South & Central America Educational Furniture Market Forecast to 2030

South & Central America Educational Furniture Market Forecast to 2030 – Regional Analysis – by Material (Wood, Plastic, Metal, and Others), Product Type (Benches and Chairs, Desks and Tables, Storage Units, and Others), and End Use (Institutional [Elementary School, Secondary School, and Higher Education] and Residential)

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Description

The South & Central America educational furniture market was valued at US$ 490.36 million in 2022 and is expected to reach US$ 700.43 million by 2030; it is estimated to record a CAGR of 4.6% from 2022 to 20 30.

Increasing Focus on Sustainability Fuels South & Central America Educational Furniture Market

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.

South & Central America Educational Furniture Market Overview

South & Central America marks the presence of educational furniture manufacturers, namely, Maqmóveis, Milan Moveis, RoyalDoor SRL, and Albano Muebles. According to a report published by the Organization for Economic Co-Operation and Development (OECD) in 2022, public spending on primary, secondary, and tertiary education was 11.1% of total government expenditure in Argentina. According to the World Bank, the Argentine government prioritizes investment in education to promote national productivity and economic growth in the long run. The government invested US$ 31 billion in education in 2020, of which US$ 5 billion was spent on private schools and US$ 26 billion on government-run institutions. According to a report released by the Inter-American Development Bank (IDB) in 2023, the government of Costa Rica signed three agreements, allowing IDB Invest to collaborate with key partners to finance education in Latin America.

According to the report published by International Trade Administration in 2023, government of Brazil prioritizes education and increased education budget to US$ 26.5 billion in 2022. Further, Brazil registered enrollment of 8.3 million students in pre-school and 26.5 million in elementary school, whereas enrollment of 7.7 million in high school and 4.1 million in young and adult education programs. The increased education budget and enrollment of students can prompt expansion of educational infrastructure and create lucrative opportunities for building materials in Brazil. Thus, government initiatives and policies for the development of educational infrastructure are expected to contribute to the growth of the educational furniture market in South & Central America during the forecast period.

South & Central America Educational Furniture Market Revenue and Forecast to 2030 (US$ Million)

South & Central America Educational Furniture Market Segmentation

The South & Central America educational furniture market is segmented based on material, product type, end use, and country.

Based on material, the South & Central America educational furniture market is segmented into wood, plastic, metal, and others. The wood segment held the largest South & Central America educational furniture market share in 2022.

In terms of product type, the South & Central America educational furniture market is categorized into benches and chairs, desks and tables, storage units, and others. The benches and chairs segment the largest South & Central America educational furniture market share in 2022.

In terms of end use, the South & Central America educational furniture market is bifurcated into institutional and residential. The institutional segment held a larger South & Central America educational furniture market share in 2022. The institutional segment is further sub segmented into elementary school, secondary school, and higher education.

Based on country, the South & Central America educational furniture market is categorized into Brazil, Argentina, and the Rest of South & Central America. The Rest of South & Central America dominated the South & Central America educational furniture market in 2022.

Knoll Inc, Haworth Inc, Vitra International AG, and Virco Manufacturing Corp are some of the leading companies operating in the South & Central America educational furniture market .

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At 4.6% CAGR, South & Central America Educational Furniture Market is Speculated to be Worth US$ 700.43 Million by 2030, says the Research Team

According to the Research Team’ research, the South & Central America educational furniture market was valued at US$ 490.36 million in 2022 and is expected to reach US$ 700.43 million by 2030, registering a CAGR of 4.6% from 2022 to 2030. Growing popularity of ergonomic furniture and increasing focus on sustainability are among the critical factors attributed to the South & Central 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. For instance, CBT Supply, Inc. dba Smartdesks produces smart tables and chairs with stackable options and multifunctional applications for classrooms and school offices. Thus, the emerging trend of ergonomic furniture is likely to boost the growth of the education furniture market during the forecast period.

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

Based on material, the South & Central America educational furniture market is segmented into wood, plastic, metal, and others. The wood segment held 60.6% share of the South & Central America educational furniture market in 2022, amassing US$ 297.16 million. It is projected to garner US$ 417.65 million by 2030 to expand at 4.3% CAGR during 2022-2030.

In terms of product type, the South & Central America educational furniture market is categorized into benches and chairs, desks and tables, storage units, and others. The benches and chairs segment held 52.1% share of the South & Central America educational furniture market in 2022, amassing US$ 255.64 million. It is projected to garner US$ 375.95 million by 2030 to expand at 4.9% CAGR during 2022-2030.

By end use, the South & Central America educational furniture market is bifurcated into institutional and residential. The institutional segment held 67.0% share of South & Central America educational furniture market in 2022, amassing US$ 328.44 million. It is projected to garner US$ 475.90 million by 2030 to expand at 4.7% CAGR during 2022-2030. The institutional segment is further sub segmented into elementary school, secondary school, and higher education.

Based on country, the South & Central America educational furniture market is categorized into Brazil, Argentina, and the Rest of South & Central America. The Rest of South & Central America held 43.4% share of South & Central America educational furniture market in 2022, amassing US$ 212.77 million. It is projected to garner US$ 304.73 million by 2030 to expand at 4.6% CAGR during 2022-2030.

