PUBLISHER: Mordor Intelligence | PRODUCT CODE: 1521355
PUBLISHER: Mordor Intelligence | PRODUCT CODE: 1521355
The UK Sustainable Home Furniture Market size is estimated at USD 5.25 billion in 2024, and is expected to reach USD 7.35 billion by 2029, growing at a CAGR of greater than 5% during the forecast period (2024-2029).
Nowadays, people are becoming more aware of health and the environment, thus it's boosting the market. Sustainable furniture commonly uses materials from renewable sources or recycled materials with minimal chemicals that can pollute the environment and harm the population. Furniture that is made sustainably has an impact on the environment, but it also has an impact on a home, specifically on indoor air quality. The materials and chemicals used to make furniture, such as adhesives, paints, wood preservatives, etc., contain VOCs.
With their options of furniture and decor to adorn their houses, the UK sustainable home furnishings business allows consumers to genuinely make their homes their own. It's a multibillion-dollar sector that employs tens of thousands of people all around the UK. For many years, the industry operated solely through offline channels. However, thanks to substantial developments in logistics, it is now possible to buy furniture online.
Sustainability has become a major concern in a variety of businesses, including the furniture industry. Business and consumer interest in green products, as well as a greater focus on sustainability, have affected furniture producers. Sustainable furniture refers to furniture made from materials with minimal environmental impact. In the wake of the COVID-19 pandemic, people's awareness of health and environmental issues increased, boosting the market for sustainable furniture. In general, sustainable furniture is made from materials that are renewable or recycled with minimal chemicals harmful to the environment and human health. Furniture created from recycled materials or more sustainable woods like acacia, bamboo, or salvaged wood can have a lower environmental impact. Some well-known furniture firms have sustainability-oriented product lines. Pottery Barn, for example, sells recycled wood furniture built from salvaged materials, and Crate & Barrel sells furniture with Forest Stewardship Council-certified frames.
The sustainable bedroom segment's development prospects are projected to be bolstered by increased demand for multipurpose furniture. Housing sizes have shrunk significantly. Customers are increasingly looking for furniture that is compact and easily movable in order to make the most of the available space as rooms become smaller. Vendor businesses have produced versatile furniture with storage facilities to meet such needs. Tables and beds, for example, come with additional storage places in most current furniture designs.
The report covers major players operating in the UK sustainable home furniture market. In terms of market share, few of the major players currently dominate the market. However, with technological advancements and product innovations, mid-size to smaller companies are increasing their market presence by securing new contracts and tapping into new markets. Some major players are Tomas & Jani, Sebastian Cox, Revive Innovations, Jott Studio, and Fuzl.