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Global Plastic Folding Chairs Market Size By Material Type, By End-User/Application, By Distribution Channel, By Geographic Scope And Forecast


Published on: 2024-08-07 | No of Pages : 320 | Industry : latest updates trending Report

Publisher : MIR | Format : PDF&Excel

Global Plastic Folding Chairs Market Size By Material Type, By End-User/Application, By Distribution Channel, By Geographic Scope And Forecast

Plastic Folding Chairs Market Size And Forecast

Plastic Folding Chairs Market size was valued at USD 133.61 Billion in 2023 and is projected to reach USD 159.18 Billion by 2030, growing at a CAGR of 2.97% during the forecast period 2024-2030.

Global Plastic Folding Chairs Market Drivers

The market drivers for the Plastic Folding Chairs Market can be influenced by various factors. These may include

  • Convenience and VersatilityPlastic folding chairs are renowned for their ease of use and versatility. They are appropriate for a variety of indoor and outdoor events because they are lightweight, portable, and foldable for storage. One important aspect influencing their adoption in a variety of contexts is convenience.
  • Cost-effectivenessCompared to other seating solutions like wooden or metal chairs, plastic folding chairs are frequently less expensive. Their affordability renders them a desirable option for customers on a tight budget, event coordinators, and enterprises.
  • Durability and Low MaintenancePlastic folding chairs are low maintenance, weather-resistant, and long-lasting. Their tenacity makes them a popular option for outdoor gatherings and pursuits, which fuels their market demand.
  • Growth of the Event and Rental sectorThe demand for plastic folding chairs is mostly driven by the expansion of the event and rental sector. There is a consistent market need for these chairs since they are frequently rented for conferences, weddings, parties, and other occasions.
  • Customization OptionsPlastic folding chair manufacturers frequently provide a range of colors and patterns so that buyers can select items that complement their style tastes. Possibilities for customization can be a powerful catalyst for industry expansion and consumer engagement.
  • Usage in Corporate and Institutional SettingsCommunity centers, educational institutions, and corporate settings all make substantial use of plastic folding chairs. They are well-liked in areas that need variable seating configurations because of how simple they are to use and store.
  • Eco-Friendly OptionsAs environmental concerns develop, the market may expand if eco-friendly and recyclable plastic folding chairs become more widely available. Businesses and consumers may favor products that support sustainability objectives.
  • E-commerce GrowthCustomers may now more easily access a large selection of plastic folding chairs online thanks to the emergence of e-commerce platforms. Online shopping’s convenience helps to expand a market and boost sales.
  • Government Standards and RegulationsAdherence to quality and safety requirements established by regulatory bodies can have a favorable impact on the market. Manufacturers who follow these guidelines could get a competitive advantage and increase customer trust.
  • International Events and ConferencesThe need for plastic folding chairs is influenced by international events, conferences, and exhibits, particularly in locations that need temporary seating arrangements.

Global Plastic Folding Chairs Market Restraints

Several factors can act as restraints or challenges for the Plastic Folding Chairs Market. These may include

  • Perception of Low QualityWhen compared to materials like metal or wood, folding chairs made of plastic are occasionally thought to be of lower quality. For manufacturers, overcoming this impression and highlighting the strength and durability of contemporary plastic materials can be difficult.
  • Environmental ConcernsAlthough plastic folding chairs are frequently strong and lightweight, there are increasing worries about how plastic trash is affecting the environment. The market for conventional plastic chairs may be impacted by customers’ and businesses’ preference for more environmentally friendly or biodegradable alternatives.
  • Restricted Design AestheticsIn contrast to other materials, plastic foldable chairs could provide fewer design possibilities. Their attractiveness to buyers who value style and design over aesthetics may be impacted by this limitation.
  • Competition from Other MaterialsAlternative seating materials such as wood, metal, and even resin present competition for the market for plastic folding chairs. The development of plastic folding chairs may be slowed down by consumer preferences for other materials, which provide distinctive qualities and aesthetics.
  • Price Wars and MarginsManufacturers’ and suppliers’ profit margins may be impacted by price wars that arise from fierce market competition. For businesses in the plastic folding chair market, this pricing pressure may pose a serious challenge.
  • Restricted Comfort FeaturesWhen compared to padded or cushioned seating solutions, plastic folding chairs may be thought to be less comfortable. It can be difficult to satisfy consumer demand for cozier designs without sacrificing folding chair functionality.
  • Seasonal DemandThe demand for plastic folding chairs varies with the weather and the timing of events. Demand fluctuations can be difficult for manufacturers to plan their production and manage their inventories.
  • Logistical DifficultiesFor companies that provide rental services in particular, moving and storing big amounts of plastic folding chairs might provide logistical difficulties. In some areas, figuring out how to manage logistics effectively and economically can be a barrier.
  • Regulatory ComplianceManufacturers may face difficulties in complying with changing regulations, particularly those concerning product safety and environmental standards. It could be necessary to modify the materials and manufacturing processes to comply with these criteria.

Global Plastic Folding Chairs Market Segmentation Analysis

The Global Plastic Folding Chairs Market is Segmented on the basis of Material Type, End-User/Application, Distribution Channel, and Geography.

Plastic Folding Chairs Market, By Material Type

  • Polypropylene (PP) Chairs Chairs made from polypropylene, a thermoplastic polymer known for its durability and versatility.
  • Polyethylene (PE) Chairs Chairs constructed with polyethylene, another type of thermoplastic, often chosen for its flexibility and resistance to impact.

Plastic Folding Chairs Market, By End-User/Application

  • Commercial Use Chairs designed for use in commercial settings like offices, conference rooms, and event venues.
  • Residential Use Chairs intended for household use, such as extra seating for parties or outdoor events.

Plastic Folding Chairs Market, By Distribution Channel

  • Online Retailers Chairs sold through online platforms and e-commerce websites.
  • Brick-and-Mortar Stores Chairs available in physical stores, including furniture retailers and home improvement stores.

Plastic Folding Chairs Market, By Geography

  • North AmericaMarket conditions and demand in the United States, Canada, and Mexico.
  • EuropeAnalysis of the Plastic Folding Chairs Market in European countries.
  • Asia-PacificFocusing on countries like China, India, Japan, South Korea, and others.
  • Middle East and AfricaExamining market dynamics in the Middle East and African regions.
  • Latin AmericaCovering market trends and developments in countries across Latin America.

Key Players

The major players in the Plastic Folding Chairs Market are

  • IKEA
  • Mainstay
  • McCourt
  • MityLite
  • Drake
  • Lifetime
  • Siddhi Polymers
  • Qingdao Blossom Furnishings
  • Comseat
  • Adams
  • Gopak
  • XinYiMei Hotel Furniture
  • Atlas Commercial Products
  • Meco Corporation
  • COSCO

Report Scope

Report AttributesDetails
Study Period

2020-2030

Base Year

2023

Forecast Period

2024-2030

Historical Period

2020-2022

Unit

Value (USD Billion)

Key Companies Profiled

IKEA, Mainstay, McCourt, MityLite, Drake, Lifetime, Siddhi Polymers, Qingdao Blossom Furnishings, Comseat, Adams, Gopak

Segments Covered

By Material Type, By End-User/Application, By Distribution Channel, and By Geography.

Customization scope

Free report customization (equivalent to up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope.

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• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

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