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Plastic Furniture Market Trends

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

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Plastic Furniture Market Trends

A growing trend is the use of recycled plastic in furniture production. This reduces reliance on virgin plastic and caters to environmentally conscious consumers. Furniture crafted from biodegradable or bio-based plastics is gaining traction. These materials offer a more sustainable alternative to traditional plastics. Space-saving and versatile furniture that can serve multiple purposes is becoming increasingly popular, particularly in smaller living spaces. Advanced plastics with superior weather resistance and UV protection are being developed for outdoor furniture applications. High-quality plastic furniture designed for commercial applications like restaurants, hotels, or public spaces is a growing segment of the market.

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.