Educational Furniture Market Size Report, Growth & Forecast 2030
[Research Report] The educational furniture market size is projected to grow from US$ 7,783.45 million in 2022 to US$ 11,611.64 million by 2030; the market is expected to register a CAGR of 5.1% from 2022 to 2030.
Market Insights and Analyst View:
Educational furniture includes desks, chairs, whiteboards, cabinets, storage cabinets, and locker desks. The rising requirement for ergonomic furniture designs to ensure the proper posture of children is one of the key factors driving the demand for modern educational furniture in elementary schools. The rising trend of micro-schooling, especially after the pandemic, drives the demand for flexible educational furniture. Micro-schools provide personalized learning environments due to their smaller class size. These schools require flexible furniture such as round tables, stools, soft-seating chairs, and adjustable desks to accommodate individual work, group projects, and interactive small-group activities promoting easy learning. Further, increased focus on aesthetics drives the demand for stylish yet durable furniture that creates comfortable learning spaces that keep students focused. These factors significantly drive the growth of educational furniture market.
Growth Drivers and Challenges:
Schools and universities strive to operate with greater sensitivity toward the environment; thus, the demand for sustainable educational furniture is rising. Green classrooms and school-wide “go green” initiatives are growing as educators encourage students to adopt values supporting environment-friendly behavior. Sustainable storage products, chairs, and desks are widely preferred in classrooms across the world. Such furniture products are manufactured using eco-friendly materials such as polypropylene, renewable timber, or steel, which meet emission standards mandatory for approval; moreover, they are designed to maintain indoor air quality.
Using sustainable materials in furniture manufacturing also allows manufacturers to recycle product waste, thus preventing the deposition of waste into landfills. For example, Paragon Furniture Inc. uses recycled or recovered fibers for manufacturing its wood products. Governments of various countries are encouraging enterprises to introduce products that promote the sustainable construction of schools. Similarly, the Leadership in Energy and Environmental Design (LEED) Green Building Rating System by the US Green Building Council encourages the construction of sustainable, high-performance facilities, and the adoption of sustainable furniture in schools and other educational facilities. A rise in the number of such initiatives to promote sustainable infrastructure is likely to create lucrative opportunities for the growth of the educational furniture market in the coming years.
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Educational Furniture Market: Strategic Insights
Educational Furniture Market
-
CAGR (2022 - 2030)
5.1%
-
Market Size 2022
US$ 7.78 Billion
-
Market Size 2030
US$ 11.61 Billion
Market Dynamics
GROWTH DRIVERS
- Increase in Demand for Educational Furniture in Newly Constructed Schools
- Growing Demand for Modern and Flexible Learning Spaces
FUTURE TRENDS
- Growing Popularity of Ergonomic Furniture
OPPORTUNITIES
- Increasing Focus on Sustainability
Key Players
- AFC Furniture Solutions Pvt Ltd
- Fleetwood Group Inc
- Scholar Craft Products Inc
- Smith Systems Manufacturing Co
- Knoll Inc
- Haworth Inc
- Vitra International AG
- Virco Manufacturing Corp
- Office Line Srl
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Material
- Wood
- Plastic
- Metal
- Others
Product Type
- Benches and Chairs
- Desks and Tables
- Storage Units
- Others
End Use
- Institutional
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Educational Furniture Market: Strategic Insights
-
CAGR (2022 - 2030)5.1% -
Market Size 2022
US$ 7.78 Billion -
Market Size 2030
US$ 11.61 Billion
Market Dynamics
- Increase in Demand for Educational Furniture in Newly Constructed Schools
- Growing Demand for Modern and Flexible Learning Spaces
- Growing Popularity of Ergonomic Furniture
- Increasing Focus on Sustainability
Key Players
- AFC Furniture Solutions Pvt Ltd
- Fleetwood Group Inc
- Scholar Craft Products Inc
- Smith Systems Manufacturing Co
- Knoll Inc
- Haworth Inc
- Vitra International AG
- Virco Manufacturing Corp
- Office Line Srl
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
- Wood
- Plastic
- Metal
- Others
- Benches and Chairs
- Desks and Tables
- Storage Units
- Others
- Institutional
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Report Segmentation and Scope:
The "Global Educational Furniture Market" is segmented on the basis of material, product type, end use, and geography. Based on material, the educational furniture market is segmented into wood, plastic, metal, and others. By product type, the market is segmented into benches and chairs, desks and tables, storage units, and others. In terms of end use, the market is categorized into institutional and residential. The institutional segment is further segmented into elementary school, secondary school, and higher education. Geographically, the educational furniture market is segmented into North America (the US, Canada, and Mexico), Europe (Germany, France, Italy, the UK, Russia, and the Rest of Europe), Asia Pacific (Australia, China, Japan, India, South Korea, and the Rest of Asia Pacific), the Middle East & Africa (South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa), and South & Central America (Brazil, Argentina, and the Rest of South & Central America)
Segmental Analysis
Based on material, the educational furniture market is segmented into wood, plastic, metal, and others. In 2021, the wood segment held the largest market share. Wooden furniture is among the most popular furniture globally, owing to its durable and low-maintenance nature compared to other materials. Additionally, wood furniture is one of the most eco-friendly and highly sustainable solutions compared to plastic or other manmade materials. Owing to its high demand among the consumers, wood is conventionally the most preferred material for furniture production.
