Product Code: GVR-4-68040-025-6
Contract Furniture Market Growth & Trends:
The global contract furniture market size is expected to reach USD 209.48 billion by 2030, registering a CAGR of 5.3% from 2025 to 2030, according to a new report by Grand View Research, Inc. The growing capital investments in office, institutional, healthcare/medical facilities, and hospitality infrastructure is expected to generate the need for commercial furniture. The growth of the hospitality and housing & commercial construction industry and the resultant demand for premium and luxury furniture is expected to accelerate the industry growth during the forecast period. Manufacturers focus on developing multifunctional office furniture that provides enhanced comfort during long working hours and facilitates space utilization. Offices that intend to encourage effective employee collaboration to enhance productivity are boosting the demand for modern office furniture.
In recent years, office infrastructure has been witnessing a change in furniture layouts, which is driven by the demand for cost-effective and comfortable amenities. The pandemic badly affected the global economy and the contract furniture market. To break the chain and spread of coronavirus, lockdown orders were imposed by various countries across the globe. Moreover, most companies have completely shifted to a work-from-home model, which left a huge surplus of used furniture and very low demand for new products in 2020. In terms of value, the corporate offices' end-user segment dominated the industry and accounted for the largest revenue share in 2022. The information technology industry continues to be a strong and growing sector around the globe, which is driving the demand for office space expansion. The most important characteristic of technology is its extended impact on the global economy and the job market.
This, in turn, is expected to positively affect the corporate office furniture market. The online distribution channel segment is projected to grow at the fastest CAGR during the forecast period due to factors, such as improved internet connectivity and the advent of online shopping events, like Black Friday and Cyber Monday. Moreover, consumers have started switching to e-commerce channels to shop for their furniture needs, which helps reduce their need to visit physical retail stores to compare their product features and prices. This may propel the industry growth during the forecast period. Asia Pacific held the largest market share in 2022 owing to the growth of the real estate sector in developing countries, such as China and India. Moreover, development in the economy and improving work conditions are the major factors that will support product demand in the Asia Pacific region.
Contract Furniture Market Report Highlights:
- Chairs & Stools accounted for a revenue share of over 33% in 2024. The increasing demand for computer chairs, conference chairs, executive chairs, etc. from various end-users is propelling the growth of this segment.
- Contract furniture sales in corporate offices accounted for a revenue share of over 42% in 2024. The expanding business environment, rapid creation of IT parks, increase in the number of start-ups, corporate expansion, and increasing commercial zones have led to increased demand for office space and employment, which is further accelerating the market growth.
- Offline sales accounted for a revenue share of over 76% in 2024. Offline sales channels, including direct sales and dealer networks, continue to play a vital role in the growth of the contract furniture market. Manufacturers like Haworth Inc. and Herman Miller Inc.
- North America contract furniture market accounted for a revenue share of 27.62% of the global market revenue in 2024. Companies in the region are increasingly leveraging cutting-edge technologies, such as cloud-based ERP systems, in the contract furniture market.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Materials & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Information & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Product Outlook
- 2.3. End-User Outlook
- 2.4. Distribution Channel Outlook
- 2.5. Regional Outlook
- 2.6. Competitive Landscape Snapshot
Chapter 3. Contract Furniture Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.2. Industry Value Chain Analysis
- 3.2.1. Sales Channel Analysis
- 3.3. Market Dynamics
- 3.3.1. Market Driver Analysis
- 3.3.2. Market Restraint Analysis
- 3.3.3. Market Opportunities
- 3.3.4. Market Challenges
- 3.4. Industry Analysis Tools
- 3.4.1. Porter's Five Forces Analysis
- 3.5. Market Entry Strategies
Chapter 4. Contract Furniture Market: Product Estimates & Trend Analysis
- 4.1. Contract Furniture Market, By Product: Key Takeaways
- 4.2. Product Movement Analysis & Market Share, 2024 & 2030
- 4.3. Market Estimates & Forecasts, by product, 2018 - 2030 (USD Billion)
- 4.3.1. Chairs & Stools
- 4.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
- 4.3.2. Tables & Desks
- 4.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
- 4.3.3. Storage Furniture
- 4.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
- 4.3.4. Sofa & Couch
- 4.3.4.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
- 4.3.5. Others
- 4.3.5.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
Chapter 5. Contract Furniture Market: End-User Estimates & Trend Analysis
- 5.1. Contract Furniture Market, By End-User: Key Takeaways
- 5.2. End-User Movement Analysis & Market Share, 2024 & 2030
- 5.3. Market Estimates & Forecasts, by end-user, 2018 - 2030 (USD Billion)
- 5.3.1. Government
- 5.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
- 5.3.2. Corporate Offices
- 5.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
- 5.3.3. Institutional
- 5.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
- 5.3.4. Healthcare/Medical Facilities
- 5.3.4.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
- 5.3.5. Hospitality
- 5.3.5.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
- 5.3.6. Others
- 5.3.6.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
Chapter 6. Contract Furniture Market: Distribution Channel Estimates & Trend Analysis
- 6.1. Contract Furniture Market, By Distribution Channel: Key Takeaways
- 6.2. Distribution Channel Movement Analysis & Market Share, 2024 & 2030
- 6.3. Market Estimates & Forecasts, by distribution channel, 2018 - 2030 (USD Billion)
- 6.3.1. Offline
- 6.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
- 6.3.2. Online
- 6.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
Chapter 7. Contract Furniture Market: Regional Estimates & Trend Analysis
- 7.1. Contract Furniture Market: Regional Outlook
- 7.2. Regional Marketplaces: Key Takeaways
- 7.3. Market Estimates & Forecasts, by region, 2018 - 2030 (USD Billion)
- 7.3.1. North America
- 7.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
- 7.3.1.2. U.S.
