Asia Pacific School Furniture Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Material Type (Wood, Metal, Plastic, and Others), Product Type (Benches and Chairs, Desks and Tables, Storage Units, and Others), and Distribution Channel (Specialty Stores, Online Retail, and Contracts/Bids)
The Asia Pacific school furniture market is expected to grow from US$ 1,076.51 million in 2022 to US$ 1,681.92 million by 2028. It is estimated to grow at a CAGR of 7.7% from 2022 to 2028.
Growing Trend of Ergonomic Furniture is Fueling the Asia Pacific School Furniture Market
Construction of schools across the region is expected to increase, owing to rapid growth in population. Rising focus on the educational sector across urban and rural areas and compulsory primary education schemes provided by governments across the region are propelling the growth of the construction of schools. With aging school facilities, over-crowded classrooms, changes in building safety codes, and technological advances, the authorities of many countries face the dilemma of either investing in new infrastructure or upgrading existing ones. Additionally, innovative technologies and developing educational practices have designed new requirements for educational infrastructure purposes. As a result, new approaches to building learning environments help create better student spaces and increase educational infrastructure efficiency. Furthermore, education is mandatory in many countries across the world for all students until the age of sixteen or eighteen. The education system in these countries involves a particular pattern with primary school, middle school, high school, and post-secondary school. This has increased the construction of the school, thus leading to the growth of the Asia Pacific school furniture market.
Asia Pacific School Furniture Market Overview
The Asia Pacific school furniture market is segmented into China, India, Australia, Japan, South Korea, and the Rest of Asia Pacific. The market in Asia Pacific is expected to grow at the fastest rate during the forecast period, owing to an increase in school construction. Increased focus on the educational sector across urban and rural areas and compulsory primary education schemes provided by governments across the region are surging the construction of schools. Additionally, government initiatives through schemes and funding contribute to the construction of the region's schools. For instance, in May 2020, the Government of India announced funding to the Government of Nepal of Nepali Rupees 107 million (USD 0.81 million) to build new school buildings in Nepal. Thus, the increasing school construction in the region will fuel the demand for school furniture.
Asia Pacific School Furniture Market Revenue and Forecast to 2028 (US$ Million)
Asia Pacific School Furniture Market Segmentation
The Asia Pacific school furniture market is segmented into material type, product type, distribution channel, and country.
Based on material type, the Asia Pacific school furniture market is segmented into wood, metal, plastic, and others. The wood segment registered the largest market share in 2022.
Based on product type, the Asia Pacific school furniture market is segmented into benches and chairs, desks and tables, storage units, and others. The benches and chairs segment registered the largest market share in 2022.
Based on distribution channel, the Asia Pacific school furniture market is segmented into specialty stores, online retail, and contracts/bids. The contracts/bids segment registered the largest market share in 2022.
Based on country, the Asia Pacific school furniture market is segmented into China, Japan, India, Australia, South Korea, and the Rest of Asia Pacific. China dominated the market share in 2022.
