Europe School Furniture Market Size, Share, and COVID-19 Impact Analysis, By Product (Storage, Desks, Chairs, Lab Equipment, and Others), By Material (Metal, Plastic, Wood, and Others), By Distribution Channel (Offline, and Online), and Europe School Furniture Market Insights Forecasts 2023 - 2033.

Industry: Consumer Goods

RELEASE DATE Jun 2024
REPORT ID SI4478
PAGES 170
REPORT FORMAT PathSoft

Europe School Furniture Market Insights Forecasts to 2033

  • The Europe School Furniture Market Size was valued at USD 1,592 Million in 2023
  • The Market Size is Growing at a CAGR of 4.86% from 2023 to 2033.
  • The Europe School Furniture Market Size is Expected to Reach USD 2,560 Million by 2033.

 

Europe School Furniture Market

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The Europe School Furniture Market size is expected to reach USD 2,560 Million by 2033, at a CAGR of 4.86% during the forecast period 2023 to 2033.

 

Market Overview

School furniture refers to customized seats, desks, and tables built for educational uses. It is precisely designed to meet students' ergonomic demands and promote optimal learning. It is available in a variety of forms and sizes to suit different age groups and learning activities. It provides comfort, fosters optimal learning circumstances, encourages appropriate posture, and alleviates discomfort during extended study sessions. Furthermore, the flexible features allow for modification to particular student needs, and collaborative seating arrangements among students promote engagement and teamwork. Furthermore, the construction of schools in the region is likely to increase as the population grows rapidly. The growing emphasis on the educational sector in both urban and rural areas, as well as obligatory primary education initiatives offered by governments across the region, are moving school development forward. With outdated school facilities, overcrowded classrooms, changes in building safety requirements, and technology advancements, many countries' governments must choose between investing in new infrastructure and improving current ones. Due to these reasons, the demand for school furniture is increasing significantly in Europe region.

 

Report Coverage

This research report categorizes the market for the Europe school furniture market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Europe school furniture market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Europe school furniture market.

 

Europe School Furniture Market Report Coverage

Report CoverageDetails
Base Year:2023
Market Size in 2023:USD 1,592 Million
Forecast Period:2023-2033
Forecast Period CAGR 2023-2033 :4.86%
2033 Value Projection:USD 2,560 Million
Historical Data for:2019-2022
No. of Pages:170
Tables, Charts & Figures:110
Segments covered:By Product, By Material, By Distribution Channel
Companies covered:: HNI Corporation, Herman Miller, Inc., Steelcase Inc., KI Furniture, Hertz Furniture, Fleetwood Group, VS America, Knoll, Inc., and Others
Pitfalls & Challenges:Covid 19 Impact Challanges, Future, Growth and Analysis

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Driving Factors

Several domestic and international school furniture producers have established large presences in Europe. To ensure long-term success, regional manufacturers are introducing school furniture made from environmentally friendly materials. Furthermore, the growing demand for ergonomic school furniture that prevents students from developing posture-related health problems helps the expansion of the European school furniture market. With the increased awareness of ergonomics, prominent regional market participants are investing in high-quality raw materials for school furniture production. Furthermore, the introduction of smart desks, ongoing product advancements in educational furniture, government financing for the education sector, and an increase in the number of schools are expected to contribute to the growth of the Europe school furniture market over the forecast period.

 

Restraining Factors

Environmental concerns, as well as rising and variable raw material costs, have a detrimental impact on wood goods and impede the expansion of Europe school furniture market.

 

Market Segment

  • In 2023, the desks segment accounted for the largest revenue share over the forecast period.

Based on product, the Europe school furniture market is segmented into storage, desks, chairs, lab equipment, and others. Among these, the desks segment has the largest revenue share over the forecast period. Desks are essential components of the classroom environment that contribute to students' comfort and productivity, hence improving the educational experience. Furthermore, the adaptability of desks to various teaching styles, as well as technological integration, are driving the expansion of the desk segment in the Europe school furniture market.

 

  • In 2023, the wood segment is witnessing significant growth over the forecast period.

Based on material, the Europe school furniture market is segmented into metal, plastic, wood, and others. Among these, the wood segment is witnessing significant growth over the forecast period. Wood's ageless elegance and innate warmth make it the most popular material for school furniture. Its natural attraction generates a learning environment and a pleasant ambiance that appeals to both students and educators.

 

  • In 2023, the online segment is witnessing significant growth over the forecast period.

Based on the distribution channel, the Europe school furniture market is segmented into offline and online. Among these, the online segment is witnessing significant growth over the forecast period. Online distribution channels are growing in popularity due to their convenience and reach, with e-commerce platforms and manufacturers' official websites providing seamless browsing and purchasing experiences serving as another important development driver.               

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Europe school furniture market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

 

List of Key Companies

  • HNI Corporation
  • Herman Miller, Inc.
  • Steelcase Inc.
  • KI Furniture
  • Hertz Furniture
  • Fleetwood Group
  • VS America
  • Knoll, Inc.
  • Others

 

Key Target Audience

  • Market Players
  • Investors
  • End-users
  • Government Authorities 
  • Consulting and Research Firm
  • Venture capitalists
  • Value-Added Resellers (VARs)

 

Market Segment

This study forecasts revenue at regional, and country levels from 2022 to 2033. Spherical Insights has segmented the Europe School Furniture Market based on the below-mentioned segments:

 

Europe School Furniture Market, By Product Type

  • Storage
  • Desks
  • Chairs
  • Lab Equipment
  • Others

 

Europe School Furniture Market, By Material

  • Metal
  • Plastic
  • Wood
  • Others

 

Europe School Furniture Market, By Distribution Channel

  • Offline
  • Online

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