General Duty Clause, Section 5(a)(1) to keep the workplace free of recognized significant dangers, including ergonomic hazards. The laws under the OSHA regulations stated that the backrest should adhere to your spine's natural curve and give proper lumbar support. The seat should be comfortable, and your feet should be allowed to rest flat on the floor or footrest. If armrests are offered, they should be comfortable and let your shoulders relax while keeping your elbows close to your body. The chair should have a five-legged base and casters for easy mobility over the floor.

What is the market size of office chairs regarding value?

The global office chairs market is anticipated to grow at a significant CAGR of 4.9% during the forecast period. The global office chairs industry was estimated to be worth USD 12.5 billion in 2021 and was expected to be worth USD 16.6 billion by 2028.

What are the major players planning for the future of the office chairs market?

Growing regional existence and investment in downstream applications are anticipated to deliver a competitive edge in the market. For instance, in July 2021, Knoll Inc. has been successfully acquired by Herman Miller. The combined company has a global presence in over 100 countries, a global dealer network, 64 showrooms, over 50 physical retail locations, and global multichannel eCommerce capabilities. Herman Miller, Knoll, and their historical brands will continue to exist as separate entities.

Segmentation of Global Office Chairs Market-

Global Office Chairs Market – By Type

  • Ergonomic Chairs
  • Computer Chairs
  • Executive Office Chairs
  • Conference Chairs
  • Others

Global Office Chairs Market – By End-User

  • Hypermarkets
  • Online Retails
  • Specialty Stores
  • Others

Global Office Chairs Market – By Application

  • School
  • Enterprise
  • Households
  • Industrials
  • Others

Global Office Chairs Market – By Region

  • North America
    • US
    • Canada
  • Europe
    • Germany
    • France
    • UK.
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • South-east Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East and Africa

Frequently asked questions about the global office chairs market

Covid-19 had a negative impact on the office chair industry since governments announced total lockdown and individuals were confined to their homes. The epidemic also wreaked havoc on the whole supply chain.

North America accounted for the major global office chairs market revenue.

The major drivers responsible for the market's growth include rising demand from educational institutions and large enterprises, growing awareness about the health benefits of ergonomic chairs, and increasing manufacturers focus towards the innovation in office chairs.

The ergonomic chairs segment had a major share in the global market in 2021.

The online retail segment had a major share in the global market in 2021.

Office Chairs Market Scope

Report Attribute Details
Market Value in 2021 USD 12.5 billion
Market Value in 2028 USD 16.6 billion
CAGR 4.9%
Benchmarking Year 2021
Past data 2016 – 2021
Forecast period 2022 – 2028
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Trusted By
Godaddy
Published Date:  Nov 2022
Category:  Consumer Goods
Report ID:   60768
Report Format:   PDF
Pages:   120
Rating:    4.6 (50)
Delivery Time: 24 Hours to 48 Hours   
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