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Wooden Furniture Market Trends

  • Report ID: GMI4107
  • Published Date: Jun 2024
  • Report Format: PDF

Wooden Furniture Market Trends

The growing demand for eco-friendly furniture is a notable trend in the market and consumers are increasingly prioritising sustainability and environmental responsibility in their purchasing decision this shift has led to a rise in popularity of wooden furniture made from responsibly sourced or recycled wood. Modern wood furniture designs have taken centre stage in interior design, becoming an undeniable trend, combining sophistication and functionality. This design style emphasises creating functional and aesthetically pleasing pieces that are also environmentally friendly. New furniture trends allow individuals to express own style, whether through custom-made accents or bespoke layouts that challenge conventional designs.
 

Additionally, with limited space, there is a growing demand for multipurpose, sophisticated hardwood modern furniture. These adaptable products maximize space and usefulness, improving your living experience.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

Global wooden furniture industry was valued at USD 569.9 billion in 2023 and is anticipated to register 5% CAGR between 2024 and 2032 due to the increasing urbanisation along with real estate development and rising disposable income.

The hardwood segment in the market is expected to reach USD 570.5 billion by 2032, driven by hardwoods durability, high-quality, and design versatility.

Asia Pacific wooden furniture market is expected to record USD 301.4 billion by 2032, driven by urbanization, demand for multifunctional designs, and customization preferences.

Bassett Furniture Industries Inc., BoConcept Holding A/S, Casa International Limited, Dorel Industries Inc., Ethan Allen Interiors Inc., Godrej & Boyce Manufacturing Company Limited, Herman Miller, Inc., and Hooker Furniture Corporation, among others.

Wooden Furniture Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 171
  • Countries covered: 22
  • Pages: 290
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