Eco-friendly Furniture Market to Exceed a Valuation of US$ 88.0 Billion by 2031, Note Analysts at TMR

The latest research study released by Transparency Market Research on "𝐄𝐜𝐨-𝐟𝐫𝐢𝐞𝐧𝐝𝐥𝐲 𝐅𝐮𝐫𝐧𝐢𝐭𝐮𝐫𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐭𝐨 𝟐𝟎𝟐𝟑-𝟐𝟎𝟑𝟏 ″ research provides accurate economic, global, and country-level predictions and analyses. It provides a comprehensive perspective of the competitive market as well as an in-depth supply chain analysis to assist businesses in identifying major changes in industry practices. The market report also examines the current state of the Eco-friendly Furniture industry, as well as predicted future growth, technological advancements, investment prospects, market economics, and financial data.

Eco-friendly Furniture market is estimated to attain a valuation of US$ 88.0 Bn by the end of 2031, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 8% during the forecast period, 2023-2031

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐎𝐟 𝐓𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 -https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=78572

Rise in shift toward sustainability and increase in advantages associated with eco-friendly products are driving the global eco-friendly furniture market. People nowadays are more aware of the benefits of choosing eco-friendly furniture for sustainable living, which contributes to market expansion.

Manufacturers are focusing on designing sustainable furniture as it can reduce waste, conserve resources, and benefit the environment. Moreover, online platforms offer opportunities for customers to explore various products and offerings. Sustainable furniture companies are engaging in merger & acquisition to increase product visibility. Innovations and design trends in eco-friendly furniture are also augmenting market growth. However, rise in availability of alternative products at lower cost is expected to hamper market dynamics during the forecast period.

𝐆𝐥𝐨𝐛𝐚𝐥 𝐄𝐜𝐨-𝐟𝐫𝐢𝐞𝐧𝐝𝐥𝐲 𝐅𝐮𝐫𝐧𝐢𝐭𝐮𝐫𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐢𝐧𝐭𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐨𝐧

Eco-friendly furniture, also known as sustainable furniture, generates less pollution and waste, and leads to less environmental damage. People are investing significantly in eco-friendly outdoor furniture that does not harm the environment.

Different types of eco-friendly furniture are available in the market. These products are made from various materials such as wood, bamboo, steel, aluminum, and other recycled materials, and are available at different price ranges. Growing demand for eco-friendly furniture is ascribed to rise in awareness about sustainable products among consumers.

𝐄𝐧𝐪𝐮𝐢𝐫𝐞 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 - https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=78572

𝐈𝐧𝐜𝐫𝐞𝐚𝐬𝐞 𝐢𝐧 𝐒𝐡𝐢𝐟𝐭 𝐓𝐨𝐰𝐚𝐫𝐝 𝐒𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐢𝐥𝐢𝐭𝐲 𝐭𝐨 𝐅𝐮𝐞𝐥 𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭

Rise in sustainability trends across the world is creating significant demand for various eco-friendly products including furniture. People in the U.S. as well as in countries in Asia Pacific have become more conscious of using environmentally-friendly products due to their various advantages. Eco-friendly products help reduce the carbon footprint and no additional waste is dumped at landfills.

Sustainable furniture is a more economical choice in the long run. Manufacturers are engaged in creating furniture products that do not harm the environment. They use environmentally-friendly materials for product development. Green certifications such as BREEAM and LEED are attracting customers worldwide.

𝐋𝐞𝐚𝐝𝐢𝐧𝐠 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬-

Ashley Furniture Industries, Inc., Cisco Brothers Corporation, Ethan Allen Global, Inc., Greenington, Inter IKEA Systems B.V, La-Z-Boy Inc., Maiden Home, Roche Bobois, Sabai, Vermont Woods Studios, Vestre, and Williams-Sonoma, Inc.

𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 -

This report has explored the key segments: by Type and by Application. The lucrativeness and growth potential have been looked into by the industry experts in this report. This report also provides revenue forecast data by type and by application segments based on value for the period 2023-2031.

𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐥𝐞𝐭𝐬 𝐲𝐨𝐮 𝐢𝐝𝐞𝐧𝐭𝐢𝐟𝐲 𝐭𝐡𝐞 𝐨𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐢𝐧 𝐄𝐜𝐨-𝐟𝐫𝐢𝐞𝐧𝐝𝐥𝐲 𝐅𝐮𝐫𝐧𝐢𝐭𝐮𝐫𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐛𝐲 𝐦𝐞𝐚𝐧𝐬 𝐨𝐟 𝐚 𝐫𝐞𝐠𝐢𝐨𝐧:

North America (the United States, Canada, and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, and Southeast Asia (Indonesia, Thailand, Philippines, Malaysia, and Vietnam))
South America (Brazil etc.) The Middle East and Africa (North Africa and GCC Countries)

𝐇𝐚𝐯𝐞 𝐀𝐧𝐲 𝐐𝐮𝐞𝐫𝐲? 𝐀𝐬𝐤 𝐓𝐨 𝐀𝐧𝐚𝐥𝐲𝐬𝐭: https://www.transparencymarketresearch.com/sample/sample.php?flag=ASK&rep_id=78572

𝐊𝐞𝐲 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬

On May 15, 2023, Williams-Sonoma, Inc. launched a new brand named GreenRow. This new brand features eco-friendly furnishing products such as living, bedroom, and dining furniture, dinnerware, rugs, pillows, and curtains. These products are created by following sustainable manufacturing practices.

On June 3, 2022, Vestre opened its new eco-friendly furniture factory, The Plus, in Norway. The company is investing significantly in environmentally-friendly finished goods production in Norway.

𝐌𝐨𝐫𝐞 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐓𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐜𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 -

𝐎𝐫𝐭𝐡𝐨𝐩𝐞𝐝𝐢𝐜 𝐅𝐫𝐚𝐜𝐭𝐮𝐫𝐞 𝐑𝐞𝐩𝐚𝐢𝐫𝐢𝐧𝐠 𝐈𝐦𝐩𝐥𝐚𝐧𝐭𝐬 𝐟𝐨𝐫 𝐎𝐬𝐭𝐞𝐨𝐩𝐨𝐫𝐨𝐬𝐢𝐬 𝐌𝐚𝐫𝐤𝐞𝐭- https://www.globenewswire.com/news-release/2022/08/05/2493366/0/en/Orthopedic-Fracture-Repairing-Implants-for-Osteoporosis-Market-to-Attracts-Profitable-Prospects-due-to-Rising-Number-of-Road-Accidents-and-Bone-related-Disorders-Notes-TMR-Review.html

𝐄𝐝𝐢𝐛𝐥𝐞 𝐈𝐧𝐬𝐞𝐜𝐭𝐬 𝐟𝐨𝐫 𝐀𝐧𝐢𝐦𝐚𝐥 𝐅𝐞𝐞𝐝 𝐌𝐚𝐫𝐤𝐞𝐭- https://www.globenewswire.com/news-release/2022/08/05/2493322/0/en/Value-of-Edible-Insects-for-Animal-Feed-Market-Estimated-at-US-96-82-Bn-by-2031-TMR-Report.html

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬 𝐓𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐜𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬

Nikhil Sawlani

Transparency Market Research Inc.

CORPORATE HEADQUARTER DOWNTOWN,

1000 N. West Street,

Suite 1200, Wilmington, Delaware 19801 USA

Tel: +1-518-618-1030

USA - Canada Toll Free: 866-552-3453

This release was published on openPR.