Global bamboo furniture market is set to witness a substantial CAGR of 5.27% in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2017. Increasing investment in infrastructure development and rising awareness about the advantages of bamboo is the factor for the market growth.

Pune, India -- (SBWire) -- 02/11/2020 --Bamboo Furniture Market: Inclusive Insight

Global bamboo furniture market is set to witness a substantial CAGR of 5.27% in the forecast period of 2019- 2026.

The Bamboo Furniture Market report provides estimations about the growth rate and the market value based on market dynamics and growth inducing factors. While preparing this Global Bamboo Furniture market analysis report, few of the attributes that have been adopted include highest level of spirit, practical solutions, committed research and analysis, innovation, integrated approaches, and most up-to-date technology.

The well-established Key players in the market are: Greenington LLC; MOSO; Utsav Handicraft; Luit Nirman; S. Senniah Gowder; caneocane.in; ,jiangxi kang ti long bamboo industry co.,ltd; Zhejiang Tianzhen Bamboo & Wood Development Co., Ltd.; Gek Guan Enterprise Sdn Bhd; Reforest Design; July Bambu Co. Ltd.; among others.

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What ideas and concepts are covered in the report?

– The assessments accounted by all the zones and the market share registered by each region is mentioned in the report.

– The study sums up the product consumption growth rate in the applicable regions along with their consumption market share.

– Data regarding the Bamboo Furniture Industry market consumption rate of all the provinces, based on applicable regions and the product types is inculcated in the report.

Region-based analysis of the Bamboo Furniture Industry market:

– The Bamboo Furniture Industry market, with regards to provincial scope is segmented into USA, Europe, Japan, China, India, and South East Asia. The report also includes information regarding the products use throughout the topographies.

Unique structure of the report

Global Bamboo Furniture Market By Type (Chairs, Stools, Beds, Others), End- User (Residential, Commercial), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026

Market Drivers:

Growing demand of bamboo furniture from hotels and offices is expected to drive market growth
Increasing popularity of environment friendly products will also accelerate the demand of the market
Rising real estate construction which is usually initiated by government acts as a driving factor
Growing number of eateries, clubs, and bars worldwide will also boost this market growth

Market Restraints:

Bamboo furniture can be cracked easily; this factor will restrain the market growth
They are easily prone to insects which will also hamper the market growth

Key Developments in the Market:

In September 2018, Deputy Chief Minister Chowna Mein announced the launch of their new mobile application Bamtech which is specially designed for bamboo housing and contruction. This new app contains details about the use of bamboo for housing, construction, making of furniture and manufacturing of quality products. This application will be very beneficial for artisans, entrepreneurs, and local youths

In February 2019, Century Furniture announced the acquisition of Curate home collection. This acquisition will help the company to strengthen their market position. By integrating the Curate home collection products in their portfolio they will be able to enhance their product offering and will be able to cater better products to their customers

Increasing Disposable Income

Rising disposable income of the population is believed to positively impact the growth of the smart furniture over the forecast period. Further, changing lifestyle of the people such as increasing preference for smart furniture is anticipated to intensify the growth of global smart furniture market over the forecast period.

However, high cost of Bamboo Furniture products is one of the key factors which are expected to limit the growth of global smart furniture market over the forecast period.

Some of the Major Highlights of TOC covers:

Bamboo Furniture Industry Regional Market Analysis

– Bamboo Furniture Industry Production by Regions

– Global Bamboo Furniture Industry Production by Regions

– Global Bamboo Furniture Industry Revenue by Regions

– Bamboo Furniture Industry Consumption by Regions

Bamboo Furniture Industry Segment Market Analysis (by Type)

– Global Bamboo Furniture Industry Production by Type

– Global Bamboo Furniture Industry Revenue by Type

– Bamboo Furniture Industry Price by Type

Bamboo Furniture Industry Segment Market Analysis (by Application)

– Global Bamboo Furniture Industry Consumption by Application

– Global Bamboo Furniture Industry Consumption Market Share by Application (2014-2019)

Bamboo Furniture Industry Major Manufacturers Analysis

– Bamboo Furniture Industry Production Sites and Area Served

– Product Introduction, Application and Specification

– Bamboo Furniture Industry Production, Revenue, Ex-factory Price and Gross Margin (2014-2019)

– Main Business and Markets Served

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At the Last, Bamboo Furniture industry report focuses on data sources, viz. primary and secondary sources, market breakdown and data triangulation, market size estimation, research programs, and design, research approach and methodology, and the publisher's disclaimer.

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