According to the report published by Allied Market Research, the globalย plastic furniture marketย garnered $14.59 billion in 2019, and is estimated to reach $19.07 billion by 2027, witnessing a CAGR of 5.8% from 2021 to 2027. The report provides a comprehensive analysis of changing market trends, key segments, top investment pockets, value chain, and regional scenario.
Surge in demand for lightweight, low-cost, and durable furniture made up of plastic, increase in social media awareness, and rise of the real estate and hospitality sector fuel the growth of the globalย plastic furnitureย market. However, hazardous effects of plastic on the environment and presence of substitutes restrain the market growth. On the other hand, implementation of plastic furniture recycling and demand for eco-friendly type of furniture are projected to open new opportunities in the coming years.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ (203 ๐๐๐ ๐๐ฌ ๐ฐ๐ข๐ญ๐ก ๐๐จ๐ซ๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ):ย https://www.alliedmarketresearch.com/request-sample/11639
The report provides detailed segmentation of the global plasticย furniture marketย based on type, end user, distribution channel, and region.
Based on type, the kitchen furniture segment accounted for the highest share in 2019, contributing to more than one-third of the total market share, and is estimated to maintain its dominance in terms of revenue during the forecast period. However, the bathroom furniture segment is expected to manifest the largest CAGR of 8.3% from 2021 to 2027.
Based on end user, the commercial segment is estimated to manifest the largest CAGR of 6.7% during the forecast period. However, the residential segment contributed to the largest market share in 2019, accounting for nearly two-thirds of total share, and will continue its lead position throughout the forecast period.
Based on region, North America contributed to the highest market share in 2019, holding nearly two-fifths of the total market, and is expected to maintain its leadership status during the forecast period. However, Asia-Pacific is projected to witness the fastest CAGR of 7.7% from 2021 to 2027.
๐๐๐ก๐๐๐ฎ๐ฅ๐ ๐ ๐ ๐๐๐ ๐๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐๐ญ๐ข๐จ๐ง ๐๐๐ฅ๐ฅ ๐ฐ๐ข๐ญ๐ก ๐๐ฎ๐ซ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ญ๐ฌ/๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ฑ๐ฉ๐๐ซ๐ญ๐ฌ ๐ญ๐จ ๐ ๐ข๐ง๐ ๐๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง ๐๐จ๐ซ ๐๐จ๐ฎ๐ซ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ @ย https://www.alliedmarketresearch.com/connect-to-analyst/11639
Leading players of the global plastic furniture market analyzed in the research include Avro India Limited
Cello Group
Cosmoplast Industrial Company LLC
Keter Group
Nilkamal Limited
Pil Italica Lifestyle Limited
ScanCom International A/S
The Supreme Industries Limited
Tramontina
Uma Plastics Limited
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