The global COVID-19 pandemic has been unprecedented and mind-boggling, with cubicles and partitions experiencing higher-than-anticipated demand across all regions when compared to pre-pandemic levels. According to the research conducted by SPER Market Research, the market is expected to reach USD 9.62 billion by 2030, with a CAGR of 5.4% over the forecast period. The sudden increase in CAGR is due to demand returning to pre-pandemic levels once the pandemic has ended.
The global cubicles and partition market is expected to expand due to new product launches by market players. Several market players have launched new and advanced office furniture with enhanced capabilities. Manufacturers have taken the necessary steps to allow workers to sit comfortably, relax, and maintain their posture. New cubicles and partitions have been designed to allow employees to work comfortably. New workspace furniture is mobile, technologically compatible, multifunctional, and ergonomically designed. During the forecast period, new products launched by leading market players are expected to present opportunities for market growth.
The global Cubicles and Partition Market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; Ahrend, Aurora, Bene, Clestra Hauserman, EF, Fursys, Haworth, Herman Miller, HNI Corporation, ITOKI, KI, Kinnarps, Knoll, Martela, Okamura Corporation, Onlead, Quama, Sedus Stoll, Steelcase, Teknion.
SPER Market Research study aims to provide market dynamics, demand and supply with yearly forecast to 2030. This report provides data for growth estimates and forecasts for type segment - Cubicles and Partition, for application segment- Office, Healthcare, Government, Others.
This report also provides the data for key regional segments of North America, Europe, Asia-Pacific and Rest of the World.
This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.