Key Insights
The South Korea office furniture market, valued at $691.20 million in 2025, is projected to experience steady growth, driven by several key factors. The increasing number of startups and established businesses in the burgeoning South Korean economy fuels demand for modern and functional office spaces. Furthermore, a growing emphasis on employee well-being and productivity is leading companies to invest in ergonomic furniture and aesthetically pleasing office environments. This trend is particularly evident in the segments of ergonomic chairs and desks, where market share is anticipated to grow significantly over the forecast period. While the online distribution channel is expanding, the offline segment remains dominant, reflecting the importance of physical showrooms for consumers to assess furniture quality and comfort. The prevalent materials remain wood and metal, showcasing a preference for durability and classic aesthetics, although the “other materials” segment, likely encompassing innovative and sustainable options, is anticipated to witness incremental growth. Competitive rivalry amongst key players like Armindo, Livart Furniture, and Fursys fuels innovation and pushes prices down, making office furniture more accessible.
South Korea Office Furniture Market Market Size (In Million)
However, economic fluctuations and potential global supply chain disruptions could pose challenges to market growth. The ongoing COVID-19 pandemic’s lingering impact on workplace trends (remote work, hybrid models) might influence demand for certain furniture types, potentially slowing growth in some areas, while increasing others, particularly in furniture supporting remote work environments. Nevertheless, considering South Korea's economic resilience and ongoing investments in infrastructure, the long-term outlook for the office furniture market remains positive, with a projected CAGR of 3.14% from 2025 to 2033. The market segmentation highlights opportunities for specialized manufacturers to cater to specific needs, such as sustainable or technologically advanced furniture solutions.
South Korea Office Furniture Market Company Market Share
South Korea Office Furniture Market: A Comprehensive Report (2019-2033)
This in-depth report provides a comprehensive analysis of the South Korea office furniture market, offering valuable insights for industry stakeholders. Covering the period from 2019 to 2033, with a focus on 2025, this report delves into market structure, competitive dynamics, industry trends, and future growth potential. The report includes detailed segmentation by product type (Chairs, Tables, Storage Cabinets, Desks, Other Office Furniture), material (Wood, Metal, Plastic, Other Materials), and distribution channel (Offline, Online). Market size is presented in Millions.
South Korea Office Furniture Market Structure & Competitive Dynamics
The South Korea office furniture market exhibits a moderately concentrated structure, with a few dominant players and numerous smaller companies. The market is characterized by a dynamic innovation ecosystem, driven by technological advancements in ergonomics, material science, and design. The regulatory framework plays a significant role, impacting product safety standards and environmental regulations. Product substitutes, such as shared workspaces and home office setups, present challenges. End-user trends, particularly towards sustainable and technologically advanced furniture, are reshaping the market landscape. Mergers and acquisitions (M&A) activity has been moderate in recent years, with deal values averaging xx Million. Key players such as Fursys Inc and Sangdo Furniture Co Ltd maintain significant market share. Market share data for 2025 is estimated as follows: Fursys Inc (xx%), Sangdo Furniture Co Ltd (xx%), Livart Furniture Co Ltd (xx%), with the remaining market share distributed among other players. The number of M&A deals in the period 2019-2024 totaled xx, with a total deal value of approximately xx Million.
South Korea Office Furniture Market Industry Trends & Insights
The South Korean office furniture market is projected to experience a Compound Annual Growth Rate (CAGR) of xx% during the forecast period (2025-2033), driven by several factors. Strong economic growth and increasing urbanization contribute to rising demand for office spaces and modern furniture. Technological disruptions, such as the integration of smart technology in office furniture and the rise of e-commerce, are transforming the industry. Consumer preferences are shifting towards ergonomic designs, sustainable materials, and customized solutions. Competitive dynamics are intense, with established players focusing on innovation and expansion, while new entrants leverage technological advancements and niche market segments. Market penetration of online sales channels is increasing steadily, with an estimated xx% of total sales in 2025. The increasing adoption of open-plan office layouts also fuels demand for flexible and adaptable furniture solutions.
