Educational Furniture Market Size, Share, Growth, And Industry Analysis by Type (Desks and Chairs, Bookcases, Dormitory Bed and Others) by Application (Classroom, Dormitory, Canteen, Library, Office and Others), Regional Insights, and Forecast To 2031

Updated On: 01 April 2024

Educational Furniture Market Report Overview

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The global educational furniture market size was USD 4699 million in 2021 and market is projected to touch USD 7253.7 million by 2031, at a compound annual growth rate (CAGR) of 4.4% during the forecast period.

Moving items that support diverse human activities including sleeping, eating, and sitting are referred to as furniture (such as chairs, stools, and sofas, beds). Additionally, furniture such as tables and desks may be used as horizontal surfaces above the ground to store items or keep objects at a comfortable height for working (cupboards and shelves). Furniture is thought of as a type of ornamental art and may be the outcome of design. A few examples of places where furniture is utilised include camping, bedrooms, labs, schools, preschools, spas, offices, cleanrooms, restaurants, outdoor spaces, libraries, foldable furniture, parks, and businesses. The majority of furniture is made of materials like glass, steel, wood, and plastic. Furniture includes both movable objects like chairs, beds, and other furniture as well as decorative elements.

Given that children spend a lot of time in schools, choosing the right school furniture is crucial to establishing a productive and high-performing learning environment. educational furniture that is inappropriate and unpleasant can be harmful to both instructors' and students' health. Today, institutions are improving their current assets and buying new furnishings with these considerations in mind. The primary market driver is an increase in demand for furniture with ergonomic designs to minimise children's posture and health issues. One of teachers' top priorities is to provide conducive and pleasant learning environments, which benefits the global educational furniture market. Portable and adaptable furniture with easy reconfiguration is now crucial in the current era of comprehensive, interactive, and dynamic educational techniques like blended learning and flip classrooms.

COVID-19 Impact: Market Dynamics were Impacted by Pandemic Interruptions including Transportation and School Shutdowns.

The emergence of COVID-19 has had an influence on the transportation industry because of the labour shortage and serious health risks associated with long transportation routes. Educational furniture manufacturers were concerned about the safety of their products during transportation. They focus on minimizing freight losses as well in order to lessen the risk of freight loss when transporting educational furniture to other parts of the world. These concerns are predicted to have a negative effect on educational furniture market growth. During the lockdown, which lasted from early 2020 until the beginning of 2021, all schools and colleges were shuttered in order to stem the disease's spread. However, it is predicted that the industry would experience a growth in educational furniture sales through e-commerce platforms during the course of the forecast period. As a result, the market has started to revive as of 2021, when educational activities will resume and new schools will open. This will be followed by the lifting of restrictions and a comeback in the economy. These elements are expected to drive the educational furniture market growth throughout the projected timeframe. 

Latest Trends

"Future of the Educational Furnishing Business to be Changed by Smart Classrooms"

Since educational furniture is regarded as an essential part of the educational infrastructure, the enormous development in applications to schools throughout the globe is one of the key drivers propelling the educational furniture market growth. Additionally, the government-sponsored programmes to expand education and establish new schools are providing firms in the industry with profitable expansion opportunities. In order to improve comfort and student learning, several schools are also emphasizing the installation of high-quality furniture.

The market is growing as a result of the new trend of "smart classrooms," which include computer screens and projectors to improve learning in educational institutions. Major corporations are manufacturing environmentally friendly alternatives made from recyclable and sustainable materials like scrap wood in order to further reduce carbon footprints and protect natural resources. Additionally, they are using internet retail platforms to market beautiful, custom furniture. Along with the developing e-commerce industry and the increased usage of ergonomically built furniture that helps decrease health and postural concerns in children, this is anticipated to have a positive influence on the educational furniture market share in the upcoming years.  

Educational Furniture Market SEGMENTATION

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• By type

Depending on educational furniture market given are types: Desks and chairs, bookcases, dormitory bed and others. The Desks and chairs type will capture the maximum market share through 2031.

• By Application

The market is divided in classroom, dormitory, canteen, library, office and others based on application. The global educational furniture market players in cover segment like classroom will dominate the market share during 2031.

