Educational Furniture Market Size Report, Growth & Forecast 2030

Educational Furniture Market Size and Forecasts (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis By Material (Wood, Plastic, Metal, and Others), Product Type (Benches and Chairs, Desks and Tables, Storage Units, and Others), and End Use (Institutional [Elementary School, Secondary School, and Higher Education] and Residential)

  • Report Code : TIPRE00028349
  • Category : Consumer Goods
  • Status : Published
  • No. of Pages : 154
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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
Market Size Value inUS$ 7,783.45 million in 2022
Market Size Value byUS$ 11,611.64 million by 2030
Growth rateCAGR of 5.1% from 2022 to 2030
Forecast Period2022-2030
Base Year2022
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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)

  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

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.

consumer-goods
Segmental Analysis
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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:

  1. In 2022, AFC Furniture Solutions acquired Wipro Enterprises, which designs and owns brands such as Xbench, Vibrant, and Livo.
  2. In 2023, Smith System and its parent company, Steelcase, announced the designation of six new premier dealer partners.

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
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Material, Product Type, and End Use

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

This text is related
to country scope.

Frequently Asked Questions


Based on end use, which is the fastest-growing segment in the educational furniture market?

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.

Can you list some of the major players operating in the global educational furniture market?

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.

What are the opportunities for educational furniture in the global market?

Increasing focus on sustainable furniture is expected to provide lucrative growth opportunities to the global educational furniture market during the forecast period.

Based on the material, which segment held the largest share in the educational furniture market?

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.

Which region held the largest share of the global educational furniture market?

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.

What are the key drivers for the growth of the global educational furniture market?

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 

  1. AFC Furniture Solutions Pvt Ltd
  2. Fleetwood Group Inc
  3. Scholar Craft Products Inc
  4. Smith Systems Manufacturing Co
  5. Knoll Inc
  6. Haworth Inc
  7. Vitra International AG
  8. Virco Manufacturing Corp
  9. Office Line Srl
  10. Creaciones Falcon SLU

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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