Europe Educational Furniture Market Forecast to 2028-Regional Analysis- by Material (Wood, Plastic, Metal, and Others), Product Type (Benches and Chairs, Desks and Tables, Storage Units, and Others), and End Use (Institutional and Residential)
The Europe educational furniture market is expected to grow from US$ 1,900.72 million in 2022 to US$ 2,503.36 million by 2028. It is estimated to grow at a CAGR of 4.7% from 2022 to 2028.
Growing Demand for Modern and Flexible Learning Spaces is Fueling Europe Educational Furniture MarketSchools in different parts of the region plan to create dynamic and collaborative learning environments that are adaptable to a wide range of learning styles, and furniture plays a major role in this effort. Modern classrooms are no longer static spaces; rather, they have become fluid and flexible ones that can be easily adapted to meet the changing needs of students and teachers. Moreover, schools are seeking customized furniture that meets their specific needs. As a result, furniture manufacturers are increasingly offering customizable options that allow schools to choose the size, shape, and features of their furniture. Customization can include everything from the color of upholstery to the placement of power outlets and charging ports. The growing demand for such modern learning spaces is contributing to the growth of the educational furniture market. As schools move away from traditional, lecture-based classrooms, they require furniture that can be easily rearranged to accommodate different learning styles and group sizes. Thus, flexibility is another key driver of the educational furniture market growth. In response, furniture manufacturers are creating modular furniture that can be quickly reconfigured to suit the needs of different learning activities. For example, chairs and desks may be designed to be easily stacked and stored when not in use, or they may be designed to be easily moved around the room to create different seating arrangements.
Europe Educational Furniture Market OverviewSeveral domestic and international school furniture manufacturers have strong footholds in Europe. Manufacturers in the region are launching school furniture with eco-friendly raw materials to achieve sustainable growth. Moreover, the rising demand for ergonomic school furniture that prevents posture-related health problems among children contributes to Europe educational furniture market growth. With the growing awareness of ergonomics, key players in the regional market are investing in superior-quality raw materials for manufacturing school furniture products. In addition, the introduction of smart desks, continuous product innovations in educational furniture, government funding for education sector and an increase in the number of schools are anticipated to contribute to the growth of the educational furniture market during the forecast period. In May 2022, the European Investment Bank (EIB) announced funding of US$ 3.2 million to develop educational infrastructure in Montenegro. The grant was offered to the government of Montenegro to support the modernization of the national educational system by upgrading and constructing preschools and vocational schools in Montenegro. In addition, the European Union has plans to invest in education and training through the Recovery and Resilience Facility program, which will focus on investment in educational infrastructure. Such initiatives drive the growth of educational furniture in the region.
Exhibit: Europe Educational Furniture Market Revenue and Forecast to 2028 (US$ Million)
Europe Educational Furniture Market SegmentationThe Europe educational furniture market is segmented based on material, product type, end use, and country.
Based on material, the Europe educational furniture market is segmented into wood, plastic, metal, and others. The wood segment held the largest share of the Europe educational furniture market in 2022.
Based on product type, the Europe educational furniture market is segmented into benches and chairs, desks and tables, storage units, and others. The benches and chairs segment held a larger share of the Europe educational furniture market in 2022.
Based on end use, the Europe educational furniture market is segmented into institutional and residential. The institutional segment held a larger share of the Europe educational furniture market in 2022.
Based on country, the Europe educational furniture market has been categorized into the UK, Germany, France, Italy, Russia, and the Rest of Europe. Our regional analysis states that the Rest of Europe dominated the Europe educational furniture market in 2022.
Creaciones Falcon SLU, Haworth Inc, Knoll Inc, Virco Manufacturing Corp, and Vitra International AG are the leading companies operating in the Europe educational furniture market.
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