Sun Lounger Market Size - By Material (Wood, Aluminum, Plastic, Resin, Others), By Category (Portable, Fixed), By Armrest (With Armrest, Without Armrest), By End-user (Individual, Commercial), By Distribution Channel, By Lounger Width & Forecast, 2024 - 2
Sun Lounger Market Size - By Material (Wood, Aluminum, Plastic, Resin, Others), By Category (Portable, Fixed), By Armrest (With Armrest, Without Armrest), By End-user (Individual, Commercial), By Distribution Channel, By Lounger Width & Forecast, 2024 - 2032
Global Sun Lounger Market size will grow at over 5.2% CAGR from 2024 to 2032, fueled by the rising demand for innovative designs and the growing trend of outdoor living and recreation. Consumers are seeking stylish and functional outdoor furniture, spurring manufacturers to introduce fresh, eye-catching designs. With more individuals embracing outdoor activities for leisure and relaxation, the need for comfortable and durable sun loungers is set to grow. The shift towards turning outdoor living spaces into extensions of the home will propel the market forward. For instance, in February 2024, Gregory Besner recently unveiled its latest beach chair innovation, The Shore Thing. The new chair is the lightest and simplest in SUNFLOW's collection, boasting of an iconic award-winning design along with premium materials and a variety of vibrant colors and patterns.
The sun lounger market is segmented into category, material, armrest, end-user, distribution channel, lounger width, and region.
With respect to material, the resin sun lounger market size will record 4.8% CAGR through 2032 due to benefits like durability, low maintenance requirements, and stylish designs. Consumers are drawn to resin loungers for their weather-resistant properties, making them ideal for outdoor use in various climates. Additionally, advancements in manufacturing techniques have made way for a wide array of colors and finishes, further appealing to diverse tastes. The rising need for catering to the increasing demand for comfortable and long-lasting outdoor furniture options will add to the segment growth.
In terms of distribution channel, the sun lounger industry from the online segment will expand at 2.7% CAGR through 2032. This is primarily attributed to the convenience and accessibility offered to consumers, who can browse and purchase sun loungers from the comfort of their homes. With the growing popularity of e-commerce platforms and digitalization, online retailers are expanding their selections and reaching a broader customer base. This shift in consumer behavior towards online shopping will continue to drive the market growth for offering a diverse array of options for outdoor relaxation.
Asia Pacific sun lounger market size will record a 6% CAGR from 2024 to 2032, owing to the rising disposable incomes, booming tourism sector, and the growing trend of outdoor leisure activities. The expanding hospitality sectors in countries like China, India, and Australia is increasing the demand for luxurious outdoor furnishings. With a blend of economic development and lifestyle preferences, Asia Pacific will emerge as the primary contributor to the sun lounger industry.
Chapter 1 Methodology & Scope
1.1 Market scope & definition
1.2 Base estimates & calculations
1.3 Forecast parameter
1.4 Data sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid sources
1.4.2.2 Public sources
Chapter 2 Executive Summary
2.1 Industry 360 degree synopsis
Chapter 3 Market Industry Insights
3.1 Industry ecosystem analysis
3.2 Raw material analysis
3.3 Regulatory landscape
3.4 Industry impact forces
3.4.1 Growth drivers
3.4.2 Industry pitfalls & challenges
3.5 Growth potential analysis
3.6 Porter's analysis
3.6.1 Supplier power
3.6.2 Buyer power
3.6.3 Threat of new entrants
3.6.4 Threat of substitutes
3.6.5 Industry rivalry
3.7 PESTEL analysis
Chapter 4 Competitive Landscape, 2023
4.1 Company market share analysis
4.2 Competitive positioning matrix
4.3 Strategic outlook matrix
Chapter 5 Market Estimates & Forecast, By Material (USD Billion) (Million Units)