The global computer table market size is expected to grow rapidly due to its widespread adoption in households, educational institutes, workplaces, and other spaces. Further, the strong demand for comfortable working desks is expected to enhance industry progress. Fortune Business Insights™ presents this information in its report titled “Computer Table Market, 2024-2032.”
COVID-19 Impact
Manufacturing Restrictions to Impede Market Progress
This market is expected to be negatively affected during the COVID-19 pandemic due to the restrictions imposed on manufacturing. Lockdown restrictions hampered production activities and hindered the adoption of the product. Further, the lack of transport resulted in a lack of resources required to produce computer tables. However, post-COVID relaxations have enabled companies to resume their activities and enhance their overall performance in the market.
Information Source: https://www.fortunebusinessinsights.com/computer-table-market-105763
List of Key Players Profiled in the Computer Table Market Report
- IKEA (Delft, Netherlands)
- Herman Miller (Zeeland, Michigan, U.S.)
- HON furniture (Muscatine, Iowa)
- Steelcase (Michigan, U.S.)
- Kodi Furnitures (Pune, India)
- Qu Mei Home Furnishings Group Co., Ltd. (China)
- QuanYou (China)
- Knoll (Pennsylvania, U.S.)
- Haworth (Michigan, U.S.)
- Kinnarps Holding AB (Kinnarp, Sweden)
- Lienhard Office Group AG (Degersheim, Switzerland)
Segmentation
By product type, the market is segmented into combination computer desk, corner computer desk, and others. By material, it is classified into wooden, steel, and glass. Based on application, it is bifurcated into household and commercial. As per the distributional channel, it is classified into offline retail, furniture retail outlets, supermarkets/hypermarkets, exclusive showroom, online retail, and others. Geographically, it is clubbed into North America, Europe, Asia Pacific, South America, and the Middle East & Africa.
Report Coverage
The report provides a detailed analysis of the top segments and the latest trends in the market. It comprehensively discusses the driving and restraining factors and the impact of COVID-19 on the market. Additionally, it examines the regional developments and the strategies undertaken by the market’s key players.
Driving Factors
Adoption of Work from Home to Foster Market Progress
A computer table is made from wooden, titanium, or other materials. It offers adjustable height and features to offer users a comfortable working experience. For example, JIN Office incorporated an airlift hydraulic height adjustment feature in its table to offer comfort features to its users. Most computer tables offer a keyboard tray and drawers to offer various storage essentials. The adoption of work from home enhanced computer sales, thereby enhancing the demand for computer tables. Further, the rising incidences of neck injuries and muscle discomfort in workplaces facilitated the adoption of desks with advanced materials and features. Moreover, improvement in workplaces and the emergence of several businesses are expected to drive the computer table market growth.
However, high prices of desks with fully decked features may hinder the market’s growth.
Regional Insights
Presence of Major Players to Foster Market Growth in North America
North America is expected to dominate the computer table market share because of the presence of several major players such as Haworth, HON, and Herman Miller. Further, the rising internet penetration and office and commercial block construction development are expected to escalate market progress. These factors may enhance the market growth in the upcoming years.
In Asia Pacific, rising income and prevailing work conditions are expected to bolster the demand for computer tables. Further, reduced computer sizes and workplace digitization is expected to enhance sales. As per the information provided by the newest IDC Quarterly Personal Computing Devices Tracker, the PC market, including workstations, desktops, and notebook markets, escalated by 3.8%, completing 103.3 million devices within Asia Pacific in 2019. These factors may propel market growth in the region.
Competitive Landscape
Prominent Players Invest in Renewable Energy to Enhance Supply Chain
Prominent companies operating in the market heavily invest in renewable energy to enhance the supply chain. For example, IKEA declared its investment of USD 2.8 billion in renewable energy development in September 2019. Through this investment, the company aims to enhance its supply chain. Furthermore, companies devise research and development, mergers, collaborations, expansions, and automation to improve product quality, enhance performance, and achieve organizational goals and global market position.
Key Industry Development
- December 2019- Herman Miller India received the Stars of the Industry Awards 2019. It was held by ET Now to award companies with Excellence in Corporate Social Responsibility in the ‘Innovations in Corporate Social Responsibility category.
