Latest News- K-12 Furniture Market: Seating is expected to lead the Product segment during 2025-2029

The K-12 Furniture Market is being driven by Growing importance of K-12 education

The K-12 Furniture Market is expected to grow at a CAGR of 5.8% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 3039.5 million. The K-12 furniture market is experiencing significant growth due to the evolving education sector's shift towards technology and innovative teaching methods. Traditional school furniture is being replaced with dynamic, adjustable, and portable options that cater to new instructional styles such as blended learning and flipped classrooms. Ergonomics and improved aesthetics are crucial factors driving demand for these products. Educational institutions prioritize ergonomic design, focusing on age-appropriate and height-adjustable furniture, including user-adjustable chairs and slanted work surfaces. These trends are expected to fuel market expansion throughout the forecast period. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Product
  • Seating
  • Storage
  • Lab equipment
  • Others
• Application
  • Classroom
  • Library and labs
  • Others
• Material
  • Wood
  • Metal
  • Plastic
  • Fabric
  • Composite materials
• Distribution Channel
  • Retail stores
  • Direct sales
  • Distributors
  • Wholesalers
  • Online retail
• Geography
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • Europe
    • Germany
    • UK
    • Italy
  • North America
    • US
  • South America
    • Brazil
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Growing importance of K-12 education
• Increasing number of new K-12 furniture showroom launches
• Increase in mergers and acquisitions

However, the market also witnesses some limitations, which are as follows:

• Fluctuating prices of raw materials
• Growing demand for eco-friendly furniture
• High cost associated to K-12 furniture

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Market Scope in K-12 Furniture Market Research Report

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Research Analysis Overview

The K-12 Furniture Market caters to various spaces in schools, including classrooms, cafeterias, libraries, offices, and outdoor areas. Products include tables, chairs, whiteboards, desks, storage solutions, and outdoor furniture. Wooden furniture is popular, especially for educational settings. Libraries and media centers require specialized furniture like bookshelves and study tables. Desktop dividers and community forums facilitate e-learning and collaborative work. Other essentials include whiteboards, chairs, and tables for offices and e-learning spaces.

Market Research Overview

The K-12 furniture market falls under the broader scope of the global home furnishings industry, encompassing businesses involved in the production and distribution of furniture, home decor, floor coverings, and related products. According to Technavio's market analysis, the home furnishings market size is determined by the consolidated revenue generated by manufacturers and marketers of consumer electronics, home furnishings, decorative items, household appliances, and other homeware products. The expansion of this market is attributed to several key factors, including the surge in residential and commercial construction projects and the increasing number of renovation initiatives in major economies like the US, China, and India. These factors collectively contribute to the growing demand for new and refurbished furniture solutions in various educational institutions, cafeterias, and libraries.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/