Home Office Furniture - Iran | Statista Market Forecast

In Iran, the revenue generated in the Home Office Furniture market in 2024 amounts to US$194.90m.
It is projected that this market will experience an annual growth rate of -1.00% (CAGR 2024-2029).
When compared to other countries worldwide, United States leads the way with a revenue of US$19bn in 2024.
Looking at the population figures, in 2024, per person revenues in Iran amount to US$2.17.
The demand for ergonomic and space-saving home office furniture is rapidly increasing in Iran as more people shift to remote work.

Definition:

The Home Office Furniture segment focuses on furniture found in the home that provide a comfortable and motivating work space. The purpose of home office furniture is to ensure a good working environment similar to that of a traditional office as working from home has become more popular in recent years. This segment includes objects such as swivel seats and office tables; however, furniture such as dining tables and chairs are not included. Consumer electronics and lamps & lighting are also excluded from this segment.

Structure:

The segment is divided into two subsegments:

The Desk & Chairs subsegment covers home office furniture designed to provide comfort, functionality, and ergonomic support to enhance productivity and improve the overall working experience.
The Bookcases & Filing Cabinets subsegment covers furniture pieces designed for storage and organization of books, files, documents, and other materials. These products are available in various sizes, styles, and materials to suit different needs and preferences.

Additional Information:

The Home Office Furniture segment consists of revenue and average revenue per capita data. Per capita figures consider the whole population. This segment includes only business to consumer (B2C) sales. Business to business (B2B) sales (e. g., furniture for coffee shops, offices, etc.) are excluded in the figures shown. For more information on the displayed data, click the info button on the right-hand side of each box. In terms of key players in the furniture market, IKEA is the leading furniture company; however, with the rise of eCommerce, players such as Wayfair are gaining ground.

Office chairs and swivel seats
Office desks and tables
Filing Cabinets and drawers
Bookcases
Office stools

Consumer electronics
Household appliances
Lamps and lighting
Dining and bar tables

The Home Office Furniture market in Iran is experiencing significant growth and development in recent years.

Customer preferences: Customers in Iran are increasingly valuing comfort and functionality when it comes to home office furniture. They are looking for ergonomic designs that provide support and promote productivity during long hours of work. Additionally, there is a growing demand for furniture that maximizes space utilization, as many Iranians have limited space in their homes for dedicated office areas.

Trends in the market: One of the key trends in the Home Office Furniture market in Iran is the increasing popularity of adjustable and modular furniture. These types of furniture allow customers to customize their workspace according to their needs and preferences. With the rise of remote work and flexible working arrangements, Iranians are looking for versatile furniture that can adapt to different work styles and requirements. Another trend in the market is the growing demand for environmentally friendly and sustainable furniture. Iranians are becoming more conscious of their environmental impact and are seeking furniture made from sustainable materials and manufactured using eco-friendly processes. This trend is driven by a combination of consumer awareness and government initiatives promoting sustainability.

Local special circumstances: Iran has a large and young population, which contributes to the growth of the Home Office Furniture market. The younger generation, in particular, is more likely to adopt remote work and freelancing opportunities, creating a need for home office furniture. Additionally, the COVID-19 pandemic has accelerated the adoption of remote work in Iran, leading to an increased demand for home office furniture as people set up dedicated workspaces in their homes.

Underlying macroeconomic factors: Iran is experiencing economic growth, which has a positive impact on the Home Office Furniture market. As the economy expands, more Iranians are able to afford home office furniture and invest in creating comfortable and productive workspaces. Additionally, the government has implemented policies to support the growth of the furniture industry, including providing incentives for local manufacturers and promoting exports. In conclusion, the Home Office Furniture market in Iran is growing and evolving to meet the changing needs and preferences of customers. The demand for ergonomic and space-saving furniture, as well as environmentally friendly options, is driving market trends. The local special circumstances, such as a young population and the rise of remote work, contribute to the market's growth. Overall, the positive macroeconomic factors and government support further fuel the development of the Home Office Furniture market in Iran.

Data coverage:

Data encompasses B2C enterprises. Figures are based on home furnishings and furniture found in every room of the home. This market is categorized by the room where the furniture is likely to be used and consists of the following: Living Room, Bedroom, Kitchen & Dining room, Outdoor, Home Office, and Baby & Children's Furniture. The Furniture market also includes Lamps and Lighting and Home Décor because the furnishings and accessories within these categories are not specific to any room.

Modeling approach / Market size:

Market sizes are determined by a top-down approach, based on a specific rationale for each market segment. As a basis for evaluating markets, we use national statistical offices, international institutions, in-house market research, and resources from the Statista platform. Next we use relevant key market indicators and data from country-specific associations such as consumer spending and GDP. This data helps us to estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, exponential trend smoothing is well suited for forecasting the Furniture market with a projected steady growth. The main drivers are furniture and furnishings, carpets and other floor coverings, and consumer spending per capita.

Additional Notes:

The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.

This report presents a comprehensive analysis and additional information on the Consumer market, in a PDF format.

From homeware to office furniture, even expanding over to pet care, the furniture industry is all-encompassing and ever-growing. Be it homes, schools, offices, or even outdoors, furniture is what gives a room its function and purpose.