Projeted Growth
Moderate

Growth Potential Meter

Asia Pacific Solid Timber Furniture Market by Product Type (Tables, Chairs) by Application (Home, Office, Commercial) by Industry Analysis, Volume, Share, Growth, Challenges, Trends and Forecast 2019-2027

Number of pages: 134 | Report Code: PSMR- PSMR-007135 | Report Format : PDF

Report Coverage

Parameters Details

Base Year

2021

Historical Data

2016-2021

Forecast Data

2022-2028

Base Year Value (2021)

USD 133.07 million

Forecast Value (2028)

USD 210.9011393 million

CAGR (2022 to 2028)

6.8 %

Regional Scope

North America, Europe, Asian Pacific, Latin America, Middle East and Africa, and ROW

Asia Pacific Solid Timber Furniture Market is estimated to reach USD 197.48 billion by 2027, growing at a CAGR of 6.8 % between 2019 and 2027  


Solid timber is 100% pure wood. Quality furniture will usually utilize solids such as Oak, Ash or beech wood. It is highly used in case items as dining materials, tables and chairs. Pine wood is sometimes used; however, it is generally a low cost wood due to its lower durability. If scratched or chipped, it can be repaired easily by sanding and restraining. Cost to possess is reduced over the long run because of magnified sturdiness that reduces have to be compelled to replace. every bit is original with its distinctive natural grain patterns that are mature, not factory-made. Solid timber was also traditionally used for general construction in Asia where it was the only form of timber available, but this is being displaced by growing softwood log and lumber imports. On international markets solid is now used primarily for appearance grade applications such as furniture, flooring, and where a harder or more durable wood is needed (e.g. window and door frames) and heavy duty plywood (e.g. concrete formwork and flooring for shipping containers). Solids are also the main source of Kraft pulp used in papermaking. . 


As the standard of living continues to improve in Asia Pacific region, people are becoming increasingly willing to invest in home decoration. Consumers’ increasing purchasing power has driven the furniture market to develop in leaps and bounds. Asia Pacific leading policy of stimulating domestic demand in the years to come, urbanization is bound to drive furniture market growth. In this urbanization process, wage and salary earners, as well as peasant families who have settled in towns and cities, have become major furniture consumer groups. Timber demand is highly correlated with new housing starts and GDP on both an absolute and per capita basis, and as Asia is likely to continue to lead the world in both housing starts and GDP growth over the coming decades, the region will see the largest rise in wood consumption of any region.  


On the application side of Asia Pacific Solid Timber Furniture Market is used as: At present, a wide range of products are available on Asia Pacific Solid Timber Furniture Market and can be mainly classified into home, hotel and commercials, office, and public institution furniture. Home furniture: Furniture used in the homes of urban residents, including sofas, TV cabinets, tables and chairs, kitchen furniture and bedroom furniture. Commercial furniture: Dining tables and chairs, sofas as well as guestroom furniture for hotels and guesthouses. Office furniture: Desks, chairs, bookshelves and cabinets for use in the office. Public institution furniture: Furniture for use in public-sector facilities, such as medical, sports, cultural and educational institutions.  


On the basis of geographical analysis Asia Pacific solid timber market consists of several regions including: India, China, Japan, Australia, South-East Asia, South Korea and Taiwan. Over the past decade, China's fast-expanding economy, unprecedented urbanization rate and consequent boom in housing starts and domestic consumption of timber products has turned the country into the world's largest importer of solid logs and sawn timber. However, many other rapidly growing economies in the region have contributed to the timber demand growth of over 20% CAGR since 1980.Themost prominent of these today are India, which is the world’s main market for teak, Malaysia and Vietnam, which have substantial export-oriented solid furniture manufacturing industries, and Indonesia, which has burgeoning domestic consumption as well as its own export-oriented furniture industry.  


 Asia Pacific Solid Timber Furniture Market
 


Asia Pacific Solid Timber Furniture Market: Product Type

  • Tables
  • Chairs

Asia Pacific Solid Timber Furniture Market: Application

  • Home
  • Office
  • Commercial

Asia Pacific Solid Timber Furniture Market: Competitive Analysis

Report includes accurate analysis of key players with Market Value, Company profile, SWOT analysis. The Study constitutes of following key players in Asia Pacific Solid Timber Furniture Market :

  • Bernhardt Furniture Company
  • Hartmann
  • Simex
  • Evrika
  • LUGI
  • Dizozols
  • VOGLAUER
  • Novart
  • team 7
  • Vinderup Traindustri
  • Ultimo Interiors
  • wiemann UK
  • spin valis d.d

Geographical analysis of Asia Pacific Solid Timber Furniture Market :

Geographical analysis of Asia Pacific Silicone Oven Mitt Market :

  • China
  • Japan
  • South korea
  • Taiwan
  • India
  • South east Asia
  • Australia

Asia Pacific Solid Timber Furniture Market Report delivers comprehensive analysis of :

  • Market Forecast for 2019-27
  • Market growth drivers
  • Challenges and Opportunities
  • Emerging and Current market trends
  • Market player Capacity, Production, Revenue (Value)
  • Supply (Production), Consumption, Export, Import analysis
  • End user/application Analysis


Frequently Asked Questions (FAQ)


Asia Pacific Solid Timber Furniture Market was valued at around USD 133.07 million in 2021 & estimated to reach USD 210.9011393 by 2028.




Asia Pacific Solid Timber Furniture Market is likely to grow at compounded annual growth rate (CAGR) of 6.8% between 2022 to 2028.












Yes, the report includes COVID 19 impact on the market.



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