The latest research study titled “School Furniture Market Report: Global Industry Trends, Share, Size, Growth, Opportunities and Forecast 2022-2027” is included by iMark Group. The global school furniture market is expected to reach USD 4.3 billion by 2021. Looking ahead, the market is expected to reach USD 6.4 billion by 2027, growing at a CAGR of 6.5% over 2022-2027.
School furniture plays an important role in transforming the classroom into a vibrant learning environment. Made from a variety of materials such as wood, metal and plastic, the furniture is beneficial and beneficial to the physical health of the students. Well-designed desks and chairs are thought to play an important role in improving student concentration and overall performance. With the introduction of flipped classrooms and blended learning formats, portable and adjustable furniture combined with added elegance, functionality and comfort are rapidly gaining popularity around the world. We should regularly track the indirect impact of relevant industries as well as the direct impact of COVID-19 on the market. These comments will be included in the report.
Global Market Trends for School Furniture:
The global school furniture market is primarily driven by growing demand for consumer-friendly and comfortable furniture in the education sector to prevent money disputes among students and teachers. The introduction of intelligent desktops with multifunctional applications, also known as smart desktops, is another key growth factor. These desks are increasingly being used in laboratories, libraries and classrooms to provide a practical environment for students. In addition, awareness of the importance of education and the establishment of primary and secondary education have increased the total number of students worldwide and increased the demand for desks and chairs. Moreover, initiatives taken by the governments of several countries to improve literacy have helped the market growth. Other factors such as development of environmentally friendly furniture drive the market.
In terms of production, tables and chairs represent the major type of production. Other sections are storage, laboratory equipment and others. On the basis of material, the market is segmented into metal-based, wood-based, plastic-based and others. Among these, wooden school furniture shows clear dominance with the largest market share. Regionally, the market spans North America (US and Canada), Asia and Pacific (China, Japan, India, South Korea, Australia, Indonesia and others), Europe (UK, Germany, France). , Italy, Spain, Russia and others), Latin America (Brazil, Mexico and others) and the Middle East and Africa. The competitive market landscape is also reviewed and some of the key players include HNI Corporation, Herman Miller, Inc., Smith System Manufacturing Company, Steelcase, Inc. and Knoll, Inc.
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