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- Europe Office Furniture Market – Size, Outlook, Trends and Forecast (2021 – 2027)
Office furniture is used for various purposes like a cabinet meeting, desks for placing devices, logistics and cafeteria. These are smooth instead of clustery with lightweight movable, adjust and folding that can take place with advanced technology gives space. Office furniture’s should have great designs and shapes for a business to project, as it will have a right image in front of clients. So that modern office furniture is designed in lightweight, clean and graceful entirely varies from old type of furniture.
Europe Office Furniture Market Size & Growth:
Office furniture market stood at $XX Billion during 2017, and regarding CAGR it is projected to the growth of XX% and will reach $XX billion by 2025. Office furniture’s are evolving with new designs and styles attractively, convince & comfort to consumers, the demand for branded furnishing has increased and an increase in companies from various countries driving the market.
The Europe office furniture market growth in future will arrive by growing demand for eco – friendly furniture, modern & luxury furniture, hotels & restaurants, raw materials from suppliers, reduction of high-cost transportation to manufacturers. Innovation in office furniture depending on requirements from users make it difficult to reach the product lines are the global office furniture market opportunity analysis.
Europe Office Furniture Market Share:
Europe office furniture market segments are categorised into by type, by component used and by geography. By type, the market is segmented into office chairs, storage cabinets, office tables, office furnishing. All the accessories from the type hold significant development in the office furniture market due to the rise of workspaces and employment. Workspaces always look forward to attracting the incoming people with latest designs of office furniture.
Regarding materials used, the market is classified into wood, plastic, metal & others. Wood holds the highest market share in office furniture market. Additionally, plastic is preferable over the forecast period due to the rising issues of society regarding deforestation for preparing furniture. Consumers and manufacturers are trying to adopt innovative designs for office furniture goods.
Concerning geography, Europe market is classified into Germany, Italy, UK, France, Spain & others. The UK as the dominant country with advancements in technology, the startup of company spaces will continue its growth in the office furniture market.
Europe Office Furniture Market Trends:
- On June 12, 2017, Herman Miller launches products for higher performing environments.
- On December 05, 2017 Godrej and Boyce launched new home furniture brand script.
Europe Office Furniture Market Research Report:
- An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
- To have a complete market analysis through industry value chain analysis, Porter’s five, PESTLE, SWOT analysis, and Y-o-Y analysis.
- Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year–On–Year
- Identifying DROC in the current market and their impact on altering the market dynamics.
- Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial analysis with significant competitors.
- Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
- Identify the latest developments, market shares and strategies that are employed by the major market players, such as
- Herman Miller
- Godrej and Boyce
- Senator International Ltd
- Steelcase
- Haworth Europe
- Global Group
Along with these companies, there were many other companies considered in the report while analysing the Europe Office Furniture market. These companies hold substantial share-owning to the nature of the industry whereas the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and stable customer base.
