The global school furniture market size is anticipated to reach USD 6.2 billion by 2025, according to a new report by Radiant Insights, Inc., expanding at a CAGR of 6.0% over the forecast period. 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. Furthermore, increasing construction of schools in developing regions has contributed to market growth. According to ISC Research, a prominent supplier of international school data, there were just under 10,300 English-medium international schools across the globe in January 2019, with 5.6 million students enrolled.
Growing trend of ergonomic chairs for comfortable seating has promoted the demand for flexible classroom furniture. Demand for multi-functional tables and chairs that can be used in classrooms, labs, and libraries, among others is also on the rise. Introduction of various raw materials for production of furniture that is more stable, durable, and sustainable has played a key role in market growth. For instance, manufacturers have been making tables, chairs, and benches with materials such as molded plastic, processed or engineered wood, and high-pressure laminate. Demand for space-saving furniture with storage options in classrooms has witnessed considerable rise. For instance, CBT Supply Dba Smartdesks creates smart chairs and tables with stackable options and multi-functional applications for classrooms and offices.
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In terms of product, the seating category dominated the market with a share of 51.3% in 2018. This can be attributed to features such as wider application than other pieces of furniture, high durability, and the ability to add mobility and functionality. In addition, growing demand for chairs and tables on castors, which helps to easily rearrange furniture, has fueled segment growth. By application, classrooms accounted for the largest revenue share of 79.9% in 2018. Increasing student enrolment in schools across the globe has upped the need for chairs and tables in classrooms. Introduction of swivel chair designs with ergonomic features has been a recent addition in many schools, looking to replace traditional chairs.
Asia Pacific is expected to register the fastest growth in the market, exhibiting a CAGR of 7.1% from 2019 to 2025. Rising culture of private education in developing countries, owing to better quality of education and facilities as well as focus on numerous extracurricular activities, is fueled by growing disposable income and improving lifestyle. This is projected to have a positive impact on the demand for classroom furniture. For instance, private schools in China accounted for more than 35.0% of total schools in the country, reaching a total of 183,500 schools in 2018.
Further key findings from the report suggest:
• By product, the seating segment dominated the market with a share of 51.3% in 2018. This can be attributed to features such as wide application, high durability, and the ability to add mobility and functionality
• By application, classrooms accounted for the largest revenue share of 79.9% in 2018. Increasing student enrolment in schools across the globe has upped product demand
• Asia Pacific is expected to register the fastest growth in the market, exhibiting a CAGR of 7.1% from 2019 to 2025. Rising culture of private school education in developing countries is a key factor driving the regional market
• Top players operating in the school furniture market include Fleetwood Group; Scholar Craft; VS America, Inc.; Smith System Mfg. Co; Knoll, Inc.; Haworth Inc.; VITRA INTERNATIONAL AG.; Virco; Office Line; and MOBeduc.
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Table of Contents
Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. Radiant Insights, Inc. Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Insights
Chapter 3. School Furniture Market Variables, Trends & Scope
3.1. Market Introduction
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
3.3.1. Sales/Retail Channel Analysis
3.3.2. Profit Margin Analysis
3.4. Market Dynamics
3.4.1. Market Driver Analysis
3.4.2. Market Restraint Analysis
3.4.3. Industry Challenges
3.4.4. Industry Opportunities
3.5. Business Environment Analysis
3.5.1. Industry Analysis - Porter's
3.5.1.1. Supplier Power
3.5.1.2. Buyer Power
3.5.1.3. Substitution Threat
3.5.1.4. Threat from New Entrant
3.5.1.5. Competitive Rivalry
Continued…
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The latest trending report Global School Furniture Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025 offered by DecisionDatabases.com is an informative study covering the market with detailed analysis.
The report will assist reader with better understanding and decision making.The global School Furniture market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 2.9% in the forecast period of 2020 to 2025 and will expected to reach USD 17570 million by 2025, from USD 15690 million in 2019.The School Furniture market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.Final Report will cover the impact of COVID-19 on this industry.Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/27906-school-furniture-market-analysis-reportThe major players covered in School Furniture are:KIMinyi FurnitureKnollSteelcaseHaworthHerman MillerFleetwood GroupHNI CorporationVSAilin TechnologyHuihong Teching EquipmentInfiniti ModulesBritish ThorntonBallen PanelsKOKUYOSmith SystemLanlin TeachingJiansheng FurnitureMetalliform Holdings Ltd.Jirong FurnitureBy Type, School Furniture market has been segmented into:Desks & ChairsBookcasesDormitory BedBlackboardsOtherBy Application, School Furniture has been segmented into:ClassroomDormitoryCanteenLibraryOfficeThe report offers in-depth assessment of the growth and other aspects of the School Furniture market in important countries (regions), including:North America (United States, Canada and Mexico)Europe (Germany, France, UK, Russia and Italy)Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia)South America (Brazil, Argentina, Colombia)Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)Download Free Sample Report of Global School Furniture Market @ https://www.decisiondatabases.com/contact/download-sample-27906The content of the study subjects, includes a total of 15 chapters:Chapter 1, to describe School Furniture product scope, market overview, market opportunities, market driving force and market risks.Chapter 2, to profile the top manufacturers of School Furniture, with price, sales, revenue and global market share of School Furniture in 2018 and 2019.Chapter 3, the School Furniture competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.Chapter 4, the School Furniture breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2015 to 2020.Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2015 to 2020.Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2015 to 2020.Chapter 12, School Furniture market forecast, by regions, type and application, with sales and revenue, from 2020 to 2025.Chapter 13, 14 and 15, to describe School Furniture sales channel, distributors, customers, research findings and conclusion, appendix and data source.Purchase the complete Global School Furniture Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-27906All Furniture Related Reports by DecisionDatabases.com @ https://goo.gl/jdTffLAbout-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
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Asia-Pacific (China, India, Japan, Southeast Asia etc.)
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This global industry offers an outlook on the strategic development of the market in terms of revenue profits over the forecast period 2021-2026.The key market players for the global School Furniture market are listed below:Minyi FurnitureKnollSteelcaseHaworthHerman MillerFleetwood GroupHNI CorporationVSAilin TechnologyHuihong Teching EquipmentInfiniti ModulesBritish ThorntonBallen PanelsKOKUYOSmith SystemLanlin TeachingJiansheng FurnitureMetalliform Holdings Ltd.OthersClick here to get a FREE Sample Copy of the School Furniture Market Research Report @ https://www.decisiondatabases.com/contact/download-sample-27906The Global School Furniture Market Report is equipped with market data from 2016 to 2026.
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The detailed sales channel is also covered in the study.COVID-19 Impact Analysis on School Furniture MarketThe global pandemic COVID-19 has affected the School Furniture market directly or indirectly.
The impact study on production, supply-demand, and sales provides a holistic approach to the future.Do You Have Any Query Or Report Customization?