Global Industries Inc; MillerKnoll Inc; Steelcase Inc; and Virco Mfg. Corp are the leading companies operating in the Asia Pacific school furniture market.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis Formulation:
3.2.4 Macro-economic Factor Analysis:
3.2.5 Developing Base Number:
3.2.6 Data Triangulation:
3.2.7 Country Level Data:
4. Asia Pacific School Furniture Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.3 Expert Opinion
5. Asia Pacific School Furniture Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Construction of Schools
5.1.2 Increasing Use of Hybrid Technology
5.2 Market Restraints
5.2.1 Fluctuation in Prices of Wood
5.3 Market Opportunities
5.3.1 Increasing Demand for Sustainable Material
5.4 Future Trends
5.4.1 Growing Trend of Ergonomic Furniture
5.5 Impact Analysis of Drivers and Restraints
6. Asia Pacific School Furniture – Market Analysis
6.1 School Furniture Market Overview
6.2 Asia Pacific School Furniture Market –Revenue and Forecast to 2028 (US$ Million)
7. Asia Pacific School Furniture Market Analysis – By Material Type
7.1 Overview
7.2 Asia Pacific School Furniture Market, By Material Type (2021 and 2028)
7.3 Wood
7.3.1 Overview
7.3.2 Wood: School Furniture Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Metal
7.4.1 Overview
7.4.2 Metal: School Furniture Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Plastic:
7.5.1 Overview
7.5.2 Plastic: School Furniture Market – Revenue and Forecast to 2028 (US$ Million)
7.6 Others
7.6.1 Overview
7.6.2 Others: School Furniture Market – Revenue and Forecast to 2028 (US$ Million)
8. Asia Pacific School Furniture Market Analysis – By Product Type
8.1 Overview
8.2 School Furniture Market, By Product Type (2021 and 2028)
8.3 Benches and Chairs
8.3.1 Overview
8.3.2 Benches and Chairs: School Furniture Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Desk and Tables
8.4.1 Overview
8.4.2 Desk and Tables: School Furniture Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Storage Units
8.5.1 Overview
8.5.2 Storage Units: School Furniture Market – Revenue and Forecast to 2028 (US$ Million)
8.6 Others
8.6.1 Overview
8.6.2 Others: School Furniture Market – Revenue and Forecast to 2028 (US$ Million)
9. Asia Pacific School Furniture Market Analysis – by Distribution Channel
9.1 Overview
9.2 Asia Pacific School Furniture Market, By Distribution Channel (2021 and 2028)
9.3 Specialty Stores
9.3.1 Overview
9.3.2 Specialty Stores: School Furniture Market– Revenue and Forecast to 2028 (US$ Million)
9.4 Online Retail
9.4.1 Overview
9.4.2 Online Retail: School Furniture Market– Revenue and Forecast to 2028 (US$ Million)
9.5 Contracts/ Bids
9.5.1 Overview
9.5.2 Contracts/ Bids: School Furniture Market– Revenue and Forecast to 2028 (US$ Million)
10. Asia Pacific School Furniture Market – Country Analysis
10.1 Overview
10.1.1 Asia Pacific: School Furniture Market, by Key Country
10.1.1.1 Australia: School Furniture Market –Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 Australia: School Furniture Market, By Material Type
10.1.1.1.2 Australia: School Furniture Market, by Product Type
10.1.1.1.3 Australia: School Furniture Market, by Distribution Channel
10.1.1.2 China: School Furniture Market –Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 China: School Furniture Market, By Material Type
10.1.1.2.2 China: School Furniture Market, by Product Type
10.1.1.2.3 China: School Furniture Market, by Distribution Channel
10.1.1.3 India: School Furniture Market –Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 India: School Furniture Market, by Material Type
10.1.1.3.2 India: School Furniture Market, by Product Type
10.1.1.3.3 India: School Furniture Market, by Distribution Channel
10.1.1.4 Japan: School Furniture Market –Revenue and Forecast to 2028 (US$ Million)
10.1.1.4.1 Japan: School Furniture Market, By Material Type
10.1.1.4.2 Japan: School Furniture Market, by Product Type
10.1.1.4.3 Japan: School Furniture Market, by Distribution Channel
10.1.1.5 South Korea: School Furniture Market –Revenue and Forecast to 2028 (US$ Million)
10.1.1.5.1 South Korea: School Furniture Market, By Material Type
10.1.1.5.2 South Korea: School Furniture Market, by Product Type
10.1.1.5.3 South Korea: School Furniture Market, by Distribution Channel
10.1.1.6 Rest of Asia Pacific: School Furniture Market –Revenue and Forecast to 2028 (US$ Million)
10.1.1.6.1 Rest of Asia Pacific: School Furniture Market, By Material Type
10.1.1.6.2 Rest of Asia Pacific: School Furniture Market, by Product Type
10.1.1.6.3 Rest of Asia Pacific: School Furniture Market, by Distribution Channel
11. Industry Landscape
11.1 Overview
11.2 Merger and Acquisition
12. Company Profiles
12.1 Global Industries Inc
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 MillerKnoll Inc
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Steelcase Inc
