Office Chair Market

Global Office Chairs Market Outlook

The global office chairs market is estimated at USD 13.4 Bn in 2022 and is projected to reach USD 22.4 Bn by 2032, growing at a CAGR of 5.1% from 2022 to 2032.

Monumental increase in number of people joining workforce, prevalence of health concerns due to long working hours and consumer willingness to spend on office furniture for comfort is expected to propel the demand for ergonomic office chairs during the assessment year. The office chairs market accounts for 7% of total office furniture market in 2022 and is expected to surge as people revive their work from office when the fear of infection diminishes. The office chairs market is expected to gain an absolute $ opportunity of USD 8.9 Bn during the assessment period 2022-2032.

An office chair is designed specifically for use at a desk in an office. It is typically a rotating chair with a set of wheels that increase mobility and has a knob for adjusting height according to consumer needs. Office chairs provide higher comfort and convenience to workers and so consumers' inclination towards custom made office chairs is expected to result in an increase in demand during assessment period.

Working professionals spend maximum time of the day glued to their chair using their laptops. Sitting all day can be harmful for health and can increase the risk of blood pressure and spinal cord injury. Owing to these factors, demand for office chairs which promise extra comfort is expected to rise during the assessment year. Manufacturers are offering chairs made from high-density foam for proper comfort in different fabrics like leather and mesh which is expected to cater for wider range of consumer needs.

Report Attributes	Details
Base Year Value (2021A)	USD 12.8 Bn
Estimated Year Value (2022E)	USD 13.4 Bn
Projected Year Value (2032F)	USD 22.4 Bn
Value CAGR (2022-2032)	5.1%
Collective Value Share (US, UK, India) 2022: Top 3 Countries	31%
Key Companies Profiled	TOPSTAR GMBH Kimball Office Bristol UB Office Systems Haworth Inc. HNI Corporation OKAMURA CORPORATION UE Furniture Co., Ltd. PSI Seating Ltd. Steelcase Herman Miller

2017-2021 Global Office Chairs Market Outlook in Comparison to 2022-2032 Growth Forecast

Many developments are taking place in the office furniture segment, multi-functionality furniture is a huge trend that ensures optimal use of furniture to enhance employee productivity. Manufacturers are focusing on developing smart office furniture, such as a mesh office chair which comes with many modifiable features to ensure that an individual is always seated in the right posture.

Easily adjustable backrest enables the user to fine-tune the chair according to his body type and sitting posture to ensure he is comfortable sitting on it and does not suffer from body ache. Owing to the availability of such chairs in the market, the demand for office chairs is expected to rise in near future.

The type of chairs people use can affect health of an individual in long term. A properly constructed chair is expected to offer spinal support to avoid wrong body posture. Ergonomically designed chairs which support body pressure that falls directly on hips, ensure proper blood circulation throughout the body, which is often restricted when an individual sits in an upright position. As a result, sale of ergonomically designed chairs is expected to rise in the market.

They are available in different shapes and sizes and can be adjusted according to varying body types and sizes. In order to guarantee safer workplaces to employees, companies are ready to splurge on smart chairs that are expected to minimize back, neck pain due to extended hours of work. This in turn is expected to rise the demand for office chairs by multitude.

Consumers are increase preferring brands that are sustainable and generate low carbon footprint. Various companies are coming up with eco-friendly chairs that source recyclable material to produce chairs.

For instance :

• Herman Miller’s Mirra is a green office chair which can be customized according to consumer requirement. It is produced using 46% recycled material. Mirra is 22 % lighter and has low carbon footprint. Its design is inspired by a running shoe which offers quick support with the slightest movement.

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.

For instance :

• Herman Millers office chair “Cosm” was awarded “100 Best invention in 2019”, by Times Magazine. The chair comes with an instruction manual that provides detail insight about its products features like auto harmonic tilt, intercept suspension and flexible frame that adapts to the consumer's body types. These chairs are available in 3 different sizes and colours and can be personalized to match with already established office furniture.

Restraining Factors of Office Chairs Market

Office chairs are normally manufactured in bulk and transported to showrooms for sale, rising shipping costs is resulting in high cost to consumers which is the key restraining factor of the office chairs industry. Another restraining factor is the fluctuating prices of raw material which can result in the unavailability of products in market.

Impact of COVID-19 on the Office Chairs Market

Covid-19 affected the office chairs market adversely as governments declared complete lockdown and people were confined to their home. The pandemic also disrupted entire supply chain. Many manufacturing units were closed due to scarcity of skilled labor, and raw materials which has a negative impact on the market. Closure of furniture showrooms further affected the in-store sale of office chairs.

But as the economy bounces back and people return to office for work, demand for ergonomically designed chairs is expected to rise. Companies are likely to invest in ergonomically designed chairs that offer higher comfort to employees and boost their productivity.

Consumers increasingly relied on online sales channel to purchase products from safety of their home to avoid any kind of infections. As a result, online sales contributed to 70% revenue generation during pandemic.

Country-wise Insights

What is the market scenario of office chairs in US?

North America is predicted to be the market leader in terms of value generation in the office chairs market attributing to countries such as US and Canada. Manufacturers in the regional market are offering innovative chairs and brands are investing in developing technology wherein chairs can be adjusted according to different body types.

What is driving the Asia-Pacific office chairs market?

Asia-Pacific is expected to hold considerable share in global office chairs market. The rising commercial infrastructure and organizations willing to spend on premium office furniture products for employee comfort promise positive growth in demand. Additionally, many companies are acquiring e-commerce companies to ensure easy availability of products in the market which is expected to boost the demand for office chairs in 2021.

Category-wise Insights

Which type of chairs are expected to be in demand during 2022 in the office chairs industry?

Ergonomic chairs are expected to account for maximum share due to heightened consumer awareness towards health and benefits of using ergonomics chairs like posture support, reduced back and neck pain, relieved hip pressure, improved blood circulation. Consumers are willing to spend on office chairs that perform multiple functions to consumer effectiveness at the workplace. The sale of office chairs is expected to generate up to 55% revenue from product type segment.

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.

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, Global Office Chairs Market is segmented as:

  • Executive Office Chairs
  • Ergonomic Chairs
  • Conference Chairs

• By Material, Global Office Chairs Market is segmented as:

  • Mesh Office Chairs
  • Lather Office Chairs
  • Plastic Office Chairs
  • Fabric Office Chairs

• By Sales Channel, Global Office Chairs Market is segmented as:

  • Offline Channel
    • Independent Furniture Stores
    • Franchised Furniture Stores
    • Modern Trade
    • Furniture Retail Chains
    • Brand Outlets
  • Online Channel
    • Company Website
    • E-Commerce