The contract furniture and furnishing market showcases a wide array of types, including chairs, stools, storage cabinets, desks, tables, lighting fixtures, architectural walls, cafeteria tables, sofas, and more. This diversity caters to various needs across commercial spaces. From innovative office technology to acoustic privacy solutions, the market emphasizes functionality and design, meeting the evolving demands of modern workspaces and commercial environments with a comprehensive range of furniture and furnishing options.
Access Full Report @ https://www.databridgemarketresearch.com/reports/us-contract-furniture-and-furnishing-market
Data Bridge Market Research analyses that the U.S. Contract Furniture and Furnishing Market which was USD 13,615.69 million in 2022, is expected to reach USD 22,247.90 million by 2030, growing at a CAGR of 6.4% during the forecast period of 2023 to 2030. The surge in e-commerce platforms transforms the contract furniture and furnishing market by broadening market reach and accessibility. Online channels provide a convenient avenue for consumers to explore and purchase contract furniture, contributing significantly to increased sales and market growth.
Key Findings of the Study
Commercial real estate expansion is expected to drive the market's growth rate
The expansion of commercial real estate, encompassing offices, hotels, and restaurants, plays a pivotal role in driving the contract furniture and furnishing market. As businesses and hospitality establishments grow, there is an increased demand for furnishing solutions that align with modern aesthetics, functionality, and comfort. This trend underscores the crucial link between commercial space expansion and the need for versatile, innovative contract furniture, propelling the market forward to meet the evolving requirements of diverse business environments.
Report Scope and Market Segmentation
|
Report Metric
|
Details
|
|
Forecast Period
|
2023 to 2030
|
|
Base Year
|
2022
|
|
Historic Years
|
2021 (Customizable to 2015-2020)
|
|
Quantitative Units
|
Revenue in USD Million, Volumes in Units, Pricing in USD
|
|
Segments Covered
|
Type (Chairs and Stools, Storage Cabinets, Desk and Tables, Lighting Fixtures, Architectural Walls, Cafeteria Tables and Chairs, Cabin Tables, Sofas, Kitchen Furniture, Office Technology, Acoustic Privacy/Panels, Others), Distribution Channel (Online, Offline), End User (Hospitals, Corporate Offices, Hospitality (Hotels/ Restaurants/ Cafeteria), Schools and Universities, Airports, Food Services, Others)
|
|
Market Players Covered
|
MillerKnoll, Inc. (U.S.), Haworth Inc. (U.S.), Steelcase Inc. (U.S.), Kimball International Inc. (U.S.), National Business Furniture (U.S.), OFS (U.S.), DIRTT (Canada), Teknion (Canada), KI (Krueger International) (U.S.), Affordable Interior Systems, Inc. (U.S.), Trendway Corporation (A subsidiary of Fellowes Brands) (U.S.), Safco Products Company (U.S.), Bush Furniture (U.S.), Bestar (Canada), Sauder Woodworking Co. (U.S.), Office Star Products (U.S.), Kinnarps AB (Sweden), 9to5 Seating LLC (A Subsidiary of Flokk Group) (U.S.), Hussey Seating Company (U.S.), Creative Wood (U.S.), Humanscale (U.S.), Virco Inc (U.S.), Blockhouse Furniture (U.S.), Branch (U.S.), Autonomous (U.S.), HNI Corporation (U.S.), Berco Designs (U.S.), Global Furniture Group (Canada), BossChair (U.S.), Office Furniture Store (U.S.), Nienkamper International, Inc. (Canada), Artopex (Canada)
|
|
Data Points Covered in the Report
|
In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and consumer behaviour.
|
Segment Analysis:
The U.S. contract furniture and furnishing market is segmented on the basis of type, distribution channel, and end user.
- On the basis of type, the U.S. contract furniture and furnishing market is segmented into chairs and stools, storage cabinets, desk and tables, lighting fixtures, architectural walls, cafeteria tables and chairs, cabin tables, sofas, kitchen furniture, office technology, acoustic privacy/panels, and others
- On the basis of distribution channel, the U.S. contract furniture and furnishing market is segmented into online, and offline
- On the basis of end user, the U.S. contract furniture and furnishing market is segmented into hospitals, corporate offices, hospitality (hotels/ restaurants/ cafeteria), schools and universities, airports, food services, and others
Major Players
Data Bridge Market Research recognizes the following companies as the U.S. contract furniture and furnishing market players in U.S. contract furniture and furnishing market are MillerKnoll, Inc. (U.S.), Haworth Inc. (U.S.), Steelcase Inc. (U.S.), Kimball International Inc. (U.S.), National Business Furniture (U.S.), OFS (U.S.), DIRTT (Canada).
Market Developments
- In July 2022, G2 Esports and Herman Miller Gaming partnered, enabling G2's gaming teams to access premium Herman Miller Gaming equipment. The partnership extends beyond gear, fostering exclusive opportunities for joint product development and research. This partnership positions G2 Esports at the forefront of the gaming market, ensuring a competitive edge through cutting-edge equipment and collaborative innovation with Herman Miller Gaming
- In January 2021, HNI Corporation successfully concluded the acquisition of Design Public Group, a prominent e-commerce distributor of high-design furniture for offices and homes. This strategic move not only solidified HNI Corporation's presence in the high-design furniture market but also expanded its customer base by incorporating the clientele of Design Public Group, enhancing HNI's position in the competitive furniture industry
For more detailed information about the U.S. contract furniture and furnishing market report, click here – https://www.databridgemarketresearch.com/reports/us-contract-furniture-and-furnishing-market
