According to Markets and Markets, the wood adhesives market is predicted to reach $5.24 billion by 2026. The wood furniture sector accounts for the largest share of this adhesives market in recent years.
Let’s take a closer look at growth trends within this sector and the role wood adhesives play within it.
- Increased Demand
As the economy continues to improve, consumers are more willing to spend money on new furniture. Forbes cites there has been a steady 4% increase in new furniture sales among U.S. furniture manufacturers.
This has lead to a rise in wood furniture demand, for several reasons, including:
- Wood’s durability and longevity
- Consumer preference for eco-conscious materials
- Increased Functionality
Today’s consumers are looking for furniture that serves dual purposes. As the average living space has gotten smaller, they are caring more about added storage and functionality when looking for new items.
Wood furniture manufacturers are able to meet these consumer preferences. For example, some have designed furniture that can be easily stored, such as stackable, wooden stools.
- Increased Sustainability
Wood furniture has sustainable origins and is manufactured with low CO2 emissions. This appeals to consumers’ growing interest in sustainability. It can easily be recycled and repurposed as well.
As consumer demand for wood furniture grows, so does the need for wood adhesives. Adhesives play an important role in wood furniture manufacturing and are able to provide superior adhesion while enhancing product durability and sustainability.
As a result, it’s important for furniture manufacturers to use the right wood adhesive when manufacturing wood furniture. Bostik offers a line of smart, durable, sustainable wood adhesive products for many assembly applications. For more information about our specific products, call 800-7-BOSTIK.