Rockville, Jan. 31, 2023 (GLOBE NEWSWIRE) -- The worldwide office furniture market is projected to grow at a CAGR of 7% from 2023 to 2033. The market is esteemed at US$ 50 billion out of 2023 and is in this way expected to arrive at a valuation of US$ 98 billion by 2033-end.

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The office furniture market is expected to witness moderate growth during the forecast period and is expected to reach a valuation of US $ 98 Billion by 2033. Market growth is driven by the following factors:

Leading office furniture companies are focused on enhancing product standards with changing preferences of customers. Major office furniture producers are following safety regulations to maintain quality control of innovative office interior products.

Furthermore, RTA (Ready to Assemble) furniture is also gaining popularity among consumers for better usage and convenience. The need for eco-friendly furniture is driving top office furniture providers to use green materials that reduce waste disposal, pollution, and environmental impact.

In April 2021, PPG Industries Ohio Inc. (PPG), a company that makes metallic office furniture, introduced PPG ERGOLUXE powder coatings. The company provides a distinctive polyester-hybrid technology, and the layers added to the finishing give chairs, benches, workstations, and tables design and sustainability advantages.

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Key Questions Covered in the Office furniture market Report

•        How will the demand for office furniture market surge during the forecast period? •        Which are the key trends propelling the sales of a office furniture market in the market? •        Which region will be the most lucrative in the office furniture market from 2023 to 2033? •        What is the projected market valuation of the office furniture market in 2033? •        What are the challenges office furniture market providers might face over the upcoming decade? •        Which will be the leading end users in the office furniture market?

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