Product Code: FMCG2320
Global Contract Furniture and Furnishing Market Overview
According to SPER Market Research, the Global Contract Furniture and Furnishing Market is estimated to reach USD 235.6 billion by 2032 with a CAGR of 5.33%.
The term "contract furniture and furnishing" refers to goods made especially for use in workplaces including offices, hotels, restaurants, and healthcare facilities. These goods are distinguished by their sturdiness, usefulness, and aesthetic appeal, making them perfect for regions with a lot of foot traffic and frequent use. The market for contract furniture and furnishings is boosted by trends including the increased popularity of eco-friendly and sustainable items, the expanding need for contemporary, ergonomic office furniture, and open-plan workplaces. with a broad spectrum of target clients, including producers, suppliers, architects, end users in the commercial sector, and investors.
Contract furniture is created with durability, utility, and beauty in mind and is only intended for business usage. There are many different things available on the market, such as seats, tables, workstations, cabinets, lighting fixtures, and accessories. This market is driven by number of reasons, such as the increased popularity of eco-friendly and sustainable products, the trend toward open-plan workplaces, and the rising need for modern, ergonomic office furniture. The hospitality and healthcare industries are also a major factor in the market's expansion, as more hotels and healthcare facilities invest in high-quality furniture and furnishings to improve patient comfort and the guest experience.
Impact of COVID-19 on the Global Contract Furniture and Furnishing Market
The market for contract furnishings has been significantly impacted by the COVID-19 outbreak. The market for contract furniture and furnishing goods has drastically decreased as a result of the widespread closures of offices, hotels, restaurants, and other commercial facilities. Production and distribution of goods have also been delayed as a result of supply chain disruptions and industrial closures.
The need for contract furniture and furnishing items has, however, gradually increased as firms all over the world have started to reopen. Particularly, the demand for goods that support health, safety, and hygiene has grown dramatically. Examples include touchless fixtures and antimicrobial furnishings.
Additionally, the pandemic has accelerated number of market trends, including as the move toward remote employment and the usage of outdoor venues for gatherings and celebrations. As a result, there is now more demand for outdoor furniture and home office furniture, respectively.
Overall, the COVID-19 epidemic has posed serious obstacles for the worldwide market for contract furniture and furnishings, but it has also opened up fresh possibilities for innovation and expansion. The demand for contemporary, practical, and environmentally friendly furniture and furnishings is anticipated to stay high as businesses continue to adjust to the new normal.
Scope of the Report
Report Metric Details:
- Market size available for years: 2019-2032
- Base year considered: 2021
- Forecast period: 2022-2032
- Segments covered: By Type, By End User, By Distribution Channel
- Regions covered: Asia-Pacific, Europe, Middle East and Africa, North America, Latin America
- Companies Covered: Ahrend, Cefla, Forest Contract, Fourfront Group, Franke Water Systems, Haworth Inc., Herman Miller Inc., HMY, Humanscale International Holdings Ltd., Input Interior, ISG, Isku Group, Itab Shop Concept, Kinnarps AB, Knoll Inc., Lifestyle Design, Marine Interiors, Modus Workspace, Nobia Group, Overbury, Pioneer Contract Furniture Ltd., Sitraben Contract Furniture Ltd., Stamhuis Group, Steelcase Inc., Umdasch Shop Fitting Group, Vitra
Global Contract Furniture and Furnishing Market Segmentation:
- By Type: Based on the Type, Global Contract Furniture and Furnishing Market is segmented as; Cafeteria Tables and Chairs, Chairs and Stools, Desks and Tables, Presentation Stands, Sofas, Storage Cabinets.
- By End User: Based on the End User, Global Contract Furniture and Furnishing Market is segmented as; Airports, Corporate Office, Hospitals, Hospitality & Food Services, Institutions, Schools.
- By Distribution Channel: Based on the Distribution Channel, Global Contract Furniture and Furnishing Market is segmented as; Company-Owned Website, E-commerce Website, Furniture Marts, Office, Online, Specialty Stores, Other Retail Based.
