Natural Hardwood Products Market - Introduction
Natural hardwood products are mainly made from trees such as alder, balsa, beech, hickory, mahogany, maple, oak, teak, and walnut. These are high-quality products used in decking, flooring, cladding, siding, as furniture and structural lumber, in roofs and terraces, in yacht decking, and in musical instruments such as guitars and pianos. Natural hardwood products have more stability and durability with better appearance and performance. These products are an essential part of home decor.
Natural Hardwood Products Market – Competitive Landscape
Founded in 1979, Restoration Hardware has its headquarters in Corte Madera, California, the U.S. The company has established itself in the superfluity lifestyle market, offering furniture, bathware, lighting, textiles, rugs (carpets and mats), décor, and outdoor products. The company’s popular brands include RH Modern, RH Interiors, RH Lighting, RH Outdoor, RH Rugs, and RH Baby & Child. The company manufactures several products for decor and sells them in Canada and the U.S.
Incorporated in 1970, Poliform is based in Brianza, Italy. The company specializes in designing, manufacturing, and distributing luxury modern kitchens, wardrobes, beds, sofas, tables, and other furniture products. Poliform offers contemporary style furniture to professional design suppliers who sell products to the end-users. The company has presence in 70 countries across the world.
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Baker Furniture, Co.
Baker Furniture, Co. is based in Montana, the U.S., and has experience of over 100 years. The company is engaged in manufacturing and designing modern and traditional furniture, lighting, upholstery, and accessories. In 1986, Kohler Co., acquired Baker Furniture. Baker Furniture operates in over 20 locations globally.
Baird Brothers Fine Hardwoods
Incorporated in 1960, Baird Brothers Fine Hardwoods is based in Canfield, the U.S. The company offers fine quality hardwood products such as moldings (used for hardwood flooring as a material strip, made from solid milled wood for various shapes such as base moldings, T-molds, and quarter-round moldings), lumber (wood that has been cut into various lengths for buildings), plywood, handrails, flooring and paneling, mantels (beam or support), and doors.
Armstrong World Industries, Inc.
Incorporated in 1860, Armstrong World Industries, Inc. is based in Lancaster, Pennsylvania, the U.S. The company is active in manufacturing ceilings, walls, and hardwood products for floors. Bruce, Hartco, Robbins, Premier, and Traffic Zone are core brands under which the company sells its hardwood flooring products. Armstrong World Industries has over 155 years of experience, operating in more than 20 locations across the world.
Major companies active in the global natural hardwood products market includes Mirage Hardwood Floors, Edra, Poliform, Baker, Braid Brothers Fine Hardwoods, Brabbu, Fendi Casa, Boca Do Lobo, Pure Wood, County Floors, Purewood Furniture, Restoration Hardware, and Armstrong World Industries. Prominent players in the furniture and wooden construction market are expected to take advantage of the rising demand for natural hardwood products in the coming years, as these products are known for their long-lasting allure. The players are continuously launching new designs and patterns of hardwood products with quality. As a result, the overall natural hardwood market is projected to surge.
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Natural Hardwood Products Market – Dynamics
Market Growth Due to High Density and Fire Resistance Attributes
During the forecast period, the natural hardwood products market is projected to see significant growth due to rising consumer spending on high-density furniture in terms of strength. Additionally, these products have more fire resistance as compared to softwood, and the attribute is expected to become one of the key growth drivers of the global natural hardwood products market. Moreover, availability of various colors, patterns, textures, and sizes, are anticipated to increase customer attraction in the coming years.
Natural Hardwood Products Market – Segmentation
The natural hardwood products market can be bifurcated on the basis of:
- Distribution Channel
Natural Hardwood Products Market Segmentation – By Type
Based on type, the natural hardwood products market can be divided into:
- Others (windows, stools, public benches, armchairs, etc.)
Natural Hardwood Products Market Segmentation – By Texture
On the basis of texture, the natural hardwood products market can be fragmented into:
- Cork Look
- Others (hand scraped, wire brushed, open grain, etc.)
Natural Hardwood Products Market Segmentation – By Species
According to species, the natural hardwood products market can be bifurcated into:
- African Mahogany
- Brazilian Cherry
- Red Oak
- Others (Sapele, Walnut, Ash, White Oak, etc.)
Natural Hardwood Products Market Segmentation – By Gloss
Based on gloss, the natural hardwood products market can be split into:
- Ultra matte
Natural Hardwood Products Market Segmentation – By Technologies
Based on technology, the natural hardwood products market can be classified into:
Natural Hardwood Products Market Segmentation – By End-user
End-user segment of the natural hardwood products market can be divided into:
Natural Hardwood Products Market Segmentation – By Distribution Channel
As per distribution channel, the natural hardwood products market can be segmented into:
- Large Format Stores (Hypermarkets, Supermarkets, and Departmental Stores)
- Specialty Stores
- Small Retail Stores
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