Contemporary Height-Adjustable Desk Market by Type, Application, and Geography - Forecast and Analysis 2021-2025

  • Published: Aug 2021
  • Pages: 120
  • SKU: IRTNTR44067
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The contemporary height-adjustable desk market has the potential to grow by USD 2.72 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 4.53%.

This contemporary height-adjustable desk market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by type (manual height-adjustable desk and electric height-adjustable desk), application (office and home), and geography (North America, Europe, APAC, South America, and MEA). The contemporary height-adjustable desk market report also offers information on several market vendors, including Adapt Europe Ltd., Haworth Inc., Herman Miller Inc., HNI Corp., Inter IKEA Holding BV, Kimball International Inc., KOKUYO Co. Ltd., Okamura Corp., Steelcase Inc., and Teknion Group among others.

What will the Contemporary Height-Adjustable Desk Market Size be in 2021?

Contemporary-Height-Adjustable-Desk-Market-Market-Size-2020-2025

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Contemporary Height-Adjustable Desk Market: Key Drivers and Trends

Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The growing demand for modern height-adjustable desks is notably driving the contemporary height-adjustable desk market growth, although factors such as fluctuating prices of raw materials may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the contemporary height-adjustable desk industry. 

  • The growing demand for modern height-adjustable desks will drive the market growth during the forecast period.
  • Leading players in the global contemporary height-adjustable desk market that provide modern furniture include Herman Miller and HNI.
  • The modern desk is characterized by innovative designs and technologically advanced production practices.
  • Modern desks are priced higher than traditional furniture. Therefore, the growing use of such desks drives the global contemporary height-adjustable desk market growth in terms of value.
  • The increase in the demand for office spaces, such as co-working spaces, is driving the contemporary height-adjustable desk market.
  • The rise in the number of multinational companies established across the world has increased employment opportunities and office spaces.
  • The rise in the number of technology and business parks globally has fueled the sale of contemporary height-adjustable desks.
  • Favorable government policies and the increasing number of multinational companies in the US have led to the entry of foreign players in the contemporary height-adjustable desk market in the US.

This contemporary height-adjustable desk market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Contemporary Height-Adjustable Desk Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Adapt Europe Ltd.
  • Haworth Inc.
  • Herman Miller Inc.
  • HNI Corp.
  • Inter IKEA Holding BV
  • Kimball International Inc.
  • KOKUYO Co. Ltd.
  • Okamura Corp.
  • Steelcase Inc.
  • Teknion Group

 

The contemporary height-adjustable desk market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the contemporary height-adjustable desk market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Contemporary Height-Adjustable Desk Market?

Contemporary-Height-Adjustable-Desk-Market-Market-Share-by-Region-2020-2025

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39% of the market’s growth will originate from APAC during the forecast period. China and India are the key markets for contemporary height-adjustable desks in APAC. Market growth in APAC will be faster than the growth of the market in other regions.

Growing urbanization, improving lifestyles of individuals, and the growth in the real estate and construction industries will facilitate the contemporary height-adjustable desk market growth in APAC over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Type Segments in the Contemporary Height-Adjustable Desk Market?

Contemporary-Height-Adjustable-Desk-Market-Market-Share-by-Type-2020-2025

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The contemporary height-adjustable desk market share growth by the manual height-adjustable desk segment will be significant during the forecast period. Manual height-adjustable desks are specifically designed to allow easy movement and are also called hand-cranked and operated height-adjustable tables, as they allow seamless switching between various sitting and standing positions to cater to different uses and requirements. Currently, the demanding work culture compels employees and individuals to be seated for long hours, which has led to several health problems, such as the chronic problem of back soreness and severe backaches. Using manual height-adjustable desks can improve the sitting posture, which helps to reduce the above health-related problems. 

Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the contemporary height-adjustable desk market size.

 

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What are the Key Factors Covered in this Contemporary Height-Adjustable Desk Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive contemporary height-adjustable desk market growth during the next five years
  • Precise estimation of the contemporary height-adjustable desk market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the contemporary height-adjustable desk industry across North America, Europe, APAC, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of contemporary height-adjustable desk market vendors

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Contemporary Height-Adjustable Desk Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 4.53%

Market growth 2021-2025

$ 2.72 billion

Market structure

Fragmented

YoY growth (%)

0.47

Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

APAC at 39%

Key consumer countries

US, Germany, China, UK, and India

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Adapt Europe Ltd., Haworth Inc., Herman Miller Inc., HNI Corp., Inter IKEA Holding BV, Kimball International Inc., KOKUYO Co. Ltd., Okamura Corp., Steelcase Inc., and Teknion Group

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Application

    • Market segments
    • Comparison by Application
    • Office - Market size and forecast 2020-2025
    • Home - Market size and forecast 2020-2025
    • Market opportunity by Application

    Market Segmentation by Type

    • Market segments
    • Comparison by Type
    • Manual height-adjustable desk - Market size and forecast 2020-2025
    • Electric height-adjustable desk - Market size and forecast 2020-2025
    • Market opportunity by Type

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • North America - Market size and forecast 2020-2025
      • Europe - Market size and forecast 2020-2025
      • APAC - Market size and forecast 2020-2025
      • South America - Market size and forecast 2020-2025
      • MEA - Market size and forecast 2020-2025
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Vendor landscape
      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • Adapt Europe Ltd.
      • Haworth Inc.
      • Herman Miller Inc.
      • HNI Corp.
      • Inter IKEA Holding BV
      • Kimball International Inc.
      • KOKUYO Co. Ltd.
      • Okamura Corp.
      • Steelcase Inc.
      • Teknion Group

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
      Technavio

      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
      Technavio

      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
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      The contemporary height-adjustable desk market growth will increase by $2873.89 million during 2019-2024.
      The contemporary height-adjustable desk market is expected to grow at a CAGR of 4.84% during 2019-2024.
      Technavio has segmented the contemporary height-adjustable desk market by type (Manual height-adjustable desk and Electric height-adjustable desk) ,application (Office and Home) , and geographic (North America, Europe, APAC, South America, and MEA).
      Adapt Europe Ltd., Haworth Inc., Herman Miller Inc., HNI Corp., Inter IKEA Holding BV, Kimball International Inc., KOKUYO Co. Ltd., OKAMURA Corp., Steelcase Inc., Teknion Group are a few of the key vendors in the contemporary height-adjustable desk market.
      North America will register the highest growth rate of 35.28% among the other regions. Therefore, the contemporary height-adjustable desk market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
      The key factors driving the contemporary height-adjustable desk market growth are:
      • Growing demand for modern height-adjustable desks
      The contemporary height-adjustable desk market vendors should focus on grabbing business opportunities from the manual height-adjustable desk segment as it accounted for the largest market share in the base year.
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