Germany Office Furniture Market Growth, Size, Trends, Share, Revenue, Scope and Future Outlook
Germany Office Furniture Market Size- By Material, By Product, By Distribution Channel- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Jul-2024 | Report ID: FMCG24143 | Pages: 1 - 106 | Formats*: |
| Category : Consumer & Retail | |||
Germany Office Furniture Market Introduction and Overview
According to SPER Market Research, the Germany Office Furniture Market is estimated to reach USD 3.67 billion by 2033 with a CAGR 2.8%.
The report includes an in-depth analysis of the Germany Office Furniture Market, including market size and trends, product mix, distribution channels, and supplier analysis. A broad variety of products are included in the office furniture market, such as tables and chairs, desks, filing cabinets, lounge furniture, computer desks, and different kinds of furniture for commercial spaces including hospitals, schools, gyms, and remote working settings. Office furniture is becoming more and more integrated with advanced technologies and interactive environments, using sensors to improve usability and customer experience.
- May 2023: Watson Furniture Group, located in the US, and Sedus Stoll AG, a massive office furniture company with headquarters in Germany, have announced a new worldwide alliance. The international alliance is the next natural step in their companies' growth. A great starting point for strategic collaboration is shared values, comparable market plans, and manufacturing and technological expertise.
- In July 2022, ANDREU WORLD inaugurated a new showroom in Germany, showcasing their latest products in one area. The objects were designed by some of the most well-known designers in the world, including Patricia Urquiola, Philippe Starck, Alfredo Häberli, Jasper Morrison, and Benjamin Hubert.
Market Opportunities and Challenges
Opportunities: In the global furniture market, Germany is a major participant. For many years, the industry has shown a consistent increasing tendency. Office swivel chairs for healthy seating were the primary development drivers here. The support of new job forms through appropriate work settings is the primary cause of this. Concurrently, there's a growing need for ergonomic office supplies for remote work and other non-company sites. Additionally, there has been a notable increase in German office furniture exports. Office swivel chairs for healthy seating were among the best-selling product categories, contributing to a 5.9% increase in sales on the international market. Furthermore, the growth of international corporations, as well as the construction of corporate offices, IT parks, and commercial complexes throughout many nations, have resulted in a notable surge in the office furniture market. In the US, where welcoming government policies have drawn international players, like Steelcase, into the market, this trend is especially apparent.
Challenges: The fluctuating pricing of raw materials present sellers with serious difficulties in the office furniture market. The cost of both specialized materials like polypropylene and raw components like wood, steel, fabrics, plastics, and cartons has increased significantly. Production of updated office furniture, such as tables, seats, and storage options for homes, offices in IT parks, commercial complexes, and corporate offices, is impacted by this trend.
Market Competitive Landscape
The study includes the main foreign companies that are involved in the German office furniture market. Currently, a few of the top players hold a majority of the market share. Nonetheless, mid-size to smaller businesses are expanding their market presence by landing new contracts and breaking into untapped sectors thanks to product innovation and technology improvement. VS, Vitra, Sedus, Dauphin Group, Wilkhahn Group, and other significant players are among them.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Material, By Product, By Distribution Channel |
| Regions covered | Eastern, Western, Southern, Northern. |
| Companies Covered | Assmann Buromobel, Brunner Group, Dauphin Group, Interstuhl, Palmberg GmbH, Sedus, Topstar GmbH, Vitra, VS, Wilkhahn Group, Others. |
COVID-19 Impact on Germany Office Furniture Market
Germany's office furniture market has been greatly affected by the COVID-19 pandemic, which has altered supply and demand dynamics. Businesses drastically changed the typical office design as they quickly adopted remote work arrangements to protect employee safety. Due to businesses pausing or canceling office expansions and renovations, there was a decrease in the immediate demand for office furniture as a result of this abrupt change. Moreover, many firms decided to wait and watch rather than making an investment in new office furnishings due to the uncertainty surrounding the duration and intensity of the pandemic.
