Outdoor Furniture Market, by Material (Metal, Plastic, Wood, Textile), Product (Chairs, Tables, Seating Sets, Dining Sets, Loungers & Daybeds), End User (Residential, Commercial), Region (North America, Europe, Asia Pacific, Middle East & Africa, South America) - Global Market Size, Share, Trends & Forecasting to 2030

The Global Outdoor Furniture Market was valued USD 20 billion in 2021 and is estimated to grow at a CAGR of 6.0% over the forecast period from 2021 to 2030. The rapid development of commercial buildings as well as residential private houses in the developing nation is anticipated to drive the market demand.

Outdoor furniture often called patio furniture is basically a type of fittings specifically designed for outdoor use. They are mostly designed as weather-resistant by using materials like rustproof aluminium. The range of materials used for creating this furniture varies according to the cost and region. 

The consumer is shifting their attention towards improving the outdoor spaces for creating more comfortable as well as attractive designs in gardens, balconies, and porches driving the market expansion. Consumers are willing to spend money on the manufacture and design of outdoor furniture goods these days to improve aesthetics and enhance product variety. The increase in disposable income and travel spending on tourism business has seen a lucrative growth in recent years.

On the other hand, the change in the weather conditions in various economies has a direct impact on the overall demand for outdoor furniture market.

The latest trends offer immense opportunities for outdoor furniture manufacturers. The modern lifestyle patterns in developing countries are being influenced by urbanization and an increasingly urban population has resulted in large number of people opting for outdoor furniture. The increasing urban population has driven the outdoor furniture market demand due to construction of various private residential buildings and semi-urban and rural areas.

Outdoor furniture products have evolved among the most attractive products in the residential and commercial space due to the high comfort and improved aesthetic benefits. 

TABLE 1: GLOBAL OUTDOOR FURNITURE MARKET OVERALL SNAPSHOT

table 1

Impact Of COVID 19 On Global Outdoor Furniture Market

The impact of the 2019 coronavirus (COVID-19) on customer behaviour and manufacturing trends has highlighted the need of digitization and automation in the outdoor furniture business. Consumers increasing need for individualised shopping experiences and inexpensive costs is forcing outdoor furniture producers to improve their existing workflows. Advances in digital technology, and information tools are helping outdoor furniture companies to adapt more quickly to changes in consumer demand, save money, and increase operational efficiency. Consumer desire for ethically dynamic companies that reflect their values and products that protect the environment is increasing because of the pandemic.

Segmentation

The global outdoor furniture market is segmented into material, application, end user and regions.

FIGURE 1: GLOBAL OUTDOOR FURNITURE MARKET OVERALL SNAPSHOT

fig 1

Global Outdoor Furniture Market, by Material

Based on the material, the global outdoor furniture market is segmented into metal, plastic, wood, and textile. Among these, the wood segment is holding the largest market share during the forecast period, owing to its certain advantages like comfort, superior, strength, eco-friendliness, aesthetic appeal, and strength.

Moreover, wood is a widely used option in outdoor garden furniture. It is also used for making the outdoor furniture commercial and residential sector. Wooden outdoor furniture has also longer shelf life and is lightweight which also provides natural and aesthetic appeal, thereby increasing the market revenue.

Global Outdoor Furniture Market, by Product

Based on product, the global outdoor furniture market is segmented into chairs, tables, seating sets, dining sets, loungers, and day beds. Among these, the dining sets segment holds the largest market share owing to the surging demand for residential products with modern trends which will foster product adoption.

Global Outdoor Furniture Market, by End User

Based on the end user, the global outdoor furniture market is segmented into residential and commercial. Among these, the residential segment holds the largest market share during the forecast period. There has been a rise in the income levels in various countries, which will augment the product purchases.

Apart from this, the increasing demand for the exterior seating configurations as well as other furniture components will drive the market growth. Furthermore, the proliferating residential sales with the increasing number of hotels and resorts are also supporting the market expansion.

