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Bamboo Furniture Market Size is expected to reach USD 14.38 billion by 2019 - 2025

The global bamboo furniture market size is expected to reach USD 14.38 billion by 2025. It is anticipated to expand at a CAGR of 5.2% during the forecast period. The growth is primarily attributed to rising investments in infrastructure developments and use of sustainable raw materials for furniture.

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Bamboo Furniture Market Size is expected to reach USD 14.38 billion by 2019 - 2025

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  1. Bamboo Furniture Market Size is expected to reach USD 14.38 billion by 2019 - 2025 “Bamboo Furniture Market Size, Share & Trends Analysis Report By Type (Chairs & Tables, Stools, Beds), By End User (Residential, Commercial), By Region, And Segment Forecasts, 2019 - 2025.” The global bamboo furniture market size is expected to reach USD 14.38 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 5.2% during the forecast period. The growth is primarily attributed to rising investments in infrastructure developments and use of sustainable raw materials for furniture. Bamboo is also gaining an increasing traction in terms of application in the commercial sector such as hotels, offices and recreational areas. Companies focus on crafting environmentally friendly products using bamboo as the major raw material. This factor is anticipated to drive the market in near future. Asia Pacific is a one of the major markets, with China and other Far East countries as the major hubs. India is also expected to be a lucrative market for the manufacturers supported by the rising preference for sustainable and elegant furniture. Ikea has made India its global sourcing hub for bamboo products with an aim to expand its product portfolio. Request A Sample Copy Of This Report at: https://www.radiantinsights.com/research/bamboo-furniture-market/request-sample Follow Us:

  2. Bamboo stools accounted for the highest market share of about 44% in 2018. Rising usage of bamboo furniture for both indoor and outdoor purposes is anticipated to drive the segment growth. Increasing demand from outdoor restaurants, cafes, and bars is projected to further fuel the product demand in near future. Foter offers a wide range of bamboo bar stools for both residential and commercial purposes in various designs. Browse Full Research Report at: https://www.radiantinsights.com/research/bamboo- furniture-market The global bamboo furniture market is majorly driven by the residential application. Rising demand for elegant furniture to complement the living room and bedroom decor along with the rise in real estate constructions initiated by governments, especially in the urban areas is projected to drive the segment growth. Asia Pacific accounted for the largest market share of about 59% in 2018. It is also expected to expand at the fastest CAGR of 5.8% from 2019 to 2025. Majority of the growth is driven by China and other Far East countries. Improving living standards in China are resulting in higher investments in home decor and furnishings, which in turn is anticipated to fuel the market. Further key findings from the report suggest: APAC is estimated to be the fastest market accounting for a share of more than 55% by 2025, driven majorly by the high demand from China and India In terms of revenue, residential application accounts for a market share of more than 70% in 2018. The segment is expected to continue leading over the forecast period Some of the major players operating in the global bamboo furniture market include Jiangxi Feiyu Industry Co. Ltd., Moso International B.V, Hadicomex VietHa Jsc, Ole Bamboo, Tanyee company Ltd., Shenzhen Vincent Handicraft Co., Limited, CBG Bamboo, and Greenington LLC See More Reports of This Category by Radiant Insights at: https://www.radiantinsights.com/catalog/consumer-goods Follow Us:

  3. About Radiant Insights,Inc: Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions. Contact Details: Michelle Thoras Corporate Sales Specialist, USA Radiant Insights, Inc 28 2nd Street, Suite 3036, San Francisco, CA 94105, United States Phone: 1-415-349-0054 Toll Free: 1-888-202-9519 Email: sales@radiantinsights.com Web: http://www.radiantinsights.com/ Visit Our Blog: http://industryinsightreport.blogspot.com Follow Us:

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