Market Size of South Korea Office Furniture Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 691.20 Million |
| Market Size (2029) | USD 806.75 Million |
| CAGR (2024 - 2029) | 3.14 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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South Korea Office Furniture Market Analysis
The South Korea Office Furniture Market size is estimated at USD 691.20 million in 2024, and is expected to reach USD 806.75 million by 2029, growing at a CAGR of 3.14% during the forecast period (2024-2029).
The South Korean office furniture market is expected to experience growth in the foreseeable future, driven by factors such as an increase in the number of start-ups and home offices and a heightened focus on employee health and well-being. Office furniture encompasses a variety of items such as desks, office chairs, storage cabinets, and other furnishings commonly found in work environments.
The office furniture market in South Korea is growing steadily, driven by increasing demand for ergonomic and aesthetically pleasing office furniture, the expansion of commercial office spaces, and a focus on creating modern work environments. South Korea's office furniture market is also influenced by smart office solutions and sustainability trends, with companies seeking eco-friendly and energy-efficient furniture options. Additionally, the rise of remote work and the need for home office furniture have fueled the demand for innovative and functional office furniture in South Korea.
