School Furniture Market Likely To Reach USD 4.78 Billion By 2028
Increasing construction of schools and labs globally and rising demand for environmentally friendly and adaptable furniture are factors driving the global school furniture market in the forecast period 2024-2028.
As
per the TechSci Research report titled "Global School
Furniture Market– Global Industry Size, Share, Trends, Competition,
Opportunity, and Forecast, 2018-2028F," the market is
experiencing growth driven by several factors. These include the increasing
demand for user-friendly and comfortable furniture, a rise in the number of
schools and students, and a growing inclination towards online shopping
applications.
In
educational settings, encompassing primary and secondary schools, colleges, and
universities, "school furniture" denotes a range of essential
furnishings like desks, seats, boards, tables, and cupboards. These furnishings
aid students in focusing on their studies and completing tasks promptly, aiming
to enhance the learning environment and support academic progress.
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The
demand for school furniture is propelled by the expansion of schools and
applications, considering school furniture a crucial component of global
educational infrastructure. Additionally, the market benefits from the rising
need for comfortable and user-friendly furniture to prevent posture issues in
students and teachers. Government initiatives to build new schools and promote
education further contribute to market growth. The preference for online
shopping applications also boosts the industry, offering convenience, a wide
selection, quick delivery, competitive prices, and multiple payment options.
Ergonomic
designs to prevent health and posture issues in children drive the market,
aligning with educators' goal of creating pleasant and effective learning
environments. The advent of interactive teaching methods necessitates mobile,
adaptable furniture that supports modern educational practices.
The
integration of technology into education transforms school furniture, with
designs accommodating interactive whiteboards, laptops, tablets, and other
devices. Furniture now includes features like built-in charging stations and
cable management solutions, enhancing student engagement and supporting digital
literacy.
The
shift towards sustainability poses challenges for manufacturers, impacting
costs and requiring responsible sourcing. Customization demands also present
logistical challenges in production and delivery. Overcoming these challenges
necessitates collaboration to find solutions aligning with budget constraints
while meeting evolving educational space needs.
The
dynamic school furniture market reflects the evolution of education,
technology, health considerations, and environmental consciousness. Adaptable
and collaborative furniture is driven by educational trends, and technology
integration shapes furniture design for digital learning environments.
Ergonomics, student well-being, sustainability, aesthetic preferences, and
design innovation contribute to the diverse landscape.
The
global school furniture market is segmented based on product, material,
application, sales channel, and region. In terms of revenue, the classroom
market constituted the largest portion in 2022, driven by the essential nature
of chairs and tables in school operations.
In
North America, economic expansion and an emphasis on aesthetics lead to an
increasing demand for luxury furnishings in schools. The United States
dominates the market, although Canada is expected to grow rapidly due to the
establishment of foreign schools.
Key
market players operating in the global School Furniture market include:
- Virco
Inc
- Smith
System Mfg Co
- Fleetwood
- Hertz
Furniture
- KI
Furniture
- HNI
Corporation
- Steelcase
Inc.
- MillerKnoll,
Inc
- Paragon
Furniture, Inc.
- Marco
Group, Inc.
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Mr.
Karan Chechi, Research Director with TechSci Research, emphasizes the essential
and dynamic nature of the school furniture market, which impacts the quality of
education and the learning environment.
The
report, titled "School Furniture Market– Global Industry Size, Share,
Trends, Opportunity, and Forecast, 2018-2028F," provides statistics and
information on market structure, size, share, and future growth. It aims to
offer cutting-edge market intelligence for sound investment decisions,
identifying emerging trends, drivers, challenges, and opportunities globally.
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