Market Size of Europe Office Furniture Industry
Study Period | 2020 - 2029 |
Market Size (2024) | USD 12.17 Billion |
Market Size (2029) | USD 19.41 Billion |
CAGR (2024 - 2029) | 9.78 % |
Fastest Growing Market | Europe |
Largest Market | Asia |
Major Players*Disclaimer: Major Players sorted in no particular order |
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European Office Furniture Market Analysis
The Europe Office Furniture Market size is estimated at USD 12.17 billion in 2024, and is expected to reach USD 19.41 billion by 2029, growing at a CAGR of 9.78% during the forecast period (2024-2029).
The European office furniture industry deals with design, manufacturing, and distribution, especially for office spaces. It consists of various types of furniture, such as desks, chairs, storage units, and conference tables. The European office furniture sector comprises multinational corporations and small and medium-sized enterprises.
Factors such as increasing commercial projects, rising focus on workplace ergonomics, and the growing trend of the remote working environment contribute to the market growth in Europe. There is a rising awareness among businesses regarding the importance of ergonomic furniture to promote employee health and productivity. Therefore, increased demand for ergonomic furniture increased the growth of the office furniture industry in Europe.
The rising growth of e-commerce platforms in Europe significantly contributed to the market's growth. Online platforms provide users with convenience, a wide product range, and attractive pricing, which increases consumers' online shopping rate and boosts the development of the European office furniture industry.