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- Middle East & Africa Office Furniture Market – Size, Outlook, Trends and Forecast (2020 – 2026)
Furniture refers to movable objects intended to support various human activities such as seating. Office furniture is those which furniture has been used for official purpose. Furniture is also used to hold objects at a convenient height for work or to store things. Furniture can be a product of design and is considered a form of decorative art. It can be made from many materials, including metal, plastic, and wood. Office Furniture can be made using a variety of woodworking joints which often reflect the local culture.
The Middle East & Africa 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 of companies from various regions driving the global office furniture market size.
The global 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.
The Middle East & Africa Office Furniture Market Share:
Middle East & Africa 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 segmented 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.
By geography, the Middle East & Africa market is classified into Middle East & Africa. The Middle East and African countries are expected to drive the office furniture market over the forecast period.
The Middle East & Africa 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.
The Middle East & Africa 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
- HOF Furniture
- Steelcase
- Kannarps
Along with these companies, there were many other companies considered in the report while analysing the Middle East & Africa 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 in the production of waste and deforestation
4.3.2. Eco-friendly furniture for concern towards environment
5. Middle East & Africa 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. Middle East & Africa Office Furniture Market – By Material Used
6.1. Introduction
6.6. Wood
6.3. Plastic
6.4. Metal
6.5. Others
7. Middle East & Africa Office Furniture Market – By Distribution Channel
7.1. Introduction
7.2. Office Channel
7.3. Online Channel
8. Middle East & Africa Office Furniture Market – By Geography
8.1. Introduction
8.2. Middle East & Africa
8.2.1. Middle East
8.2.2. Africa
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. HOF Furniture
9.4. Steelcase
9.5. Kannarps
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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Furniture refers to movable objects intended to support various human activities such as seating. Office furniture is those which furniture has been used for official purpose. Furniture is also used to hold objects at a convenient height for work or to store things. Furniture can be a product of design and is considered a form of decorative art. It can be made from many materials, including metal, plastic, and wood. Office Furniture can be made using a variety of woodworking joints which often reflect the local culture.
The Middle East & Africa 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 of companies from various regions driving the global office furniture market size.
The global 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.
The Middle East & Africa Office Furniture Market Share:
Middle East & Africa 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 segmented 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.
By geography, the Middle East & Africa market is classified into Middle East & Africa. The Middle East and African countries are expected to drive the office furniture market over the forecast period.
The Middle East & Africa 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.
The Middle East & Africa 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
- HOF Furniture
- Steelcase
- Kannarps
Along with these companies, there were many other companies considered in the report while analysing the Middle East & Africa 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 in the production of waste and deforestation
4.3.2. Eco-friendly furniture for concern towards environment
5. Middle East & Africa 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. Middle East & Africa Office Furniture Market – By Material Used
6.1. Introduction
6.6. Wood
6.3. Plastic
6.4. Metal
6.5. Others
7. Middle East & Africa Office Furniture Market – By Distribution Channel
7.1. Introduction
7.2. Office Channel
7.3. Online Channel
8. Middle East & Africa Office Furniture Market – By Geography
8.1. Introduction
8.2. Middle East & Africa
8.2.1. Middle East
8.2.2. Africa
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. HOF Furniture
9.4. Steelcase
9.5. Kannarps
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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