DUBLIN, April 14, 2014 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/dcswvj/global_furniture) has announced the addition of the "Global Furniture Market Report" report to their offering.
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The analysts forecast the Global Furniture market to grow at a CAGR of 3.53 percent over the period 2012-2016. One of the key factors contributing to this market growth is the boom in Real Estate industry. The Global Furniture market has also been witnessing the production of eco-friendly furniture. However, the shortage of timber supply could pose a challenge to the growth of this market.
The report, the Global Furniture Market Report, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market in the Americas, Europe, and the APAC and MEA regions; it also covers the Global Furniture market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Eco-friendly furniture has always been available, but now it seems to be becoming a mainstream. Environmental concerns, such as awareness of how deforestation impacts climate change and the effects of toxic finishes on the air inside homes, have led the furniture manufacturers to go green. Vendors manufacture a wide range of highly esthetic quality furniture using only Moso bamboo, which is stronger and harder than oak.
Companies such as Greenington are involved in the manufacture of eco-friendly furniture. There are certain agencies that certify and help the Furniture industry manage the issues surrounding environmental sustainability. Some examples are the Sustainable Furnishing Council and the Forest Stewardship Council. The trend of manufacturing eco-friendly furniture is expected to drive the growth of the Global Furniture market during the forecast period.
According to the report, one of the main drivers in this market is the boom in the Real Estate industry. The global Real Estate industry has witnessed unprecedented growth. With the growing economy, people are investing more in real estate for home and office space. This development in real estate is fuelling the demand for furniture globally.
Further, the report states that one of the main challenges in this market is the shortage of timber. The main reason for this is deforestation due to high consumption. With the growing population, there is a demand for wood products, which results in deforestation. As a result, there has been a drastic decline in the sales of timber furniture.
Key Topics Covered:
1. Executive Summary
2. Scope of the Report
3. Market Research Methodology
4. List of Abbreviations
6. Market Landscape
7. Market Segmentation by Product
8. Geographical Segmentation
9. Key Leading Countries
10. Buying Criteria
11. Market Growth Drivers
12. Drivers and their Impact
13. Market Challenges
14. Impact of Drivers and Challenges
15. Market Trends
16. Trends and their Impact
17. Vendor Landscape
18. Key Vendor Analysis
19. Other Reports in this Series
- Ashley Furniture Industries Ltd.
- HNI Corp.
- Haworth Inc.
- Herman Miller Inc.
- IKEA International Group
- KOKUYO Furniture Co. Ltd.
- Kimball International
- Knoll Inc.
- Masco Corp.
- Sears Holdings Corp.
- Steelcase Inc.
For more information visit http://www.researchandmarkets.com/research/dcswvj/global_furniture
Media Contact: Laura Wood , +353-1-481-1716, [email protected]
SOURCE Research and Markets