School Furniture Market Share & Size | Industry Forecast 2028

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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)

Publication Month: Oct 2022 | Report Code: TIPRE00023177 | No. of Pages: 140 | Category: Consumer Goods | Status: Published

[Research Report] The global school furniture market was valued at US$ 5,047.95 million in 2021; it is expected to grow at a CAGR of 5.6% from 2022 to 2028.

School furniture that includes bookshelves, lockers, cupboards, display boards, desks, chairs, filing and storing cabinets, and lab equipment is manufactured using sturdy, user-friendly, and high-quality materials, such as wood, metals, medium-density fiber (MDF) board, and plastics. School furniture is designed in a way that ensures both physical and mental well-being, allowing students to focus on studies with full potential. It also aids in enhancing both teachers' and students' flexibility and overall productivity while transforming the physical space into a dynamic learning environment.

Growing demand for ergonomically designed furniture to prevent health and posture problems in children is the key factor driving the market. Creating learning environments that keep students focused and comfortable has become one of the primary goals of educators, thereby positively influencing the global school furniture market. With the new age of comprehensive, interactive, and dynamic teaching styles such as blended learning and flip classrooms, portable and adjustable furniture with easy reconfiguration has become necessary.

Strategic Insights

Report Coverage - School Furniture Market
Report CoverageDetails
Market Size Value inUS$ 5,047.95 Million in 2021
Market Size Value byUS$ 7,363.94 Million by 2028
Growth rateCAGR of 5.6% from 2022 to 2028
Forecast Period2022-2028
Base Year2021
No. of Pages140
No. of Tables85
No. of Charts & Figures82
Historical data availableYes
Segments coveredMaterial Type, Product Type, and Distribution Channel
Regional scopeNorth America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country scopeUS, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina
Report coverageRevenue forecast, company ranking, competitive landscape, growth factors, and trends
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Moreover, several raw materials are being introduced for furniture production, and these distinct materials have proven to be more sustainable, durable, and stable than traditional ones, thereby adding impetus to the market growth. Producers use materials such as processed or engineered wood, molded plastic, and high-pressure laminate to make benches, chairs, and tables for classrooms and schools. Furniture with additional storage options acts as a space-saving tactic in smaller, compact classrooms, and demand for the same has observed a significant rise in recent years. For instance, CBT Supply Dba Smartdesks produces smart tables and chairs with stackable options and multi-functional applications for classrooms and offices. Hence, the increasing demand for flexible furniture will boost the market growth over the forecast period.

Market Insights

Growing Construction of Schools

Construction of schools across the globe is expected to increase, owing to rapid growth in population. Rising focus on the educational sector across urban and rural areas and compulsory primary education schemes provided by governments across the globe are propelling the growth of the construction of schools. According to the Center on Budget and Policy Priorities, in 2018, around US$ 98.9 billion across North America was spent on education infrastructure projects, which indicates almost a 10% spending increase since 2017. With increasing school facilities, over-crowded classrooms, changes in building safety codes, and technological advances globally, officials face dilemma to either invest in new infrastructure or upgrade the existing ones. Governments and societies across the globe are striving to develop their education systems and ensure that all students have the opportunity to go to school and acquire the skills and knowledge required to lead productive and healthy lives. To improve educational quality, education infrastructure should be upgraded.

Moreover, growth in the enrolment of students across the globe has boosted the demand for classroom tables and chairs as they are necessary for the school to function. An increase in the adoption of unconventional raw materials for classroom furniture is leading to renovations, collaborations, and ergonomically derived furniture for classrooms. Several schools are progressively replacing traditional school furniture with aesthetically appealing infrastructure to make the classroom environment pleasant. The introduction of swivel chairs with ergonomic features has been a recent addition to many schools.

Material Type Insights

Based on material type, the school furniture market is segmented into wood, metal, plastic, and others. In 2021, the wood segment dominated the school furniture market.

School Furniture Market Share, by Material Type, 2021 and 2028

School Furniture Market Share, by Material Type, 2021 and 2028

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Fleetwood Furniture; Herman Miller, Inc; KI; Steelcase Inc.; Virco, Inc.; Scholar Craft; Global Furniture Group; Educan; Ven-Rez; and Mitybilt are among the key players operating in the school furniture market. Leading players are adopting various strategies, such as mergers and acquisitions and product launches, to expand their geographic presence and consumer base. 

