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School Furniture Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

School Furniture Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

  • Publish Date:March 2023

  • Number of Pages:112

  • Report ID:5214409

  • Format:PDF

  • Publisher:IMARC Group

$ 2499

Summary

The global school furniture market size reached US$ 4.6 Billion in 2022. Looking forward, the analyst expects the market to reach US$ 6.8 Billion by 2028, exhibiting a growth rate (CAGR) of 6.2% during 2023-2028.

School furniture is made from durable materials, such as wood, metal, or plastic, and is available in different shapes and sizes. It generally consists of desks, chairs, boards, tables, and cupboards that help students concentrate and complete their tasks in an efficient manner. Presently, manufacturers are offering multi-purpose furniture in varied styles, colors, and designs for collaborative learning. They are also focusing on launching adjustable and portable furniture that can be reconfigured easily to support new dynamic teaching styles.

School Furniture Market Trends:
As school furniture is considered an essential part of the educational infrastructure, significant increase in the number of applicants to schools around the world represents one of the key factors influencing the market positively. In addition, various steps undertaken by governing agencies of numerous countries to open new schools and promote education are providing lucrative growth opportunities to manufacturers operating in the industry. Besides this, several schools are focusing on installing premium-quality furniture to provide comfort and improve the learning experience among students. Furthermore, the rising trend of smart classes with computer screens and projectors to ease learning in schools is propelling the market growth. Apart from this, key players are introducing environment-friendly variants made using recyclable and sustainable materials like scrap wood to minimize carbon footprints and conserve natural resources. They are also offering customized furniture with aesthetic appearance through online retail channels. This, in confluence with the thriving e-commerce industry and the increasing adoption of ergonomically designed furniture that aids in preventing health and posture problems in children, is anticipated to create a positive outlook for the market in the following years.

Key Market Segmentation:
the analyst provides an analysis of the key trends in each sub-segment of the global school furniture market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on product and material.

Breakup by Product:
Desk and Chairs
Storage
Lab Equipment
Others

Desk and chairs dominate the market as they allow the movement and encourage good postural health among students.

Breakup by Material:
Wood Based
Metal Based
Plastic Based
Others

Wood-based represents the widely used material as it is cost-effective, durable, requires less maintenance, and provides resistance against wear and tear.

Breakup by Region:
North America
Europe
Asia Pacific
Middle East and Africa
Latin America

North America holds the majority of the market share due to the growing advancements in the education sector of the region.

Competitive Landscape:
The competitive landscape of the market has been analyzed in the report, along with the detailed profiles of the major players operating in the industry. Some of these players are HNI Corporation, Steelcase Inc., MillerKnoll, Inc., and Smith System Inc.

Key Questions Answered in This Report

1. What was the size of the global school furniture market in 2022?
2. What is the expected growth rate of the global school furniture market during 2023-2028?
3. What are the key factors driving the global school furniture market?
4. What has been the impact of COVID-19 on the global school furniture market?
5. What is the breakup of the global school furniture market based on the product?
6. What is the breakup of the global school furniture market based on the material?
7. What are the key regions in the global school furniture market?
8. Who are the key players/companies in the global school furniture market?

Table of contents

1 Preface

2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 Executive Summary

4 Introduction
4.1 Overview
4.2 Key Industry Trends

5 Global School Furniture Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Product
5.5 Market Breakup by Material
5.6 Market Breakup by Region
5.7 Market Forecast
5.8 SWOT Analysis
5.8.1 Overview
5.8.2 Strengths
5.8.3 Weaknesses
5.8.4 Opportunities
5.8.5 Threats
5.9 Value Chain Analysis
5.9.1 Overview
5.9.2 Raw Material Procurement
5.9.3 Manufacturing
5.9.4 Marketing
5.9.5 Distribution
5.9.6 End-Use
5.10 Porters Five Forces Analysis
5.10.1 Overview
5.10.2 Bargaining Power of Buyers
5.10.3 Bargaining Power of Suppliers
5.10.4 Degree of Competition
5.10.5 Threat of New Entrants
5.10.6 Threat of Substitutes

