The U.S. school furniture market was valued at USD 5.5 billion in 2022 and is projected to expand at a CAGR of 6.0% from 2023 to 2030. The rising number of students enrolled in schools are creating a need for additional school furniture. Furthermore, the growing emphasis of school administrators to provide a safe and secure learning environment is driving the demand for school furniture. The U.S. Census Bureau in 2019 reported that the number of public school students enrolled in pre-kindergarten through grade 12 was around 50.7 million.

The growing adoption of technology in the education sector is expected to boost the demand for school furniture. For instance, in October 2021, Steelcase Education released its first classroom of the future, featuring furniture, technology, and learning spaces designed to support educators and students. Additionally, the increasing trend of school furniture rental is further expected to drive the market. For instance, in October 2021, Furniture Rentals, Inc. announced the launch of its school furniture rental program to provide furniture for primary, secondary, and post-secondary educational institutions in the United States.

The rising trend of customization in classroom furniture is expected to drive the demand for school furniture. Manufacturers are introducing new and innovative designs to provide comfortable and ergonomic furniture to students. For instance, in March 2021, Furniture For Education announced the launch of its new school furniture line, the Recharge Learning System, which is designed to promote student engagement, collaboration, and personalized learning.

The increasing demand for outdoor furniture is also expected to drive the growth of the school furniture market. The introduction of outdoor furniture in schools is providing a safe, healthy, and comfortable environment for children to play and relax. Furthermore, the increased demand for chairs, desks, and other furniture for computer labs is expected to drive the growth of the market. The rising number of laptops and computers in schools is creating a need for these furniture items.

In addition, the rising adoption of green furniture is also expected to have a positive impact on the market. Green furniture is made of recycled materials which are environment friendly. For instance, in October 2021, Flexible Learning Spaces announced the launch of its green furniture line, which includes classroom furniture, tables, and chairs made from recycled materials. The rising demand for green furniture is expected to drive the school furniture market in the coming years.

The student seating products segment led the market and accounted for a share of around 40.9% in 2021. Increasing government initiatives for modernizing the educational infrastructure across the country has been driving the demand for school furniture over the years. According to an article published by The National Center for Education Statistics, in July 2020, the majority of public K-12 schools in the U.S. had at least one mobile device (desktops, laptops, tablets, or netbooks) for instructional use. Furthermore, macro-level factors such as rising investment in educational facilities and increasing school enrollments are bolstering the demand for school furniture in the region.

The computer furniture segment is anticipated to expand at the fastest CAGR of 6.3% over the forecast period. Growing adoption of technology in classrooms and increasing digitalization in the education sector are some of the key factors driving the computer furniture market growth revenue. According to an article published by the Ohio State University, in January 2021, 79% of the students prefer to use technology or the internet for their homework. In addition, increasing awareness among parents regarding the importance of quality furniture to foster better learning outcomes is another factor driving the growth of the market.

The online segment is anticipated to expand at the highest CAGR of 8.2% over the forecast period. The growth of the online channels can be attributed to the rising number of e-commerce platforms offering school furniture products. For instance, in December 2022, the leading school furniture manufacturer, Steelcase launched its online store to enable customers to purchase furniture directly from the company. In addition, the company also provides an interactive 3D design tool to enable customers to customize the products according to their requirements.

The other segment, which includes retail stores, furniture stores, and educational institutions, is expected to account for a significant share of the U.S. school furniture products market. Retail stores such as Walmart and Target provide a wide range of school furniture products such as desks, chairs, and storage units. In addition, the increasing number of furniture stores across the U.S. has been a major factor in the growth of the segment. Furthermore, educational institutions such as schools, universities, and colleges are also major purchasers of school furniture.

The traditional school furniture segment accounted for the largest share of the U.S. school furniture market in 2021. The surge in the demand for traditional school furniture is mainly due to its cost-effectiveness and durability. Furthermore, the increasing trend of refurbishing existing furniture in schools is boosting the demand for traditional furniture. For instance, in 2021, the Arizona Department of Education provided USD 5 million to Arizona school districts for the refurbishment of existing furniture.

The modular school furniture segment is anticipated to grow at the highest CAGR of 11.4% over the forecast period. The growing trend of flexible and reconfigurable furniture in schools is driving the demand for modular furniture. Furthermore, the growing demand for ergonomically designed furniture that can be adjusted according to the need of the user is also propelling the growth of the modular school furniture segment.

The U.S. held the largest share of the school furniture market in 2021 and is expected to maintain its dominance over the forecast period. Many U.S. states are introducing school reopening policies, which is further expected to fuel the demand for school furniture. For instance, in January 2021, the State of California issued guidelines for the reopening of K-12 schools, mandating social distancing within the classroom settings. This is expected to increase the demand for school furniture in the country.

The market in the Asia Pacific is also expected to witness a steady growth over the forecast period. Factors such as the increasing number of private schools, rising number of international schools, and growing focus on providing comfortable and ergonomic school furniture are some of the key drivers of the market in the region. Moreover, the increasing focus on developing innovative and advanced school furniture is expected to further boost the growth of the school furniture market in the Asia Pacific.

In this part of the US School Furniture Products business plan we will provide a detailed breakdown of all income and expense categories of the business. These forecasts include cash flow projections and capital requirements for your US School Furniture Products business. Usually, these projections are drafted for a 5-year period.

Revenue Assumptions
The main source of revenues for a US School Furniture Products business comes from the sale of desks, chairs, tables, and other furniture pieces to schools and educational institutions. Here you will find a list with a description of each product and other possible sources of profit such as fundraising, the sale of accessories, and leasing the furniture for parties and corporate events.

Projecting Expenses
In this section, all the regular expenses related to keeping the US School Furniture Products business running will be described. The list of operating expenses includes shipping costs, wages, maintenance and repairs, utilities, insurance policies, advertising, and others.

Some of the key companies operating in the U.S. school furniture market are increasingly focusing on product launches and expansion of the distribution channel to gain prominent visibility among consumers. Some of the initiatives are:

– In August 2022, Steelcase Inc. launched the new Evolve collection of collaborative school furniture.

– In October 2022, Herman Miller Inc. launched the new Element series of school furniture designed for high school and college classrooms.

– In December 2022, HNI Corporation launched the new Educate series of school furniture designed for K-12 classrooms.

Some of the prominent players in the U.S. school furniture market include:

– Steelcase Inc.
– Herman Miller Inc.
– HNI Corporation
– Virco, Inc.
– The HON Company
– The Group Lacasse
– Global Industrial
– KI (Krueger International, Inc.)
– OFM, Inc.
– Mooreco, Inc.

This report forecasts growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the global U.S. school furniture market based on product, distribution channel, type, and region:

1. Product Outlook (Revenue, USD Million, 2017 – 2030)

– Desks & Chairs
– Library Furniture
– Cafeteria Furniture
– Storage & Shelving
– Others

2. Distribution Channel Outlook (Revenue, USD Million, 2017 – 2030)

– Direct
– Online
– Others

3. Type Outlook (Revenue, USD Million, 2017 – 2030)

– Institutional Furniture
– Home Furniture

4. Regional Outlook (Revenue, USD Million, 2017 – 2030)

– North America
– Europe
– Asia Pacific
– Central & South America
– Middle East & Africa

[Q]: What is the Potential of Product Innovation in the U.S. School Furniture Products Market?
[A]: The market potential for product innovation in the US school furniture products market is significant. With technology advancements, businesses are now implementing cutting-edge production methodologies to improve productivity, output, and efficiency. Additionally, manufacturers are also introducing extra functionalities into their products, which is driving demand from customers. Furthermore, design innovations in school furniture products are also on the rise, with customers now looking for items that bring simplicity, convenience, and speed to their everyday routine.

[Q]: Who are the Key Players in the U.S. School Furniture Products Market?
[A]: Key players in the U.S. school furniture products market include Steelcase Inc., Herman Miller, Inc., HNI Corporation, KI Furniture, Norix Group, Inc., and Kimball International, Inc.

[Q]: Which Region Offers the Largest Opportunity for Sales of U.S. School Furniture Products?
[A]: The US is expected to be the most lucrative regional market for U.S. school furniture products, offering an absolute dollar opportunity of $7.2 B (USD).

[Q]: What are the factors driving the U.S. school furniture products market?
[A]: Key factors driving the U.S. school furniture products market include the increasing demand for modern and ergonomic furniture, the growing adoption of advanced technologies such as cloud computing and artificial intelligence, and the growing number of public and private schools. Additionally, the growing emphasis on providing quality education to students is also driving the demand for school furniture products.