Height-Adjustable Desks Market to Surge, Fueled by Healthier Workspaces
Market Outlook
The global height-adjustable desk market is poised for significant growth, according to a comprehensive report spanning 124 pages. This industry analysis, focusing on types, applications, and regions, is designed to offer valuable insights for stakeholders, vendors, and other industry participants.
Height-adjustable desks, also known as standing desks or sit-stand up desks, have gained popularity due to their health benefits. These desks can be adjusted to both sitting and standing positions, offering a healthier alternative to traditional sit-only desks. Long hours of sitting have been linked to various health issues, making the switch to these desks a strategic move for businesses and individuals alike.
Market Projections
The global height-adjustable desk market is projected to grow at a significant compound annual growth rate (CAGR) from 2023 to 2030. Despite the challenges posed by the COVID-19 pandemic, the market size is estimated at USD 5936 million in 2021 and is expected to reach USD 7070.7 million by 2028, growing at a CAGR of 2.5% during the forecast period of 2022-2028.
Key Players and Market Segments
Prominent players in the global height-adjustable desk market include Herman Miller, Okamura, HNI, Steelcase, and Kokuyo. These top five manufacturers hold about 15% of the global market share.
The Americas dominate the market with a share of over 40%, followed by Europe and Asia-Pacific combined holding about 50% of the market share. In terms of product type, manual height-adjustable desks lead the segment with a 55% share. Offices are the largest application segment, followed by home use.
Driving Factors
The growth of the height-adjustable desk market can be attributed to the rising awareness of the health benefits of an electric stand up desk and increasing demand in various applications worldwide. As more people learn how to choose the best standing desk for their needs, the market is expected to further expand.
The demand for different types of height-adjustable desks, including electric height adjustable standing desk and manual height-adjustable desks, is expected to increase in the coming years. The increasing adoption of these desks in offices and homes due to their health benefits and convenience is expected to drive the market growth.
Future Trends
The report also provides an analysis of the future trends in the height-adjustable desk market. The increasing adoption of these desks in various sectors, including mining, is expected to boost the market growth rate.
The report also provides insights into the factors contributing to the final price of height-adjustable desks and the raw materials used in their manufacturing. It also discusses potential strategies for industry growth in the mid to long-term, including entry strategies, countermeasures to economic impact, and marketing channels.
The report concludes with a detailed analysis of the impact of COVID-19 and the Russia-Ukraine war on the height-adjustable desk industry. It provides a comprehensive overview of the market, including product overview, classification by type and application, and market size and forecast.
In conclusion, the global height-adjustable desk market is expected to witness significant growth in the coming years due to increasing health awareness, rising demand in various applications, and strategic developments in the industry. As more people understand the health benefits of these desks and learn how to choose the best sit stand desk for their needs, the market is expected to further expand.
