Market Size of Europe Sustainable Home 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 |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Europe Sustainable Home Furniture Market Analysis
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.