6 Market Breakup by Product
6.1 Desk and Chairs
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Storage
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Lab Equipment
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Others
6.4.1 Market Trends
6.4.2 Market Forecast

7 Market Breakup by Material
7.1 Wood Based
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Metal Based
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Plastic Based
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Others
7.4.1 Market Trends
7.4.2 Market Forecast

8 Market Breakup by Region
8.1 North America
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Europe
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Asia Pacific
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Middle East and Africa
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Latin America
8.5.1 Market Trends
8.5.2 Market Forecast

9 School Furniture Manufacturing Process
9.1 Product Overview
9.2 Raw Material Requirements
9.3 Manufacturing Process
9.4 Key Success and Risk Factors

10 Competitive Landscape
10.1 Market Structure
10.2 Key Players
10.3 Profiles of Key Players
10.3.1 HNI Corporation
10.3.2 Steelcase Inc.
10.3.3 MillerKnoll, Inc.
10.3.4 Smith System Inc.

List of Figures
Figure 1: Global: School Furniture Market: Major Drivers and Challenges
Figure 2: Global: School Furniture Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: School Furniture Market: Breakup by Product (in %), 2022
Figure 4: Global: School Furniture Market: Breakup by Material (in %), 2022
Figure 5: Global: School Furniture Market: Breakup by Region (in %), 2022
Figure 6: Global: School Furniture Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 7: Global: School Furniture Industry: SWOT Analysis
Figure 8: Global: School Furniture Industry: Value Chain Analysis
Figure 9: Global: School Furniture Industry: Porter's Five Forces Analysis
Figure 10: Global: School Furniture (Desk and Chairs) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: School Furniture (Desk and Chairs) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: School Furniture (Storage) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: School Furniture (Storage) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: School Furniture (Lab Equipment) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: School Furniture (Lab Equipment) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: School Furniture (Other Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: School Furniture (Other Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Wood Based School Furniture Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Wood Based School Furniture Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Metal Based School Furniture Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Metal Based School Furniture Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Plastic Based School Furniture Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Plastic Based School Furniture Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Other Material Based School Furniture Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Other Material Based School Furniture Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: North America: School Furniture Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: North America: School Furniture Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Europe: School Furniture Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Europe: School Furniture Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Asia Pacific: School Furniture Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Asia Pacific: School Furniture Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Middle East and Africa: School Furniture Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Middle East and Africa: School Furniture Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: Latin America: School Furniture Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Latin America: School Furniture Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: School Furniture Manufacturing: Detailed Process Flow

List of Tables
Table 1: Global: School Furniture Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: School Furniture Market Forecast: Breakup by Product (in Million US$), 2023-2028
Table 3: Global: School Furniture Market Forecast: Breakup by Material (in Million US$), 2023-2028
Table 4: Global: School Furniture Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 5: School Furniture Manufacturing: Raw Material Requirements
Table 6: Global: School Furniture Market: Competitive Structure
Table 7: Global: School Furniture Market: Key Players

Methodology

Our market research methodology is designed to provide the clients with comprehensive and accurate information on various industries and markets. It includes data collection, primary interviews, macro-economic factor analysis, country-level data analysis etc.

The data is gathered from a wide range of sources, including industry reports, government statistics, and company financials. This data is then analyzed and cross-referenced to ensure its accuracy and reliability. Next, primary interviews are conducted with industry experts and key stakeholders to gather their insights and perspectives on the market. This information is then combined with the data collected to provide a complete picture of the market. Macro-economic factor analysis is also carried out to understand the impact of external factors on the market. Finally, country-level data analysis is performed to understand the market dynamics in specific regions and countries.

Reportlinker's market research methodology is designed to provide clients with a clear understanding of the market, its trends, and its future potential.