Plastic Furniture Market Growth, Size, Trends, Share, Revenue, Challenges and Future Outlook
Plastic Furniture Market Size- By Type, By End User, By Distribution Channel- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Nov-2023 | Report ID: FMCG23115 | Pages: 1 - 232 | Formats*: |
| Category : Consumer & Retail | |||
Plastic Furniture Market Introduction and Overview
According to SPER Market Research, the Global Plastic Furniture Market is estimated to reach USD XX billion by 2033 with a CAGR of XX%.
The report includes an in-depth analysis of the Global Plastic Furniture market, including market size and trends, product mix, distribution channels, and supplier analysis. Plastic furniture is more productive and cost-effective than other materials. Furthermore, plastic furniture comes in a variety of shapes, colours, and designs, making it simple to match the decor of a home, restaurant, hotel, or office. Plastic furniture is not only wonderfully made and vibrantly coloured, but it is also quite durable. Metal and wooden chairs are unyielding, and as a result, they distort or burst easily. Plastic furniture, on the other hand, is flexible, making it simple to resist extreme pressure and damage.
- In partnership with Vice of the oOceans, a global maritime journey with the goal of increasing awareness about plastics in the oceans and assisting in the discovery of fresh approaches to address the problem, Tramontane USA embarks on a journey towards a brighter future.
- Tramontina USA announced its sustainability initiative: a transition from single-use, non-recyclable poly bags to bags containing at least 90% recycled (LDPE), reducing packaging CO2 emissions by more than 60%.
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Market Opportunities and Challenges
Opportunities: Rapid urbanization, rising disposable income, rising housing real estate demand, and rising consumer demand for premium and luxurious furniture have all contributed to the expansion of the worldwide plastic furniture market. The real estate and hospitality industries have experienced significant expansion in nations including South Africa, Brazil, India, and China. The market is expanding as a result of an increase in corporate investment in the real estate and hotel sectors. Furthermore, because of its timeless durability, attractive design, and waterproof nature, high-quality plastic furniture is becoming more and more popular for both home and commercial use.
Challenges: One of the primary challenges to market expansion is a lack of qualities and elegance, such as wood and metal. Plastic furniture can limit consumer preferences in terms of design and aesthetic, but not in terms of colour, as many producers adhere to the same PVC molding. As a result, this type of furniture is less popular in the luxury furniture market. Furthermore, plastic is a non-biodegradable product with negative environmental effects, which is projected to limit market growth. Because plastic furniture is weaker than other types of furniture, it is one of the issues limiting market growth.
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Market Competitive Landscape
The market for Global Plastic Furniture is highly competitive, and the leading companies have implemented a range of tactics to secure the largest possible market share. The Supreme Industries Limited, Nilkamal Limited, Keter Group, ScanCom International A/S, Tramontina, Pil Italica Lifestyle Limited, Uma Plastics Limited., Avro India Limited, Cello Group, Cosmoplast Industrial Company L.L.C.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Type, By End User, By Distribution Channel |
| Regions covered | North America, Asia-Pacific, Latin America, Middle East & Africa and Europe |
| Companies Covered | The Supreme Industries Limited, Nilkamal Limited, Keter Group, ScanCom International A/S, Tramontina, Pil Italica Lifestyle Limited, Uma Plastics Limited., Avro India Limited, Cello Group, Cosmoplast Industrial Company L.L.C. |
COVID-19 Impact on Global Plastic Furniture Market
COVID-19 is an infectious disease that first appeared in the Chinese city of Wuhan in late December 2020. The global coronavirus epidemic has posed a variety of obstacles for both developing and developed countries' exporters. The difficulties faced by plastic furniture exporters are expected to persist for the foreseeable future, as many states and governments throughout the world strive to combat COVID-19 through various tactics. Following the advent of the COVID-19 epidemic, producers intensified social media advertising of plastic furniture to reach a large consumer base. The implementation of curfews and the habit of keeping social distance globally have an impact on domestic and foreign production, stifling overall market growth.