Dominant Markets & Segments in South Korea Office Furniture Market
Leading Segment: The Chairs segment dominates the market, accounting for an estimated xx% of total revenue in 2025. This is fueled by the high demand for ergonomic seating solutions in modern workplaces. The Offline distribution channel currently holds the largest market share, but the Online channel is experiencing rapid growth.
Key Drivers for Dominant Segments:
- Economic Growth: Sustained economic expansion fuels investment in office infrastructure.
- Urbanization: Increased concentration of businesses in urban areas boosts demand.
- Technological Advancements: Innovative designs and features attract customers.
- Government Policies: Supportive policies promoting ergonomic workplaces.
Dominance Analysis: The dominance of chairs is attributed to factors such as increasing awareness of workplace ergonomics and the growing prevalence of sedentary lifestyles. Offline channels maintain a strong position due to the tangible nature of office furniture and the preference for physical inspection before purchase.
South Korea Office Furniture Market Product Innovations
Recent years have witnessed significant innovation in South Korea's office furniture sector, with a focus on ergonomics, smart technology integration, and sustainable materials. Manufacturers are introducing chairs with advanced lumbar support and adjustable features, desks with height-adjustable mechanisms, and storage solutions incorporating smart organization systems. The integration of technology, such as built-in charging ports and wireless connectivity, adds value and enhances functionality. Sustainable materials like recycled wood and bioplastics are gaining popularity, reflecting growing environmental awareness. These innovations cater to evolving workplace needs and enhance user experience, leading to a competitive edge in the market.
Report Segmentation & Scope
This report segments the South Korea office furniture market based on product type, material, and distribution channel.
Product Type: Chairs, Tables, Storage Cabinets, Desks, and Other Office Furniture. Growth projections vary across these categories, with chairs and desks showing the strongest growth.
Material: Wood, Metal, Plastic, and Other Materials. The preference for materials depends on factors such as cost, durability, and aesthetics.
Distribution Channel: Offline and Online. Online sales are rapidly expanding, presenting opportunities and challenges for businesses. The competitive landscape differs for each channel.
Key Drivers of South Korea Office Furniture Market Growth
Several factors drive the growth of the South Korea office furniture market:
- Economic Growth: The expanding economy fuels increased investment in office spaces and infrastructure.
- Technological Advancements: Innovation in design, ergonomics, and materials enhances product appeal and functionality.
- Changing Workplace Dynamics: The adoption of flexible work arrangements and open-plan offices drives demand for adaptable furniture.
- Government Initiatives: Policies promoting workplace safety and ergonomics support market growth.
Challenges in the South Korea Office Furniture Market Sector
The South Korean office furniture market faces challenges such as:
- Increased Competition: Intense competition from both domestic and international players puts pressure on pricing and margins.
- Supply Chain Disruptions: Global supply chain uncertainties can affect the availability of raw materials and components.
- Fluctuating Raw Material Costs: Price volatility for wood, metal, and plastic impacts production costs.
- Environmental Regulations: Stricter environmental standards necessitate adjustments in manufacturing processes and material choices.
Leading Players in the South Korea Office Furniture Market Market
- Armindo
- Livart Furniture Co Ltd
- Kaos Co Ltd
- Fursys Inc
- Sangdo Furniture Co Ltd
- Merryfair
- Yhahoung Office Furniture Co Ltd
- Patra Co Ltd
- Dawon Chair
- Fomers Furniture
Key Developments in South Korea Office Furniture Market Sector
- November 2023: Nitori Co., known as Japan's IKEA, opened its first South Korean store, signaling increased competition and potential market disruption.
- March 2022: Gen.G Esports and FURSYS' Sidiz chair brand renewed their partnership, expanding their marketing efforts globally. This highlights the increasing importance of branding and strategic alliances.
Strategic South Korea Office Furniture Market Outlook
The South Korea office furniture market presents significant growth opportunities. Continued economic growth, increasing urbanization, and the rising adoption of advanced technologies will drive demand. Companies focusing on innovation, sustainability, and customer experience will be well-positioned to capitalize on this potential. Strategic alliances, expansion into online channels, and diversification of product offerings are crucial for success in this competitive market. The long-term outlook is positive, with continued market expansion expected throughout the forecast period.
South Korea Office Furniture Market Segmentation
-
1. Type
- 1.1. Chairs
- 1.2. Tables
- 1.3. Storage Cabinets
- 1.4. Desks
- 1.5. Other Office Furniture
-
2. Material
- 2.1. Wood
- 2.2. Metal
- 2.3. Plastic
- 2.4. Other Materials
-
3. Distribution Channel
- 3.1. Offline
- 3.2. Online
South Korea Office Furniture Market Segmentation By Geography
- 1. South Korea
South Korea Office Furniture Market Regional Market Share
Geographic Coverage of South Korea Office Furniture Market
South Korea Office Furniture Market REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2020-2034 |
| Base Year | 2025 |
| Estimated Year | 2026 |
| Forecast Period | 2026-2034 |
| Historical Period | 2020-2025 |
| Growth Rate | CAGR of 3.14% from 2020-2034 |
| Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Rise in New Offices in South Korea; Wide Range of Design Broadening Consumer Base
- 3.3. Market Restrains
- 3.3.1. Fluctuations in Raw Material Prices and Rise in Shipping Prices; Intense Competition from Both Local and International Players
- 3.4. Market Trends
- 3.4.1. Rise in Commercial Offices in South Korea is Driving the Growth in the Market
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. South Korea Office Furniture Market Analysis, Insights and Forecast, 2020-2032
- 5.1. Market Analysis, Insights and Forecast - by Type
- 5.1.1. Chairs
- 5.1.2. Tables
- 5.1.3. Storage Cabinets
- 5.1.4. Desks
- 5.1.5. Other Office Furniture
- 5.2. Market Analysis, Insights and Forecast - by Material
- 5.2.1. Wood
- 5.2.2. Metal
- 5.2.3. Plastic
- 5.2.4. Other Materials
- 5.3. Market Analysis, Insights and Forecast - by Distribution Channel
- 5.3.1. Offline
- 5.3.2. Online
- 5.4. Market Analysis, Insights and Forecast - by Region
- 5.4.1. South Korea
- 5.1. Market Analysis, Insights and Forecast - by Type
- 6. Competitive Analysis
- 6.1. Market Share Analysis 2025
- 6.2. Company Profiles
- 6.2.1 Armindo
- 6.2.1.1. Overview
- 6.2.1.2. Products
- 6.2.1.3. SWOT Analysis
- 6.2.1.4. Recent Developments
- 6.2.1.5. Financials (Based on Availability)
- 6.2.2 Livart Furniture Co Ltd
- 6.2.2.1. Overview
- 6.2.2.2. Products
- 6.2.2.3. SWOT Analysis
- 6.2.2.4. Recent Developments
- 6.2.2.5. Financials (Based on Availability)
- 6.2.3 Kaos Co Ltd
- 6.2.3.1. Overview
- 6.2.3.2. Products
- 6.2.3.3. SWOT Analysis
- 6.2.3.4. Recent Developments
- 6.2.3.5. Financials (Based on Availability)
- 6.2.4 Fursys Inc
- 6.2.4.1. Overview
- 6.2.4.2. Products
- 6.2.4.3. SWOT Analysis
- 6.2.4.4. Recent Developments
- 6.2.4.5. Financials (Based on Availability)
- 6.2.5 Sangdo Furniture Co Ltd
- 6.2.5.1. Overview
- 6.2.5.2. Products
- 6.2.5.3. SWOT Analysis
- 6.2.5.4. Recent Developments
- 6.2.5.5. Financials (Based on Availability)
- 6.2.6 Merryfair
- 6.2.6.1. Overview
- 6.2.6.2. Products
- 6.2.6.3. SWOT Analysis
- 6.2.6.4. Recent Developments
- 6.2.6.5. Financials (Based on Availability)
- 6.2.7 Yhahoung Office Furniture Co Ltd
- 6.2.7.1. Overview
- 6.2.7.2. Products
- 6.2.7.3. SWOT Analysis
- 6.2.7.4. Recent Developments
- 6.2.7.5. Financials (Based on Availability)
- 6.2.8 Patra Co Ltd
- 6.2.8.1. Overview
- 6.2.8.2. Products
- 6.2.8.3. SWOT Analysis
- 6.2.8.4. Recent Developments
- 6.2.8.5. Financials (Based on Availability)
- 6.2.9 Dawon Chair
- 6.2.9.1. Overview
- 6.2.9.2. Products
- 6.2.9.3. SWOT Analysis
- 6.2.9.4. Recent Developments
- 6.2.9.5. Financials (Based on Availability)
- 6.2.10 Fomers Furniture
- 6.2.10.1. Overview
- 6.2.10.2. Products
- 6.2.10.3. SWOT Analysis
- 6.2.10.4. Recent Developments
- 6.2.10.5. Financials (Based on Availability)
- 6.2.1 Armindo
List of Figures
- Figure 1: South Korea Office Furniture Market Revenue Breakdown (Million, %) by Product 2025 & 2033
- Figure 2: South Korea Office Furniture Market Share (%) by Company 2025
List of Tables
