Industry Background:
Preschool furniture refers to equipment which is used for routine care of preschool students. Well-Designed preschool classroom furniture promotes children’s growth. There is various type of equipment available such as tables and chairs for a meal, child-size chairs, and tables, cots, and mats for rest, library furniture and cupboard for storage. Increasing awareness of education will help to boost the global preschool furniture market. Rising Dependency on E-Commerce will help to boost global preschool furniture market.According to AMA, the market for Preschool Furniture is expected to register a CAGR of 6.55% during the forecast period to 2026. This growth is primarily driven by Increasing Awareness about Child Education and Adoption of E-Commerce for Distribution.
Globally, a noticeable market trend is evident Attraction towards Online Retailing
. The Education Services sector in the North America region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Gonzagarredi Montessori (Italy), Disney Furniture (United States), FLEXA (Denmark), Jonti-Craft (United States), Smith System (United States), Virco (United States), VS (United States), INTERMETAL (Dubai), Kinder Craft (Ireland) and Whitney Brothers (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
On 8th June 2018, Steelcase Inc. has acquired Smith System Manufacturing Company, a leading Texas-based manufacturer of high-quality furniture for the preK-12 education market designed to motivate enhanced learning and expand conclusions for students.
Market Drivers
- Increasing Awareness about Child Education
- Adoption of E-Commerce for Distribution
Market Trend
- Attraction towards Online Retailing
- An Innovation of New Technology
- Huge Demand For Colorful Pieces of Furniture
Restraints
- High Cost of Transportation and Logistics
- Risk Of International Trade
Opportunities
Lucrative Opportunities in Rural Areas of Emerging Economics and E-Learning Gaining Traction in Developing Countries
Challenges
Regulatory Compliance and Quality Certification
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Preschool Furniture Study Sheds Light on
The Preschool Furniture Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Preschool Furniture industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Preschool Furniture industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.