Eco-friendly Furniture Market: Opportunity Analysis and Industry Forecast upto 2020 - 2030
Eco-friendly Furniture Market: Overview
Brands in all industries have been trumpeting on being eco-friendly across their value chain from sourcing to packaging to disposal after their end life. The drive for eco-friendly furniture market is on the back of this trend gathering momentum. The choice of eco-friendly furniture is becoming the norm not only in developed nations but also among people in developing regions.
The concept of eco-friendly has been expanding in scope for furniture manufacturers and buyers. The aim of proponents of eco-friendly furniture is to adopt materials and processes that put minimal impact on the environment. As a simple, plain concept that may imply that certified sustainable wood comprising reclaimed and natural materials are used in making furniture and accessories. In another vein, stakeholders in the eco-friendly furniture market reiterate the growing important of furniture that stay away from landfill, thus decreasing the burden on recyclability infrastructure. In more expansive sense, it may mean responsible production practices may come under the ambit of earth-friendly products in the eco-friendly furniture market. Also, the concept includes the use of earth-friendly packaging and glues and varnishes used are eco-friendly.
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Eco-friendly Furniture Market: Competitive Analysis and Key Developments
The study provides a detailed assessment of the competitive scenario, focusing on dynamics that shape these dynamics such as entry barriers, intensity of competition, winning imperatives for established players in the eco-friendly furniture market.
Furniture brands that abide by sustainability are harvesting from sustainable wood materials and recycled goods to make home furnishings for their consumers. They are trying to meet the emerging trends and preferences of consumers who seek stylish and eco-friendly living spaces. Concurrently, several manufacturers are focusing on making furniture more resilient, tensile strength, and durability. Further, they are expanding their sales by tapping into the rising popularity of e-commerce channels.
The competition intensity might escalate in coming years, with the presence of top players in the eco-friendly furniture market. Some of the prominent furniture manufacturers are getting into partnerships with sellers who reclaim and upcycle furniture. Some of the well-entrenched players in the eco-friendly furniture market are Shenzhen Vincent Handicraft Co., Limited
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