About Library Furniture
Choosing furniture for the library can be a difficult task, at the same time the customer needs to understand various aspects and need for the furniture and how long these would last for. Library Furniture consists of chairs, tables, racks, and lockers as well. There may be a variety of different racks, chairs and tables would be available of different sizes, colors, and designs, and would be made up of different materials. Other than that, depending on the space allocated in the library one needs can choose between continuous shelves or add on the section that can be customized to the desired length.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Library Furniture is a fragmented market due to the presence of various players. The players are focusing on strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Library Furniture market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Steelcase (United States), Herman Miller, Inc. (United States), Haworth (United States), HNI Corporation (United States), Global Furniture Group (United States), Kokuyo Co., Ltd. (Japan), Knoll (United States), VS (Germany), British Thornton (United Kingdom), Smith System (United States), Metalliform Holdings Ltd (United Kingdom), Virco (United States), Gonzagarredi Montessori (Italy), Disney Furniture (United States) and FLEXA (Denmark) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Teknion Corporation (Canda), Okamura Corporation (Japan), Kimball International (United States) and Kinnarps (Sweden).
Segmentation Overview
AMA Research has segmented the market of Global Library Furniture market by Type (Library Shelves, Library Tables, Library Seating and Other Furniture), Application (Academic Libraries, Public Libraries, School Libraries, Special Libraries and Other) and Region.
On the basis of geography, the market of Library Furniture has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channels, the sub-segment i.e. Online (E-Retailer Websites, Company Websites) will boost the Library Furniture market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material, the sub-segment i.e. Plastic will boost the Library Furniture market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Furniture Finish, the sub-segment i.e. Cherry will boost the Library Furniture market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Penetration of Online Stores For Furniture in Emerging Economies is Making its Trend across Globe
Market Growth Drivers:
Increasing Popularity of Makespace, Growing Number of Schools and Colleges and Increasing Demand for Ergonomically Designed Furniture from Educational Institutes
Challenges:
Competition Among Key Players in the Market and Creating High Quality Yet Affordable and Accessible Library Furniture
Restraints:
Fluctuating Raw Material Prices
Opportunities:
Increase in Demand From Emerging Countries Such as China, India, and Others
Market Leaders and their expansionary development strategies
In January 2022, private equity firm Full Guard Capital acquired furniture company Library Furniture International.
In November 2023, London-based industrial designers Studio Elk have launched a work-from-home furniture subscription concept which, as pressure upon employers to provide equipment for those working from home increases, is a timely release.
According to Government of United Kingdom, “The Furniture and Furnishings (Fire Safety) Regulations 1988 (amended 1989, 1993 and 2010) are UK law and are designed to ensure that upholstery components and composites used for furniture supplied in the UK meet specified ignition resistance levels and are suitable labeled”.
Key Target Audience
Raw Material Suppliers, Distributors/Traders/Wholesalers/Suppliers, Regulatory Bodies, Including Government Agencies And NGOs, Commercial Research & Development (R&D) Institutions, Importers and Exporters, Government Organizations, Research Organizations, And Consulting Firms, Trade Associations And Industry Bodies and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.