China Eco-friendly Furniture Market Size & Outlook
China eco-friendly furniture market, 2018-2030 (US$M)
Related Markets
China eco-friendly furniture market highlights
- The China eco-friendly furniture market generated a revenue of USD 1,946.0 million in 2021 and is expected to reach USD 3,762.9 million by 2030.
- The China market is expected to grow at a CAGR of 7.6% from 2022 to 2030.
- In terms of segment, residential was the largest revenue generating end user in 2021.
- Commercial is the most lucrative end user segment registering the fastest growth during the forecast period.
Eco-friendly furniture market data book summary
| Market revenue in 2021 | USD 1,946.0 million |
| Market revenue in 2030 | USD 3,762.9 million |
| Growth rate | 7.6% (CAGR from 2021 to 2030) |
| Largest segment | Residential |
| Fastest growing segment | Commercial |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Residential, Commercial |
| Key market players worldwide | Cisco Systems Inc, Lee Enterprises Inc, Williams-Sonoma Inc, La-Z-Boy Inc, Ashley Services Group Ltd DR, Ethan Allen Interiors Inc, King Living SG, Roche Bobois, Vermont Woods Studios, Sabai Design, Greenington, Vestre, Maiden Home, Inter Ikea |
Other key industry trends
- In terms of revenue, China accounted for 4.8% of the global eco-friendly furniture market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China eco-friendly furniture market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,738.8 million by 2030.
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Eco-friendly Furniture Market Scope
Eco-friendly Furniture Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
China eco-friendly furniture market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to eco-friendly furniture market will help companies and investors design strategic landscapes.
Residential was the largest segment with a revenue share of 61.27% in 2021. Horizon Databook has segmented the China eco-friendly furniture market based on residential, commercial covering the revenue growth of each sub-segment from 2018 to 2030.
The country’s government is raising awareness about the environment among the population. For instance, according to China Daily’s 2021 article, China’s government body co-organized a competition for Chinese students about innovation for environmental protection.
Moreover, the Chinese government continued its march towards a more sustainable future by issuing new green policies by 2020. Hence, government initiatives, the presence of eco-friendly furniture manufacturers, and rising environmental awareness are likely to drive the eco-friendly furniture market.
Chinese eco-friendly furniture companies provide furniture for various end users. For instance, Foshan Pengpai Office Furniture Co., Ltd. provides eco-friendly furniture for offices, such as office workstation cubicles.
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Target buyers of China eco-friendly furniture market databook
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Our clientele includes a mix of eco-friendly furniture market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the China eco-friendly furniture market , including forecasts for subscribers. This country databook contains high-level insights into China eco-friendly furniture market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China eco friendly furniture market size, by end user, 2018-2030 (US$M)
China Eco-friendly Furniture Market Outlook Share, 2021 & 2030 (US$M)
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