Market Size of UK Sustainable Home Furniture Industry
Study Period | 2020-2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 5.25 Billion |
Market Size (2029) | USD 7.35 Billion |
CAGR (2024 - 2029) | > 5.00 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
UK Sustainable Home Furniture Market Analysis
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.
UK Sustainable Home Furniture Industry Segmentation
Sustainable furniture is an emerging concept and largely includes furniture made from eco-friendly or recycled materials that are sustainably sourced. Some of the prevalent raw materials used for green furniture include recycled textiles, oak, birch, hemp, wood, and bamboo.
The UK sustainable home furniture market is segmented by type, material, and distribution channel. The market by type is further segmented into living room furniture, dining room furniture, kitchen furniture, bedroom furniture, and other furniture. The market by material is further segmented into wood, bamboo, PET, and other materials. The market by distribution channel is further segmented into online and offline.
The report offers market size and forecasts for the UK sustainable home furniture market in value (USD) for all the above segments.
By Type | |
Living Room Furniture | |
Dining Room Furniture | |
Kitchen Furniture | |
Bedroom Furniture | |
Other Furniture |
By Material | |
Wood | |
Bamboo | |
PET | |
Other Materials |
By Distribution Channel | |
Online | |
Offline |
UK Sustainable Home Furniture Market Size Summary
The UK sustainable home furniture market is experiencing significant growth, driven by increasing consumer awareness of health and environmental issues. This sector focuses on using materials that are renewable or recycled, minimizing the use of harmful chemicals, and improving indoor air quality. The market is a substantial contributor to the UK economy, employing thousands and offering consumers the opportunity to personalize their living spaces with eco-friendly options. Traditionally dominated by offline sales, the industry has embraced online shopping due to advancements in logistics, making sustainable furniture more accessible to a broader audience.
The demand for sustainable furniture is further fueled by the trend towards multipurpose and space-saving designs, as housing sizes continue to shrink. This has led to innovations in furniture that offer additional storage and versatility, catering to the needs of modern consumers. The market is characterized by a mix of established players and emerging companies, with major brands like Pottery Barn and Crate & Barrel leading the way in sustainability-focused product lines. Recent developments, such as acquisitions and new product launches, indicate a dynamic market landscape, with both large and mid-size companies expanding their presence through technological advancements and strategic partnerships.
UK Sustainable Home Furniture Market Size - Table of Contents
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1. MARKET INSIGHTS AND DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Uarbanization leading the market
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1.2.2 Outdoor furniture boosting the market
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1.3 Market Restraints
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1.3.1 High cost of Product
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1.4 Market Opportunities
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1.4.1 Growing demand of bedroom furniture
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1.5 Value Chain / Supply Chain Analysis
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1.6 Porter's Five Forces Analysis
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1.6.1 Bargaining Power of Suppliers
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1.6.2 Bargaining Power of Buyers
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1.6.3 Threat of New Entrants
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1.6.4 Threat of Substitute Products
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1.6.5 Intensity of Competitive Rivalry
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1.7 Insights on Current Trends and Technological Innovations in the Market
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1.8 Insights on Recent Developments in the Market
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1.9 Consumer Buying Behavior and Preferences
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1.10 Impact of COVID-19 on the Market
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2. MARKET SEGMENTATION
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2.1 By Type
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2.1.1 Living Room Furniture
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2.1.2 Dining Room Furniture
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2.1.3 Kitchen Furniture
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2.1.4 Bedroom Furniture
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2.1.5 Other Furniture
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2.2 By Material
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2.2.1 Wood
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2.2.2 Bamboo
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2.2.3 PET
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2.2.4 Other Materials
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2.3 By Distribution Channel
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2.3.1 Online
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2.3.2 Offline
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UK Sustainable Home Furniture Market Size FAQs
How big is the UK Sustainable Home Furniture Market?
The UK Sustainable Home Furniture Market size is expected to reach USD 5.25 billion in 2024 and grow at a CAGR of greater than 5% to reach USD 7.35 billion by 2029.
What is the current UK Sustainable Home Furniture Market size?
In 2024, the UK Sustainable Home Furniture Market size is expected to reach USD 5.25 billion.