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Plastic Furniture Market Share

Report ID: GMI10196
Published Date: Jul 2024
Report Format: PDF

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Plastic Furniture Market Share

Plastic furniture industry seems to be consolidated in nature due to presence of local and global players across the globe. In 2023, the market players such as Keter Group, IKEA, Herman Miller, Inc., Nilkamal Limited, Cosco Home and Office Products, Rubbermaid Commercial Products LLC, Lifetime Products, Inc., Tramontina collectively held around 5%-10% market share. These prominent players are proactively involved in strategic endeavors, such as mergers & acquisitions, facility expansions & collaborations, to expand their product portfolios, extend their reach to a broader customer base, and strengthen their market position.

Plastic Furniture Market Companies

Major players operating in the plastic furniture industry are:

Keter Group
IKEA
Herman Miller, Inc.
Nilkamal Limited
Cosco Home and Office Products
Rubbermaid Commercial Products LLC
Lifetime Products, Inc.
Tramontina
Grosfillex
Vitra
Allibert (part of the Keter Group)
Cello Group
Alibert Group
UMEX (Universal Manufacturing & Export Co. Ltd)
Ashley Furniture Industries, Inc.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size for plastic furniture was valued at USD 48.7 billion in 2023 and is estimated to grow at 4.6% CAGR during 2024-2032, owing to its affordability.

The dining room segment of the plastic furniture market recorded USD 14.8 billion in 2023 and is expected to reach USD 30.7 billion by 2032, as plastic furniture provide a cost-effective option for occasional use, especially for smaller apartments or limited budgets.

North America market size was USD 9.9 billion in 2023 and is expected to reach USD 15.2 billion by 2032, driven by the rise of urbanization and smaller living spaces.

Keter Group, IKEA, Herman Miller, Inc, Nilkamal Limited, Cosco Home and Office Products, Rubbermaid Commercial Products LLC, Lifetime Products, Inc., Tramontina, Grosfillex, and Vitra among others.