Market Size of Europe Sustainable Office Furniture Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2020 - 2022 |
| CAGR | > 6.00 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Europe Sustainable Office Furniture Market Analysis
Though owing to the COVID-19 pandemic many companies switched to remote working practices, the majority of employees have been resuming their working at office routine slowly, which is anticipated to accelerate the growth of the market in forecast period.
The need for sustainable furniture from the residential sector is also fueled by companies increasing adoption of sustainable housing projects in response to customer demand as well as the significance of environmental rules. The use of sustainable furniture and other furnishings in the commercial and residential sectors is greatly boosted by this situation.
The need for sustainable interiors is also being driven by the increased health concerns associated with traditional furniture, which emits dangerous pollutants including volatile organic compounds and causes allergies, migraines, and asthma. In turn, this is increasing demand for environmentally friendly furniture.
The growing popularity of sustainability as a dominant trend in house design and renovation is gaining traction in the market as a means of reducing emissions. The market in the business sector is expanding as a result of rising acceptance of sustainable workplaces. Office furniture is disposed of in landfills at a rate of 8.5 million tonnes annually, claims the EPA. As a result, the use of sustainable resources to make various types of furniture, such as recycled wood, rubberwood, bamboo, rattan, and wicker, is becoming increasingly popular.
