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Rapid urbanisation and rising disposable income are other major factors augmenting the demand for luxury and premium plastic furniture, resulting in the rapid growth of the plastic furniture market value.
Increasing adoption of biodegradable plastic furniture is expected to positively influence the market due to its sustainability and non-toxic nature. They are easy to recycle and take less time to decompose after discarding, further increasing their popularity among consumers.
Plastic Furniture Market Growth
Plastic Furniture Market Trends
Plastic Furniture Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market reached a value of approximately USD 15.78 billion in 2023.
The market is projected to grow at a CAGR of 5.2% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 24.90 billion by 2032.
The major market drivers include low cost and easy availability of plastic furniture and durable and low maintenance nature of the product.
The key trends fuelling the growth of the market include rising demand from the residential sector and rising investments towards the development of biodegradable plastic furniture.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The significant types available in the market include kitchen furniture, living and dining room furniture, bathroom furniture, and outdoor furniture, among others.
The key players in the market are Inter IKEA Systems B.V., Ashley Furniture Industries, Inc., Keter Group BV, Tramontina USA Inc., Cosmoplast Ind. Co. (L.L.C.), Nilkamal Ltd., ScanCom International A/S, Cello World private Limited, Supreme Industries Limited, Vitra International AG, and Patio Furniture Industries, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124