Fairfield Market Research Resin Furniture Market Value Reach US$25 Bn by 2030

Resin Furniture Market

Global Resin Furniture Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2030 - (By Type Coverage, By Application Coverage, By Style Coverage, By Distribution Channel Coverage, By Geographic Coverage and Leading Companies)

Published Date: Sep 2023 | Format: | No. of Pages: 265

Industry: Consumer Goods & Services


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Market Analysis in Brief

  • Global resin furniture market maintains a promising pace of 5% CAGR during the period of assessment 2023 - 2030
  • Resin furniture sales to reach a market value of more than US$25 Bn by the end of 2030

Market Analysis in Brief

The market for resin furniture has grown significantly in recent years, mostly due to several important variables that have influenced customer tastes and market trends. The rising need for sturdy and weatherproof outdoor furniture options is one of the main factors driving this market. Resin is a fantastic material for outdoor furniture since it offers remarkable resilience to the elements, such as rain, sun, and severe temperatures, without deteriorating or fading. Demand for premium resin furniture has soared as more people invest in designing outdoor living spaces and party spaces in their homes, fueling market expansion. Furthermore, buyers are increasingly favouring resin furniture because it is lightweight and portable.

Resin Furniture Market

Key Report Findings

  • The largest market sector for resin furniture is polypropylene, which comes in many varieties.
  • The residential sector will dominate the market in terms of demand generaton, in 2022.
  • The mnline channel is the biggest portion of the market for resin furniture's numerous distribution methods. The popularity of e-commerce platforms and customers' rising preference for online purchasing can be credited to the online segment's dominance.
  • The Modern style category is the largest. The popularity of the modern style among customers, especially those looking for modern and streamlined designs for their outdoor spaces, can be held responsible for its supremacy.
  • Asia Pacific stands out as a lucrative regional pocket for resin market furniture market participants.

Growth Drivers

Increasing Demand for Durable and Weather-resistant Outdoor Furniture

The market for resin furniture is expanding mostly due to the rising demand for sturdy, weather-resistant outdoor furniture. The necessity for furniture that can survive diverse weather conditions grows increasingly important as more people want to create welcoming and comfortable outside environments. Due to its great strength and resistance to the elements, resin furniture has become a popular option.

Resin is a synthetic material resistant to moisture, UV radiation, and temperature changes. When exposed to moisture, sunlight, or severe temperatures, resin does not rot, distort, or corrode like typical outdoor furniture materials like wood or metal. Because it can withstand the rigors of various weather conditions without losing its structural integrity or aesthetic appeal, resin furniture is perfect for use in gardens, patios, poolside areas, and other outdoor locations.

Its appeal is also boosted by resin furniture requiring less maintenance. Customers enjoy that resin furniture doesn't need to be painted, stained, or sealed frequently to keep it looking nice. Cleaning the furniture with soap and water is often only necessary to maintain its beauty, making it a practical option for people looking for hassle-free outdoor furniture.

Additionally, the popularity of outdoor activities and the tendency to design outdoor living areas have boosted demand for durable furniture. People are looking for furniture that can offer comfort and style while enduring regular use as they spend more time entertaining, relaxing, and dining outside.

Growing Preference Among Urban Consumers

Resin furniture is significantly lighter and easier to handle than traditional materials like wood or metal, making it possible to rearrange and reconfigure outdoor environments easily. Urban dwellers or people with little outdoor spaces will find this feature particularly intriguing because it enables them to make the most of their space and change the furniture arrangement as necessary.

Another important factor is resin furniture's low maintenance requirements. Resin is comparatively low-maintenance and requires little cleaning and maintenance, making it very appealing to busy people and families looking for practical furniture solutions.

Eco-friendly Features

The resin furniture market has expanded due to the growing emphasis on sustainable and eco-friendly products. Several resin furniture producers now provide ecologically friendly solutions manufactured from recycled materials or employ sustainable production techniques to appeal to customers concerned about the environment.

The eco-friendly features of resin furniture will probably continue driving demand as sustainability becomes a more important consideration in shopping decisions.

Rising Emphasis on Sustainable Products

Consumers are more concerned about the environmental effects of their purchases, especially furniture, as environmental issues grow more prominent. This rising eco-awareness aligns with resin furniture, particularly those built from recycled materials or resins obtained responsibly. In response to this need, producers of resin furniture have included ecological practices in their manufacturing procedures.

Recycled plastic is now widely used by businesses to make resin furniture, which cuts down on the quantity of garbage that would otherwise wind up in landfills or the ocean. Resin furniture producers reduce waste and conserve resources by repurposing post-consumer plastic materials, making their goods more appealing to customers who care about the environment.

