Desks & Chairs - APAC
APAC- Revenue in the Desks & Chairs market is projected to reach US$****bn in ****, reflecting a robust growth trajectory with an anticipated annual increase of ****% (CAGR *********).
- In a global context, the majority of revenue within this sector is generated by United States, contributing US$*****bn in ****, underscoring its dominant position in the market.
- When considering the overall population, the per capita revenue stands at US$**** in ****, highlighting the economic engagement of individuals within this market.
- Key regions:
- Germany,
- United Kingdom,
- Brazil,
- China,
- Denmark
Definition:
A comfortable chair that provides comfortable seating as well as a desk with space for documents and a desktop computer or laptop are essential for the office environment. This market includes swivel seats, office stools, and office desks. However, furniture such as dining chairs, tables, and sofas which are not specifically used for work are excluded from this market.
Additional Information:
The Desks & Chairs market consists of revenue and average revenue per capita data. Per capita figures refer to the whole population. This market only includes business-to-consumer (B2C) sales. Business-to-business (B2B) sales (e.g., furniture for coffee shops, offices, etc.) are not included in the figures shown. For more information on the displayed data, click on the info button to the right of each box. In terms of key players in the Furniture market, IKEA is the leading furniture company, but with the rise of e-commerce, players such as Wayfair are gaining ground.
- Office chairs and swivel seats
- Office desks and tables
- Office stools
- Lamps and lighting
- Dining and bar tables
- Sofas and dining chairs
- Cushions and chair coverings
Revenue
Sales Channels
Global Comparison
Methodology
Data coverage:
Data encompasses B2C enterprises. Figures are based on home furnishings and furniture found in every room of the home. This market is segmented by the room where the furniture is likely to be used and consists of the following: Living Room, Bedroom, Kitchen and Dining room, Bathroom, Outdoor, and Home Office. The Furniture market also includes Lamps and Lighting and Home Decor because the furnishings and accessories within these segments are not specific to any room.Modeling approach / Market size:
Market sizes are determined by a top-down approach, based on a specific rationale for each market segment. As a basis for evaluating markets, we use national statistical offices, international institutions, in-house market research, and resources from the Statista platform. Next we use relevant key market indicators and data from country-specific associations such as consumer spending and GDP. This data helps us to estimate the market size for each country individually.Forecasts:
In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, exponential trend smoothing is well suited for forecasting the Furniture market with a projected steady growth. The main drivers are furniture and furnishings, carpets and other floor coverings, and consumer spending per capita.Additional Notes:
The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.Get in touch with us for additional information
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