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Global Outdoor Furniture Market Estimated to Register a CAGR of 5% Over the Forecast Period

11-Jun-2020 | Facts and Factors

Findings from Facts and Factors report “Outdoor Furniture Market By Material (Wood, Plastic and Metal) By Product (Chairs, Tables, Seating sets, Dining sets, Loungers & daybeds, and others) and By End-Use (Residential, Commercial): Global Industry Perspective, Market Size, Statistical Research, Market Intelligence, Comprehensive Analysis, Historical Trends, and Forecasts, 2019–2026” states that the global Outdoor Furniture Market is expected to grow at a CAGR of 5% over the time span.

Furniture used in the outside environment such as garden, foyer, terrace, balcony, or others is recently gaining importance across various countries.  Outdoor furniture ranges in several sizes, styles, and supplies, like solid eucalyptus, rattan, aluminum, and others. Outdoor furniture is built to sustain sunlight and rainy days and other climatic condition depending upon the temperature ranges. Several furniture companies operating in this market are focused on providing furniture that is highly durable, sturdy, and low in maintenance. A considerable shift is witnessed in the construction industry, accompanied by enhanced consumer disposable income on house development is expected to optimistically influence the outdoor furniture market expansion over the forecasted period. Speedy trends such as socializing, garden dining concepts, outdoor grilling & barbeque events, rooftop restaurants, open area parties among others are the primary aspects propelling the outdoor furniture demand.

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Browse the full “Outdoor Furniture Market By Material (Wood, Plastic and Metal) By Product (Chairs, Tables, Seating sets, Dining sets, Loungers & daybeds, and others) and By End-Use (Residential, Commercial): Global Industry Perspective, Market Size, Statistical Research, Market Intelligence, Comprehensive Analysis, Historical Trends, and Forecasts, 2019–2026" https://www.fnfresearch.com/outdoor-furniture-market-by-material-wood-plastic-and-1105

Growing market trends of innovative architectural designs that emphasize commercials well as residential designs are influencing the market growth positively. Companies and house owners preferring for free space in backyard lawns, artificial indoor gardens, outdoor garden, are key factors enhancing the demand for garden aesthetics. People in several countries have a culture or affiliation to houses and furniture that includes outdoor gardens and lawns, which in turn prompting the demand for outdoor furniture. The rise in consumer disposable incomes and an increase in customer traveling trends is raising the demand for the travel and tourism sector across the map. This reason is expected to impact the outdoor furniture market growth. Upholstery products, Decorative lounge chairs, durable tables among others are some of the key furniture providing a prominent outlook for the revenue generation of the outdoor furniture market around the globe.

The outdoor furniture market is divided on the basis of Material, Product, and End-Use. The material segment is further classified into Wood, Plastic, and Metal. The Wood material type is expected to hold the largest market share owing to growing innovation in wood material for outdoor furniture. Furthermore, the product segment is classified into Chairs, Tables, Seating sets, Dining sets, Loungers & daybeds, and others. The chair segment is anticipated to hold the highest growth rate during the forecasted period. The End-User segment is divided into Commercial and Residential.

Top Market Players

There are several key players operating in the Outdoor Furniture Market around the globe some of them include IKEA, Century Furniture, Forever Patio, Dedon, Zuo Modern,  EMU Group S.p.A., Haworth, Inc., Roda Srl, Sun Garden GmbH, The Home Depot, Inc., Unopiu, Outdoor's India, Hartman UK, Ltd., Royal Botania NV, Patio Furniture Industries, Inc., Treasure Garden, Inc., Homecrest Outdoor Living, Yotrio Corporation, Trex Company, Sunset West, Brown Jordan, Hospitality Rattan, Alfresco Home, Keter Plastic, Tuuci, Lloyd Flanders Industries Inc., Plaisir Du Jardin, Woodard, Formica Limited, Danzer Group, and others.

This report segments the Outdoor Furniture Market as follows:

Global Outdoor Furniture Market: By Material Segmentation Analysis

  • Wood
  • Plastic
  • Metal

Global Outdoor Furniture Market: By Product Segmentation Analysis

  • Chairs
  • Tables
  • Seating sets
  • Dining sets
  • Loungers & daybeds
  • Others

Global Outdoor Furniture Market: By End-Use Segmentation Analysis

  • Commercial
  • Residential

Global Outdoor Furniture Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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