Office Furniture Sales Upsurge with Major Players Contributing Heavily towards Market Growth, reports Fact.MR study
Verfasser: ashwani_kailiya on Friday, 11 October 2019The global office furniture market is expected to create ~ US$ 22 Billion worth of incremental opportunity over the forecast period. Since the last two decades, the number of small, micro, and medium-sized enterprises has increased drastically in developed and developing countries. Moreover, constant provision from private investments and governments is fueling the growth of the private sector, which is further propelling the office furniture market growth to a great extent. Office furniture is highly required for such agencies and commercial infrastructures. However, the office furniture market is highly fragmented and manufacturers’ efforts for organizing the industry have supported the global supply chain rigorously. With this, consumers are exposed to a wide range of office furniture to choose either from a retail store or through an online platform. Fact.MR found that the office furniture market is expected to grow with ~ 7% CAGR in the forecast period. Furthermore, discomfort in the neck, back, shoulders, hands, and wrists have become some of the common concerns of working people, especially those associated with longer sitting hours in office. Increasing awareness about the importance of office furniture to maintain a good posture and to keep good health is spreading gradually.