Antimicrobial Furniture Market by Surface Material (Copper, Silver, Titanium, and others), by Sales Channel (E-Commerce, Supermarket/Hypermarket, Speciality Stores and Other Channels), by Buyer Type (Individual and Institutional and by End-Use Verticals (Medical & Healthcare, Educational Institutes, Corporate Institutes, Malls & Shopping Stores, Household, and Others)- Global Opportunities Analysis and Industry Forecast 2022-2030

Market Definition:

The global Antimicrobial Furniture Market size was valued at 3.50 billion in 2021 and is predicted to reach 6.78 billion by 2030 with a CAGR of 7.6% from 2022-2030.

Antimicrobial furniture is furniture coated with an antimicrobial finish or materials such as silver, copper, and titanium, which help prevent the growth of microbes, viruses, and bacteria. These furniture are eco-friendly and helps in curbing the spread of diseases; thereby, protecting the health of people. Antimicrobials can act both as an anti-parasitic and an antibacterial; thus, it is gaining popularity in coating furniture products.

Market Dynamics and Trends

Healthcare-associated infections (HAIs) are one of the major concerns of hospitals and are likely to result in readmission and lengthening of hospital stays. HAIs affect more than 1.7 million people yearly in the U.S. alone. The rise in the need to prevent HAIs is expected to boost the demand for antimicrobial furniture in hospitals, as thIS furniture help in reducing the build-up of microbial growth on the surfaces. This, in turn, boosts the market growth.

In addition, the antimicrobial coating has gained popularity in developing medical furniture products such as beds, door knobs, seating, examination tables, controls, and railings. Furthermore, an increase in concern for health & safety is promoting the mall owners to enhance their safety and cleanliness measures to increase the number of shoppers; thereby, augmenting the demand for antimicrobial furniture.

Moreover, sterile furniture reduces the rate of infection; thereby, ensuring the safety of the employees. Thus, it helps maintain hygiene in an office environment and can prevent the growth of harmful micro-organisms. In addition, technological developments in antimicrobial coatings to boost their efficacy and antimicrobial characteristics are likely to create immense growth opportunities for the market players. For instance, in April 2021, Action Tesa launched TESA Antiviro, a nanotech-based antimicrobial coating for pre-laminated boards.

However, antimicrobial coatings used in the furniture can pose a major risk to human and aquatic life. The main ingredients released from these coatings comprise silver, copper, and zinc, which can have toxic effects on fish, crustaceans, and algae. Such harmful metals consumed by aquatic animals are then consumed by humans; thus, affecting the human health indirectly, which is one of the major restrains of the antimicrobial furniture market. On the contrary, the development of these furniture’s with advanced protection against microbes along with new designing with much thinner coatings along with longer sustainability are expected to create ample growth opportunities for the market in the coming years.

Market Segmentations and Scope of the Study:

The antimicrobial furniture market report is segmented based on surface material, sales channel, buyer type, end use verticals, and region. By surface material, the market is divided into copper, silver, titanium, and others. On the basis of buyer type, it is bifurcated into individual and institutional. By end-use verticals, the market is segmented into medical & healthcare, educational institutes, corporate institutes, malls & shopping stores, households, and others. Based on sales channels, it is categorized into e-commerce, supermarket, hypermarket, specialty stores, and others. The geography breakdown and analysis of each of the aforesaid segments includes regions comprising of North America, Europe, Asia-Pacific, and ROW.

Geographical Analysis:

North America holds the lion's share of the antimicrobial furniture market and is expected to dominate the market during the forecast period. This is attributed to factors such as increasing usage of antimicrobial furniture in education institutes and corporate offices for protection against unwanted bacteria as well as viruses boosting the market growth in this region.

However, Europe is expected to show a steady rise in the antimicrobial furniture market due to the rapidly increasing adoption of antimicrobial furniture in residential applications and in quick-serve restaurants to defend against odor as well as stain-causing microbes.

Competitive Landscape  

The antimicrobial furniture market comprises various market players such as Ashley Furniture Industries, Godrej & Boyce Mfg. Co., Ltd., Herman Miller, Inc., HNI Corporation, The Home Depot, Inc., Inter IKEA Group, Kohler CO., La-Z-Boy Inc., Okamura Corporation, and Steelcase. These market players are adopting various strategies such as partnerships and product launches across various regions to maintain their dominance in the antimicrobial furniture market.

For instance, in September 2021, HNI Corporation announced the opening of a new office furniture manufacturing plant in Mexico. The new plant will provide additional capacity to meet HNI’s growing customer demand for office seating. Also, in April 2021, Herman Miller, Inc. launched the post-pandemic (covid-19) office collection “OE1 Workspace Collection”. This antimicrobial collection activates mobility and adaptability to create future-ready offices.

Key Benefits

• The antimicrobial furniture market report provides a quantitative analysis of the current market and estimations through 2022-2030 that assists in identifying the prevailing market opportunities to capitalize on.

• The study comprises a deep dive analysis of the antimicrobial furniture market trend including the current and future trends for depicting the prevalent investment pockets in the market.

• The information related to key drivers, restraints and opportunities and their impact on the market is provided in the report.

• The competitive analysis of the market players along with their market share in the antimicrobial furniture market

• The SWOT analysis and Porters Five Forces model is elaborated in the study.

• Value chain analysis in the market study provides a clear picture of the stakeholders’ roles.

Antimicrobial Furniture Market Key Segments

By Surface Material

• Copper

• Silver

• Titanium

• Others

By Buyer Type

• Individual

• Institutional

By End Use Verticals

• Medical&Healthcare

• Educational Institutes

• Corporate Institutes

• Malls & Shopping Stores

• Household

• Others

By Sales Channel

• Ecommerce

• Supermarket

• Hypermarket

• Specialty Stores

• Others

By Geography

• North America

  • U.S

  • Canada

  • Mexico

• Europe

  • Germany

  • Italy

  • France

  • Spain

  • UK

  • Netherlands

  • Denmark

  • Finland

  • Norway

  • Sweden

  • Russia

  • Rest of Europe

• Asia-Pacific

  • China

  • India

  • Japan

  • South Korea

  • Singapore

  • Taiwan

  • Vietnam

  • Australia

  • Rest of Asia Pacific

• RoW

  • Brazil

  • South Africa

  • Nigeria

  • Israel

  • KSA

  • Turkey

  • Remaining Countries

Report Scope and Segmentation: