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Contract Furniture and Furnishing Market, Global Outlook and Forecast 2023-2029

Contract Furniture and Furnishing Market, Global Outlook and Forecast 2023-2029

  • Published on : 20 May 2023
  • Pages :64
  • Report Code:SMR-7693254

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Report overview

Contract furniture, also called commercial furniture, refers to furniture that is used for commercial purposes. Examples include restaurants, hotels, airports, and even hospitals, and the type of furniture can range from sofas and chairs to beds and bar stools. Contract grade furniture is designed and manufactured by companies that specialize in these types of products, and can?t just be picked up at standard local furniture stores.
This report aims to provide a comprehensive presentation of the global market for Contract Furniture and Furnishing, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Contract Furniture and Furnishing. This report contains market size and forecasts of Contract Furniture and Furnishing in global, including the following market information:
Global Contract Furniture and Furnishing Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Contract Furniture and Furnishing market was valued at US$ 57170 million in 2022 and is projected to reach US$ 72940 million by 2029, at a CAGR of 3.5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The global key players of Contract Furniture include Steelcase, Herman Miller, Haworth, HNI Corporation, Okamura Corporation, Kokuyo, ITOKI, Global Furniture Group, and Teknion, etc. In 2021, the global top five players had a share approximately 20% in terms of revenue. Steelcase is the largest manufacturers in the world, accounting for over 5% market share. Asia-Pacific is the largest producer of furniture, with a share about 40%. In terms of product, Seating is the largest segment, with a share over 40%. In terms of application, office is the largest application, accounting for about 60% market share.
We surveyed the Contract Furniture and Furnishing companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Contract Furniture and Furnishing Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Contract Furniture and Furnishing Market Segment Percentages, by Type, 2022 (%)
Bathroom Furniture
Bedroom Furniture and Mattresses
Kitchen Furniture
Lighting Fixture
Office Furniture
Outdoor Furniture
Tables and Chair
Upholstered Furniture
Others
Global Contract Furniture and Furnishing Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Contract Furniture and Furnishing Market Segment Percentages, by Application, 2022 (%)
Corporate and Government Offices
Retail Stores
Healthcare
Hospitality
Others
Global Contract Furniture and Furnishing Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Contract Furniture and Furnishing Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Contract Furniture and Furnishing revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Contract Furniture and Furnishing revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Herman Miller
Kinnarps
Knoll
Steelcase
Haworth
Outline of Major Chapters:
Chapter 1: Introduces the definition of Contract Furniture and Furnishing, market overview.
Chapter 2: Global Contract Furniture and Furnishing market size in revenue.
Chapter 3: Detailed analysis of Contract Furniture and Furnishing company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Contract Furniture and Furnishing in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.