The resilience and lifespan of resin furniture are further factors contributing to its eco-friendliness. High-quality resin furniture can survive for many years with no maintenance, as opposed to furniture produced from natural materials like wood, which may need to be replaced regularly due to wear and tear. Because of the longer lifespan, less material is used to make new furniture, lowering the overall environmental impact. The production method is also getting more environmentally friendly in addition to the materials used.

Resin furniture's environmental credentials are being further strengthened by manufacturers' use of energy-efficient production techniques and reduction of carbon emissions. Resin furniture is becoming increasingly popular with organisations, especially those in the commercial and hospitality industries and private consumers. Choosing furniture that symbolises their dedication to environmental responsibility, hotels, restaurants, and other businesses increasingly want to match their brand values with sustainability. The demand for eco-friendly resin furniture is anticipated to increase as environmental awareness rises, serving as a significant growth driver for the resin furniture industry.

Overview of Key Segments

Polypropylene Remains a Popular Choice

The largest market sector for resin furniture is polypropylene, which comes in many varieties. Because of its remarkable qualities, polypropylene resin furniture has taken the lead and is appealing to consumers and companies. The exceptional durability, UV and moisture resistance of polypropylene are well known. These qualities make it ideal for outdoor applications where exposure to weather factors, such as garden furniture, patio sets, and poolside loungers, is a major concern.

Additionally, the lightweight nature of polypropylene resin furniture makes it simple to move and rearrange as required, which is a useful quality for customers looking for versatility in their outdoor settings.

Polycarbonate is becoming popular in the resin furniture market's fastest-growing subsegment. Furniture made of polycarbonate resin offers great strength and impact resistance on par with materials like glass, with the added benefit of not shattering. Because of this quality, polycarbonate resin furniture is a popular choice for business spaces, including restaurants, cafes, and outdoor event sites where durability and safety are crucial. Additionally, customers looking for cutting-edge design components for their outdoor areas are drawn to polycarbonate resin furniture's sleek and contemporary beauty.

Residential Sector Has the Largest Share of the Market Pie

The residential sector makes up the bulk of the market. The dominance of the residential market can be linked to homeowners' growing propensity to design elegant and cozy outdoor living areas. The demand for outdoor furniture, particularly resin choices, has risen as consumers look to expand their living spaces outside their houses. For residential uses, resin furniture has many benefits, including weather resistance, low maintenance needs, and a variety of designs to fit various outdoor situations.

An important and quickly growing use is the commercial sector. Hotels, resorts, restaurants, cafes, and outdoor event spaces are just a few examples of companies and establishments that comprise the commercial sector. Designing comfortable and useful outdoor environments for visitors and customers drives the need for resin furniture in the commercial sector. Resin furniture is a sensible option for businesses outfitting their outdoor spaces since it combines strength, aesthetic appeal, and affordability.

Additionally, resin furniture is preferred by many commercial settings due to its low maintenance requirements and capacity to withstand high foot traffic without compromising structural integrity. Its minimal weight makes it simple to rearrange and store, making it appropriate for companies with different space needs.

Growth Opportunities Across Regions

Fondness for Outdoor Furniture Paves the Way for North America’s Lead

North America has the biggest market among the many geographical areas. To create outdoor spaces that are both practical and visually beautiful, the area has a strong culture of outdoor life and a high demand for outdoor furniture. The proliferation of single-family residences with sizable patios and backyards also contributes to the increased demand for resin furniture.

The North American market is additionally characterised by an increasing emphasis on sustainability and eco-friendly goods, which has raised the demand for resin furniture from recycled or sustainably sourced materials. In addition, expanding the region's hospitality and tourism sectors fuels demand for resin furniture in commercial spaces, including restaurants, hotels, and resorts.

Asia Pacific Unlocks Lucrative Opportunities

Asia Pacific stands out as the area with the resin furniture market's quickest growth. As more people relocate to cities and urban areas, the region becomes more urbanised. The construction of residential and commercial structures has increased due to this urbanisation trend, which has increased demand for outdoor furniture, including resin choices, to decorate these spaces.

A second factor supporting the expansion of the resin furniture industry is the surge in consumer expenditure on lifestyle and home improvement goods across various Asian nations due to rising disposable income.

Additionally, the demand for chic and practical outdoor furniture in the Asia Pacific region has been fueled by the growing acceptance of contemporary outdoor living patterns influenced by Western cultures. The need for resin furniture is anticipated to increase significantly as the region's nations continue to develop and experience economic expansion.

Resin Furniture Market: Competitive Landscape

Some of the leading players at the forefront in the Resin Furniture market space include IKEA, Mainstay, McCourt, MityLite, Drake Corp., Lifetime, Siddhi Polymers, Qingdao Blossom Furnishings Limited, Comseat, Inc., Gopak Furniture, and Atlas Commercial Products.

Recent Notable Developments

In June 2023, Resilux Group announced expansion of its resin furniture production capacity. This expansion is anticipated to satisfy the rising global demand for resin furniture.

