Austin, TX, USA, May 27, 2024 (GLOBE NEWSWIRE) -- Custom Market Insights has published a new research report titled “Sun Lounger Market Size, Trends and Insights By Material (Fabric, Plastic, Metal, Wooden, Others), By Type (Fixed, Foldable), By End User (Residential, Commercial), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033” in its research database.
“According to the latest research study, the demand of global Sun Lounger Market size & share was valued at approximately USD 4.2 Billion in 2023 and is expected to reach USD 4.8 Billion in 2024 and is expected to reach a value of around USD 9.6 Billion by 2033, at a compound annual growth rate (CAGR) of about 4.5% during the forecast period 2024 to 2033.”
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Sun Lounger Market: Overview
A sun lounger, also referred to as a sunbed or chaise lounge, is a large chair meant for outdoor enjoyment, mostly for sunbathing. Sun loungers often include a reclining backrest that may be adjusted to various positions for comfort, as well as cushions or padding for additional relaxation.
The increasing focus on sustainability and eco-friendliness has led to the use of recycled and ecologically friendly materials in sun lounger fabrication. There is an increasing desire for multipurpose and space-saving designs that can handle smaller outdoor areas and urban living conditions.
Adjustable features, built-in speakers, and USB charging connections are becoming increasingly common, meeting consumers’ needs for ease and connectivity. In addition, there is a trend towards luxury and high-end designs, fueled by rising disposable incomes and a demand for premium outdoor experiences.
Moreover, customization and personalization options are becoming more popular, allowing customers to adapt sun loungers to their unique needs and aesthetics. There is a growing interest in wellness-focused designs that incorporate elements like spinal alignment and built-in shade choices to improve the user’s experience.
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By material, fabric segment held the highest market share in 2023 and is expected to keep its dominance during the forecast period 2024-2033. Fabric dominates the sun lounger market because of its ease, ventilation, and flexibility, providing customers with a comfortable and peaceful experience when sitting outside in a variety of weather situations.
By type, the foldable segment held the highest market share in 2023 and is expected to keep its dominance during the forecast period 2024-2033. Foldable sun loungers are driving the market owing to their ease, portability, and space-saving qualities, which appeal to consumers looking for adaptable outdoor furniture that can be stored, transported, and used in a variety of locations.
By end user, the commercial segment held the highest market share in 2023 and is expected to keep its dominance during the forecast period 2024-2033. Commercial entities dominate the sun lounger industry owing to the need for hotels, resorts, beachfront clubs, and other leisure facilities where sun loungers are crucial for customers’ comfort and relaxation.
North America dominates the sun lounger market owing to its warm environment, tradition of outdoor living, substantial focus on wellness and leisure trends, presence of key manufacturers, and wide distribution channels.
Report Scope
Feature of the Report | Details |
Market Size in 2024 | USD 4.8 Billion |
Projected Market Size in 2033 | USD 9.6 Billion |
Market Size in 2023 | USD 4.2 Billion |
CAGR Growth Rate | 4.5% CAGR |
Base Year | 2023 |
Forecast Period | 2024-2033 |
Key Segment | By Material, Type, End User and Region |
Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
(A free sample of the Sun Lounger report is available upon request; please contact us for more information.)
Our Free Sample Report Consists of the following:
- Introduction, Overview, and in-depth industry analysis are all included in the 2024 updated report.
- The COVID-19 Pandemic Outbreak Impact Analysis is included in the package.
- About 220+ Pages Research Report (Including Recent Research)
- Provide detailed chapter-by-chapter guidance on the Request.
- Updated Regional Analysis with a Graphical Representation of Size, Share, and Trends for the Year 2024
- Includes Tables and figures have been updated.
- The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis
- Custom Market Insights (CMI) research methodology
(Please note that the sample of the Sun Lounger report has been modified to include the COVID-19 impact study prior to delivery.)
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CMI has comprehensively analyzed the Global Sun Lounger market. The driving forces, restraints, challenges, opportunities, and key trends have been explained in depth to depict in depth scenario of the market. Segment wise market size and market share during the forecast period are duly addressed to portray the probable picture of this Global Sun Lounger industry.
The competitive landscape includes key innovators, after market service providers, market giants as well as niche players are studied and analyzed extensively concerning their strengths, weaknesses as well as value addition prospects. In addition, this report covers key players profiling, market shares, mergers and acquisitions, consequent market fragmentation, new trends and dynamics in partnerships.
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Key questions answered in this report:
- What is the size of the Sun Lounger market and what is its expected growth rate?
- What are the primary driving factors that push the Sun Lounger market forward?
- What are the Sun Lounger Industry's top companies?
- What are the different categories that the Sun Lounger Market caters to?
- What will be the fastest-growing segment or region?
- In the value chain, what role do essential players play?
- What is the procedure for getting a free copy of the Sun Lounger market sample report and company profiles?
Key Offerings:
- Market Share, Size & Forecast by Revenue | 2024−2033
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends
- Market Segmentation – A detailed analysis by Types of Services, by End-User Services, and by regions
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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Sun Lounger Market: Regional Analysis
By region, Sun Lounger market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle East & Africa. North America dominated the global Sun Lounger market in 2023 with a market share of 45.6% and is expected to keep its dominance during the forecast period 2024-2033.
