Global Commercial Room Divider Market Size By Product Type (Fabric Room Divider, Metal Room Divider), By Application (Offices, Dorm Rooms), By Geographic Scope And Forecast
Report ID: 265416|No. of Pages: 202
Global Commercial Room Divider Market Size By Product Type (Fabric Room Divider, Metal Room Divider), By Application (Offices, Dorm Rooms), By Geographic Scope And Forecast
Commercial Room Divider Market Size And Forecast
Commercial Room Divider Market size was valued at USD 1.71 Billion in 2024 and is projected to reach USD 2.87 Billion by 2031, growing at a CAGR of 6.70% from 20234 to 2031.
Commercial Room Divider market growth is primarily driven by some of the factors including increasing the number of startups and offices and a rise in the number of hospitals. The Global Commercial Room Divider Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Commercial Room Divider Market Definition
Room dividers and partition panels are used to divide the living room and commercial space. Room dividers are used to create extra space in a room for various activities. Partition panels are commonly used in offices to divide cabin space. These products provide a sense of privacy in commercial spaces. The majority of room dividers and partition panels are used in hospitals and offices.
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Global Commercial Room Divider Market Overview
The market overview portion of this research focuses on the fundamental aspects of the market, such as key drivers, constraints, opportunities, and challenges. The Global Commercial Room Divider Market study forecasts the market’s revenue growth throughout the forecast period. The Global Commercial Room Divider Market is expected to experience remarkable growth in the upcoming years owing to the increase in the number of startups and offices across the globe.
For their commercial spaces, these startups and new expansion offices require partition panels and room dividers. The low cost and high functionality of these products is the primary growth driver of the market. Because of their ease of assembly and maintenance, corporate buyers and business owners prefer these low-cost products. All of these factors are expected to drive the demand for room dividers and partition panels during the forecast period.
Furthermore, the demand for new hospitals has increased as the population has grown. The world’s population is currently growing at a 1.07 percent annual rate, with approximately 80 million new births per year. Various governments have increased healthcare expenditure to improve hospital infrastructure, which is expected to provide an opportunity for the market to grow during the forecast period.
Global Commercial Room Divider Market Segmentation Analysis
The Global Commercial Room Divider Market is segmented on the basis of Product Type, Application, And Geography.
Commercial Room Divider Market, By Product Type
- Fabric Room Divider
- Metal Room Divider
- Wooden Room Divider
- Glass Room Divider
- Plastic Room Divider
- Others
Based on Product Type, The market is segmented into Fabric Room Divider, Metal Room Divider, Wooden Room Divider, Glass Room Divider, Plastic Room Divider, and Others. The wooden room divider segment accounts for the highest revenue share of the market in 2020 and is expected to dominate the market over the forecast period owing to its increased usage and rising demand in offices and hospitals. These factors are driving the growth of this segment.
Commercial Room Divider Market, By Application
- Offices
- Dorm Rooms
- Hospitals
- Hotels
- Basements
- Others
Based on Application, The market is segmented into Offices, Dorm Rooms, Hospitals, Hotels, Basements, and Others. The offices segment is expected to hold the largest revenue share of the Global Commercial Room Divider market during the forecast period because of the increasing demand for partition panels and room dividers in the startups and new expansion offices for their commercial spaces. Because of their ease of assembly, maintenance, affordability and high functionality, corporate buyers and business owners prefer these products which will drive the market growth of Commercial Room Divider in this segment during the projected period.
Commercial Room Divider Market, By Geography
- North America
- Europe
- Asia Pacific
- Rest of the world
On the basis of Geography, The Global Commercial Room Divider Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. Among the regional markets, North America accounts for the largest revenue share in the Market in 2020 and is expected to retain its dominance throughout the forecast period. The revenue growth in the North American market is mainly attributed to the increased number of startups and offices and a rise in the number of hospitals which is expected to drive the demand for commercial room dividers across the region.
Key Players
The “Global Commercial Room Divider Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are MooreCo, Versare, Moz Designs, Kriskadecor, Arper, Extremis, Green Furniture Concept, Green Mood, KireiUSA, Martela, Mitab, Movisi, Saheco, Schiavello, Twentinox, and among others.
