{"id":644589,"date":"2023-03-28T18:56:02","date_gmt":"2023-03-28T18:56:02","guid":{"rendered":"https:\/\/www.abnewswire.com\/pressreleases\/?p=644589"},"modified":"2023-03-28T18:56:02","modified_gmt":"2023-03-28T18:56:02","slug":"office-chairs-market-is-anticipated-to-to-reach-around-usd-166-billion-in-2028-credence-research","status":"publish","type":"post","link":"https:\/\/www.abnewswire.com\/pressreleases\/office-chairs-market-is-anticipated-to-to-reach-around-usd-166-billion-in-2028-credence-research_644589.html","title":{"rendered":"Office Chairs Market is anticipated to to reach around USD 16.6 billion in 2028 – Credence Research"},"content":{"rendered":"
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The global office chairs market generated revenue of around USD 12.5 billion in 2021 and is anticipated to grow a CAGR of over 4.9% during the forecast period from 2022 to 2028 to reach around USD 16.6 billion in 2028.<\/div>\n

The latest market report published by Credence Research, Inc. “Global Office Chairs Market<\/a>: Growth, Future Prospects, and Competitive Analysis, 2016 – 2028”. <\/strong>The global office chairs market generated revenue of around USD 12.5 billion in 2021 and is anticipated to grow a CAGR of over 4.9% during the forecast period from 2022 to 2028 to reach around USD 16.6 billion in 2028.<\/p>\n

The rising demand for ergonomic chairs has been a prominent driver of the growth of the office chairs market. Ergonomic chairs have a solid seat depth, proper lumber support, an adjustable seat, and other benefits. Workplace ergonomics is significant because it may help firms improve their whole work environment. It may also be used to boost employee engagement, reduce absenteeism, and demonstrate the company’s dedication to employee safety and health. Consequently, ergonomic seats are in high demand, fueling the expansion of the office chair market in the next few years. Furthermore, office chairs provide greater comfort and convenience to workers. Thus, customers’ desire for custom-made office chairs is expected to increase demand in the future.<\/p>\n

The global office chairs market is bifurcated into Type, End-User, Application and Geography. Based on type, the market is segmented into ergonomic chairs, computer chairs, executive office chairs, conference chairs, and others. Based on end-user, the market is categorized into hypermarkets, online retails, specialty stores, and others. On the basis of application, the market is segmented into school, enterprise, households, industrials, and others. Based on geography, the market is segmented as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. On the other side, Asia-Pacific is predicted to develop at a considerable CAGR throughout the forecast period due to the large volume of transactions involving commercial housing facilities in countries such as China, India, Hong Kong, and Singapore. Furthermore, the rising number of organizations and workers in the area are major factors projected to fuel the growth of the office chairs market in Asia-Pacific.<\/p>\n

North America led the office chairs market in 2021, and its dominance is expected to continue in the future years. This expansion is attributed to rising demand from big organizations in the United States and Canada, increased knowledge of the health advantages of ergonomic chairs, and the huge presence of manufacturers in this region. In addition, manufacturers are developing new chairs and increasing their investment in technology that allows seats to be adjusted to different body forms.<\/p>\n

Browse full report with tables and figures<\/strong> – https:\/\/www.credenceresearch.com\/report\/office-chairs-market<\/a><\/p>\n

Why to Buy This Report-<\/strong><\/p>\n