Key Target Audience
- Consumers
- Commercial Buyers
- Retailers
- Interior Designers and Decorators
- Outdoor and Garden Enthusiasts
- Event Planners
- Eco-conscious Consumers
- Government and Institutional Buyers
Our in-depth analysis of the Plastic Furniture Market includes the following segments:
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| By End User: |
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| By Distribution Channel: |
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| By Region: |
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Key Topics Covered in the Report
- Global Plastic Furniture Market Size (FY’2023-FY’2033)
- Overview of Global Plastic Furniture Market
- Segmentation of Global Plastic Furniture Market By Type (Kitchen Furniture, Living and Dining Room Furniture, Bathroom Furniture, Outdoor Furniture)
- Segmentation of Global Plastic Furniture Market By End User (Residential, Commercial)
- Segmentation of Global Plastic Furniture Market By Distribution Channel (Modern Trade, Specialty Stores, E-commerce, Direct-to-customers)
- Statistical Snap of Global Plastic Furniture Market
- Expansion Analysis of Global Plastic Furniture Market
- Problems and Obstacles in Global Plastic Furniture Market
- Competitive Landscape in the Global Plastic Furniture Market
- Impact of COVID-19 and Demonetization on Global Plastic Furniture Market
- Details on Current Investment in Global Plastic Furniture Market
- Competitive Analysis of Global Plastic Furniture Market
- Prominent Players in the Global Plastic Furniture Market
- SWOT Analysis of Global Plastic Furniture Market
- Global Plastic Furniture Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Plastic Furniture Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Plastic Furniture Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Plastic Furniture Market
7. Global Plastic Furniture Market, By Type (USD Million)
7.1. Global Plastic Furniture Market Value Share and Forecast, By Type, 2023-20337.2. Bathroom Furniture7.3. Kitchen Furniture7.4. Living and Dining Room Furniture7.5. Outdoor Furniture
8. Global Plastic Furniture Market, By End User (USD Million)
8.1. Global Plastic Furniture Market Value Share and Forecast, By End User, 2023-20338.2. Commercial8.3. Residential
9. Global Plastic Furniture Market, By Distribution Channel (USD Million)
9.1. Global Plastic Furniture Market Value Share and Forecast, By Distribution Channel, 2023-20339.2. Direct-to-customers9.3. E-commerce9.4. Modern Trade9.5. Specialty Stores
10. Global Plastic Furniture Market Forecast, 2019-2033 (USD Million)
10.1. Global Plastic Furniture Market Size and Market Share
11. Global Plastic Furniture Market, By Type, 2019-2033 (USD Million)
11.1. Global Plastic Furniture Market Size and Market Share By Type (2019-2026)11.2. Global Plastic Furniture Market Size and Market Share By Type (2027-2033)
12. Global Plastic Furniture Market, By End User, 2019-2033 (USD Million)
12.1. Global Plastic Furniture Market Size and Market Share By End User (2019-2026)12.2. Global Plastic Furniture Market Size and Market Share By End User (2027-2033)
13. Global Plastic Furniture Market, By Distribution Channel, 2019-2033 (USD Million)
13.1. Global Plastic Furniture Market Size and Market Share By Distribution Channel (2019-2026)13.2. Global Plastic Furniture Market Size and Market Share By Distribution Channel (2027-2033)
14. Global Plastic Furniture Market, By Region, 2019-2033 (USD Million)
14.1. Global Plastic Furniture Market Size and Market Share By Region (2019-2026)14.2. Global Plastic Furniture Market Size and Market Share By Region (2027-2033)14.3. Asia-Pacific
14.3.1. Australia14.3.2. China14.3.3. India14.3.4. Japan14.3.5. South Korea14.3.6. Rest of Asia-Pacific
14.4. Europe
14.4.1. France14.4.2. Germany14.4.3. Italy14.4.4. Spain
14.4.5. United Kingdom14.4.6. Rest of Europe
14.5. Middle East and Africa
14.5.1. Kingdom of Saudi Arabia14.5.2. United Arab Emirates14.5.3. Rest of Middle East & Africa
14.6. North America
14.6.1. Canada14.6.2. Mexico14.6.3. United States
14.7. Latin America
14.7.1. Argentina14.7.2. Brazil14.7.3. Rest of Latin America
15. Company Profile
15.1. Avro India Limited
15.1.1. Company details15.1.2. Financial outlook15.1.3. Product summary15.1.4. Recent developments
15.2. Cello Group
15.2.1. Company details15.2.2. Financial outlook15.2.3. Product summary15.2.4. Recent developments
15.3. Cosmoplast Industrial Company L.L.C.
15.3.1. Company details15.3.2. Financial outlook15.3.3. Product summary15.3.4. Recent developments
15.4. Keter Group
15.4.1. Company details15.4.2. Financial outlook15.4.3. Product summary15.4.4. Recent developments
15.5. Nilkamal Limited
15.5.1. Company details15.5.2. Financial outlook15.5.3. Product summary15.5.4. Recent developments
15.6. Pil Italica Lifestyle Limited
15.6.1. Company details15.6.2. Financial outlook15.6.3. Product summary15.6.4. Recent developments
15.7. ScanCom International A/S
15.7.1. Company details15.7.2. Financial outlook15.7.3. Product summary15.7.4. Recent developments
15.8. The Supreme Industries Limited
15.8.1. Company details15.8.2. Financial outlook15.8.3. Product summary15.8.4. Recent developments
15.9. Tramontina
15.9.1. Company details15.9.2. Financial outlook15.9.3. Product summary15.9.4. Recent developments
15.10. Uma Plastics Limited
15.10.1. Company details15.10.2. Financial outlook15.10.3. Product summary15.10.4. Recent developments
15.11. Others
16. List of Abbreviations
17. Reference Links
18. Conclusion
19. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Plastic Furniture Market is projected to reach USD XX billion by 2033, growing at a CAGR of XX% during the forecast period.
Plastic Furniture Market grew in market size from 2022. The Market is expected to reach USD XX billion by 2033, at a CAGR of XX% during the forecast period.
Plastic Furniture Market CAGR of XX% during the forecast period.
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Plastic Furniture Market size is USD XX billion from 2023 to 2033.
Plastic Furniture Market Segment is covered By Type, By End User, By Distribution Channel.
The North America is anticipated to have the highest market share in the Plastic Furniture Market.
The key players in the market include Companies Covered The Supreme Industries Limited, Nilkamal Limited, Keter Group, ScanCom International A/S, Tramontina, Pil Italica Lifestyle Limited, Uma Plastics Limited., Avro India Limited, Cello Group, Cosmoplast Industrial Company L.L.C.
Plastic furniture is more productive and cost-effective than other materials. Furthermore, plastic furniture comes in a variety of shapes, colours, and designs, making it simple to match the decor of a home, restaurant, hotel, or office.
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