School Furniture Market Share, Demand, Top Players, Industry Size, Future Growth By 2029

The global school furniture market size will witness a notable gain due to increasing investments in the education sector across rural and urban areas. Schools have exhibited profound traction for flexible chairs owing to concerns over children’s posture. School furniture manufacturers could inject funds into eco-friendly products amidst global warming concerns.

Fortune Business Insights™ has delved into these inputs in an upcoming research report, titled, “School Furniture Market, 2022-2029.”

COVID-19 Impact-

Prevalence of Online Classes Hampered Growth

The onslaught of the COVID-19 pandemic triggered the trend for online classes, thereby disrupting the demand-supply of school desks, benches and chairs. The COVID-19 outbreak has brought a paradigm shift in the furniture industry. The pandemic is considered one of the single largest events to have hampered children globally in their access to school. Meanwhile, the trend for social distancing has prompted school management and consumers to boost their spending on furniture. Moreover, surging demand from laboratories will also augur well for the industry outlook.

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Fortune Business Insights™ lists out all the school furniture market companies that are presently striving to reduce the impact of the Covid-19 pandemic on the market:

  • Vitra International AG (Switzerland)
  • Fleetwood Group (U.S.)
  • Haworth Inc. (U.S.)
  • Smith System Mfg. Co (U.S.)
  • Knoll, Inc. (U.S.)

Report Coverage-

The research report offers insights into industry dynamics redefining the global landscape. The report delves into drivers, opportunities, restraints and trends to provide a holistic market view. The report is prepared through primary sources, including interviews with directors and executives and qualitative and quantitative analyses. The report also provides secondary resources, such as press releases, annual reports, white papers and journals. The report also delves into pre-and post-COVID-19 outlooks to provide a holistic view of the global market.

Drivers and Restraints- 

Advancements in Seating Furniture to Boost Growth Potentials

Industry participants expect seating furniture to gain traction across emerging and advanced economies. School furniture market growth will witness an upward trajectory on the back of chairs and tables in classrooms, administration offices, libraries and laboratories. Some factors, such as functionality, mobility and increased durability, will encourage stakeholders to invest in the landscape. Besides, the trend for ergonomically designed furniture and a spike in student enrollment in schools have solidified the position of leading companies gearing to bolster their portfolios. However, environmental restrictions could impede the industry growth over the next few years.

Regional Insights

Asia Pacific to Witness Investment Galore with Trend for Private Education

The Asia Pacific could emerge as a lucrative destination for school furniture manufacturers and suppliers. The trend is mainly attributed to the need for a better quality of education across emerging economies, including China and India. Rising discretionary income could underpin the regional outlook over the next few years. Stakeholders are expected to envisage Asia Pacific as a promising hub to propel their portfolios.

Stakeholders anticipate North America school furniture market share to gain traction with profound investments in technologically advanced products. The reopening of international schools in the U.S. and Canada propelled the demand for luxury, advanced and multi-functional school furniture. The trend for ergonomically designed chairs and the table will boost regional growth over the next few years.

Segments-

In terms of product type, the market is segmented into lab furniture, seating furniture and storage unit. With respect to the end-use, the industry is segregated into the library, laboratory and classroom. On the basis of material use, the market is classified into stainless steel, plastic and wood. From the geographical ground, the industry covers Europe, North America, Asia Pacific, the Middle East & Africa and South America.

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School Furniture Market Size Highlights of the Report:

  • Market Penetration: Comprehensive information on the product portfolios of the top players in the School Furniture market.
  • Product Development/Innovation: Detailed insights on the upcoming technologies, RandD activities, and product launches in the market
  • Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market
  • Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies
  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the School Furniture market

The Global School Furniture Market Research/Analysis Report Contains Answers to your following questions:

  • Which Manufacturing Technology is used for School Furniture ? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
  • Who Are the Global Key Players in This School Furniture Market? What are Their Company Profile, Their Product Information, and Contact Information?
  • What Was Global Market Status of School Furniture Market? What Was Capacity, Production Value, Cost and PROFIT of School Furniture Market?
  • What Is Current Market Status of School Furniture Industry? What’s Market Competition in This Industry, Both Company, and Country Wise? What’s Market Analysis of School Furniture Market Trends by Taking Applications and Types in Consideration?
  • What Are Projections of Global School Furniture Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export?
  • What Is School Furniture Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
  • What Is Economic Impact On School Furniture Industry? What are Global School Furniture Analysis Results? What Are Global School Furniture Development Trends?
  • What Are Market Dynamics of School Furniture Market? What Are Challenges and Opportunities?
  • What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for School Furniture Industry?

Competitive Landscape-

Stakeholders Prioritize Strategic Approaches to Boost Portfolios

Leading players could inject funds into R&D activities, product launches, innovations, and collaboration to boost their competitive edge in the global market. Besides, stakeholders are expected to invest in ergonomic design and advancements in chairs, tables and benches to bolster their presence across untapped areas. Industry players will continue to invest in organic and inorganic strategies to expand their presence globally.

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