Student Accommodation Furniture Market Size, Share, Growth, Industry Analysis, By Type (Beds, Desks, Chairs and Storage Units), By Application (Universities, Colleges, Student Housing), and Regional Forecast to 2034

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STUDENT ACCOMMODATION FURNITURE MARKET OVERVIEW

The global student accommodation furniture market size is estimated at USD 3.19 billion in 2025, set to expand to USD 5.13 billion by 2034, growing at a CAGR of 5.42%.

Just as the name suggests, it involves furniture that is used by the students. This includes furniture that the students use for study as well as the used in their day to day life. Since it is used by students, the furniture should firstly be practical, affordable and be multifunctional to compensate for the limited space. The market for the student accommodation furniture is driven by increase in the enrollment, demand for affordable furniture and growing educational institutions are playing a part in the market growth.

KEY FINDINGS

• Market Size and Growth: The global student accommodation furniture market size is estimated at USD 3.19 billion in 2025, set to expand to USD 5.13 billion by 2034, growing at a CAGR of 5.42%.

• Key Market Driver: The key factor driving the growth of the student housing and related furniture market is the rapid increase in the student population. It was found that there were over 220 million tertiary students globally in the year 2024.

• Major Market Restrain: Budget constraint is the major factor that is limiting the growth of the student accommodation furniture market. In many regions around the globe it is limiting the investment in high-quality furniture. It is also found that over 30% of educational institutions reported a cost challenge in the year 2023.

• Emerging Trends: Modular and multifunctional furniture are the emerging trends in the market and it accounted for 35% of the new purchases in the year 2024. This trend was formed to maximize the small living spaces.

• Regional Leadership: It is noted that Europe is the dominant player in the student accommodation furniture market as it holds 40% of the global market shares. This is due to the continent's large student housing sector and with countries like UK, Germany and France aiding its growth.

• Key Players: Manufacturers namely Steelcase, IKEA and Herman Miller are considered as the dominant players in the market who hold significant market shares. They are supplying over 50% of the institutional orders globally.

• Market Segmentation: The major segment of the student accommodation furniture market is the desks and chairs as they constitute 50% of the global furniture demand. For compact designs bed and storage units are increasingly preferred.

• Recent Development: IKEA, a global furniture company launched a new line of student furniture in the year 2024. This furniture is eco-friendly and made from recycled materials. This increases the sustainability appeal of the product by 25% especially among the university students.

LATEST TREND

Integrating Technology is the New Trend in the Market

Using furniture that has technology integrated into them is the latest trend in this market. This technologically integrated furniture offers features such as charge ports for charging smartphones, tablets and laptops, adjustable desktops for keeping laptops and furniture that are portable and can be controlled with the help of a voice or an app. This furniture has made it easy for the students to maintain them thereby making it ideal for their use.

US TARIFF IMPACT

US Tariffs Leads to an Increase in The Cost of the Furniture for The Students

The implementation of tariffs on the student accommodation furniture market leads to an increase in the cost of the furniture for the students and student housing providers. Tariffs could also result in the increase in the cost of the accommodations for the students. Due to these factors the profit margins could drastically reduce which may ultimately result in delayed renovation of the accommodation or use of less expensive furniture for the housing. One of the major impacts of the tariff is that students opt out of staying in the accommodation which could lead to decline in the housing market and in turn it also leads to decline of the student accommodation furniture market.

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STUDENT ACCOMMODATION FURNITURE SEGMENTATION

By Type

Based on Type, the global student accommodation furniture market is segmented into Beds, Desks, Chairs and Storage Units.

• Beds: Beds for the students' accommodation are designed with the minimum space of the room in mind. Hence most of the beds used are bunk beds or loft beds. Some of the beds are even designed to have drawers which are used to store clothes and other essentials of the students.

• Desks: The desks comprise the major part of the student accommodation furniture market as they are used not only in the educational institutions but also in the accommodation. The desks are selected based on their durability and design. For the accommodation, the desks that are usually selected have drawers and other small compartments. This is done to maximize space.

• Chairs: The chairs for the student accommodation are usually bought along with the desks. The key factor to note is the durability and sustainability properties of the chair along with comfortability. Although wood chairs are preferred, with the development of modern technology, tech integrated chairs are also gaining popularity.

• Storage Units: As these storage units are primarily used by students, its main focus is maximizing space in the dorm. So most of these storage units are incorporated in beds, desks, storage ottomans. The common ones are bookshelves and closets. The popular ones in recent years are the tech integrated ones which allow for charging and portal options.

By Application

Based on application, the student accommodation furniture market is segmented into Universities, Colleges and Student Housing.

• Universities :In universities the furniture is designed according to the needs and comfort of the students and staff. They tend to be cognizant of maximizing area. As a result, beds usually have storage units like drawers and bunk beds are widely popular. Desks and tables have portable options. Universities provide most of the necessary furniture. However, students are also allowed to customize their dorms based on their preference by adding their personal piece of furniture.

• Colleges: Furniture for colleges are very much similar to the universities. As it also includes writing desks and tables that are portable, beds that have drawers and storage units like closets having multiple compartments. This is mainly done to maximize the minimum space available in the college hostels.