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

o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the South & Central America educational furniture market.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in South & Central America educational furniture market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth South & Central America educational furniture market trends and outlook coupled with the factors driving the market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing, and distribution.

TABLE OF CONTENTS

1. Introduction
1.1 the Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Market Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
3.4 Limitations and Assumptions
4. South & Central America Educational Furniture Market Landscape
4.1 Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Buyers:
4.2.2 Bargaining Power of Suppliers:
4.2.3 Threat of Substitutes:
4.2.4 Threat of New Entrants:
4.2.5 Competitive Rivalry:
4.3 Ecosystem Analysis
4.3.1 Raw Materials
4.3.2 Manufacturing
4.3.3 End Consumers
5. South & Central America Educational Furniture Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increase in Demand for Educational Furniture in Newly Constructed Schools
5.1.2 Growing Demand for Modern and Flexible Learning Spaces
5.2 Market Restraints
5.2.1 Fluctuations in Prices of Wood
5.3 Market Opportunities
5.3.1 Increasing Focus on Sustainability
5.4 Future Trends
5.4.1 Growing Popularity of Ergonomic Furniture
5.5 Impact Analysis of Drivers and Restraint
6. Educational Furniture Market – South & Central America Market Analysis
6.1 South & Central America Educational Furniture Market Revenue (US$ Million)
6.2 South & Central America Educational Furniture Market Forecast and Analysis (2020-2030)
7. South & Central America Educational Furniture Market Analysis – By Material
7.1 Wood
7.1.1 Overview
7.1.2 Wood: South & Central America Educational Furniture Market Revenue and Forecast to 2030 (US$ Million)
7.2 Plastic
7.2.1 Overview
7.2.2 Plastic: South & Central America Educational Furniture Market Revenue and Forecast to 2030 (US$ Million)
7.3 Metal
7.3.1 Overview
7.3.2 Metal: South & Central America Educational Furniture Market Revenue and Forecast to 2030 (US$ Million)
7.4 Others
7.4.1 Overview
7.4.2 Others: South & Central America Educational Furniture Market Revenue and Forecast to 2030 (US$ Million)
8. South & Central America Educational Furniture Market Revenue Analysis – By Product Type
8.1 Overview
8.2 Benches and Chairs
8.2.1 Overview
8.2.2 Benches and Chairs: South & Central America Educational Furniture Market Revenue and Forecast to 2030 (US$ Million)
8.3 Desks and Tables
8.3.1 Overview
8.3.2 Desks and Tables: South & Central America Educational Furniture Market Revenue and Forecast to 2030 (US$ Million)
8.4 Storage Units
8.4.1 Overview
8.4.2 Storage Units: South & Central America Educational Furniture Market Revenue and Forecast to 2030 (US$ Million)
8.5 Others
8.5.1 Overview
8.5.2 Others: South & Central America Educational Furniture Market Revenue and Forecast to 2030 (US$ Million)
9. South & Central America Educational Furniture Market Revenue Analysis – By End Use
9.1 Overview
9.2 Institutional
9.2.1 Overview
9.2.2 Institutional: South & Central America Educational Furniture Market Revenue and Forecast to 2030 (US$ Million)
9.2.3 Elementary School
9.2.3.1 Overview
9.2.3.2 Elementary School: South & Central America Educational Furniture Market Revenue and Forecast to 2030 (US$ Million)
9.2.4 Secondary School
9.2.4.1 Overview
9.2.4.2 Secondary School: South & Central America Educational Furniture Market Revenue and Forecast to 2030 (US$ Million)
9.2.5 Higher Education
9.2.5.1 Overview
9.2.5.2 Higher Education: South & Central America Educational Furniture Market Revenue and Forecast to 2030 (US$ Million)
9.3 Residential
9.3.1 Overview
9.3.2 Residential: South & Central America Educational Furniture Market Revenue and Forecast to 2030 (US$ Million)
10. South & Central America Educational Furniture Market – Country Analysis
10.1 South & Central America
10.1.1 South & Central America Educational Furniture Market Revenue and Forecasts and Analysis – By Countries
10.1.1.1 South & Central America Educational Furniture Market Breakdown by Country
10.1.1.2 Brazil Educational Furniture Market Revenue and Forecasts to 2030 (US$ Million)
10.1.1.2.1 Brazil Educational Furniture Market Breakdown by Material
10.1.1.2.2 Brazil Educational Furniture Market Breakdown by Product Type
10.1.1.2.3 Brazil Educational Furniture Market Breakdown by End Use
10.1.1.3 Argentina Educational Furniture Market Revenue and Forecasts to 2030 (US$ Million)
10.1.1.3.1 Argentina Educational Furniture Market Breakdown by Material
10.1.1.3.2 Argentina Educational Furniture Market Breakdown by Product Type
10.1.1.3.3 Argentina Educational Furniture Market Breakdown by End Use
10.1.1.4 Rest of South & Central America Educational Furniture Market Revenue and Forecasts to 2030 (US$ Million)
10.1.1.4.1 Rest of South & Central America Educational Furniture Market Breakdown by Material
10.1.1.4.2 Rest of South & Central America Educational Furniture Market Breakdown by Product Type
10.1.1.4.3 Rest of South & Central America Educational Furniture Market Breakdown by End Use
11. Industry Landscape
11.1 Merger & Acquisitions
11.2 Company News
12. Company Profiles
12.1 Knoll Inc
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Haworth Inc
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Vitra International AG
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Virco Manufacturing Corp
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
13. Appendix

