The Latin America, Middle East and Africa School Furniture Market would witness market growth of 10.9% CAGR during the forecast period (2023-2029).
User-friendly, sturdy, and high-quality materials like wood, medium-density fiber (MDF) board, plastics, and metals are used in the manufacturing of school furniture, which includes lockers, cupboards, desks, chairs, filing & storage cabinets, display boards, and lab equipment. Students can concentrate on their studies to the fullest extent because of the way school furniture is created to ensure their physical and mental well-being. The physical area is transformed into a dynamic learning environment, increasing the flexibility and general productivity of both teachers and pupils.
The allocation of government funds toward education has a noteworthy influence on the market. Reportedly, an increase in government spending on education may lead to schools having more funds to allocate toward the purchase of new furniture. Therefore, the aforementioned factor has the potential to result in a surge in orders as well as sales for manufacturers of school furniture. The school furniture market has experienced an increase in demand due to recent innovations. The implementation of innovative school furniture can provide new characteristics and functionality that have the potential to enhance the learning experience of children.
The education sector is growing rapidly in the African region as well. In accordance with research done in 2021 by the Federal University of Technology, Akure, Nigeria, the efficiency of classroom tasks like reading, writing, and typing is impacted by high levels of postural stress caused by insufficient benches in classrooms. Many schools have taken note of this and are changing their furniture. A significant driver of the expansion of the LAMEA market would be the abundance of raw materials in the region. Furthermore, along with the expansion of lumber mill production, the demand for wooden furniture will also expand. Consequently, it is anticipated that these factors will have a big impact on the growth of the regional market.
The Brazil market dominated the LAMEA School Furniture Market by Country in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $123.3 Million by 2029. The Argentina market is exhibiting a CAGR of 11.5% during (2023 - 2029). Additionally, The UAE market would showcase a CAGR of 10.6% during (2023 - 2029).
Based on Product, the market is segmented into Storage Units, Seating Furniture, Lab Furniture and Others. Based on Application, the market is segmented into Classroom, Library & Labs, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide School Furniture Market is Projected to reach USD 5.7 Billion by 2029, at a CAGR of 5.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include MillerKnoll, Inc., Virco Mfg. Corporation, The HON Company (HNI Corporation), Smith System, Hertz Furniture, VS America, Inc., Paragon Furniture, Inc., Haskell Education, Marco Group, Inc. and Fleetwood Group.
Scope of the Study
Market Segments Covered in the Report:
By Product
- Storage Units
- Seating Furniture
- Lab Furniture
- Others
By Application
- Classroom
- Library & Labs
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- MillerKnoll, Inc.
- Virco Mfg. Corporation
- The HON Company (HNI Corporation)
- Smith System
- Hertz Furniture
- VS America, Inc.
- Paragon Furniture, Inc.
- Haskell Education
- Marco Group, Inc.
- Fleetwood Group
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA School Furniture Market, by Product
1.4.2 LAMEA School Furniture Market, by Application
1.4.3 LAMEA School Furniture Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. LAMEA School Furniture Market by Product