By end use, the institutional segment held the largest share in 2022. The digital transformation of the education sector has bolstered the demand for furniture catering to digital learning requirements. Colleges and universities are increasingly investing in furniture that can accommodate laptops, tablets, and digital textbooks. These institutes are also investing in aesthetic furniture for high-visibility areas such as libraries, cafeterias, laboratories, and conference rooms to attract students as well as faculty and improve the learning environment. The number of students enrolled in colleges, universities, and schools is increasing with time owing to rising importance of primary as well as higher education in developed as well as developing countries across the globe. According to the National Center for Education Statistics, in 2021, about 19 million students in the US attended colleges and universities. With increasing number of student enrollments, there is a rising need for modern, ergonomically designed educational furniture. This factor is significantly driving the educational furniture market growth.
Regional Analysis:
Based on geography, the educational furniture market is divided into five key regions: North America, Europe, Asia Pacific, South & Central America, and Middle East & Africa. The global educational furniture market was dominated by North America, which accounted for US$ 3,493.99 million in 2022. Europe is a second major contributor, holding approximately 24% share of the global market. Additionally, Asia Pacific is expected to grow considerably at a CAGR of 5–6% during the forecast period. The US is a major contributor to the regional market, followed by Canada and Mexico, respectively. Educational institutions in North America are upgrading their existing resources and procuring innovative furniture. Effective manufacturing and trade policies are also contributing to the growth of the educational furniture market. In addition, ergonomically designed school furniture to prevent health issues in children, especially arising from incorrect posture, is gaining significant traction in this region. The US marks the presence of major educational furniture manufacturers, namely Fleetwood Furniture, Herman Miller Inc, and Steelcase Inc. Further, Simplova, Institutional Furniture Ltd, RJH Solutions, and CDI Spaces are among the educational furniture manufacturers and suppliers operating in Canada. According to the 2021 Infrastructure Report Card published by the American Society of Civil Engineers, there are ~84,000 public schools with ~100,000 buildings in the US, with an estimated enrollment of 56.8 million by 2026. Thus, an increase in the number of schools, an inclination toward modern and ergonomic furniture, and the presence of educational furniture manufacturers are expected to boost the educational furniture market in North America during the forecast period.
Industry Developments and Future Opportunities:
Various initiatives taken by the key players operating in the educational furniture market are listed below:
- In 2022, AFC Furniture Solutions acquired Wipro Enterprises, which designs and owns brands such as Xbench, Vibrant, and Livo.
- In 2023, Smith System and its parent company, Steelcase, announced the designation of six new premier dealer partners.