The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Key Developments
- In May 2022, Green Furniture Concept, a placemaking furniture designer launched its sustainable, award-winning Ascent modular seating system into healthcare.
- In June 2018, Trendway Corporation introduced the Trendway app, an augmented reality space planning mobile application that allows users to digitally add furniture products into a real-world space using the camera on their smartphone. Users can use their mobile device to digitally insert furniture from the library.
Report Scope
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| STUDY PERIOD | 2021-2031 |
| BASE YEAR | 2024 |
| FORECAST PERIOD | 2024-2031 |
| HISTORICAL PERIOD | 2021-2023 |
| UNIT | Value (USD Billion) |
| KEY COMPANIES PROFILED | MooreCo, Versare, Moz Designs, Kriskadecor, Arper, Extremis, Green Furniture Concept, Green Mood, KireiUSA, and Martela. |
| SEGMENTS COVERED |
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| CUSTOMIZATION SCOPE | Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope |
Research Methodology of Verified Market Research
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Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support
Customization of the Report
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Frequently Asked Questions
1 INTRODUCTION OF GLOBAL COMMERCIAL ROOM DIVIDER MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources
4 GLOBAL COMMERCIAL ROOM DIVIDER MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 GLOBAL COMMERCIAL ROOM DIVIDER MARKET, BY PRODUCT TYPE
5.1 Overview
5.2 Fabric Room Divider
5.3 Metal Room Divider
5.4 Wooden Room Divider
5.5 Glass Room Divider
5.6 Plastic Room Divider
5.7 Others
6 GLOBAL COMMERCIAL ROOM DIVIDER MARKET, BY APPLICATION
6.1 Overview
6.2 Offices
6.3 Dorm Rooms
6.4 Hospitals
6.5 Hotels
6.6 Basements
6.7 Others
7 GLOBAL COMMERCIAL ROOM DIVIDER MARKET, BY GEOGRAPHY
7.1 Overview
7.2 North America
7.2.1 U.S.
7.2.2 Canada
7.2.3 Mexico
7.3 Europe
7.3.1 Germany
7.3.2 U.K.
7.3.3 France
7.3.4 Rest of Europe
7.4 Asia Pacific
7.4.1 China
7.4.2 Japan
7.4.3 India
7.4.4 Rest of Asia Pacific
7.5 Rest of the World
7.5.1 Latin America
7.5.2 Middle East & Africa
8 GLOBAL COMMERCIAL ROOM DIVIDER MARKET COMPETITIVE LANDSCAPE
8.1 Overview
8.2 Company Market Ranking
8.3 Key Development Strategies
9 COMPANY PROFILES
9.1 MooreCo
9.1.1 Overview
9.1.2 Financial Performance
9.1.3 Product Outlook
9.1.4 Key Developments
9.2 Versare
9.2.1 Overview
9.2.2 Financial Performance
9.2.3 Product Outlook
9.2.4 Key Developments
9.3 Moz Designs
9.3.1 Overview
9.3.2 Financial Performance
9.3.3 Product Outlook
9.3.4 Key Developments
9.4 Kriskadecor
9.4.1 Overview
9.4.2 Financial Performance
9.4.3 Product Outlook
9.4.4 Key Developments
9.5 Arper
9.5.1 Overview
9.5.2 Financial Performance
9.5.3 Product Outlook
9.5.4 Key Developments
9.6 Extremis
9.6.1 Overview
9.6.2 Financial Performance
9.6.3 Product Outlook
9.6.4 Key Developments
9.7 Green Furniture Concept
9.7.1 Overview
9.7.2 Financial Performance
9.7.3 Product Outlook
9.7.4 Key Developments
9.8 Green Mood
9.8.1 Overview
9.8.2 Financial Performance
9.8.3 Product Outlook
9.8.4 Key Developments
9.9 KireiUSA
9.9.1 Overview
9.9.2 Financial Performance
9.9.3 Product Outlook
9.9.4 Key Developments
9.10 Martela
9.10.1 Overview
9.10.2 Financial Performance
9.10.3 Product Outlook
9.10.4 Key Developments
10 KEY DEVELOPMENTS
10.1 Product Launches/Developments
10.2 Mergers and Acquisitions
10.3 Business Expansions
10.4 Partnerships and Collaborations
11 Appendix
11.1 Related Research
Report Research Methodology
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This additionally supports the market researchers in segmenting different segments of the market for analysing them individually.
