According to a market report, published by Sheer Analytics and Insights, the global standing desk market was valued at $6.7 billion in 2021 and it is expected to reach $16.7 billion at a CAGR of 9.2% between 2022 and 2032. . At present days, standing desk is becoming popular in several regional countries. A large number of people are using standing desks due to several health benefits. Hence, this desk has become more energetic and productive as compared to the sitting desk posture. People with back or neck pain like to use a standing desk that gives them comfort in their body posture. Thus, the demand for standing desks is growing globally. The market for standing desks is estimated to be driven by the rising adoption of various kinds of standing desks including ergonomic furniture in multiple applications. Due to the rising need for office spaces and co-working spaces, the market is projected to grow at a rapid pace. Multiple firms and end-user industries have a lot of office space too. These offices are adopting standing desks at present days, which would also drive the market growth over the forecast period.
There are several major factors such as their ability to decrease downtime and improve performance. Additionally, a standing desk is also widely used among a large number of people as this could prevent avoidable back problems. In addition, height-adjustable desks are becoming popular in many emerging countries as well as in developed countries. These major factors are anticipated to accelerate the growth of the market during the forecast period. Many local and international players are producing standing desks due to this growing demand, which would also propel the market growth globally. Innovative productions are in the demand at present days. Several types of the standing desk have caught the attention of the people, which is another plus point for the market.
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However, several primary restraints have become the major obstacles for the global standing desk market. One of them is the high cost of the products price. Some under-developing nations and their key players are not getting enough investments to produce this kind of desk for their people. Moreover, people from this area cannot afford standing desks in the international retail market as these are expensive products for them. Due to the low income of people in these under-developing countries, the market is expected to witness some restraints. Moreover, another major factor is also hampering the market and that is a lack of understanding of the advantages of several types of standing desks among these people. Hence, proper awareness is more needed for a large wide number of customers.
A couple of years ago, the outbreak of the COVID-19 pandemic negatively impacted the global desk market due to complete lockdowns several times. This issue stopped all the key players and the manufacturing market from standing at desks to make new productions. Additionally, this pandemic also stopped both the production as well as the supply chain of raw materials. However, the market is again gradually witnessing growth opportunities due to increasing demand for various types of the standing desk. Some key players globally are trying to use some business strategies such as mergers and acquisitions to stay ahead in the global market.
Some new developments in the standing desk market:
- In 2021, Steelcase introduced more than 40 new products including desk furniture for new employee needs in the office. These are designed to fulfill the emerging needs and expectations of workers based on new global research.
- In 2020, Deskmakers launched Ascend, a height-adjustable case goods line that encourages greater mobility in corporate offices while maintaining a refined design aesthetic.
- In 2022, D2C Furniture brand Duraster.com has launched 3 AR-Powered experience stores. This AR would be at the core by allowing their customers to visualize and customize furniture before buying it.
Therefore, these new launches are expected to drive the growth of the global standing desk market during the forecast period from 2022 to 2032.
According to the study, key players dominating the global standing desk market are AFC Industries (U.S), Deskmakers (U.S), Fantasy Furniture (India), Global Furniture Group (Canada), HNI Corporation (U.S), HumanScale (U.S), Haworth International (U.S), Kinnarps Holding AB (Sweden), Kokuyo (Japan), Loctek Ergonomic (China), Okamura Corporation (Japan), Qidong Vision Mounts Manufacturing (China), Steelcase (India), SquareGrove (U.S), Teknion Corporation (Canada), UpDesk (U.S), VariDesk (U.S), among others.
The Global Standing Desk Market Has Been Segmented Into:
The Global Standing Desk Market – by Product Type:
- Fixed Standing Desk
- Mechanically Adjusted Desk
- Electrically Adjusted Desk
- Converter Standing Desk
The Global Standing Desk Market – by End-User Type:
- Household
- Commercial
The Global Standing Desk Market – by Distribution Channel Type:
- Online
- Offline
The Global Standing Desk Market – by Regions:
North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- France
- Italy
- U.K.
- Russia
- Rest of Europe Countries
Asia-Pacific
- India
- China
- Japan
- South Korea
- North Korea
- Rest of Asian Countries
LAMEA
- Brazil
- Saudi Arabia
- Rest of LAMEA
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