Product Code: ETC017385 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The office furniture market in Thailand is expected to witness steady growth during the forecast period 2025-2031. The rising demand from the corporate sector, increasing number of new office spaces, and introduction of innovative products are some of the key factors driving the growth of this market. Additionally, with rapid urbanization and technological advancements taking place in Thailand, there is an increasing need for ergonomically sound designs that provide comfort and convenience while working. This has further increased the demand for modern office furniture in Thailand which will continue to drive its market during this period.
With a growing corporate sector spurred by economic development, there is an increasing need for sophisticated office furniture such as modular workstations and cubicles in Thailand. This has led to manufacturers introducing various product innovations such as adjustable chairs and height-adjustable tables that promote better well-being among employees while they`re working at their desks. Such innovations have augmented the growth prospects of this industry considerably over recent years. The expansion of business operations across multiple cities has resulted in more companies setting up offices outside their main headquarters or branches located elsewhere in different cities which require appropriate furnishings including desks, chairs, storage units etc., leading to an increase in overall demand for modern workplace setups across industries within Thailand retail sector as well as other sectors like hospitality amongst others over recent years.
Due to high cost associated with materials used to manufacture quality office furniture items such as steel frames or wood panels coupled with rising labor costs due to inflationary pressures resulting from trade wars between countries; these have had a significant impact on production costs making it difficult for manufacturers operating within Thailand markets compete against international competitors who offer cheaper alternatives yet maintain standards when it comes down quality production elements being utilized into manufacturing process. As result, most customers tend towards investing highly competitively priced options available out there instead .
The Thailand office furniture market is estimated to have been impacted by the COVID-19 pandemic. The country has seen a decrease in demand for office furniture due to the closure of offices and other workspaces, with many employees now working from home. This has had an adverse effect on manufacturers, retailers and distributors in this sector.
The major players operating in the Thailand office furniture market are Steelcase Inc., Herman Miller Inc., Haworth Inc., Okamura Corporation, HNI Corporation and Kimball International among others. These companies are focusing on developing innovative product designs that meet customer demands while ensuring sustainability and cost effectiveness. Additionally, companies are also leveraging digital technologies to optimize operations, reduce costs and offer better customer service solutions as part of their overall strategies for success during these uncertain times.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Thailand Office Furniture Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Office Furniture Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Office Furniture Market - Industry Life Cycle |
3.4 Thailand Office Furniture Market - Porter's Five Forces |
3.5 Thailand Office Furniture Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.6 Thailand Office Furniture Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Thailand Office Furniture Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Office Furniture Market Trends |
6 Thailand Office Furniture Market, By Types |
6.1 Thailand Office Furniture Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Thailand Office Furniture Market Revenues & Volume, By Types, 2021-2031F |
6.1.3 Thailand Office Furniture Market Revenues & Volume, By Seating, 2021-2031F |
6.1.4 Thailand Office Furniture Market Revenues & Volume, By Tables, 2021-2031F |
6.1.5 Thailand Office Furniture Market Revenues & Volume, By Storage, 2021-2031F |
6.1.6 Thailand Office Furniture Market Revenues & Volume, By Desks, 2021-2031F |
6.1.7 Thailand Office Furniture Market Revenues & Volume, By Other , 2021-2031F |
6.2 Thailand Office Furniture Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Thailand Office Furniture Market Revenues & Volume, By Home Centers, 2021-2031F |
6.2.3 Thailand Office Furniture Market Revenues & Volume, By Flagship Stores, 2021-2031F |
6.2.4 Thailand Office Furniture Market Revenues & Volume, By Specialty Stores, 2021-2031F |
6.2.5 Thailand Office Furniture Market Revenues & Volume, By Online Stores, 2021-2031F |
6.2.6 Thailand Office Furniture Market Revenues & Volume, By Other , 2021-2031F |
7 Thailand Office Furniture Market Import-Export Trade Statistics |
7.1 Thailand Office Furniture Market Export to Major Countries |
7.2 Thailand Office Furniture Market Imports from Major Countries |
8 Thailand Office Furniture Market Key Performance Indicators |
9 Thailand Office Furniture Market - Opportunity Assessment |
9.1 Thailand Office Furniture Market Opportunity Assessment, By Types, 2021 & 2031F |
9.2 Thailand Office Furniture Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Thailand Office Furniture Market - Competitive Landscape |
10.1 Thailand Office Furniture Market Revenue Share, By Companies, 2024 |
10.2 Thailand Office Furniture Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |