India Plastic Furniture Market (2025-2031) Outlook | Industry, Value, Trends, Share, Growth, Size, Companies, Revenue, Forecast & Analysis

Market Forecast By Distribution Channel (Online, Offline), By Application (Residential, Commercial) And Competitive Landscape
Product Code: ETC372684 Publication Date: Aug 2023 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

India Plastic Furniture Market Import Shipment Trend (2020-2024)

The plastic furniture market import shipment into India showed robust growth from 2020 to 2024, with a notable CAGR of 28.2%. The growth rate between 2023 and 2024 slightly moderated to 9.1%, indicating a steady expansion trajectory with strong momentum over the period.

Graph Showing India plastic furniture market Shipment Trend & Volume from 2020-2024

India Plastic Furniture Market Synopsis

The plastic furniture sector in India was valued at US$ 3 billion and is expected to witness robust growth during the forecast period. Growing preference for lightweight materials such as plastic owing to their low cost compared with traditional materials like wood or metal will drive revenue generation for this segment over the coming years. Furthermore, increased product innovation coupled with rapid urbanization will further propel industry expansion over the next few years.

Market Drivers of the market

The India plastic furniture market has witnessed growth due to its cost-effectiveness, lightweight nature, and easy maintenance. The affordability of plastic furniture appeals to a wide consumer base, especially in urban and semi-urban areas, propelling the market`s growth.

Challenges of the Market

The plastic furniture market has grown due to its cost-effectiveness and lightweight characteristics. Nonetheless, environmental sustainability remains a significant challenge for the industry, as the improper disposal of plastic furniture can contribute to plastic waste pollution, which is a pressing issue in India.

Covid-19 Impact on the Market

The plastic furniture market in India faced a dual impact during the pandemic. While there was a surge in demand for affordable furniture due to budget constraints, the disruptions in manufacturing and supply chain affected the production and distribution of plastic furniture. This resulted in fluctuations in market performance.

Key Players of the Market

In the India plastic furniture market, significant key players include Supreme Industries Limited, Nilkamal Limited, Cello Group, and Wipro Enterprises Pvt Ltd (Wipro Furniture).

Key Highlights of the Report:

  • India Plastic Furniture Market Outlook
  • Market Size of India Plastic Furniture Market, 2024
  • Forecast of India Plastic Furniture Market, 2031
  • Historical Data and Forecast of India Plastic Furniture Revenues & Volume for the Period 2021-2031
  • India Plastic Furniture Market Trend Evolution
  • India Plastic Furniture Market Drivers and Challenges
  • India Plastic Furniture Price Trends
  • India Plastic Furniture Porter's Five Forces
  • India Plastic Furniture Industry Life Cycle
  • Historical Data and Forecast of India Plastic Furniture Market Revenues & Volume By Distribution Channel for the Period 2021-2031
  • Historical Data and Forecast of India Plastic Furniture Market Revenues & Volume By Online for the Period 2021-2031
  • Historical Data and Forecast of India Plastic Furniture Market Revenues & Volume By Offline for the Period 2021-2031
  • Historical Data and Forecast of India Plastic Furniture Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of India Plastic Furniture Market Revenues & Volume By Residential for the Period 2021-2031
  • Historical Data and Forecast of India Plastic Furniture Market Revenues & Volume By Commercial for the Period 2021-2031
  • India Plastic Furniture Import Export Trade Statistics
  • Market Opportunity Assessment By Distribution Channel
  • Market Opportunity Assessment By Application
  • India Plastic Furniture Top Companies Market Share
  • India Plastic Furniture Competitive Benchmarking By Technical and Operational Parameters
  • India Plastic Furniture Company Profiles
  • India Plastic Furniture Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the India Plastic Furniture Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the India Plastic Furniture Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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