Asia's metal office furniture market is projected to reach 3.8 million tons and $12.9 billion by 2035, according to a new report by IndexBox. The study highlights Turkey's dominance in both consumption and production, and China's leading role in exports.
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In 2024, regional consumption stood at 3.5 million tons, valued at $10.7 billion. Turkey accounted for 63% of total volume, consuming 2.2 million tons – three times more than China. "The country with the largest volume of metal office furniture consumption was Turkey (2.2M tons), comprising approx. 63% of total volume. Moreover, metal office furniture consumption in Turkey exceeded the figures recorded by the second-largest consumer, China (733K tons), threefold," the report noted.
Turkey also led in market value at $6.1 billion, ahead of China ($2.2 billion) and South Korea. Per capita consumption in Turkey reached 25 kg per person in 2024, compared with a world average of 0.7 kg.
Production patterns mirrored consumption trends, with Turkey, China and India together making up 90% of Asia's output. Turkey recorded the fastest growth in production, with a compound annual growth rate (CAGR) of +12.1% between 2013 and 2024.
On the export front, China dominated, shipping 436K tons in 2024 – around 81% of total Asian exports. "In value terms, China ($1.1B) remains the largest metal office furniture supplier in Asia, comprising 72% of total exports. The second position in the ranking was taken by Turkey ($114M), with a 7.3% share of total exports," the report stated.
Imports were led by the Philippines, Saudi Arabia and Singapore, though the United Arab Emirates registered the highest import prices at $6,531 per ton. "The Philippines, with a CAGR of +17.1%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries," the analysis found.
The market is forecast to expand with a CAGR of +0.7% in volume and +1.7% in value from 2024 to 2035. IndexBox emphasised that growth, while steady, will be slower than in the previous decade due to the high base levels reached before the 2020 downturn.
The findings point to Turkey's rising influence as both a consumer and producer, while China continues to anchor Asia's export dominance.
