According to Cognitive Market Research, the global Furniture Recycling market size will be USD 20254.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 8.90% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 8101.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.1% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 6076.26 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.4% from 2024 to 2031.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 4658.47 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.9% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 1012.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.3% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 405.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.6% from 2024 to 2031.
The residential category is the fastest growing segment of the Furniture Recycling industry
