Plastic Furniture Market 2025 Trends: Expected To Grow At A CAGR Of 5.8% By 2027, Claims AMR
Surge in demand for lightweight, low-cost, and durable furniture made up of plastic, increase in social media awareness, and rise of the real estate and hospitality sector fuel the growth of the global plastic furniture market. However, hazardous effects of plastic on the environment and presence of substitutes restrain the market growth. On the other hand, implementation of plastic furniture recycling and demand for eco-friendly type of furniture are projected to open new opportunities in the coming years.
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The report provides detailed segmentation of the global plastic furniture market based on type, end user, distribution channel, and region.
Based on type, the kitchen furniture segment accounted for the highest share in 2019, contributing to more than one-third of the total market share, and is estimated to maintain its dominance in terms of revenue during the forecast period. However, the bathroom furniture segment is expected to manifest the largest CAGR of 8.3% from 2021 to 2027.
Based on end user, the commercial segment is estimated to manifest the largest CAGR of 6.7% during the forecast period. However, the residential segment contributed to the largest market share in 2019, accounting for nearly two-thirds of total share, and will continue its lead position throughout the forecast period.
Based on region, North America contributed to the highest market share in 2019, holding nearly two-fifths of the total market, and is expected to maintain its leadership status during the forecast period. However, Asia-Pacific is projected to witness the fastest CAGR of 7.7% from 2021 to 2027.
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Leading players of the global plastic furniture market analyzed in the research include Avro India Limited
Cello Group
Cosmoplast Industrial Company LLC
Keter Group
Nilkamal Limited
Pil Italica Lifestyle Limited
ScanCom International A/S
The Supreme Industries Limited
Tramontina
Uma Plastics Limited
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