Contract Furniture Market: Analyzing The Relationship Between Design And Productivity

By Author: Grand View Research
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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.

Gather more insights about the market drivers, restrains and growth of the Global Contract Furniture 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 Segments 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.

Browse through Grand View Research's Homecare & Décor Industry Research Reports.

• Home Furnishing Market: The global home furnishing market size was estimated at USD 948.0 billion in 2023 and is expected to grow at a CAGR of 9.0% from 2024 to 2030.

• U.S. Office Furniture Market: The U.S. office furniture market size was estimated at USD 14.90 billion in 2022 and is anticipated to grow at a CAGR of 5.1% from 2023 to 2030.

Segments Covered in the Report

Grand View Research has segmented global contract furniture market based on the product, end-user, distribution channel, and region:

Contract Furniture Product Outlook (Revenue, USD Billion, 2018 - 2030)
• Chairs & Stools
• Tables & Desks
• Storage Furniture
• Sofa & Couch
• Others

Contract Furniture End-user Outlook (Revenue, USD Billion, 2018 - 2030)
• Government
• Corporate Offices
• Institutional
• Healthcare/Medical Facilities
• Hospitality
• Others

Contract Furniture Distribution Channel Outlook (Revenue, USD Billion, 2018 - 2030)
• Offline
• Online

Contract Furniture Regional Outlook (Revenue, USD Billion, 2018 - 2030)
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Italy
o Spain
• Asia Pacific
o China
o India
o Japan
o Australia & New Zealand
o South Korea
• Latin America
o Brazil
• Middle East & Africa
o South Africa

Order a free sample PDF of the Contract Furniture Market Intelligence Study, published by Grand View Research.

About Grand View Research
Grand View Research is a full-time market research and consulting company registered in San Francisco, California. The company fully offers market reports, both customized and syndicates, based on intense data analysis. It also offers consulting services to business communities and academic institutions and helps them understand the global and business scenario to a significant extent. The company operates across multitude of domains such as Chemicals, Materials, Food and Beverages, Consumer Goods, Healthcare, and Information Technology to offer consulting services.