Key Target Audience:
- Corporates
- Small & Medium Enterprises (SMEs)
- Government Offices
- Educational Institutions
- Healthcare Facilities
Our in-depth analysis of the Germany Office Furniture Market includes the following segments:
| By Material: | |
| By Product: | |
| By Distribution Channel: |
Key Topics Covered in the Report:
- Germany Office Furniture Market Size (FY’2024-FY’2033)
- Overview of Germany Office Furniture Market
- Segmentation of Germany Office Furniture Market By Material (Wood, Metal, Plastic, Others)
- Segmentation of Germany Office Furniture Market By Product (Meeting Chairs, Lounge Chairs, Swivel Chairs, Office Tables, Storage Cabinets, Desks)
- Segmentation of Germany Office Furniture Market By Distribution Channel (Offline, Online)
- Statistical Snap of Germany Office Furniture Market
- Expansion Analysis of Germany Office Furniture Market
- Problems and Obstacles in Germany Office Furniture Market
- Competitive Landscape in the Germany Office Furniture Market
- Impact of COVID-19 and Demonetization on Germany Office Furniture Market
- Details on Current Investment in Germany Office Furniture Market
- Competitive Analysis of Germany Office Furniture Market
- Prominent Players in the Germany Office Furniture Market
- SWOT Analysis of Germany Office Furniture Market
- Germany Office Furniture Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges
4.2. COVID-19 Impacts of the Germany Office Furniture Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Germany Office Furniture Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Germany Office Furniture Market
7. Germany Office Furniture Market, By Material (USD Million) 2020-2033
7.1. Germany Office Furniture Market Size, Share and Forecast, By Material, 2020-20267.2. Germany Office Furniture Market Size, Share and Forecast, By Material, 2027-20337.3. Wood7.4. Metal7.5. Plastic7.6. Others
8. Germany Office Furniture Market, By Product (USD Million) 2020-2033
8.1. Germany Office Furniture Market Size, Share and Forecast, By Product, 2020-20268.2. Germany Office Furniture Market Size, Share and Forecast, By Product, 2027-20338.3. Meeting Chairs8.4. Lounge Chairs8.5. Swivel Chairs8.6. Office Tables8.7. Storage Cabinets8.8. Desks
9. Germany Office Furniture Market, By Distribution Channel (USD Million) 2020-2033
9.1. Germany Office Furniture Market Size, Share and Forecast, By Distribution Channel, 2020-20269.2. Germany Office Furniture Market Size, Share and Forecast, By Distribution Channel, 2027-20339.3. Offline9.4. Online
10. Germany Office Furniture Market Forecast, 2020-2033 (USD Million)
10.1. Germany Office Furniture Market Size and Market Share
11. Germany Office Furniture Market, By Region, 2020-2033 (USD Million)
11.1. Germany Office Furniture Market Size and Market Share By Region (2020-2026)11.2. Germany Office Furniture Market Size and Market Share By Region (2027-2033)11.3. Eastern11.4. Western11.5. Southern11.6. Northern
12. Company Profile
12.1. Assmann Buromobel
12.1.1. Company details12.1.2. Financial outlook12.1.3. Product summary12.1.4. Recent developments
12.2. Brunner Group
12.2.1. Company details12.2.2. Financial outlook12.2.3. Product summary12.2.4. Recent developments
12.3. Dauphin Group
12.3.1. Company details12.3.2. Financial outlook12.3.3. Product summary12.3.4. Recent developments
12.4. Interstuhl
12.4.1. Company details12.4.2. Financial outlook12.4.3. Product summary12.4.4. Recent developments
12.5. Palmberg GmbH
12.5.1. Company details12.5.2. Financial outlook12.5.3. Product summary12.5.4. Recent developments
12.6. Sedus
12.6.1. Company details12.6.2. Financial outlook12.6.3. Product summary12.6.4. Recent developments
12.7. Topstar GmbH
12.7.1. Company details12.7.2. Financial outlook12.7.3. Product summary12.7.4. Recent developments
12.8. Vitra
12.8.1. Company details12.8.2. Financial outlook12.8.3. Product summary12.8.4. Recent developments
12.9. VS
12.9.1. Company details12.9.2. Financial outlook12.9.3. Product summary12.9.4. Recent developments
12.10. Wilkhahn Group
12.10.1. Company details12.10.2. Financial outlook12.10.3. Product summary12.10.4. Recent developments
12.11. Others
13. Conclusion
14. List of Abbreviations
15. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Germany Office Furniture Market is projected to reach USD 3.67 billion by 2033, growing at a CAGR of 2.8% during the forecast period.
Germany Office Furniture Market grew in Market size from 2024. The Market is expected to reach USD 3.67 billion by 2033, at a CAGR of 2.8% during the forecast period.
Germany Office Furniture Market CAGR of 2.8% during the forecast period.
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Germany Office Furniture Market size is USD 3.67 billion from 2024 to 2033.
Germany Office Furniture Market is covered By Material, By Product, By Distribution Channel.
The Europe is anticipated to have the highest Market share in the Germany Office Furniture Market.
The key players in the Market include Companies Covered Assmann Buromobel, Brunner Group, Dauphin Group, Interstuhl, Palmberg GmbH, Sedus, Topstar GmbH, Vitra, VS, Wilkhahn Group, Others.
A broad variety of products are included in the office furniture market, such as tables and chairs, desks, filing cabinets, lounge furniture, computer desks, and different kinds of furniture for commercial spaces including hospitals, schools, gyms, and remote working settings.
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