North America K-12 Furniture Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 5.00 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
North America K-12 Furniture Market Analysis
North America K-12 Furniture Market has generated a revenue of USD 4 billion in the current year and is expected to register a CAGR of 5% for the forecast period. The sudden COVID-19 pandemic in 2020 changed the face of the furniture industry on a large scale. The disruptions in the supply chain and the temporary ban on global trade affected countries with high dependencies on imports for their furniture needs. The pandemic forced around 58% of the world's population to switch to the stay-at-home protocol for a longer time, which motivated customers to optimize their homes and furniture with the increased time spent at home. COVID-19 heightened the importance of reducing the reliance on imports and improving automation and digitalization in the industry.
An increase in the number of K-12 schools worldwide and growing awareness about the importance of education has led to a rise in the enrollment of students, which, in turn, is driving the demand for desks and chairs. The development of innovative products, such as portable furniture and flip classrooms, owing to technological development with the increasing demand for eco-friendly furniture, also boosts the market growth. The rising demand for ergonomically-designed furniture from educational institutes is one of the major factors driving the market growth.
K-12 learning space requires a unique solution to deliver comfort, focus, and support for students and teachers. K-12 furniture is used in classrooms, cafeterias, libraries, offices, and other areas. School furniture transforms a classroom from a static physical space into a dynamic learning environment. As technology evolves, it is not shocking to note how massively classrooms have been transformed in the past few years.
Usually made from wood, metal, and plastic, the latest classrooms are designed in a way that is considered effective for use and beneficial for physical health. The rising demand for ergonomically-designed furniture from educational institutes is one of the major factors driving the market growth. Today's students are getting more real-world experience creating solutions, exploring new ideas, and deconstructing things in maker spaces. Supporting these kinetic hands-on activities requires different tools, such as adaptable storage, tables, and mobile whiteboards that bring students closer to their work.
North America K-12 Furniture Market Trends
Wood Furniture is Dominating the Market in United States
Wooden furniture is the most common in North American schools due to the high manufacturing output of wooden products compared to other materials. Furthermore, wood is conventionally considered the most preferred material for furniture production.
America is one of the countries with high forest cover; thus, the availability of wood for furniture making is high in the country. Thus, wood holds the highest market share for school furniture by material. With developing technology, manufacturers can cut wood in newer ways to create different furniture styles that suit each school setting. This has allowed wood to remain the major North American K-12 furniture market segment.
Increasing Furniture and Home Furnishing Store Sales In United States
In 2021, furniture and home furnishings store sales in the United States amounted to about 140.6 billion U.S. dollars, up from around 113 billion recorded a year earlier. The home furnishings retail industry allows consumers to make their homes truly their own with their very choices of furniture and décor to adorn them. Style, affordability, and functionality are the main reasons consumers give for shopping at lifestyle furniture stores, such as Ikea, Williams-Sonoma, Crate & Barrel, and RH (Restoration Hardware). Demand for home furnishings is cyclical, influenced by housing starts, as desires to remodel and redesign are not necessary during slow economic times. Demand is also driven by consumer income. Large companies compete through volume purchasing, breadth of products, and effective merchandising and marketing. Small companies focus on a market segment and compete through a depth of products and superior customer service
North America K-12 Furniture Industry Overview
The report covers major international players operating in the North American K-12 Furniture Market. The India mattresses market is domestically dominated by players such as Steelcase, Knoll Inc, Haworth Inc, Krueger International, and others. However, with technological advancement and product innovation, mid-size to smaller companies are increasing their market presence by securing new contracts and by tapping new markets.
North America K-12 Furniture Market Leaders
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Krueger International Inc.
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Steelcase Inc.
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Herman Miller Inc.
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Knoll Inc.
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HNI Corporation
*Disclaimer: Major Players sorted in no particular order
North America K-12 Furniture Market News
- February 2023: Steelcase has been named among the world's leading brands on the Fortune 2023 World's Most Admired Companies list for the 17th year, recognized as fourth in the Home Equipment and Furnishings category.
