School Furniture Market Size Is Anticipated To Reach USD 6.57 Billion By 2030


 San Francisco, 3 July 2023: The Report School Furniture Market Size, Share & Trends Analysis Report By Product (Seating Furniture, Storage Units, Lab Furniture), By Application (Classroom, Library & Labs), By Region, And Segment Forecasts, 2023 - 2030

The global school furniture market size is expected to reach USD 6.57 billion by 2030, registering a CAGR of 6.1% from 2023 to 2030, according to a new report by Grand View Research, Inc. Increasing focus on the educational sector across rural and urban areas and compulsory basic education schemes provided by governments around the world are affecting the growth of the market. For instance, the National Education Policy 2020 of India aims to achieve a 100% gross enrolment ratio by 2030 in school education.

The trend toward ergonomic seating has had a significant impact on the market. This has led to an increased demand for chairs and desks that are designed with ergonomic principles in mind. Schools and educational institutions are now prioritizing the health and comfort of their students, and are investing in furniture that supports good posture and reduces the risk of back pain and other musculoskeletal disorders.

With the increasing use of technology in classrooms, furniture that is designed to integrate with technology is becoming more popular. This may include desks with built-in charging ports or chairs with tablet holders. Moreover, with the increasing use of virtual reality in education, some furniture manufacturers are designing furniture that is specifically designed for virtual reality experiences. This can include chairs or desks with built-in sensors, or furniture that is designed to provide a more immersive VR experience.

Certifications are extremely important in the market for school furniture because they help ensure that the furniture is safe, durable, and of high quality. Educators, parents, and school administrators want to be sure that the furniture they choose for their classrooms is safe for students to use and meets certain standards for quality and durability. ASTM F1912-17, ANSI/BIFMA, GREENGUARD, and ADA Compliance are some common certifications pertaining to school furniture which ensure standard specifications for the performance requirements of school furniture, sustainability standards, and accessibility towards all kinds of people.

Sustainability is becoming an increasingly important consideration in the market, as more and more schools are looking to reduce their environmental impact and promote sustainable practices. Furniture manufacturers are responding to this trend by incorporating eco-friendly materials, designing furniture for easy disassembly and recycling, and using energy-efficient manufacturing processes. Manufacturers are designing products that can be easily disassembled and recycled at the end of their useful life. This reduces waste and makes it easier to reuse the materials in future products.

Access Research Report of School Furniture Market https://www.grandviewresearch.com/industry-analysis/school-furniture-market

School Furniture Market Report Highlights

  • Seating furniture dominated the markets in 2022 owing majorly to its mass requirement in every educational institution. As schools continue to adapt to new teaching and learning methods, a shift in the dominance of seating furniture in the market is forecasted
  • Classroom application formed a majority in the 2022 markets. The number of classrooms that need to be furnished in schools around the world generates high demand for these application-specific products. Each classroom requires a variety of furniture, including desks, chairs, whiteboards, and storage units, which contributes to a significant portion of the market
  • Asia Pacific region is set to grow at the fastest CAGR. The rising culture of private school education in developing countries is a key factor driving the regional market. Additionally, the high cultural emphasis towards education in this region coupled with the rising population and disposable income will drive the markets in the future.

School Furniture Market Report Scope

Report Attribute

Details

Market size value in 2023

USD 4.25 billion

Revenue forecast in 2030

USD 6.57 billion

Growth Rate

CAGR of 6.1% from 2023 to 2030

Base year for estimation

2022

Historical data

2017 - 2020

Forecast period

2023 - 2030

List of Key Players of School Furniture Market

  • Fleetwood Group
  • Scholar Craft
  • VS America, Inc.
  • Smith System Mfg. Co
  • Knoll, Inc.
  • Haworth Inc.
  • VITRA INTERNATIONAL AG.
  • Virco
  • Office Line
  • MOBeduc

Access Press Release of School Furniture Market @ https://www.grandviewresearch.com/press-release/global-school-furniture-market

 

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