Advance Market Analytics released the research report of Global Conference Table Market, offers a detailed overview of the factors influencing the global business scope. Global Conference Table Market research report shows the latest market insights with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the Global Conference Table. This Report covers the emerging player's data, including: competitive situation, sales, revenue and global market share of top manufacturers are Steelcase (United States), Herman Miller (United States), Wilkhahn (Germany), Haworth (United States), HNI Group (United States), Okamura Corporation (Japan), Kimball Office (United States), Quadra AV Furniture (United Kingdom), AURORA (Canada), Amardeep Designs India Pvt Ltd (India) and Stebul Furniture Ltd. (United Kingdom)
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The conference table is the table that conferees sit around while holding a meeting. The conference room is an area wherein a conference can be held and a table is used for the purpose of sitting and discussing all the important decisions for the organization. Executive managers nowadays spend on an average of 80% of their complete working days in the meetings, workshops, seminars, and conferences, 50% of the middle managers and around 20% of the office workers– and this trend is rising continuously. Which makes the customization of the conference room planning all the more important for the organizations. Hence these factors would in turn help in boosting the conference table market near future.
Market Drivers
- Changing Lifestyle Standard Fueled by the Rise in Disposable Income
- Growing Popularity of Workplace Decorating Products
- Growing Number of Corporate Offices and Schools Across Different Regions
Market Trend
- Growing Demand for Eco-friendly Furniture Materials
- Focus on Indoor and Outdoor Mingle of Furniture Items
- Rising Demand for Premium and Luxury Furniture from Corporates
Restraints
- Fluctuating Raw Material Prices
- Designing Premium Yet Affordable Conference Tables
Opportunities
- Increasing Application in Large Corporate and Governmental Meetings
- Growing Demand from the Developing Economies
- Replacement of Existing Bar Tables with Brand New and Innovative Table Products
Challenges
- The Dominance of Local Manufacturers
- Availability of Substitute Products
The Global Conference Table Market segments and Market Data Break Down are illuminated below:
Type (Traditional, Customized), Application (Enterprises, School, Government), Shape (Square, Round, Others), Distribution Channel (Online, OEM, Specialty Stores, Super Market, Hypermarkets, Others), Material Type (Glass, Metal, Wood), Number of Seaters (4 - 5, 5 - 9, 10 - 14, 15 - 20, Others)