Japan Contract Furniture Market Size & Outlook, 2023-2030
Japan contract furniture market, 2018-2030 (US$M)
Related Markets
Japan contract furniture market highlights
- The Japan contract furniture market generated a revenue of USD 9,501.1 million in 2023 and is expected to reach USD 17,057.3 million by 2030.
- The Japan market is expected to grow at a CAGR of 8.7% 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.
Contract furniture market data book summary
| Market revenue in 2023 | USD 9,501.1 million |
| Market revenue in 2030 | USD 17,057.3 million |
| Growth rate | 8.7% (CAGR from 2023 to 2030) |
| Largest segment | Chairs & stools |
| Fastest growing segment | Sofa & Couch |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Japan accounted for 6.5% of the global contract furniture market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China contract furniture market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 17,057.3 million by 2030.
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Contract Furniture Market Scope
Contract Furniture Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan 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 34.32% in 2023. Horizon Databook has segmented the Japan 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.
The contract furniture market in Japan is driven by the growing trend of modernization and renovation of office spaces, the increasing demand for ergonomic and multifunctional furniture solutions, and rising awareness of the importance of creating conducive work environments for employee productivity and well-being.
The emphasis on sustainability and eco-friendly practices in furniture manufacturing is also contributing to market growth as companies seek to align with global standards and preferences. Japan has one of the leading markets in terms of world-class infrastructure.
Mori Building Co., Ltd., an urban landscape developer in Japan, conducted a survey of office building supply and demand in Tokyo's core cities in 2023. The survey suggested a favorable outlook for largescale office building supply in 2023 and 2025, with a subsequent dip below the historical average by 2027.
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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 country-level data and insights on the Japan contract furniture market , including forecasts for subscribers. This country databook contains high-level insights into Japan contract furniture market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan contract furniture market size, by product, 2018-2030 (US$M)
Japan Contract Furniture Market Outlook Share, 2023 & 2030 (US$M)
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