North America’s availability of recreational venues, such as sandy beaches, swimming pools, and outdoor resorts, drives up demand for sun loungers among customers seeking pleasure and leisure activities.
Furthermore, North America’s tradition of outdoor living and entertainment, along with a strong emphasis on wellbeing and lifestyle trends, drives market growth for sun loungers. Additionally, the presence of significant manufacturers and merchants in the region, as well as substantial distribution channels and marketing activities, help to make sun loungers more accessible and visible to consumers.
In addition, developments in design, materials, and features targeted to North American customer demands, such as durability, comfort, and adaptability, continue to stimulate regional interest and adoption of sun loungers.
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List of the prominent players in the Sun Lounger Market:
- IKEA
- Lowe’s
- Kettal
- Costco Wholesale Corporation
- Target Corporation
- Bed Bath & Beyond Inc.
- Wayfair LLC
- Williams-Sonoma Inc.
- Dedon GmbH
- Keter Group
- Nardi S.p.A.
- Medallion Furniture
- Unopiu
- Varaschin
- Fermob
- Hartman Group
- Gloster Furniture GmbH
- Tropitone Furniture Company Inc.
- Brown Jordan International Inc.
- Lafuma Mobilier
- Others
Kettal is a designer and manufacturer of traditional outdoor furniture such as seats, couches, tables, deckchairs, accessories, and pavilions.
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- Comprehensive coverage
- Maximum number of market tables and figures
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The Sun Lounger Market is segmented as follows:
By Material
- Fabric
- Plastic
- Metal
- Wooden
- Others
By Type
- Fixed
- Foldable
By End User
- Residential
- Commercial
Click Here to Get a Free Sample Report of the Global Sun Lounger Market @ https://www.custommarketinsights.com/report/sun-lounger-market/
Regional Coverage:
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Taiwan
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
This Sun Lounger Market Research/Analysis Report Contains Answers to the following Questions.
- What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
- Who Are the Global Key Players in This Sun Lounger Market? What are Their Company Profile, Product Information, and Contact Information?
- What Was the Global Market Status of the Sun Lounger Market? What Was the Capacity, Production Value, Cost and PROFIT of the Sun Lounger Market?
- What Is the Current Market Status of the Sun Lounger Industry? What's Market Competition in This Industry, Both Company and Country Wise? What's Market Analysis of Sun Lounger Market by Considering Applications and Types?
- What Are Projections of the Global Sun Lounger Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about imports and exports?
- What Is Sun Lounger Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
- What Is the Economic Impact On Sun Lounger Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
- What Are Market Dynamics of Sun Lounger Market? What Are Challenges and Opportunities?
- What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Sun Lounger Industry?
Click Here to Access a Free Sample Report of the Global Sun Lounger Market @ https://www.custommarketinsights.com/report/sun-lounger-market/
Reasons to Purchase Sun Lounger Market Report
- Sun Lounger Market Report provides qualitative and quantitative analysis of the market based on segmentation involving economic and non-economic factors.
- Sun Lounger Market report outlines market value (USD) data for each segment and sub-segment.
- This report indicates the region and segment expected to witness the fastest growth and dominate the market.
- Sun Lounger Market Analysis by geography highlights the consumption of the product/service in the region and indicates the factors affecting the market within each region.
- The competitive landscape incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled.
- Extensive company profiles comprising company overview, company insights, product benchmarking, and SWOT analysis for the major market players.
- The Industry's current and future market outlook concerning recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging and developed regions.
- Sun Lounger Market Includes in-depth market analysis from various perspectives through Porter's five forces analysis and provides insight into the market through Value Chain.
Reasons for the Research Report
- The study provides a thorough overview of the global Sun Lounger market. Compare your performance to that of the market as a whole.
- Aim to maintain competitiveness while innovations from established key players fuel market growth.
Buy this Premium Sun Lounger Research Report | Fast Delivery Available - [220+ Pages] @ https://www.custommarketinsights.com/report/sun-lounger-market/
What does the report include?
- Drivers, restrictions, and opportunities are among the qualitative elements covered in the worldwide Sun Lounger market analysis.
- The competitive environment of current and potential participants in the Sun Lounger market is covered in the report, as well as those companies' strategic product development ambitions.
- According to the component, application, and industry vertical, this study analyzes the market qualitatively and quantitatively. Additionally, the report offers comparable data for the important regions.
- For each segment mentioned above, actual market sizes and forecasts have been given.
Who should buy this report?
- Participants and stakeholders worldwide Sun Lounger market should find this report useful. The research will be useful to all market participants in the Sun Lounger industry.
- Managers in the Sun Lounger sector are interested in publishing up-to-date and projected data about the worldwide Sun Lounger market.
- Governmental agencies, regulatory bodies, decision-makers, and organizations want to invest in Sun Lounger products' market trends.
- Market insights are sought for by analysts, researchers, educators, strategy managers, and government organizations to develop plans.
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