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Room Dividers and Partition Panels Market - Introduction

Room dividers and partition panels are used to divide the living room and commercial space. Room dividers are used to create additional space in the room for different activities. Partition panels are mostly used in offices to create separate cabin space. These products are useful in commercial spaces to give a sense of privacy. Hospitals and offices are the major users of room dividers and partition panels.

Room Dividers and Partition Panels Market - Competitive Landscape

HNI Corporation

HNI Corporation was founded in 1944 by C. Maxwell Stanley and is headquartered at Muscatine, Iowa, United States. HNI Corporation is one of the biggest office furniture manufacturers in the world. The company manufactures and sells office furniture and hearth products. Office furniture products include panel-based and freestanding furniture systems, seating, storage, and tables. Hearth products include a full array of gas, wood, and pellet burning fireplaces, inserts, stoves, facings, and accessories.

Hufcor, Inc.

Hufcor, Inc. was founded in 1900 by Azel Hough and is headquartered at Janesville, Wisconsin, United States. The company was known as Hough Shade Corporation and began with manufacturing wood slat porch shades in 1900. The company offers various products such as operable partitions, glass walls, vertical lift walls, accordion walls and supports systems.

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Trendway Corporation

Trendway Corporation was founded in 1968 by Don Heeringa and is based in Holland, Michigan, United States. The company manufactures products such as architectural products, desks, storage, seating, systems, tables, etc. The company manufactures a gypsum-based wall panel that offers higher fire resistance and better sound rating. In June 2018, Trendway Corporation launched the Tendway app, an augmented reality space planning mobile application which allows users to digitally add furniture products into a real-world space using the user’s smartphone camera. Users can digitally insert furniture from the library through their mobile device.

Environamics, Inc.

Environamics, Inc. was founded by Harry Johnson in 1980 and is headquartered in Charlotte, North Carolina, United States. The company manufactures, fabricates, and installs Symbio and Slimline - two product lines of full-height partition systems. The company provides Symbio movable walls, Slimline glass walls, and interior specialty construction.

Some of the key players operating in the global room dividers and partition panels market include Allsteel Inc., DEKO partitions Ltd, Dormakaba Holding AG, Ecotone Acoustics Pvt. Ltd., Franz Nüsing GmbH & Co. KG, Haworth Inc., MooreCo Inc., Panelfold, Inc., Portable Partitions Australia, Razortooth Design LLC., Screenflex Portable Partitions Inc., Transwall, Inc., and Versare Portable Partitions.

Room Dividers and Partition Panels Market – Dynamics

Growth in number of startups and offices

Rise in number of startups globally is expected to offer an opportunity to the market to grow during the forecast period. These startups and new expansion offices require partition panels and room dividers for their commercial spaces. Low cost and high functionality of these products is the major factor driving the market. Corporate buyers and business owners prefer these low cost products due to easy assembly and maintenance. All these factors are expected to propel the demand for room dividers and partition panels during the forecast period.

Increase in number of hospitals

Requirement for new hospitals has increased due to increasing population. Population in the world is currently growing at a rate of 1.07% per year, with approximately 80 million new births per year. Governments of various countries have increased spending to provide better infrastructure to hospitals, which is expected to increase the demand for room dividers and partition panels during the forecast period.

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Room Dividers and Partition Panels Market – Segmentation

The room dividers and partition panels market can be bifurcated on the basis of:

  • Product Type
  • Frame Type
  • Application
  • Distribution Channel
  • Region

Room Dividers and Partition Panels Market Segmentation – By Product Type

Based on product type, the room dividers and partition panels market can be divided into:

  • Floor-type
  • Hanging-type

Room Dividers and Partition Panels Market Segmentation – By Frame Type

Based on frame type, the room dividers and partition panels market can be segmented into:

  • Aluminum
  • Iron
  • Stainless Steel
  • Wood

Room Dividers and Partition Panels Market Segmentation – By Application

In terms of application, the room dividers and partition panels market can be divided into:

  • Hospitals
  • Hotels
  • Offices
  • Schools and Universities
  • Others (Fairs and Conferences, etc.)

Room Dividers and Partition Panels Market Segmentation – By Distribution Channel

Based on distribution channel, the room dividers and partition panels market can be divided into:

  • Online
  • Offline

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

With a robust experience in creating exceptional market reports, Transparency Market Research has emerged as one of the trusted market research companies among a large number of stakeholders and CXOs. Every report at Transparency Market Research goes through rigorous research activity in every aspect. The researchers at TMR keep a close watch on the market and extract beneficial growth-boosting points. These points help the stakeholders to strategize their business plans accordingly.

TMR researchers conduct exhaustive qualitative and quantitative research. This research involves taking inputs from the experts in the market, focused attention on recent developments, and others. This method of research makes TMR stand out from other market research firms.

Here's how Transparency Market Research helps the stakeholders and CXOs through the reports:

Inculcation and Evaluation of Strategic Collaborations: The TMR researchers analyze recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures. All the information is compiled and included in the report.

Perfect Market Size Estimations: The report analyzes the demographics, growth potential, and capability of the market through the forecast period. This factor leads to the estimation of the market size and also provides an outline about how the market will retrieve growth during the assessment period.

Investment Research: The report focuses on the ongoing and upcoming investment opportunities across a particular market. These developments make the stakeholders aware of the current investment scenario across the market.

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Room Dividers And Partition Panels Market

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