- Table 1: South Korea Office Furniture Market Revenue Million Forecast, by Type 2020 & 2033
- Table 2: South Korea Office Furniture Market Volume K Unit Forecast, by Type 2020 & 2033
- Table 3: South Korea Office Furniture Market Revenue Million Forecast, by Material 2020 & 2033
- Table 4: South Korea Office Furniture Market Volume K Unit Forecast, by Material 2020 & 2033
- Table 5: South Korea Office Furniture Market Revenue Million Forecast, by Distribution Channel 2020 & 2033
- Table 6: South Korea Office Furniture Market Volume K Unit Forecast, by Distribution Channel 2020 & 2033
- Table 7: South Korea Office Furniture Market Revenue Million Forecast, by Region 2020 & 2033
- Table 8: South Korea Office Furniture Market Volume K Unit Forecast, by Region 2020 & 2033
- Table 9: South Korea Office Furniture Market Revenue Million Forecast, by Type 2020 & 2033
- Table 10: South Korea Office Furniture Market Volume K Unit Forecast, by Type 2020 & 2033
- Table 11: South Korea Office Furniture Market Revenue Million Forecast, by Material 2020 & 2033
- Table 12: South Korea Office Furniture Market Volume K Unit Forecast, by Material 2020 & 2033
- Table 13: South Korea Office Furniture Market Revenue Million Forecast, by Distribution Channel 2020 & 2033
- Table 14: South Korea Office Furniture Market Volume K Unit Forecast, by Distribution Channel 2020 & 2033
- Table 15: South Korea Office Furniture Market Revenue Million Forecast, by Country 2020 & 2033
- Table 16: South Korea Office Furniture Market Volume K Unit Forecast, by Country 2020 & 2033
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the South Korea Office Furniture Market?
The projected CAGR is approximately 3.14%.
2. Which companies are prominent players in the South Korea Office Furniture Market?
Key companies in the market include Armindo, Livart Furniture Co Ltd, Kaos Co Ltd, Fursys Inc, Sangdo Furniture Co Ltd, Merryfair, Yhahoung Office Furniture Co Ltd, Patra Co Ltd, Dawon Chair, Fomers Furniture.
3. What are the main segments of the South Korea Office Furniture Market?
The market segments include Type, Material, Distribution Channel.
4. Can you provide details about the market size?
The market size is estimated to be USD 691.20 Million as of 2022.
5. What are some drivers contributing to market growth?
Rise in New Offices in South Korea; Wide Range of Design Broadening Consumer Base.
6. What are the notable trends driving market growth?
Rise in Commercial Offices in South Korea is Driving the Growth in the Market.
7. Are there any restraints impacting market growth?
Fluctuations in Raw Material Prices and Rise in Shipping Prices; Intense Competition from Both Local and International Players.
8. Can you provide examples of recent developments in the market?
November 2023: Nitori Co., often referred to as Japan's IKEA, launched its inaugural store in South Korea, furthering its expansion efforts across Asia. This move aligns with Nitori Co.'s ambition to expand its total store count from 902 to 3,000 by 2032, primarily through new store openings in international markets.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 3800, USD 4500, and USD 5800 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in Million and volume, measured in K Unit.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "South Korea Office Furniture Market," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the South Korea Office Furniture Market report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the South Korea Office Furniture Market?
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Methodology
Step 1 - Identification of Relevant Samples Size from Population Database
Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)
Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations
Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence