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The Global Institutional And Office Furniture Manufacturing Market Is Expected To Grow To $505 Billion By 2021 According To TBRCÂ’s Latest Report

(MoneyNewsWire.Net, July 20, 2018 ) The institutional and office furniture manufacturing market comprise firms are involved in designing office furniture including office chairs and desks, office and store fixtures, such as showcases. It also includes firms involved in producing all types of furniture parts and frames.



Order the report at:

https://www.thebusinessresearchcompany.com/report/institutional-and-office-furniture-manufacturing-global-market-report-2018



The substantial reason for the growth of the institutional and office furniture manufacturing market from $345 billion in 2017 to $505 billion by 2021 is the increasing demand for contemporary furniture and rise in the number of markets for such furniture. Asia Pacific was the largest region in the institutional and office furniture manufacturing in 2017, accounting for more than two-fifth of the market share.

The institutional and office furniture manufacturing market in The Business Research Company’s report is divided into two segments. Institutional furniture was the largest segment in with almost three-fourth of the market share and office furniture took up the remaining one-fourth share of market.



Download a sample of the report at:

https://www.thebusinessresearchcompany.com/sample.aspx?id=69&type=smp



China was the largest country in the institutional and office furniture manufacturing market in 2017, accounting for one-fifth of the global market share. This was mainly due to high demand for lockers, assembled and unassembled furniture products from commercial establishments and educational institutes, followed by USA and Japan.

The top four competitors of the market are IKEA AB, Herman Miller Inc., HNI Corporation, and Okamura Corporation. IKEA AB was the biggest player in the market in 2017. It is a Swedish multinational group of companies that is involved in the design, manufacture and sale of home accessories, appliances and ready-to-assemble furniture. The company is headquartered in Netherlands.



About The Business Research Company.

The Business Research Company is a Business Intelligence Company which excels in company, market and consumer research. It has offices in the UK, the US and India and a network of trained researchers in 15 countries globally.



Contact Information.

The Business Research Company

Europe: +44 207 1930 708

Asia: +91 8897263534

Americas: +1 315 623 0293

Email: info@tbrc.info





The Business Research Company

Marketing TBRC

+91 8897263534

Marketing@tbrc.info

Source: EmailWire.Com


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