Although it is not often the first thing that comes to mind when one thinks of an office, no office is complete without desks, chairs, and a water cooler. Though office furniture seems to have remained more or less unchanged in the last twenty years, there has been a great deal of innovation and growth in the office furniture market. Standing desks, for instance, are a relatively new fixture in offices and are perfect for those who prefer not to sit for extended periods of time for health or comfort reasons. In addition, ergonomic chairs and desks are perfect for combating back and wrist pain which plague so many office workers. Most recently, the coronavirus pandemic forced Americans to work from home, inciting a massive spike in home office furniture sales in 2020.
The United States is home to the largest office furniture market in the world, generating over 15.4 billion dollars in revenue in 2019. The U.S. office furniture market is expected to reach a value of 14.3 billion dollars by 2025. Some of the leading office furniture companies in the world are from the United States such as Steelcase, Herman Miller, and Haworth. Steelcase generates the majority of its revenue from systems and storage products such as file cabinets and desks, while Herman Miller’s sales are driven by seating products.
The value of furniture imports to the United States amounted to over 58 billion U.S. dollars in 2018, making the United States the leading importer of furniture in the world. In terms of office furniture, the majority of the import value comes from wooden furniture rather than metal furniture. The United States exported about 158 million U.S. dollars of wooden furniture and 214 million U.S. dollars of metal furniture in 2019.
Table of ContentsOverviewTradeCompaniesHome office
1. Overview
Description: Revenue from the global furniture industry stood at 1.3 trillion U.S. dollars in 2020. The Statista Consumer Market Outlook estimates that by 2025, revenue in this industry will reach 1.6 trillion dollars.
Description: The United States furniture market generated the highest revenue per country revenue with over 226.78 billion U.S. dollars. Ranked second and third were China and Germany with 72.5 billion and 53.5 billion dollars respectively. The furniture market in Russia created a revenue of almost 17 billion, while the market in Switzerland saw a revenue of around 5.7 billion dollars.
Description: The global office furniture market was valued at approximately 54.24 billion U.S. dollars in 2021. The worldwide office furniture market was forecast to be worth around 85 billion U.S. dollars in 2026.
Description: This statistic depicts the revenue of the office furniture market in 2019, by country. In that year, the office furniture market revenue in the U.S. amounted to approximately 15,429.48 million U.S. dollars. For information on over 200 markets in 150 countries, please visit Consumer Market Outlook.
Description: In 2020, the U.S. office furniture market was valued at about 12.94 billion U.S. dollars.This was a decrease compared to the market value in previous years.
Description: The statistic shows the market value development of the office furniture in the United States from 2015 to 2020. In 2020, the market value of U.S. office furniture increased by 12.2 percent, when compared to the previous year.
Description: In November 2021, United States furniture and home furnishing store sales were estimated to reach approximately 13.31 billion U.S. dollars, up from the month before in where the sales stood at 12.44 billion. In April 2020, sales fell to 3.98 billion U.S. dollars due to the impact of the coronavirus (COVID-19) pandemic.
2. Trade
Description: In 2020, the United States was the leading importer of furniture from the rest of the world, with an import value of around 54 billion U.S. dollars. Germany, ranking second, imported approximately 15.85 billion U.S. dollars worth of furniture that year.
Description: This statistic depicts the value of U.S. wooden office furniture imports from 2015 to 2020. In 2020, the value of wooden office furniture imported to the United States was approximately 883 million U.S. dollars.
Description: This statistic depicts the value of U.S. metal office furniture imports from 2015 to 2020. In 2020, the value of metal office furniture imported to the United States was approximately 750 million U.S. dollars.
Description: This statistic depicts the value of U.S. office equipment imports from 2015 to 2020. In 2020, the value of office equipment imported to the United States was approximately 74 million U.S. dollars.
Description: In 2020, China was the leading exporter of furniture to the rest of the world, with an export value of around 69 billion U.S. dollars. Poland, ranked second, exporting approximately 12.8 billion U.S. dollars worth of furniture that year.
