Furniture Plastic Market worth $21.55 billion by 2030 - Exclusive Report by MarketsandMarkets™
DELRAY BEACH, Fla., Jan. 19, 2026 /PRNewswire/ -- According to MarketsandMarkets, "Furniture Plastic Market by Plastic Type (Virgin Grade, Compounded Grade), Composition (Unfilled, Mineral Filled, Glass Fiber Reinforced, Other Compositions), Furniture Type, Application, End-use Industry, and Region - Global Forecast to 2030", The furniture plastic market is projected to reach USD 21.55 billion by 2030 from USD 15.95 billion in 2025, at a CAGR of 6.2% during the forecast period.
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Furniture Plastic Market Size & Forecast:
- Market Size Available for Years: 2025-2030
- 2025 Market Size: USD 15.95 billion
- 2030 Projected Market Size: USD 21.55 billion
- CAGR (2025-2030): 6.2%
Furniture Plastic Market Trends & Insights:
- The demand for furniture plastics is predicted to rise due to the increasing trend of urbanization and the growth of commercial and institutional infrastructure in both developed and developing countries. Affordable, lightweight, and durable furniture products are increasingly being preferred in residential housing, offices, hotels, hospitals, and schools, thus accelerating the penetration of plastics as substitutes for wood and metal. The expansion of modular, ready-to-assemble, and space-saving furniture, particularly in urban areas with high population density, is expected to be a major factor in driving market demand. The increasing costs of logistics, labor, and materials, coupled with the need for faster production cycles, are among the reasons why furniture manufacturers are adopting advanced plastic processing and injection molding techniques to reduce material wastage and increase production efficiency.
- Asia Pacific accounted for the largest share of 40.0% in the global furniture plastic market in 2024.
- By plastic type, the virgin grade segment is expected to register the highest CAGR of 5.8% from 2025 to 2030, in terms of value.
- By composition, the unfilled segment is expected to grow at the highest CAGR of 6.1% during the forecast period.
- By furniture type, the institutional furniture segment is expected to dominate the market from 2025 to 2030, in terms of value.
- By application, the indoor segment is expected to dominate the market in 2024 in terms of value.
- By end-use industry, the residential segment is projected to grow at the highest rate during the forecast period.
- Keter, Inter IKEA Systems B.V., Nilkamal, and Tramontina are identified as Star players in the furniture plastic market. They are focused on innovation and have broad industry coverage and strong operational & financial strength.
- Prima Plastics, Vondom, and Kartell S.p.A., among others, have distinguished themselves among startups and SMEs due to their strong product portfolios and effective business strategies.
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Furniture plastics facilitate technically efficient, long-lasting, and affordable solutions to residential, commercial, and institutional furniture. These materials play a major role in furniture component mass production. Plastics have made it possible for furniture to be produced in large quantities and at a low price, thereby making the furniture more affordable for the urban market. Furthermore, they are moisture, termite, and corrosion resistant, which makes them very popular in apartments and small living areas. Advanced plastic solutions for furniture, such as reinforced polypropylene, ABS, and mineral-filled compounds, provide better load-bearing capacity, dimensional stability, and design flexibility. Additionally, the increasing awareness of environmental issues and regulations regarding recyclability are some of the factors that have led to the use of recycled wood-based plastics. These developments place furniture plastics as a significant factor for the realization of the sustainability goals of the industry in terms of energy, material, and process efficiency, and the scalability of furniture manufacturing worldwide.
The outdoor segment is estimated to grow at the second-highest CAGR during the forecast period.
The outdoor segment is anticipated to be the second-fastest-growing application of the furniture plastics market during the forecast period. The increase in the demand for weather-resistant, light, and low-maintenance furniture for residential gardens, hospitality spaces, public parks, and recreational facilities is the main driver of the growth. Plastic materials like polypropylene, polyethylene, and reinforced composites are extensively used in outdoor furniture because of their resistance to moisture, UV radiation, corrosion, and temperature changes. Besides, the rise of outdoor living trends, the growth of tourism and hospitality infrastructure, and the increasing investments in public and commercial outdoor spaces are some of the factors that are further accelerating the demand. Moreover, manufacturers are progressively using UV-stabilized, recycled, and high-durability plastic formulations to improve product lifespan and sustainability, thus facilitating consistent market growth in this segment.
The commercial segment is expected to be the second-fastest-growing end-use industry during the forecast period.
The commercial segment is projected to be the second-fastest-growing end-use sector in the furniture plastics market. The growth of the market in this segment is attributed to numerous extended facilities, such as offices, educational institutions, healthcare sectors, and retail outlets that need durable, cost-efficient, and easy-to-maintain furniture solutions. Plastic furniture is now more likely to be chosen for commercial spaces than other materials due to its easy-to-handle feature, endless design possibilities, high impact resistance, and suitability for high-traffic usage. The growing number of co-working spaces, rapid retail and hospitality infrastructure development, and continuous commercial interior refurbishment are some of the factors leading to the growth. The increasing focus on hygiene, modular layouts, and quick installation is also increasing their adoption in commercial sectors.
Europe is projected to be the second-fastest-growing market for furniture plastics during the forecast period.
Europe's mature furniture manufacturing base, especially in countries like Germany, Italy, France, and Poland, is the main source of the consistent demand for plastic compounds and components of advanced materials. The increasing urbanization, renovation activities, and the rapid growth of modular and ready-to-assemble furniture are the main factors pushing the market expansion. Moreover, strict environmental laws associated with the EU circular economy policies are forcing manufacturers to use recycled and bio-based plastics, thereby promoting innovations and speeding up the transition towards sustainable furniture plastic solutions in the region.
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Key Players
The report profiles key companies, such as Keter Group (Israel), Nilkamal (India), Supreme Industries Limited (India), Tramontina (Brazil), Cello (India), Inter IKEA Systems B.V. (Netherlands), MillerKnoll, Inc. (US), Grosfillex (France), Poly-Wood, LLC (US), NARDI S.p.A. (Italy), and Harwal Group of Companies (UAE).
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