School Furniture 2018 Global Market Expected to Grow at CAGR 16.74% and Forecast to 2022
New York, N.Y. – The global furniture market is classified into the global educational furniture market, global office furniture market, global home furniture market, and others. With the rising number of K-12 schools and increasing enrollments of students in these schools, due to increasing awareness of education, particularly from the emerging economies, the demand for innovative furniture in modern classrooms is expected to rise continuously during the forecast period.
Technavio's analysts forecast the global school furniture market to grow at a CAGR of 16.74% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global school furniture market for 2017-2021. To calculate the market size, the report considers the revenues generated by market vendors only through the new sales of furniture in schools, colleges, and other educational institutions, including seating furniture, storage furniture, laboratory furniture, and other furniture accessories.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
Technavio's report, Global School Furniture Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
- Herman Miller
- Steelcase
- Smith System
- Virco
Other vendors
- Ballen Panels
- Fleetwood Group
- Hertz Furniture
- Knoll
- KI
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Market driver
- Stringent environmental regulations
- For a full, detailed list, view our report
Market challenge
- Considerable costs of transportation and logistics
- For a full, detailed list, view our report
Market trend
- Rapid popularity of online retailing
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
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