Japan Office Furniture Market Size (2024 - 2029)

The Japanese office furniture market is poised for growth, driven by factors such as an increasing employment rate and a rise in office space consumption, which enhance the demand for office furniture. As a leading manufacturer and consumer in the Asia-Pacific region, Japan plays a significant role in the market, with a substantial portion of its production and consumption. The market's expansion is further supported by corporate investments in office interiors to create productive work environments and the growing popularity of smart furniture.

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Market Size of Japan Office Furniture Industry

Japan Office Furniture Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Market Size (2024) USD 1.56 Billion
Market Size (2029) USD 1.85 Billion
CAGR (2024 - 2029) 3.45 %
Market Concentration Low

Major Players

Japan Office Furniture Market Major Players

*Disclaimer: Major Players sorted in no particular order

Japan Office Furniture Market Analysis

The Japan Office Furniture Market size is estimated at USD 1.56 billion in 2024, and is expected to reach USD 1.85 billion by 2029, growing at a CAGR of 3.45% during the forecast period (2024-2029).

The Japanese office furniture market is expected to witness strong growth in the forecast period owing to factors like increasing employment rate and rising consumption of office spaces, which fuel the market demand for office furniture in the country.

Japan is the main office furniture manufacturer and consumer in the Asia-Pacific region (excluding China and India), accounting for nearly 57% of the total production and 59% of total consumption. The main destinations for Japanese office furniture exports are Asia and the Pacific, followed by North America.

Key corporate houses and enterprises are investing significantly in the interiors and furnishing of their office spaces to provide a productive and comfortable work environment for their employees. Many office furniture manufacturers and designers offer chairs with better comfort to minimize stress. Furthermore, the increasing penetration of smart furniture is also boosting the market growth.

In 2021, the furniture market continued to experience significant growth, largely attributed to COVID-19 restrictions that required many people to stay home. This was reflected in their buying behavior: Furniture sales increased as people started to make their living and home office more comfortable.

Japan Office Furniture Industry Segmentation

The term 'office furniture' means any product or service offering intended to meet the furnishing needs of the workplace, including office, healthcare, educational, and hospitality environments. This report aims to provide a detailed analysis of the Japanese office furniture market. It focuses on the market dynamics, emerging trends in the segments and regional markets, and insights into the various product and application types. Also, it analyzes the key players and the competitive landscape.

The Japan Office Furniture Market is segmented by material (Wood, Metal, Plastic, Other Materials), Product (Meeting Chairs, Lounge Chairs, Swivel Chairs, Office Tables, Storage Cabinets, Desks), and distribution channel (Direct, Indirect). The report offers the market sizes and forecasts in value (USD million) for all the above segments.

By Material
Wood
Metal
Plastics
Other Materials
By Products
Meeting Chairs
Lounge Chairs
Swivel Chairs
Office Tables
Storage cabinets
Desks
By Distribution Channel
Direct
Indirect
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Japan Office Furniture Market Size Summary

The Japanese office furniture market is poised for robust growth over the forecast period, driven by an increasing employment rate and a rise in office space consumption. As a leading manufacturer and consumer of office furniture in the Asia-Pacific region, Japan plays a pivotal role in the market dynamics, with significant production and consumption levels. The market is further bolstered by substantial investments from corporate entities in creating productive and comfortable work environments, alongside the growing adoption of smart furniture solutions. The demand for office furniture is also fueled by the construction of new office buildings, the emergence of venture capital companies, and the trend towards shared office spaces, which necessitate periodic updates and renewals of office layouts and furniture.

In urban centers like Tokyo, the proliferation of large-scale office buildings is a key driver of market expansion, with companies like Kokuyo offering comprehensive solutions that encompass everything from space requirements to after-sales service. The market is characterized by a high level of consolidation, with major players such as Okamura Corporation, Kokuyo, Itoki, and Uchida Yoko dominating the landscape, while international brands like Steelcase and Herman Miller also maintain a presence. The entry of home furniture companies into the office furniture sector is intensifying competition, suggesting a dynamic and evolving market environment. Recent strategic moves, such as Kokuyo's partnership with Allsteel and the acquisition of Lamex, highlight the ongoing consolidation and expansion efforts within the industry.

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Japan Office Furniture Market Size - Table of Contents

  1. 1. MARKET INSIGHTS

    1. 1.1 Insights on Standards and Regulations for Office Furniture in Japan

    2. 1.2 Insights on Key Trends in the Industry

    3. 1.3 Insights on Latest Innovations

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Material

      1. 2.1.1 Wood

      2. 2.1.2 Metal

      3. 2.1.3 Plastics

      4. 2.1.4 Other Materials

    2. 2.2 By Products

      1. 2.2.1 Meeting Chairs

      2. 2.2.2 Lounge Chairs

      3. 2.2.3 Swivel Chairs

      4. 2.2.4 Office Tables

      5. 2.2.5 Storage cabinets

      6. 2.2.6 Desks

    3. 2.3 By Distribution Channel

      1. 2.3.1 Direct

      2. 2.3.2 Indirect

Japan Office Furniture Market Size FAQs

The Japan Office Furniture Market size is expected to reach USD 1.56 billion in 2024 and grow at a CAGR of 3.45% to reach USD 1.85 billion by 2029.

In 2024, the Japan Office Furniture Market size is expected to reach USD 1.56 billion.

Japanese Office Furniture Market Report Snapshots

Japanese Office Furniture Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)