LIST OF TABLES

Table 1. South & Central America Educational Furniture Market Segmentation
Table 2. South & Central America Educational Furniture Market Revenue and Forecasts to 2030 (US$ Million)
Table 3. South & Central America Educational Furniture Market Revenue and Forecasts to 2030 (US$ Million) – By Material
Table 4. South & Central America Educational Furniture Market Revenue and Forecasts to 2030 (US$ Million) – By Product Type
Table 5. South & Central America Educational Furniture Market Revenue and Forecasts to 2030 (US$ Million) – By End Use
Table 6. Brazil Educational Furniture Market Revenue and Forecasts to 2030 (US$ Million) – By Material
Table 7. Brazil Educational Furniture Market Revenue and Forecasts to 2030 (US$ Million) – By Product Type
Table 8. Brazil Educational Furniture Market Revenue and Forecasts to 2030 (US$ Million) – By End Use
Table 9. Argentina Educational Furniture Market Revenue and Forecasts to 2030 (US$ Million) – By Material
Table 10. Argentina Educational Furniture Market Revenue and Forecasts to 2030 (US$ Million) – By Product Type
Table 11. Argentina Educational Furniture Market Revenue and Forecasts to 2030 (US$ Million) – By End Use
Table 12. Rest of South & Central America Educational Furniture Market Revenue and Forecasts to 2030 (US$ Million) – By Material
Table 13. Rest of South & Central America Educational Furniture Market Revenue and Forecasts to 2030 (US$ Million) – By Product Type
Table 14. Rest of South & Central America Educational Furniture Market Revenue and Forecasts to 2030 (US$ Million) – By End Use
 

LIST OF FIGURES

Figure 1. South & Central America Educational Furniture Market Segmentation, By Country
Figure 2. Porter’s Five Forces Analysis: South & Central America Educational Furniture Market
Figure 3. Ecosystem Analysis: South & Central America Educational Furniture Market
Figure 4. South & Central America Educational Furniture Market – Key Industry Dynamics
Figure 5. South & Central America Educational Furniture Market Impact Analysis of Drivers and Restraints
Figure 6. South & Central America Educational Furniture Market Revenue (US$ Million), 2020 – 2030
Figure 7. South & Central America Educational Furniture Market Share (%) – By Material, 2022 and 2030
Figure 8. Wood: South & Central America Educational Furniture Market Revenue and Forecast to 2030 (US$ Million)
Figure 9. Plastic: South & Central America Educational Furniture Market Revenue and Forecast to 2030 (US$ Million)
Figure 10. Metal: South & Central America Educational Furniture Market Revenue and Forecast to 2030 (US$ Million)
Figure 11. Others: South & Central America Educational Furniture Market Revenue and Forecast to 2030 (US$ Million)
Figure 12. South & Central America Educational Furniture Market Revenue Share, By Product Type (2022 and 2030)
Figure 13. Benches and Chairs: South & Central America Educational Furniture Market Revenue and Forecast to 2030 (US$ Million)
Figure 14. Desks and Tables: South & Central America Educational Furniture Market Revenue and Forecast to 2030 (US$ Million)
Figure 15. Storage Units: South & Central America Educational Furniture Market Revenue and Forecast to 2030 (US$ Million)
Figure 16. Others: South & Central America Educational Furniture Market Revenue and Forecast to 2030 (US$ Million)
Figure 17. South & Central America Educational Furniture Market Revenue Share, By End Use (2022 and 2030)
Figure 18. Institutional: South & Central America Educational Furniture Market Revenue and Forecast to 2030 (US$ Million)
Figure 19. Elementary School: South & Central America Educational Furniture Market Revenue and Forecast to 2030 (US$ Million)
Figure 20. Secondary School: South & Central America Educational Furniture Market Revenue and Forecast to 2030 (US$ Million)
Figure 21. Higher Education: South & Central America Educational Furniture Market Revenue and Forecast to 2030 (US$ Million)
Figure 22. Residential: South & Central America Educational Furniture Market Revenue and Forecast to 2030 (US$ Million)
Figure 23. South & Central America Educational Furniture Market Revenue, by Key Countries, (2022) (US$ Mn)
Figure 24. South & Central America Educational Furniture Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 25. Brazil Educational Furniture Market Revenue and Forecasts to 2030 (US$ Million)
Figure 26. Argentina Educational Furniture Market Revenue and Forecasts to 2030 (US$ Million)
Figure 27. Rest of South & Central America Educational Furniture Market Revenue and Forecasts to 2030 (US$ Million)

1. Knoll Inc
2. Haworth Inc
3. Vitra International AG
4. Virco Manufacturing Corp

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