About Bamboo Furniture
Bamboo furniture can endure everyday use. It is far more resistant to damage than traditional hardwoods. Bamboo furniture is rich in style, furthermore tables, chairs, and wardrobes, it can create a set of uniform style furniture, which is very suitable for people's daily needs. The bamboo furniture style is beautiful and can meet a selection of different decoration styles. Fresh and natural rustic style, elegant and simple Chinese style, relaxed and comfortable modern style. The main fact is that this is an eco-friendly material, considerably superior to others based on this particular criteria. Moreover this furniture is made directly from natural bamboo. It has no chemical formulations such as formaldehyde and will not cause any damage to the human body. Bamboo is a renewable resource with a relatively fast growth rate, so it is healthier and more environmentally friendly. Different activities involved in giving bamboo furniture a finished look as required by the client and shifting the focus towards bamboo furniture is booming the demand in the market.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Bamboo Furniture is a fragmented market due to the presence of a large number of established competitors. The key players are highly focused on developing and innovating new strategies to maintain their market position and customer base. The companies are also planning strategic activities like partnerships, collaboration, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Analyst at AMA Research estimates that China Vendors will contribute the maximum growth to Global Bamboo Furniture market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Jiangxi Feiyu Bamboo Industry Group Co. Ltd. (China), Moso International B.V. (Netherlands), Bhatia Cane Industries (India), Indonesia Furniture (Indonesia), IKEA(Sweden) and Honwell Rattan & Wicker Manufacturing Ltd (China) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Bamboo Furniture market by Type (Bamboo Chair, Bamboo Desk, Bamboo Bed and Others), Application (Residential and Commercial) and Region.
On the basis of geography, the market of Bamboo Furniture has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Bamboo Furniture market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Types Of Bamboo, the sub-segment i.e. Gigantochloa Atroviolacea will boost the Bamboo Furniture market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Finishing, the sub-segment i.e. Linseed oil will boost the Bamboo Furniture market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing awareness levels related to the environment and global warming.
Market Growth Drivers:
A rise in construction volumes is set to fuel growth and Living standards have improved and end-user have begun to pursue a higher level of quality of life is one of the key driving factors of growth
Challenges:
Substitute availability for bamboo furniture
Restraints:
Bamboo is prone to insects and mold
Opportunities:
The Demand Popular Eco-Friendly Material And Increasing Awareness Towards Environment
Market Leaders and their expansionary development strategies
In June 2020, Bamboo specialist MOSO International BV acquired Bambeau Becker & Großgarten GmbH in Frechen, Germany. For the time being, the brands and sales structures of the two companies remain unchanged. MOSO International BV is Europe's largest supplier of bamboo products for indoor and outdoor use in the construction industry and bespoke products for the logistics, furniture, and automotive industries.
In April 2023, IKEA's vast range of minimalist décor and do-it-yourself furniture saves many budget-friendly homes remodels. But now, the retail giant is enhancing the shopping experience with the launch of Interior Design Service. Through a nationwide program, both consumers and businesses complete a digital questionnaire detailing their design goals before being matched with the right expert.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Bamboo Furniture Manufacturer, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industry
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.