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Home Office Furniture Market Size, Growth Potential And Forecast To 2032 - By The Business Research Company

Retrieved on: 
Monday, July 24, 2023

LONDON, July 24, 2023 /PRNewswire/ -- As per The Business Research Company's Home Office Furniture Global Market Report 2023, the global home office furniture market size will grow fromĀ $28.6 billion in 2022 to $31 billion in 2023 at a compound annual growth rate (CAGR) of more than 8%. The home office furniture market size is then expected to grow to $42 billion in 2027 at a CAGR of more than 7%. The market is expected to grow due to factors such as the increasing office spaces, growth of construction industry, growth in freelancing and rising urbanization.

Key Points: 
  • The home office furniture market size is then expected to grow to $42 billion in 2027 at a CAGR of more than 7%.
  • The global home office furniture market is highly fragmented, with a large number of small players in the market.
  • Sustainable furniture is shaping the home office furniture market .
  • According to the home office furniture market analysis, North America was the largest region in the home office furniture market and was worth $11.2 billion in 2022.

Home Office Furniture Market Size, Growth Potential And Forecast To 2032 - By The Business Research Company

Retrieved on: 
Monday, July 24, 2023

LONDON, July 24, 2023 /PRNewswire/ -- As per The Business Research Company's Home Office Furniture Global Market Report 2023, the global home office furniture market size will grow fromĀ $28.6 billion in 2022 to $31 billion in 2023 at a compound annual growth rate (CAGR) of more than 8%. The home office furniture market size is then expected to grow to $42 billion in 2027 at a CAGR of more than 7%. The market is expected to grow due to factors such as the increasing office spaces, growth of construction industry, growth in freelancing and rising urbanization.

Key Points: 
  • The home office furniture market size is then expected to grow to $42 billion in 2027 at a CAGR of more than 7%.
  • The global home office furniture market is highly fragmented, with a large number of small players in the market.
  • Sustainable furniture is shaping the home office furniture market .
  • According to the home office furniture market analysis, North America was the largest region in the home office furniture market and was worth $11.2 billion in 2022.