Liftable Desks Market Size, Share, Growth, and Industry Analysis by Type (Wooden, Metal and Others) By Application (Education, Research, Electronic Sports and Other), Regional Forecast To 2031

Updated On: 08 April 2024

Liftable Desks Market REPORT OVERVIEW

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The global liftable desks market size is expanded rapidly in 2021 and market is expected to generate substantial revenue by 2031, exhibiting a high compound annual growth rate (CAGR) from 2021 to 2031.

Desk that can be raised and lowered with the help of the user. The neck and back muscles are considerably relaxed after sufficient desk movement. A current remedy for the spine, knees, and ankles is a height-adjustable lift desk. It also encourages users to be more imaginative and concentrated. A desk that can be raised allows for both sitting and standing, making it healthier than a desk that can only be used for sitting. Long-term stays have been associated with negative health outcomes. Little tabletop versions are another type of sit-stand desk that may be added to or taken away from an existing desk to switch between the sitting and standing positions.

COVID-19 Impact: Disrupted Supply Chain to Hinder the Market Demands

Covid badly affected the liftable desks market due to supply chain disruptions and shortage in raw materials was also observed. Shortage of labor and strict protocols such as lockdowns and restrictions on movement created roadblocks, disruptions in end-use sectors of the product led to lower demand.

LATEST TRENDS

"Introduction of Online Platforms to Augment the Market Growth"

The market for liftable desks is growing as a result of the introduction of online platforms such company-owned portals, e-commerce portals, and third-party websites that operate as aggregators for various liftable desk manufacturers. Several manufacturers have been able to expand their geographic reach thanks to the emergence of online marketplaces, which is projected to fuel the market for liftable desks.

A desk that can be raised so you can work while standing up is called a liftable desk. A liftable desk, often referred to as a sit-stand desk, height-adjustable desk, or working station, enables the user to swiftly switch from a sat to a standing position while utilizing the same workstation. Due to its advantages in terms of health, liftable workstations are generating buzz in the marketplace. Liftable desks are becoming more and more common in offices of well-known corporations like Google, Facebook, Disney, and Apple.

Liftable Desks Market Segmentation

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• By Type Analysis

By type, market is segmented into wooden, metal and others. The wooden type segment will dominate the market in the coming years.

• By Application Analysis

Based on applications, the market is classified into education, research, electronic sports and others. The education segment will lead the global share through 2031.

DRIVING FACTORS

"Enormous Benefits for Both Businesses and Employees to Boost the Market"

The primary driver of the liftable desk market is the reduction of downtime, which helps to avoid avoidable back problems, enhance concentration, increase performance, and decrease downtime. The liftable desk industry is also driven by the numerous benefits for both businesses and employees. Another factor driving the liftable desk industry is the rise in popularity of contemporary lift-up workstations. The human body is designed to perform best when it is in a comfortable position, especially throughout the typical workday in an office. As a consequence, the market for liftable desks has a chance because this has a favorable impact on general health.

"Growing Popularity of Ergonomic Office Furniture to Impel the Market Growth"

The growing popularity of ergonomic office furniture is expected to be a major factor in the growth of the liftable desk market globally. Nowadays, businesses are becoming more mindful of the health risks posed by employees' slouching in the workplace. The need for ergonomic furniture has consequently increased. Long periods of time spent in improper posture while sitting at a desk can lead to severe back discomfort, melancholy, a loss of assertiveness, etc. Reduced productivity is the outcome of this. Individuals are becoming more conscious of their posture while at work, which is leading to an increase in demand for liftable desks.

RESTRAINING FACTORS

"Lack of Knowledge and High Initial Costs to Limit the Market Growth "

 Lack of knowledge and high beginning costs are obstacles to the market expansion for liftable desks. The biggest barrier to the liftable desk market throughout the predicted period, however, is a variety of technical problems and maintenance.

Liftable Desks Market REGIONAL INSIGHTS

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"North America’s Liftable Desks Market to Grow Exponentially with the Forecasted Period"

Due to the high number of offices and the demand for liftable desks in those offices, North America currently holds a dominant position in the liftable desk market. However, Asia-Pacific is predicted to experience the highest growth rate during the forecast period as a result of rising consumer awareness of liftable desks in this region.

The Asia-Pacific region is anticipated to have rapid growth in the global market for liftable desk comfort mats as a result of growing public awareness of health issues and corporate adoption of ergonomic furniture. The need for flexible comfort mats has given manufacturers several chances to develop comfort mats with novel features that enhance comfort. Companies have created new products as a result of growing concern over employee health in the workplace and the advantages of comfort mats in boosting worker productivity. Also, in order to better serve their customers, incumbent businesses have been forced to boost their R&D investment as a result of the heightened market rivalry brought on by the entry of small and medium-sized corporations. Even standing meetings have become more popular recently, and not just because they are more productive but standing meetings are also seen to be healthier.

KEY INDUSTRY PLAYERS

"Key Players Focus on Partnerships to Gain a Competitive Advantage "

Prominent market players are making collaborative efforts by partnering with other companies to stay ahead in the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolio.

List of Market Players Profiled

• Standway (UK.)
• Funte (U.S.)
• IKEA (Netherlands)
• OMT (Lebanon)
• Veyhl (Germany)
• BDI (U.S.)
• Varidesk (U.S.)
• Loctek (U.S.)
• Brateck (U.S.)

REPORT COVERAGE

The market research study examines the worldwide market in detail, focusing on important elements such as leading players, product/services or type, and leading end-use applications. Aside from that, the research analyses major advancements and provides insights into lighting market trends. In addition to the causes indicated above, the paper includes a number of other factors that have contributed to recent growth.