Market Overview:
The global solid timber furniture market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The growth in the market can be attributed to factors such as increasing demand for solid timber furniture from residential and commercial applications, rising disposable income of consumers, and growing awareness about the benefits of using solid timber furniture. Solid Timber Furniture Market by Type: Tables are expected to account for the largest share in terms of revenue in 2018, followed by chairs and others. This can be attributed to their widespread use across residential and commercial applications. Solid Timber Furniture Market by Application: Home is expected to account for the largest share in terms of revenue in 2018, followed by office and commercial applications. This can be attributed to increasing demand from homeowners for high-quality furniture that enhances the aesthetics of their homes. Solid Timber Furniture Market by Region: North America is estimated to hold the largest share in terms of revenue in 2018, followed by Europe and Asia Pacific .
Product Definition:
Solid Timber Furniture is furniture made from a single piece of timber. It is strong and durable, and can be stained or painted to match any decor. Solid timber furniture is important because it is sturdy and can last for many years.
Tables:
Tables are one of the most important elements in a solid timber furniture collection. They provide a stable and strong support to the other elements, without which, the whole setup would fall apart. The basic function of tables is to hold food and drinks (and sometimes other items as well) for people sitting around it. In addition, they also help in holding various kinds of items such as candles or flowers that are placed on top of them along with adding aesthetic value to the room decor.
Chairs:
Solid timber furniture is produced by using raw timber as its primary material. The most common types of solid timber used in furniture are oak, maple, pine and rosewood. Other timbers such as teak and cedar can also be used to produce quality furniture but they are more expensive than the aforementioned ones.
The basic design principles for producing good quality solid wood Furniture are strength (the more robust the better), stability (no movement at all costs).
Application Insights:
The home application segment accounted for the largest share of more than 50.0% in 2017. Solid wood furniture items are highly preferred in the at-home setting as they offer a natural look and feel, along with enhanced aesthetics. Additionally, these products are lightweight, which further enhances their appeal and functionality across various applications within the residential sector.
Solid wood furniture items have been gaining popularity as an alternative to metal or plastic chairs due to their sustainable nature; this is expected to drive product demand over the forecast period. The commercial application segment is expected witness significant growth over the forecast period on account of increasing product penetration in office settings at a global level. This can be attributed to high durability coupled with low maintenance cost associated with solid timber furniture items making them highly suitable for use in offices around the world.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing product demand in countries, such as China and India. Furthermore, rising disposable income levels coupled with the growth of commercial sectors will drive the global market over the forecast period.
North America solid timber furniture accounted for 24% share in 2017 and is projected to expand at a CAGR of XX% from 2018 to 2030 due to high product penetration in U.S., which has been one of the leading markets for solid timber furniture since past few years owing tp growing preference for eco-friendly products by consumers, along with an increase in their spending power after economic recovery from recession post 2008 crisis affecting other regions including Europe and Asia Pacific severely during last few years (chart 1).
Growth Factors:
- Increasing demand for natural and environment-friendly products: There is a growing trend of using natural and environment-friendly products across the globe. This is driving the demand for solid timber furniture, as it is made from wood that is sourced from sustainable forests.
- Rising disposable income of consumers: The rising disposable income of consumers has led to an increase in their purchasing power, which is boosting the demand for luxury furniture items, including solid timber furniture.
- Growing popularity of custom-made furniture: There is a growing trend of preferring custom-made furniture over readymade ones among consumers worldwide. This is benefiting the growth prospects of the global solid timber furniture market as custom-made pieces are generally more expensive than those available off the shelf.
- Proliferation of online retailing: The proliferation of online retailing has made it easier for consumers to purchase goods and services from anywhere in the world at competitive prices. This is benefiting the growth prospects by increasing access to global markets for solid timber furniture manufacturers and suppliers alike . 5) Increasing awareness about benefits associated with using wooden furnitures: With rising health concerns among people across globe, there has been an increase in awareness about benefits associated with using wooden furnitures such as better air quality indoors due to absence volatile organic compounds (VOCs) emitted by other materials used in furnishings such as plastics
Scope Of The Report
Report Attributes
Report Details
Report Title
Solid Timber Furniture Market Research Report
By Type
Tables, Chairs, Others
By Application
Home, Office, Commercial, Others
By Companies
Bernhardt Furniture Company, Hartmann, Simex, Evrika, LUGI, Dizozols, VOGLAUER, Novart, Team 7, Vinderup Traindustri, Ultimo Interiors, Wiemann UK, Spin Valis d.d.