Description: This statistic depicts the value of U.S. wooden office furniture exports from 2015 to 2020. In 2020, the value of wooden office furniture exported from the United States was approximately 130 million U.S. dollars.
Description: This statistic depicts the value of U.S. metal office furniture exports from 2015 to 2020. In 2020, the value of metal office furniture exported from the United States was approximately 150 million U.S. dollars.
Description: This statistic depicts the value of U.S. office equipment exports from 2015 to 2020. In 2020, the value of office equipment exported from the United States was approximately 8.4 million U.S. dollars.
3. Companies
Description: This statistic depicts the leading office furniture companies worldwide in 2020, by revenue. In 2020, Steelcase was the top office furniture company in the world with revenues of approximately 3.73 billion U.S. dollars.
Description: This statistic depicts the revenue of Steelcase worldwide from 2016 to 2021, by region. In 2021, Steelcase’s Americas segment generated revenues amounting to approximately 1.85 billion U.S. dollars.
Description: This statistic shows the net sales of Herman Miller worldwide from 2016 to 2021, by geographic region. In 2021, Herman Miller’s net sales in the United States amounted to approximately 1.73 billion U.S. dollars.
Description: This statistic depicts the net sales of Haworth worldwide from 2016 to 2020. In 2020, Haworth’s net sales amounted to approximately 1.81 billion U.S. dollars, a decrease compared to earlier years. This dip in sales was likely caused by the coronavirus pandemic.
Description: This statistic depicts the net sales of the HNI Corporation worldwide from 2013 to 2020. In 2020, HNI Corporation’s net sales amounted to approximately 1.96 billion U.S. dollars, a decrease from 2019.
Description: This statistic depicts the revenue of Steelcase worldwide in financial year 2021, broken down by product category and region. In 2021, Steelcase’s systems and storage product category generated revenues amounting to approximately 912 million U.S. dollars in the company’s Americas region.
Description: This statistic shows the net sales of Herman Miller worldwide from 2019 to 2021, by product category. In 2021, Herman Miller’s performance seating net sales amounted to approximately 785 million U.S. dollars.
Description: This statistic depicts the net sales of the HNI Corporation worldwide from 2015 to 2020, by product category. In 2020, HNI Corporation generated net sales amounting to approximately 741.18 million U.S. dollars from systems and storage products. Across all product categories, sales decreased in 2020 due to the pandemic.
4. Home office
Description: Office furniture sales increased massively during the COVID-19 pandemic in the United States. Even though office retailers were forced to close down during lockdown periods, the overwhelming demand for home office supplies caused sales figures to surge. For instance, office chairs were roughly 75 percent more popular than before the pandemic.
Description: Desk chairs were the leading intended purchase for a home office across all generations in the U.S. in 2021. Nearly 41 percent of Millennials indicated that they planned to buy an office chair, versus roughly 24 percent of Baby Boomers. According to this survey, Millennials were the most likely generation to purchase home office items in 2021.
Description: In 2020, 27 percent of consumers were prioritizing a desk when considering purchasing home office furniture in the United States. Demand for home office furniture spiked as a result of the COVID-19 pandemic, with widespread lockdowns and stay at home orders across the United States.
Description: As of April 2020, 34 percent of consumers in the United States planned to carry out their home office furniture purchases within the next month. Desks and chairs were the most sought after type of home office furniture among U.S. consumers.
Description: In 2020, two thirds of consumers in the United States planned to fund their home office furniture purchases through their own finances. Demand for home office furniture spiked as a result of the COVID-19 pandemic, with widespread lockdowns and stay at home orders across the United States.
Description: As of mid-2021, 27 percent of Americans stated that a top benefit of working remotely is having more family time. Further, 18 percent of respondents indicated that working remotely means being in a less stressful environment, which is considered a benefit.
Source from Statista
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