The school furniture market size is expected to reach US$ 7,363.94 million by 2028; registering at a CAGR of 5.6% from 2022 to 2028, according to a new research study conducted by The Insight Partners.
Growing Trend of Ergonomic Furniture to Escalate School Furniture Market Growth
The report highlights key factors driving the market growth and prominent players along with their developments in the market.
School furniture plays an important role in providing a good learning environment. School furniture mainly includes bench, chairs, table and desks, storage units made up of wood, plastic, metal, and others. The rising focus on ergonomic furniture for comfortable seating has led to an increase in the demand for flexible school furniture.
The motive behind consumption of ergonomically designed furniture is to avoid health and body posture problems in children. The prime goal of educators is to create learning environments that keep students focused and comfortable. There is also an increase in the demand for multi-functional tables and chairs that can be used for classrooms, laboratories, and libraries. The introduction of several raw materials that are proven to be more durable, sustainable, and stable than the traditional ones for furniture production plays a key role in market growth.
Fleetwood Furniture; Herman Miller, Inc; KI; Steelcase Inc.; Virco, Inc.; Scholar Craft; Global Furniture Group; Educan; Ven-Rez; and Mitybilt are among the major players operating in the global school furniture market. Players operating in the global school furniture market are highly focused toward the development of high quality and innovative product offerings to fulfil the customer’s requirements.
Impact of COVID-19 Pandemic on School Furniture Market
Due to the COVID-19 pandemic, many industries, such as consumer goods and construction, faced unprecedented challenges due to disruptions in the global supply chain that adversely affected the manufacturing, delivery schedules, and sales of various goods. The market size for school furniture decreased due to a decline in the growth of several industrial sectors. Many production sites were either partially or fully closed to combat the spread of SARS-CoV-2. The COVID-19 pandemic also caused fluctuations in the prices of school furniture. However, as the economies began to revive their operations, the demand for school furniture also increased globally. The demand for school furniture is gradually increasing backed by the recovery of the educational and commercial activities. Surge in the use of school furniture due to rise in educational infrastructure is expected to offer growth opportunities for school furniture market players during the forecast period.
Global School Furniture Market Breakdown – by Region
School Furniture Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Material Type (Wood, Metal, Plastic, and Others), Product Type (Benches and Chairs, Desks and Tables, Storage Units, and Others), and Distribution Channel (Specialty Stores, Online Retail, and Contracts/Bids)
School Furniture Market Share & Size | Industry Report 2028
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The report includes the segmentation of the global school furniture market as follows:
The global school furniture market, by material type, is segmented into wood, metal, plastic, and others. Based on product type, the global market is segmented into benches and chairs, desks and tables, storage units, and others. By distribution channel, the market is segmented into specialty stores, online retail, and contracts/bids. By geography, the market is broadly segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South & Central America. The market in North America is further segmented into the US, Canada, and Mexico. The market in Europe is subsegmented into Germany, France, the UK, Italy, Russia, and the Rest of Europe. The market in Asia Pacific is analysed on the basis of China, India, Japan, Australia, South Korea, and the Rest of Asia Pacific. The market in the MEA is further categorized into South Africa, Saudi Arabia, the UAE, and the Rest of MEA. The market in South & Central America is studied on the basis of Brazil, Argentina, and the Rest of South & Central America.
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