Bamboo Furniture Market Size, Share, Growth Report 2030

Bamboo Furniture Market

Bamboo Furniture Market By End-User (Commercial and Residential), By Types (Beds, Chairs, Stools, and Others), By Distribution Channel (Offline and Online), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2023 – 2030

Category: Consumer Goods Report Format : PDF Pages: 220 Report Code: ZMR-7164 Published Date: Apr-2023 Status : Published

Global bamboo furniture market size was valued $12.11 Billion in 2022 and is expected to expand to $20.261 Billion by 2030 at a CAGR of 6.651%.

Bamboo Furniture Industry Prospective:

The global bamboo furniture market size was worth around USD 12.11 Billion in 2022 and is predicted to grow to around USD 20.261 Billion by 2030 with a compound annual growth rate (CAGR) of roughly 6.651% between 2023 and 2030.

The report analyzes the global bamboo furniture market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the bamboo furniture market.

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Bamboo Furniture Market: Overview

The bamboo furniture industry refers to the production and distribution of furniture products made out of bamboo which is a type of woody grass. Bamboo grows rapidly and is highly popular due to its several characteristics such as strength, durability, and sustainability. Furniture made out of bamboo is known to be lightweight and eco-friendly. Along with these attributes, bamboo furniture can be carved into a more aesthetically pleasing appearance as compared to other forms of wood-based furniture. The products that are sold in the industry include items like chairs, tables, beds, sofas, and cabinets amongst other products. In recent years, the fraternity has shown exceptional growth and is expected to register a high CAGR during the forecast period. Certain territories are projected to witness more growth as compared to others due to growing bamboo plantations.

Key Insights: 

  • As per the analysis shared by our research analyst, the global bamboo furniture market is estimated to grow annually at a CAGR of around 6.651% over the forecast period (2023-2030)
  • In terms of revenue, the global bamboo furniture market size was valued at around USD 12.11 billion in 2022 and is projected to reach USD 20.261 billion, by 2030.
  • The bamboo furniture market is projected to grow at a significant rate due to the growing application in the commercial sector
  • Based on distribution channel segmentation, offline was predicted to show maximum market share in the year 2022
  • Based on end-user segmentation, residential was the leading user in 2022
  • On the basis of region, Asia-Pacific was the leading revenue generator in 2022

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Bamboo Furniture Market: Growth Drivers

Growing application in the commercial sector to drive market growth

The global bamboo furniture market is expected to witness high growth due to the increasing application of the products in commercial settings. Due to the cost-efficiency of bamboo furniture along with the higher strength and durability of the products, several commercial units have started investing in producing bamboo-based items. For instance, restaurants are showing keen interest in using baboo-based chairs and tables for cafes and other eateries. It not only provides a sturdy place to eat but improves the overall physical appearance or ambiance of the facility. Furthermore, corporate firms are building office furniture including bookcases, desks, and filing cabinets made of bamboo. With the world moving toward commercialization with the inauguration of millions of small cafes and restaurants working on limited budgets across the globe, the demand for bamboo furniture is expected to soar.

Bamboo Furniture Market: Restraints

Higher prices as compared to some alternatives to restrict market growth

Although the global bamboo furniture industry drives on the fact that bamboo furniture is relatively lower priced as compared to some forms of furniture made out of natural resources, the cost of these items is higher than some other alternatives such as furniture made out of metal or plastic. This can greatly limit the market size as consumers may prefer other forms of furniture since plastic-made products are available in several forms and designs, giving the consumers a higher choice of options. Furthermore, the competition from other associated industries has increased in recent times.

Bamboo Furniture Market: Opportunities

Growing strategic partnerships to provide growth opportunities

The global bamboo furniture market is expected to encounter more growth opportunities owing to the increasing strategic partnerships by bamboo furniture manufacturers with other industries such as players operating in the food, textiles, and construction sector. With increasing collaboration, the industry players can improve their revenue streams. Along with this, the increasing efforts undertaken by government and environmental agencies to promote sustainable consumption patterns in consumers, with higher public awareness, the demand for bamboo products may register a better growth rate.

Bamboo Furniture Market: Challenges

Controlling quality to pose a major challenge for industry players

One of the key challenges faced by the global bamboo furniture market players is in terms of managing and controlling the quality of the furniture that is sold in the commercial market. This furniture is mainly carved by men and the output quality depends on the skill and expertise of the person manufacturing the furniture. The entire sourcing process has to be carefully curated to ensure that good-quality bamboo is used during the production process since poor-grade bamboo may break easily.

Bamboo Furniture Market: Segmentation

The global bamboo furniture market is segmented based on end-user, types, distribution channel, and region.

Based on end-user, the global market segments are commercial and residential. In 2022, the residential segment was the largest consumer or end-user of bamboo-based furniture. The growth is mainly due to the cost-efficiency and affordability of bamboo furniture for residential settings. Furthermore, during the pandemic, many homeowners witnessed a change in preference as they inclined more toward items produced using natural goods and bamboo furniture is one of the most sustainable forms of consumer goods. In 2018, the United Nations Food and Agriculture Organization (FAO) estimated global bamboo production to be around 37 million tons.

Based on types, the bamboo furniture industry segments are beds, chairs, stools, and others.

Based on distribution channel, the global market divisions are offline and online. The former was the largest and most preferred choice of distribution since most of the bamboo furniture is purchased offline. Consumers prefer to touch and feel the product before buying it, especially in the home decor segment. Every consumer may have different requirements in terms of the size, design, and dimension of the furniture. Hence they generally tend to visit the selling or producing shops before final purchase. However, the online segment is growing at a rapid rate as many online companies are emerging while providing consumers with a seamless buying experience. A recent Statista report concluded that more than 44% of surveyed people preferred purchasing home decor items offline while 36% comprised an equal mix.

