Middle East & Africa Eco-friendly Furniture Market Size & Outlook
Middle East & Africa eco-friendly furniture market, 2018-2030 (US$M)
Related Markets
MEA eco-friendly furniture market highlights
- The MEA eco-friendly furniture market generated a revenue of USD 478.6 million in 2021.
- The market is expected to grow at a CAGR of 8.7% 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.
MEA data book summary
| Market revenue in 2021 | USD 478.6 million |
| Market revenue in 2030 | USD 1,017.0 million |
| Growth rate | 8.7% (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, MEA region accounted for 1.2% 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 |
|---|
Middle East & Africa 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 55.45% in 2021. Horizon Databook has segmented the Middle East & Africa eco-friendly furniture market based on residential, commercial covering the revenue growth of each sub-segment from 2018 to 2030.
The region has several IKEA stores, and three Crate and Barrel stores are present in the UAE. Several eco-friendly furniture makers are based in South Africa and international players have a presence in the country.
Technology infrastructure in Africa is improving, and it is likely to contribute to the growth of environmental awareness and e-commerce. Hence, the eco-friendly furniture market is likely to see growth in the region.
According to The Economist Intelligence Unit (EIU) Limited, awareness of nature among the population of Sub-Saharan Africa is rising. There was an increase in concern about the loss of animal & plant species from 2016 to 2020.
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Target buyers of Middle East & Africa 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 Middle East & Africa eco-friendly furniture market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa eco-friendly furniture market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Middle East & Africa eco-friendly furniture market
Middle East & Africa Eco-friendly Furniture Market Outlook Share, 2021 & 2030 (US$M)
Middle East & Africa eco-friendly furniture market
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