Market Size –
The contemporary height adjustable desk market size has grown steadily in recent years. It will grow from $5.61 billion in 2023 to $5.86 billion in 2024 at a compound annual growth rate (CAGR) of 4.5%. The growth in the historic period can be attributed to increased awareness of ergonomics, rising work-from-home trend, corporate wellness programs, increased focus on workplace productivity, growth in office space design innovations, rising concerns over sedentary lifestyles.
The contemporary height adjustable desk market size is expected to see steady growth in the next few years. It will grow to $7.01 billion in 2028 at a compound annual growth rate (CAGR) of 4.6%. The growth in the forecast period can be attributed to growing corporate wellness initiatives, the expansion of remote and hybrid work models, increased awareness of health and wellness, rising disposable income, continued innovation in ergonomic designs, and enhanced customization options. Major trends in the forecast period include ergonomic solutions, technological advancements, sustainability and eco-friendly materials, customization and aesthetics, and a and a health and wellness focus.
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Scope Of Contemporary Height Adjustable Desk Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Contemporary Height Adjustable Desk Market Overview
Market Drivers –
The growing demand for remote and flexible work is expected to propel the growth of the contemporary height-adjustable desk market going forward. Remote and flexible work refers to employment arrangements where employees can work outside traditional office settings and/or choose their work hours. The growing remote and flexible work is driven by continuous advancements in work dynamics, including high-speed internet, cloud computing, and collaboration tools, enabling seamless remote work capabilities. Additionally, increasing emphasis on work-life balance has led organizations to adopt flexible work arrangements. Contemporary height-adjustable desks are increasingly utilized in remote and flexible work settings to promote ergonomic comfort and facilitate seamless transitions between sitting and standing throughout the workday. For instance, in February 2022, according to AT&T Inc., a US-based telecommunications company, the projected percentage of companies embracing a hybrid work model, where employees alternate between remote and office work, is expected to surge from 42% in 2021 to 81% by 2024. Therefore, the growing demand for remote and flexible work will drive the growth of the contemporary height-adjustable desk market.
Market Trends –
Major companies operating in the contemporary height-adjustable desk market are focusing on work style customization with solutions such as electric motors to revolutionize workplace ergonomics by promoting productivity. Electric motors in height-adjustable standing desks offer adaptable speeds and precise height settings, allowing users to switch between sitting and standing positions quickly and accurately. For instance, in April 2024, Sihoo, a China-based furniture and home furnishings manufacturing company, launched a new Sihoo D03 height-adjustable standing desk. It boasts a generously sized, one-piece desktop measuring 140 centimeters by 70 centimeters (55 inches by 28 inches). This expansive surface provides ample room for computer monitors, keyboards, notebooks, and other office essentials. It has a seamless electric motor, enabling seamless transitions with just a touch, and operates at less than 50 decibels. The motor ensures a tranquil work environment, maintaining peace during frequent daily desk adjustments. The single-piece design eliminates wobbly seams or uneven surfaces, creating a stable and secure platform for your work.
The contemporary height adjustable desk market covered in this report is segmented –
1) By Type: Manual Height Adjustable Desks, Electric Height Adjustable Desks, Other Types
2) By Material: Wood Metal, Composite Material
3) By Distribution Channel: Offline, Online
4) By Application: Office Use, Home Use, Other Applications
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Regional Insights –
North America was the largest region in the contemporary height adjustable desk market in 2023. The regions covered in the contemporary height adjustable desk market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the contemporary height adjustable desk market are Inter IKEA Systems B.V., MillerKnoll Inc, Steelcase Inc, HNI Corp, Kokuyo Co Ltd., Haworth Inc, Humanscale Corporation, Okamura Corporation, Kimball International Inc, Schiavello International, Loctek Ergonomic Technology Corp, Ergotron Inc, Assmann BÜRomÖBel Gmbh & Co. Kg, Teknion Group, Varidesk LLC, Actiu, Watson Furniture Group Inc., Workrite Ergonomics, Kinnarps AB, Adapt Europe Ltd, Fritz Hansen A/S, PALMBERG Büroeinrichtungen + Service GmbH, OFITA, Gispen, ROHR-Bush GmbH & Co. KG, FLEXISPOT, ConSet A/S
Table of Contents
1. Executive Summary
2. Contemporary Height Adjustable Desk Market Report Structure
3. Contemporary Height Adjustable Desk Market Trends And Strategies
4. Contemporary Height Adjustable Desk Market – Macro Economic Scenario
5. Contemporary Height Adjustable Desk Market Size And Growth
…..
27. Contemporary Height Adjustable Desk Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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