Report Spotlights

  • Progressive trends in the school furniture industry to help players develop effective long-term strategies
  • Business growth strategies adopted by companies to secure growth in developed and developing markets
  • Quantitative analysis of the school furniture market from 2021 to 2028
  • Estimation of the demand for school furniture across various industries
  • PEST analysis to analyze the Political, Economic, Socio-Cultural, and Technological changes in the business environment
  • Recent developments to understand the competitive market scenario and the demand for school furniture
  • Market trends and outlook coupled with factors driving and restraining the growth of the school furniture market
  • Strategies that underpin commercial interest with regard to the school furniture market growth, aiding in the decision-making process
  • The school furniture market size at various nodes of market
  • Detailed overview and segmentation of the school furniture market, as well as its industry dynamics

The "School Furniture Market Forecast to 2028" is a specialized and in-depth study of the chemicals & material industry, focusing on the school furniture market trend analysis. The report aims to provide an overview of the market with detailed market segmentation. The school furniture market is categorized on the basis of material type, product type, and distribution channel. Based on material type, the market is segmented into wood, metal, plastic, and others. Based on product type, the market is bifurcated into residential and commercial & industrial. In terms of distribution channel, the market is divided into specialty stores, online retail, and contracts/bids.

Company Profiles

  • Fleetwood Furniture
  • Herman Miller, Inc
  • KI
  • Steelcase Inc.
  • Virco, Inc.
  • Scholar Craft
  • Global Furniture Group
  • Educan
  • Ven-Rez
  • Mitybilt

Frequently Asked Questions

The major players operating in the global school furniture market are Fleetwood Furniture; Herman Miller, Inc; KI; Steelcase Inc.; Virco, Inc.; Scholar Craft; Global Furniture Group; Educan; Ven-Rez; and Mitybilt.
In 2021, North America held the largest share of the global school furniture market. The rise in the educational infrastructure would cater the demand of school furniture in the region. The region is also flourishing owing to presence of manufacturing facilities.
The wood segment held the largest market share. Wooden furniture is the most popular in schools, owing to the high manufacturing output of wooden products in comparison to other materials. Moreover, wood is conventionally looked at as the most preferred material for furniture production.
The benches and chairs segment held the largest market share. School chairs vary in design and are primarily made of wood, metal, and synthetic plastic materials. Folding chairs, rocking chairs, loungers, and many others are quite popular among customers.
The contracts/bids segment held the largest share of the market in 2021. Most of the schools organize bids for school furniture. The companies can be given a contract for vendor ship, replacement, or repair based on the contract signed between the schools and them.
Asia Pacific is estimated to register the fastest CAGR in the global school furniture market over the forecast period. Many Asia Pacific countries, such as China and India, are the world's fastest-growing populations. With a growing population construction and school furniture material are growing rapidly in Asia Pacific.

The List of Companies - School Furniture Market

  1. Fleetwood Furniture
  2. Herman Miller, Inc.
  3. KI
  4. Steelcase Inc.
  5. Virco, Inc.
  6. Scholar Craft
  7. Global Furniture Group
  8. Educan
  9. Ven-Rez
  10. Mitybilt
  • Progressive industry trends in the school furniture market to help players develop effective long-term strategies
  • Business growth strategies adopted by developed and developing markets
  • Quantitative analysis of the school furniture market from 2021 to 2028
  • Estimation of the demand for school furniture across various industries
  • PEST analysis to analyze the Political, Economic, Socio-Cultural, and Technological changes in the business environment
  • Recent developments to understand the competitive market scenario and the demand for school furniture compounds in the global scenario.
  • Market trends and outlook coupled with factors driving and restraining the growth of the school furniture market.
  • Decision-making process by understanding strategies that underpin commercial interest concerning the school furniture market growth
  • The school furniture market size at various nodes of market
  • Detailed overview and segmentation of the school furniture market as well as its dynamics in the industry
  • The school furniture market size in different regions with promising growth opportunities
TIPRE00023177
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