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Plastic Furniture Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Report Format: PDF+Excel | Report ID: SR112023A4705
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Market Overview:
The global plastic furniture market size reached US$ 14.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 18.6 Billion by 2028, exhibiting a growth rate (CAGR) of 4.48% during 2023-2028.
Plastic furniture is manufactured using thermoplastics polymers, such as polyethylene (PE), polypropylene (PP), polystyrene (PS), polyvinyl chloride (PVC), and acrylonitrile butadiene styrene (ABS). It is robust, durable, lightweight, eco-friendly, and resistant to corrosion and temperature and has remarkable dimensional stability and mechanical properties. It is widely used in residential and commercial establishments for seating and storage purposes and enhancing the aesthetic appeal of interior spaces. Nowadays, due to rising environmental concerns, several manufacturers are developing sustainable and innovative products, such as chairs, tables, desks, wardrobes, and cabinets, which are made using recycled plastic.
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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Plastic Furniture Market Trends:
The growing trend of compact and integrated modular homes on account of the increasing number of nuclear families represents one of the key factors positively influencing the demand for ergonomic plastic furniture across the globe. It can also be attributed to rising investments by governing agencies of numerous countries in real estate projects. Moreover, the growing consumer inclination towards high-end, luxury furniture is catalyzing the demand for premium plastic furniture, such as dining sets, rockers, swings, lounges, gliders, benches, and Adirondacks. Apart from this, as plastic furniture is waterproof, corrosion-free, and requires less maintenance, it is finding extensive application in corporate offices to create a comfortable working space and improve the overall productivity of employees. Furthermore, several manufacturers are introducing modern, innovative plastic furniture items with improved functionality and comfort. They are also offering multi-functional furniture in affordable and contemporary designs through e-commerce sites. This, in confluence with the thriving e-commerce industry and the increasing popularity of outdoor dining, is driving the adoption of plastic furniture in hotels and restaurants around the world.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global plastic furniture market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, distribution channel and end user.
Breakup by Type:
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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- Kitchen Furniture
- Living and Dining Room Furniture
- Bathroom Furniture
- Outdoor Furniture
- Others
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Specialty Stores
- Online Stores
- Others
Breakup by End User:
- Residential
- Commercial
Breakup by Region:
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- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Ashley Furniture Industries Inc., Avro India Limited, Harwal Group, Inter IKEA Systems B.V., Keter Group, Kristalia Srl, Nilkamal Limited, ScanCom International A/S, Supreme Industries Limited, Tramontina, UMA Plastics Limited and Vitra International AG.
Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2022 |
| Historical Period | 2017-2022 |
| Forecast Period | 2023-2028 |
| Units | US$ Billion |
| Segment Coverage | Type, Distribution Channel, End User, Region |
| Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered | Ashley Furniture Industries Inc., Avro India Limited, Harwal Group, Inter IKEA Systems B.V., Keter Group, Kristalia Srl, Nilkamal Limited, ScanCom International A/S, Supreme Industries Limited, Tramontina, UMA Plastics Limited and Vitra International AG |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 2499 Five User License: US$ 3499 Corporate License: US$ 4499 |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
The global plastic furniture market was valued at US$ 14.2 Billion in 2022.
We expect the global plastic furniture market to exhibit a CAGR of 4.48% during 2023-2028.
The emerging trend of compact modular homes, along with the rising demand for plastic furniture, as it is waterproof, requires less maintenance, enhances aesthetic appeal of interior space, etc., is primarily driving the global plastic furniture market.
The sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of plastic furniture.
Based on the type, the global plastic furniture market can be segmented into kitchen furniture, living and dining room furniture, bathroom furniture, outdoor furniture, and others. Currently, kitchen furniture holds the majority of the global market share.
Based on the distribution channel, the global plastic furniture market has been divided into supermarkets and hypermarkets, specialty stores, online stores, and others. Among these, speciality stores currently exhibit a clear dominance in the market.
Based on the end user, the global plastic furniture market can be categorized into residential and commercial. Currently, residential accounts for the largest market share.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.
Some of the major players in the global plastic furniture market include Ashley Furniture Industries Inc., Avro India Limited, Harwal Group, Inter IKEA Systems B.V., Keter Group, Kristalia Srl, Nilkamal Limited, ScanCom International A/S, Supreme Industries Limited, Tramontina, UMA Plastics Limited, and Vitra International AG.
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