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Customized Shopfitting Materials Market Size
- Report ID: GMI3327
- Published Date: May 2019
- Report Format: PDF
Customized Shopfitting Materials Market Size
Customized Shopfitting Materials Market size was valued at over USD 131.5 billion in 2018 and is anticipated to witness over 4.8% CAGR up to 2025.
Expanding retail industry may surge demand for doors, windows and frames which are built from plastics. Plastics are considered durable, easy to maintain and cost-effective solution. It also offers high rigidity, mechanical stability, thermal resistance and enhance aesthetics which may propel customized shopfitting material market size by 2025.
| Report Attribute | Details |
|---|---|
| Base Year: | 2018 |
| Customized Shopfitting Materials Market Size in 2018: | 131.5 Billion (USD) |
| Forecast Period: | 2019 to 2025 |
| Forecast Period 2019 to 2025 CAGR: | 4.8% |
| 2025 Value Projection: | 180 Billion (USD) |
| Historical Data for: | 2014 to 2018 |
| No. of Pages: | 240 |
| Tables, Charts & Figures: | 201 |
| Segments covered: | Product, Application, End-Use and Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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E-commerce market is estimated to surpass USD 2.5 trillion by 2023. Increase in count of supplier and distributors on this platform has developed demand for stock of products requiring high inventory levels. Shopfitting products including storage units, shelves and furniture are used for stacking and maintaining inventory levels which is likely to propel product demand in foreseeable timeframe.
Laminates are utilized to enhance display characteristics of furniture surfaces including metal and wood. It is also utilized for decorating table-tops, cabinets and surface counters which imparts glossy and smooth surface finish. These products are also utilized for shielding surfaces from scratch, abrasion and cracks which may fuel product demand in projected timeframe.
Global aluminium market is anticipated to surpass USD 165 billion by 2022. Metals including aluminium are preferred more in manufacturing shelves and depths owing to its cost efficient and durable nature which increases robustness and strength to weight ratio. These are used in retail sector for displaying and hanging of clothes and apparels which increases graphical characteristics and attract consumers.
Counters, shelves, furniture and flooring manufacturing require high wood content which is further processed into plywood’s, veneer and laminates which produces hazardous air pollutants. Exposure to air pollutants can have detrimental effect on body and can lead to skin, eye, nose and throat irritation which may hamper industry growth.
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Customized Shopfitting Materials Market Scope
