Germany Eco-friendly Furniture Market Size & Outlook
Germany eco-friendly furniture market, 2018-2030 (US$M)
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Germany eco-friendly furniture market highlights
- The Germany eco-friendly furniture market generated a revenue of USD 3,103.5 million in 2021 and is expected to reach USD 5,722.6 million by 2030.
- The Germany market is expected to grow at a CAGR of 7% 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 3,103.5 million |
| Market revenue in 2030 | USD 5,722.6 million |
| Growth rate | 7% (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, Germany accounted for 7.7% 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 Europe, Germany eco-friendly furniture market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 4,392.0 million by 2030.
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Eco-friendly Furniture Market Scope
Eco-friendly Furniture Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Germany 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 58.34% in 2021. Horizon Databook has segmented the Germany eco-friendly furniture market based on residential, commercial covering the revenue growth of each sub-segment from 2018 to 2030.
Demand for furniture with a better environmental life cycle assessment has been growing in recent years in Germany. Increasing demand for eco-friendly or ‘green’ furniture has driven manufacturers to scale their business, which in turn, is propelling the market growth in the country.
For instance, Ekomia, a Berlin-based environment-friendly furniture production company, offers furniture made of organic solid wood that is durable and easily repaired in cases of dents or scratches. Additionally, increasing consumer awareness towards the labels and certifications for eco-friendly furniture, is favoring the market growth.
For instance, according to Global Sustainability Study 2021, over 30% of German consumers are willing to spend more on sustainable products, which is likely to show a positive impact on the market. Demand for eco-friendly furniture is high in the commercial segment due to tremendous growth in the hospitality sector.
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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 Germany eco-friendly furniture market , including forecasts for subscribers. This country databook contains high-level insights into Germany eco-friendly furniture market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany eco friendly furniture market size, by end user, 2018-2030 (US$M)
Germany Eco-friendly Furniture Market Outlook Share, 2021 & 2030 (US$M)
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