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Library Furniture Market Size, Share & Trends Growth [2031]

Library Furniture Market

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Segments - by Type (Library Shelves, Library Tables, Library Seating, and Others), Material (Wooden Furniture, Metal Furniture, Plastic Furniture, and Others), Application (K-12 Schools, Higher Education, and Public Libraries), and Regions (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023-2031

CG-5926
4.9 Rating
290 Pages

24-10-2023
53 Reviews

Author :

Debadatta Patel

Fact-checked by :

PARTHA PAUL

Editor :

Aman Singh

Report Description

Library Furniture Market Outlook

The Global Library Furniture Market was estimated at USD 4,111.8 Mn in 2022 and is anticipated to reach USD 6,066.8 Mn by 2031, expanding at a CAGR of 4.5% during the forecast period.

Library Furniture refers to various types of furniture and equipment used in libraries to facilitate reading, research, and study. This includes shelves, tables, and other items of specialized furniture designed and used in libraries to support various activities and functions.

The furniture is often designed to be functional and durable, while also being comfortable and aesthetically pleasing to create a conducive environment for studying and learning. Such furniture is found in libraries affiliated with schools, colleges, universities, bookstores, private libraries, and public libraries. They serve a variety of functions, including providing storage, creating an efficient reading space, or enhancing the decor of a room.

Macro-economic Factors

Population & Modern Infrastructure

The rising population at a global level increases the number of educational institutes in the region. Educational institutes have inbuilt libraries on their premises. The growing number of educational institutes is projected to fuel the penetration of libraries and thereby, library furniture. Moreover, millennials are focusing on the construction of their library in their homes.

Library furniture includes a wide range such as bookshelves, tables, chairs, book podiums, and book trucks. Moreover, players offer customization according to the requirement of the user. This, in turn, is expected to fuel the sale of library furniture.

Education Expenditures

Governments across the globe are investing in the education industry to increase the number of admissions in educational institutes. Education spending includes expenditures on universities, schools, and other public and private institutions, delivering and supporting educational services. The rising number of candidates in universities encourages investments in libraries. This, in turn, is anticipated to fuel the demand for library furniture, as they are required for organizing the books systematically.

Library Furniture Market Dynamics

Market Driver- Increasing Investments in the Development of School Libraries

Library furniture is used widely in numerous schools, due to its comfort and storage capacity. The rising focus on the development of educational services is expected to fuel the demand for products during the forecast period. Institutes invest heavily in the implementation of durable and comfortable furniture to increase favorable student experiences.

Increasing government investments in the creation of advanced educational facilities are anticipated to boost its demand in various government institutions and schools. The demand for comfortable seats is growing rapidly. The rising demand for excellent educational infrastructure is expected to drive the global library furniture market in the coming years.

Market Driver- Increasing Use of Library Furniture

Educational institutions, including schools, colleges, and universities, widely use library furniture consisting of library chairs, tables, and bookshelves. A growing number of students across the globe are increasingly focusing on education. The library furniture is used extensively in several schools, as they are comfortable to sit and read. Books are stored easily in such furniture, which in turn, is expected to expand the market in the coming years.

Market Restraint- Upsurge of Online Lectures and Classes

The advent of the COVID-19 pandemic has led to the adoption of online lectures, which in turn, is anticipated to hinder the market in the coming years. The closure of colleges, institutes, and schools during the pandemic impede the sales of library furniture drastically. Further, the dependence upon the Internet of Things (IoT) services is expected to eliminate the need for library furniture during the forecast period.

Market Opportunity- Comfort and Ergonomics

Comfort and ergonomics play a significant role in the library furniture market by providing opportunities for growth and innovation. Libraries aim to provide a comfortable and welcoming environment for their patrons, which includes comfortable furniture enhances the overall user experience, thus encouraging visitors to spend more time in the library. Libraries are places where people spend extended periods of time reading, studying, or working.

Ergonomically designed chairs, desks, and study carrels help promote good posture, reduce fatigue, and improve overall comfort, making the library an inviting and productive space. Libraries create spaces that promote extended reading, studying, and research sessions by offering ergonomic seating, adjustable tables, and supportive chairs. Additionally, ergonomics focuses on designing furniture that promotes good posture and reduces physical strain on the body. Libraries that prioritize ergonomics contribute to the health and well-being of their users.