Driving Factors

"Educational Furniture with Ergonomic Designs to Boost Market Growth"

Due to the growing need for ergonomic furniture for comfortable seating, there is an increased requirement for adjustable classroom furniture. The need for furniture that may be used in classrooms, laboratories, libraries, and other locations has also increased. Many new raw materials are being utilised to produce furniture, and all of them have shown to be stronger, more durable, and more environmentally friendly than the older ones. This has been essential to the educational furniture market growth. For instance, producers have been making tables, chairs, and benches for classrooms and schools out of materials including high-pressure laminate, processed or engineered wood, and moulded plastic. Furniture with additional storage options acts as a space-saving solution in smaller, more constrained classrooms, and demand for the educational furniture market has greatly expanded recently.

"Need for Furniture that Is Affordable and can be Easily Replaced or Upgraded as Needed to Fuel Market Size"

Along with an increase in the need for educational furniture, low-cost, easily replacement furniture is also becoming more necessary. For many schools and other educational institutions, one way to save money is to buy furniture that can be easily altered or replaced. They can keep their costs while still providing their students with the best learning environment possible by doing this. Schools and universities on a tight budget need furniture that won't break the bank. They frequently need to be able to quickly and easily replace furniture since their needs fluctuate.

Restraining Factors

"High Investment Costs for Schools and Colleges to Limit Market Expansion"

One of the primary market constraints for educational furniture market growth is the high investment costs for colleges and universities. A considerable  amount of money is required to completely outfit a school or other institution with new furniture. Furthermore, selecting, purchasing, and installing furniture may be a challenging and time-consuming process for educational institutions. As a result, many schools and universities continue to use outdated furniture that may not be compatible with contemporary teaching methods and student preferences.

The price of the furniture is the biggest barrier to the educational furniture market size expansion. Budgets for educational institutions are frequently restricted and outfitting a school may be expensive. The cost of the furniture may increase since it must also adhere to exacting safety and durability regulations. Due to the dominance of a select few big firms, the market for educational furniture is constrained. Additionally, the cost of educational furniture is significant, which limits market educational furniture market expansion.

Educational Furniture Market Regional Insights

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"Asia-Pacific Will Dominate the Market Because of its Large Number of Educational Institutions. "

Asia Pacific is anticipated to maintain a sizable proportion of educational furniture market share during the projected period of 2021–2031. The surge in consumerism is a result of the good government financial support that many countries' schools get. As an example, the Times of India reported in February 2019 that the Indian Finance Minister has allocated USD 12.1 billion to the nation's educational system. Demand is expected to rise as a result of the region's reducing poverty rate, which would encourage foster children to attend school. For instance, 271 million people in India have been lifted out of poverty in just ten years, according to statistics reported by the Hindu Times in July 2019.  Owing to all the factors the educational furniture market size is anticipated to grow during the projected year.

North America is anticipated to have a sizable influence on the market for educational furniture as a result of the rise in the number of schools opening, which has caused a rise in product utilisation. According to data from educationdata.org, there were 130,930 elementary, middle, and high schools in the United States in 2018. Additionally, by attracting a substantial number of international students who are pursuing their education in the United States, the area is acting as a catalyst for the market's development. For instance, according to statistics provided in November 2019 by the Power of Foreign Education, 10,95,299 students represented an all-time high in terms of the number of foreign students in 2018–19.

Key Industry Players

"Key Players Focus on Partnerships to Gain a Competitive Advantage "

Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.

List of Market Players Profiled

• KI (U.S)
• Steelcase (U.S)
• Herman Miller (U.S)
• Knoll (U.S)
• VS (U.S)
• HNI Corporation (U.S)
• Haworth (U.S)
• Lanlin (U.K)
• British Thornton (U.K)
• Minyi (China)
• Huihong (China)
• Smith System (U.S)
• Jirong (Singapore)
• KOKUYO (Japan)
• Metalliform Holdings Ltd (U.K)
• Infiniti Modules (India)
• JS Education (Turkey)
• Ailin (U.S)

Report Coverage

This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, and restraints. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.