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The sudden COVID-19 pandemic, which hit the world during the initial days of 2020, has changed the face of the Europe sustainable home furniture industry on a large scale. Europe is a prominent player in the worldwide sustainable furniture sector, not only in terms of production, but also in terms of market and international trade values. Europe continues to be the world's second largest furniture manufacturing region, and it is home to some of the world's most powerful and influential companies. On a global scale, Germany, Italy, and Poland are the top exporting countries.
Sustainable furniture production has a long history in Europe. The industry is a world leader in the high-end part of the furniture market, combining modern technology and innovation with cultural heritage, tradition, and style, while also creating jobs for qualified employees.
One of the main elements driving the expansion of the European furniture market is an increase in consumption. Growing demand from suppliers and lower transportation costs to manufacturers will drive Europe's sustainable home furniture industry growth in the future.
Scope of the Report
Sustainable furniture, is an emerging concept, and largely includes furniture made from eco-friendly or recycled materials that are sustainably sourced. Some of the prevalent raw materials used for green furniture include recycled textiles, oak, birch, hemp, wood, and bamboo. A complete analysis of the Europe Sustainable Home Furniture Market, which includes an assessment of the emerging market trends by segments, significant changes in the market dynamics, and the market overview is covered in the report. The Europe Sustainable Home Furniture Market is segmented By Type (Living Room Furniture, Dining Room Furniture, Kitchen Furniture, Bedroom Furniture, Other Furniture), By Material (Wood, Bamboo, PET, Others), By Distribution Channel (Online and Offline), By Country (Germany, United Kingdom, France, Italy, Spain, and Rest of Europe).
|Living Room Furniture|
|Dining Room Furniture|
|By Distribution Channel|
|Rest of Europe|
Key Market Trends
Growth in the Residential Real Estate Sector is Augmenting the Market Growth
The region's need for residential real estate has increased as the European economy has grown. The demand for luxury housing complexes, such as villas, penthouses, and apartments, has risen in recent years.
Demand for sustainable and eco-friendly furniture such as sofa sets, dining sets, beds, and chairs has surged as a result, and is likely to continue to climb in the coming years. The expansion of the residential real estate business has benefited the home decor industry in recent decades. Increased awareness among homeowners for fashionable interiors and attractive inside is driving the growth of this sector.
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Online Retailing is Driving the Market
Due to the rapid rise of e-commerce across the region, the online home furniture retailing industry is expected to expand over the forecast period. Furthermore, increasing expenditure on home furnishings, combined with a growing preference for online sales channels, is fueling the rise of home furniture online commerce. One of the primary elements driving the online purchase of home furniture such as chairs, beds, tables, and wardrobes is the advent of new chances for people to shop online.
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The report covers major international and regional players operating in the Europe sustainable home furniture market. In terms of market concentration, the market is moderately consolidated characterized by presence of large players and SMEs. However, with technological advancements and product innovations, mid-size to smaller companies are increasing their market presence by securing new contracts and tapping into new markets.
May 2022: Natuzzi S.p.A. accelerates its branded retail expansion in the Asia-pacific region by signing a partnership with a leading listed home-furniture player. Natuzzi distributes its collections worldwide.
Aug 2021: Online home furnishings marketplace Chairish has announced the acquisition of Pamono, Europe’s leading digital homewares resource, with plans to unite the brands into one global e-commerce destination.
Table of Contents
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS AND DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Value Chain / Supply Chain Analysis
4.5 Porters Five Force Analysis
4.5.1 Threat of New Entrants
4.5.2 Bargaining Power of Buyers
4.5.3 Bargaining Power of Suppliers
4.5.4 Threat of Substitute Products
4.5.5 Intensity of Competitive Rivalry
4.6 Insights on Current Trends and Technological Innovations in the Market
4.7 Insights on Recent Developments in the Market
4.8 Consumer Buying Behavior and Preferences
4.9 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
5.1 By Type
5.1.1 Living Room Furniture
5.1.2 Dining Room Furniture
5.1.3 Kitchen Furniture
5.1.4 Bedroom Furniture
5.1.5 Other Furniture
5.3 By Distribution Channel
5.4.6 Rest of Europe
6. COMPETITIVE LANDSCAPE
*List Not Exhaustive
6.1 Market Concertation Overview
6.2 Company Profiles
6.2.1 Adventures in Furniture
6.2.2 Grüne Erde
6.2.7 Solid Wool
6.2.8 Par Avion Co
6.2.12 Sebastian Cox*
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. DISCLAIMER AND ABOUT US
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Frequently Asked Questions
What is the study period of this market?
The Europe Sustainable Home Furniture Market market is studied from 2018 - 2027.
What is the growth rate of Europe Sustainable Home Furniture Market?
The Europe Sustainable Home Furniture Market is growing at a CAGR of >5% over the next 5 years.
Who are the key players in Europe Sustainable Home Furniture Market?
Adventures in Furniture, Grüne Erde, Mater, Bolia, Ekomia are the major companies operating in Europe Sustainable Home Furniture Market.