The global concrete furniture market is expected to witness a substantial compound annual growth rate (CAGR) of approximately 7% in the forecast period from 2023 to 2030. This growth is propelled by several factors, including the growing appeal of concrete furniture as a sustainable and long-lasting alternative to conventional furniture crafted from wood and other materials. Concrete furniture is finding extensive use in diverse commercial environments like hotels, cafes, and restaurants, contributing significantly to the heightened demand for this particular category of furniture.
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Market Trends:
- Rising popularity of industrial and minimalist design styles: Concrete furniture is a popular choice for industrial and minimalist design styles, which are becoming increasingly popular. Concrete furniture has a clean, simple look that complements these styles well.
- Versatility of concrete furniture: Concrete furniture can be used in a variety of settings, including indoor and outdoor spaces, residential and commercial spaces. This versatility is driving demand for concrete furniture.
- Durability of concrete furniture: Concrete furniture is extremely durable and can withstand heavy use. This makes it a good choice for high-traffic areas, such as restaurants and bars.
- Growing awareness of sustainable design: Concrete is a sustainable material that can be recycled and reused. This is appealing to consumers who are becoming more aware of the environmental impact of their purchases.
According to the recent report published by RC Market Analytics, the Global Concrete Furniture Market is expected to provide sustainable growth opportunities during the forecast period from 2023 to 2030. This latest industry research study analyzes the concrete furniture market by various product segments, applications, regions and countries while assessing regional performances of numerous leading market participants. The report offers a holistic view of the concrete furniture industry encompassing numerous stakeholders including raw material suppliers, providers, distributors, consumers and government agencies, among others. Furthermore, the report includes detailed quantitative and qualitative analysis of the global concrete furniture market considering market history, product development, regional dynamics, competitive landscape, and key success factors (KSFs) in the industry.
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Geographically, the concrete furniture market report comprises dedicated sections centering on the regional market revenue and trends. The concrete furniture market has been segmented on the basis of geographic regions into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Concrete furniture market estimates have also been provided for the historical years 2020 & 2021 along with forecast for the period from 2023 – 2030. The report includes a deep-dive analysis of key countries including the U.S., Canada, the U.K., Germany, France, Italy, China, Japan, India, Australia, Mexico, Brazil and South Africa, among others. Thereby, the report identifies unique growth opportunities across the world based on trends occurring in various developed and developing economies.
The Concrete Furniture Market Segmentation:
By Product Type:
- Tables
- Chairs
- Benches
- Planter
- Others
By Application:
- Indoor
- Outdoor
By End-User:
- Residential
- Commercial
By Distribution Channel:
- Offline
- Online
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
The concrete furniture market is highly fragmented, with several small and large players operating in the market. Some of the major companies operating in the market include Concrete Collaborative, Urbastyle, Sonoma Cast Stone, Kornegay Design, JM Lifestyles, Béton Studio, Haddonstone Ltd., and Others.
Recent Development:
- In June 2021, the German furniture brand, Dedon, launched a new collection of outdoor furniture made from a special concrete mix. The collection, called “Brea,” includes a range of seating options, tables, and planters.
- In May 2021, the Italian furniture manufacturer, Moroso, launched a new collection of concrete benches and tables designed by the Spanish architect, Patricia Urquiola. The collection, called “Gogan,” features curved and modular shapes and a range of vibrant colors.
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Key Questions Answered by Concrete Furniture Market Report:
- Product popularity and adoption based on various country-level dynamics
- Regional presence and product development for leading market participants
- Market forecasts and trend analysis based on ongoing investments and economic growth in key countries
- Competitive landscape based on revenue, product offerings, years of presence, number of employees and market concentration, among others
- Various industry models such as SWOT analysis, Pestle Analysis, Porter’s Five Force model, Value Chain Analysis pertaining to Concrete Furniture market
- Analysis of the key factors driving and restraining the growth of the global, regional and country-level markets from 2020-2027
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