The North America School Furniture Market would witness market growth of 4.7% CAGR during the forecast period (2023-2029).
Furniture that is ergonomically designed is increasing in demand in schools. In point of fact, due to the fact that individuals start developing poor posture habits at young ages, there is a significant demand for furniture that is created ergonomically in classrooms. There are certain key factors that are driving the growth of the market. These factors include the increasing population, reforms in education in various countries, the growing importance of ergonomic furniture for students, as well as technological advancements that cater to the use of digital devices.
As a result of the increasing population, more schools and learning spaces are being constructed to accommodate the growing demand for education. Based on the projected increase in population, there will be a need to construct additional schools and educational facilities. This will result in a surge in demand for school furniture to supply these new establishments. Therefore, the increasing number of schools being constructed is expected to boost the demand for school furniture in the market.
The overall expenditure on the education sector is also increasing in the region. For instance, the U.S. Department of Education got financing from Congress in the form of budgetary resources in FY23. Additionally, the administration of Joe Biden intends to provide all children in the nation with top-notch instruction. In the upcoming years, it is anticipated that these programs will lead to an increase in the number of students. As a result, there will be a rise in the need for modern, opulent, and multipurpose school furniture in this region, which will be further spurred by the desire for eco-friendly furniture. Therefore, the regional market will experience significant growth in the coming years.
The US market dominated the North America School Furniture Market by Country in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $1,669.4 Million by 2029. The Canada market is poised to grow at a CAGR of 7.1% during (2023 - 2029). Additionally, The Mexico market would witness a CAGR of 6.2% 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 U.S., Mexico, Canada, and Rest of North America.
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
- US
- Canada
- Mexico
- Rest of North America
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 North America School Furniture Market, by Product
1.4.2 North America School Furniture Market, by Application
1.4.3 North America 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. North America School Furniture Market by Product
3.1 North America Storage Units Market by Country
3.2 North America Seating Furniture Market by Country
3.3 North America Lab Furniture Market by Country
3.4 North America Others Market by Country
Chapter 4. North America School Furniture Market by Application
4.1 North America Classroom Market by Country
4.2 North America Library & Labs Market by Country
4.3 North America Others Market by Country
Chapter 5. North America School Furniture Market by Country
5.1 US School Furniture Market
5.1.1 US School Furniture Market by Product
5.1.2 US School Furniture Market by Application
5.2 Canada School Furniture Market
5.2.1 Canada School Furniture Market by Product
5.2.2 Canada School Furniture Market by Application
5.3 Mexico School Furniture Market
5.3.1 Mexico School Furniture Market by Product
5.3.2 Mexico School Furniture Market by Application
5.4 Rest of North America School Furniture Market
5.4.1 Rest of North America School Furniture Market by Product
5.4.2 Rest of North America 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 North America School Furniture Market, 2019 - 2022, USD Million
TABLE 2 North America School Furniture Market, 2023 - 2029, USD Million
TABLE 3 North America School Furniture Market by Product, 2019 - 2022, USD Million
TABLE 4 North America School Furniture Market by Product, 2023 - 2029, USD Million
TABLE 5 North America Storage Units Market by Country, 2019 - 2022, USD Million
TABLE 6 North America Storage Units Market by Country, 2023 - 2029, USD Million
TABLE 7 North America Seating Furniture Market by Country, 2019 - 2022, USD Million
TABLE 8 North America Seating Furniture Market by Country, 2023 - 2029, USD Million
TABLE 9 North America Lab Furniture Market by Country, 2019 - 2022, USD Million
TABLE 10 North America Lab Furniture Market by Country, 2023 - 2029, USD Million
TABLE 11 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 12 North America Others Market by Country, 2023 - 2029, USD Million
TABLE 13 North America School Furniture Market by Application, 2019 - 2022, USD Million
TABLE 14 North America School Furniture Market by Application, 2023 - 2029, USD Million
TABLE 15 North America Classroom Market by Country, 2019 - 2022, USD Million
TABLE 16 North America Classroom Market by Country, 2023 - 2029, USD Million
TABLE 17 North America Library & Labs Market by Country, 2019 - 2022, USD Million
TABLE 18 North America Library & Labs Market by Country, 2023 - 2029, USD Million
TABLE 19 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 20 North America Others Market by Country, 2023 - 2029, USD Million
TABLE 21 North America School Furniture Market by Country, 2019 - 2022, USD Million
TABLE 22 North America School Furniture Market by Country, 2023 - 2029, USD Million
TABLE 23 US School Furniture Market, 2019 - 2022, USD Million
TABLE 24 US School Furniture Market, 2023 - 2029, USD Million
TABLE 25 US School Furniture Market by Product, 2019 - 2022, USD Million
TABLE 26 US School Furniture Market by Product, 2023 - 2029, USD Million
TABLE 27 US School Furniture Market by Application, 2019 - 2022, USD Million
TABLE 28 US School Furniture Market by Application, 2023 - 2029, USD Million
TABLE 29 Canada School Furniture Market, 2019 - 2022, USD Million
TABLE 30 Canada School Furniture Market, 2023 - 2029, USD Million
TABLE 31 Canada School Furniture Market by Product, 2019 - 2022, USD Million
TABLE 32 Canada School Furniture Market by Product, 2023 - 2029, USD Million
TABLE 33 Canada School Furniture Market by Application, 2019 - 2022, USD Million
TABLE 34 Canada School Furniture Market by Application, 2023 - 2029, USD Million
TABLE 35 Mexico School Furniture Market, 2019 - 2022, USD Million
TABLE 36 Mexico School Furniture Market, 2023 - 2029, USD Million
TABLE 37 Mexico School Furniture Market by Product, 2019 - 2022, USD Million
TABLE 38 Mexico School Furniture Market by Product, 2023 - 2029, USD Million
TABLE 39 Mexico School Furniture Market by Application, 2019 - 2022, USD Million
TABLE 40 Mexico School Furniture Market by Application, 2023 - 2029, USD Million
TABLE 41 Rest of North America School Furniture Market, 2019 - 2022, USD Million
TABLE 42 Rest of North America School Furniture Market, 2023 - 2029, USD Million
TABLE 43 Rest of North America School Furniture Market by Product, 2019 - 2022, USD Million
TABLE 44 Rest of North America School Furniture Market by Product, 2023 - 2029, USD Million
TABLE 45 Rest of North America School Furniture Market by Application, 2019 - 2022, USD Million
TABLE 46 Rest of North America School Furniture Market by Application, 2023 - 2029, USD Million
TABLE 47 Key Information – MillerKnoll, Inc.
TABLE 48 Key Information – Virco Mfg. Corporation
TABLE 49 Key Information – The HON Company
TABLE 50 Key Information – Smith System
TABLE 51 Key Information – Hertz Furniture
TABLE 52 Key Information – VS America, Inc.
TABLE 53 Key Information – Paragon Furniture, Inc.
TABLE 54 Key Information – Haskell Education
TABLE 55 Key Information – Marco Group, Inc.
TABLE 56 Key Information – Fleetwood Group
List of Figures
FIG 1 Methodology for the research