Educational Furniture Market Size, Competitive Analysis, Industry Share, Growth Factors, Global Research and Forecast to 2030

The scope of our recent study on "Educational Furniture Market Size and Forecasts (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis By Material (Wood, Plastic, Metal, and Others), Product Type (Benches and Chairs, Desks and Tables, Storage Units, and Others), and End Use (Institutional [Elementary School, Secondary School, and Higher Education] and Residential)," includes the factors governing the market growth, revenue estimation and forecast, and market share analysis. It also entails the identification of significant market players and their key developments.

The educational furniture market size is projected to grow from US$ 7,783.45 million in 2022 to US$ 11,611.64 million by 2030; the market is expected to register a CAGR of 5.1% from 2022 to 2030.

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Schools and educational institutes highly prefer educational furniture with high durability and low cost. Several types of educational furniture are designed for high-functionality; for instance, stacking multi-functional chairs and quick movement for multi-purpose space. Schools and educational institutes are focused on refurbishment and planning educational furniture strategies to promote active learning. Further, educational furniture plays a significant role in the learning environment and academic performance. Adjustable movement-based classrooms are trending and have requirements of varied sizes and shapes, as well as patterned furniture for modification and reconfiguration. Several organizations such as United Nations International Children's Emergency Fund procure and supply school furniture to the developing countries of Africa and Asia. The organizations prefer the procurement of child-friendly, low-maintenance, appropriate quality, and durable furniture.

The educational furniture market is segmented into five regions-North America, Europe, Asia Pacific, the Middle East & Africa, and South & Central America. In 2021, North America dominated the global market. A surge in the number of schools, continuous support for high-quality primary education, and emphasis on sports and extracurricular activities are a few of the major factors fueling the educational furniture market. According to the US Department of Education, in 2020, 48.1 million students were enrolled in public schools in the US, from kindergarten to grade 12. The rising number of educational institutes, along with growing enrollments of students, is expected to boost the demand for educational furniture during the forecast period.

The "Global Educational Furniture Market Analysis to 2028" is a specialized and in-depth study of the consumer goods industry, focusing on the global educational furniture market trend analysis. The report aims to provide an overview of the market with detailed market segmentation. The global educational furniture market is segmented on the basis of material, product type, and end use. Based on material, the market is segmented into wood, plastic, metal, and others. Based on product type, the market is segmented into benches and chairs, desks and tables, storage units, and others. Based on end use, the global educational furniture market is bifurcated into institutional and residential. Based on geography, the market is segmented into five main regions-North America, Europe, Asia Pacific, the Middle East & Africa, and South & Central America. In 2021, North America dominated the educational furniture market, and Asia Pacific is expected to register the highest CAGR in the market during the forecast period.

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Flavor Masking Agents Market: Segmental Overview

Based on end use, the educational furniture market is bifurcated into institutional and residential. In 2021, the institutional segment dominated the market and is expected to register a higher CAGR during 2022-2030. The educational furniture market for institutional applications is widely growing due to rising focus of governments of several countries on educational infrastructure. For instance, the Massachusetts Department of Transportation (MassDOT), through its Safe Routes to School (SRTS) Program, launched the 2022-2023 Infrastructure Funding Program in May 2022. The program was initiated to provide design and construction services for projects between US$ 300,000 and US$ 1.5 million in areas immediately around public elementary, middle, and high schools in Massachusetts.

Students spend an average of six hours each day in school. Therefore, educational institutes demand for safer and modern furniture designs to create a comfortable learning environment for their students. The rising need for aesthetically appealing, safe, and healthy learning environments for students is driving the growth of the educational furniture market. The increasing popularity of portable chairs, desks, and tables that allow classrooms to be grouped easily for interactive activities and projects and rearranged for individual work drives the educational furniture market.

Flavor Masking Agents Market: Competitive Landscape

Some of the key players operating in the global educational furniture market are AFC Furniture Solutions Pvt Ltd, Fleetwood Group Inc, Scholar Craft Products Inc, Smith Systems Manufacturing Co, Knoll Inc, Haworth Inc, Vitra International AG, Virco Manufacturing Corp, Office Line Srl, and Creaciones Falcon SLU. These players focus on developing innovative furniture with ergonomic designs to cater to the consumer demand.

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