The global Bamboo Furniture Market size is anticipated to touch USD 14.38 billion by 2025, according to a new report by Million Insights. The market is estimated to grow at a CAGR of 5.2% over from 2019 to 2025. The growth of the market is attributed to the growing expenditure on sustainable raw materials for furniture products.
The use of bamboo is gaining traction from both the commercial and residential sectors. Further, companies involved in crafting eco-friendly materials are focusing on using bamboo products as raw material. Such factors are projected to bode well for the market growth over the forecast duration.
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Market Synopsis of Bamboo Furniture Market:
Asia Pacific led the market in 2018 owing to the growing demand from like China and Far East nations. The region occupied around 59% of the market share in 2018 and projected to register the CAGR of 5.8% during the forecast duration. India, on the other hand, is anticipated to provide a lucrative growth avenue owing to rapidly rising infrastructural development.
Bamboo stools held nearly 44% of the market share in 2018. Growing bamboo applications in both outdoors and indoors are bolstering its demand. Further, rising demand from commercial places such as bars, cafes and restaurants is also fueling the product demand.
Key players involved in the bamboo furniture market are Hadicomex VietHa Jsc, Tanyee Company Ltd, Jiangxi Feiyu Bamboo Industry Group Co. Ltd, Shenzhen Vincent Handicraft Co., Greenington LLC, Moso International B.V., and CBG Bamboo among others.
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Table of Contents:-
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Bamboo Furniture: Market Variables, Trends & Scope
Chapter 4 Bamboo Furniture: Product Estimates & Trend Analysis
Chapter 5 Bamboo Furniture: Application Estimates & Trend Analysis
Chapter 6 Bamboo Furniture: End-use Estimates & Trend Analysis
Chapter 7 Bamboo Furniture: Industrial End-use Estimates & Trend Analysis
Chapter 8 Bamboo Furniture: Regional Estimates & Trend Analysis
Chapter 9 Competitive Landscape
Chapter 10 Bamboo Furniture: Manufacturers Company Profiles
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