A three ton bed made of one of the world's most rare and precious wood was auctioned recently. Agalwood is also known as "a fossil wood" which gives off a pleasing fragrance as it grows older. Experts say the wood that made this bed came from a tree that was probably 1000 years old and grew in Indonesia.
The bed is gracefully carved with dragons and waves and is called a national treasure. Without any trace of fractures in its body, the bed is believed to be made out of a single Agalwood block. The bed's estimated value is over $66,000
Ancient Luxury Bed
$66,000 Fossil Wood Frame
Trend Themes
1. Luxury Furniture - The trend of luxury furniture made from rare materials like Agalwood provides opportunities for high-end interior design and furniture manufacturing.
2. Sustainable Materials - Trending use of sustainable materials is promoting innovative ideas in interior design and furniture crafting regarding durable materials and unique designs.
3. Asian-inspired Decor - The trend of Asian-inspired decor, which includes ornate carvings and intricate designs, is gaining popularity, presenting opportunities for import/export business and Asian-inspired decor stores.
Industry Implications
1. Furniture Manufacturing - Luxury furniture manufacturing is an industry that can leverage the use of rare and sustainable materials like Agalwood for high-end design and manufacturing purposes.
2. Interior Design - Interior design is an industry that can incorporate the utilization of unique, rare, and sustainable materials for comprehensive and customized decor solutions for high-end clients.
3. Import/export - The import/export industry can benefit from the potential rise in demand for Asian-inspired decor and other rare materials like Agalwood, promoting trade opportunities and globalization strategies.