As a new business platform that proposes future workplace design and work style, the international trade exhibition ORGATEC TOKYO, which made a spectacular debut in April this year, is set to return next year. The 2nd edition of ORGATEC TOKYO, which will be staged at the Tokyo Big Sight, is enjoying overwhelming support from previous exhibitors with expanded booth areas, as well as new participants who are enrolling in the event with enthusiasm. By the end of August, already 80% of the contracted exhibition space, which is about twice the size of last year’s area, is fully booked.
The global office furniture market is expected to grow steadily at 3-5% even after the year 2023, against the backdrop of the pandemic, which is bringing a major shift from conventional work style to an era of diversity. In particular, the huge growth and great potential of the Asia-Pacific (APAC) market, including Japan, is attracting a great deal of attention from industry players around the world. This expanding market, accounts for 42% of the global office furniture market in 2021, is enjoying an average annual growth rate (CAGR) of 5.1% from 2022 to 2027.
Tokyo, a major metropolis and the promising gateway to the Japanese market, plays a leading role to exert great influence over the APAC market. In addition, Japan is the second-largest high-end office furniture market after the North America by volume, making it an ideal place for trendsetting. The success of the inaugural ORGATEC TOKYO demonstrates brilliantly the potential of Tokyo as the driving force of the world’s fastest growing office furniture market in Asia.
At the 2nd edition of ORGATEC TOKYO, the latest solutions and all the industry’s know-how will be presented on an even larger scale to provide the market once again with the value of design that can only be experienced at a physical event.