According to the report published by Allied Market Research, the global home office furniture market generated $3.03 billion in 2020, and is expected to reach $7.61 billion by 2030, witnessing at a CAGR of 8.8% from 2021 to 2030. The report offers a detailed analysis of changing market dynamics, key investment pockets, top segments, value chain, regional scenario, and competitive landscape.
Surge in entrepreneurship and work from home, growth in urbanization, and rise in inclination of customers toward multi-function furniture drive the growth of the global home office furniture market. However, increase in the cost of raw material and environmental restriction related to deforestation hinder the market growth. On the other hand, development of eco-friendly raw material and surge in e-commerce sales present new opportunities in the coming years.
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Covid-19 Scenario:
- The outbreak of covid-19 impacted the manufacturing processes and supply chain management during the initial phase. Also, consumer discretionary spending has been minimized, and businesses have noticed a behavioral shift toward safer and more durable products.
- The trend of work from home, however, has supported the market positively. At the same time, the initiatives for relaxing the regulations by the government bodies have helped the manufacturers and market players to retain their sale structures.
The report offers detailed segmentation of the global home office furniture market based on product type, material type, price range, distribution channel, and region.
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Based on product type, the table segment contributed to the highest share in 2020, accounting for more than two-fifths of the total share, and is estimated to continue its leadership status during the forecast period. However, the seating segment is expected to portray the highest CAGR of 9.8% from 2021 to 2030.
Based on material type, the wood segment accounted for the highest share in 2020, holding nearly half of the global home office furniture market, and is estimated to continue its dominance during the forecast period. However, the plastic segment is projected to manifest the largest CAGR of 10.1% from 2021 to 2030.
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Based on region, Europe held the highest share in terms of revenue in 2020, accounting for nearly two-fifths of the total share, and is expected to continue its lead position by 2030. However, the region across Asia-Pacific is projected to witness the fastest CAGR of 10.7% during the forecast period. The research also analyzes regions including North America and LAMEA.
Leading players of the global home office furniture market analyzed in the research include Steelcase, Inc., Masco Corporation, HNI Corporation, Haworth, Inc., Inter IKEA Systems BV, L & J.G. STICKLEY, Inc., Kimball International, Inc., Okamura Corporation, Basset Furniture Industries, and Durham Furniture, Inc.
Mar 12, 2020: The global Home Infusion Therapy market size is expected to reach USD 41.6 billion by 2027, according to a new report by Grand View Research, Inc., registering a CAGR of 7.3% over the forecast period.
Home infusion therapy is considered an alternative to an extended stay in hospitals or nursing homes for patients suffering from chronic diseases.
In October 2019, the Centers for Medicare & Medicaid Services issued a rule stating that all home infusion therapy payments will get covered under the Bipartisan Budget Act of 2018.
In February 2018, the Bipartisan Budget Act of 2018 was signed into a law which states that all temporary payments of home infusion therapy in U.S. will be covered by the government in accordance with this regulation.
This creates the need to infuse nutritional products that contain glutamine, phospholipids, glucose, and amino acids while administering medication to patients, which, in turn, is expected to boost the market growth in this region.Technological developments in home infusion therapy devices are also anticipated to make therapy more convenient and user-friendly for patients.
This app will help patients to safely administer the medicine as per the requirements.Further key findings from the report suggest:Infusion pumps emerged as the largest product segment in 2019 owing to increasing use of delivery fluids such as nutrients and medicationsThe needleless connectors segment is projected to register the highest CAGR over the forecast period as they offer advantages such as improved safetyThe anti-infective segment dominated the home infusion therapy market in 2019, as a large number of procedures are performed during the administration of medication such as antibiotics and antifungalsNorth America dominated the global market in 2019.
The Global Home Office Furniture Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.The comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved.
The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.
The report classifies the market into different segments.
These segments are studied in detail incorporating the market estimates and forecasts at regional and country level.
