Market revenue in 2021 | USD 14,781.1 million |
Market revenue in 2030 | USD 27,893.9 million |
Growth rate | 7.3% (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 |
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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 62.07% in 2021. Horizon Databook has segmented the U.S. eco-friendly furniture market based on residential, commercial covering the revenue growth of each sub-segment from 2018 to 2030.
Depletion of natural resources has been a major concern in the country. According to Global Forest Watch (GFW), the U.S. lost over 44.3 million hectares (Mha) of tree cover from 2001 to 2021, reducing by 16%. Commodity-driven deforestation was one of the main reasons for permanent deforestation in the country in 2021. \
As a result, players in the market are looking to adopt sustainable practices to achieve sustainable goals, providing a push for the eco-friendly furniture market. According to a report by The Economist Intelligence Unit (EIU) Limited, Google search popularity for sustainable products in the U.S. grew by 450% from 2016 to 2020. \
This suggests that the demand for eco-friendly furniture for residential/individual end use is likely to remain strong. On a commercial front, companies across industries are adopting sustainable practices owing to increasing consumer awareness.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. eco-friendly furniture market , including forecasts for subscribers. This country databook contains high-level insights into U.S. eco-friendly furniture market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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