Product Code: ETC372690 | Publication Date: Aug 2022 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Vietnam Plastic Furniture Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 34.08% in 2028, following an initial rate of 10.80%, before easing to 21.88% at the end of the period.
The Plastic Furniture market in Vietnam is projected to grow at a exponential growth rate of 32.40% by 2027, highlighting the country's increasing focus on advanced technologies within the Asia region, where China holds the dominant position, followed closely by India, Japan, Australia and South Korea, shaping overall regional demand.
The plastic furniture market in Vietnam is gaining popularity due to its affordability and versatility. Plastic furniture is lightweight, easy to clean, and available in a variety of designs and colors, making it suitable for both indoor and outdoor use. This market encompasses plastic chairs, tables, storage units, and more. With consumers seeking cost-effective and low-maintenance furniture solutions, the plastic furniture market is expected to continue its growth, especially in households, educational institutions, and outdoor recreational areas.
The plastic furniture market in Vietnam is expanding rapidly due to its affordability, durability, and versatility. With an increasing emphasis on cost-effective and lightweight furniture solutions, plastic furniture has gained popularity among both residential and commercial customers. Furthermore, the ease of maintenance and resistance to environmental factors make plastic furniture a practical choice for outdoor settings. The market is also benefitting from innovations in design and materials, offering consumers a wide range of stylish options.
The Vietnam plastic furniture market encounters challenges related to environmental sustainability and changing consumer preferences. As environmental concerns grow, there is a heightened demand for eco-friendly and recyclable materials. Plastic furniture, traditionally seen as less sustainable, must adapt to this shift. Additionally, consumer tastes are evolving, with a preference for more elegant and contemporary designs. This necessitates a continuous innovation process to stay competitive and meet market demands.
The Vietnam plastic furniture market was moderately affected by COVID-19. While there was a decline in sales due to economic uncertainties, the durability and affordability of plastic furniture remained appealing to budget-conscious consumers. Online sales channels became crucial during the pandemic, enabling manufacturers to reach customers directly.
The Vietnam plastic furniture market features companies like T?n S?n Nh?a, Vi?t Ti?n Plastic, and Ph?c Khang Corporation. T?n S?n Nh?a specializes in plastic furniture for home and outdoor use, offering affordable and lightweight options. Vi?t Ti?n Plastic produces a wide range of plastic furniture products, including chairs and tables. Ph?c Khang Corporation offers modern and stylish plastic furniture designs catering to contemporary living spaces.