Market Overview:
The global resin folding chairs market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for resin folding chairs from residential and commercial applications. In terms of type, the polypropylene segment is expected to lead the global resin folding chairs market during the forecast period. This can be attributed to its properties such as durability, resistance against corrosion and heat, and low weight.
Product Definition:
Resin folding chairs are foldable chairs made from resin. They are often used outdoors because they are weatherproof, but they can also be used indoors.
Polypropylene:
Polypropylene (PP) is a synthetic, non-toxic, lightweight and durable plastic with excellent chemical & temperature resistance. PP is widely used in the automotive industry for manufacturing components such as engine covers, transmission cases and other molded parts. Polypropylene has replaced many traditional materials including metals in various applications due to its light weight property which reduces the overall vehicle's weight thereby increasing fuel efficiency.
ABS Polymer:
ABS polymer, which is short for Acrylonitrile Butadiene Styrene, is a thermoplastic polymer. It's produced by the catalytic oxidation of acrylonitrile and butadiene. ABS polymers are used in various applications including toys & games, kitchen utensils & appliances, furniture & seating (recliners), automotive components (wheel covers), electronic devices and packaging among others.
The global ABS Polymer market size was valued at USD 7.
Application Insights:
The residential application segment accounted for the largest share of more than 60.0% in 2017. Rising demand for resin chairs due to their lightweight and affordable prices is expected to drive the segment over the forecast period. Increasing disposable income, especially in emerging economies such as China, India and Brazil is also likely to contribute positively towards industry growth over the next eight years.
Resin folding chairs are widely used in various commercial applications including hotels, restaurants and clubs owing to their compact size that allows easy storage when not in use. These chairs can be stored at a lower height thereby occupying less space compared with other chair types available in market place or club rooms where these products are used on a permanent basis or during special events held at hotels/restaurants/clubs frequently.
Regional Analysis:
Asia Pacific dominated the global resin folding chairs market in 2017 owing to increasing demand from residential and commercial application segments, respectively. The region is expected to maintain its dominance over the forecast period as well. This can be attributed to rising population, rapid urbanization, and growing disposable income of consumers. Moreover, government initiatives encouraging people to use eco-friendly products are likely to contribute toward product demand in this region.
Europe accounted for a significant share of revenue in 2017 due with high adoption rate of new technologies across major countries such as Germany and U.K.
Growth Factors:
- Increasing demand for resin folding chairs from the hospitality sector as they are durable and easy to clean.
- Rising popularity of resin folding chairs among event planners as they are lightweight and can be easily transported.
- Growing demand for resin folding chairs from educational institutions as they are sturdy and can withstand heavy use.
- Increasing use of resin folding chairs in corporate events due to their elegant design and affordable price point.
Scope Of The Report
Report Attributes
Report Details
Report Title
Resin Folding Chairs Market Research Report
By Type
Polypropylene, ABS Polymer, Others
By Application
Residential, Commercial
By Companies
IKEA, Mainstay, McCourt, MityLite, Drake, Lifetime, Siddhi Polymers, Qingdao Blossom Furnishings, Comseat, Gopak, XinYiMei Hotel Furniture, Atlas Commercial Products, Meco Corporation, COSCO
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Resin Folding Chairs Market Report Segments:
The global Resin Folding Chairs market is segmented on the basis of:
Types
Polypropylene, ABS Polymer, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Commercial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- IKEA
- Mainstay
- McCourt
- MityLite
- Drake
- Lifetime
- Siddhi Polymers
- Qingdao Blossom Furnishings
- Comseat
- Gopak
- XinYiMei Hotel Furniture
- Atlas Commercial Products
- Meco Corporation
- COSCO
Highlights of The Resin Folding Chairs Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Polypropylene
- ABS Polymer
- Others
- By Application:
- Residential
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Resin Folding Chairs Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Resin folding chairs are a type of chair that is made from resin. They are often used in places where space is limited, such as at events or festivals. Resin folding chairs are easy to transport and can be folded up quickly so they can be stored away when not needed.
Some of the key players operating in the resin folding chairs market are IKEA, Mainstay, McCourt, MityLite, Drake, Lifetime, Siddhi Polymers, Qingdao Blossom Furnishings, Comseat, Gopak, XinYiMei Hotel Furniture, Atlas Commercial Products, Meco Corporation, COSCO.
The resin folding chairs market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Resin Folding Chairs Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Resin Folding Chairs Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Resin Folding Chairs Market - Supply Chain
4.5. Global Resin Folding Chairs Market Forecast
4.5.1. Resin Folding Chairs Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Resin Folding Chairs Market Size (000 Units) and Y-o-Y Growth
4.5.3. Resin Folding Chairs Market Absolute $ Opportunity
5. Global Resin Folding Chairs Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Resin Folding Chairs Market Size and Volume Forecast by Type
5.3.1. Polypropylene
5.3.2. ABS Polymer
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Resin Folding Chairs Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Resin Folding Chairs Market Size and Volume Forecast by Application
6.3.1. Residential
6.3.2. Commercial
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Resin Folding Chairs Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Resin Folding Chairs Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Resin Folding Chairs Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Resin Folding Chairs Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Resin Folding Chairs Demand Share Forecast, 2019-2026
9. North America Resin Folding Chairs Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Resin Folding Chairs Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Resin Folding Chairs Market Size and Volume Forecast by Application
9.4.1. Residential
9.4.2. Commercial
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Resin Folding Chairs Market Size and Volume Forecast by Type
9.7.1. Polypropylene
9.7.2. ABS Polymer
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Resin Folding Chairs Demand Share Forecast, 2019-2026
10. Latin America Resin Folding Chairs Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Resin Folding Chairs Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Resin Folding Chairs Market Size and Volume Forecast by Application
10.4.1. Residential
10.4.2. Commercial
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Resin Folding Chairs Market Size and Volume Forecast by Type
10.7.1. Polypropylene
10.7.2. ABS Polymer
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Resin Folding Chairs Demand Share Forecast, 2019-2026
11. Europe Resin Folding Chairs Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Resin Folding Chairs Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Resin Folding Chairs Market Size and Volume Forecast by Application
11.4.1. Residential
11.4.2. Commercial
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Resin Folding Chairs Market Size and Volume Forecast by Type
11.7.1. Polypropylene
11.7.2. ABS Polymer
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Resin Folding Chairs Demand Share, 2019-2026
12. Asia Pacific Resin Folding Chairs Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Resin Folding Chairs Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Resin Folding Chairs Market Size and Volume Forecast by Application
12.4.1. Residential
12.4.2. Commercial
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Resin Folding Chairs Market Size and Volume Forecast by Type
12.7.1. Polypropylene
12.7.2. ABS Polymer
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Resin Folding Chairs Demand Share, 2019-2026
13. Middle East & Africa Resin Folding Chairs Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Resin Folding Chairs Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Resin Folding Chairs Market Size and Volume Forecast by Application
13.4.1. Residential
13.4.2. Commercial
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Resin Folding Chairs Market Size and Volume Forecast by Type
13.7.1. Polypropylene
13.7.2. ABS Polymer
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Resin Folding Chairs Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Resin Folding Chairs Market: Market Share Analysis
14.2. Resin Folding Chairs Distributors and Customers
14.3. Resin Folding Chairs Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. IKEA
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Mainstay
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. McCourt
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. MityLite
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Drake
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Lifetime
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Siddhi Polymers
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Qingdao Blossom Furnishings
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Comseat
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Gopak
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. XinYiMei Hotel Furniture
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Atlas Commercial Products
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Meco Corporation
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COSCO
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook