Europe Eco-friendly Furniture Market Size & Outlook
Europe eco-friendly furniture market, 2018-2030 (US$M)
Related Markets
Europe eco-friendly furniture market highlights
- The Europe eco-friendly furniture market generated a revenue of USD 12,803.1 million in 2021.
- The market is expected to grow at a CAGR of 8% 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.
- Country-wise, UK is expected to register the highest CAGR from 2022 to 2030.
Europe data book summary
| Market revenue in 2021 | USD 12,803.1 million |
| Market revenue in 2030 | USD 25,490.5 million |
| Growth rate | 8% (CAGR from 2021 to 2030) |
| Largest segment | Residential |
| Fastest growing segment | Commercial |
| Historical data covered | 2018 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 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, Europe region accounted for 31.6% of the global eco-friendly furniture market in 2021.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 20,821.3 million by 2030.
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Eco-friendly Furniture Market Scope
Eco-friendly Furniture Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe 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 52.39% in 2021. Horizon Databook has segmented the Europe eco-friendly furniture market based on residential, commercial covering the revenue growth of each sub-segment from 2018 to 2030.
The European Union (EU) has been investing in renewable energy and moving toward greener alternatives, meeting renewable energy targets and sustainable goals. According to Eurostat, in 2020, 22% of the energy consumption in the EU was from a renewable source, exceeding the 2020 target by 2%. Moreover, awareness among individuals about the environment is also rising.
Hence, the ecofriendly furniture market in the region is likely to grow owing to favorable government policies & initiatives and rising awareness among the population. We have been tracking key consumer surveys specifically focusing on their perception pertaining to ecofriendly furniture products.
We could gather a few insights showing the overall sustainable or environment-friendly behavior of European consumers. Customers across Europe have become increasingly aware of various environmental issues in recent years.
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Target buyers of Europe 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 continent-level data and insights on the Europe eco-friendly furniture market , including forecasts for subscribers. This continent databook contains high-level insights into Europe eco-friendly furniture market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe eco friendly furniture market size, by country, 2018-2030 (US$M)
Europe Eco-friendly Furniture Market Outlook Share, 2021 & 2030 (US$M)
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