Europe Contract Furniture Market Size & Outlook, 2023-2030
Europe contract furniture market, 2018-2030 (US$M)
Related Markets
Europe contract furniture market highlights
- The Europe contract furniture market generated a revenue of USD 37,647.7 million in 2023.
- The market is expected to grow at a CAGR of 4.7% from 2024 to 2030.
- In terms of segment, chairs & stools was the largest revenue generating product in 2023.
- Sofa & Couch is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 37,647.7 million |
| Market revenue in 2030 | USD 51,991.8 million |
| Growth rate | 4.7% (CAGR from 2023 to 2030) |
| Largest segment | Chairs & stools |
| Fastest growing segment | Sofa & Couch |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Chairs & Stools, Tables & Desks, Storage Furniture, Sofa & Couch |
| Key market players worldwide | MillerKnoll Inc, Steelcase Inc Class A, HNI Corp, Global Industrial Co, Haworth, Inc., Kinnarps, Teknion, OFS |
Other key industry trends
- In terms of revenue, Europe region accounted for 25.6% of the global contract furniture market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 79,893.9 million by 2030.
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Contract Furniture Market Scope
Contract Furniture Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe contract furniture market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to contract furniture market will help companies and investors design strategic landscapes.
Chairs & stools was the largest segment with a revenue share of 34.04% in 2023. Horizon Databook has segmented the Europe contract furniture market based on chairs & stools, tables & desks, storage furniture, sofa & couch covering the revenue growth of each sub-segment from 2018 to 2030.
Schools and other educational institutes are in a constant state of evolution, blending interior design trends with ergonomic considerations and elements that enhance creativity and learning. In Europe, there is a growing inclination for flexible classrooms and furniture that encourages movement among children, thereby improving their potential for effective learning and collaboration.
There is a rising demand for furniture that accommodates individual learning processes, recognizing that some students may prefer reading on a soft sofa or rug rather than a traditional wooden chair, while others may benefit from sitting in different types of chairs or require specific seating arrangements.
The Nordic Council of Ministers has highlighted concerns about Swedish schoolchildren being physically inactive, prompting the need for innovative approaches. Kinnarps' Trend Report on future learning environments, developed in collaboration with experts in the Nordic region, also suggests incorporating whole-body movement in education.
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Target buyers of Europe contract furniture market databook
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Our clientele includes a mix of contract furniture market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe contract furniture market , including forecasts for subscribers. This continent databook contains high-level insights into Europe contract furniture market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe contract furniture market size, by country, 2018-2030 (US$M)
Europe Contract Furniture Market Outlook Share, 2023 & 2030 (US$M)
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