In April 2023, ExtraBold, a Japanese manufacturer of large format extrusion 3D printing systems, and HONOKA showed off resin 3D printed furniture in Milan.

In April 2023, Resin Obsession in the same month introduced a new line of 3D-printed resin furniture. These pieces are constructed from various resins and available in a vast array of hues and styles.

In April 2023, SP01, surfboard shaper, and Haydenshapes collaborated, on resin furniture paving towards the largely untapped possibility of resin in the interior context.

In February 2022, Ecopoxy released a new line of epoxy polymers designed specifically for furniture. According to reports, these resins are more durable, simpler to work with, and have a superior finish than conventional epoxy resins.

Global Resin Furniture Market is Segmented as Below:

By Type

  • Polypropylene
  • ABS Polymer
  • PVC
  • Polycarbonate
  • Polystyrene
  • Others

By Application

  • Residential
  • Commercial
  • Industrial
  • Institutional

By Distribution Channel

  • Online
  • Offline

By Style

  • Modern
  • Traditional
  • Niche

By Geographic Coverage

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Turkey
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Egypt
    • Nigeria
    • Rest of Middle East & Africa

1. Executive Summary
     1.1. Global Resin Furniture Market Snapshot
     1.2. Future Projections
     1.3. Key Market Trends
     1.4. Regional Snapshot, by Value, 2022
     1.5. Analyst Recommendations

2. Market Overview
     2.1. Market Definitions and Segmentations
     2.2. Market Dynamics
            2.2.1. Drivers
            2.2.2. Restraints
            2.2.3. Market Opportunities
     2.3. Value Chain Analysis
     2.4. Porter’s Five Forces Analysis
     2.5. Covid-19 Impact Analysis
            2.5.1. Supply
            2.5.2. Demand
     2.6. Impact of Ukraine-Russia Conflict
     2.7. Economic Overview
            2.7.1. World Economic Projections
     2.8. PESTLE Analysis

3. Global Resin Furniture Market Outlook, 2018 - 2030
     3.1. Global Resin Furniture Market Outlook, by Type, Value (US$ Bn), 2018 - 2030
            3.1.1. Key Highlights
                  3.1.1.1. Polypropylene
                  3.1.1.2. Polystyrene
                  3.1.1.3. Acrylonitrile butadiene styrene
                  3.1.1.4. Polyvinyl Chloride
                  3.1.1.5. Polycarbonate
                  3.1.1.6. Others
     3.2. Global Resin Furniture Market Outlook, by Application, Value (US$ Bn), 2018 - 2030
            3.2.1. Key Highlights
                  3.2.1.1. Residential
                  3.2.1.2. Commercial
                  3.2.1.3. Industrial
                  3.2.1.4. Institutional
     3.3. Global Resin Furniture Market Outlook, by Distribution Channel, Value (US$ Bn), 2018 - 2030
            3.3.1. Key Highlights
                  3.3.1.1. Online
                  3.3.1.2. Offline
     3.4. Global Resin Furniture Market Outlook, by Style, Value (US$ Bn), 2018 - 2030
            3.4.1. Key Highlights
                  3.4.1.1. Modern
                  3.4.1.2. Traditional
                  3.4.1.3. Niche
     3.5. Global Resin Furniture Market Outlook, by Region, Value (US$ Bn), 2018 - 2030
            3.5.1. Key Highlights
                  3.5.1.1. North America
                  3.5.1.2. Europe
                  3.5.1.3. Asia Pacific
                  3.5.1.4. Latin America
                  3.5.1.5. Middle East & Africa

4. North America Resin Furniture Market Outlook, 2018 - 2030
     4.1. North America Resin Furniture Market Outlook, by Type, Value (US$ Bn), 2018 - 2030
            4.1.1. Key Highlights
                  4.1.1.1. Polypropylene
                  4.1.1.2. Polystyrene
                  4.1.1.3. Acrylonitrile butadiene styrene
                  4.1.1.4. Polyvinyl Chloride
                  4.1.1.5. Polycarbonate
                  4.1.1.6. Others
     4.2. North America Resin Furniture Market Outlook, by Application, Value (US$ Bn), 2018 - 2030
            4.2.1. Key Highlights
                  4.2.1.1. Residential
                  4.2.1.2. Commercial
                  4.2.1.3. Industrial
                  4.2.1.4. Institutional
     4.3. North America Resin Furniture Market Outlook, by Distribution Channel, Value (US$ Bn), 2018 - 2030
            4.3.1. Key Highlights
                  4.3.1.1. Online
                  4.3.1.2. Offline
     4.4. North America Resin Furniture Market Outlook, by Style, Value (US$ Bn), 2018 - 2030
            4.4.1. Key Highlights
                  4.4.1.1. Modern
                  4.4.1.2. Traditional
                  4.4.1.3. Niche
     4.5. North America Resin Furniture Market Outlook, by Country, Value (US$ Bn), 2018 - 2030
            4.5.1. Key Highlights
                  4.5.1.1. U.S. Resin Furniture Market by Type, Value (US$ Bn), 2018 - 2030
                  4.5.1.2. U.S. Resin Furniture Market End-user, Value (US$ Bn), 2018 - 2030
                  4.5.1.3. U.S. Resin Furniture Market by Distribution Channel, Value (US$ Bn), 2018 - 2030
                  4.5.1.4. U.S. Resin Furniture Market Style, Value (US$ Bn), 2018 - 2030
                  4.5.1.5. Canada Resin Furniture Market by Type, Value (US$ Bn), 2018 - 2030
                  4.5.1.6. Canada Resin Furniture Market End-user, Value (US$ Bn), 2018 - 2030
                  4.5.1.7. Canada Resin Furniture Market by Distribution Channel, Value (US$ Bn), 2018 - 2030
                  4.5.1.8. Canada Resin Furniture Market Style, Value (US$ Bn), 2018 - 2030
            4.5.2. BPS Analysis/Market Attractiveness Analysis

