China Office Furniture Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 37.24 Billion |
| Market Size (2029) | USD 52.32 Billion |
| CAGR (2024 - 2029) | 7.04 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
China Office Furniture Market Analysis
The China Office Furniture Market size is estimated at USD 37.24 billion in 2024, and is expected to reach USD 52.32 billion by 2029, growing at a CAGR of 7.04% during the forecast period (2024-2029).
China is one of the largest producers and exporters of office furniture in the world. The Chinese furniture industry is achieving continuous growth. The office furniture market in China is driven by updating production technologies and manufacturing different varieties, specialized production methods, and manufacturing.
Intelligent and customized office furniture is expected to drive the growth of the entire office furniture industry. For instance, Aurora China Co. Ltd and other companies have deployed smart office furniture to cater to the new generation's pursuit of office intelligence and personalization.
The popularization of the concept of health among consumers in China is driving the market of ergonomics chairs in the office furniture market of the country. Rising awareness of the environment is driving consumers to look for eco-friendly solutions for office furniture designs.
The increased purchasing power has helped the furniture market to expand significantly. The economy has also started to revive after the COVID-19 pandemic. According to figures from the National Bureau of Statistics, the total business revenue of furniture manufacturers increased by 13.5% in 2021.
China Office Furniture Market Trends
Decrease in Retail sales of furniture in China by month 2021-2022
After decades of development in the furniture industry, China has become the world's largest furniture producer and exporter. Being among the major export goods of China, a significant part of China's furniture products are destined for the global market. In 2021, the total value of Chinese furniture exports amounted to around 73.8 billion U.S. dollars. In December 2022, the retail sales of furniture in China equated to around a 5.8 percent decrease in the revenue generated in the same period of the previous year.
China is the Leading exporting countries of furniture worldwide in 2021
The development of the domestic furniture market is bolstered by increased purchasing power among Chinese customers. Continuously rising incomes in both urban and rural China has raised the living standards for a large share of the Chinese population. Hence, Chinese consumers are willing to spend more on household decorations. As a response, the furniture market in the country has developed into a multi-billion-dollar industry. In 2021, China was the leading furniture exporter to the rest of the world, with an export value of approximately 87 billion U.S. dollars. Poland, ranking second, exported about 15.75 billion U.S. dollars worth of furniture that year
China Office Furniture Industry Overview
The Chinese office furniture market is fragmented and is moving toward a concentration, as the major ten players have almost 15% share in the market. Small firms are getting closed due to high operational costs in the market. The companies are majorly involved in innovations and advancements in the office furniture market by developing smart furniture solutions for consumers in the market. China's office furniture market is experiencing major competition from other Asian and North American manufacturers in the market. The top players in the market are Herman Miller Inc, New Qumun Group, Red Apple Furniture, Zhejiang Huafeng Furniture, and Aurora China Co. Ltd.
China Office Furniture Market Leaders
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Herman Miller, Inc.
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New Qumun Group
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Red Apple Furniture
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Zhejiang Huafeng Furniture
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Aurora China Co. Ltd
*Disclaimer: Major Players sorted in no particular order
China Office Furniture Market News
- February 2023: Herman Miller Presents the Passport Work Table, the Intuitive Height-Adjustable Table Designed to Fit Everywhere. Passport offers a portable, pneumatic table solution for any home or office.
- January 2023: CIFF Guangzhou 2023 reopens its doors to international visitors with a new exhibition concept and layout.CIFF Guangzhou 2023 will take place in two phases, reorganized by the product sector in the new exhibition concept and layout. The first phase, scheduled for March 18-21, is dedicated to the living space. The home furniture sector will showcase the latest home furnishing products from leading Chinese and international companies.
China Office Furniture Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Drivers
4.2 Restraints
4.3 Opportunities
5. MARKET INSIGHTS AND DYNAMICS
5.1 Market Overview
5.2 Market Drivers
5.3 Market Restraints
5.4 Industry Attractiveness - Porter's Five Forces Analysis
5.4.1 Threat of New Entrants
5.4.2 Bargaining Power of Buyers
5.4.3 Bargaining Power of Suppliers
5.4.4 Threat of Substitutes
5.4.5 Intensity of Competitive Rivalry
5.5 Insights on Technological Innovations in the Market
5.6 Insights on Impact of COVID -19 on the market
6. MARKET SEGMENTATION
6.1 By Product
6.1.1 Desk Market
6.1.2 File Cabinet
6.1.3 Office Chair
6.1.4 System Furniture
6.2 By Distribution Channel
6.2.1 Offline
6.2.2 Online
7. COMPETITIVE LANDSCAPE
7.1 Market Competition Overview
7.2 Company Profiles
7.2.1 Herman Miller Inc
7.2.2 New Qumun Group
7.2.3 Red Apple Furniture
7.2.4 Zhejiang Huafeng Furniture
7.2.5 Guangdong Hongye Furniture Manufacturing Co. Ltd
7.2.6 Aurora China Co. Ltd
7.2.7 Dongguan Meishi Furniture Co. Ltd
7.2.8 Shikai Trading Shanghai Co. Ltd
7.2.9 Zhejiang Shengao furniture Manufacturing Co. Ltd
7.2.10 Ubi Soft China Co. Ltd
7.2.11 Jiangmen Jianwei Furniture decoration Co. Ltd
7.2.12 Shenzhen Changjiang Furniture Co. Ltd
7.2.13 Guanmei Furniture Group
7.2.14 Chengfeng Furniture China Co. Ltd
7.2.15 Guangzhou Baili Wenyi Industrial Co. Ltd
- *List Not Exhaustive
8. MARKET OPPORTUNITIES AND FUTURE TRENDS
9. DISCLAIMER AND ABOUT US
China Office Furniture Industry Segmentation
This report aims to provide a detailed analysis of the Chinese office furniture market. It focuses on providing details of market dynamics, market segments, technological trends, and process types. Also, it analyses the major players and the competitive landscape in the Chinese office furniture market. The Office Furniture Market in China is segmented by products (Desk Market, File Cabinet, Office Chair, System Furniture, and Other Products) and by distribution channel (Offline and Online). The report offers market size and forecasts for the China Office Furniture Market in value (USD Million) for all the above segments.
| By Product | |
| Desk Market | |
| File Cabinet | |
| Office Chair | |
| System Furniture |
| By Distribution Channel | |
| Offline | |
| Online |
China Office Furniture Market Research FAQs
How big is the China Office Furniture Market?
The China Office Furniture Market size is expected to reach USD 37.24 billion in 2024 and grow at a CAGR of 7.04% to reach USD 52.32 billion by 2029.
What is the current China Office Furniture Market size?
In 2024, the China Office Furniture Market size is expected to reach USD 37.24 billion.
Who are the key players in China Office Furniture Market?
Herman Miller, Inc., New Qumun Group, Red Apple Furniture, Zhejiang Huafeng Furniture and Aurora China Co. Ltd are the major companies operating in the China Office Furniture Market.
What years does this China Office Furniture Market cover, and what was the market size in 2023?
In 2023, the China Office Furniture Market size was estimated at USD 34.79 billion. The report covers the China Office Furniture Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the China Office Furniture Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
China Office Furniture Industry Report
Statistics for the 2024 China Office Furniture market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. China Office Furniture analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
