Market Overview:
The global natural hardwood products market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for natural hardwood products from individual and commercial applications. In terms of type, matte finish is expected to lead the global natural hardwood products market during the forecast period, followed by semi-gloss and ultra matte finishes. Matte finish offers a low sheen level that makes it ideal for use in residential applications where a subtle appearance is desired. In terms of application, commercial applications are expected to account for the majority share of the global natural hardwood products market during the forecast period.
Product Definition:
Natural hardwood products are those that come from trees that have been grown in a natural environment. These products include lumber, flooring, and other building materials. Natural hardwood is important because it is durable and beautiful. It can be used for a variety of applications, both inside and outside the home.
Matte:
The global mattes market size was estimated at USD 1.10 billion in 2016 and is expected to witness significant growth over the forecast period owing to its rising demand from the furniture industry. Increasing preference for wood-based panels in furniture manufacturing on account of their low maintenance properties, high durability, and aesthetic appeal are likely to propel product demand over the next seven years.
Semi-gloss:
Semi-gloss is a type of wood finish that has lower VOCs than the standard gloss finish. Semi-glossy finishes are applied to both interior and exterior surfaces of the natural hardwood products such as plywood, oriented strand board (OSB), particle boards, and solid wood. The semi-glossy finish gives a high sheen to the wooden surface which makes it look like real wood without any damage caused due to UV rays or moisture.
Application Insights:
The individual application segment held the largest share of over 70.0% in 2017. The demand for GNHPs in this application is expected to witness significant growth on account of their ability to replace traditional wood materials in numerous end-use industries, such as construction, furniture and interior design among others.
GNHPs are increasingly being utilized as a substitute for traditional hardwood flooring materials owing to their superior characteristics including durability, cost-effectiveness and eco-friendly manufacturing process among others. These products can be easily sourced from natural forests making them an environmentally friendly alternative while offering similar performance benefits compared with conventional flooring options like vinyl or linoleum floors.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a growth rate of 4.8% over the forecast period, owing to increasing consumer preference for natural wood products in residential as well as commercial applications. Increasing awareness regarding energy efficiency and low VOC emissions has resulted in an increased demand from end-use industries such as institutional buildings, hotels, restaurants and offices among others.
Asia Pacific is anticipated to be one of the fastest growing regional markets during the forecast years on account of rapid urbanization coupled with rising disposable income levels among consumers especially in China and India which are major raw material suppliers for this industry.
Growth Factors:
- Increasing demand from the construction industry for natural hardwood products in both residential and commercial applications.
- Growing popularity of hardwood flooring and other natural wood products among consumers due to their unique beauty, durability, and environmental benefits.
- Rising prices of traditional building materials such as steel, concrete, and plastic that has increased the attractiveness of natural hardwoods as an affordable alternative.
- Technological advancements in harvesting and manufacturing processes that have made natural hardwoods more accessible and affordable than ever before.
- Increased awareness among consumers about the health benefits of using sustainable building materials such as natural hardwoods
Scope Of The Report
Report Attributes
Report Details
Report Title
Natural Hardwood Products Market Research Report
By Type
Matte, Semi-gloss, Ultra Matte
By Application
Individual, Commercial
By Companies
Restoration Hardware, Baker Furniture, Co., Baird Brothers Fine Hardwoods, Mirage Hardwood Floors, Edra, Poliform, Braid Brothers Fine Hardwoods, Brabbu, Fendi Casa, Boca Do Lobo, County Floors, Purewood Furniture, Armstrong World Industries
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
220
Number of Tables & Figures
154
Customization Available
Yes, the report can be customized as per your need.
Global Natural Hardwood Products Market Report Segments:
The global Natural Hardwood Products market is segmented on the basis of:
Types
Matte, Semi-gloss, Ultra Matte
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Individual, Commercial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Restoration Hardware
- Baker Furniture, Co.