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Virco Mfg. Corp
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. Asia Pacific School Furniture Market –Revenue and Forecast to 2028 (US$ Million)
Table 2. Australia School Furniture Market, By Material Type– Revenue and Forecast to 2028 (US$ Million)
Table 3. Australia School Furniture Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 4. Australia School Furniture Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 5. China School Furniture Market, By Material Type – Revenue and Forecast to 2028 (US$ Million)
Table 6. China School Furniture Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 7. China School Furniture Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 8. India School Furniture Market, By Material Type – Revenue and Forecast to 2028 (US$ Million)
Table 9. India School Furniture Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 10. India School Furniture Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 11. Japan School Furniture Market, By Material Type – Revenue and Forecast to 2028 (US$ Million)
Table 12. Japan School Furniture Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 13. Japan School Furniture Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 14. South Korea School Furniture Market, By Material Type – Revenue and Forecast to 2028 (US$ Million)
Table 15. South Korea School Furniture Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 16. South Korea School Furniture Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 17. Rest of Asia Pacific School Furniture Market, By Material Type – Revenue and Forecast to 2028 (US$ Million)
Table 18. Rest of Asia Pacific School Furniture Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 19. Rest of Asia Pacific School Furniture Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 20. List of Abbreviation
LIST OF FIGURES
Figure 1. Asia Pacific School Furniture Market Segmentation
Figure 2. Asia Pacific School Furniture Market Segmentation – By Country
Figure 3. Asia Pacific School Furniture Market Overview
Figure 4. The Material Type, Segment Held the Largest Share in 2021
Figure 5. China Dominated the School Furniture Market in 2021
Figure 6. Asia Pacific School Furniture Market, Key Market Players
Figure 7. Asia Pacific: PEST Analysis
Figure 8. Expert Opinion
Figure 9. Asia Pacific School Furniture Market: Impact Analysis of Drivers and Restraints
Figure 10. Asia Pacific School Furniture Market – Revenue and Forecast to 2028 (US$ Million)
Figure 11. Asia Pacific School Furniture Market Revenue Share, By Material Type (2021 and 2028)
Figure 12. Wood: School Furniture Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. Metal: School Furniture Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. Plastic: School Furniture Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. Others: School Furniture Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. School Furniture Market Revenue Share, By Product Type (2021 and 2028)
Figure 17. Benches and Chairs: School Furniture Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. Desk and Tables: School Furniture Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. Storage Units: School Furniture Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Others: School Furniture Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. Asia Pacific School Furniture Market Revenue Share, By Distribution Channel (2021 and 2028)
Figure 22. Specialty Stores: School Furniture Market– Revenue and Forecast to 2028 (US$ Million)
Figure 23. Online Retail: School Furniture Market– Revenue and Forecast to 2028 (US$ Million)
Figure 24. Contracts/ Bids: School Furniture Market– Revenue and Forecast to 2028 (US$ Million)
Figure 25. Geographic Overview of Asia Pacific School Furniture Market
Figure 26. Asia Pacific: School Furniture Market Revenue Share, by Key Country (2021 and 2028)
Figure 27. Australia: School Furniture Market –Revenue and Forecast to 2028 (US$ Million)
Figure 28. China: School Furniture Market –Revenue and Forecast to 2028 (US$ Million)
Figure 29. India: School Furniture Market –Revenue and Forecast to 2028 (US$ Million)
Figure 30. Japan: School Furniture Market –Revenue and Forecast to 2028 (US$ Million)
Figure 31. South Korea: School Furniture Market –Revenue and Forecast to 2028 (US$ Million)
Figure 32. Rest of Asia Pacific: School Furniture Market –Revenue and Forecast to 2028 (US$ Million)
- Scholar Craft Products Inc
- MillerKnoll Inc
- Steelcase Inc
- Virco Mfg. Corp
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Asia Pacific school furniture market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific school furniture market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the school furniture market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution