Asia Pacific School Furniture Market Size, Share & Industry Trends Analysis Report By Product (Storage Units, Seating Furniture, Lab Furniture and Others), By Application (Classroom, Library & Labs), By Country and Growth Forecast, 2023 - 2029
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Market Report Description
The Asia Pacific School Furniture Market would witness market growth of 6.9% CAGR during the forecast period (2023-2029).
The furniture in the classroom ought to be pleasant for the pupils, ought to permit movement, and ought to encourage correct posture. In terms of seats, movement is crucial. If handled properly, all of these aspects significantly impact students' learning and can greatly enhance their performance. Despite being the same age, the children's physical development varies from child to child, so a single type of bench or desk may not fit them all. In addition, poorly built classroom furniture may cause physical discomfort, which might keep students from paying attention.
Additionally, students like to use a single piece of furniture differently. The teachers, students, surroundings, furniture design, and curriculum all have an impact on how the furniture is used. Pedagogy, as well as a focus on fostering autonomy and environmental competence, also has an impact on the use of furniture. Students show competency in matters of the environment, including knowledge of how to use the available furniture for various curriculum tasks and how social and environmental factors can influence comfort, teamwork, and attention spans. Environmental competence needs to be purposefully included both implicitly and explicitly in the teaching program in classrooms where learners move about the space.
The Indian government has taken a number of steps to improve the educational infrastructure and supports the use of STEM education principles. I-STEM, the most recent national portal developed by the government, provides access to a variety of scientific activities and projects. The project was started as a component of the Swayam initiative, which intended to assist academic institutions in directing skill-building. The educational landscape in India has already undergone a significant change. The government's "Make IN India" program also provides educational institutions and students with the opportunity to educate students in STEM fields and promote startup culture across the country. In the coming years, this trend will continue to boost the expansion of the market.
The China market dominated the Asia Pacific School Furniture Market by Country in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $407.8 Million by 2029. The Japan market is estimated to grow a CAGR of 6.2% during (2023 - 2029). Additionally, The India market would display a CAGR of 7.5% during (2023 - 2029).
Based on Product, the market is segmented into Storage Units, Seating Furniture, Lab Furniture and Others. Based on Application, the market is segmented into Classroom, Library & Labs, and Others. Based on countries, the market is segmented into China, Japan, India, Australia, South Korea, Singapore and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide School Furniture Market is Projected to reach USD 5.7 Billion by 2029, at a CAGR of 5.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include MillerKnoll, Inc., Virco Mfg. Corporation, The HON Company (HNI Corporation), Smith System, Hertz Furniture, VS America, Inc., Paragon Furniture, Inc., Haskell Education, Marco Group, Inc. and Fleetwood Group.
Scope of the Study
Market Segments Covered in the Report:
- Storage Units
- Seating Furniture
- Lab Furniture
- Library & Labs
- South Korea
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- MillerKnoll, Inc.
- Virco Mfg. Corporation
- The HON Company (HNI Corporation)
- Smith System
- Hertz Furniture
- VS America, Inc.
- Paragon Furniture, Inc.
- Haskell Education
- Marco Group, Inc.
- Fleetwood Group
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