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Solid Timber Furniture Market Report Segments:
The global Solid Timber Furniture market is segmented on the basis of:
Types
Tables, Chairs, Others
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
Home, Office, Commercial, Others
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:
- Bernhardt Furniture Company
- Hartmann
- Simex
- Evrika
- LUGI
- Dizozols
- VOGLAUER
- Novart
- Team 7
- Vinderup Traindustri
- Ultimo Interiors
- Wiemann UK
- Spin Valis d.d.
Highlights of The Solid Timber Furniture 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:
- Tables
- Chairs
- Others
- By Application:
- Home
- Office
- Commercial
- Others
- 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 Solid Timber Furniture 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?
Solid timber furniture is made from solid pieces of wood that are joined together to create a piece of furniture. This type of furniture is often more expensive than other types, but it is also more durable and looks nicer than other types of furniture.
Some of the major players in the solid timber furniture market are Bernhardt Furniture Company, Hartmann, Simex, Evrika, LUGI, Dizozols, VOGLAUER, Novart, Team 7, Vinderup Traindustri, Ultimo Interiors, Wiemann UK, Spin Valis d.d..
The solid timber furniture market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Solid Timber Furniture Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Solid Timber Furniture Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Solid Timber Furniture Market - Supply Chain
4.5. Global Solid Timber Furniture Market Forecast
4.5.1. Solid Timber Furniture Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Solid Timber Furniture Market Size (000 Units) and Y-o-Y Growth
4.5.3. Solid Timber Furniture Market Absolute $ Opportunity
5. Global Solid Timber Furniture Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Solid Timber Furniture Market Size and Volume Forecast by Type
5.3.1. Tables
5.3.2. Chairs
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Solid Timber Furniture Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Solid Timber Furniture Market Size and Volume Forecast by Application
6.3.1. Home
6.3.2. Office
6.3.3. Commercial
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Solid Timber Furniture Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Solid Timber Furniture Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Solid Timber Furniture Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Solid Timber Furniture Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Solid Timber Furniture Demand Share Forecast, 2019-2026
9. North America Solid Timber Furniture Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Solid Timber Furniture Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Solid Timber Furniture Market Size and Volume Forecast by Application
9.4.1. Home
9.4.2. Office
9.4.3. Commercial
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Solid Timber Furniture Market Size and Volume Forecast by Type
9.7.1. Tables
9.7.2. Chairs
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Solid Timber Furniture Demand Share Forecast, 2019-2026
10. Latin America Solid Timber Furniture Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Solid Timber Furniture Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Solid Timber Furniture Market Size and Volume Forecast by Application
10.4.1. Home
10.4.2. Office
10.4.3. Commercial
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Solid Timber Furniture Market Size and Volume Forecast by Type
10.7.1. Tables
10.7.2. Chairs
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Solid Timber Furniture Demand Share Forecast, 2019-2026
11. Europe Solid Timber Furniture Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Solid Timber Furniture Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Solid Timber Furniture Market Size and Volume Forecast by Application
11.4.1. Home
11.4.2. Office
11.4.3. Commercial
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Solid Timber Furniture Market Size and Volume Forecast by Type
11.7.1. Tables
11.7.2. Chairs
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth rojections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Solid Timber Furniture Demand Share, 2019-2026
12. Asia Pacific Solid Timber Furniture Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Solid Timber Furniture Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Solid Timber Furniture Market Size and Volume Forecast by Application
12.4.1. Home
12.4.2. Office
12.4.3. Commercial
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Solid Timber Furniture Market Size and Volume Forecast by Type
12.7.1. Tables
12.7.2. Chairs
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Solid Timber Furniture Demand Share, 2019-2026
13. Middle East & Africa Solid Timber Furniture Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Solid Timber Furniture Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Solid Timber Furniture Market Size and Volume Forecast by Application
13.4.1. Home
13.4.2. Office
13.4.3. Commercial
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Solid Timber Furniture Market Size and Volume Forecast by Type
13.7.1. Tables
13.7.2. Chairs
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Solid Timber Furniture Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Solid Timber Furniture Market: Market Share Analysis
14.2. Solid Timber Furniture Distributors and Customers
14.3. Solid Timber Furniture Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Bernhardt Furniture Company
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Hartmann
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Simex
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Evrika
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. LUGI
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Dizozols
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. VOGLAUER
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Novart
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Team 7
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Vinderup Traindustri
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Ultimo Interiors
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Wiemann UK
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Spin Valis d.d.
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