1. Introduction
1.1. Executive Summary
1.2. Market Definition
1.3. The scope of the Study
2. Research Methodology
2.1. Secondary Research
2.2. Primary Research
2.3. Analytic Tools and Model
2.4. Economic Indicator
2.4.1. Base Year, Base Currency, Forecasting Period
2.5. Expert Validation
2.6. Study Timeline
3. Market Analysis
3.1. Industry Value Chain Analysis
3.2. Porter’s Five Force Analysis
3.2.1. Bargaining Power of Buyers
3.2.2. Bargaining Power of Suppliers
3.2.3. Threats of Substitutes
3.2.4. Threats of New Entrants
3.2.5. Industry Rivalry
3.3. Pestle Analysis
3.3.1. Political
3.3.2. Economical
3.3.3. Social
3.3.4. Technological
3.3.5. Legal
3.3.6. Environmental
3.4. SWOT Analysis
3.4.1. Strengths
3.4.2. Weakness
3.4.3. Opportunities
3.4.4. Threats
3.5. Y-O-Y Analyses
4. Market Dynamics
4.1. Drivers
4.1.1. Increasing the preference for customised furniture from consumers.
4.1.2. Multi-functional furniture with multiple design and style
4.1.3. Increasing online furniture stores
4.2. Restraints & Challenges
4.2.1. A wide range of deforestation
4.2.2. Rapidly growing real estate industry
4.3. Opportunities
4.3.1. Reduce production of waste and deforestation
4.3.2. Eco-friendly furniture for concern towards environment
5. Europe Office Furniture Market – By Type
5.1. Introduction
5.2. Office chairs
5.3. Storage cabinets
5.4. Office Tables
5.5. Office furnishing
6. Europe Office Furniture Market – By Material Used
6.1. Introduction
6.6. Wood
6.3. Plastic
6.4. Metal
6.5. Others
7. Europe Office Furniture Market – By Distribution Channel
7.1. Introduction
7.2. Office Channel
7.3. Online Channel
8. Europe Office Furniture Market – By Geography
8.1. Introduction
8.2. Europe
8.2.1. UK
8.2.2. Germany
8.2.3. Italy
8.2.4. France
8.2.5. Spain
9. Company Profiles
9.1. Herman Miller
9.1.1. Company Overview
9.1.2. Business Segments
9.1.3. Financials (Public Companies)
9.1.4. Developments
9.1.5. SWOT Analysis (Public Companies)
9.2. Godrej and Boyce
9.3. Senator International Ltd
9.4. Steelcase
9.5. Haworth Europe
9.6. Global Group
9.7. Knoll Inc.
9.8. Kimball International
9.9. Meridian Office Group
9.10. Technion
9.11. Bush Furniture
9.12. Teknion Corp.
9.13. Lozier Corp.
9.14. HOF Furniture
9.15. Jasper Group
10. Competitive Landscape
10.1. Market Share Analysis
10.2. Strategies Adopted by top companies
10.3. Mergers, Acquisitions, Collaborations & Agreements
11.Market Insights
11.1. Industry Experts Insights
11.2. Analysts Opinions
11.3. Investment Opportunities
12. Appendix
12.1 List of Tables
12.2 List of Figures
- Competitive Analysis in marketing and strategic management is an assessment of the strengths and weaknesses of current and potential competitors.
- Monitoring the external and internal factors which affect the market dynamics with the aid of PESTLE analysis.
- The Regional and Global Variety is taken care of in the report.
- Year on Year basis generation of revenue is studied.
- Porter's Five Forces analyze the intensity of competition in an industry and its profitability level.
- The overview and the sustainability of the market are analyzed through SWOT.
- DROC (Drivers, Restraints, Opportunities and Challenges) is recognized in the current market scenario and see how its effect on market dynamics.
- The segment-level analysis in terms of type and technology.
- The value chain analysis, value that's created and captured by a company is the profit margin.
- Value Created and Captured – Cost of Creating that Value = Margin
- An executive summary consists of the whole report and the outcome is been given in the report to have brief knowledge about the report.
- Basis on the depth of the study we approach using analytical tools
- Expertise investment opportunities are given after analyzing the market to give the organization and the individual to have perfect knowledge about the market.
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Office furniture is used for various purposes like a cabinet meeting, desks for placing devices, logistics and cafeteria. These are smooth instead of clustery with lightweight movable, adjust and folding that can take place with advanced technology gives space. Office furniture’s should have great designs and shapes for a business to project, as it will have a right image in front of clients. So that modern office furniture is designed in lightweight, clean and graceful entirely varies from old type of furniture.
Europe Office Furniture Market Size & Growth:
Office furniture market stood at $XX Billion during 2017, and regarding CAGR it is projected to the growth of XX% and will reach $XX billion by 2025. Office furniture’s are evolving with new designs and styles attractively, convince & comfort to consumers, the demand for branded furnishing has increased and an increase in companies from various countries driving the market.
The Europe office furniture market growth in future will arrive by growing demand for eco – friendly furniture, modern & luxury furniture, hotels & restaurants, raw materials from suppliers, reduction of high-cost transportation to manufacturers. Innovation in office furniture depending on requirements from users make it difficult to reach the product lines are the global office furniture market opportunity analysis.
Europe Office Furniture Market Share:
Europe office furniture market segments are categorised into by type, by component used and by geography. By type, the market is segmented into office chairs, storage cabinets, office tables, office furnishing. All the accessories from the type hold significant development in the office furniture market due to the rise of workspaces and employment. Workspaces always look forward to attracting the incoming people with latest designs of office furniture.
Regarding materials used, the market is classified into wood, plastic, metal & others. Wood holds the highest market share in office furniture market. Additionally, plastic is preferable over the forecast period due to the rising issues of society regarding deforestation for preparing furniture. Consumers and manufacturers are trying to adopt innovative designs for office furniture goods.
Concerning geography, Europe market is classified into Germany, Italy, UK, France, Spain & others. The UK as the dominant country with advancements in technology, the startup of company spaces will continue its growth in the office furniture market.
Europe Office Furniture Market Trends:
- On June 12, 2017, Herman Miller launches products for higher performing environments.
- On December 05, 2017 Godrej and Boyce launched new home furniture brand script.
Europe Office Furniture Market Research Report:
- An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
- To have a complete market analysis through industry value chain analysis, Porter’s five, PESTLE, SWOT analysis, and Y-o-Y analysis.
- Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year–On–Year
- Identifying DROC in the current market and their impact on altering the market dynamics.
- Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial analysis with significant competitors.
- Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
- Identify the latest developments, market shares and strategies that are employed by the major market players, such as
- Herman Miller
- Godrej and Boyce
- Senator International Ltd
- Steelcase
- Haworth Europe
- Global Group
Along with these companies, there were many other companies considered in the report while analysing the Europe Office Furniture market. These companies hold substantial share-owning to the nature of the industry whereas the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and stable customer base.
1. Introduction
1.1. Executive Summary
1.2. Market Definition
1.3. The scope of the Study
2. Research Methodology
2.1. Secondary Research
2.2. Primary Research
2.3. Analytic Tools and Model
2.4. Economic Indicator
2.4.1. Base Year, Base Currency, Forecasting Period
2.5. Expert Validation
2.6. Study Timeline
3. Market Analysis
3.1. Industry Value Chain Analysis
3.2. Porter’s Five Force Analysis
3.2.1. Bargaining Power of Buyers
3.2.2. Bargaining Power of Suppliers
3.2.3. Threats of Substitutes
3.2.4. Threats of New Entrants
3.2.5. Industry Rivalry
3.3. Pestle Analysis
3.3.1. Political
3.3.2. Economical
3.3.3. Social
3.3.4. Technological
3.3.5. Legal
3.3.6. Environmental
3.4. SWOT Analysis
3.4.1. Strengths
3.4.2. Weakness
3.4.3. Opportunities
3.4.4. Threats
3.5. Y-O-Y Analyses
4. Market Dynamics
4.1. Drivers
4.1.1. Increasing the preference for customised furniture from consumers.
4.1.2. Multi-functional furniture with multiple design and style
4.1.3. Increasing online furniture stores
4.2. Restraints & Challenges
4.2.1. A wide range of deforestation
4.2.2. Rapidly growing real estate industry
4.3. Opportunities
4.3.1. Reduce production of waste and deforestation
4.3.2. Eco-friendly furniture for concern towards environment
5. Europe Office Furniture Market – By Type
5.1. Introduction
5.2. Office chairs
5.3. Storage cabinets
5.4. Office Tables
5.5. Office furnishing
6. Europe Office Furniture Market – By Material Used
6.1. Introduction
6.6. Wood
6.3. Plastic
6.4. Metal
6.5. Others
7. Europe Office Furniture Market – By Distribution Channel
7.1. Introduction
7.2. Office Channel
7.3. Online Channel
8. Europe Office Furniture Market – By Geography
8.1. Introduction
8.2. Europe
8.2.1. UK
8.2.2. Germany
8.2.3. Italy
8.2.4. France
8.2.5. Spain
9. Company Profiles
9.1. Herman Miller
9.1.1. Company Overview
9.1.2. Business Segments
9.1.3. Financials (Public Companies)
9.1.4. Developments
9.1.5. SWOT Analysis (Public Companies)
9.2. Godrej and Boyce
9.3. Senator International Ltd
9.4. Steelcase
9.5. Haworth Europe
9.6. Global Group
9.7. Knoll Inc.
9.8. Kimball International
9.9. Meridian Office Group
9.10. Technion
9.11. Bush Furniture
9.12. Teknion Corp.
9.13. Lozier Corp.
9.14. HOF Furniture
9.15. Jasper Group
10. Competitive Landscape
10.1. Market Share Analysis
10.2. Strategies Adopted by top companies
10.3. Mergers, Acquisitions, Collaborations & Agreements
11.Market Insights
11.1. Industry Experts Insights
11.2. Analysts Opinions
11.3. Investment Opportunities
12. Appendix
12.1 List of Tables
12.2 List of Figures
- Competitive Analysis in marketing and strategic management is an assessment of the strengths and weaknesses of current and potential competitors.
- Monitoring the external and internal factors which affect the market dynamics with the aid of PESTLE analysis.
- The Regional and Global Variety is taken care of in the report.
- Year on Year basis generation of revenue is studied.
- Porter's Five Forces analyze the intensity of competition in an industry and its profitability level.
- The overview and the sustainability of the market are analyzed through SWOT.
- DROC (Drivers, Restraints, Opportunities and Challenges) is recognized in the current market scenario and see how its effect on market dynamics.
- The segment-level analysis in terms of type and technology.
- The value chain analysis, value that's created and captured by a company is the profit margin.
- Value Created and Captured – Cost of Creating that Value = Margin
- An executive summary consists of the whole report and the outcome is been given in the report to have brief knowledge about the report.
- Basis on the depth of the study we approach using analytical tools
- Expertise investment opportunities are given after analyzing the market to give the organization and the individual to have perfect knowledge about the market.
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