139 According to IMARC Group latest published report, titled “School Furniture Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” that offers a detailed analysis of the , drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios. The global school furniture market size reached US$ 4.6 Billion in 2022. Looking forward, the market expected to reach US$ 6.8 Billion by 2028, exhibiting a growth rate (CAGR) of 6.2% during 2023-2028. Covid-19 Impact: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. 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The furniture is made from different materials, including wood, metal, and plastic, and is designed to be effective and beneficial for the physical health of students. Well-built desks and chairs are considered instrumental in improving the concentration and overall performance of students. With the introduction of flip classrooms and blended learning formats, portable and adjustable furniture with improved aesthetics, functionality, and comfort is increasingly gaining preference across the globe. Global School Furniture Market Trends: The global school furniture market is primarily being driven by the escalating demand for user friendly and comfortable furniture in the education sector to prevent posture problems in both students and teachers. The introduction of intelligent desks, also known as smart desks, with multi-functional applications is acting as another major growth-inducing factor. These desks are increasingly being utilized in laboratories, libraries, and classrooms to offer a convenient environment to students. Moreover, increasing awareness regarding the importance of education and rising establishment of K-12 schools have boosted the overall enrolment of students across the globe, thereby propelling the demand for desks and chairs. Furthermore, initiatives undertaken by governments of several nations to improve the literacy rate are contributing to the growth of the market. Other factors, such as the development of eco-friendly furniture, are driving the market further. Market Summary: On the basis of the product, desks and chairs represent the leading product type. Other segments are storage, lab equipment, and others. Based on the material, the market has been divided into metal-based, wood-based, plastic-based, and others. Among these, wood-based school furniture exhibits a clear dominance in the market, holding the largest market share. On a regional basis, the market has been spread across North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (the United Kingdom, Germany, France, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others) and Middle East and Africa. List of Major Key Players: The major players in the market are HNI Corporation, Herman Miller, Inc., Smith System Manufacturing Company, Steelcase, Inc., Knoll, Inc. About Us IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise. 0 comment 0 FacebookTwitterPinterestEmail Uneeb Khan Uneeb Khan CEO at blogili.com. Have 4 years of experience in the websites field. Uneeb Khan is the premier and most trustworthy informer for technology, telecom, business, auto news, games review in World. previous post All About Eco-Friendly Baby Teethers next post The Ins and Outs of Spy Cosmetics: Your Complete Guide Related Posts HR Organizational Chart and Department Structures December 24, 2024 Build Leaders, Not Followers: Corpoladder’s Training Programs in... December 24, 2024 UK Responsible Person For Cosmetics Products December 24, 2024 How Product Photography Can Boost Your Online Sales December 24, 2024 How to Track the Progress of Your Transcript... 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