Middle East & Africa Educational Furniture Market Revenue to cross US$ 450.97 million by 2030

At 4.3% CAGR, Middle East & Africa Educational Furniture Market is Projected to be Worth US$ 450.97 Million by 2030, Says The Insight Partners

According to The Insight Partners' research, the Middle East & Africa educational furniture market was valued at US$ 321.46 million in 2022 and is expected to reach US$ 450.97 million by 2030, registering a CAGR of 4.3% from 2022 to 2030. Increase in demand for educational furniture in newly constructed schools and increasing focus on sustainability are among the critical factors attributed to the Middle East & Africa educational furniture market expansion.

The demand for educational furniture is increasing with schools adapting to the changing needs of students. An upsurge in student population due to increased education awareness in urban and rural areas has led to the construction of more schools and increased student enrollment around the world. Further, mandatory primary education systems by national governments promote school construction. With the aging school facilities, a surge in the number of students, and changes in building construction and safety codes, the government authorities of many countries are either investing in new infrastructure or upgrading existing ones. Thus, the growing construction of schools is driving the growth of the educational furniture market.

On the contrary, fluctuations in prices of wood hampers the growth of Middle East & Africa educational furniture market.

Based on material, the Middle East & Africa educational furniture market is segmented into wood, plastic, metal, and others. The wood segment held 61.6% share of the Middle East & Africa educational furniture market in 2022, amassing US$ 198.07 million. It is projected to garner US$ 273.66 million by 2030 to expand at 4.1% CAGR during 2022-2030.

In terms of product type, the Middle East & Africa educational furniture market is categorized into benches and chairs, desks and tables, storage units, and others. The benches and chairs segment held 48.7% share of the Middle East & Africa educational furniture market in 2022, amassing US$ 156.56 million. It is projected to garner US$ 225.36 million by 2030 to expand at 4.7% CAGR during 2022-2030.

By end use, the Middle East & Africa educational furniture market is bifurcated into institutional and residential. The institutional segment held 71.1% share of Middle East & Africa educational furniture market in 2022, amassing US$ 228.51 million. It is projected to garner US$ 329.07 million by 2030 to expand at 4.7% CAGR during 2022-2030. The institutional segment is further subsegmented into elementary school, secondary school, and higher education.

Based on country, the Middle East & Africa educational furniture market is categorized into the UAE, South Africa, Saudi Arabia, and the Rest of Middle East & Africa. The Rest of Middle East & Africa held 54.7% share of Middle East & Africa educational furniture market in 2022, amassing US$ 175.68 million. It is projected to garner US$ 244.80 million by 2030 to expand at 4.2% CAGR during 2022-2030.

Key players operating in the Middle East & Africa educational furniture market are Knoll Inc, Haworth Inc, Vitra International AG, and Virco Manufacturing Corp, among others.

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