Global Outdoor Furniture Market Size study, By Material (Wood, Plastic, Metal), By End-use (Commercial, Residential) and Regional Forecasts 2022-2028

Global Outdoor Furniture Market Size study, By Material (Wood, Plastic, Metal), By End-use (Commercial, Residential) and Regional Forecasts 2022-2028

Global Outdoor Furniture Market is valued approximately USD 19877.24 Million in 2021 and is anticipated to grow with a healthy growth rate of more than 5.9 % over the forecast period 2022-2028. Outdoor Furniture can be defined as Furniture designed especially for an outside area like a garden, open restaurant, office, balcony and many more places. It is typically made for enjoying the weather as well as enjoying the outside area. Outdoor furniture is made of wood, plastic and bamboo. They consist of chairs and a type of dining table. The growing Real Estate Sector and increasing household spending on luxurious products as well as Strategic initiatives from leading Market players are key factors accelerating the growth of the Market. For instance, according to Statista – during 2021, the global real estate market was valued at USD 9.5 billion, and the market is projected to grow to USD 14.6 billion by 2030. Moreover, leading market players are coming up with new products to leverage the growing demand for Outdoor Furniture. For instance, in June 2020, Italian brand Poltrona Frau added a new range of outdoor furniture to its Boundless Living Collection. This new collection is suitable during all seasons in a variety of settings such as boat decks, terraces, back gardens etc. Also, the growing emergence of resorts and hotel chains and increasing inclination toward travelling to new destinations would create lucrative growth opportunities for the market during the forecast period. However, high production costs, as well as frequent maintenance requirements, impede the growth of the market over the forecast period of 2022-2028.

The key regions considered for the Global Outdoor Furniture Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region in terms of market share owing to the presence of leading market players as well as the increasing emergence of luxurious hotel chains in the region. The Asia Pacific is increasing the number of constructions of restaurants and hotels, as well as growing inclination toward travelling in the Asia Pacific region.

Major market players included in this report are:
Inter Ikea Group
Ashely Furniture Industries, Inc.
Brown Jordan
Keter Group
Agio International Company Limited
Lloyd Flanders
Gloster Furniture
Aura Global Furniture
Woodard Furniture
Royal Botania

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:
By Material
Wood
Plastic
Metal
By End Use
Commercial
Residential
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Outdoor Furniture Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Companies Mentioned

Inter Ikea Group
Ashely Furniture Industries, Inc.
Brown Jordan
Keter Group
Agio International Company Limited
Lloyd Flanders
Gloster Furniture
Aura Global Furniture
Woodard Furniture
Royal Botania

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