According to a new market research report published by Credence Research “Standing Desk Market (Product Type – Standard/Fixed Standing Desk, Mechanically Adjustable Standing Desk, Electrically Adjustable Standing Desk and Converter Standing Desk; Application – Corporate Offices, Education, Healthcare, Residential, Manufacturing) – Growth, Future Prospects and Competitive Analysis, 2017 – 2025”, the global standing desk market is set to hit US$ 2.80 Bn by 2025, exhibiting a double digit growth rate during the forecast period 2017 – 2025.
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Market Insights
The overall standing desk market is primarily driven by the rising inclination of the people as well as enterprises towards adopting ergonomic furniture. Enterprises are now more attentive towards the health hazards caused by poor posture to their employees. Subsequently, the overall spending on related ergonomic furniture has grown significantly since the past few years. In addition, people are now more cautious regarding their daily activities and posture during the work hours and hence demand for more comfortable and ergonomic furniture. As a result, the market is projected to witness strong growth in the following years. However, additional cost of standing desks (apart from the existing furniture) hampers the market growth.
The global standing desk market is segmented on the basis of product type, application and geographical regions. Based on the product types, the market is segmented into standard/fixed, mechanically adjustable, electrically adjustable and converter standing desks. As of 2016, the market is led collectively by the mechanically adjustable and converter standing desks segment. In the following years, converter and electrically standing desks segment is projected to exhibit the highest growth across the global market. On the basis of applications, the market is segmented into corporate enterprises, residential, educational institutes, healthcare and manufacturing & processing facilities. As of 2016, the market is led by the corporate enterprises segment.
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The key players of standing desk market include SquareGrove LLC, AFC Industries, Inc., Ergotron, Inc. (Nortek, Inc.), Evodesk.com, Inc., Workrite Ergonomics, Inc., UpDesk, Humanscale, Steelcase, Inc., NextDesk, Inc., and IKEA. The most prominent strategy adopted by the market players is continual efforts towards enhancing desk designs so as to provide more comfort, in terms of ergonomics as well as cost, to the consumers. One of the major concerns for the market players is to create awareness regarding the benefits of using ergonomic furniture (such as standing desk). Another major challenge faced by the market players is presence of large number of players in the market. Most of the market players face competition from regional and small scale players offering customized furniture solutions for relatively cheaper prices.
Based on the product type, the global standing desk market is segmented into following categories:
- Standard/Fixed Standing Desk
- Mechanically Adjustable Standing Desk
- Electrically Adjustable Standing Desk
- Converter Standing Desk
ToC:
Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
1.3.4 Assumptions
1.3.5 Approach Adopted
Chapter 2 Executive Summary
2.1 Market Snapshot: Global Standing Desks Market
2.1 Global Standing Desks Market, By Product Type
2.2 Global Standing Desks Market, By Geography
Chapter 3 Market Dynamics
3.1 Introduction
3.1.1 Global Standing Desks Market Revenue, 2015 – 2025, (US$ Mn)
3.2 Market Dynamics
3.2.1 Market Drivers
3.2.1.1 Rising demand for ergonomic furniture worldwide
3.2.1.2 High health benefits of using standing desks
3.2.1.3 Flexible designs in standing desks
3.2.2 Challenges
3.2.2.1 Low awareness among the people
3.2.2.2 High cost of replacement
3.2.3 Impact Analysis of Drivers and Challenges
3.3 Key Trends Analysis
3.3.1 Product enhancement
3.3.2 Growing inclination towards treadmill desks
3.4 Attractive Investment Proposition
3.5 Consumer Behavior Analysis
3.5.1 By Gender: Male vs. Female (2016 & 2025)
3.5.2 By Age Group: Below 20yrs, 21 to 35yrs, 36 to 50yrs and above 50yrs (2016 & 2025)
3.5.3 By Product Type: Standard, Mechanically Adjustable, Electrically Adjustable, Converter (2016 & 2025)
3.6 Competitive Landscape
3.6.1 Market Share of Standing Desk Manufacturers in the U.S., 2016 (%)
3.6.2 Key Strategies Adopted by the Leading Players
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