Cleveland, OH, December 5, 2023 — US demand for office furniture is forecast to grow less than 1.0% per year in nominal terms through 2027, according to
Office Furniture: United States, a report recently released by Freedonia Focus Reports. Suppliers will benefit from an increase in the amount of office space due to growth in office construction, but advances will largely reflect price increases. In 2023, demand for office furniture is expected to decline 3.0% from a high base in 2022, as the wave of businesses purchasing new furniture as they return to the office wanes.
This report includes the results of the Freedonia Focus Reports National Online Consumer Survey of 1,500 US adults (age 18+). Actionable insights for office furniture suppliers flow from an investigation of the following:
- home office arrangements, including the presence of dedicated home office spaces as well as various mixed-use rooms
- the extent and rating of experience working from home and working at co-working spaces
- the rating of work-from-home and co-working concepts from the perspective of those who have not engaged in such things
These and other key insights are featured in Office Furniture: United States. Total demand and shipments are segmented by product in terms of:
- storage and tables
- seating
- desks
- other office furniture such as bookcases, credenzas, modular workstations, and overhead bins for office systems
Total demand is also segmented by material as follows:
- wood
- other materials such as metal and plastic
To illustrate historical trends, total demand, total shipments, the various segments, and trade are provided in annual series from 2012 to 2022.
Sales of used, recycled, and refurbished furniture are excluded from the scope of this report. Custom architectural and woodwork are also excluded, as are partitions, shelving, showcases, and stands. Establishments exclusively manufacturing furniture parts are excluded. Office furniture purchased for home use is included. Re-exports of office furniture are excluded from demand and trade figures.
More information about the report is available at:
https://www.freedoniagroup.com/freedonia-focus/office-furniture-united-states-ff20013.htm
About Freedonia Focus Reports
Each month, The Freedonia Group – a division of MarketResearch.com – publishes over 20 new or updated Freedonia Focus Reports, providing fresh, unbiased analysis on a wide variety of markets and industries. Published in 20-30 pages, Focus Report coverage ranges from raw materials to finished manufactured goods and related services such as freight and construction. Additional
Consumer Goods reports can be purchased at
The Freedonia Group or MarketResearch.com.
Analysis is intended to guide the busy reader through pertinent topics in rapid succession, including:
- total historical market size and industry output
- segmentation by products and markets
- identification of market drivers, constraints, and key indicators
- segment-by-segment outlook in five-year forecasts
- a survey of the supply base
- suggested resources for further study