Global Street Furniture Market Size By Product (Wood, Metal), By Application (Benches and Seats, Street Lightings and Traffic Signals, Barriers and Bollards), By Geographic Scope And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
Street Furniture Market size was valued at USD 10.38 Billion in 2024 and is projected to reach USD 16.52 Billion by 2031, growing at a CAGR of 6.45% from 2024 to 2031.
The growing demand for the traffic light and traffic signals to reduce road accidents is a major factor likely to drive the growth of the market over the forecast period. The Global Street Furniture Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
What is Street Furniture?
Think of "street furniture" as everything you see and use on the streets! It's all the stuff placed there to help us out in different ways. That includes things like benches, traffic barriers, bollards, post boxes, phone boxes, street lamps, traffic lights, and traffic signs. You'll also find bus stops, tram stops, taxi stands, public lavatories, fountains, watering troughs, memorials, and even those all-important waste receptacles. This stuff gives us places to rest, sit, eat, and even chat with friends. These spots are super important for older folks, people who don't get around easily, and parents with little kids. But even more than just being useful, things like benches and tables in parks and squares make these places feel welcoming and inviting, drawing people together.
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Global Street Furniture Market Overview
As cities get bigger, it really gives the market a boost! Think about street furniture - all those benches, signs, and things you see around town. They're there to make life easier for everyone. And speaking of important stuff, traffic lights are HUGE. They're going to be even more vital as countries build more roads, both in cities and between them. Because honestly, everyone wants fewer accidents, right? That demand for traffic lights is a major driver for market growth. But here's the thingmaking things from aluminium, iron, and other metals is getting expensive. That pushes up the cost of making street furniture, which eats into profits and can slow the whole market down.
Global Street Furniture MarketSegmentation Analysis
The Global Street Furniture Market is segmented on the basis of Product, Application, and Geography.
Street Furniture Market, By Product
• Wood• Metal• Others
To Get Summarized Market Report By Product-
Based on Product, the market is bifurcated into Wood, Metal, and Others. Wood accounted for the largest market share in 2020. Wood is a popular choice of material for street furniture, due to the fact it is a natural material that feels hotter in a cold climate and cooler in a warm climate, unlike metals.
Street Furniture Market, By Application
• Benches and Seats• Street Lightings and Traffic Signals• Barriers and Bollards• Other
To Get Summarized Market Report By Application-
On the basis of Application, the Global Street Furniture Market has been segmented into Benches and Seats, Street Lightings and Traffic Signals, Barriers and Bollards, and Other. Benches and Seats accounted for the largest market share in 2020. Timber seats and benches offer a comfortable and aesthetically pleasing solution.
Street Furniture Market, By Geography
• North America• Europe• Asia Pacific• Rest of the world
To Get Summarized Market Report By Geography-
On the basis of regional analysis, the Global Street Furniture Market is classified into North America, Europe, Asia Pacific and Rest of the world. North America is expected to hold the largest market share of the Street Furniture over the forecast period followed by Europe. Increasing urban population and rising investment in the infrastructure boosting the United States Street furniture market during the forecast period.
Key Players
The “Global Street Furniture Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such as Glasdon International Limited, Streetlife, Bailey Street Furniture Group, Furnitubes International, Langley Design Limited, All Urban Limited, Urbastyle, and Others.
The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Key Developments
• Transforming Urban Spaces with Exciting collaborated of Leading Street Furniture Brands
• All Urban joined with FinBin to Distribute Innovative Smart Bins to UK Market
Report Scope
REPORT ATTRIBUTES
DETAILS
STUDY PERIOD
2021-2031
BASE YEAR
2024
FORECAST PERIOD
2024-2031
HISTORICAL PERIOD
2021-2023
UNIT
Value (USD Billion)
KEY COMPANIES PROFILED
Glasdon International Limited, Streetlife, Bailey Street Furniture Group, Furnitubes International, Langley Design Limited, All Urban Limited, Urbastyle, and Others.
SEGMENTS COVERED
By Product
By Application
By Geography
CUSTOMIZATION SCOPE
Free report customization (equivalent to up to 4 analysts’ working days) with purchase. Addition or alteration to country, regional & segment scope.
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Research Methodology of Market Research
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Reasons to Purchase this Report
We take a good look at the market, breaking it down by both financial and other less obvious factors. Then, we give you the numbers – the market value (in USD Billion) for each piece of the market we've identified. You'll see which region and segment is predicted to grow the fastest and be the biggest. We also dive deep into each geographic area, showing you how much of the product/service is being used there and what's influencing the market. Plus, we size up the competition, ranking the major players and highlighting their latest moves – new products, partnerships, expansions, and acquisitions from the last five years. You'll get detailed company profiles with overviews, insights, product comparisons, and SWOT analyses for the key players. We'll give you the current and future outlook for the industry, pointing out growth opportunities, drivers, challenges, and restraints in both new and established regions. Expect an in-depth look at the market through Porter's five forces analysis and a clear view of the Value Chain. Finally, we lay out the market dynamics and future growth possibilities, all backed by 6 months of post-sales analyst support.
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