Global Bamboo Furniture Market Growth Analysis 2024, Forecast To 2033
11 Sep, 2024
The bamboo furniture market size has grown strongly in recent years. It will grow from $11.94 billion in 2023 to $12.75 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to rising demand for sustainable bamboo furniture, craftsmanship driving demand for bamboo furniture, commercial success for bamboo office furniture, and increasing demand for eco-friendly furniture alternatives. The bamboo furniture market size is expected to see strong growth in the next few years, reaching $16.66 billion in 2028 at a CAGR of 6.9%. This forecasted growth can be attributed to the growing demand for eco-friendly products, increased sustainability awareness, rising adoption of bamboo furniture, high demand for durable furniture, and government initiatives. Major trends in the forecast period include a focus on sustainability, minimalist and modern designs, outdoor furniture expansion, integration of health and wellness elements, smart furniture adoption, artisanal appeal, and compact, multifunctional furniture.
Global Bamboo Furniture Market Key Driver
The growing demand for eco-friendly products is expected to propel the growth of the bamboo furniture market going forward. Eco-friendly products, also known as environmentally friendly or green products, are items designed to have minimal environmental impact. These products are made from sustainable materials, use energy-efficient processes, and often promote recycling and reuse. Government regulations and policies promoting sustainability and reducing carbon emissions encourage companies and consumers to make greener choices. Bamboo furniture benefits from bamboo's rapid growth and minimal environmental impact, which appeals to eco-conscious consumers. For instance, in April 2022, a report by Trivium Packaging revealed that 86% of consumers were willing to pay more for sustainable packaging, up from 83% in 2021. Therefore, the increasing demand for eco-friendly manufacturing processes drives the growth of the bamboo furniture market.
Get A Free Sample Of The Bamboo Furniture Market ReportGlobal Bamboo Furniture Market Segments
The bamboo furniture market covered in this report is segmented –
1) By Type: Chairs And Tables, Stools, Beds, Other Types
2) By Distribution Channel: Online, Offline
3) By End-User: Residential, Commercial
By Geography:The regions covered in the bamboo furniture market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Asia-Pacific was the largest region in the bamboo furniture market in 2023.
Major Bamboo Furniture Industry Players
Inter IKEA Systems B.V., Zinus, Dasso Group, Utsav Handicraft, VivaTerra, Bamboo Village Company Limited, Bamboo Revolution, Greenington Bamboo Furniture, Bamboo Creasian Inc., Laura James, Rose and Grey, Hadeda Limited, Ha Thai Bamboo Lacquer Co. Ltd., CBG Bamboo Garden Products Co. Ltd., Kerala State Bamboo Corporation Ltd., Bamboopecker, Moso bamboo, Luit Nirman, Keico Limited Company, ZAANCREATION, Fuzen Decor Bali
Purchase The Global Bamboo Furniture Market Report Directly And Get A Swift Delivery
Bamboo Furniture Market Overview
Bamboo furniture refers to furniture items crafted from bamboo, a fast-growing, renewable grass known for its strength, durability, and eco-friendliness. Bamboo furniture includes a wide range of products such as chairs, tables, beds, shelves, cabinets, and even decorative items. Bamboo furniture is popular for its minimal environmental impact and can be harvested without causing significant damage to the ecosystem.
Bamboo Furniture Global Market Report 2023 provides data on the global bamboo furniture market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The bamboo furniture market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.