Strong Growth Ahead: Street Furniture Market Size To Grow At Arecord 6.4% Cagr By 2029

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How Big Is the Street Furniture Market Size Expected to Be by 2034?
The market size for street furniture has seen a robust increase in the recent past. The growth is projected to escalate from $9.86 billion in 2024 to $10.52 billion in 2025, presenting a compound annual growth rate (CAGR) of 6.7%. The historic growth pattern is a result of factors such as burgeoning urbanization, expansion in the real estate sector, progress in the hospitality and real estate spheres, an upswing in the demand for outdoor living areas, and burgeoning opportunities in research and development.It is anticipated that the street furniture market will experience robust expansion in the coming years, reaching $13.47 billion in 2029 with a 6.4% compound annual growth rate (CAGR). Several factors are contributing to this growth projection, including the popularity of outdoor entertainment, increased spending on urban infrastructure, the prevalence of e-commerce and online shopping, growing interior design trends, and an increase in versatile outdoor furniture options. The forecast period is also expected to see particular trends such as technological progress, eco-friendly and sustainable solutions, breakthroughs in materials and technology, an emphasis on aesthetics and creating a sense of place, as well as the incorporation of intelligent technology.

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What Are the Emerging Segments Within the Street Furniture Market?
The street furniture market covered in this report is segmented -

1) By Product: Wood Furniture, Plastic Furniture, Metal Furniture, Other Products
2) By Application: Benches And Seats, Street Lightings And Traffic Signals, Barriers And Bollards, Other Applications
3) By End-User: Commercial, Residential

Subsegments:
1) By Wood Furniture: Wooden Benches, Wooden Picnic Tables, Wooden Planters, Wooden Bus Shelters
2) By Plastic Furniture: Recycled Plastic Benches, Plastic Waste Bins, Plastic Bollards, Plastic Seating Units
3) By Metal Furniture: Metal Benches, Metal Bike Racks, Metal Streetlights, Metal Bus Stops
4) By Other Products: Concrete Benches, Stone Sculptures, Smart Benches With Charging Stations, Hybrid Material Street Furniture

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What Long-Term Drivers Are Shaping Street Furniture Market Trends?
The surge in urbanization is anticipated to drive the expansion of the street furniture market. Urbanization is characterized by a rising proportion of the population shifting from rural to urban regions, which fuels the enlargement and proliferation of cities. The escalating trend of individuals relocating from rural to urban locales results in the swift growth and enhancement of cities. Street furniture contributes to urbanization by improving public spaces with practical and decorative features, bettering living standards, and catering to the infrastructure necessities of burgeoning urban communities. As per the United Nations Population Fund, a US-based human rights organization, more than half of the global population currently resides in urban areas, and this number is predicted to ascend to around 5 billion by 2030. Therefore, the surge in urbanization is fueling the expansion of the street furniture market.

Who Are the Top Competitors in Key Street Furniture Market Segments?
Major companies operating in the street furniture market are JCDecaux SA, Keter Group B.V., Daktronics Inc., Skidmore Owings & Merrill LLP, Brown Jordan International Inc., Strugal Sistemas de Carpintería S.L., Landscape Forms Inc., Broxap Limited, Falco UK Ltd., Agio International Company Ltd., Equiparc Inc., Lappset Group Oy, Furnitubes International Limited, Concreteworks Studio LLC, Streetlife B.V., Urban Elements Ltd., Vestre AS, Tensile Group Pty Ltd., HAGS Aneby AB, Green Furniture Concept AB

What Street Furniture Market Trends Are Gaining Traction Across Different Segments?
Leading businesses within the street furniture sector are concentrating their efforts on creating inventive solutions, such as urban furniture, to improve city surroundings with a contemporary design. Urban furniture encompasses functional and aesthetic pieces found in communal areas such as parks, streets, and plazas. For example, in November 2024, Neri S.p.A., a firm based in Italy specializing in outdoor lighting systems and urban furniture, forged a collaboration with Skidmore, Owings & Merrill LLP, an American construction firm. Together, they unveiled the Nebula collection of urban furniture designed by Skidmore, Owings & Merrill (SOM). This adaptable collection comprises items such as tables, stools, benches, bike racks, dustbins, and planters that come in various sizes and configurations. The collection, designed to enhance both lively and historical city settings, provides adaptable solutions for crafting welcoming, human-sized spaces that can effortlessly integrate into extensive city landscapes.

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Which Regions Are Becoming Hubs for Street Furniture Market Innovation?
Asia-Pacific was the largest region in the street furniture market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the street furniture market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Street Furniture Market?
2. What is the CAGR expected in the Street Furniture Market?
3. What Are the Key Innovations Transforming the Street Furniture Industry?
4. Which Region Is Leading the Street Furniture Market?

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