Outdoor Furniture Manufacturing in the US - Industry Market Research Report

Take It Outside: a Recovering Economy Will Support Industry Revenue Growth

The Outdoor Furniture Manufacturing industry produces furniture for outdoor settings, like backyards, patios, decks, and swimming pools. Just under half of outdoor furniture is made of metal and other materials, while others are made of wood and upholstery; typical products include picnic tables, lawn chairs, and awnings. Since households purchase most outdoor furniture, demand typically rises with improved disposable income and greater housing starts. However, COVID-19 and the subsequent temporary closure of industry establishments and downstream markets diminished demand for outdoor furniture in 2020. Furthermore, industry revenue has primarily declined because of intense import competition. Over the five years to 2023, industry revenue is expected to decrease at a CAGR of 4.1% to $1.8 billion, including an anticipated 3.6% decline in 2023 alone. This industry manufactures outdoor furniture, such as lawn and patio chairs, picnic tables and patio umbrellas. Outdoor furniture can be made of various materials, including metal, wood and plastic. Items are designed to be placed outside the home. Furniture designed specifically for camping is excluded from this industry. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.