The segment analysis is useful in understanding the growth areas and probable opportunities of the market.Final Report will cover the impact of COVID-19 on this industry.Browse the complete Global Home Office Furniture Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027 @ https://www.decisiondatabases.com/ip/6792-home-office-furniture-industry-market-reportThe report also covers the complete competitive landscape of the global Home Office Furniture market with company profiles of key players such as: KnollKimball InternationalMascoSears HoldingsSteelcaseKOKUYO FurnitureHerman MillerPoltrona FrauInter IKEA GroupHaworthAshley Furniture IndustriesHNIThe detailed description of each has been included, with information in terms of H.Q, future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other latest industrial developments.SEGMENTATIONS IN THE REPORT: By TypesSeatingTablesStorage UnitsOthersBy End UsersHypermarkets and SupermarketsGeneral RetailersOnlineOtherBy GeographyNorth America (NA) – US, Canada, and MexicoEurope (EU) – UK, Germany, France, Italy, Russia, Spain & Rest of EuropeAsia-Pacific (APAC) – China, India, Japan, South Korea, Australia & Rest of APACLatin America (LA) – Brazil, Argentina, Peru, Chile & Rest of Latin AmericaMiddle East and Africa (MEA) – Saudi Arabia, UAE, Israel, South AfricaDownload Free Sample Report of Global Home Office Furniture Market @ https://www.decisiondatabases.com/contact/download-sample-6792The Global Home Office Furniture Market has been exhibited in detail in the following chapters –Chapter 1 Home Office Furniture Market Preface Chapter 2 Executive SummaryChapter 3 Home Office Furniture Industry AnalysisChapter 4 Home Office Furniture Market Value Chain AnalysisChapter 5 Home Office Furniture Market Analysis By TypesChapter 6 Home Office Furniture Market Analysis By End UsersChapter 7 Home Office Furniture Market Analysis By GeographyChapter 8 Competitive Landscape Of Home Office Furniture CompaniesChapter 9 Company Profiles Of Home Office Furniture IndustryPurchase the complete Global Home Office Furniture Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-6792Other Reports by DecisionDatabases.com:Global Luxury Furniture Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027Global Furniture Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Folding Furniture Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
The increasing demand for apparel industries owing to the rise in demand for consumers and growth in population is propelling the market growth.Market Size – USD 6.38 Billion in 2018, Market Growth - CAGR of 5.7%, Market Trends – The advent of environment friendly textile dyes.The global Textile Dyes Market is forecast to reach USD 10.13 Billion by 2026, according to a new report by Reports and Data.
Fabrics are dyed either by using dying solution or by printing, using dye pastes.The above-mentioned factors collectively create opportunities for the market growth while factors such as unfavorable effects of textile dyes pose limitations in the market.
Consistent advancements in the dyes market owing to innovative efforts have enhanced the efficiency of textile dyes.To get a sample PDF copy of the report, visit @ https://www.reportsanddata.com/sample-enquiry-form/1848Top Leaders Operating in the Market are:Archroma,Tanatex Dyes,Vipul organics Ltd,DyStar Singapore Private Ltd,Zhejiang Runtu Co. Ltd.,Jihua Group,A Robama,Organic Dyes and Pigments,Huntsman International LLC,and Kiri Industries Ltd,among others.Textile Dyes Market Segmentation:Based on Product Type:CottonViscoseWoolNylonPolyesterAcrylicOthersBased on Application:ApparelsHome TextileIndustrial TextileOtherRequest customization of the report @ https://www.reportsanddata.com/request-customization-form/1848The report talks about the key competitors with regard to their market size, product portfolio, manufacturing and production capacity, profit margins, revenue generation, regional spread, and research and development activities.
The report also discusses in detail the mergers and acquisitions, joint ventures, product launches, brand promotions, collaborations, corporate deals, and licensing agreements, and more.
The report provides a comprehensive overview of the competitive landscape and regional spread.The regional analysis offers a complete overview of the regional spread of the market along with production and consumption patterns, import/export, supply and demand dynamics, revenue contribution, trends and demands, and presence of prominent players in each region.Regional Analysis Covers:North America (U.S., Canada, Mexico)Europe (U.K., Italy, Germany, France, Rest of EU)Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)Latin America (Chile, Brazil, Argentina, Rest of Latin America)Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)To know more about the report, visit @ https://www.reportsanddata.com/report-detail/textile-dyes-marketFurther key findings from the report suggestThe polyester segment accounts for a market share of 13.9% in the year 2018.
Polyester is a type of fabric which is extremely difficult to dye since it is a synthetic fabric made from petroleum.