Scope of Library Furniture Market Report

The Global Library Furniture market report includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes	Details
Report Title	Library Furniture Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast
Base Year	2022
Historic Data	2016–2021
Forecast Period	2023–2031
Segmentation	Type (Library shelves, Library tables, Library seating, and Others), Material (Wooden furniture, Metal furniture, Plastic furniture, and Others), Application (K-12 schools, Higher education, and Public libraries).
Regional Scope	Regions (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered	Brodart, Creative Library Concepts, Demco, Inc., Fleetwood Group, Herman Miller, Hertz Furniture, KI, Minncor Industries, Smith System, Steelcase Inc., and others.

Library Furniture Market Segmental Outlook

Based on type, the market is segmented into library shelves, library tables, library seating, and others. The library seating segment is expected to hold a considerable share of the market during the forecast, due to the fast replaceable rate of seating chairs and others.

Library seating refers to the furniture specifically designed and arranged in libraries to provide comfortable and functional seating options for patrons. It plays a crucial role in creating inviting spaces where individuals read, study, research, collaborate, and engage in various activities.

On the basis of material, the market is fragmented into wooden furniture, metal furniture, plastic furniture, and others. The wooden furniture segment holds a key share of the market. Wooden furniture in libraries refers to furniture pieces made primarily from wood or incorporating wooden elements. Wood has been a popular choice for library furniture, due to its durability, aesthetic appeal, and versatility. The adoption of wooden furniture in libraries in many educational institutes and research organizations is rising, due to its high durability, driving the segment. Additionally, rising spending on educational infrastructure development, especially in developed regions, is propelling the segment.

In terms of application, the market is classified as K-12 schools, higher education, and public libraries. The public libraries segment is anticipated to expand at a significant CAGR during the forecast period. This segment growth is attributed to the rising investments in public libraries from civil society organizations, impacted by the growing interest in keeping libraries in their local areas.

Public libraries are community-based institutions that provide free access to a wide range of resources and services to people of all ages and backgrounds. These libraries are typically funded by local, state, or national government bodies and are open to the public.

Regional Outlook

Based on regions, the market is fragmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America accounted for a significant share of the market in 2022, due to the rising funding. Libraries have become important community hubs; therefore, the funding has become readily available to update and improve their facilities. This has allowed libraries to invest in high-quality furniture that is durable and functional.

Key Benefits for Industry Participants & Stakeholders

In-depth Analysis of the Global Library Furniture Market
Historical, Current, and Projected Market Size in Terms of Value
Potential and niche Segments and Regions Exhibiting Promising Growth Covered
Industry Drivers, Restraints, and Opportunities Covered in the Study
Recent Industry Trends and Developments
Competitive Landscape & Strategies of Key Players
Neutral Perspective on Global Library Furniture Market Performance

Segments

By Type

Library Shelves
Library Tables
Library Seating
Others

By Material

Wooden Furniture
Metal Furniture
Plastic Furniture
Others

By Application

K-12 Schools
Higher Education
Public Libraries

By Region

North America
Europe
Asia Pacific
Latin America
Middle East & Africa

Key Market Players Profiled in the Report

Brodart
Creative Library Concepts
Demco, Inc
Fleetwood Group
Herman Miller
Hertz Furniture
KI
Minncor Industries
Smith System
Steelcase Inc

Competitive Landscape

Manufacturers operating in the Global Library Furniture market are Brodart, Creative Library Concepts, Demco, Inc., Fleetwood Group, Herman Miller, Hertz Furniture, KI, Minncor Industries, Smith System, Steelcase Inc., and others.

Market players are pursuing strategies such as acquisitions, product launches, collaborations, and geographic expansion to leverage untapped opportunities in the global library furniture market.

Key Developments

Steelcase, launched Edvi, a colorful and functional personal storage furniture. The final product is an unjointed structure that is held together by carefully designed fittings and jigs.
In May 2022, Hertz Furniture acquired New Hampshire-based School Furnishings as part of a national growth strategy. This move will expand the presence of Hertz Furniture in New England and provide new products to the existing consumer base in the region.
In March 2023, Smith System launched Numbers Mobile Chair. It is a globe-trotting chair that is ergonomically designed for good posture. The chair’s shell has enough flex and the right angle to let kids turn, twist, and fidget to interact with other students in the classroom.

