Bamboo Furniture Market survey report analyses the general market conditions such as product price, profit, capacity, production, supply, demand, and market growth rate which supports businesses on deciding upon several strategies. Furthermore, big sample sizes have been utilized for the data collection in this business report which suits the necessities of small, medium as well as large size of businesses. The report explains the moves of top market players and brands that range from developments, products launches, acquisitions, mergers, joint ventures, trending innovation and business policies.
The large scale Bamboo Furniture Market report is prepared by taking into account the market type, organization volume, accessibility on-premises, end-users’ organization type, and availability at global level in areas such as North America, South America, Europe, Asia-Pacific, Middle East and Africa. Extremely talented pool has invested a lot of time for doing market research analysis and to generate this market report. Bamboo Furniture Market report is sure to help businesses for the long lasting accomplishments in terms of better decision making, revenue generation, prioritizing market goals and profitable business.
Data Bridge Market Research analyses that the bamboo furniture market, valued at USD 12.10 billion in 2022, will reach USD 20.26 billion by 2030, growing at a CAGR of 6.65% during the forecast period of 2023 to 2030.
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Bamboo can be used to make beds, chairs, tables, stools, and other types of furniture. Bamboo is one of the hardest woods. They are strong, resistant to shrinking in dry and wet conditions, and environmentally friendly. They typically come in two colors, the light maple color and the amber shade of the wood.
Some of the major players operating in the bamboo furniture market are:
- Greenington (U.S.)
- Hanssem Co. Ltd., (South Korea)
- Interwood (India)
- Itatiaia (Brazil)
- Lixil (Japan)
- CBG Bamboo Garden Products Co..,Ltd (China)
- Moso Bamboo (Netherlands)
- Utsav Handicraft (India)
- Luit Nirman (India)
- S. Senniah Gowder (India)
- Cane O Cane (India)
- Zhejiang Tianzhen Bamboo and Wood Development Co., Ltd. (China)
- Howdens Joinery Ltd., (U.K.)
- IKEA (Sweden)
- GEK GUAN RATTAN FURNITURE (M) SDN BHD (Malaysia)
- July Bambu Co. Ltd (Singapore)
Bamboo Furniture Market Dynamics
Drivers
- Growing use in the commercial and residential sectors
Long-term market demand is also boosted by elements such as a rise in restaurants, bars, and clubs worldwide. The market's growth is fuelled by hotel and office demand for bamboo furniture. Additionally, bamboo furniture is used in homes, apartments, and recreational spaces. Increasing consumer demand for luxurious, organic, and exquisite interior décor is anticipated to fuel demand for woven and crocheted furniture, leading to market expansion for bamboo furniture.
- Significant demand for environmentally friendly products
The demand for bamboo furniture is also accelerating due to the rising popularity of environmentally friendly products. As more people become aware of global warming and the environment, there is a rising demand for bamboo furniture worldwide. Bamboo releases 36 percent more oxygen than a tree and absorbs carbon dioxide 40% more effectively than other options. It reduces atmospheric carbon dioxide concentrations, the main contributor to global warming. As a result, consumers are switching to eco-friendly substitutes such as bamboo, which is excellent for furniture and decorative items. These factors are anticipated to drive the bamboo furniture market forward. The artistic appeal of bamboo furniture is another factor that will contribute to market value growth over the predicted period. In view of its mechanical strength, durability, availability, and aesthetic appeal, bamboo is becoming increasingly popular as a substitute for wood.
Key Coverage in the Bamboo Furniture Market Report:
- Detailed analysis of Bamboo Furniture Market by a thorough assessment of the technology, product type, application, and other key segments of the report
- Qualitative and quantitative analysis of the market along with CAGR calculation for the forecast period
- Investigative study of the market dynamics including drivers, opportunities, restraints, and limitations that can influence the market growth
- Comprehensive analysis of the regions of the Bamboo Furniture industry and their futuristic growth outlook
- Competitive landscape benchmarking with key coverage of company profiles, product portfolio, and business expansion strategies
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