standing-desk-market

Standing Desks Market By Type (Standard (Fixed) Standing Desks, Mechanical Adjustable Standing Desks, Electrically Adjustable Standing Desk, Converter Standing Desk), By Application (Corporate Office, Education, Residential, Healthcare, Manufacturing) - Growth, Future Prospects And Competitive Analysis 2021 – 2029

08 Oct 2020 Format PDF icon PPT icon XLS icon Request Sample

Sitting for long periods of time may have harmful effects on human body, resulting into injury to spine as well as cardiovascular disorders. Regardless of the nature of work, it is highly important for human body to have an active lifestyle. According to the World Health Organization (WHO), nearly 2 Mn deaths per year are caused due to physical inactivity. As a result, sedentary lifestyle forms among the top 10 leading caused leading to death and disability across the world. Prolonged sitting is proven to be a major cause of several disorders including back/neck pain, obesity and high risk of increased blood sugar and heart diseases. This makes it highly essential to change our daily lifestyle by adding substantial amount of physical activity.

Standing desks refer to ergonomic furniture designed for working/writing/reading while standing or sitting on a high stool/lean chair. These desks can be used by replacing the existing furniture altogether or simply as a converter desk. Standing for nearly 3 to 4hrs help faster calorie burnout and metabolism as compared to continuous sitting posture. In addition, people using standing desks have reported of feeling more energetic and productive as compared to sitting posture. Similarly, using standing desks has proven to be effective on back/neck pain leading to better health of the people. The demand for standing desks is expected to be driven by the rising adoption of ergonomic furniture across different applications. Additionally, growing health issues related to sedentary lifestyle is another major factor pushing people towards adopting standing desks, prominently at their workplaces.

Standing Desks Market

The report titled “Global Standing Desk Market- Growth, Future Prospects and Competitive Analysis, 2021 – 2029” offers strategic insights into the global standing desk market along with the market size and estimates for the duration 2019 to 2029. The said research study covers in-depth analysis of market segments based on product type, application and cross-sectional study across different geographies and sub-geographical regions. The study covers the comparative analysis of different segments for the years 2020 & 2029. The report also provides a prolific view on market dynamics such as market drivers, restraints and opportunities. The report includes a separate section highlighting the consumer behavior analysis towards standing desk. The section provides analysis regarding purchasing trends and opinions for the following categories:

  • By Gender: Male vs. Female
  • By Age Group: Below 20yrs, 21 to 35yrs, 36 to 50yrs and above 50yrs
  • By Product Type: Standard/Fixed, Adjustable and Converter

In order to help strategic decision makers, the report also includes competitive profiling of the leading standing desk vendors, their business strategy analysis, market positioning and key developments. Some of the major players profiled in the report are SquareGrove LLC, AFC Industries, Inc., Ergotron, Inc. (Nortek, Inc.), Evodesk.com, Inc., Workrite Ergonomics, Inc., UpDesk, Humanscale, Steelcase, Inc., NextDesk, Inc., and IKEA. Other in-depth analysis provided in the report includes:

  • Current and future market trends to justify the forthcoming attractive markets within the standing desk industry
  • Market fuelers, market impediments, and their impact on the market growth
  • In-depth competitive environment analysis
  • Trailing 2-Year market size data (2019 – 2020)
  • SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global standing desk market, offering market size and estimates for the period from 2021 to 2029, keeping in mind the above mentioned factors.

Based on the product type, the global standing desk market is segmented into following categories:

  • Standard/Fixed Standing Desk
  • Mechanically Adjustable Standing Desk
  • Electrically Adjustable Standing Desk
  • Converter Standing Desk 

In 2020, the overall standing desks market worldwide was dominated by the mechanically adjustable standing desks segment. These standing desks can be easily altered for its height, making it suitable for larger number of users. Due to less cost as compared to the electrical counterparts, mechanical standing desks have witnessed higher preference in the market. Nevertheless, in the following years, converter standing desk segment is estimated to register the high growth. Converter standing desk allow consumers to sit-stand as per their convenience. In addition, since converter desks are simply mounted on the existing furniture, it eliminates the additional cost and inconvenience for replacing for the existing infrastructure. The segment is anticipated to surpass the mechanically adjustable segment by 2029. Similarly, electrically adjustable standing desk segment too is projected to demonstrate high adoption in the following years.

In 2020, the global standing desks market is dominated by the North America region contributing to nearly 40% of the overall market revenue. Since the 2014, North America has portrayed high demand for standing desks. Due to high health awareness and motivation from the employers, standing desks market here is set to witness robust growth during the forecast period. In addition, the region is home to large number of standing desk manufacturers, thereby supporting the market growth. Subsequently, the region is projected to retain its dominant position in the market throughout the forecast period. In the following years, the Asia Pacific region is anticipated to register the highest growth rate in the global market.

Historical & Forecast Period

This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Standing Desks market are as follows:

  • Research and development budgets of manufacturers and government spending
  • Revenues of key companies in the market segment
  • Number of end users and consumption volume, price and value.
  • Geographical revenues generate by countries considered in the report
  • Micro and macro environment factors that are currently influencing the Standing Desks market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

ATTRIBUTE DETAILS
Research Period  2022-2032
Base Year 2023
Forecast Period  2024-2032
Historical Year  2022
Unit  USD Million
Segmentation
Type
  • Standard (Fixed) Standing Desks
  • Mechanical Adjustable Standing Desks
  • Electrically Adjustable Standing Desk
  • Converter Standing Desk

Application
  • Corporate Office
  • Education
  • Residential
  • Healthcare
  • Manufacturing

Sales Channel
  • Manufacturer/Distributor/Service Provider
  • Aftermarket

 Region Segment (2022-2032; US$ Million)

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • UK and European Union
    • UK
    • Germany
    • Spain
    • Italy
    • France
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC
    • Africa
    • Rest of Middle East and Africa

Key questions answered in this report

  • What are the key micro and macro environmental factors that are impacting the growth of Standing Desks market?
  • What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
  • Estimated forecast and market projections up to 2032.
  • Which segment accounts for the fastest CAGR during the forecast period?
  • Which market segment holds a larger market share and why?
  • Are low and middle-income economies investing in the Standing Desks market?
  • Which is the largest regional market for Standing Desks market?
  • What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
  • Which are the key trends driving Standing Desks market growth?
  • Who are the key competitors and what are their key strategies to enhance their market presence in the Standing Desks market worldwide?
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