5. Europe Resin Furniture Market Outlook, 2018 - 2030
     5.1. Europe Resin Furniture Market Outlook, by Type, Value (US$ Bn), 2018 - 2030
            5.1.1. Key Highlights
                  5.1.1.1. Polypropylene
                  5.1.1.2. Polystyrene
                  5.1.1.3. Acrylonitrile butadiene styrene
                  5.1.1.4. Polyvinyl Chloride
                  5.1.1.5. Polycarbonate
                  5.1.1.6. Others
     5.2. Europe Resin Furniture Market Outlook, by Application, Value (US$ Bn), 2018 - 2030
            5.2.1. Key Highlights
                  5.2.1.1. Residential
                  5.2.1.2. Commercial
                  5.2.1.3. Industrial
                  5.2.1.4. Institutional
     5.3. Europe Resin Furniture Market Outlook, by Distribution Channel, Value (US$ Bn), 2018 - 2030
            5.3.1. Key Highlights
                  5.3.1.1. Online
                  5.3.1.2. Offline
     5.4. Europe Resin Furniture Market Outlook, by Style, Value (US$ Bn), 2018 - 2030
            5.4.1. Key Highlights
                  5.4.1.1. Modern
                  5.4.1.2. Traditional
                  5.4.1.3. Niche
     5.5. Europe Resin Furniture Market Outlook, by Country, Value (US$ Bn), 2018 - 2030
            5.5.1. Key Highlights
                  5.5.1.1. Germany Resin Furniture Market by Type, Value (US$ Bn), 2018 - 2030
                  5.5.1.2. Germany Resin Furniture Market End-user, Value (US$ Bn), 2018 - 2030
                  5.5.1.3. Germany Resin Furniture Market by Distribution Channel, Value (US$ Bn), 2018 - 2030
                  5.5.1.4. Germany Resin Furniture Market Style, Value (US$ Bn), 2018 - 2030
                  5.5.1.5. U.K. Resin Furniture Market by Type, Value (US$ Bn), 2018 - 2030
                  5.5.1.6. U.K. Resin Furniture Market End-user, Value (US$ Bn), 2018 - 2030
                  5.5.1.7. U.K. Resin Furniture Market by Distribution Channel, Value (US$ Bn), 2018 - 2030
                  5.5.1.8. U.K. Resin Furniture Market Style, Value (US$ Bn), 2018 - 2030
                  5.5.1.9. France Resin Furniture Market by Type, Value (US$ Bn), 2018 - 2030
                  5.5.1.10. France Resin Furniture Market End-user, Value (US$ Bn), 2018 - 2030
                  5.5.1.11. France Resin Furniture Market by Distribution Channel, Value (US$ Bn), 2018 - 2030
                  5.5.1.12. France Resin Furniture Market Style, Value (US$ Bn), 2018 - 2030
                  5.5.1.13. Italy Resin Furniture Market by Type, Value (US$ Bn), 2018 - 2030
                  5.5.1.14. Italy Resin Furniture Market End-user, Value (US$ Bn), 2018 - 2030
                  5.5.1.15. Italy Resin Furniture Market by Distribution Channel, Value (US$ Bn), 2018 - 2030
                  5.5.1.16. Italy Resin Furniture Market Style, Value (US$ Bn), 2018 - 2030
                  5.5.1.17. Turkey Resin Furniture Market by Type, Value (US$ Bn), 2018 - 2030
                  5.5.1.18. Turkey Resin Furniture Market End-user, Value (US$ Bn), 2018 - 2030
                  5.5.1.19. Turkey Resin Furniture Market by Distribution Channel, Value (US$ Bn), 2018 - 2030
                  5.5.1.20. Turkey Resin Furniture Market Style, Value (US$ Bn), 2018 - 2030
                  5.5.1.21. Russia Resin Furniture Market by Type, Value (US$ Bn), 2018 - 2030
                  5.5.1.22. Russia Resin Furniture Market End-user, Value (US$ Bn), 2018 - 2030
                  5.5.1.23. Russia Resin Furniture Market by Distribution Channel, Value (US$ Bn), 2018 - 2030
                  5.5.1.24. Russia Resin Furniture Market Style, Value (US$ Bn), 2018 - 2030
                  5.5.1.25. Rest of Europe Resin Furniture Market by Type, Value (US$ Bn), 2018 - 2030
                  5.5.1.26. Rest of Europe Resin Furniture Market End-user, Value (US$ Bn), 2018 - 2030
                  5.5.1.27. Rest of Europe Resin Furniture Market by Distribution Channel, Value (US$ Bn), 2018 - 2030
                  5.5.1.28. Rest of Europe Resin Furniture Market Style, Value (US$ Bn), 2018 - 2030
            5.5.2. BPS Analysis/Market Attractiveness Analysis

