Market Size of United States Home Office Furniture Industry
Study Period | 2019 - 2028 |
Base Year For Estimation | 2021 |
Market Size (2023) | USD 5.89 Billion |
Market Size (2028) | USD 7.28 Billion |
CAGR (2023 - 2028) | 4.35 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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US Home Office Furniture Market Analysis
The United States Home Office Furniture Market size is expected to grow from USD 5.89 billion in 2023 to USD 7.28 billion by 2028, at a CAGR of 4.35% during the forecast period (2023-2028).
Home Office Furniture plays an important role in today's family and works environment. They serve a variety of purposes, such as kids doing school projects, families working on a home budget or researching online, and people working from home in the office. The rise in the number of people working from home /remote places is driving the demand for home office furniture's category for various retailers and manufacturers alike. Smart, comfortable, and flexible furniture design are attracting customers with easy and fast delivery options. Ergonomics in furniture with multiple functions and designs that blend well with interiors are some of the trends in the market. Desks with innovations in technology such as adjustable sit and stand functions, wireless charging tables, chairs, and shelving units are major selling points. Workers not only need a comfortable place to relax as they work. They also need to have items that they can make any client feel at the office once in their homes. These are some of the reasons that home office furniture to see a growth in the forecast period.