Global School Furniture Market 2017-2021
- Published: Nov 2017
- Pages: 122
- SKU: IRTNTR15940
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This market research study identifies Herman Miller, Steelcase, Smith System, and Virco as the leading players in the global school furniture market. A comprehensive analysis of this market is also presented by product (seating furniture, storage furniture, laboratory furniture, and others) and by geography (the Americas, APAC, and EMEA).
Global school furniture market forecast
Vendors are offering eco-friendly and green solutions for storage equipment, seating, and laboratory furniture due to the rising demand for such furniture for modern classrooms. Modern classrooms also include technically equipped and safe furniture and this has encouraged organizations to come up with regulations to improve the standards of local school furniture management and procurement processes. Our research analysis on the global school furniture market has identified the introduction of stringent environmental regulations as one of the major factors that will have a positive impact on this market’s growth in the coming years. This will induce manufacturers to focus on the development of furniture that can be recycled and reused. Technavio’s market research analysts have predicted that this market will grow at a CAGR of almost 17% by 2021.
The rising importance of multipurpose furniture will be one of the key trends that will gain traction in the school furniture market during the next few years. The vendors are focusing on creating an immersive learning environment for students by introducing multipurpose seating and library furniture. With the adoption of these types of furniture, the rate of collaborative and group-based activities in classrooms will subsequently increase. Nova Solutions offers multipurpose tables that provide a convenient and flexible learning environment.
School furniture market size: Competitive landscape and key vendors
The school furniture market is highly fragmented with the presence of many global and regional players. The increasing focus on product extensions, product differentiation, and pricing will intensify the competitive environment among the players in the classroom furniture market. To sustain in this competitive environment, the vendors are increasingly focusing on introducing innovative designs and using advanced technologies and materials.
Key vendors in this market are -
- Herman Miller
- Smith System
The other vendors covered in this report are Ballen Panels, Fleetwood Group, Hertz Furniture, Knoll, and KI.
Segmentation by product and analysis of the school furniture market
- Seating furniture
- Storage furniture
- Laboratory furniture
A large number of schools are building modern classrooms that demand ergonomic furniture. This, in turn, will improve the learning process by offering an effective learning environment to the students. The rising number of enrollments contributing growth towards the school furniture market in the seating furniture segment. The lack of ergonomic seating standards will result in poor concentration and educational drawbacks such as lack of attention. This is compelling the vendors in the classroom furniture market to provide tailor-made seating solutions and modern classroom furniture.
Segmentation by geography and analysis of the school furniture market
The school furniture market is witnessing growth in the Americas due to the rising number of schools and the adoption of modern methods of teaching. This teaching includes blended learning, collaborative learning, and others. The modern teaching methodologies include the adoption of advanced and innovative classroom furniture. Furthermore, the region is also experiencing an increasing demand for technology-enabled tables and storage furniture solutions.
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Key questions answered in the report include
- What will the market size and the growth rate be in 2021?
- What are the key factors driving the global school furniture market?
- What are the key market trends impacting the growth of the global school furniture market?
- What are the challenges to market growth?
- Who are the key vendors in the global school furniture market?
- What are the market opportunities and threats faced by the vendors in the global school furniture market?
- What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
- What are the key outcomes of the five forces analysis of the global school furniture market?
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
- Global furniture market
PART 05: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 06: MARKET SIZING
- Market definition
- Market sizing 2016
- Market size and forecast 2016-2021
PART 07: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 08: MARKET SEGMENTATION BY PRODUCT
- Segmentation by product
- Comparison by product
- Seating furniture– Market size and forecast 2016-2021
- Storage furniture– Market size and forecast 2016-2021
- Laboratory furniture– Market size and forecast 2016-2021
- Others – Market size and forecast 2016-2021
- Market opportunity by product
PART 09: REGIONAL LANDSCAPE
- Geographical segmentation
- Regional comparison
- Americas – Market size and forecast 2016-2021
- EMEA – Market size and forecast 2016-2021
- APAC – Market size and forecast 2016-2021
- Market opportunity
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 12: MARKET TRENDS
- Rapid popularity of online retailing
- Rising importance of multipurpose furniture
- Surging acceptance of makerspaces
- Redesigning staffrooms
PART 13: VENDOR LANDSCAPE
- Competitive scenario
- Competitive benchmarking
- Growth strategy
PART 14: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Ballen Panels
- Herman Miller
- Fleetwood Group
- Hertz Furniture
- Smith System
PART 15: APPENDIX
- List of abbreviations
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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