At 4.2% CAGR, the South America Educational Furniture Market is projected to be worth US$ 628.58 million by 2028, says The Business Market Insights

According to the Business Market Insights’ research, the South America educational furniture market was valued at US$ 490.36 million in 2022 and is expected to reach US$ 628.58 million by 2028, registering a CAGR of 4.2% from 2022 to 2028. Increase in demand for educational furniture in newly constructed schools and growing demand for modern and flexible learning spaces are the critical factors attributed to the South America educational furniture market expansion.                                

As many people spend extended periods sitting at desks and workstations, ergonomic furniture has become a major trend in recent years. This trend has extended to the education sector, where students and teachers spend long hours sitting at desks and tables. Creating learning environments that keep students focused and comfortable has become one of the prime goals of educators, which has increased the demand for ergonomically designed furniture to avoid health issues arising from incorrect body postures while sitting. Ergonomic furniture is designed to promote healthy posture and reduce the risk of musculoskeletal disorders caused by prolonged sitting. Ergonomic chairs, desks, and tables can be adjusted to accommodate different heights and body types, and are designed to provide support for the back, neck, arms, and wrists. Raw materials that are more durable, sustainable, and stable than traditional ones are used in the production of ergonomic furniture. For example, materials such as processed or engineered wood, molded plastics, and high-pressure laminates are used to manufacture chairs, benches, and tables for schools. Further, furniture with additional storage options acts as a space-saving solution in smaller, more compact classrooms, and its demand has increased significantly in recent years. Thus, the emerging trend of ergonomic furniture is likely to boost the growth of the South America education furniture market during the forecast period.

On the contrary, fluctuations in prices of wood hurdles the growth of South America educational furniture market.

Based on material, the South America educational furniture market is segmented into wood, plastic, metal, and others. The wood segment held 60.6% share of South America educational furniture market in 2022, amassing US$ 297.16 million. It is projected to garner US$ 376.33 million by 2028 to expand at 4.0% CAGR during 2022–2028.       

Based on product type, the South America educational furniture market is segmented into benches and chairs, desks and tables, storage units, and others. The benches and chairs segment held 52.1% share of South America educational furniture market in 2022, amassing US$ 255.64 million. It is projected to garner US$ 334.95 million by 2028 to expand at 4.6% CAGR during 2022–2028.       

Based on end use, the South America educational furniture market is segmented into institutional and residential. The institutional segment held 67.0% share of South America educational furniture market in 2022, amassing US$ 328.44 million. It is projected to garner US$ 425.57 million by 2028 to expand at 4.4% CAGR during 2022–2028.

Based on country, the South America educational furniture market has been categorized into Brazil, Argentina, and the Rest of South America. Our regional analysis states that the Rest of South America captured 43.4% share of South America educational furniture market in 2022. It was assessed at US$ 212.77 million in 2022 and is likely to hit US$ 273.31 million by 2028, exhibiting a CAGR of 4.3% during the forecast period.

Key players dominating the South America educational furniture market are Haworth Inc, Knoll Inc, Virco Manufacturing Corp, and Vitra International AG among others.

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