• Student Housing: The furniture for the student housing or dormitory market has rapidly increased in recent years. This is mainly due to the increase in the enrollment and customization of the furniture according to the student’s preferences. In 2024, the market was valued at 5.91 billion and with the demand constantly increasing it is expected to reach 9.93 billion USD by 2033.

MARKET DYNAMICS

Market dynamics includes driving and restraining factor, opportunities and challenges stating the market conditions.

Driving Factors

Increase in the Student Enrollment Driving the Market Growth

In recent years there has been a surge in the student enrollment in both domestic and international educational institutions. This in turn has led to the increase in the student housing accommodation, be it apartments, dorm rooms and even houses. This is creating a demand for the furniture industry and in turn has led to student accommodation furniture market growth on the global scale.

Government Funding Fueling the Market Growth

Governments across the globe are investigating more in the education industry. This is done to give quality education to the upcoming generation. This involves investing in the infrastructure of the education institutions as well, which includes the furniture needed by the students. Governments are focusing on the durable and sustainable furniture for the institutions as they will be for a long time. Some international institutions are also focusing on the technology of integrated furniture for their students. This has greatly helped with the growth of the student accommodation furniture market.

Restraining Factors

High Cost Restraining the Market Growth

Renting furniture for the accommodation is quite popular among the students and this comes with its own set of problems, such as the high cost of delivering the furniture to the accommodation site and also the cost of maintenance. This could deter the renting of furniture from the rental stores leading to a decline in the student accommodation furniture market.

Rise of Rental Stores Challenging the Market Growth

Opportunity

With the rise of educational institutions around the globe, there has been a significant rise in the furniture rental stores as well. These rental stores provide the necessary furniture for an affordable rent to the students. Not only is this option cost-effective, it is also a flexible alternative compared to purchasing the furniture. This hinders the growth of the student accommodation furniture market.

Growth of E-commerce Platforms Opening New opportunities for the Market Growth

Challenge

With the rapid growth of digitalization, the e-commerce platform has also seen significant growth. These platforms offer the sales of furniture for the students. Students can view, review and even purchase the furniture from the comfort of their home and most of these online stores offer delivery services as well. This option has led to the significant rise of the student accommodation furniture market.

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STUDENT ACCOMMODATION FURNITURE MARKET REGIONAL INSIGHTS

• North America

The United States student accommodation furniture market is experiencing growth in recent years. The factor leading to the growth in this region is the increasing popularity of the tech integrated furniture, the need for sustainable and durable furniture and furniture with modular designs.

With the rising popularity of modular and space saving designs, the US market is expected to reach 5.273 billion USD by the year 2030. With Artcobell, KI and University Loft company being the key players in this region.

• Europe

Europe is considered as the dominant player in the global student accommodation furniture market. The market in this region is fueled by the presence of RTA along with flat-pack furniture, increase in the student enrollment and the rapid growth of the online sales platform have also played a key role in the growth.

Currently the market in this region is valued at 27.73 billion USD and with the rapid growth the market is segmented to reach 36.76 billion USD by 2030. The companies such as Amber Student, UniPlaces and education such as STEM are playing a vital role in this market growth.

• Asia

In this region the student accommodation furniture market is experiencing substantial growth. The growth within the Asia-Pacific region is mainly fueled by the tech integrated furniture, increase in the student enrollment especially for higher education and popularity of multifunctional furniture.

China holds the top spot as it has the most number of students in this region and it holds the dominant positon in the student accommodation furniture market share in this region. Then comes Australia and Japan due to higher numbers of international student enrollment followed by India with increase in enrollment and urbanization.

KEY INDUSTRY PLAYER

Key Industry Players Shaping the Market Through Innovation and Market Expansion

The key players are also called as the dominant players in the student accommodation furniture market. They are responsible for keeping up with the latest trends in the market. The dominant players invest in research and development to come up with new and innovative products to the global market. Key players are also responsible for the smooth distribution and supply of the products. They come up with new strategies to boost the market growth as well. Hence key players are vital for the growth of the student accommodation furniture market.

List of Key Student Accommodation Furniture Companies

• Oppeinhome (China)
• Entrawood (South Africa)
• InStyle Direct (U.K.)
• Get Fully Furnished (U.K.)
• Fusion Furniture Solutions (India)
• Jtellis (U.S.)
• LOFT (U.S.)
• Deanestor (U.K.)
• Furniture Pack Solutions (U.K.)
• Dams (U.K.)

KEY INDUSTRY DEVELOPMENT

August 2024: KI (Krueger International) an American based furniture company was awarded with the 2024 Wisconsin 75 Distinguished Performer Award. The company got the award for the sustainability category. This award was given to KI to recognize its contribution to the economic and community impact. This award also highlights the KI's leadership in environmental responsibility as well its unwavering commitment in supporting a sustainable future.

REPORT COVERAGE

This report covers the basis of the student accommodation furniture and its market in domestic and global scale. It describes the latest trends in the market and its impact on the market growth. The implementation of tariffs on the market and how it affects the market in the long run.

The report briefly covers the segmentation of the student accommodation furniture market and its contribution to the market growth. The driving factors and opportunities that help with boosting the market growth. The restraining factors and challenges that hinder the growth.

The report describes the regional insight of the student accommodation furniture market. The list of key industry players and their role in the market growth. It also briefly describes the key industry development that played a significant role in the global market.