6. Asia Pacific Resin Furniture Market Outlook, 2018 - 2030
     6.1. Asia Pacific Resin Furniture Market Outlook, by Type, Value (US$ Bn), 2018 - 2030
            6.1.1. Key Highlights
                  6.1.1.1. Polypropylene
                  6.1.1.2. Polystyrene
                  6.1.1.3. Acrylonitrile butadiene styrene
                  6.1.1.4. Polyvinyl Chloride
                  6.1.1.5. Polycarbonate
                  6.1.1.6. Others
     6.2. Asia Pacific Resin Furniture Market Outlook, by Application, Value (US$ Bn), 2018 - 2030
            6.2.1. Key Highlights
                  6.2.1.1. Residential
                  6.2.1.2. Commercial
                  6.2.1.3. Industrial
                  6.2.1.4. Institutional
     6.3. Asia Pacific Resin Furniture Market Outlook, by Distribution Channel, Value (US$ Bn), 2018 - 2030
            6.3.1. Key Highlights
                  6.3.1.1. Online
                  6.3.1.2. Offline
     6.4. Asia Pacific Resin Furniture Market Outlook, by Style, Value (US$ Bn), 2018 - 2030
            6.4.1. Key Highlights
                  6.4.1.1. Modern
                  6.4.1.2. Traditional
                  6.4.1.3. Niche
     6.5. Asia Pacific Resin Furniture Market Outlook, by Country, Value (US$ Bn), 2018 - 2030
            6.5.1. Key Highlights
                  6.5.1.1. China Resin Furniture Market by Type, Value (US$ Bn), 2018 - 2030
                  6.5.1.2. China Resin Furniture Market End-user, Value (US$ Bn), 2018 - 2030
                  6.5.1.3. China Resin Furniture Market by Distribution Channel, Value (US$ Bn), 2018 - 2030
                  6.5.1.4. China Resin Furniture Market Style, Value (US$ Bn), 2018 - 2030
                  6.5.1.5. Japan Resin Furniture Market by Type, Value (US$ Bn), 2018 - 2030
                  6.5.1.6. Japan Resin Furniture Market End-user, Value (US$ Bn), 2018 - 2030
                  6.5.1.7. Japan Resin Furniture Market by Distribution Channel, Value (US$ Bn), 2018 - 2030
                  6.5.1.8. Japan Resin Furniture Market Style, Value (US$ Bn), 2018 - 2030
                  6.5.1.9. South Korea Resin Furniture Market by Type, Value (US$ Bn), 2018 - 2030
                  6.5.1.10. South Korea Resin Furniture Market End-user, Value (US$ Bn), 2018 - 2030
                  6.5.1.11. South Korea Resin Furniture Market by Distribution Channel, Value (US$ Bn), 2018 - 2030
                  6.5.1.12. South Korea Resin Furniture Market Style, Value (US$ Bn), 2018 - 2030
                  6.5.1.13. India Resin Furniture Market by Type, Value (US$ Bn), 2018 - 2030
                  6.5.1.14. India Resin Furniture Market End-user, Value (US$ Bn), 2018 - 2030
                  6.5.1.15. India Resin Furniture Market by Distribution Channel, Value (US$ Bn), 2018 - 2030
                  6.5.1.16. India Resin Furniture Market Style, Value (US$ Bn), 2018 - 2030
                  6.5.1.17. Southeast Asia Resin Furniture Market by Type, Value (US$ Bn), 2018 - 2030
                  6.5.1.18. Southeast Asia Resin Furniture Market End-user, Value (US$ Bn), 2018 - 2030
                  6.5.1.19. Southeast Asia Resin Furniture Market by Distribution Channel, Value (US$ Bn), 2018 - 2030
                  6.5.1.20. Southeast Asia Resin Furniture Market Style, Value (US$ Bn), 2018 - 2030
                  6.5.1.21. Rest of Asia Pacific Resin Furniture Market by Type, Value (US$ Bn), 2018 - 2030
                  6.5.1.22. Rest of Asia Pacific Resin Furniture Market End-user, Value (US$ Bn), 2018 - 2030
                  6.5.1.23. Rest of Asia Pacific Resin Furniture Market by Distribution Channel, Value (US$ Bn), 2018 - 2030
                  6.5.1.24. Rest of Asia Pacific Resin Furniture Market Style, Value (US$ Bn), 2018 - 2030
            6.5.2. BPS Analysis/Market Attractiveness Analysis

