Europe’s Standing Desk Market to Reach $500M by 2029
The latest study on the “Europe Standing Desk Market” [2023-2032] by Report Ocean, presents a comprehensive overview of the standing desk industry in Europe, focusing on market trends, business practices, and future growth potential. This in-depth analysis, spread over 104 pages and enriched with tables and visual aids, serves as a valuable resource for businesses and investors seeking to understand the market dynamics in detail.
The European market for standing desks is on an upward trajectory due to growing awareness of the health benefits of standing while working, increasing prevalence of sedentary lifestyles, rising adoption of ergonomic furniture, and the implementation of flexible work policies by organizations. The market size of standing desks in Europe was estimated at USD 341.67 million in 2022. It is projected to grow at a steady CAGR of 5.65% to reach about USD 500 million by 2029.
The increasing popularity of standing desks among consumers and the steady expansion of the market in Europe can be attributed to growing public awareness about the adverse health effects of prolonged sitting and the benefits of standing while working or studying. The demand for ergonomic and adjustable standing workstations is on the rise as individuals and businesses prioritize workplace wellness. Technological advancements have led to the development of standing desks with innovative features like built-in charging outlets and mechanisms for height adjustment, further driving their adoption.
The market is expected to continue its upward trend in the coming years, propelled by the rising popularity of flexible and health-conscious work environments. The research study offers a detailed analysis of the sector, considering important factors such as industry size, market share, and key players. It also assesses the impact of the COVID-19 pandemic on several regional industries and provides insightful observations on market segmentation based on product types and uses.
A standing desk, also known as an electric height adjustable standing desk or best sit stand desk, allows users to switch between sitting and standing positions while working. These desks are designed to create a more ergonomic and active work environment, offering numerous health benefits and enhancing productivity. The Europe standing desk market encompasses various types, sizes, and features of these desks.
The COVID-19 pandemic had a moderate impact on the Europe standing desk market. While the shift towards remote work and the increased focus on creating ergonomic home offices led to a surge in demand for standing desks, economic uncertainties and financial constraints caused by the pandemic led to a slowdown in market growth. Supply chain disruptions and manufacturing delays further impacted the availability of standing desks. However, as the situation stabilizes and workplaces adapt to the new normal, the market is expected to regain momentum.
On the basis of convenience, the Europe standing desk market is divided into Portable and Non-Portable segments. Non-portable standing desks, designed for fixed placement and offering stability and durability for long-term use, hold a higher share. They are often used in offices, corporate settings, and dedicated workspaces. These desks offer a wide range of features and customization options. While the portable segment caters to individuals who require flexibility and mobility, non-portable desks dominate the market due to their popularity in professional settings where a dedicated workstation is needed.
The Europe standing desk market is highly competitive, with major companies like Steelcase Inc., Herman Miller, Inc., Okamura Corporation, Kinnarps AB, Ergotron, Inc., Varidesk, LLC, AFC Industries, Inc., Workrite Ergonomics, Inc., Evodesk, and Flexispot vying for a larger market share. These companies employ various strategies such as increasing investments in R&D activities, mergers and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to strengthen their position in the market.
In conclusion, the Europe standing desk market is set for significant growth in the coming years. The increasing awareness about the health benefits of an electric stand up desk, the rise of remote work, and the growing demand for ergonomic workspaces are key factors driving this growth.