- Key Buying Criteria Include Brand Value, Cost, Design, Performance, Quality
TechNavio, the independent London-based global research firm, today announced the publication of its research report on the Office Furniture Market in Russia. The report finds Metal Office Furniture Market in Russia to have the highest growth rate by 2018.
As per research analysis, the Metal Office Furniture market in Russia will be growing at a CAGR of 12.89 percent during the forecast period 2014-2018, due to their inherent qualities like hardness, heaviness, and the tough composition, enabling it to be widely used for office purposes. Other applications of metal furniture are in the manufacture of file cases, filing cabinets, office partitions, shelf stands, workspace storage, lockers, and benches. Wooden office furniture and others mainly comprising of upholstered furniture, made of plastic, leather, glass, stone, cane, and bamboo will be also making their presence felt in this market significantly.
Speaking on this occasion one of the senior analyst and co-author of this report said, “Dikom Servis Ooo, PAX-Metal Zao, and Promet Furniture are the market leaders in the manufacture of metal office furniture in Russia. As the markets mature, there will be increasing competition from local and international players mainly on product portfolio, product differentiation, and pricing.
To determine the scenario for these vendors in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentation, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
If you are interested in more information on this topic and our upcoming research on the Office Furniture Market in Russia 2014-2018, please send an e-mail to media@TechNavio.com
About TechNavio
TechNavio is a leading technology research and advisory company with a global coverage. We focus on emerging technology trends that can shape the market. We identify and explain these trends to our customers to help them take better decisions.
TechNavio models the trends using a mix of quantitative and qualitative tools in its proprietary research methodologies. We build forecasts across market segments and geographies based on the trends identified. These forecasts and analysis are used to help our customers identify new and existing opportunities in their markets. We also help customers assess their competitive position in a changing market scenario.
TechNavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape of Office Furniture Market in Russia. Our analysts obtain the information using a combination of the bottom-up and top-down approaches, besides using in-house market modeling tools. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
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Founded in 2003, TechNavio has about 200 analysts globally. We cover more than 500 technologies across 80 countries. Our analysts are closely monitoring the market every day by talking to all the industry participants. We have proprietary databases that provide us with a complete perspective of the market. TechNavio develops over 2000 pieces of research deliverables every year.
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