Home Office Desk Market
Home Office Desk Market Global Industry Assessment & Forecast
- By Product Type Seating, Tables, Storage Units & File Cabinets, Others
- By Material Type Wood, Metal, Plastic
- By Price Range Low, Medium, High
- By Supermarkets & Hypermarkets, Specialty Stores, E-commerce, Others
|Forecast Years:||2022 - 2028|
|Historical Years:||2016 - 2021|
|Revenue 2021:||3,031.6 Million|
|Revenue 2028:||5865.57 Million|
|Revenue CAGR (2022 - 2028):||8.6|
|Fastest Growing Region (2022 - 2028)||North America|
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
The global Home Office Desk market was valued at USD 3,031.6 Million in 2020 and is projected to reach USD 5865.57 Million by 2028, growing at a CAGR of 8.6% from 2021 to 2028.
|Historical Data (Actual Data)||2016-2020|
|Base Year Data||2020|
|Current Year Date||2021|
|Projected year data||2021-2028|
|Annual Market Size (2028)||5865.57 Million|
|Annual Market Size (2021)|
|CAGR (2021 - 2028)||8.6%|
Overview and Description
The home office furniture market consists of sales of office furniture products by entities (organizations, sole traders, or partnerships) that manufacture furniture for office space at home.These are utilized for various purposes, like for people who are working from home, families that are working on house budgets, with this by kids also to do their work.
This report provides an analysis of the Home Office Desk market for the historic period of 2016–2019 and forecasts for 2021–2028 while 2020 is considered as a base year for estimations. The report includes exhaustive analysis of segments, regions and countries comprising of market size and estimations in terms of revenue for the years 2016–2028. There regional section of the report is bifurcated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Moreover, the report also covers exhaustive information on growth factors/drivers, restraints, opportunities, regulatory landscape and technology roadmap among others. Moreover, the report also includes exhaustive SWOT analysis, PEST analysis, value chain analysis, and Porter’s five forces analysis on Home Office Desk market. This data is likely to help the industry stakeholders and stimulate the decision-making process.
COVID-19 Impact Analysis
The COVID-19 outbreak has affected various industries worldwide. The Home Office Desk market is no exception. Governments across the world took severe actions like border seals, lockdown, and implementing strict social distancing measures, in order to stop swift spread of COVID-19. These actions led to severe impact on the global economy. Industrialist across the globe were forced to halt their production, leading to supply chain disruptions and impairing of various industries. However, it is expected that reopening of trade activities, the market will witness steady growth in demand in the coming years. The impact of COVID-19 on the market demand is considered while estimating the current and forecast market size and growth trends for all the regions and countries.
The report provides a completely separate chapter for COVID-19 Impact Analysis. This chapter includes:
o Impact Assessment of COVID-19 Pandemic
o Pre & Post COVID-19 Market Size
o Qualitative analysis on the short term & long-term impact of COVID-19 on the market
o The analysis provides foremost strategies adopted by competitors to minimize the impact of the pandemic on their business activities and scope for future developments.
The increasing entrepreneurship and work from home trend is anticipated to augment the growth of the home office desk market over the forecast period.
The increasing urbanization and industrialization is further expected to fuel the growth of the market in the years to come.
The rise in raw material prices and environmental restriction associated with deforestation are expected to hamper the growth of the market over the forecast period.
Global Home Office Desk Market Report Scope
|Market Size Provided for Years||2016-2028|
|Market Size Provided In Terms Of||Revenue & Volume|
|Segments Covered||Product Type, Material Type, Price Range|
|Regions Covered||North America, Europe, Asia Pacific, Latin America, and Middle East & Africa|
|Countries Covered||The U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, South East Asia, Brazil, Argentina, GCC Countries, and South Africa, among others|
|Companies Covered||West Elm, CB2, Bluelounge, Apt2B, FLOYD, IKEA, Tribesigns, Herman Miller, Blu Dot, Jarvis Bamboo, Article.|
|Report Coverage||Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market attractiveness analysis by segments and North America, company market share analysis, and COVID-19 impact analysis|
The report delivers an acute breakdown of the market based on various segments such as Product Type, Material Type, Price Range, and region. The report includes market size and forecast for each segment by region/country for the years 2016–2028. Moreover, it also covers a thorough analysis of growth factors and opportunities impacting segmental growth.
On the basis of Product Type, the market is divided into Seating, Tables, Storage Units & File Cabinets, Others. Tables and Seating dominated the global Home Office Desk market in 2020 and is projected to witness the same trend during the forecast period.
Based on Material Type, the market is segmented into Wood, Metal, Plastic. Wood accounted for the highest market share and is expected to grow at a significant CAGR from 2021 to 2028.
Global Home Office Desk Market: Product Type Segment Analysis
- Storage Units & File Cabinets
Global Home Office Desk Market: Material Type Segment Analysis
Global Home Office Desk Market: Price Range Segment Analysis
Regional Analysis: Preview
Based on the geography, the global Home Office Desk market is segmented into North America, Latin America, Asia Pacific, Europe, and the Middle East & Africa. Moreover, the regional sections if further bifurcated into key country level markets for better understanding of the market.
The report covers detailed analysis on drivers, business opportunities, regulatory norms, supplier concertation and such other factors impacting regional growth. Moreover, it also covers market estimations and forecast for each segment for each region for the years 2016–2028.
Market Size, 2021 (USD Billion)
Global Home Office Desk Market: Regional Analysis
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- GCC Countries
- South Africa
- Rest of MEA
The global Home Office Desk market report provides an exhaustive competitive landscape to give a comprehensive synopsis of the global market. Major players in the Home Office Desk market are West Elm, CB2, Bluelounge, Apt2B, FLOYD, IKEA, Tribesigns, Herman Miller, Blu Dot, Jarvis Bamboo, Article.. This section of the report provides in depth analysis on key market players based on various parameters such as business overview, portfolio analysis, business strategies, financial performance, geographical presence, and recent developments among others. It will also include information on key strategies adopted by major market players.
Global Home Office Desk Market: Key Highlights
- The global Home Office Desk market was valued at USD 3,031.6 Million in 2020
- The global Home Office Desk Market is projected to reach USD 5865.57 Million by 2028
- North America held the highest share of the Home Office Desk market in 2020
- Some of the major companies operating in the Home Office Desk market are West Elm, CB2, Bluelounge, Apt2B, FLOYD, IKEA, Tribesigns, Herman Miller, Blu Dot, Jarvis Bamboo, Article.
Frequently Asked Question
The global Home Office Desk valued at 3,031.6 Million in 2020 and is expected to reach 5865.57 Million in 2028 growing at a CAGR of 8.6%.
The prominent players in the market are West Elm, CB2, Bluelounge, Apt2B, FLOYD, IKEA, Tribesigns, Herman Miller, Blu Dot, Jarvis Bamboo, Article..
The market is project to grow at a CAGR of 8.6% between 2021 and 2028.
The driving factors of the Home Office Desk include
- The increasing entrepreneurship and work from home trend is anticipated to augment the growth of the home office desk market over the forecast period.
- The increasing urbanization and industrialization is further expected to fuel the growth of the market in the years to come.
North America was the leading regional segment of the Home Office Desk in 2020.