Table Of Content

Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Library Furniture Market Overview
   4.1 Introduction
      4.1.1 Market Taxonomy
      4.1.2 Market Definition
      4.1.3 Macro-Economic Factors Impacting the Market Growth
   4.2 Library Furniture Market Dynamics
      4.2.1 Market Drivers
      4.2.2 Market Restraints
      4.2.3 Market Opportunity
   4.3 Library Furniture Market - Supply Chain Analysis
      4.3.1 List of Key Suppliers
      4.3.2 List of Key Distributors
      4.3.3 List of Key Consumers
   4.4 Key Forces Shaping the Library Furniture Market
      4.4.1 Bargaining Power of Suppliers
      4.4.2 Bargaining Power of Buyers
      4.4.3 Threat of Substitution
      4.4.4 Threat of New Entrants
      4.4.5 Competitive Rivalry
   4.5 Global Library Furniture Market Size & Forecast, 2016-2031
      4.5.1 Library Furniture Market Size and Y-o-Y Growth
      4.5.2 Library Furniture Market Absolute $ Opportunity
Chapter 5 Global Library Furniture Market Analysis and Forecast By Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities By Type
      5.1.2 Basis Point Share (BPS) Analysis By Type
      5.1.3 Absolute $ Opportunity Assessment By Type
   5.2 Library Furniture Market Size Forecast By Type
      5.2.1 Library Shelves
      5.2.2 Library Tables
      5.2.3 Library Seating
      5.2.4 Others
   5.3 Market Attractiveness Analysis By Type
Chapter 6 Global Library Furniture Market Analysis and Forecast By Material
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities By Material
      6.1.2 Basis Point Share (BPS) Analysis By Material
      6.1.3 Absolute $ Opportunity Assessment By Material
   6.2 Library Furniture Market Size Forecast By Material
      6.2.1 Wooden Furniture
      6.2.2 Metal Furniture
      6.2.3 Plastic Furniture
      6.2.4 Others
   6.3 Market Attractiveness Analysis By Material
Chapter 7 Global Library Furniture Market Analysis and Forecast By Application
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities By Application
      7.1.2 Basis Point Share (BPS) Analysis By Application
      7.1.3 Absolute $ Opportunity Assessment By Application
   7.2 Library Furniture Market Size Forecast By Application
      7.2.1 K-12 Schools
      7.2.2 Higher Education
      7.2.3 Public Libraries
   7.3 Market Attractiveness Analysis By Application
Chapter 8 Global Library Furniture Market Analysis and Forecast by Region
   8.1 Introduction
      8.1.1 Key Market Trends & Growth Opportunities by Region
      8.1.2 Basis Point Share (BPS) Analysis by Region
      8.1.3 Absolute $ Opportunity Assessment by Region
   8.2 Library Furniture Market Size Forecast by Region
      8.2.1 North America
      8.2.2 Europe
      8.2.3 Asia Pacific
      8.2.4 Latin America
      8.2.5 Middle East & Africa (MEA)
   8.3 Market Attractiveness Analysis by Region
Chapter 9 Coronavirus Disease (COVID-19) Impact
   9.1 Introduction
   9.2 Current & Future Impact Analysis
   9.3 Economic Impact Analysis
   9.4 Government Policies
   9.5 Investment Scenario
Chapter 10 North America Library Furniture Analysis and Forecast
   10.1 Introduction
   10.2 North America Library Furniture Market Size Forecast by Country
      10.2.1 U.S.
      10.2.2 Canada
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 North America Library Furniture Market Size Forecast By Type
      10.6.1 Library Shelves
      10.6.2 Library Tables
      10.6.3 Library Seating
      10.6.4 Others
   10.7 Basis Point Share (BPS) Analysis By Type
   10.8 Absolute $ Opportunity Assessment By Type
   10.9 Market Attractiveness Analysis By Type
   10.10 North America Library Furniture Market Size Forecast By Material
      10.10.1 Wooden Furniture
      10.10.2 Metal Furniture
      10.10.3 Plastic Furniture
      10.10.4 Others
   10.11 Basis Point Share (BPS) Analysis By Material
   10.12 Absolute $ Opportunity Assessment By Material