- January 2023: Steelcase Health announced a new partnership with UK-based portable partition manufacturer KwickScreen to combat the spread of Healthcare-Associated Infections and better serve medical facilities with more diverse solutions.KwickScreen has offered a range of safe, flexible, and beautiful screens to mitigate HAIs in medical facilities.
North America K-12 Furniture Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions and Market Definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS AND INSIGHTS
- 4.1 Market Overview
- 4.2 Market Restraints
- 4.3 Insights on Various Regulatory Trends Shaping the Market
- 4.4 Insights on impact of technology in the Market
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4.5 Industry Attractiveness - Porter's Five Forces Analysis
- 4.5.1 Threat of New Entrants
- 4.5.2 Bargaining Power of Buyers
- 4.5.3 Bargaining Power of Suppliers
- 4.5.4 Threat of Substitutes
- 4.5.5 Intensity of Competitive Rivalry
- 4.6 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
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5.1 By Material
- 5.1.1 Wood
- 5.1.2 Metal
- 5.1.3 Plastic
- 5.1.4 Other Materials
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5.2 By Product
- 5.2.1 Desk and Chairs
- 5.2.2 Storage
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5.3 By End User
- 5.3.1 Classroom
- 5.3.2 Cafeteria
- 5.3.3 Library
- 5.3.4 Office
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5.4 By Country
- 5.4.1 United States
- 5.4.2 Canada
- 5.4.3 Rest of North America
6. COMPETITIVE LANDSCAPE
- 6.1 Market Concentration Overview
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6.2 Company Profiles
- 6.2.1 Krueger International Inc.
- 6.2.2 Steelcase Inc.
- 6.2.3 Herman Miller Inc.
- 6.2.4 Knoll Inc.
- 6.2.5 VS America Inc.
- 6.2.6 HNI Corporation
- 6.2.7 Haworth Inc.
- 6.2.8 Virco Manufacturing Corporation
- 6.2.9 Fleet Wood Furniture
- 6.2.10 Agati Inc.
- 6.2.11 Hertz Furniture Systems LLC*
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. DISCLAIMER AND ABOUT US
North America K-12 Furniture Industry Segmentation
K-12 furniture is used in cafeterias, offices, classrooms, libraries, and more. A complete background analysis of the North American K-12 Furniture Market includes an assessment of the parental market, emerging trends by segments and regional markets, Significant changes in market dynamics, and a market overview covered in the report. The report also features qualitative and quantitative assessments by analyzing data gathered from industry analysts and market participants across key points in the industry's value chain. The North American K-12 Furniture Market is segmented by material (Wood, Metal, Plastic, and Other Materials), by product (Desk and Chairs, Storage, and Other Products), by end-user (Classroom, Cafeteria, Library, Office, Hospital, and other end-users), and by country (United States, Canada and Rest of North America). The report offers market size and forecasts for the North America K-12 Furniture in value (USD Million) for all the above segments.
| By Material | Wood |
| Metal | |
| Plastic | |
| Other Materials | |
| By Product | Desk and Chairs |
| Storage | |
| By End User | Classroom |
| Cafeteria | |
| Library | |
| Office | |
| By Country | United States |
| Canada | |
| Rest of North America |
North America K-12 Furniture Market Research FAQs
What is the current North America K-12 Furniture Market size?
The North America K-12 Furniture Market is projected to register a CAGR of greater than 5% during the forecast period (2024-2029)
Who are the key players in North America K-12 Furniture Market?
Krueger International Inc., Steelcase Inc., Herman Miller Inc., Knoll Inc. and HNI Corporation are the major companies operating in the North America K-12 Furniture Market.
What years does this North America K-12 Furniture Market cover?
The report covers the North America K-12 Furniture Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the North America K-12 Furniture Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
North America K-12 Furniture Industry Report
Statistics for the 2024 North America K-12 Furniture market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. North America K-12 Furniture analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