Global Outdoor Furniture Market, by Region

Based on the region, the global outdoor furniture market is segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South America. Among these, North America holds the largest market share during the forecast period. Owing to the expansion of the hospitality industry with rising preference of the people for replacing their basic furniture set along with furniture providing multifunction capacities is supporting the market growth of the region.

TABLE 2: GLOBAL OUTDOOR FURNITURE MARKET OVERVIEW

table 2

Recent Developments in The Global Outdoor Furniture Market

  • January 2020: Twin Star Home (U.S.), which is a residential furniture manufacturer had acquired TK CLASSICS (U.K.) to increase its market position and expand the product portfolio in outdoor living.
  • October 2019: Gabriella White LLC. (Atlanta), which is an outdoor furniture brand had acquired Standford Furniture Corp (California) for expanding the company’s retail footprint.

FIGURE 2: GLOBAL OUTDOOR FURNITURE MARKET (USD BILLION), 2021-2030

figs2

What Does This Report Provide? 

This report provides a detailed understanding of the global outdoor furniture market from qualitative and quantitative perspectives during the forecast period. The major market drivers, challenges, and opportunities for the global outdoor furniture market have been covered in the report. This report further includes the market shares of the leading companies operating in the global market, along with their production capacities and the growth strategies adopted by them.

Market Segmentation:

By Material:

  • Metal
  • Plastic
  • Wood
  • Textile

By Product:

  • Chairs
  • Tables
  • Seating Sets
  • Dining Sets
  • Loungers & Daybeds

By End User:

  • Residential
  • Commercial

By Region:

North America Outdoor Furniture Market

  • North America, by Country
    • U.S.
    • Canada
    • Mexico
  • North America, by Material
  • North America, by Product
  • North America, by End User

Europe Outdoor Furniture Market

  • Europe, by Country
    • Germany
    • Russia
    • U.K.
    • France
    • Italy
    • Spain
    • Rest of Europe 
  • Europe, by Material
  • Europe, by Product
  • Europe, by End User

Asia Pacific Outdoor Furniture Market

  • Asia Pacific, by Country
    • China
    • India
    • Japan
    • South Korea
    • Australia
    • Rest of Asia Pacific 
  • Asia Pacific, by Material
  • Asia Pacific, by Product
  • Asia Pacific, by End User

Middle East & Africa Outdoor Furniture Market

  • Middle East & Africa, by Country 
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of Middle East & Africa
  • Middle East & Africa, by Material
  • Middle East & Africa, by Product
  • Middle East & Africa, by End User

South America Outdoor Furniture Market

  • South America, by Country 
    • Brazil
    • Argentina
    • Rest of South America
  • South America, by Material
  • South America, by Product
  • South America, by End User

Major Companies: In this report, the major companies studied are Ikea Group (Netherlands), Ashely Industries (Chicago), Brown Jordan (Florida), Keter Group (Israel), Agio International Company Limited (Hong Kong), and Lloyd Flanders (U.S.)

Objectives of this Report:

  • To estimate the market size for the outdoor furniture market on a regional and global basis.
  • To identify major segments in the outdoor furniture market and evaluate their market shares and demand.
  • To provide a competitive scenario for the market with major developments observed by the key companies in the historic years.
  • To evaluate the key factors governing the dynamics of the outdoor furniture market with their potential gravity during the forecast period.
  • To evaluate the leading company-wise pricing analysis for the mentioned applications.

Key Questioned Answered in the Study:

  • What are major growth drivers and market trends that are impacting the global outdoor furniture market?
  • What is the market size both in terms of value and volume for the global outdoor furniture market?
  • Who are the leading market players and who are the new market players that operate in the global market with an estimated market share?
  • What are the future investment pockets and opportunities in the global outdoor furniture market?
  • Major list of customers and potential futuristic customer list along with an estimated buying volume
  • Impact of COVID-19 on the global outdoor furniture market

Customization:

This study is customized to meet your specific requirements:

  • By sub-segment
  • By client-specific country, type, and application market analysis
  • Pricing analysis along with the potential list of customers
  • Product-specific competitive analysis

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