   10.13 Market Attractiveness Analysis By Material
   10.14 North America Library Furniture Market Size Forecast By Application
      10.14.1 K-12 Schools
      10.14.2 Higher Education
      10.14.3 Public Libraries
   10.15 Basis Point Share (BPS) Analysis By Application
   10.16 Absolute $ Opportunity Assessment By Application
   10.17 Market Attractiveness Analysis By Application
Chapter 11 Europe Library Furniture Analysis and Forecast
   11.1 Introduction
   11.2 Europe Library Furniture Market Size Forecast by Country
      11.2.1 Germany
      11.2.2 France
      11.2.3 Italy
      11.2.4 U.K.
      11.2.5 Spain
      11.2.6 Russia
      11.2.7 Rest of Europe
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Europe Library Furniture Market Size Forecast By Type
      11.6.1 Library Shelves
      11.6.2 Library Tables
      11.6.3 Library Seating
      11.6.4 Others
   11.7 Basis Point Share (BPS) Analysis By Type
   11.8 Absolute $ Opportunity Assessment By Type
   11.9 Market Attractiveness Analysis By Type
   11.10 Europe Library Furniture Market Size Forecast By Material
      11.10.1 Wooden Furniture
      11.10.2 Metal Furniture
      11.10.3 Plastic Furniture
      11.10.4 Others
   11.11 Basis Point Share (BPS) Analysis By Material
   11.12 Absolute $ Opportunity Assessment By Material
   11.13 Market Attractiveness Analysis By Material
   11.14 Europe Library Furniture Market Size Forecast By Application
      11.14.1 K-12 Schools
      11.14.2 Higher Education
      11.14.3 Public Libraries
   11.15 Basis Point Share (BPS) Analysis By Application
   11.16 Absolute $ Opportunity Assessment By Application
   11.17 Market Attractiveness Analysis By Application
Chapter 12 Asia Pacific Library Furniture Analysis and Forecast
   12.1 Introduction
   12.2 Asia Pacific Library Furniture Market Size Forecast by Country
      12.2.1 China
      12.2.2 Japan
      12.2.3 South Korea
      12.2.4 India
      12.2.5 Australia
      12.2.6 South East Asia (SEA)
      12.2.7 Rest of Asia Pacific (APAC)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Asia Pacific Library Furniture Market Size Forecast By Type
      12.6.1 Library Shelves
      12.6.2 Library Tables
      12.6.3 Library Seating
      12.6.4 Others
   12.7 Basis Point Share (BPS) Analysis By Type
   12.8 Absolute $ Opportunity Assessment By Type
   12.9 Market Attractiveness Analysis By Type
   12.10 Asia Pacific Library Furniture Market Size Forecast By Material
      12.10.1 Wooden Furniture
      12.10.2 Metal Furniture
      12.10.3 Plastic Furniture
      12.10.4 Others
   12.11 Basis Point Share (BPS) Analysis By Material
   12.12 Absolute $ Opportunity Assessment By Material
   12.13 Market Attractiveness Analysis By Material
   12.14 Asia Pacific Library Furniture Market Size Forecast By Application
      12.14.1 K-12 Schools
      12.14.2 Higher Education
      12.14.3 Public Libraries
   12.15 Basis Point Share (BPS) Analysis By Application
   12.16 Absolute $ Opportunity Assessment By Application
   12.17 Market Attractiveness Analysis By Application
Chapter 13 Latin America Library Furniture Analysis and Forecast
   13.1 Introduction
   13.2 Latin America Library Furniture Market Size Forecast by Country
      13.2.1 Brazil
      13.2.2 Mexico
      13.2.3 Rest of Latin America (LATAM)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Latin America Library Furniture Market Size Forecast By Type
      13.6.1 Library Shelves
      13.6.2 Library Tables
      13.6.3 Library Seating
      13.6.4 Others
   13.7 Basis Point Share (BPS) Analysis By Type
   13.8 Absolute $ Opportunity Assessment By Type
   13.9 Market Attractiveness Analysis By Type
   13.10 Latin America Library Furniture Market Size Forecast By Material
      13.10.1 Wooden Furniture
      13.10.2 Metal Furniture
      13.10.3 Plastic Furniture
      13.10.4 Others
   13.11 Basis Point Share (BPS) Analysis By Material
   13.12 Absolute $ Opportunity Assessment By Material
   13.13 Market Attractiveness Analysis By Material
   13.14 Latin America Library Furniture Market Size Forecast By Application
      13.14.1 K-12 Schools
      13.14.2 Higher Education
      13.14.3 Public Libraries
   13.15 Basis Point Share (BPS) Analysis By Application
   13.16 Absolute $ Opportunity Assessment By Application
   13.17 Market Attractiveness Analysis By Application
Chapter 14 Middle East & Africa (MEA) Library Furniture Analysis and Forecast
   14.1 Introduction
   14.2 Middle East & Africa (MEA) Library Furniture Market Size Forecast by Country
      14.2.1 Saudi Arabia
      14.2.2 South Africa
      14.2.3 UAE
      14.2.4 Rest of Middle East & Africa (MEA)
   14.3 Basis Point Share (BPS) Analysis by Country
   14.4 Absolute $ Opportunity Assessment by Country
   14.5 Market Attractiveness Analysis by Country
   14.6 Middle East & Africa (MEA) Library Furniture Market Size Forecast By Type
      14.6.1 Library Shelves
      14.6.2 Library Tables
      14.6.3 Library Seating
      14.6.4 Others
   14.7 Basis Point Share (BPS) Analysis By Type
   14.8 Absolute $ Opportunity Assessment By Type
   14.9 Market Attractiveness Analysis By Type
   14.10 Middle East & Africa (MEA) Library Furniture Market Size Forecast By Material
      14.10.1 Wooden Furniture
      14.10.2 Metal Furniture
      14.10.3 Plastic Furniture
      14.10.4 Others
   14.11 Basis Point Share (BPS) Analysis By Material
   14.12 Absolute $ Opportunity Assessment By Material
   14.13 Market Attractiveness Analysis By Material
   14.14 Middle East & Africa (MEA) Library Furniture Market Size Forecast By Application
      14.14.1 K-12 Schools
      14.14.2 Higher Education
      14.14.3 Public Libraries
   14.15 Basis Point Share (BPS) Analysis By Application
   14.16 Absolute $ Opportunity Assessment By Application
   14.17 Market Attractiveness Analysis By Application
Chapter 15 Competition Landscape
   15.1 Library Furniture Market: Competitive Dashboard
   15.2 Global Library Furniture Market: Market Share Analysis, 2022
   15.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
      15.3.1 Brodart
      15.3.2 Creative Library Concepts
      15.3.3 Demco, Inc.
      15.3.4 Fleetwood Group
      15.3.5 Herman Miller
      15.3.6 Hertz Furniture
      15.3.7 KI
      15.3.8 Minncor Industries
      15.3.9 Smith System
      15.3.10 Steelcase

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FAQ Section

Some frequently asked questions about this report!

1. Which is the base year calculated in the Global Library Furniture market report and what is the analysis period?

The base year considered for the Global Library Furniture market report is 2022. The complete analysis period is 2016 to 2031, wherein, 2016 to 2021 are the historic years, and the forecast is provided from 2023 to 2031.

2. Which is the forecasted year calculated in the Global Library Furniture market report?

The forecasted year considered for the Global Library Furniture market report is 2031.

3. What additional data analysis is available in a report?

In addition to market size (in US$ Million), company market share (in % for the base year 2022), macroeconomic factors, and supply chain analysis.

4. What is the impact of COVID-19 on the overall market during the years 2019 -2020?

The Global Library Furniture market was negatively impacted by COVID-19 worldwide. The sudden spike in COVID-19 cases has provoked governments to deploy restrictions on manufacturing and transport. Several institutions have adopted online lectures to avoid virus spread and contain virus spread. As a result, the product's supply and demand have been affected adversely. The lack of raw materials and restrictions imposed on travel may hinder product sales. Further, the shutdown of schools, libraries, and universities lowers demand radically.