Plastic Furniture Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032

Description

Plastic Furniture Market size will depict a 4.6% CAGR between 2024 and 2032, on account of

advances in plastic technology for innovations in materials, such as high-density polyethylene (HDPE) and polypropylene to offer improved durability, weather resistance, and aesthetic appeal. Of late, designers are exploring new textures, colors, and finishes to enhance the visual appeal of plastic furniture. The surging focus of consumers on seeking more personalized and adaptable furniture solutions will boost market growth. For example, in November 2023, stylish furniture solutions provider ITALICA launched Phoenix Folding Chair, India's very first fully plastic folding chair.

The plastic furniture industry is classified into type, material, price range, end-use, distribution channel, and region.

By material, the industry size from the polyethylene segment will witness a lucrative CAGR through 2032. Polyethylene's durability and impact resistance make it a prime choice for furniture subjected to heavy use. It also resists cracking, chipping, and peeling, further extending the lifespan of the furniture, especially in outdoor environments. Polyethylene is also relatively inexpensive to produce, which translates into cost-effective furniture options for consumers.

Based on type, the plastic furniture market from the kitchen furniture segment will account for a notable share by 2032. Plastic kitchen furniture comes at a lower price point compared to its wooden, metal, or glass counterparts. This affordability appeals to budget-conscious consumers, especially in areas witnessing a burgeoning middle-class populace. This furniture also offers effortless cleaning and maintenance, needing just a simple wipe-down and occasional wash.

Asia Pacific plastic furniture industry share will register substantial growth through 2032. The growing middle-class population in many APAC countries is driving the demand for affordable, durable, and low-maintenance furniture. As awareness of environmental issues rises, the demand for eco-friendly plastic furniture crafted from recycled materials will also increase. In response, manufacturers are creating products that prioritize sustainability and recyclability while concentrating on global efforts to curb plastic waste.

Product Code: 10196

Chapter 1 Methodology and Scope

1.1 Market scope and definitions
1.2 Base estimates and calculations
1.3 Forecast calculations
1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid sources
  - 1.4.2.2 Public sources

Chapter 2 Executive Summary

2.1 Industry 360° synopsis, 2021-2032

Chapter 3 Industry Insights

3.1 Industry ecosystem analysis
- 3.1.1 Factor affecting the value chain
- 3.1.2 Profit margin analysis
- 3.1.3 Disruptions
- 3.1.4 Future outlook
- 3.1.5 Manufacturers
- 3.1.6 Distributors
3.2 Supplier landscape
3.3 Profit margin analysis
3.4 Raw material analysis
3.5 Key news and initiatives
3.6 Regulatory landscape
3.7 Impact forces
- 3.7.1 Growth drivers
  - 3.7.1.1 Cost effectiveness
  - 3.7.1.2 Low maintenance costs
  - 3.7.1.3 Increasing lightweight trends
  - 3.7.1.4 Rapid urbanization
- 3.7.2 Industry pitfalls and challenges
  - 3.7.2.1 Limited durability
  - 3.7.2.2 Environmental concerns
3.8 Growth potential analysis
3.9 Porter's analysis
3.10 PESTEL analysis

Chapter 4 Competitive Landscape, 2023

4.1 Introduction
4.2 Company market share analysis
4.3 Competitive positioning matrix
4.4 Strategic outlook matrix

Chapter 5 Market Estimates and Forecast, By Type, 2021-2032 (USD Billion) (Thousand Units)

5.1 Key trends
5.2 Kitchen furniture
5.3 Living room furniture
5.4 Dining room furniture
5.5 Outdoor furniture
5.6 Others (Bathroom Furniture, etc.)

Chapter 6 Market Estimates and Forecast, By Material, 2021-2032 (USD Billion) (Thousand Units)

6.1 Key trends
6.2 Polypropylene
6.3 Polycarbonate
6.4 Polyethylene
6.5 Others (PVC, ABS, etc.)

Chapter 7 Market Estimates and Forecast, By Price Range, 2021-2032 (USD Billion) (Thousand Units)

7.1 Key trends
7.2 Low
7.3 Mid
7.4 High

Chapter 8 Market Estimates and Forecast, By End-use, 2021-2032 (USD Billion) (Thousand Units)

8.1 Key trends
8.2 Residential
8.3 Commercial

Chapter 9 Market Estimates and Forecast, By Distribution Channel, 2021-2032 (USD Billion) (Thousand Units)

9.1 Key trends
9.2 Online
9.3 Offline

Chapter 10 Market Estimates and Forecast, By Region, 2021-2032 (USD Billion) (Thousand Units)

10.1 Key trends
10.2 North America
- 10.2.1 U.S.
- 10.2.2 Canada
10.3 Europe
- 10.3.1 UK
- 10.3.2 Germany
- 10.3.3 France
- 10.3.4 Italy
- 10.3.5 Spain
- 10.3.6 Russia
- 10.3.7 Rest of Europe
10.4 Asia Pacific
- 10.4.1 China
- 10.4.2 India
- 10.4.3 Japan
- 10.4.4 South Korea
- 10.4.5 Australia
- 10.4.6 Rest of Asia Pacific
10.5 Latin America
- 10.5.1 Brazil
- 10.5.2 Mexico
- 10.5.3 Rest of Latin America
10.6 MEA
- 10.6.1 South Africa
- 10.6.2 Saudi Arabia
- 10.6.3 UAE
- 10.6.4 Rest of MEA

Chapter 11 Company Profiles

11.1 Alibert Group
11.2 Allibert
11.3 Ashley Furniture Industries, Inc.
11.4 Cello Group
11.5 Cosco Home and Office Products
11.6 Grosfillex
11.7 Herman Miller, Inc.
11.8 IKEA
11.9 Keter Group
11.10 Lifetime Products, Inc.
11.11 Nilkamal Limited
11.12 Rubbermaid Commercial Products LLC
11.13 Tramontina
11.14 UMEX
11.15 Vitra