Recent Developments:

  • In August 2020, MISSANA, a Spanish handmade furniture maker, announced the launch of its new collection consisting of bamboo furniture for indoor and outdoor settings. The new collection comprises a sofa and armchair that can be used inside or outside the house. The shapes of the furniture items are inspired by the shape of the plant itself
  • In April 2023, a team at the Indian Institute of Technology (IIT)- Guwahati, India announced their new innovation in the form of a new range of hospital furniture made out of bamboo. The team has stated that the mass production of the furniture will lower the operational cost and increase the production rate

Bamboo Furniture Market: Report Scope

Report Attributes Report Details
Report Name Bamboo Furniture Market Research Report
Market Size in 2022 USD 12.11 Billion
Market Forecast in 2030 USD 20.261 Billion
Growth Rate CAGR of 6.651%
Number of Pages 220
Key Companies Covered Tengwu Bamboo and Wood Products Factory, Anji Mountain Bamboo Chairmat & Rug Co., Bamboosero Inc., Bamboo Revolution, Dasso Industrial Group Co., Ltd., Greenington Fine Bamboo Furniture, Bamboo Village Company Limited, Bambuhome, Wuhan Kexin Commercial Equipment Manufacture Co., Ltd., Eco Bamboo Africa, Bamboo Valley Company, Ha Thai Bamboo Furniture, Kalinga Bamboo International Foundation, Bamax, Xiamen Ebei Import & Export Co., Ltd., MOSO International BV, Linhai Jinhai Bamboo Products Co., Ltd., Tre Lang Living Bamboo Co., Ltd, Viet Products Corp., Bamboo Habitat, Smith & Fong Co., Bambootique Design Studio, Eco Bamboo Home, Bamboo Living, and Foshan Johnson & Wales Furniture Co., Ltd.
Segments Covered By End-User, By Types, By Distribution Channel, And By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)
Base Year 2022
Historical Year 2016 to 2020
Forecast Year 2023 - 2030
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

Bamboo Furniture Market: Regional Analysis

Asia-Pacific to witness the highest growth

The global bamboo furniture market is expected to witness the highest growth in Asia-Pacific since the largest exporters of bamboo are China, Indonesia, and India amongst other Asian countries. There are several factors that lead to a high production rate of bamboo, the source material of furniture made out of it. For instance, these regions have a humid and warm climate which is ideal for Bamboo which generally requires a tropical or subtropical climate.

Furthermore, the vast areas in these regions amplify bamboo growth. The abundance of land and human resources required for the high production of bamboo is equally important to regional growth. Since bamboo is easily accessible, the residents in the Asia Pacific region have already utilized its benefits by making indoor and outdoor furniture using woody grass. This means that the regional market is more mature in Asia-Pacific as compared to other regional segments.

Bamboo Furniture Market: Competitive Analysis

The global bamboo furniture market is led by players like:

  • Tengwu Bamboo and Wood Products Factory
  • Anji Mountain Bamboo Chairmat & Rug Co.
  • Bamboosero Inc.
  • Bamboo Revolution
  • Dasso Industrial Group Co. Ltd.
  • Greenington Fine Bamboo Furniture
  • Bamboo Village Company Limited
  • Bambuhome
  • Wuhan Kexin Commercial Equipment Manufacture Co. Ltd.
  • Eco Bamboo Africa
  • Bamboo Valley Company
  • Ha Thai Bamboo Furniture
  • Kalinga Bamboo International Foundation
  • Bamax
  • Xiamen Ebei Import & Export Co. Ltd.
  • MOSO International BV
  • Linhai Jinhai Bamboo Products Co. Ltd.
  • Tre Lang Living Bamboo Co. Ltd
  • Viet Products Corp.
  • Bamboo Habitat
  • Smith & Fong Co.
  • Bambootique Design Studio
  • Eco Bamboo Home
  • Bamboo Living
  • Foshan Johnson & Wales Furniture Co. Ltd.

The global bamboo furniture market is segmented as follows:

By End-User

  • Commercial
  • Residential

By Types

  • Beds
  • Chairs
  • Stools
  • Others

By Distribution Channel

  • Offline
  • Online

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France 
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

Methodology

FrequentlyAsked Questions

The industry refers to the production and distribution of furniture products made out of bamboo which is a type of woody grass.

The global bamboo furniture market is expected to witness high growth due to the increasing application of the products in commercial settings.

According to study, the global bamboo furniture market size was worth around USD 12.11 billion in 2022 and is predicted to grow to around USD 20.261 billion by 2030.

The CAGR value of the bamboo furniture market is expected to be around 6.651% during 2023-2030.

The global bamboo furniture market is expected to witness the highest growth in Asia-Pacific since the largest exporters of bamboo are China, Indonesia, and India amongst other Asian countries.

The global bamboo furniture market is led by players like Tengwu Bamboo and Wood Products Factory, Anji Mountain Bamboo Chairmat & Rug Co., Bamboosero Inc., Bamboo Revolution, Dasso Industrial Group Co., Ltd., Greenington Fine Bamboo Furniture, Bamboo Village Company Limited, Bambuhome, Wuhan Kexin Commercial Equipment Manufacture Co., Ltd., Eco Bamboo Africa, Bamboo Valley Company, Ha Thai Bamboo Furniture, Kalinga Bamboo International Foundation, Bamax, Xiamen Ebei Import & Export Co., Ltd., MOSO International BV, Linhai Jinhai Bamboo Products Co., Ltd., Tre Lang Living Bamboo Co., Ltd, Viet Products Corp., Bamboo Habitat, Smith & Fong Co., Bambootique Design Studio, Eco Bamboo Home, Bamboo Living, and Foshan Johnson & Wales Furniture Co., Ltd.

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