Press release
Global Bamboo Furniture Market Report 2022-2029: Market Values, Report Scope, Research Methodology, Drivers, Restraints, and Regional Insights
13.09.2023: Bamboo Furniture Market Report Scope and Research MethodologyOur research methodology involves a meticulous analysis of both quantitative and qualitative data sources. We have sourced data from reliable outlets and conducted extensive primary research to ensure the accuracy and reliability of our findings.
The Global Bamboo Furniture Market is witnessing substantial growth, primarily driven by increasing construction activities and a growing awareness of sustainable living. This comprehensive report provides insights into market dynamics, including drivers, restraints, and regional trends, offering a comprehensive overview of this flourishing industry.
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What are Bamboo Furniture Market Dynamics?
The global bamboo furniture market is propelled by the surging construction volumes worldwide, expected to reach a staggering USD 15.5 trillion during the forecast period. Key countries such as India, China, and the United States are poised to capture 58% of the market share, given their status as major bamboo growers. Moreover, bamboo's abundance in tropical and subtropical climates, particularly in Asia, contributes significantly to the market's growth. Additionally, the growing global awareness of environmental issues and bamboo's eco-friendly properties, such as its exceptional carbon dioxide absorption and oxygen release rates, are driving consumers to opt for bamboo furniture. This sustainable material not only benefits the environment but also appeals to those seeking natural and elegant interior design solutions.
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TOC]) @https://www.maximizemarketresearch.com/request-sample/111043
What is Bamboo Furniture Market Segmentation?
By Product: In 2022, Bamboo stools held the largest market share at 45%, driven by their increasing use in both commercial and residential settings. Bamboo bar stools are gaining popularity, especially in commercial establishments like outdoor restaurants, cafes, and bars. Other products such as chairs, tables, cabinets, and dressers are also expected to witness significant growth during the forecast period, thanks to the rising awareness of sustainable materials and resistance to shrinking.
By End-user: In 2022, the residential segment accounted for over 70% of the market share, driven by increasing demand for aesthetically pleasing furnishings that complement living and bedroom decor. Government-led real estate development projects, especially in metropolitan areas, are expected to further boost growth. The commercial segment is projected to exhibit substantial growth, primarily due to the increasing use of bamboo furniture for decorative purposes in hotels, restaurants, beach cafes, bars, and other leisure establishments.
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Who are Bamboo Furniture Market Key Players?
1. Jiangxi Feiyu Bamboo Industry Group Co. Ltd
2. Moso International B.V.
3. Hadicomex VietHa Jsc
4. Ole Bamboo
5. Tanyee Company Ltd
6. Shenzhen Vincent Handicraft Co., Limited
7. CBG Bamboo
8. Greenington LLC
9. Utsav Handicraft
10. Luit Nirman
11. S. Senniah Gowder
12. caneocane.in
13. Zhejiang Tianzhen Bamboo & Wood Development Co., Ltd
14. Gek Guan Enterprise Sdn Bhd
15. Reforest Design
16. July Bambu Co. Ltd
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Table of content for the Bamboo Furniture Market includes:
Part 01: Executive Summary
Part 02: Scope of the Bamboo Furniture Market Report
Part 03: Global Bamboo Furniture Market Landscape
Part 04: Global Bamboo Furniture Market Sizing
Part 05: Global Bamboo Furniture Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
Regional Insights:
Asia-Pacific: Dominates the bamboo furniture market, boasting a market share of approximately 62% in 2022 and expected to grow at a CAGR of 5.8% during the forecast period. High investments in home decor and decorations, particularly in China and other East Asian countries, are driving market growth. The demand for outdoor furnishings like beach beds, bamboo chairs, and rattan chairs is on the rise.
China: As a major bamboo producer with a strong demand for durable furniture, China plays a pivotal role in regional and global market growth. Most Chinese bamboo production companies manufacture over 5 million pieces annually, further propelling regional market expansion during the forecast period.
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Market Size, Share, Size & Forecast by different segment | 2023-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic
perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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