Global Outdoor Furniture Market 2024-2028
The outdoor furniture market is forecasted to grow by USD 6.02 bn during 2023-2028, accelerating at a CAGR of 3.66% during the forecast period. The report on the outdoor furniture market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for patio heating products in commercial and residential spaces, growing residential and commercial construction market, and innovation in design of outdoor furniture products and portfolio expansion by market vendors.
Technavio's outdoor furniture market is segmented as below:
By Product
- Outdoor furniture and accessories
- Outdoor grills and accessories
- Patio heating products
By End-user
By Geographical Landscape
- North America
- APAC
- Europe
- South America
- Middle East and Africa
This study identifies the increasing demand for environment-friendly outdoor furniture as one of the prime reasons driving the outdoor furniture market growth during the next few years. Also, increasing availability of multifunctional outdoor furniture and growing sales of outdoor furniture products online will lead to sizable demand in the market.
The report on the outdoor furniture market covers the following areas:
- Outdoor furniture market sizing
- Outdoor furniture market forecast
- Outdoor furniture market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading outdoor furniture market vendors that include Agio International Co., Ashley Global Retail LLC, Barbeques Galore (Aust) Pty Ltd, Brown Jordan Co., Castlery Pte Ltd., Century Furniture LLC, Ethan Allen Interiors Inc., Gloster Furniture GmbH, Haworth Inc., Homecrest Outdoor Living LLC, Inter IKEA Holding BV, Keter Group., Lloyd Flanders Inc., LOWES COMPANIES INC., Metro Plus Lifestyle, MillerKnoll Inc., Wayfair Inc., Williams Sonoma Inc., The Home Depot Inc., and Yardbird. Also, the outdoor furniture market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.