Office Furniture Market Global Research and Analysis 2020

RnRMarketResearch.com adds new report Global Office Furniture Market 2016-2020.

The office furniture market report considers the revenue generated from the sales of office furniture including furniture used in public, private, and government-owned companies. It does not include products used in hospitals, educational institutions, and restaurants. The report covers the present scenario and the growth prospects of the global office furniture market for 2016-2020.

Complete report available on http://www.rnrmarketresearch.com/global-office-furniture-market-2016-2020-market-report.html

The analysts forecast the global office furniture market to grow at a CAGR of 5.54% during the period 2016-2020. Multinational companies are expanding their businesses worldwide into new cities and countries and the corporate sector is realizing ever-increasing profits. In a bid to make these office spaces more employee-friendly and comfortable to work in, employers are using innovative furniture and design concepts. The rising number of employees also necessitates higher investment in office furniture. Manufacturers in the office furniture industry are cognizant of the evolving trends in the market and are developing ergonomic and eco-friendly products to cater to these requirements.

The market is driven primarily by the booming real estate sector, rising population, and an increase in the number of single-family households, particularly in urban areas. The growing demand for premium and luxury furniture in the latest styles and designs will also drive revenue growth over the next five years. Demand for eco-friendly furniture is also growing.

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The market is divided into the following segments based on geography:

APAC

Europe

North America

ROW

The report, Global Office Furniture Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry...