The Worldwide Plastic Furniture Industry is Expected to Reach $19.7 Billion by 2027 at a CAGR of 8.7% from 2021 – ResearchAndMarkets.com | Financial Buzz

The Worldwide Plastic Furniture Industry is Expected to Reach $19.7 Billion by 2027 at a CAGR of 8.7% from 2021 – ResearchAndMarkets.com

The “Global Plastic Furniture Market By Type, By End User, By Distribution Channel, By Regional Outlook, Industry Analysis Report and Forecast, 2021 – 2027” report has been added to ResearchAndMarkets.com’s offering.

The Global Plastic Furniture Market size is expected to reach $19.7 billion by 2027, rising at a market growth of 8.7% CAGR during the forecast period.

Companies Mentioned

  • Cello Group
  • Avon Furniture Factory L.L.C
  • Cosmoplast Industrial Company L.L.C. (Harwal Ltd.)
  • Keter Group B.V. (BC Partners)
  • Nilkamal Limited
  • Pil Italica Lifestyle Limited (Dawood Investment Private Limited)
  • ScanCom International A/S (Jysk A/S)
  • The Supreme Industries Ltd.
  • Tramontina Multi S. A.
  • Uma Plastics Limited

Plastic furniture is most commonly used in the form of chairs and tables on patios and other places where elements deteriorate or destroy wooden furniture. Plastic furniture is often developed from polypropylene and polyethylene which provides it with characteristics like lightweight, waterproof, and durable at various degrees of outdoor temperatures and make it resistant to destroy from UV light in sunshine.

Price is one of the attractive reasons to purchase plastic furniture. As PVC is generally produced on a wide scale and can be obtained at an affordable price, furniture created from this material is comparatively inexpensive to furniture made from other materials like aluminum, wood, metal, and others. In comparison to counterparts made from other materials, plastic furniture is extremely durable and reliable.

Wood is an extremely good material for furniture. Though, one factor that discourages many buyers to go for wood is that it is highly vulnerable to termite infestation and requires constant maintenance with varnishing and other chemicals. However, plastic furniture is strong and reliable which makes it durable furniture material. In addition to it, plastic furniture doesn’t require much maintenance as it needs only periodic cleaning with water and a wipe cloth. Because of its material, this type of furniture is the preferred choice for restaurants and other facilities which have outdoor settings. Plastic furniture doesn’t get ruined by exposure to the sun and rain. However, these elements can completely spoil the wood furniture.

COVID-19 Impact:

The global COVID-19 crisis has brought various challenges for exporters in emerging and established nations. These challenges observed by exporters of plastic furniture items is expected to stay the same at least for some time, as many states and governments across the globe are trying to curb the transmission of the coronavirus with several steps. On the other hand, the growth of global plastic furniture is inhibited by the imposition of lockdown and curfew measures across the world which has impacted the domestic and international production of plastic furniture. Therefore, the outbreak of the COVID-19 pandemic hampered the growth of the global plastic furniture market as sales of market companies have decreased and operations have been disrupted.

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Key Topics Covered:

Chapter 1. Market Scope & Methodology

Chapter 2. Market Overview

2.1 Introduction

2.1.1 Overview

2.1.2 Market Composition and Scenario

2.2 Key Factors Impacting the Market

2.2.1 Market Drivers

2.2.2 Market Restraints

Chapter 3. Global Plastic Furniture Market by Type

3.1 Global Kitchen Furniture Market by Region

3.2 Global Living and Dining Room Furniture Market by Region

3.3 Global Outdoor Furniture Market by Region

3.4 Global Bathroom Furniture Market by Region

Chapter 4. Global Plastic Furniture Market by End User

4.1 Global Commercial Plastic Furniture Market by Region

4.2 Global Residential Plastic Furniture Market by Region

Chapter 5. Global Plastic Furniture Market by Distribution Channel

5.1 Global Specialty Stores Plastic Furniture Market by Region

5.2 Global Modern Trade Market by Region

5.3 Global E-commerce Market by Region

5.4 Global Other Distribution Channels Market by Region

Chapter 6. Global Plastic Furniture Market by Region

Chapter 7. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/r/l2ux9o

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