Plastic Furniture Market 2023 Overview, Key Players, Segmentation Analysis, Development Status and Forecast by 2029
Plastic Furniture Market 2023 Overview, Key Players, Segmentation Analysis, Development Status and Forecast by 2029
Plastic Furniture is made of polyethylene and polypropylene. It is waterproof, lightweight, durable at a wide range of outdoor temperatures, and resistant to damage from ultraviolet light in sunshine.

Plastic Furniture Market Report Overview

The report looks at current and future circumstances in the Plastic Furniture Market, providing unique insights and up-to-date data for important segments. The study covers important research issues in the Plastic Furniture industry, such as revenue generation, sales, and total income. To provide a comprehensive view, the study examines two distinct scenarios that include the whole Plastic Furniture market, including expected Plastic Furniture sales during the forecast period.

Anticipated Growth in Revenue:

Plastic Furniture Market size is expected to grow at a CAGR of 7% during the forecast period. Global Plastic Furniture Market is expected to reach US$ 25.18 bn by 2029.

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Plastic Furniture Market Dynamics:

As the number of nuclear families has increased, so has the demand for portable and easy-to-move furniture in compact modular homes. This furniture is easy to mould, create, and shape to fit any application, and it is available in a wide range of sizes. The rising real estate and hospitality industries have created a demand for versatile, lightweight, flexible, and multi-functional furniture that is easily portable. These factors are boosting the plastic furniture industry.
Development of high-performance plastic polymers suitable for producing long-lasting plastic furniture. The advent of new materials and designs is increasing demand for plastic furniture.

Plastic Furniture Market Report Scope and Research Methodology:

The primary purpose of the Plastic Furniture market study is to provide a thorough analysis in clear and simple terms. The analysis covers all of the major companies and essential features of the Plastic Furniture market, assessing numerous metrics such as volume, share, growth, and strategy. This research not only helps established organisations refine their operating plans, but it also provides strategic recommendations to new entrants. MMR’s research delves deeply into the Plastic Furniture market, identifying the leading worldwide businesses based on parameters such as volume, share, strategies, and growth. The research also includes tactics for both existing industry participants and potential Plastic Furniture market entrants. Furthermore, the global research for the Plastic Furniture market provides a detailed breakdown of regional share distribution, as well as an examination of development drivers in each area.

Plastic Furniture Market Segmentation:

by Type
Kitchen
Living and Dining
Bathroom
Outdoor

by Distribution Channel
Online
Offline

by Application
Residential
Commercial

By application, the Residential segment dominated the market in 2022, accounting for 57%. The segment's market expansion is being driven by increasing demand from the medium-income population, a growing preference for playrooms, expanding urbanisation, soft and safe children's furniture, and a surge in demand for outdoor furniture. Increasing residential projects, the rise of the building sector, and government tenders for low- and middle-income housing societies are all driving market growth in plastic furniture.

The commercial segment is predicted to develop at a 5% CAGR over the projection period. Growing IT sectors, expanding office spaces, an increase in the restaurant and hotel business, and global tourism are all predicted to fuel demand for plastic furniture in commercial segments. Demand for plastic.

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Plastic Furniture Market Regional Insights:

North America dominated the market with a 27 % share in 2022. High-income population and developed IT industry and expanding offices are the factors driving the market growth of the region.

Asia Pacific is expected to grow at a CAGR of 12 % through the forecast period. Growing low-mid population, rise in households, and surge in IT sector, office spaces, etc. are the factors expected to drive the demand in the market. Growing residential infrastructure and the presence of leading manufacturers in countries like India, Japan, etc. are factors expected to drive the market growth of plastic furniture through the forecast period.

Plastic Furniture Market Key Players:

1. IKEA
2. UMA Plastics Limited
3. Patio Furniture Industries
4. Avon Furniture Factory L.L.C
5. Walmart
6. Ashley Furniture Industries, Inc.
7. Keter Group
8. Vitra International AG
9. Cosmoplast Industrial Company L.L.C.
10. Berkshire Hathaway Inc.
11. Foliot Furniture
12. Nilkamal Limited
13. La-z-boy
14. Sleep Number
15. Telos Furniture
16. Tramontina
17. Cello Wim Plast Ltd.

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Table of Content: Plastic Furniture Market

Part 01: Executive Summary

Part 02: Scope of the Plastic Furniture Market Report

Part 03: Plastic Furniture Market Landscape

Part 04: Plastic Furniture Market Sizing

Part 05: Plastic Furniture Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

Key Offerings:

  • Past Market Size and Competitive Landscape (2023-2029)
  • Past Pricing and price curve by region (2023-2029)
  • Market Size, Share, Size Forecast by different segment | 2024-2030
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
  • Market Segmentation – A detailed analysis by segments and their sub-segments
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of business by region
  • Lucrative business opportunities with SWOT analysis
  • Recommendations

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About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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