India Plastic Furniture Market To Set Massive CAGR of 10.50% by 2032

Written by Tushar Imarc  »  Updated on: June 27th, 2024

IMARC Group, a leading market research company, has recently releases report titled “India Plastic Furniture Market Report by Type (Kitchen Furniture, Living and Dining Room Furniture, Bathroom Furniture, Outdoor Furniture, and Others), Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Stores, and Others), End User (Residential, Commercial), and Region 2024-2032”. The India plastic furniture market size is projected to exhibit a growth rate (CAGR) of 10.50% during 2024-2032.

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The growing demand for lightweight, affordable, as well as durable furniture solutions is one of the factors responsible for the growth of the India plastic furniture market. Additionally, the market is supported by the shift towards cost-effective and low-maintenance furniture options, particularly in urban and semi-urban areas. This makes plastic furniture an attractive option for both indoor and outdoor use, catering to households, commercial establishments, and public spaces. Moreover, the rise in nuclear families and compact living spaces has fueled the need for multifunctional and space-saving furniture, where lightweight nature and modular designs of plastic furniture fit perfectly.

India Plastic Furniture Market Trends and Drivers:

Another significant driver of the plastic furniture market in India is the increasing consumer preference for aesthetically appealing and customizable products. Manufacturers are innovating with new designs, colors, and finishes to cater to the evolving tastes of consumers. In addition to this, the adoption of advanced manufacturing technologies is driving demand, as injection molding and 3D printing enable the production of intricate and stylish furniture pieces that rival traditional materials like wood and metal in terms of appearance.

Furthermore, the growing awareness and emphasis on sustainability are leading to the use of recycled plastics in furniture production, aligning with environmental concerns and promoting eco-friendly practices. In line with this, the expanding retail and e-commerce sectors are also playing a crucial role in making a wide variety of plastic furniture accessible to a broader consumer base, which is anticipated to drive the India plastic furniture market over the forecasted period.

India Plastic Furniture Market Segmentation:

Type Insights:

• Kitchen Furniture

• Living and Dining Room Furniture

• Bathroom Furniture

• Outdoor Furniture

• Others

Distribution Channel Insights:

• Supermarkets and Hypermarkets

• Specialty Stores

• Online Stores

• Others

End User Insights:

• Residential

• Commercial

Regional Insights:

• North India

• West and Central India

• South India

• East and Northeast India

Ask Analyst for Customization and Explore Full Report with TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=22088&flag=C

Key Highlights of the Report:

• Market Performance (2018-2023)

• Market Outlook (2024-2032)

• Market Trends

• Market Drivers and Success Factors

• Impact of COVID-19

• Value Chain Analysis

• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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