Bamboo Furniture Market Industry Outlook, Size, Growth Factors and Forecast 2030
Bamboo Furniture Market Report Overview
Maximize Market Research published reports that help clients understand the Bamboo Furniture market structure in-depth. The report which is a combination of primary and secondary research gives thorough details about the Bamboo Furniture market, trade statistics, leading players, and various market metrics.
Bamboo Furniture Market Report Scope and Research Methodology
In a significant development, the Global Bamboo Furniture Market is witnessing robust growth, projecting a Compound Annual Growth Rate (CAGR) of 6.2% during the forecast period, with an anticipated market value of US$ 18.89 billion by 2029. This surge is attributed to the rise in construction activities globally, especially in countries like India, China, and the United States, which are expected to collectively hold 58% of the market share.
The demand for bamboo furniture is intricately linked to the escalating construction volumes, predicted to soar by up to 85% during the forecast period, translating into a market worth USD 15.5 trillion. The versatile bamboo, prevalent in tropical and subtropical climates, emerges as a pivotal non-wood forest product in India and China, contributing to approximately 65% of the total global bamboo resources.
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Bamboo Furniture Market Segmentation:
In terms of product segmentation, bamboo stools have dominated the market, holding a substantial 45% share in 2022. This is attributed to the increasing use of bamboo stools in both commercial and residential activities, with a rising preference for contemporary designs in commercial spaces.
The residential segment leads the end-user segmentation, representing over 70% of the market share in 2022. The demand for beautifully crafted furnishings that complement living and bedroom decor is expected to drive further growth, especially with the surge in government-led real estate building projects.
by Product
Chairs & Tables
Stools
Beds
Others
by End-user
Residential
Commercial
by Distribution Channel
Online
Offline
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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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Key Questions answered in the Bamboo Furniture Market Report are:
What is Bamboo Furniture?What will be the CAGR of the Bamboo Furniture market during the forecast period?Which segment of the Bamboo Furniture market held the largest share of the global market in 2022?What trends are expected to generate additional revenue for the Bamboo Furniture market?What are the opportunities for the Bamboo Furniture Market?What factors are driving the Bamboo Furniture market growth?Which company held the largest share in the Bamboo Furniture market?
Key Offerings:
A detailed Market OverviewMarket Share, Size, and Forecast by Revenue|2023-2029Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trendsMarket Segmentation- A detailed analysis of each segment and their segmentsCompetitive Landscape - Leading key players and other prominent key players.
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