- By Region: Here is a brief overview of the growth of the global contract furniture and furnishing market by region: North America, Europe, Asia Pacific, Latin America, Middle East
Table of Contents
1. Introduction
- 1.1. Scope of the report
- 1.2. Market segment analysis
2. Research Methodology
- 2.1 Research data source
- 2.1.1 Secondary data
- 2.1.2 Primary data
- 2.1.3 SPER's internal database
- 2.1.4 Premium insight from KOL's
- 2.2 Market size estimation
- 2.2.1 Top-down and Bottom-up approach
- 2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
- 4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1 Drivers
- 4.1.2 Restraints
- 4.1.3 Opportunities
- 4.1.4 Challenges
- 4.2. COVID-19 Impacts of the Global Contract Furniture and Furnishing Market
5. Market variables and outlook
- 5.1. SWOT analysis
- 5.1.1 Strengths
- 5.1.2 Weaknesses
- 5.1.3 Opportunities
- 5.1.4 Threats
- 5.2. PESTEL analysis
- 5.2.1 Political landscape
- 5.2.2 Economic landscape
- 5.2.3 Social landscape
- 5.2.4 Technological landscape
- 5.2.5 Environmental landscape
- 5.2.6 Legal landscape
- 5.3. PORTER'S five forces analysis
- 5.3.1 Bargaining power of suppliers
- 5.3.2 Bargaining power of Buyers
- 5.3.3 Threat of Substitute
- 5.3.4 Threat of new entrant
- 5.3.5 Competitive rivalry
- 5.4. Heat map analysis
6. Competitive Landscape
- 6.1 Global Contract Furniture and Furnishing Manufacturing Base Distribution, Sales Area, Product Type
- 6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Contract Furniture and Furnishing Market
7. Global Contract Furniture and Furnishing Market, By Type, 2019-2032 (USD Million)
- 7.1 Cafeteria Tables and Chairs
- 7.2 Chairs and Stools
- 7.3 Desks and Tables
- 7.4 Presentation Stands
- 7.5 Sofas
- 7.6 Storage Cabinets
8. Global Contract Furniture and Furnishing Market, By End User, 2019-2032 (USD Million)
- 8.1 Airports
- 8.2 Corporate Office
- 8.3 Hospitals
- 8.4 Hospitality & Food Services
- 8.5 Institutions
- 8.6 Schools
9. Global Contract Furniture and Furnishing Market, By Distribution Channel, 2019-2032 (USD Million)
- 9.1 Company-Owned Website
- 9.2 E-commerce Website
- 9.3 Furniture Marts
- 9.4 Office
- 9.5 Online
- 9.6 Specialty Stores
- 9.7 Other Retail Based
10. Global Contract Furniture and Furnishing Market, By Region, 2019-2032 (USD Million)
- 10.1 Global Contract Furniture and Furnishing Market Size and Market Share by Region (2019-2025)
- 10.2 Global Contract Furniture and Furnishing Market Size and Market Share by Region (2026-2032)
- 10.3 Asia-Pacific
- 10.3.1 Australia
- 10.3.2 China
- 10.3.3 India
- 10.3.4 Japan
- 10.3.5 South Korea
- 10.3.6 Rest of Asia-Pacific
- 10.4 Europe
- 10.4.1 France
- 10.4.2 Germany
- 10.4.3 Italy
- 10.4.4 Spain
- 10.4.5 United Kingdom
- 10.4.6 Rest of Europe
- 10.5 Middle East and Africa
- 10.5.1 Kingdom of Saudi Arabia
- 10.5.2 United Arab Emirates
- 10.5.3 Rest of Middle East & Africa
- 10.6 North America
- 10.6.1 Canada
- 10.6.2 Mexico
- 10.6.3 United States
- 10.7 Latin America
- 10.7.1 Argentina
- 10.7.2 Brazil
- 10.7.3 Rest of Latin America
11. Company Profiles
- 11.1 Ahrend
- 11.1.1 Company details
- 11.1.2 Financial outlook
- 11.1.3 Product summary
- 11.1.4 Recent developments
- 11.2 Cefla
- 11.2.1 Company details
- 11.2.2 Financial outlook
- 11.2.3 Product summary
- 11.2.4 Recent developments
- 11.3 Forest Contract
- 11.3.1 Company details
- 11.3.2 Financial outlook
- 11.3.3 Product summary
- 11.3.4 Recent developments
- 11.4 Fourfront Group
- 11.4.1 Company details
- 11.4.2 Financial outlook
- 11.4.3 Product summary
- 11.4.4 Recent developments
- 11.5 Franke Water Systems
- 11.5.1 Company details
- 11.5.2 Financial outlook
- 11.5.3 Product summary
- 11.5.4 Recent developments
- 11.6 Haworth Inc.
