Allied Market Research

2024

Eco-friendly Furniture Market

Eco-friendly Furniture Market Size, Share, Competitive Landscape and Trend Analysis Report by Type (Wood, Recycled Glass, Bamboo, Others), by Application (Commercial, Household) and by Distribution Channel (Online, Offline): Global Opportunity Analysis and Industry Forecast, 2023-2032

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Author's: | Roshan Deshmukh
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Eco-friendly furniture is made up of sustainable material such as cane, bamboo, abaca wood, and teak wood. The eco-friendly furniture also is even made from recycled glass and metal. The padding and upholstery in eco-friendly furniture are done through recycled materials or natural fibers. To beautify the eco-friendly furniture natural dyes, environmental-friendly oils, natural wax, water & soy based finishes are used. The global eco-friendly furniture market has experienced a significant growth, and is expected to grow considerably in next few years owing to the rise in popularity of environment-friendly products.

Market Scope and Structure Analysis

Report Metric

Details

 Market Size Available for Years

 2020–2030

 Base Year Considered

 2020

 Forecast Period

 2021–2030

 Forecast Units

 Value (USD)

 Segments Covered

 Type, Application, Distribution Channel, and Region

 Regions Covered

North America (US, Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, and the rest of Europe), Asia-Pacific (China, Japan, India, Australia, Malaysia, Thailand, Indonesia, and the rest of Asia-Pacific), LAMEA (Middle East, Brazil, and the rest of LAMEA)

 Companies Covered

Vermont Woods Studios, Jiangxi Feiyu Bamboo Industry Group, Greenington, Cisco Bros, La-Z-Boy, Manchester Woodcraft, Shenzhen Vincent Handicraft, Williams- Sonoma, Lee Industries, Moso International

 

COVID-19 Scenario Analysis

The COVID-19 outbreak has shaken economies worldwide. In this scenario, some industries have done extremely well while others have suffered losses. The necessity food market, cleaning & hygiene product market and medical industry are such categories which have witnessed a significant growth. The overall performance of home care and décor market has dropped during the pandemic. It includes bedding products, cushion market, furniture, and other discretionary products. The lockdown in different economies caused impaired supply chain and unavailability of workers & raw materials due to which production and demand both were hampered. The end of the lockdown in the countries is anticipated to bring significantly higher consumer traffic in the eco-friendly furniture market.

Top Impacting Factors: Market Scenario Analysis, Trends, Drivers, and Impact Analysis

The rise in popularity for environmentally friendly home décor items has surged the demand for cane and bamboo furnitures. The increase in awareness of the usage of eco-friendly and recyclable products has influenced consumers to purchase eco-friendly furniture.

The upsurge in disposable income has enhanced the purchasing power of the people living in the countries of Asia-Pacific. People spend more than before on luxury, comfort, and lifestyle products. This changed spending behavior of consumers and rise in their purchasing power have increased the demand for eco-friendly furniture.

The change in lifestyle and increase in modern home renovation further support the growth of eco-friendly furniture market, which influence people to have an outdoor garden and galleries at their home and they buy outdoor bamboo, cane, wood and other eco-friendly furniture to enhance the aesthetic beauty of their home.

The increase in number of clubs, bars, hotels, and commercial buildings along with the growth in real estate construction has further propelled the demand for eco-friendly furniture.

The Global Eco-friendly Furniture Market Trends

New Product Launches to Flourish the Market

Manufacturers are focused on producing new products for specific applications as there are varying demands based on the utilization. The market players have launched new innovative and eco-friendly products by incorporating modern technology in the manufacturing process. For instance, in February 2019, “Print Your City” launched an eco-friendly street furniture made of 100% recycled plastic and carved through 3D printing technique.

Restrains of the Market

A number of drawbacks of eco-friendly furniture especially made of bamboo and cane have restricted the growth of the market.

  • Wood, cane and bamboo furniture painted with natural dyes are easily prone to pests and insects.
  • Wood, cane and bamboo furniture cannot be left outside in galleries or gardens during the rainy season.
  • Eco-friendly furnitures made with recycled materials are easily damageable and it can get cracked easily by putting heavy stuffs on it.
  • Cane and bamboo furniture come in limited shades and colors as the surface of bamboo furniture are too smooth to hold paint.

Key Segments Covered

Segments

Subsegments

 Type

  • Wood
  • Bamboo
  • Recycled Glass
  • Others

 Application

  • Commercial
  • Household

 Distribution Channel

  • Online
  • Offline

Key Benefits of the Report

  • This study presents the analytical depiction of the global eco-friendly furniture industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global eco-friendly furniture market share.
  • The current market is quantitatively analyzed from 2020 to 2030 to highlight the growth scenario of the global eco-friendly furniture market.
  • Porter’s five forces analysis illustrates the potency of buyers and suppliers in the market.
  • The report provides a detailed global eco-friendly furniture market analysis based on competitive intensity and how the competition will take shape in coming years.

Questions Answered in the Eco-friendly Furniture Market Research Report

  • Which are the leading players active in the eco-friendly furniture market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What future projections would help in taking further strategic steps?

Eco-friendly Furniture Market Report Highlights

Aspects Details
Eco-friendly Furniture Market By Type
By Type
  • Wood
  • Recycled Glass
  • Bamboo
  • Others
Eco-friendly Furniture Market By Application
By Application
  • Commercial
  • Household
Eco-friendly Furniture Market By Distribution Channel
By Distribution Channel
  • Online
  • Offline
Eco-friendly Furniture Market By Region
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (France, Germany, Italy, Spain, UK, Russia, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Australia, Thailand, Malaysia, Indonesia, Rest of Asia-Pacific)
  • LAMEA  (Brazil, South Africa, Saudi Arabia, UAE, Argentina, Rest of LAMEA)
Key Market Players
Key Market Players

Cisco Bros, Lee Industries, Moso International, Williams- Sonoma, Manchester Woodcraft, Vermont Woods Studios, Greenington, Shenzhen Vincent Handicraft, La-Z-Boy, Jiangxi Feiyu Bamboo Industry Group

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Eco-friendly Furniture Market

Global Opportunity Analysis and Industry Forecast, 2023-2032