At 4.9% CAGR, Europe Educational Furniture Market is Projected to be Worth US$ 2,789.48 Million by 2030, Says Business Market Insights

According to Business Market Insights' research, the Europe educational furniture market was valued at US$ 1,900.72 million in 2022 and is expected to reach US$ 2,789.48 million by 2030, registering a CAGR of 4.9% from 2022 to 2030. Growing popularity of ergonomic furniture and increasing focus on sustainability are among the critical factors attributed to the Europe educational furniture market expansion.

The world is increasingly recognizing the importance of sustainability, and the education sector is no exception. As schools and universities strive to operate with greater sensitivity toward the environment, the demand for sustainable educational furniture is on the rise. Green classrooms and school-wide "go green" initiatives are rising as educators encourage students to adopt values supporting environmental-friendly behavior. Sustainable storage products, chairs, and desks are widely preferred in classrooms across the world. Such furniture products are manufactured using eco-friendly materials such as polypropylene, renewable timber, or steel, which meet emission standards mandatory for approval; moreover, they are designed to maintain indoor air quality. Further, using sustainable materials in furniture manufacturing allows manufacturers to recycle product waste, thus preventing the deposition of waste into landfills. For example, Paragon Furniture Inc. uses recycled or recovered fibers for manufacturing its wood products. Governments of various countries are encouraging enterprises to introduce products that promote the sustainable construction of schools. A rise in the number of such initiatives to promote sustainable infrastructure would create lucrative opportunities for the growth of the educational furniture market in the coming years.

On the contrary, fluctuations in prices of wood hampers the growth of Europe educational furniture market.

Based on material, the Europe educational furniture market is segmented into wood, plastic, metal, and others. The wood segment held 53.6% share of the Europe educational furniture market in 2022, amassing US$ 1,018.32 million. It is projected to garner US$ 1,453.24 million by 2030 to expand at 4.5% CAGR during 2022-2030.

In terms of product type, the Europe educational furniture market is categorized into benches and chairs, desks and tables, storage units, and others. The benches and chairs segment held 48.8% share of the Europe educational furniture market in 2022, amassing US$ 927.61 million. It is projected to garner US$ 1,413.13 million by 2030 to expand at 5.4% CAGR during 2022-2030.

By end use, the Europe educational furniture market is bifurcated into institutional and residential. The institutional segment held 66.8% share of Europe educational furniture market in 2022, amassing US$ 1,269.98 million. It is projected to garner US$ 1,886.91 million by 2030 to expand at 5.1% CAGR during 2022-2030. The institutional segment is further sub segmented into elementary school, secondary school, and higher education.

Based on country, the Europe educational furniture market is categorized into Germany, France, the UK, Italy, Russia, and the Rest of Europe. The Rest of Europe held 46.4% share of Europe educational furniture market in 2022, amassing US$ 881.74 million. It is projected to garner US$ 1,222.03 million by 2030 to expand at 4.2% CAGR during 2022-2030.

Key players operating in the Europe educational furniture market are Creaciones Falcon SLU, Haworth Inc, Knoll Inc, Virco Manufacturing Corp, and Vitra International AG, among others.

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