The Europe Plastic Furniture Market would witness market growth of 8.3% CAGR during the forecast period (2021-2027). Increasing real-estate and hospitality industry with the help of different residential and commercial projects is propelling the demand of the product. In addition to it, the global plastic furniture market is driven by the demand for lightweight, versatile, flexible and multi-functional furniture providing high portability and application in small as well as large space.
The demand for easily movable and portable furniture is rising in compact and integrated modular homes because of the increasing trend of nuclear families. A broad range of products according to the application and demand of the customers are accessible owing to the easy molding, designing, and shaping, which offers consumers a broad scope for purchasing.
There are many brands across Europe that offer a broad range of stackable plastic chairs. These are made to be highly low maintenance and lightweight, thus boosting the demand & growth of plastic across the European region. These properties of plastic furniture make them ideal for indoor as well as outdoor utilization. As this kind of furniture offers versatility, plastic chairs are particularly are used for busy commercial operations. In spite of their simple design, they do not have to compromise with look or comfort.
Moreover, the growing number of dining restaurants across the European region is also supporting the growth & demand for plastic furniture. Plastic furniture creates an ideal ambiance for the restaurant while keeping up an elegant and stylish look. In addition to it, these restaurants are going for plastic furniture as it has low maintenance cost in the longer term.
High accessibility of recycled plastic furniture, which is made up of plastic waste like plastic toys, bottles, and ocean plastics is highly used in outdoor furniture. Several stakeholders are developing plastic furniture by utilizing different types of waste plastics. For example, ScanCom International A/S is a company in the outdoor furniture domain that recently launched DuraLand and DuraOcean. These products are plastic furniture wholly created from recycled maritime plastic waste, setting a standard for sustainable material usage and design.
In addition to it, eco-Birdy, a European furniture making company has recently introduced ecoBirdy recycled plastic furniture for children. The company further said that its whole range of production plastic furniture is 100% recyclable and doesn’t have any harmful chemicals. Therefore, the increasing trend of utilizing recycled plastic furniture by several stakeholders would open new growth avenues for the plastic furniture market.
The Germany market dominated the Europe Commercial Plastic Furniture Market by Country 2020, thereby, achieving a market value of $400.6 million by 2027. The UK market is exhibiting a CAGR of 8.5% during (2021 - 2027). Additionally, The France market is poised to witness a CAGR of 10.1% during (2021 - 2027).
Based on Type, the market is segmented into Kitchen Furniture, Living and Dining Room Furniture, Outdoor Furniture and Bathroom Furniture. Based on End User, the market is segmented into Commercial and Residential. Based on Distribution Channel, the market is segmented into Specialty Stores, Modern Trade, E-commerce and Direct-to-customers. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Plastic Furniture Market Size will Hit $19.7 Billion by 2027, at a CAGR of 8.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include 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., and Uma Plastics Limited.
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