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Germany Office Furniture Market Size (2024 - 2029)

The Germany Office Furniture Market is experiencing a stable upward trend, driven by the increasing demand for ergonomic and health-promoting office furniture, particularly office swivel chairs. This demand is fueled by the need for suitable work environments that support new work forms, including the rise of home offices and flexible workplaces. Germany's strong position in the global furniture sector is bolstered by significant export growth, particularly to European countries. The market's expansion is further supported by the impact of digitization on the demand for newly built office workspaces, indicating a positive outlook for the market size in the coming years.

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Market Size of Germany Office Furniture Industry

Germany Office Furniture Market Summary
Study Period 2020 - 2029
Base Year For Estimation 2023
Market Size (2024) USD 2.90 Billion
Market Size (2029) USD 3.29 Billion
CAGR (2024 - 2029) 2.52 %
Market Concentration Low

Major Players

Germany Office Furniture Market Major Players

*Disclaimer: Major Players sorted in no particular order

Germany Office Furniture Market Analysis

The Germany Office Furniture Market size is estimated at USD 2.9 billion in 2024, and is expected to reach USD 3.29 billion by 2029, growing at a CAGR of 2.52% during the forecast period (2024-2029).

In total, the current account surplus will shrink to only USD 151 in current year. Compared with USD 286 bn in pervious year, this is almost half the figure and by far the largest difference over the entire time series. The decline of around USD 135 bn is historically at best comparable with the change in the current account balance after reunification. Germany withstood the devastating economic effects of the COVID-19 pandemic better than any of its EU neighbors.

Germany is a key player in the furniture sector at a world level. The industry is recording a stable upward trend for many years. The main growth drivers here were office swivel chairs for health-promoting seating. The most important reason for this is the support of new work forms through suitable work environments. At the same time, demand for ergonomic equipment for home offices and other workplaces outside of the company locations is increasing. The exports of German office furniture are also on the rise significantly. Sales on the overseas market increased by almost 5.9%, with office swivel chairs for healthy seating among the top product-selling categories.

Demand from Italy, the Benelux nations, and Eastern Europe developed strongly in addition to the primary export markets of France, the Netherlands, Austria, and Switzerland. Home offices and other workplaces outside of corporate buildings increasingly need ergonomic furniture. Industry insiders attribute a significant portion of the sustained high demand for newly built office workspaces to digitization. These factors are projected to stimulate the office furniture market in the following years.

Germany Office Furniture Industry Segmentation

Office furniture means any free-standing furnishing that does not require installation with parts. Examples are desks, chairs, file cabinets, tables, lounge seating, and computer desks. Germany Office Furniture Market is Segmented by Material (Wood, Metal, Plastic, and Other Materials), Product (Meeting Chairs, Lounge Chairs, Swivel Chairs, Office Tables, Storage Cabinets, and Desks), and Distribution Channel (Offline and Online). The Report Offers Market Sizes and Forecasts for the Germany Office Furniture Market in Value (USD) for all the Above Segments.

Material
Wood
Metal
Plastic
Other Materials
Product
Meeting Chairs
Lounge Chairs
Swivel Chairs
Office Tables
Storage Cabinets
Desks
Distribution Channel
Offline
Online
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Germany Office Furniture Market Size Summary

The Germany office furniture market is poised for steady growth, driven by the increasing demand for ergonomic and health-promoting office furniture. This demand is largely fueled by the rise of new work forms and the need for suitable work environments, particularly in home offices and other non-corporate workplaces. The market is characterized by a stable upward trend, with office swivel chairs being a significant contributor due to their popularity in promoting healthy seating. Germany's robust export activity further bolsters the market, with significant sales growth in regions such as Italy, the Benelux countries, and Eastern Europe. The ongoing digitization and the expansion of office spaces in sectors like IT, consulting, retail, and e-commerce are expected to further stimulate market growth.

The market landscape is competitive, with major international players like Vitra, VS, Sedus, Dauphin Group, and Wilkhahn Group dominating the scene. However, technological advancements and product innovations are enabling mid-size and smaller companies to expand their market presence. The growing preference for customized furniture to enhance employee comfort and efficiency is also contributing to market expansion. Strategic partnerships, such as the one between Sedus Stoll AG and Watson Furniture Group, along with new market entries like NORNORM, are indicative of the dynamic nature of the market. As the number of office spaces and employees continues to rise, the Germany office furniture market is expected to maintain its leading position in the global arena.

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Germany Office Furniture Market Size - Table of Contents

  1. 1. MARKET DYNAMICS AND INSIGHTS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

    3. 1.3 Market Restraints

    4. 1.4 Industry Attractiveness - Porter's Five Forces Analysis

      1. 1.4.1 Bargaining Power of Suppliers

      2. 1.4.2 Bargaining Power of Buyers

      3. 1.4.3 Threat of New Entrants

      4. 1.4.4 Threat of Substitutes

      5. 1.4.5 Intensity of Competitive Rivalry

    5. 1.5 Insights of Technology Innovations in the Market

    6. 1.6 Insights on Government Regulations and Industry Policies

    7. 1.7 Impact of COVID-19 on the Market

  2. 2. MARKET SEGMENTATION

    1. 2.1 Material

      1. 2.1.1 Wood

      2. 2.1.2 Metal

      3. 2.1.3 Plastic

      4. 2.1.4 Other Materials

    2. 2.2 Product

      1. 2.2.1 Meeting Chairs

      2. 2.2.2 Lounge Chairs

      3. 2.2.3 Swivel Chairs

      4. 2.2.4 Office Tables

      5. 2.2.5 Storage Cabinets

      6. 2.2.6 Desks

    3. 2.3 Distribution Channel

      1. 2.3.1 Offline

      2. 2.3.2 Online

Germany Office Furniture Market Size FAQs

The Germany Office Furniture Market size is expected to reach USD 2.90 billion in 2024 and grow at a CAGR of 2.52% to reach USD 3.29 billion by 2029.

In 2024, the Germany Office Furniture Market size is expected to reach USD 2.90 billion.

Germany Office Furniture Market Report Snapshots

Germany Office Furniture Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)