The latest report by IMARC Group, titled “School Furniture Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028". The global market size reached US$ 4.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 6.8 Billion by 2028, exhibiting a growth rate (CAGR) of 6.2% during 2023-2028.
School furniture refers to the essential furnishings and equipment found within educational institutions, ranging from elementary schools to universities. These items are specifically designed to support the learning environment by providing comfortable and functional seating, desks, and other pieces that cater to the needs of students and educators. School furniture encompasses a variety of items such as desks, chairs, tables, bookshelves, and storage units. The design and selection of school furniture play a crucial role in creating an optimal learning environment. Ergonomically designed chairs and desks ensure proper posture, enhancing students' focus and comfort during lectures and study sessions. Additionally, versatile furniture configurations enable teachers to adapt their classrooms to different teaching methods, collaborative activities, and diverse learning styles.
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School Furniture Market Trends and Drivers:
The emphasis on creating conducive learning environments has led to a heightened awareness of the importance of ergonomic and comfortable furniture. Schools and institutions recognize that well-designed furniture positively impacts students' attention span, posture, and overall well-being. Additionally, the evolution of teaching methods towards collaborative and interactive learning has driven the need for versatile furniture arrangements. Schools are increasingly adopting furniture that can be easily rearranged to support group activities, discussions, and project-based learning. Other than this, the aesthetic appeal of furniture has gained prominence as institutions recognize its role in creating engaging learning environments. Furniture that complements the overall interior design of classrooms and campuses is in high demand. Besides this, international schools, universities, and institutions are expanding globally. This trend has led to the standardization of furniture requirements, further driving the demand for school furniture on a global scale.
Report Segmentation:
The report has segmented the market into the following categories:
Breakup by Product:
- Desk and Chairs
- Storage
- Lab Equipment
- Others
Breakup by Material:
- Wood-Based
- Metal-Based
- Plastic-Based
- Others
Breakup by Region:
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
- Latin America (Brazil, Mexico)
- Middle East & Africa
Competitors Landscape with Key Players:
- HNI Corporation
- Steelcase Inc.
- MillerKnoll, Inc
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