7. Latin America Resin Furniture Market Outlook, 2018 - 2030
     7.1. Latin America Resin Furniture Market Outlook, by Type, Value (US$ Bn), 2018 - 2030
            7.1.1. Key Highlights
                  7.1.1.1. Polypropylene
                  7.1.1.2. Polystyrene
                  7.1.1.3. Acrylonitrile butadiene styrene
                  7.1.1.4. Polyvinyl Chloride
                  7.1.1.5. Polycarbonate
                  7.1.1.6. Others
     7.2. Latin America Resin Furniture Market Outlook, by Application, Value (US$ Bn), 2018 - 2030
            7.2.1. Key Highlights
                  7.2.1.1. Residential
                  7.2.1.2. Commercial
                  7.2.1.3. Industrial
                  7.2.1.4. Institutional
     7.3. Latin America Resin Furniture Market Outlook, by Distribution Channel, Value (US$ Bn), 2018 - 2030
            7.3.1. Key Highlights
                  7.3.1.1. Online
                  7.3.1.2. Offline
     7.4. Latin America Resin Furniture Market Outlook, by Style, Value (US$ Bn), 2018 - 2030
            7.4.1. Key Highlights
                  7.4.1.1. Modern
                  7.4.1.2. Traditional
                  7.4.1.3. Niche
     7.5. Latin America Resin Furniture Market Outlook, by Country, Value (US$ Bn), 2018 - 2030
            7.5.1. Key Highlights
                  7.5.1.1. Brazil Resin Furniture Market by Type, Value (US$ Bn), 2018 - 2030
                  7.5.1.2. Brazil Resin Furniture Market End-user, Value (US$ Bn), 2018 - 2030
                  7.5.1.3. Brazil Resin Furniture Market by Distribution Channel, Value (US$ Bn), 2018 - 2030
                  7.5.1.4. Brazil Resin Furniture Market Style, Value (US$ Bn), 2018 - 2030
                  7.5.1.5. Mexico Resin Furniture Market by Type, Value (US$ Bn), 2018 - 2030
                  7.5.1.6. Mexico Resin Furniture Market End-user, Value (US$ Bn), 2018 - 2030
                  7.5.1.7. Mexico Resin Furniture Market by Distribution Channel, Value (US$ Bn), 2018 - 2030
                  7.5.1.8. Mexico Resin Furniture Market Style, Value (US$ Bn), 2018 - 2030
                  7.5.1.9. Argentina Resin Furniture Market by Type, Value (US$ Bn), 2018 - 2030
                  7.5.1.10. Argentina Resin Furniture Market End-user, Value (US$ Bn), 2018 - 2030
                  7.5.1.11. Argentina Resin Furniture Market by Distribution Channel, Value (US$ Bn), 2018 - 2030
                  7.5.1.12. Argentina Resin Furniture Market Style, Value (US$ Bn), 2018 - 2030
                  7.5.1.13. Rest of Latin America Resin Furniture Market by Type, Value (US$ Bn), 2018 - 2030
                  7.5.1.14. Rest of Latin America Resin Furniture Market End-user, Value (US$ Bn), 2018 - 2030
                  7.5.1.15. Rest of Latin America Resin Furniture Market by Distribution Channel, Value (US$ Bn), 2018 - 2030
                  7.5.1.16. Rest of Latin America Resin Furniture Market Style, Value (US$ Bn), 2018 - 2030
            7.5.2. BPS Analysis/Market Attractiveness Analysis

