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Antimicrobial Furniture Market Demand and Top Manufacturers Production Analysis Forecasting 2022-2030

02-07-2022 08:32 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Nextmsc

Antimicrobial Furniture Market Demand and Top Manufacturers

The Antimicrobial Market size was valued at 3.50 billion in 2021 and is predicted to reach 6.78 billion by 2030 with a CAGR of 7.6% from 2022-2030.

Antimicrobial furniture is the furniture coated with antimicrobial finish or materials such as silver, copper, and titanium, which help prevent the growth of microbes, viruses, and bacteria. These furniture’s are eco-friendly and help in curbing the spread of diseases; thereby, protecting the health of people. Antimicrobials can act both as an anti-parasitic and an antibacterial; thus, it is gaining popularity in coating furniture products.

Access Full Description of this report at:-

https://www.nextmsc.com/report/antimicrobial-furniture-market

Top Companies: Ashley Furniture Industries, Godrej & Boyce Mfg. Co., Ltd., Herman Miller, Inc., HNI Corporation, The Home Depot, Inc., Inter IKEA Group, Kohler CO., La-Z-Boy Inc., Okamura Corporation, and Steelcase.

Market Dynamics and Trends

Healthcare associated infections (HAIs) are one of the major concerns of hospitals and are likely to result in readmission and lengthening of hospital stays. HAIs affect more than 1.7 million people yearly in the U.S. alone. Rise in need to prevent HAIs is expected to boost the demand for antimicrobial furniture in hospitals, as these furniture help in reducing the built-up of microbial growth on the surfaces. This, in turn, boosts the market growth. In addition, antimicrobial coating has gained popularity in developing medical furniture products such as beds, door knobs, seating, examination tables, controls, and railings. Furthermore, increase in concern for health & safety are promoting the mall owners to enhance their safety and cleanliness measures to increase the number of shoppers; thereby, augmenting the demand for antimicrobial furniture.

Moreover, antimicrobial furniture reduces the rate of infection; thereby, ensuring the safety of the employees. Thus, it helps maintain hygiene in an office environment and can prevent the growth of harmful micro-organisms. In addition, technological developments in antimicrobial coatings to boost its efficacy and antimicrobial characteristics are likely to create immense growth opportunities for the market players. For instance, in April 2021, Action Tesa launched TESA Antiviro, nanotech-based antimicrobial coating for pre-laminated boards.

However, antimicrobial coatings used in the furniture can pose a major risk to human and aquatic life. The main ingredients released from these coatings comprise silver, copper, and zinc, which can have toxic effects on fish, crustaceans, and algae. Such harmful metals consumed by aquatic animals are then consumed by humans; thus, affecting the human health indirectly, which is one of the major restrains of the antimicrobial furniture market. On the contrary, the development of these furniture’s with advanced protection against microbes along with new designing with much thinner coatings along with longer sustainability are expected to create ample growth opportunities for the market in the coming years.

Request sample copy of this report at:-

https://www.nextmsc.com/antimicrobial-furniture-market/request-sample

Market Segmentations and Scope of the Study:

The antimicrobial furniture market is segmented based on surface material, sales channel, buyer type, end use verticals, and region. By surface material, the market is divided into copper, silver, titanium, and others. On the basis of buyer type, it is bifurcated into individual and institutional. By end use verticals, the market is segmented into medical & healthcare, educational institutes, corporate institutes, malls & shopping stores, household, and others. Based on sales channel, it is categorized into e-commerce, supermarket, hypermarket, specialty stores, and others. The geography breakdown and analysis of each of the aforesaid segments includes regions comprising of North America, Europe, Asia-Pacific, and ROW.

Geographical Analysis:

North America holds the lion share of antimicrobial furniture market and is expected to dominate the market during the forecast period. This is attributed to factors such as increasing usage of antimicrobial furniture in education institutes and corporate offices for protection against unwanted bacteria as well as viruses boost the market growth in this region.

However, Europe is expected to show a steady rise in the antimicrobial furniture market due to the rapidly increasing adoption of antimicrobial furniture in residential applications and in quick serve restaurants to defend against odor as well as stain causing microbes.

Contact:
Phone Number: +1-217-650-7991
E-mail: info@nextmsc.com

About Next Move Strategy Consulting:

Next Move Strategy Consulting is an independent and trusted third-platform market intelligence provider, committed to deliver high quality, market research reports that help multinational companies to triumph over their competitions and increase industry footprint by capturing greater market share. Our research model is a unique collaboration of primary research, secondary research, data mining and data analytics.

We have been servicing over 1000 customers globally that includes 90% of the Fortune 500 companies over a decade. Our analysts are constantly tracking various high growth markets and identifying hidden opportunities in each sector or the industry. We provide one of the industry’s best quality syndicate as well as custom research reports across 10 different industry verticals. We are committed to deliver high quality research solutions in accordance to your business needs. Our industry standard delivery solution that ranges from the pre consultation to after-sales services, provide an excellent client experience and ensure right strategic decision making for businesses.

For more insights, please visit, https://www.nextmsc.com

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