School Furniture Market in North America by Product and Geography - Forecast and Analysis 2021-2025

  • Published: Jan 2021
  • Pages: 120
  • SKU: IRTNTR44242
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The school furniture market size in North America has the potential to grow by USD 237.35 million during 2021-2025, and the market’s growth momentum will accelerate during the forecast period.

This report provides a detailed analysis of the market by product (seating, storage, lab equipment, and other furniture) and geography (the US, Canada, and Mexico). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including Fleetwood Group Inc., Haworth Inc., Herman Miller Inc., HNI Corp., KI, Kimball International Inc., Knoll Inc., Steelcase Inc., Teknion Group, and Virco Mfg. Corp.

Market Overview

School-Furniture-Market-In-North-America-Market-Size-2020-2025

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Market Competitive Analysis

The market is fragmented. Fleetwood Group Inc., Haworth Inc., Herman Miller Inc., HNI Corp., KI, Kimball International Inc., Knoll Inc., Steelcase Inc., Teknion Group, and Virco Mfg. Corp. are some of the major market participants. Factors such as growing demand for modern, luxury furniture will offer immense growth opportunities. However, high transportation cost coupled with freight loss may impede market growth. To make the most of the opportunities, vendors should focus on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

To help clients improve their market position, this school furniture market forecast in North America report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this school furniture market analysis in North America report provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

This report provides information on the production, sustainability, and prospects of several leading companies, including:

  • Fleetwood Group Inc.
  • Haworth Inc.
  • Herman Miller Inc.
  • HNI Corp.
  • KI
  • Kimball International Inc.
  • Knoll Inc.
  • Steelcase Inc.
  • Teknion Group
  • Virco Mfg. Corp.

 

School Furniture Market in North America: Segmentation by Geography

School-Furniture-Market-In-North-America-Market-Share-by-Region-2020-2025

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The report offers an up-to-date analysis regarding the current North America market scenario, latest trends and drivers, and the overall market environment. The US will offer several growth opportunities to market vendors during the forecast period. The growth in demand for eco-friendly furniture will significantly influence school furniture market in North America's growth in this region.

69% of the market’s growth will originate from the US during the forecast period. The US, Canada, and Mexico are the key markets for school furniture market in North America. This report provides an accurate prediction of the contribution of all segments to the growth of the school furniture market size in North America.

School Furniture Market in North America: Key Highlights of the Report for 2021-2025

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive school furniture market growth in North America during the next five years
  • Precise estimation of the school furniture market size in North America and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the school furniture industry across the US, Canada, and Mexico
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of school furniture vendors in North America

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School Furniture Market In North America Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 2%

Market growth 2021-2025

$ 237.35 million

Market structure

Fragmented

YoY growth (%)

2.12

Regional analysis

US, Canada, and Mexico

Performing market contribution

US at 69%

Key consumer countries

US, Canada, and Mexico

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Fleetwood Group Inc., Haworth Inc., Herman Miller Inc., HNI Corp., KI, Kimball International Inc., Knoll Inc., Steelcase Inc., Teknion Group, and Virco Mfg. Corp.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Market characteristics
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Product

    • Market segments
    • Comparison by Product
    • Seating - Market size and forecast 2020-2025
    • Storage - Market size and forecast 2020-2025
    • Lab equipment - Market size and forecast 2020-2025
    • Other furniture - Market size and forecast 2020-2025
    • Market opportunity by Product

    Customer Landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • US - Market size and forecast 2020-2025
      • Canada - Market size and forecast 2020-2025
      • Mexico - Market size and forecast 2020-2025
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Competitive scenario
      • Vendor landscape
      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • Fleetwood Group Inc.
      • Haworth Inc.
      • Herman Miller Inc.
      • HNI Corp.
      • KI
      • Kimball International Inc.
      • Knoll Inc.
      • Steelcase Inc.
      • Teknion Group
      • Virco Mfg. Corp.

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      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.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
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      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
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      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
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      The school furniture market growth will increase by $228.76 million during 2019-2024.
      The school furniture market is expected to grow at a CAGR of 2.38% during 2019-2024.
      Technavio has segmented the school furniture market by product (Seating, Storage, Lab equipment, and Other furniture) and geographic (US, Canada, and Mexico).
      Fleetwood Group Inc., Haworth Inc., Herman Miller Inc., HNI Corp., KI, Kimball International Inc., Knoll Inc., Steelcase Inc., Teknion Group, Virco Mfg. Corp. are a few of the key vendors in the school furniture market.
      US will register the highest growth rate of 65.30% among the other regions. Therefore, the school furniture market in US is expected to garner significant business opportunities for the vendors during the forecast period.
      The key factors driving the school furniture market growth are:
      • Growing demand for modern, luxury furniture
      The school furniture market vendors should focus on grabbing business opportunities from the seating segment as it accounted for the largest market share in the base year.
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