Authored By: Sarah
11 Jul 2024

 Street Furniture Market to grow by USD 1177.14 million between 2024-2028

According to a research report “ Street Furniture Market” by Distribution Channel (Offline, Online) Type (Metal furniture, Wood furniture, Plastic furniture) Geography (North America, APAC, Europe, South America, Middle East and Africa)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 1177.14 million at a CAGR of  3.71% during the forecast period. In the Street Furniture Market, composite wooden furniture has emerged as a viable alternative to traditional wooden pieces. Manufactured from recycled wood and plastic products, this eco-friendly option boasts a low-maintenance profile and close resemblance to wood. Vendors offer cap stock-coated variants, enhancing resistance to environmental degradation. Composite wooden furniture's sustainability contributes to environmentally conscious urban development, reducing natural wood resource demand and preserving forests. Its longevity leads to decreased replacement frequency and lower maintenance costs for municipalities and businesses..

Browse market data tables, figures, and in-depth TOC on “Street Furniture Market” by Distribution Channel (Offline, Online) Type (Metal furniture, Wood furniture, Plastic furniture) Geography (North America, APAC, Europe, South America, Middle East and Africa) Global Forecast to 2028.

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By Distribution Channel, the Offline segment is projected to dominate the market size in 2024.

In the Street Furniture Market, metal furniture, specifically steel and aluminum, is a preferred choice due to its superior durability and weather resistance. This attribute is crucial for withstanding harsh environmental conditions, extending the product lifespan significantly compared to alternatives like wood or plastic. Metal furniture's non-porous nature minimizes maintenance requirements, reducing dirt and grime accumulation, and ultimately lowering long-term costs for businesses. Leading vendors, such as Broxap, provide a comprehensive range of metal street furniture, including benches, bollards, and litter bins, manufactured from premium steel and aluminum.

By Type, Metal furniture  segment is expected to hold the largest market size for the year 2024.

In the global street furniture market, offline distribution channels such as specialty stores, hypermarkets, supermarkets, department stores, and bedding stores play a pivotal role. These channels provide a tangible experience for luxury furniture buyers, with knowledgeable personnel offering comprehensive product information, including technicalities, features, advantages, quality, and pricing. Offline distribution is favored by vendors, manufacturers, and distributors due to the tangible nature of street furniture and the importance of providing customers with a tactile understanding of their purchases.

North America is forecasted to hold the largest market size by region in 2024.

The North American street furniture market is projected to experience consistent expansion throughout the forecast period, with the region leading the global market. Key contributors to this growth include the US, Canada, and Mexico, driven by the real estate sector's expansion and increasing urban population. Additionally, rising consumer income and surging travel trends, particularly in tourist hotspots, are boosting market demand.

The Street Furniture Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:

  • AREA
  • Area Safe Products Pty Ltd.
  • Artform Urban Furniture
  • Benito Urban
  • Beruru Private Ltd.
  • Broxap Ltd
  • Daktronics Inc.
  • Edilportale.com SpA
  • ENVIRONMENTAL STREET FURNITURE LTD
  • EP Draffin Manufacturing Pty Ltd.
  • Furnitubes International Ltd
  • Inter IKEA Holding BV
  • Macemain plus Amstad 
  • Marshalls Mono Ltd.
  • Newton Brown LLC
  • Ozone Overseas Pvt. Ltd
  • Saflow Product Pvt. Ltd.
  • Street Furniture Australia Pty Ltd.
  • STREETLIFE America LLC
  • STREETPARK sro
.

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Research Analysis Overview

The Street Furniture Market encompasses a wide range of products designed for enhancing the aesthetic value and functionality of public spaces. These include Outdoor Living Spaces such as benches, made from various Materials like Plastic Furniture or Wood Furniture. Remote Monitoring and IoT capabilities are increasingly being integrated into Street Furniture, enabling features like Interactive Digital Kiosks, Charging Stations, and Solar-Powered Benches. System integrators play a crucial role in bringing together these advanced technologies. Solar-Powered Lighting and Wi-Fi Connectivity are essential components of modern Street Furniture, ensuring public spaces are well-lit and digitally connected. Other essential infrastructure includes Garbage Cans, Bicycle Racks, Traffic Lights, Street Lamps, Phone Boxes, Post Boxes, Bollards, and Traffic Barriers. Schools, Gardens, Shopping Centers, and other public spaces benefit significantly from the installation of these advanced and sustainable Street Furniture solutions.

Market Research Overview

The Street Furniture Market encompasses a wide range of products designed for urban public spaces, including Garbage Cans, Bollards, Frames for Table and Chairs, Interactive Digital Kiosks, Charging Stations, and Solar-powered Benches. These elements play a crucial role in Placemaking and Outdoor Living Spaces, enhancing the Aesthetic Value of public areas. Street Furniture Manufacturers integrate IoT capabilities into their designs, enabling Remote Monitoring and maintenance of these structures. Materials used in production vary, with Metal, Wood, and Aluminum being common choices. System integrators ensure seamless integration of IoT, Solar-powered Lighting, Wi-Fi Connectivity, and other advanced features. Street Furniture includes various elements such as Garbage cans, Bicycle racks, Benches and Seats, Barriers and Bollards, and Memorials like Watering Troughs, Fountains, Public Lavatories, Taxi Stands, Tram Stops, Bus Stops, Traffic Signs, Traffic Lights, Street Lamps, Phone Boxes, and Post Boxes. Infrastructures like Roads, Traffic Lights, Waste Receptacles, and various transportation stops are essential components of urban life, and Street Furniture plays a vital role in their successful implementation.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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