According to the latest report by IMARC Group, Europe School Furniture Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022 2027, the Europe school furniture market reached a value of US$ 1,430 Million in 2021. On account of the aforementioned factors, the market is anticipated to reach a value of US$2,020 Million by 2027, growing at a CAGR of 5.68% during 2022-2027.
School furniture is considered to be an essential part of the educational infrastructure. It is an important element that helps in building high-level performance and an effective learning environment for students. It is usually manufactured using various materials, including wood and plastics, that are widely available in different shapes and sizes.
Additionally, it also aids in providing comfort and support to students to help them concentrate and complete their tasks in an efficient manner. The easy product availability via online and offline organized distribution channels and the rising preference for multi-functional school furniture with aesthetic appearance across Europe is providing an impetus to the market growth.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Europe School Furniture Market Trends:
The market in Europe is primarily driven by significant growth in the education sector. In line with this, increasing funding endeavors by public and private agencies of numerous countries to improve the overall education infrastructure are creating a positive outlook for the market.
Moreover, the rising demand for ergonomic school furniture in order to prevent postures-related health problems among children is favorably impacting the market growth. This has also impelled numerous players to heavily invest in the manufacturing of products using superior quality raw materials. Along with this, due to an enhanced focus on sustainable development, leading manufacturers are launching furniture with eco-friendly raw materials, which is providing an impetus to the market growth.
The market is further driven by various technological advancements in production processes and the introduction of smart desks across the region. Other factors, including the increasing number of schools and continuous product innovations, are further contributing to the market growth across Europe.
Europe School Furniture Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
- Herman Miller
- Fleetwood Group
- Hertz Furniture
Key Market Segmentation:
The report has segmented the Europe school furniture market on the basis of product, material and distribution channel and region.
Breakup by Product
- Desks and Chairs
- Lab Equipment
- Rest of Europe
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Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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