Global Home Office Furniture Market to Reach USD 49.1 Billion by 2033, Propelled by Rising Adoption of Remote Working Practices

November 20, 2024 | Retail

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The latest report by IMARC Group, titled “Home Office Furniture Market Report by Product Type (Seating, Storage Units and File Cabinets, Desks and Tables, and Others), Material Type (Wood, Metal, Plastic, Glass, and Others), Price Range (Low, Medium, High), Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Stores, and Others), and Region 2025-2033,” finds that the global home office furniture market size reached USD 29.3 Billion in 2024. Home office furniture refers to versatile and multi-functional furniture units used for creating a professional setup in at-home workspaces. It comprises writing and corner desks, tables, chairs, drawers, couches, bookshelves, and cabinets that are manufactured using durable materials, such as steel, wood, and plastic. These are available in a wide variety of aesthetically appealing styles and finishes that are lightweight, comfortable, portable, and consume minimal space. Owing to these properties, home office furniture is widely utilized by employees, professionals, and entrepreneurs for writing, reading, attending online meetings and lectures, operating desktops and laptops, and storing files.

Global Home Office Furniture Market Trends:

The market is primarily driven by the rising adoption of remote working practices. This can be attributed to the lockdown measures implemented by governments of several countries to prevent the spread of the coronavirus disease (COVID-19), which have encouraged businesses around the world to shift toward the work-from-home (WFH) and remote working model. In addition, the growing awareness among individuals regarding the advantages of the home office concept, such as work flexibility, a broader spectrum of recruitment, and reduced infrastructure costs, represents another major growth-inducing factor. Besides this, the leading market players are introducing ultra-modern designs that relieve the strain and fatigue of users caused by long seating. They are also developing connected office desks equipped with sensors that can record space utilization data and help correct the seating posture of individuals. This, coupled with the increasing allowances provided by multinational companies (MNCs) to their employees for purchasing home office furniture, is escalating the product demand across the globe. Looking forward, IMARC Group expects the market value to reach USD 49.1 Billion by 2033, exhibiting a CAGR of 5.81% during 2025-2033.

Market Summary:

Based on the product type, the market has been segmented into seating, storage units and file cabinets, desks and tables, and others.
On the basis of the material type, the market has been segregated into wood, metal, plastic, glass, and others.
Based on the price range, the market has been classified into low, medium, and high.
The market has been categorized based on the distribution channel into supermarkets and hypermarkets, specialty stores, online stores, and others.
Region-wise, the market has been divided into North America (the United States and Canada), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Latin America (Brazil, Mexico, and others), and Middle East and Africa.
The competitive landscape of the market has been examined in the report, with some of the key players being Ashley Furniture Industries Inc., Haworth Inc., Herman Miller Inc., HNI Corporation, Inter IKEA Systems B.V., Kimball International Inc., Knoll Inc, KOKUYO Co. Ltd., Okamura Corporation, Steelcase Inc. and Teknion Corporation.

Report Coverage:

Report Features	Details
Base Year of the Analysis	2024
Historical Period	2019-2024
Forecast Period	2025-2033
Units	Billion USD
Segment Coverage	Product Type, Material Type, Price Range, Distribution Channel, Region
Region Covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered	United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered	Ashley Furniture Industries Inc., Haworth Inc., Herman Miller Inc., HNI Corporation, Inter IKEA Systems B.V., Kimball International Inc., Knoll Inc, KOKUYO Co. Ltd., Okamura Corporation, Steelcase Inc. and Teknion Corporation
Customization Scope	10% Free Customization
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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Global Home Office Furniture Market to Reach USD 49.1 Billion by 2033, Propelled by Rising Adoption of Remote Working Practices

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