U.S. School Furniture Market - Focused Insights 2024-2029

The US school furniture market is set for notable growth, with its value projected to rise from $1.80 billion in 2023 to $2.26 billion by 2029, growing at a CAGR of 3.89%. Shipments are also expected to increase, reaching 3.99 million units by 2029.

Key factors driving this growth include a surge in ergonomic, STEM-friendly, and durable furniture demand. The seating segment, particularly, is seeing significant expansion with a CAGR of 4.00%. This growth is fueled by preferences for STEM-friendly furniture and increasing school enrollment rates.

The market is also seeing a rise in demand for ergonomic furniture, which aids in maintaining health and reducing posture issues among students. As STEM learning gains importance in US schools, there is a growing preference for flexible furniture that can be easily rearranged, fostering diverse learning environments.

Moreover, the popularity of furniture with built-in chargers and accommodations for tablets and laptops is driving market growth. The increase in student enrollment further boosts the demand for chairs and benches, with undergraduate enrollment expected to rise by about 9% from 2021 to 2031.

Schools are investing in ergonomic furniture to reduce injury risks and promote good posture, as many students face health issues due to poor seating arrangements. Ergonomic school furniture is also known to improve concentration and focus by reducing discomfort and fatigue.

The rising demand for modular furniture in laboratories, driven by flexibility and green initiatives, and the need for modern furniture in media centers and art rooms are other significant growth drivers.

The demand for ergonomic and modern school furniture is significant, with many companies focusing on offering such products to improve students' posture and enhance classroom attention.

The popularity of ready-to-assemble furniture is impacting the market positively. Its affordability, ease of transport and assembly, and customizability make it an attractive school option.

The US school furniture market is characterized by the presence of many major and local players, offering customized solutions and adopting the latest technology. Companies are increasingly engaging in mergers and acquisitions to expand their market reach and product offerings, as evidenced by Steelcase's acquisition of wood furniture manufacturer Halcon in 2022.

Key Highlights:

• The US school furniture market was valued at $1.80 billion in 2023 and is expected to reach $2.26 billion by 2029, growing at a CAGR of 3.89% during the forecast period.
• The US school furniture market is growing significantly due to the growing demand for ergonomic furniture, rising consumer preference for stem-friendly furniture, increasing demand for durable & easy to maintain furniture, rising trend of sustainability & green initiatives, rising popularity of ready-to-assemble furniture, rise in school improvement projects, increasing school enrolment rates, and growing demand for new technology supportive furniture.
• Demand for tables with ample storage space is growing significantly in the US school furniture.
• With the rise in demand for different learning spaces, there is a significant demand for STEM-friendly furniture, which can be easily rearranged and moved to make different styles.
• Haworth Inc., Herman Miller, HNI Corporation, Krueger International, Smith System, Steelcase, The HON Company, and Virco are the leading players with strong market penetration. Vendors such as Artcobell, Ashley Furniture Industries Inc., Fleetwood Group, Haskell Education, Hertz Furniture, Marco Group, Paragon Furniture, Scholar Craft, School Specialty, VS America, Inc., and others are the prominent players in the market with a noteworthy presence.
• The demand for Instructor desks is rising in the US market, as it supports traditional and digital learning devices and materials.
• The demand for ergonomic furniture, especially chairs, is growing significantly in the US. It helps to maintain the health and reduces the posture issues in students.