Market Size of China Office Furniture Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
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 is expected to register a CAGR of 7.04% during the forecast period.
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 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 Size Summary
The China office furniture market is poised for significant growth, driven by advancements in production technologies and the demand for intelligent and customized solutions. As one of the largest producers and exporters globally, China's furniture industry is experiencing continuous expansion. The market is increasingly influenced by consumer preferences for ergonomic and eco-friendly designs, reflecting a growing awareness of health and environmental sustainability. The revival of the economy post-COVID-19 and increased purchasing power among Chinese consumers have further fueled the market's growth, transforming it into a multi-billion-dollar industry. The market landscape is characterized by a shift towards concentration, with major players like Herman Miller Inc, New Qumun Group, and Aurora China Co. Ltd leading innovations in smart furniture solutions.
Despite the competitive environment, the Chinese office furniture market faces challenges from high operational costs, leading to the closure of smaller firms. However, the top players continue to dominate by focusing on product advancements and catering to the evolving needs of consumers. The market's fragmentation is gradually decreasing as larger companies consolidate their presence. International events like CIFF Guangzhou 2023 highlight the global interest in Chinese furniture, showcasing the latest innovations and reinforcing China's position as a leading furniture exporter. The market's growth trajectory is supported by the increasing demand for versatile and adaptable office solutions, such as Herman Miller's Passport Work Table, which exemplifies the trend towards intuitive and space-efficient designs.
China Office Furniture Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Drivers
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1.2 Restraints
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1.3 Opportunities
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2. MARKET SEGMENTATION
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2.1 By Product
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2.1.1 Desk Market
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2.1.2 File Cabinet
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2.1.3 Office Chair
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2.1.4 System Furniture
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2.2 By Distribution Channel
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2.2.1 Offline
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2.2.2 Online
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China Office Furniture Market Size FAQs
What is the current China Office Furniture Market size?
The China Office Furniture Market is projected to register a CAGR of 7.04% during the forecast period (2024-2029)
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.