Increasing Urbanization Propels Market Growth Due To Enhanced Public Spaces And Infrastructure Needs: Pivotal Factor Influencing Street Furniture Market Growth in 2025

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Street Furniture Market Size Growth Forecast: What to Expect by 2025?
The street furniture market has experienced marginal growth in recent years. It is expected to grow from $3.21 billion in 2024 to $3.26 billion in 2025 at a CAGR of 1.7%.

How Will the Street Furniture Market Size Evolve and Grow by 2029?
Over the next few years, the street furniture market is anticipated to experience a minor surge in growth, reaching a valuation of $3.51 billion by 2029, thanks to a compound annual growth rate (CAGR) of 1.8%. This anticipated growth during the forecast period is largely due to factors such as the popularity of outdoor entertainment, an increase in urban infrastructure investments, the proliferation of e-commerce and online shopping, the evolution of interior design trends, and the availability of more multifunctional outdoor furniture. Key trends predicted to shape this period encompass technological progression, sustainable and environmentally friendly practices, advances in material and technological fields, an emphasis on visual appeal and the creation of engaging public spaces, coupled with the inclusion of smart technology.

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What Drivers Are Propelling the Growth of Street Furniture Market Forward?
The surge in urbanization is anticipated to fuel the expansion of the street furniture market in the future. The term urbanization describes the rising phenomenon of populace transitioning from rural regions to urban areas, culminating in the enlargement and advancement of cities. This growing trend of urbanization is facilitated by street furniture which beautifies public spaces with practical and visually appealing components, enhances living standards, and caters to the infrastructure requisites of burgeoning urban demographics. For example, according to the United Nations Population Fund, a human rights organization based in the US, over half of the global populace currently resides in urban regions, and predictions indicate that it is likely to touch roughly 5 billion by 2030. Hence, the accelerating rate of urbanization is propelling the growth of the street furniture market.

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Which Emerging Trends Are Transforming the Street Furniture Market in 2025?
Prominent corporations in the street furniture market are concentrating on crafting innovative products like urban furniture to improve city spaces with a contemporary touch. Urban furniture encompasses aesthetic and practical items positioned in public areas like streets, parks, and squares. For example, in November 2024, Neri S.p.A., a manufacturer based in Italy that specializes in outdoor lighting systems and urban furniture, teamed up with US-based construction firm Skidmore, Owings & Merrill LLP to introduce the Nebula collection of urban furniture, which was envisioned by Skidmore, Owings & Merrill (SOM). This adaptable collection comprises of benches, stools, tables, bike racks, trash bins, and planters, available in an array of sizes and arrangements. Crafted to harmonize with bustling as well as historical urban settings, the collection provides versatile solutions for constructing appealing, human-sized spots that can effortlessly expand to major urban landscapes.

What Are the Key Segments in 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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Who Are the Key Players Shaping the Street Furniture Market's Competitive Landscape?
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 Geographic Markets Are Powering Growth in the Street Furniture Market?
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.

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