South Korea Contract Furniture Market Size & Outlook
Global Market
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South Korea contract furniture market highlights
- The South Korea contract furniture market generated a revenue of USD 2,142.1 million in 2025 and is expected to reach USD 3,410.3 million by 2033.
- The South Korea market is expected to grow at a CAGR of 6% from 2026 to 2033.
- In terms of segment, chairs & stools was the largest revenue generating product in 2025.
- Sofa & Couch is the most lucrative product segment registering the fastest growth during the forecast period.
Contract furniture market data book summary
| Market revenue in 2025 | USD 2,142.1 million |
| Market revenue in 2033 | USD 3,410.3 million |
| Growth rate | 6% (CAGR from 2026 to 2033) |
| Largest segment | Chairs & stools |
| Fastest growing segment | Sofa & Couch |
| Historical data | 2021 - 2024 |
| Base year | 2025 |
| Forecast period | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Storage Furniture, Sofa & Couch, Others Product, Chairs & Stools, Tables & Desks |
| Key market players worldwide | MillerKnoll Inc, Steelcase Inc Class A, HNI Corp, Global Industrial Co, Haworth, Inc., Kinnarps, Teknion, OFS, Global Furniture Group, Sedus Stoll |
Other key industry trends
- In terms of revenue, South Korea accounted for 2.7% of the global contract furniture market in 2025.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In Asia Pacific, China contract furniture market is projected to lead the regional market in terms of revenue in 2033.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 10,542.4 million by 2033.
In January 2024, the South Korean government announced initiatives to relax development restrictions, particularly in greenbelt areas, and grant significant reductions in development fees for nonmetropolitan areas. Such efforts are poised to drive the growth of the construction industry in the country.
With increased construction activity and a surge in commercial and residential spaces, a heightened demand for contract furniture is expected in South Korea, as businesses and property developers seek quality furnishings for newly constructed spaces.
According to a November 2023 news article by Singaporean daily English-language newspaper The Straits Times, the high demand for office space in Seoul, with an occupancy rate of over 98% and soaring rents, indicates a thriving commercial real estate market in South Korea's capital.
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Publish Date: Jun 16, 2026
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Contract Furniture Market Scope
Contract Furniture Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| HNI Corp | View profile | 8,200 | 600 East Second Street, P.O. Box 1109, Muscatine, IA, United States, 52761-0071 | www.hnicorp.com |
| MillerKnoll Inc | View profile | 10,900 | 855 East Main Avenue, P.O. Box 302, Zeeland, MI, United States, 49464 | www.millerknoll.com |
| Steelcase Inc Class A | View profile | 12,480 | 901 44th Street SE, Grand Rapids, MI, United States, 49508 | www.steelcase.com |
| Global Industrial Co | View profile | 1,870 | 11 Harbor Park Drive, Port Washington, NY, United States, 11050 | investors.globalindustrial.com |
| Haworth, Inc. | View profile | 5001-10000 | Holland, Michigan, United States, North America | www.haworth.com/ |
| Kinnarps | View profile | 1001-5000 | Kinnarp, Vastra Gotaland, Sweden, Europe | global.kinnarps.com |
| Teknion | View profile | 1001-5000 | Toronto, Ontario, Canada, North America | www.teknion.com/ap/ |
| OFS | View profile | 1001-5000 | Huntingburg, Indiana, United States, North America | ofs.com |
| Global Furniture Group | View profile | 1001-5000 | Toronto, Ontario, Canada, North America | www.globalfurnituregroup.com |
| Sedus Stoll | View profile | 251-500 | Dogern, Baden-Wurttemberg, Germany, Europe | www.sedus.com |
South Korea Contract Furniture Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Contract Furniture Market Outlook will help companies and investors design strategic landscapes.
Chairs & Stools was the largest segment with a revenue share of 35.97% in 2025.
Horizon Databook has segmented the South Korea contract furniture market based on storage furniture, sofa & couch, others product, chairs & stools, tables & desks covering the revenue growth of each sub-segment from 2021 to 2033.
In January 2024, the South Korean government announced initiatives to relax development restrictions, particularly in greenbelt areas, and grant significant reductions in development fees for nonmetropolitan areas. Such efforts are poised to drive the growth of the construction industry in the country.
With increased construction activity and a surge in commercial and residential spaces, a heightened demand for contract furniture is expected in South Korea, as businesses and property developers seek quality furnishings for newly constructed spaces.
According to a November 2023 news article by Singaporean daily English-language newspaper The Straits Times, the high demand for office space in Seoul, with an occupancy rate of over 98% and soaring rents, indicates a thriving commercial real estate market in South Korea's capital.
- South Korea Contract Furniture Market Product Type Outlook (Revenue, USD Million , 2021-2033)
- Chairs & Stools
- Tables & Desks
- Storage Furniture
- Sofa & Couch
- Others
- South Korea Contract Furniture Market End User Outlook (Revenue, USD Million , 2021-2033)
- Government
- Corporate Offices
- Institutional
- Healthcare/Medical Facilities
- Hospitality
- Others
- South Korea Contract Furniture Market Distribution Channel Outlook (Revenue, USD Million , 2021-2033)
- Offline
- Online
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea Contract Furniture Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into South Korea Contract Furniture Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
South Korea Contract Furniture Market, 2021-2033 (US$M)
South Korea contract furniture market statistics, by product, 2021-2033 (US$M)
