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Valuation of Office Chairs Is Growing At A Rate Of 5.1% By 2032

The market for office chairs is expected to reach USD 22.4 Billion by 2032, rising at a CAGR of 5.1% between 2022 and 2032, from an estimated value of USD 13.4 Billion in 2022.During the assessment year, it is anticipated that a significant rise in the number of individuals entering the workforce, the prevalence of health issues related to long workdays, and consumer willingness to spend on comfortable office furniture will drive demand for ergonomic office chairs. The market for office chairs, which will make up 7% of all office furniture in 2022, is anticipated to grow when people resume working from their offices once their concern over infection fades.

The demand for office chairs has been steadily increasing over the years as more and more people are shifting to working remotely and setting up home offices. This has driven up demand for all kinds of office furniture, including office chairs. People want comfortable and ergonomic office chairs that will support their posture and keep them comfortable when they are working for long hours. Additionally, with more people spending longer hours at home and in offices, ergonomic chairs are becoming more popular as they help reduce the strain on the body while working. 

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Key Companies

  • Kimball Office
  • Bristol
  • UB Office Systems
  • Haworth Inc.
  • HNI Corporation
  • UE Furniture Co., Ltd.
  • PSI Seating Ltd.
  • Steelcase
  • Herman Miller

Competitive Landscape

Office chairs manufacturers are exploring new and innovative designs focusing on ease of use to end-consumers. Key manufacturers are acquiring e-commerce operators to enhance their market presence and expand their operations via online channels.

For instance :

  • November 2020, Kimball International to acquire Poppin, Inc., a digitally powered commercial furniture company, as part of companies’ e-Business strategy to expand brand reach and launch new products across different verticals.
  • December 2021, HNI Corporation completed acquisition of Design Public Group a digital organization with capabilities that will help to accelerate companies’ digital footprint. This platform is expected to support companies numerous digital and e-commerce initiatives to reach out to a border range of consumers in the market.

Global Office Chairs Market by Category

  • By Product Type:
    • Executive Office Chairs
    • Ergonomic Chairs
    • Conference Chairs
  • By Material:
    • Mesh Office Chairs
    • Lather Office Chairs
    • Plastic Office Chairs
    • Fabric Office Chairs
  • By Sales Channel:
    • Offline Channel
      • Independent Furniture Stores
      • Franchised Furniture Stores
      • Modern Trade
      • Furniture Retail Chains
      • Brand Outlets
    • Online Channel
      • Company Website
      • E-Commerce

Which sales channel contributes maximum to revenue generation during assessment period?

Consumers opted for purchasing products online to avoid gathering and spread of infection. Easy availability of different office chairs brands and numerous discount offers improved the sale of office chairs through online sales channels. Brands are focusing on using artificial intelligence and machine learning capabilities in their website to offer enhanced visual experience and offer customized product list to consumer according to past consumer purchases.

Office Chairs Market Gaining Traction in the Industry

Availability of chairs with different features such as in-built temperature control, back massager, adjustable knobs, padded backrest, armrest and lumbar support are expected to drive the demand of office chairs in the market. Brands have developed diverse product portfolio of multi-functional chairs to provide to added relief to consumers.

People started to work from home in order to curb the spread of covid-19.Many people developed their own work stations to work comfortably for extended hours. This in turn increased the demand for office chairs in the market. As few companies continue to operate from home the demand for office chairs is expected to rise.

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