8. Middle East & Africa Resin Furniture Market Outlook, 2018 - 2030
     8.1. Middle East & Africa Resin Furniture Market Outlook, by Type, Value (US$ Bn), 2018 - 2030
            8.1.1. Key Highlights
                  8.1.1.1. Polypropylene
                  8.1.1.2. Polystyrene
                  8.1.1.3. Acrylonitrile butadiene styrene
                  8.1.1.4. Polyvinyl Chloride
                  8.1.1.5. Polycarbonate
                  8.1.1.6. Others
     8.2. Middle East & Africa Resin Furniture Market Outlook, by Application, Value (US$ Bn), 2018 - 2030
            8.2.1. Key Highlights
                  8.2.1.1. Residential
                  8.2.1.2. Commercial
                  8.2.1.3. Industrial
                  8.2.1.4. Institutional
     8.3. Middle East & Africa Resin Furniture Market Outlook, by Distribution Channel, Value (US$ Bn), 2018 - 2030
            8.3.1. Key Highlights
                  8.3.1.1. Online
                  8.3.1.2. Offline
     8.4. Middle East & Africa Resin Furniture Market Outlook, by Style, Value (US$ Bn), 2018 - 2030
            8.4.1. Key Highlights
                  8.4.1.1. Modern
                  8.4.1.2. Traditional
                  8.4.1.3. Niche
     8.5. Middle East & Africa Resin Furniture Market Outlook, by Country, Value (US$ Bn), 2018 - 2030
            8.5.1. Key Highlights
                  8.5.1.1. GCC Resin Furniture Market by Type, Value (US$ Bn), 2018 - 2030
                  8.5.1.2. GCC Resin Furniture Market End-user, Value (US$ Bn), 2018 - 2030
                  8.5.1.3. GCC Resin Furniture Market by Distribution Channel, Value (US$ Bn), 2018 - 2030
                  8.5.1.4. GCC Resin Furniture Market Style, Value (US$ Bn), 2018 - 2030
                  8.5.1.5. South Africa Resin Furniture Market by Type, Value (US$ Bn), 2018 - 2030
                  8.5.1.6. South Africa Resin Furniture Market End-user, Value (US$ Bn), 2018 - 2030
                  8.5.1.7. South Africa Resin Furniture Market by Distribution Channel, Value (US$ Bn), 2018 - 2030
                  8.5.1.8. South Africa Resin Furniture Market Style, Value (US$ Bn), 2018 - 2030
                  8.5.1.9. Egypt Resin Furniture Market by Type, Value (US$ Bn), 2018 - 2030
                  8.5.1.10. Egypt Resin Furniture Market End-user, Value (US$ Bn), 2018 - 2030
                  8.5.1.11. Egypt Resin Furniture Market by Distribution Channel, Value (US$ Bn), 2018 - 2030
                  8.5.1.12. Egypt Resin Furniture Market Style, Value (US$ Bn), 2018 - 2030
                  8.5.1.13. Nigeria Resin Furniture Market by Type, Value (US$ Bn), 2018 - 2030
                  8.5.1.14. Nigeria Resin Furniture Market End-user, Value (US$ Bn), 2018 - 2030
                  8.5.1.15. Nigeria Resin Furniture Market by Distribution Channel, Value (US$ Bn), 2018 - 2030
                  8.5.1.16. Nigeria Resin Furniture Market Style, Value (US$ Bn), 2018 - 2030
                  8.5.1.17. Rest of Middle East & Africa Resin Furniture Market by Type, Value (US$ Bn), 2018 - 2030
                  8.5.1.18. Rest of Middle East & Africa Resin Furniture Market End-user, Value (US$ Bn), 2018 - 2030
                  8.5.1.19. Rest of Middle East & Africa Resin Furniture Market by Distribution Channel, Value (US$ Bn), 2018 - 2030
                  8.5.1.20. Rest of Middle East & Africa Resin Furniture Market Style, Value (US$ Bn), 2018 - 2030
            8.5.2. BPS Analysis/Market Attractiveness Analysis

9. Competitive Landscape
     9.1. Type vs Application Heatmap
     9.2. Manufacturer vs Application Heatmap
     9.3. Company Market Share Analysis, 2022
     9.4. Competitive Dashboard
     9.5. Company Profiles
            9.5.1. IKEA
                  9.5.1.1. Company Overview
                  9.5.1.2. Type Portfolio
                  9.5.1.3. Financial Overview
                  9.5.1.4. Business Strategies and Development
            9.5.2. Mainstay
                  9.5.2.1. Company Overview
                  9.5.2.2. Type Portfolio
                  9.5.2.3. Financial Overview
                  9.5.2.4. Business Strategies and Development
            9.5.3. McCourt
                  9.5.3.1. Company Overview
                  9.5.3.2. Type Portfolio
                  9.5.3.3. Financial Overview
                  9.5.3.4. Business Strategies and Development
            9.5.4. MityLite
                  9.5.4.1. Company Overview
                  9.5.4.2. Type Portfolio
                  9.5.4.3. Financial Overview
                  9.5.4.4. Business Strategies and Development
            9.5.5. Drake Corp.
                  9.5.5.1. Company Overview
                  9.5.5.2. Type Portfolio
                  9.5.5.3. Financial Overview
                  9.5.5.4. Business Strategies and Development
            9.5.6. Lifetime
                  9.5.6.1. Company Overview
                  9.5.6.2. Type Portfolio
                  9.5.6.3. Financial Overview
                  9.5.6.4. Business Strategies and Development
            9.5.7. Siddhi Polymers
                  9.5.7.1. Company Overview
                  9.5.7.2. Type Portfolio
                  9.5.7.3. Financial Overview
                  9.5.7.4. Business Strategies and Development
            9.5.8. Qingdao Blossom Furnishings Limited
                  9.5.8.1. Company Overview
                  9.5.8.2. Type Portfolio
                  9.5.8.3. Business Strategies and Development
            9.5.9. Comseat, Inc.
                  9.5.9.1. Company Overview
                  9.5.9.2. Type Portfolio
                  9.5.9.3. Financial Overview
                  9.5.9.4. Business Strategies and Development
            9.5.10. Gopak Furniture
                  9.5.10.1. Company Overview
                  9.5.10.2. Type Portfolio
                  9.5.10.3. Financial Overview
                  9.5.10.4. Business Strategies and Development
            9.5.11. Atlas Commercial Products
                  9.5.11.1. Company Overview
                  9.5.11.2. Type Portfolio
                  9.5.11.3. Financial Overview
                  9.5.11.4. Business Strategies and Development

