Global School Furniture Market Size study & Forecast, by Product (Storage Units, Seating Furniture, Lab Furniture, Others), by Application (Classroom, Library & Labs, Others) and Regional Analysis, 2023-2030

Global School Furniture Market Size study & Forecast, by Product (Storage Units, Seating Furniture, Lab Furniture, Others), by Application (Classroom, Library & Labs, Others) and Regional Analysis, 2023-2030

Global School Furniture Market is valued at approximately USD 4.09 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 6.1% over the forecast period 2023-2030. School Furniture market is a market furniture manufactured of raw material like wood, plastic, or metal. This furniture is consumed in schools such as tables, chairs, computer tables and more. The School Furniture Market is expanding because of factors such as an Increase in establishment of schools, rise in population interested in getting educated and rise in establishment of nurseries/kindergarten schools. However, negative impact on wood products due to environmental concern and increase and fluctuating cost of raw material tend to hinder the market growth.

The rise in establishment of schools and population interested in getting educated have led to increase in sales of school furniture. As according to Statista 2023, literacy rate in 2020 was 86.8%. Moreover, around 90 percent of the world’s population had completed a primary education in 2020, whereas only 66 percent had attained a secondary education. This increase in world’s population getting educated has led to increase in population in schools resulting in rise in need of school furniture. Increase in educational sector and schools are also a factor which leads to rise in sales of school furniture. According to Statista 2023, total revenue in the Education market is projected to reach USD 5.48 billion in 2022. This revenue from education sector shows that there is growth of school establishment resulting in growth of school furniture. Increase in government expenditure on education further act as an opportunity for school furniture market

The key regions considered for the Global School Furniture Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the presence of key players coupled with increased investment in education sector and number of schools. Moreover, rising disposable income among population has led to growth of school furniture in this region. Asia Pacific is expected to grow significantly over the forecast period, owing to factors such as rising disposable income and increasing standard of living has led to growth in sales of school furniture. Increase in private education moreover better quality of education and facilities has lead to growth of this market in this region.

Major market player included in this report are:
Virco Inc
Smith System Mfg Co
Fleetwood Enterprises
Hertz Furniture
KI Furniture
Scholar Craft
VS America; Inc.
Virco Manufacturing Corporation
Knoll, Inc.
VITRA INTERNATIONAL AG.

Recent Developments in the Market:
 In March 2022 Smith System Mfg. Co-launched Numbers Mobile Chair. It is a versatile chair with an ergonomic layout for optimal posture. The chair's shell has just the proper amount of give and an appropriate angle for allowing children to move, twist, and fidget while still interacting with their classmates.
 In May 2022, Hertz Furniture, a leader in school furnishings, acquired School Furnishings, Hertz furniture has developed a strategy to initiate growth in terms of reach and offerings, to provide customers globally with some appealing new products.

Global School Furniture Market Report Scope:
 Historical Data – 2020 - 2021
 Base Year for Estimation – 2022
 Forecast period - 2023-2030
 Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
 Segments Covered - Product, Application, Region
 Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa


The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:
Storage Units
Seating Furniture
Lab Furniture
Others

By Application:
Classroom
Library & Labs
Others

By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Companies Mentioned
Virco Inc
Smith System Mfg Co
Fleetwood Enterprises
Hertz Furniture
KI Furniture
Scholar Craft
VS America; Inc.
Virco Manufacturing Corporation
Knoll, Inc.
VITRA INTERNATIONAL AG.

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