According to IMARC Group’s latest report “Plastic Furniture Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026.’ The global plastic furniture market reached a value of US$ 13.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 17.8 Billion by 2027, exhibiting a CAGR of 4.6% during 2022-2027.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.’
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Increasing real estate projects represent one of the key factors primarily driving the global plastic furniture market toward growth. Additionally, the rising inclination of consumers toward plastic furniture due to its various properties, such as durability, corrosion resistance, lightweight and dimensional stability, is propelling the market growth further. In line with this, the widespread adoption of premium product variants, such as gliders, benches, lounges, and rockers are contributing to the market growth. Other factors, such as the introduction of multi-functional furniture by manufacturers at affordable rates and the easy product availability through proliferating e-commerce platforms, are creating a positive outlook for the market.
Competitive Landscape
- 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
- Vitra International AG
Key Market Segmentation:
Breakup by Type:
- 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:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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