We appoint data triangulation strategies to explore different areas of the market. This way, we ensure that all our clients get reliable insights associated with the market. Different elements of research methodology appointed by our experts include:
Exploratory data mining
Market is filled with data. All the data is collected in raw format that undergoes a strict filtering system to ensure that only the required data is left behind. The leftover data is properly validated and its authenticity (of source) is checked before using it further. We also collect and mix the data from our previous market research reports.
All the previous reports are stored in our large in-house data repository. Also, the experts gather reliable information from the paid databases.
For understanding the entire market landscape, we need to get details about the past and ongoing trends also. To achieve this, we collect data from different members of the market (distributors and suppliers) along with government websites.
Last piece of the ‘market research’ puzzle is done by going through the data collected from questionnaires, journals and surveys. VMR analysts also give emphasis to different industry dynamics such as market drivers, restraints and monetary trends. As a result, the final set of collected data is a combination of different forms of raw statistics. All of this data is carved into usable information by putting it through authentication procedures and by using best in-class cross-validation techniques.
Data Collection Matrix
| Perspective | Primary Research | Secondary Research |
|---|---|---|
| Supplier side |
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| Demand side |
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Econometrics and data visualization model
Our analysts offer market evaluations and forecasts using the industry-first simulation models. They utilize the BI-enabled dashboard to deliver real-time market statistics. With the help of embedded analytics, the clients can get details associated with brand analysis. They can also use the online reporting software to understand the different key performance indicators.
All the research models are customized to the prerequisites shared by the global clients.
The collected data includes market dynamics, technology landscape, application development and pricing trends. All of this is fed to the research model which then churns out the relevant data for market study.
Our market research experts offer both short-term (econometric models) and long-term analysis (technology market model) of the market in the same report. This way, the clients can achieve all their goals along with jumping on the emerging opportunities. Technological advancements, new product launches and money flow of the market is compared in different cases to showcase their impacts over the forecasted period.
Analysts use correlation, regression and time series analysis to deliver reliable business insights. Our experienced team of professionals diffuse the technology landscape, regulatory frameworks, economic outlook and business principles to share the details of external factors on the market under investigation.
Different demographics are analyzed individually to give appropriate details about the market. After this, all the region-wise data is joined together to serve the clients with glo-cal perspective. We ensure that all the data is accurate and all the actionable recommendations can be achieved in record time. We work with our clients in every step of the work, from exploring the market to implementing business plans. We largely focus on the following parameters for forecasting about the market under lens:
- Market drivers and restraints, along with their current and expected impact
- Raw material scenario and supply v/s price trends
- Regulatory scenario and expected developments
- Current capacity and expected capacity additions up to 2027
We assign different weights to the above parameters. This way, we are empowered to quantify their impact on the market’s momentum. Further, it helps us in delivering the evidence related to market growth rates.
Primary validation
The last step of the report making revolves around forecasting of the market. Exhaustive interviews of the industry experts and decision makers of the esteemed organizations are taken to validate the findings of our experts.
The assumptions that are made to obtain the statistics and data elements are cross-checked by interviewing managers over F2F discussions as well as over phone calls.
Different members of the market’s value chain such as suppliers, distributors, vendors and end consumers are also approached to deliver an unbiased market picture. All the interviews are conducted across the globe. There is no language barrier due to our experienced and multi-lingual team of professionals. Interviews have the capability to offer critical insights about the market. Current business scenarios and future market expectations escalate the quality of our five-star rated market research reports. Our highly trained team use the primary research with Key Industry Participants (KIPs) for validating the market forecasts:
- Established market players
- Raw data suppliers
- Network participants such as distributors
- End consumers
The aims of doing primary research are:
- Verifying the collected data in terms of accuracy and reliability.
- To understand the ongoing market trends and to foresee the future market growth patterns.
Industry Analysis Matrix
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