3.1 LAMEA Storage Units Market by Country
3.2 LAMEA Seating Furniture Market by Country
3.3 LAMEA Lab Furniture Market by Country
3.4 LAMEA Others Market by Country
Chapter 4. LAMEA School Furniture Market by Application
4.1 LAMEA Classroom Market by Country
4.2 LAMEA Library & Labs Market by Country
4.3 LAMEA Others Market by Country
Chapter 5. LAMEA School Furniture Market by Country
5.1 Brazil School Furniture Market
5.1.1 Brazil School Furniture Market by Product
5.1.2 Brazil School Furniture Market by Application
5.2 Argentina School Furniture Market
5.2.1 Argentina School Furniture Market by Product
5.2.2 Argentina School Furniture Market by Application
5.3 UAE School Furniture Market
5.3.1 UAE School Furniture Market by Product
5.3.2 UAE School Furniture Market by Application
5.4 Saudi Arabia School Furniture Market
5.4.1 Saudi Arabia School Furniture Market by Product
5.4.2 Saudi Arabia School Furniture Market by Application
5.5 South Africa School Furniture Market
5.5.1 South Africa School Furniture Market by Product
5.5.2 South Africa School Furniture Market by Application
5.6 Nigeria School Furniture Market
5.6.1 Nigeria School Furniture Market by Product
5.6.2 Nigeria School Furniture Market by Application
5.7 Rest of LAMEA School Furniture Market
5.7.1 Rest of LAMEA School Furniture Market by Product
5.7.2 Rest of LAMEA School Furniture Market by Application
Chapter 6. Company Profiles
6.1 MillerKnoll, Inc.
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Segmental and Regional Analysis
6.1.4 Research & Development Expenses
6.2 Virco Mfg. Corporation
6.2.1 Company Overview
6.2.2 Financial Analysis
6.3 The HON Company (HNI Corporation)
6.3.1 Company Overview
6.3.2 Financial Analysis
6.3.3 Research & Development Expenses
6.4 Smith System
6.4.1 Company Overview
6.4.2 Recent strategies and developments:
6.4.2.1 Product Launches and Product Expansions:
6.5 Hertz Furniture
6.5.1 Company Overview
6.6 VS America, Inc.
6.6.1 Company Overview
6.7 Paragon Furniture, Inc.
6.7.1 Company Overview
6.8 Haskell Education
6.8.1 Company Overview
6.9 Marco Group, Inc.
6.9.1 Company Overview
6.10. Fleetwood Group
6.10.1 Company Overview
TABLE 1 LAMEA School Furniture Market, 2019 - 2022, USD Million
TABLE 2 LAMEA School Furniture Market, 2023 - 2029, USD Million
TABLE 3 LAMEA School Furniture Market by Product, 2019 - 2022, USD Million
TABLE 4 LAMEA School Furniture Market by Product, 2023 - 2029, USD Million
TABLE 5 LAMEA Storage Units Market by Country, 2019 - 2022, USD Million
TABLE 6 LAMEA Storage Units Market by Country, 2023 - 2029, USD Million
TABLE 7 LAMEA Seating Furniture Market by Country, 2019 - 2022, USD Million
TABLE 8 LAMEA Seating Furniture Market by Country, 2023 - 2029, USD Million
TABLE 9 LAMEA Lab Furniture Market by Country, 2019 - 2022, USD Million
TABLE 10 LAMEA Lab Furniture Market by Country, 2023 - 2029, USD Million
TABLE 11 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 12 LAMEA Others Market by Country, 2023 - 2029, USD Million
TABLE 13 LAMEA School Furniture Market by Application, 2019 - 2022, USD Million
TABLE 14 LAMEA School Furniture Market by Application, 2023 - 2029, USD Million
TABLE 15 LAMEA Classroom Market by Country, 2019 - 2022, USD Million
TABLE 16 LAMEA Classroom Market by Country, 2023 - 2029, USD Million
TABLE 17 LAMEA Library & Labs Market by Country, 2019 - 2022, USD Million
TABLE 18 LAMEA Library & Labs Market by Country, 2023 - 2029, USD Million
TABLE 19 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 20 LAMEA Others Market by Country, 2023 - 2029, USD Million
TABLE 21 LAMEA School Furniture Market by Country, 2019 - 2022, USD Million
TABLE 22 LAMEA School Furniture Market by Country, 2023 - 2029, USD Million
TABLE 23 Brazil School Furniture Market, 2019 - 2022, USD Million
TABLE 24 Brazil School Furniture Market, 2023 - 2029, USD Million
TABLE 25 Brazil School Furniture Market by Product, 2019 - 2022, USD Million
TABLE 26 Brazil School Furniture Market by Product, 2023 - 2029, USD Million
TABLE 27 Brazil School Furniture Market by Application, 2019 - 2022, USD Million
TABLE 28 Brazil School Furniture Market by Application, 2023 - 2029, USD Million
TABLE 29 Argentina School Furniture Market, 2019 - 2022, USD Million
TABLE 30 Argentina School Furniture Market, 2023 - 2029, USD Million
TABLE 31 Argentina School Furniture Market by Product, 2019 - 2022, USD Million
TABLE 32 Argentina School Furniture Market by Product, 2023 - 2029, USD Million
TABLE 33 Argentina School Furniture Market by Application, 2019 - 2022, USD Million
TABLE 34 Argentina School Furniture Market by Application, 2023 - 2029, USD Million
TABLE 35 UAE School Furniture Market, 2019 - 2022, USD Million
TABLE 36 UAE School Furniture Market, 2023 - 2029, USD Million
TABLE 37 UAE School Furniture Market by Product, 2019 - 2022, USD Million
TABLE 38 UAE School Furniture Market by Product, 2023 - 2029, USD Million
TABLE 39 UAE School Furniture Market by Application, 2019 - 2022, USD Million
TABLE 40 UAE School Furniture Market by Application, 2023 - 2029, USD Million
TABLE 41 Saudi Arabia School Furniture Market, 2019 - 2022, USD Million
TABLE 42 Saudi Arabia School Furniture Market, 2023 - 2029, USD Million
TABLE 43 Saudi Arabia School Furniture Market by Product, 2019 - 2022, USD Million
TABLE 44 Saudi Arabia School Furniture Market by Product, 2023 - 2029, USD Million
TABLE 45 Saudi Arabia School Furniture Market by Application, 2019 - 2022, USD Million
TABLE 46 Saudi Arabia School Furniture Market by Application, 2023 - 2029, USD Million
TABLE 47 South Africa School Furniture Market, 2019 - 2022, USD Million
TABLE 48 South Africa School Furniture Market, 2023 - 2029, USD Million
TABLE 49 South Africa School Furniture Market by Product, 2019 - 2022, USD Million
TABLE 50 South Africa School Furniture Market by Product, 2023 - 2029, USD Million
TABLE 51 South Africa School Furniture Market by Application, 2019 - 2022, USD Million
TABLE 52 South Africa School Furniture Market by Application, 2023 - 2029, USD Million
TABLE 53 Nigeria School Furniture Market, 2019 - 2022, USD Million
TABLE 54 Nigeria School Furniture Market, 2023 - 2029, USD Million
TABLE 55 Nigeria School Furniture Market by Product, 2019 - 2022, USD Million
TABLE 56 Nigeria School Furniture Market by Product, 2023 - 2029, USD Million
TABLE 57 Nigeria School Furniture Market by Application, 2019 - 2022, USD Million
TABLE 58 Nigeria School Furniture Market by Application, 2023 - 2029, USD Million
TABLE 59 Rest of LAMEA School Furniture Market, 2019 - 2022, USD Million
TABLE 60 Rest of LAMEA School Furniture Market, 2023 - 2029, USD Million
TABLE 61 Rest of LAMEA School Furniture Market by Product, 2019 - 2022, USD Million
TABLE 62 Rest of LAMEA School Furniture Market by Product, 2023 - 2029, USD Million
TABLE 63 Rest of LAMEA School Furniture Market by Application, 2019 - 2022, USD Million
TABLE 64 Rest of LAMEA School Furniture Market by Application, 2023 - 2029, USD Million
TABLE 65 Key Information – MillerKnoll, Inc.
TABLE 66 Key Information – Virco Mfg. Corporation
TABLE 67 Key Information – The HON Company
TABLE 68 Key Information – Smith System
TABLE 69 Key Information – Hertz Furniture
TABLE 70 Key Information – VS America, Inc.
TABLE 71 Key Information – Paragon Furniture, Inc.
TABLE 72 Key Information – Haskell Education
TABLE 73 Key Information – Marco Group, Inc.
TABLE 74 Key Information – Fleetwood Group
List of Figures
FIG 1 Methodology for the research