- 11.6.1 Company details
- 11.6.2 Financial outlook
- 11.6.3 Product summary
- 11.6.4 Recent developments
- 11.7 Herman Miller Inc.
- 11.7.1 Company details
- 11.7.2 Financial outlook
- 11.7.3 Product summary
- 11.7.4 Recent developments
- 11.8 HMY
- 11.8.1 Company details
- 11.8.2 Financial outlook
- 11.8.3 Product summary
- 11.8.4 Recent developments
- 11.9 Humanscale International Holdings Ltd.
- 11.9.1 Company details
- 11.9.2 Financial outlook
- 11.9.3 Product summary
- 11.9.4 Recent developments
- 11.10 Input Interior
- 11.10.1 Company details
- 11.10.2 Financial outlook
- 11.10.3 Product summary
- 11.10.4 Recent developments
- 11.11 ISG
- 11.11.1 Company details
- 11.11.2 Financial outlook
- 11.11.3 Product summary
- 11.11.4 Recent developments
- 11.12 Isku Group
- 11.12.1 Company details
- 11.12.2 Financial outlook
- 11.12.3 Product summary
- 11.12.4 Recent developments
- 11.13 Itab Shop Concept
- 11.13.1 Company details
- 11.13.2 Financial outlook
- 11.13.3 Product summary
- 11.13.4 Recent developments
- 11.14 Kinnarps AB
- 11.14.1 Company details
- 11.14.2 Financial outlook
- 11.14.3 Product summary
- 11.14.4 Recent developments
- 11.15 Knoll Inc.
- 11.15.1 Company details
- 11.15.2 Financial outlook
- 11.15.3 Product summary
- 11.15.4 Recent developments
- 11.16 Lifestyle Design
- 11.16.1 Company details
- 11.16.2 Financial outlook
- 11.16.3 Product summary
- 11.16.4 Recent developments
- 11.17 Marine Interiors
- 11.17.1 Company details
- 11.17.2 Financial outlook
- 11.17.3 Product summary
- 11.17.4 Recent developments
- 11.18 Modus Workspace
- 11.18.1 Company details
- 11.18.2 Financial outlook
- 11.18.3 Product summary
- 11.18.4 Recent developments
- 11.19 Nobia Group
- 11.19.1 Company details
- 11.19.2 Financial outlook
- 11.19.3 Product summary
- 11.19.4 Recent developments
- 11.20 Overbury
- 11.20.1 Company details
- 11.20.2 Financial outlook
- 11.20.3 Product summary
- 11.20.4 Recent developments
- 11.21 Pioneer Contract Furniture Ltd.
- 11.21.1 Company details
- 11.21.2 Financial outlook
- 11.21.3 Product summary
- 11.21.4 Recent developments
- 11.22 Sitraben Contract Furniture Ltd.
- 11.22.1 Company details
- 11.22.2 Financial outlook
- 11.22.3 Product summary
- 11.22.4 Recent developments
- 11.23 Stamhuis Group
- 11.23.1 Company details
- 11.23.2 Financial outlook
- 11.23.3 Product summary
- 11.23.4 Recent developments
- 11.24 Steelcase Inc.
- 11.24.1 Company details
- 11.24.2 Financial outlook
- 11.24.3 Product summary
- 11.24.4 Recent developments
- 11.25 Umdasch Shop Fitting Group
- 11.25.1 Company details
- 11.25.2 Financial outlook
- 11.25.3 Product summary
- 11.25.4 Recent developments
- 11.26 Vitra
- 11.26.1 Company details
- 11.26.2 Financial outlook
- 11.26.3 Product summary
- 11.26.4 Recent developments
12. List of Abbreviations
13. Reference Links
14. Conclusion
15. Research Scope