Why the need for Standing Desks increased during covid 19?
The COVID-19 era had a negative impact on market growth both during and after that time. The growing demand for contemporary height-adjustable workstations is driving the standing desk industry. Increasing the need for office spaces, including co-working spaces, is driving the standing desk business. More positions and office space are available as a result of the rise in the number of multinational firms operating on a global scale. People's concerns about back pain contributed to the growth of the standing desk market. Most people were quite concerned about the backache problem because they spent so much time sitting down at their jobs.
What is the Market Size of Standing Desks in terms of value?
The stand desk market is expected to grow significantly over the next few years, at a CAGR of 7.20 percent. The market for standing desks was valued at USD 6291.5 million in 2021, and by 2028, it is expected to be worth USD 9548.23 million. The demand for standing desks is anticipated to rise sharply in the upcoming years. During the forecast period between 2022 and 2028, it is anticipated to create revenue opportunities worth USD 3256.7 million for the major industry participants.
How ergonomic design helped the Standing Desks market growth?
This is mostly because there is a severe global shortage of standing desks and a high demand for them. Because Canadian farmers switching to alternative crops like cereals due to higher input costs and Canada's crushing capabilities, the prices of Standing Desks remained high in the North American region. In addition, standing desk pricing displayed fluctuating behavior due to conflicting market attitudes in the Asia Pacific region.
Interesting Facts about Standing Desks Industry
The current height-adjustable desk market is propelled by the product's ability to reduce downtime, enhance performance, and assist prevent avoidable back disorders. The market for contemporary height-adjustable workstations, which is anticipated to increase during the forecast period, is being driven by numerous advantages for both businesses and employees.
Maintenance will be a significant barrier to the existing height-adjustable desk market, and numerous technological issues are projected to be the main limitations on the growth of the standing desks sector globally. Standing Desk Comfort Mats' global expansion is significantly hampered.
In terms of volume and value, the Asia Pacific region dominated the global market for standing desks in 2021. It is anticipated that this dominance will last throughout the forecast period.
The demand for mechanically adjustable standing desks will expand during the forecast period as customers worldwide become more accustomed to buying organic products.
Who are the Top 10 players/companies in the Standing Desks market in terms of value?
The value of the global Standing Desks market includes Steelcase, Ergotron, Herman Miller, Okamura, Haworth, HNI Corporation, Humanscale, Workrite Ergonomics, Global Furniture Group, and Qidong Vision Mounts Manufacturing Co., Ltd.. These key companies are concentrating on new product development and technological innovation to increase their Standing Desk production and grab a piece of the market that is competitive worldwide. In addition, some regional and national players are making significant investments to broaden their product lines and boost sales. For instance, starting in September 2021, Apple's new Apple Park headquarters in California will provide all of its employees with desks that can be raised to a comfortable height when they want to stand and work. If you can stand for a while, then sit, and so on, it will be significantly healthier for your lifestyle.
On the other hand, DeskMakers will launch the Ascend line of height-adjustable desks in February 2020. In addition, employees are once more seeking privacy as a result of the changing employment environment. The most recent series from DesksMakers tries to reconcile this growing desire for more privacy with the adaptability provided by open workstations.
Who are the Top 10 Countries in the Standing Desks Market?
In the global Standing Desks market, the major countries are China, the U.S., India, Canada, France, the U.K., Germany, Russia, Switzerland, and Japan. With a volume share of more than 40% in the global market for standing desks in 2021, China is the leading producer and consumer of these devices. The market in developed nations is also being driven by a rise in the demand for organic standing desks and consumer health consciousness. Additionally, the market for standing desks is anticipated to grow dramatically in the coming years as young people in developing nations like India become more aware of them.
Which is the Key Product Area of the Standing Desks Market?
The main uses for standing desks include converter standing desks, mechanically adjustable desks, and electrically adjustable desks. Because they can be easily adjusted for height, mechanically adjustable standing desks are suitable for a larger range of users. As a result, they dominate the global market for standing desk comfort mats. Since mechanical standing workstations are less expensive than electrically adjustable workstations, they are fairly common on the market. In addition, the health concerns presented by employees' hunched-over positions at work are worrying businesses more and more. Due to this, the overall price of standing desk comfort mats has significantly climbed in recent years.
Additionally, people's concerns about their daily routines, posture, and health while at work are growing, which is driving up demand for standing desk comfort mats. The market has consequently expanded quickly. A few of the main factors propelling market expansion for the global standing desk comfort mat are decreased risks of obesity, diabetes, back pain issues, heart disease, improved optimism, and increased job productivity.
What are the Major Driving Factors for Standing Desks Market?
The primary factors driving the market for height-adjustable desks today are their ability to reduce downtime, improve performance, and prevent avoidable back problems. Numerous advantages for both employers and employees are what are driving the market for contemporary height-adjustable desks and are expected to boost demand during the projected period.
What are the Major Restraints for the Standing Desks Market?
The key restraint of the global Standing Desks market, which is projected to hamper the market growth, includes the different technological challenges. Maintenance will be the key limitation for the modern height-adjustable desk market. The high cost of products is a major stumbling block to the global growth of standing desk comfort mats. In addition, a lack of public understanding of the benefits of comfort mats limits the market's growth.
Which Region Dominated the World Standing Desks Market?
In 2021, Asia Pacific dominated the global Standing Desks market and accounted for more than 40% of the market revenue share in terms of value as well as volume. Due to rising public awareness about health and corporate adoption of ergonomic furniture, Asia-Pacific is expected to grow at a fast pace in the worldwide standing desk comfort mat market. The need for flexible comfort mats has created a number of opportunities for manufacturers to create comfort mats with innovative characteristics that provide greater comfort. Increased awareness of people's health in the workplace and the benefits of comfort mats in increasing people's work productivity have prompted companies to develop new products. Additionally, the increased market competition brought on by the introduction of small and medium-sized enterprises has compelled current companies to increase their R&D spending in order to better serve their clientele. Even standing meetings have grown in popularity in recent years, not simply because productivity is increased; standing meetings are also considered healthier. The study finds that because the hip, knee, and neck muscles are locked while we sit, we are more likely to experience these pains. Therefore, the stand-up desks market is expanding to prevent these ailments.
The largest market share is in North America due to individuals' growing awareness and motivation toward their health. Additionally, many standing desk comfort mat manufacturers are situated in North America.
Segmentation of Global Standing Desks Market-
Global Standing Desks Market –By Product Type
Fixed Standing Desk
Mechanically Adjusted Desk
Electrically Adjusted Desk
Converter Standing Desk
Global Standing Desks Market – By End Use
Household
Commercial
Global Standing Desks Market – By Distribution Channel
Online
Offline
Frequently asked questions about the global Standing Desks industry.
Asia Pacific accounted for the highest share in the global Standing Desks market in terms of value as well as volume.
The main reasons propelling the market's expansion are: The rise in health consciousness among consumers throughout the world The rise in demand for ergonomic furniture The availability of standing desks in a range of forms
Standing desks that could be mechanically adjusted held a substantial market share in 2021, accounting for more than 70% of market revenues. Additionally, converter standing desks are anticipated to increase at the greatest rate.
Commercial accounted for a sizeable portion of the global market in 2021.