- Baird Brothers Fine Hardwoods
- Mirage Hardwood Floors
- Edra
- Poliform
- Braid Brothers Fine Hardwoods
- Brabbu
- Fendi Casa
- Boca Do Lobo
- County Floors
- Purewood Furniture
- Armstrong World Industries
Highlights of The Natural Hardwood Products Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Matte
- Semi-gloss
- Ultra Matte
- By Application:
- Individual
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Natural Hardwood Products Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Natural hardwood products are those that are made from wood that is grown in its natural state. This means the wood has not been treated with chemicals or other treatments.
Some of the major companies in the natural hardwood products market are Restoration Hardware, Baker Furniture, Co., Baird Brothers Fine Hardwoods, Mirage Hardwood Floors, Edra, Poliform, Braid Brothers Fine Hardwoods, Brabbu, Fendi Casa, Boca Do Lobo, County Floors, Purewood Furniture, Armstrong World Industries.
The natural hardwood products market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Natural Hardwood Products Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Natural Hardwood Products Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Natural Hardwood Products Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Natural Hardwood Products Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Natural Hardwood Products Market Size & Forecast, 2018-2028
4.5.1 Natural Hardwood Products Market Size and Y-o-Y Growth
4.5.2 Natural Hardwood Products Market Absolute $ Opportunity
Chapter 5 Global Natural Hardwood Products Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Natural Hardwood Products Market Size Forecast by Type
5.2.1 Matte
5.2.2 Semi-gloss
5.2.3 Ultra Matte
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Natural Hardwood Products Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Natural Hardwood Products Market Size Forecast by Applications
6.2.1 Individual
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Natural Hardwood Products Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Natural Hardwood Products Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Natural Hardwood Products Analysis and Forecast
9.1 Introduction
9.2 North America Natural Hardwood Products Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Natural Hardwood Products Market Size Forecast by Type
9.6.1 Matte
9.6.2 Semi-gloss
9.6.3 Ultra Matte
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Natural Hardwood Products Market Size Forecast by Applications
9.10.1 Individual
9.10.2 Commercial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Natural Hardwood Products Analysis and Forecast
10.1 Introduction
10.2 Europe Natural Hardwood Products Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Natural Hardwood Products Market Size Forecast by Type
10.6.1 Matte
10.6.2 Semi-gloss
10.6.3 Ultra Matte
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Natural Hardwood Products Market Size Forecast by Applications
10.10.1 Individual
10.10.2 Commercial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Natural Hardwood Products Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Natural Hardwood Products Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Natural Hardwood Products Market Size Forecast by Type
11.6.1 Matte
11.6.2 Semi-gloss
11.6.3 Ultra Matte
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Natural Hardwood Products Market Size Forecast by Applications
11.10.1 Individual
11.10.2 Commercial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Natural Hardwood Products Analysis and Forecast
12.1 Introduction
12.2 Latin America Natural Hardwood Products Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Natural Hardwood Products Market Size Forecast by Type
12.6.1 Matte
12.6.2 Semi-gloss
12.6.3 Ultra Matte
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Natural Hardwood Products Market Size Forecast by Applications
12.10.1 Individual
12.10.2 Commercial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Natural Hardwood Products Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Natural Hardwood Products Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Natural Hardwood Products Market Size Forecast by Type
13.6.1 Matte
13.6.2 Semi-gloss
13.6.3 Ultra Matte
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Natural Hardwood Products Market Size Forecast by Applications
13.10.1 Individual
13.10.2 Commercial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Natural Hardwood Products Market: Competitive Dashboard
14.2 Global Natural Hardwood Products Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Restoration Hardware
14.3.2 Baker Furniture, Co.
14.3.3 Baird Brothers Fine Hardwoods
14.3.4 Mirage Hardwood Floors
14.3.5 Edra
14.3.6 Poliform
14.3.7 Braid Brothers Fine Hardwoods
14.3.8 Brabbu
14.3.9 Fendi Casa
14.3.10 Boca Do Lobo
14.3.11 County Floors
14.3.12 Purewood Furniture
14.3.13 Armstrong World Industries