10. Appendix
     10.1. Research Methodology
     10.2. Report Assumptions
     10.3. Acronyms and Abbreviations

BASE YEAR

HISTORICAL DATA

FORECAST PERIOD

UNITS

2022

 

2018 - 2022

2023 - 2030

Value: US$ Million

 

REPORT FEATURES

DETAILS

Type Coverage

  • Polypropylene
  • ABS Polymer
  • PVC
  • Polycarbonate
  • Polystyrene
  • Others

Application Coverage

  • Residential
  • Commercial
  • Industrial
  • Institutional

Style Coverage

  • Modern
  • Traditional
  • Niche

Distribution Channel Coverage

  • Online
  • Offline 

Geographical Coverage

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Rest of EU
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of APAC
  • Latin America
    • Brazil 
    • Mexico 
    • Rest of Latin America 
  • Middles East & Africa
    • GCC Countries 
    • South Africa 
    • Rest of Middle East & Africa

Leading Companies

  • IKEA
  • Mainstay
  • McCourt
  • MityLite
  • Drake Corp.
  • Lifetime
  • Siddhi Polymers
  • Qingdao Blossom Furnishings Limited
  • Comseat, Inc.
  • Gopak Furniture
  • Atlas Commercial Products

Report Highlights

Key Market Indicators, Macro-micro economic impact analysis, Technological Roadmap, Key Trends, Driver, Restraints, and Future Opportunities & Revenue Pockets, Porter’s 5 Forces Analysis, Historical Trend (2019-2021), Market Estimates and Forecast, Market Dynamics, Industry Trends, Competition Landscape, Category, Region, Country-wise Trends & Analysis, COVID-19 Impact Analysis (Demand and Supply Chain)

FAQs : Resin Furniture Market

The global market for resin furniture has been thriving at a healthy pace and is estimated to display a promising 5% CAGR during 2023 - 2030. By the end of the forecast year, the market size is expected to reach around US$25 Bn.

Polypropylene remains the most preferred type of resin furniture material throughout the forecast period. By adoption, the residential sector leads and will continue to be at the forefront. Regional analysis of the market reveals North America’s dominance.

Resin furniture is a type of outdoor furniture made from synthetic resin materials, typically polypropylene or polyethylene. It is known for its durability, resistance to weather, UV rays, and low maintenance requirements. Unlike natural materials like wood or metal, resin furniture doesn't require painting, staining, or sealing, making it an ideal choice for outdoor use.

Resin furniture can be eco-friendly when made from recycled materials or produced with sustainability in mind. Some manufacturers offer eco-conscious options by using recycled plastics in their resin furniture production. Additionally, resin furniture's long lifespan and low maintenance can reduce the need for frequent replacements, contributing to sustainability efforts.

Resin furniture is well-suited for various weather conditions. It is resistant to moisture and will not rot, warp, or corrode when exposed to rain or humidity. UV-resistant resin can withstand prolonged sun exposure without fading or deteriorating. However, extremely hot temperatures can make resin furniture feel warm to the touch, so cushions or shade may be advisable in such situations.

Our Research Methodology

Considering the volatility of business today, traditional approaches to strategizing a game plan can be unfruitful if not detrimental. True ambiguity is no way to determine a forecast. A myriad of predetermined factors must be accounted for such as the degree of risk involved, the magnitude of circumstances, as well as conditions or consequences that are not known or unpredictable. To circumvent binary views that cast uncertainty, the application of market research intelligence to strategically posture, move, and enable actionable outcomes is necessary.

View Methodology
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