Market Size of Europe Sustainable Furniture Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2020 - 2022 |
| CAGR | > 5.00 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Europe Sustainable Furniture Market Analysis
The demand for sustainable furniture dropped in 2020 as offices, schools, and restaurants temporarily closed to limit the spread of COVID-19. Brands across all industries have been promoting their eco-friendliness throughout their value chain, from sourcing to packaging to end-of-life disposal. The market for sustainable furniture is gaining traction as a result of this trend. Eco-friendly furniture is growing more popular not only in affluent countries, but also in underdeveloped countries.
For furniture producers and buyers, the concept of eco-friendly has been broadening. The goal of proponents of eco-friendly furniture is to use materials and procedures that have a low environmental impact. As a simple, straightforward concept, it might mean that furniture and accessories are made from certified sustainable wood that includes recycled and natural resources.
In a similar line, sustainable furniture industry stakeholders emphasise the growing importance of furniture that does not wind up in landfills, reducing the pressure on recyclability infrastructure. In a broader sense, it might imply that environmentally friendly manufacturing techniques fall under the category of earth-friendly items in the eco-friendly furniture industry. The concept also incorporates the use of environmentally friendly packaging, as well as eco-friendly glues and varnishes.
