The global market for Outdoor Furniture is estimated at US$21.5 Billion in 2023 and is projected to reach US$35.1 Billion by 2030, growing at a CAGR of 7.2% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the outdoor furniture market is driven by several factors. Increasing consumer interest in outdoor living spaces, spurred by the desire for home-based leisure and relaxation, is a significant driver. The trend towards home improvement and the rising popularity of outdoor entertainment areas, particularly in the wake of the COVID-19 pandemic, has led to increased investment in high-quality outdoor furnishings. Technological advancements in materials and smart furniture features are also propelling market demand, as consumers seek durable, stylish, and multifunctional outdoor solutions.
The expansion of the hospitality and tourism industries, with a focus on creating luxurious outdoor environments for guests, is further boosting the market. Moreover, the growing awareness of environmental sustainability is leading consumers to opt for eco-friendly furniture options, driving innovation in sustainable materials and manufacturing practices. These factors collectively contribute to a dynamic and expanding outdoor furniture market, catering to the evolving needs and preferences of modern consumers.
The growth in the outdoor furniture market is driven by several factors. Increasing consumer interest in outdoor living spaces, spurred by the desire for home-based leisure and relaxation, is a significant driver. The trend towards home improvement and the rising popularity of outdoor entertainment areas, particularly in the wake of the COVID-19 pandemic, has led to increased investment in high-quality outdoor furnishings. Technological advancements in materials and smart furniture features are also propelling market demand, as consumers seek durable, stylish, and multifunctional outdoor solutions.
The expansion of the hospitality and tourism industries, with a focus on creating luxurious outdoor environments for guests, is further boosting the market. Moreover, the growing awareness of environmental sustainability is leading consumers to opt for eco-friendly furniture options, driving innovation in sustainable materials and manufacturing practices. These factors collectively contribute to a dynamic and expanding outdoor furniture market, catering to the evolving needs and preferences of modern consumers.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Wood Furniture segment, which is expected to reach US$19.5 Billion by 2030 with a CAGR of a 7.4%. The Metal Furniture segment is also set to grow at 6.8% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $5.6 Billion in 2023, and China, forecasted to grow at an impressive 10.9% CAGR to reach $8.6 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Outdoor Furniture Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Outdoor Furniture Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Outdoor Furniture Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Ace Hardware, Adams Manufacturing, Agio International Co.,, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 152 Featured):
- Ace Hardware
- Adams Manufacturing
- Agio International Co.,
- Barbeques Galore
- Brown Jordan
- Casual Living
- Century Furniture
- DEDON
- Emu Group S.p.A.
- Fischer Möbel GmbH
- Forever Patio
- Hartman
- Heritage Home Group
- Homecrest Outdoor Living LLC
- KETTAL Group
- Royal Botania NV
- The Home Depot Inc.
- The Keter Group
- Treasure Garden Inc.
- Trex Company Inc.
- Winston Furniture Co. Inc.
- Yotrio Corp.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned
- Ace Hardware
- Adams Manufacturing
- Agio International Co.,
- Barbeques Galore
- Brown Jordan
- Casual Living
- Century Furniture
- DEDON
- Emu Group S.p.A.
- Fischer Möbel GmbH
- Forever Patio
- Hartman
- Heritage Home Group
- Homecrest Outdoor Living LLC
- KETTAL Group
- Royal Botania NV
- The Home Depot Inc.
- The Keter Group
- Treasure Garden Inc.
- Trex Company Inc.
- Winston Furniture Co. Inc.
- Yotrio Corp.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 248 |
Published | November 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 21.5 Billion |
Forecasted Market Value ( USD | $ 35.1 Billion |
Compound Annual Growth Rate | 7.2% |
Regions Covered | Global |
No. of Companies Mentioned | 22 |