Eco-friendly Furniture Market Size Is Likely To Reach A Valuation Of Around $59.8 Billion By 2027 | Grand View Research, Inc.

May 04 07:36 2020
Eco-friendly Furniture Market Size Is Likely To Reach A Valuation Of Around $59.8 Billion By 2027 | Grand View Research, Inc.

Grand View Research, Inc. – Market Research And Consulting.
According to report published by Grand View Research, The global eco-friendly furniture market size was valued at USD 35.2 billion in 2019. Rising adoption of sustainable materials in furniture production to support the environment is driving the market.

The global eco-friendly furniture market size is anticipated to reach USD 59.8 billion by 2027, expanding at a CAGR of 6.8%, according to a new report by Grand View Research, Inc. Growing adoption of green building projects across the globe is paving the demand for sustainable interior products including eco-friendly furniture. In addition, increasing prominence of sustainable manufacturing of furniture in order to create a pollutant-free environment is expected to drive the market over the forecast period.

Increasing prominence for durable and fixable furniture with less chances of ending up in a landfill has developed greater application of green furnishings across residential as well as commercial sectors. According to EPA, 8.5 million tons of office furniture is dumped into landfills each year. Therefore, growing focus towards office design, which highly impacts employee productivity, physical and mental well-being, and employee retention are widening the scope for application of eco-friendly furniture in the commercial sector. In addition, rising prevalence of the zero waste and zero commission waves is boosting further adoption of sustainable fittings in the home design industry.

Moreover, interior trade fairs in Asian countries such as China and India are resulting in rising demand for luxury modern furniture. A combination of materials categorized as luxury such as Shagreen and treated glass with minimal metallic accents which is produced from brass and brushed gold are gaining traction in the market. In addition, growing initiatives towards green building projects are seen uprising across nations. This, in turn, is expected to fuel the market. According to SmartMarket Report by Dodge Analytics in 2018, 9% respondents in Mainland China are involved in green projects. This scenario is likely to boost adoption of eco-friendly fittings across industries.

To Know More About Eco-friendly Furniture Market, Access Sample [email protected]

U.S. eco-friendly furniture market size, by application, 2016 - 2027 (USD Billion)

The offline distribution channel segment is anticipated to dominate the eco-friendly furniture market over the forecast period. Assortment of eco-labelled and certified furnishings in the store also helps consumers to compare eco-friendly furniture to traditional furniture, in terms of appeal. For instance, CRATE and BARREL provides FSC certified, reclaimed, and sustainable pieces of furniture produced with high-end designs.

In terms of application, the residential sector held a dominant position in the market in 2019. Consumer inclination to move away from single-use plastic is driving the market. In addition, increasing availability of sustainable furniture in various trade fairs has positively impacted the market.

Further key findings from the report suggest:

  • The residential application segment is expected to reach USD 36.6 billion by 2027, growing at a CAGR of 6.7% from 2020 to 2027
  • The online distribution channel segment was valued at USD 11.2 billion in 2019 and is expected to reach USD 19.4 billion by 2027
  • Asia Pacific is expected to witness a revenue based CAGR of 7.4% from 2020 to 2027
  • Key players operating in the eco-friendly furniture market are Vermont Woods Studios; Cisco Bros. Corp.; Manchester Woodcraft; Greenington; Lee Industries, Inc.; Williams-Sonoma Inc.; La-Z-Boy Inc.; Jiangxi Feiyu Bamboo Industry Group Co. Ltd.; Moso International B.V.; and Shenzhen Vincent Handicraft Co., Limited.

Global eco-friendly furniture market share, by distribution channel, 2019 (%)

Browse Details of Report, Please Visit @

Grand View Research has segmented the global eco-friendly furniture market by application, distribution channel, and region:

Eco-friendly Furniture Application Outlook (Revenue, USD Billion, 2016 – 2027)

  • Residential
  • Commercial

Eco-friendly Furniture Distribution Channel Outlook (Revenue, USD Billion, 2016 – 2027)

  • Offline
  • Online

Eco-friendly Furniture Regional Outlook (Revenue, USD Billion, 2016 – 2027)

  • North America
    • U.S.
  • Europe
    • Germany
    • France
    • U.K.
  • Asia Pacific
    • China
    • Japan
  • Central & South America
  • Middle East & Africa                          

Key Topics Covered 

Table of Content

Chapter 1. Methodology and Scope
                  1.1. Market Segmentation & Scope
                  1.2. Market Definition
                  1.3. Information Procurement
                      1.3.1. Purchased Database
                      1.3.2. GVR’s Internal Database
                      1.3.3. Secondary Sources & Third-Party Perspectives
                      1.3.4. Primary Research
                  1.4. Information Analysis
                      1.4.1. Data Analysis Models
                  1.5. Market Formulation & Data Visualization
                  1.6. Data Validation & Publishing
Chapter 2. Executive Summary
                  2.1. Market Outlook
                  2.2. Segmental Outlook
                  2.3. Competitive Insights
Chapter 3. Eco-friendly Furniture Market Variables, Trends & Scope
                  3.1. Market Introduction
                  3.2. Penetration & Growth Prospect Mapping
                  3.3. Industry Value Chain Analysis
                      3.3.1. Sales/Retail Channel Analysis
                      3.3.2. Profit Margin Analysis
                  3.4. Market Dynamics
                      3.4.1. Market Driver Analysis
                      3.4.2. Market Restraint Analysis
                      3.4.3. Industry Challenges

…. continue

Browse Related Reports:
Kids Furniture Market
By Product, By Raw Material (Wood, Polymer, Metal), By Application (Commercial, Household), By Region, And Segment Forecasts, 2019 – 2025:

Folding Furniture Market By Product (Table & Chair, Sofa, Bed), By Distribution Channel (Offline, Online), By Region, And Segment Forecasts, 2019 – 2025:

About Grand View Research

Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.

Media Contact
Company Name: Grand View Research, Inc.
Contact Person: Sherry James, Corporate Sales Specialist – U.S.A.
Email: Send Email
Phone: 1-415-349-0058, Toll Free: 1-888-202-9519
Address:201, Spear Street, 1100
City: San Francisco
State: California
Country: United States