- 7.3.1.2.1. Key country dynamics
- 7.3.1.2.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
- 7.3.1.3. Canada
- 7.3.1.3.1. Key country dynamics
- 7.3.1.3.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
- 7.3.1.4. Mexico
- 7.3.1.4.1. Key country dynamics
- 7.3.1.4.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
- 7.3.2. Europe
- 7.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
- 7.3.2.2. Germany
- 7.3.2.2.1. Key country dynamics
- 7.3.2.2.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
- 7.3.2.3. UK
- 7.3.2.3.1. Key country dynamics
- 7.3.2.3.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
- 7.3.2.4. France
- 7.3.2.4.1. Key country dynamics
- 7.3.2.4.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
- 7.3.2.5. Italy
- 7.3.2.5.1. Key country dynamics
- 7.3.2.5.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
- 7.3.2.6. Spain
- 7.3.2.6.1. Key country dynamics
- 7.3.2.6.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
- 7.3.3. Asia Pacific
- 7.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
- 7.3.3.2. China
- 7.3.3.2.1. Key country dynamics
- 7.3.3.2.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
- 7.3.3.3. India
- 7.3.3.3.1. Key country dynamics
- 7.3.3.3.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
- 7.3.3.4. Japan
- 7.3.3.4.1. Key country dynamics
- 7.3.3.4.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
- 7.3.3.5. Australia & New Zealand
- 7.3.3.5.1. Key country dynamics
- 7.3.3.5.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
- 7.3.3.6. South Korea
- 7.3.3.6.1. Key country dynamics
- 7.3.3.6.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
- 7.3.4. Latin America
- 7.3.4.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
- 7.3.4.2. Brazil
- 7.3.4.2.1. Key country dynamics
- 7.3.4.2.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
- 7.3.5. Middle East & Africa
- 7.3.5.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
- 7.3.5.2. South Africa
- 7.3.5.2.1. Key country dynamics
- 7.3.5.2.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
Chapter 8. Contract Furniture Market: Competitive Analysis
- 8.1. Recent developments & impact analysis, by key market participants
- 8.2. Company Categorization
- 8.3. Participant's Overview
- 8.4. Financial Performance
- 8.5. Product Benchmarking
- 8.6. Company Market Share Analysis, 2024 (%)
- 8.7. Company Heat Map Analysis
- 8.8. Strategy Mapping
- 8.9. Company Profiles
- 8.9.1. Haworth Inc.
- 8.9.1.1. Company Overview
- 8.9.1.2. Financial Performance
- 8.9.1.3. Product Portfolios
- 8.9.1.4. Strategic Initiatives
- 8.9.2. Herman Miller Inc.
- 8.9.2.1. Company Overview
- 8.9.2.2. Financial Performance
- 8.9.2.3. Product Portfolios
- 8.9.2.4. Strategic Initiatives
- 8.9.3. Kinnarps Group
- 8.9.3.1. Company Overview
- 8.9.3.2. Financial Performance
- 8.9.3.3. Product Portfolios
- 8.9.3.4. Strategic Initiatives
- 8.9.4. Steelcase Inc.
- 8.9.4.1. Company Overview
- 8.9.4.2. Financial Performance
- 8.9.4.3. Product Portfolios
- 8.9.4.4. Strategic Initiatives
- 8.9.5. HNI Corporation
- 8.9.5.1. Company Overview
- 8.9.5.2. Financial Performance
- 8.9.5.3. Product Portfolios
- 8.9.5.4. Strategic Initiatives
- 8.9.6. Sedus Stoll AG
- 8.9.6.1. Company Overview
- 8.9.6.2. Financial Performance
- 8.9.6.3. Product Portfolios
- 8.9.6.4. Strategic Initiatives
- 8.9.7. KI
- 8.9.7.1. Company Overview
- 8.9.7.2. Financial Performance
- 8.9.7.3. Product Portfolios
- 8.9.7.4. Strategic Initiatives
- 8.9.8. Global Furniture Group
- 8.9.8.1. Company Overview
- 8.9.8.2. Financial Performance
- 8.9.8.3. Product Portfolios
- 8.9.8.4. Strategic Initiatives
- 8.9.9. Martela
- 8.9.9.1. Company Overview
- 8.9.9.2. Financial Performance
- 8.9.9.3. Product Portfolios
- 8.9.9.4. Strategic Initiatives
- 8.9.10. Teknion
- 8.9.10.1. Company Overview
- 8.9.10.2. Financial Performance
- 8.9.10.3. Product Portfolios
- 8.9.10.4. Strategic Initiatives
- 8.9.11. Knoll Inc.
- 8.9.11.1. Company Overview
- 8.9.11.2. Financial Performance
- 8.9.11.3. Product Portfolios
- 8.9.11.4. Strategic Initiatives
- 8.9.12. Kimball International Inc.
- 8.9.12.1. Company Overview
- 8.9.12.2. Financial Performance
- 8.9.12.3. Product Portfolios
- 8.9.12.4. Strategic Initiatives