Work from Home Furniture Market Analysis - Global Industry Size, Share, Trends and Forecast, 2020 - 2027

Market Dynamics

Globally there is growing demand for home office furniture. In today's family and working atmosphere, home offices play a big part. The items of this furniture are primarily used by people in industrial and residential areas. In the home office scenario, mobilization plays an essential function. They are used for a number of uses, such as school assignments for youngsters, household budget families or internet scholars, and office day staff from home. Mainly items such as undecorated kitchenware, sofas, beds, beds, tubing seats and couches are used in home office furniture. Home employers have limited budgets and so home office furniture should be desirable and affordable. In comparison, end customers prefer packaged furniture over unbranded furniture. In developing and developed countries, the rapid urbanization contributes to increased demands of intelligent and multifunctional furnishings. In the home and office furniture market, the increasing building sector also has significant influences. In addition, people quest for goods that provide convenience and improve efficiency in the home office. The makers then concentrate on furniture construction, which provides greater comfort and decreases tension effectively.

Segment Analysis by Region

In the US, more and more people choose to work from their homes. It is a must for telecommuting, enabling them to relax and avoid the necessity to travel to the office daily that supports this trend. People want to open their own home offices in a safe and limited space and welcome their own personal customers. In several US towns, besides their daily jobs, people participate in other business activity. Such operation also takes place inside a building, which fuels home furniture demand. New and emerging goods are highly demanding and these demands are met by producers. The industry is rapidly being penetrated with items such as cozy seats, file management systems and multipurpose furniture.

Report coverage

COVID-19 Impact

All changed immediately with the novel Coronavirus, lockdown was implemented and social distancing became the new law. Through on-line classes on video conferencing software, people keep communicating with friends and relatives. More than 3 billion people have been forced from their homes by the lockdown, minus key employees including security and health officers. Corporations and authorities worldwide have no choice but to have flexible working arrangements with assignments.

Key Industry Players

The home office furniture market is competitive, as various suppliers seek to seize new markets and developments. Internet retailing on the market intensifies the competition. Consumers often insist on selecting furnishings from eco-friendly brands and objects that can later be harvested from recycled resources. The demand for high-quality goods, combined with plenty of work space, is high. Some of the major players in work from home furniture market share include Ashley, Steelcase, Inter IKEA Group, Furniture Industries, Sears Holdings, HNI, Haworth, Herman Miller, Kimball International, KOKUYO Furniture, Knoll, Masco, Poltrona Frau, and others.

Market Segmentation

Market By Product Type

Study Table & Table

Sofa

Bean Bag

Chair

Storage

Pouffe

Recliner

Ottoman

Others

Market By Material

Wood

Plastic

Other Materials

Market By Distribution Channel

Exclusive Showroom

Supermarkets/Hypermarkets

Online

Other Furniture Retail Outlets

Market By Region

North America

• US
• Canada

Europe

• UK
• Germany
• France
• Spain
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• Australia
• South Korea
• Rest of Asia Pacific

Latin America

• Brazil
• Mexico
• Rest if Latin America

Middle East & Africa

• GCC
• South Africa
• Rest of Middle East & Africa