Educational Furniture Market Report Scope
Report Attribute
Details
Market size in 2022
US$ 7.78 Billion
Market Size by 2030
US$ 11.61 Billion
Global CAGR (2022 - 2030)
5.1%
Historical Data
2020-2021
Forecast period
2023-2030
Segments Covered
By Material - Wood
- Plastic
- Metal
- Others
By Product Type - Benches and Chairs
- Desks and Tables
- Storage Units
- Others
By End Use - Institutional
Regions and Countries Covered
North America - US
- Canada
- Mexico
Europe - UK
- Germany
- France
- Russia
- Italy
- Rest of Europe
Asia-Pacific - China
- India
- Japan
- Australia
- Rest of Asia-Pacific
South and Central America - Brazil
- Argentina
- Rest of South and Central America
Middle East and Africa - South Africa
- Saudi Arabia
- UAE
- Rest of Middle East and Africa
Market leaders and key company profiles
- AFC Furniture Solutions Pvt Ltd
- Fleetwood Group Inc
- Scholar Craft Products Inc
- Smith Systems Manufacturing Co
- Knoll Inc
- Haworth Inc
- Vitra International AG
- Virco Manufacturing Corp
- Office Line Srl
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 7.78 Billion |
Market Size by 2030 | US$ 11.61 Billion |
Global CAGR (2022 - 2030) | 5.1% |
Historical Data | 2020-2021 |
Forecast period | 2023-2030 |
Segments Covered |
By Material
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
|
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
COVID-19 Impact:
During the initial phase of the COVID-19 pandemic, the implementation of lockdown restrictions and shutdown of manufacturing units led to production shortfall, creating a demand and supply gap. The profitability of various small-scale and large-scale educational furniture manufacturers were hevily hampered. However, educational institutes and schools were working remotely through online classes, which surged the demand for furniture such as desks and chairs at home. Due to the remote working of schools and colleges and the increase in online coaching, there was an increase in the demand for educational furniture products owing to the increasing need for comfortable seating at home.
In 2021, various economies resumed operations as governments of various countries announced relaxation in the previously imposed restrictions, which boosted the global marketplace. Manufacturers were permitted to operate at full capacity, which helped them overcome the demand and supply gap and other repercussions. As numerous citizens of many countries were fully vaccinated by 2021, the educational furniture manufacturers focused on increasing their production to revive their businesses. This positively impacted the growth of the educational furniture market.
Competitive Landscape and Key Companies:
The top 10 companies operating in the global educational furniture market are AFC Furniture Solutions Pvt Ltd, Fleetwood Group Inc, Scholar Craft Products Inc, Smith Systems Manufacturing Co, Knoll Inc, Haworth Inc, Vitra International AG, Virco Manufacturing Corp, Office Line Srl, and Creaciones Falcon SLU. These players focus on developing innovative furniture with ergonomic designs to cater to the consumer demand.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Material, Product Type, and End Use
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
Increasing focus on sustainable furniture is expected to provide lucrative growth opportunities to the global educational furniture market during the forecast period.
Based on end use, the educational furniture market for institutional segment is the fastest-growing segment. The growth is attributed to the increasing adoption of education in rural and urban areas, growing school management's inclination toward adopting modern furniture, and the rising school enrollment rates. The demand for educational furniture for institutional use is expected to grow during the forecast period.
The major players operating in the global educational furniture market are Fleetwood Group Inc, Smith Systems Manufacturing Co, Haworth Inc, Office Line Srl, and Virco Manufacturing Corp, among others.
Based on the material, the wood segment accounted for the largest revenue share. Wood-based furniture is popular across the world due to its durability and elegant look compared to plastic furniture. Wood is an excellent material for designing and creating exclusive furniture widely used in educational institutes. These factors are driving its demand, hence surging the market growth.
Asia Pacific market dominated the educational furniture market and continue to be the largest segment by 2028. The largest share of Asia Pacific can be attributed to its increased focus on education across urban and rural areas, and the implementation of mandatory primary education schemes by governments result in the construction of schools and educational institutions across this region.
The increase in demand for educational furniture in newly constructed schools, and growing demand for modern and flexible learning spaces, are some of the key driving factors for the educational furniture market.
The List of Companies - Educational Furniture Market
- AFC Furniture Solutions Pvt Ltd
- Fleetwood Group Inc
- Scholar Craft Products Inc
- Smith Systems Manufacturing Co
- Knoll Inc
- Haworth Inc
- Vitra International AG
- Virco Manufacturing Corp
- Office Line Srl
- Creaciones Falcon SLU