Global Outdoor Furniture Market, By Product Type (Chairs, Tables, Seating Sets, Dining Sets, Loungers and Daybeds, Other Product Types), Sales Channel (Retail Stores, Direct to Consumer, Manufacturer Stores, E-Commerce Stores, Discount Stores, Rental Stores), End User (Residential, Commercial, Other End Users), Material (Metal, Plastic, Wood, Textile, Other Materials), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Outdoor Furniture Market
The demand for outdoor furniture will reach an approximate value of USD 29.98 billion by 2028, with this growth reported at a rate of 6.10% for the 2021 to 2028 forecast period. The market report for outdoor furniture analyses the growth that is currently rising due to people’s increasing levels of disposable income.
In order to avoid corrosion, outdoor furniture is designed especially for outdoor use and constructed from weather-resistant materials. Chairs, seating sets, tables, dining sets, and loungers & daybeds are various types of outdoor furniture. The main aim of outdoor furniture is to provide suitable and comfortable décor. Outdoor furniture is rising today due to government policies to finance more open spaces such as public parks, leisure areas and other areas where people can relax.
Rapid urbanization along with rising number of urban population in emerging economies, changing lifestyle of the growing number of population, fast socialising trends in the backyard area, including outdoor dining in gardens, social get-together, grilling and barbeque events, growing tourism industry across the globe are some of the vital as well as major factors which will likely to augment the growth of the outdoor furniture market in the projected timeframe of 2021-2028. On the other hand, increasing number of hotels and restaurants along with growing levels of consumer spending which will further contribute by generating immense opportunities that will led to the growth of the outdoor furniture market in the above mentioned projected timeframe.
Lack of skilled labour along with high cost of material which will likely to act as market restraints factor for the growth of the outdoor furniture in the above mentioned projected timeframe. Increasing number of government regulations over export and import of timber goods which will become the biggest and foremost challenge for the growth of the market.
This outdoor furniture market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on outdoor furniture market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Outdoor Furniture Market Scope and Market Size
Outdoor furniture market is segmented on the basis of product type, material, sales channel, and end user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of product type, the outdoor furniture market is segmented into chairs, tables, seating sets, dining sets, loungers and daybeds, and other product types.
- Based on material, the outdoor furniture market is segmented into metal, plastic, wood, textile, and other materials.
- On the basis of end user, the outdoor furniture market is segmented into residential, commercial, and other end users.
- Based on sales channel, the outdoor furniture market is segmented into retail stores, direct to consumer, manufacturer stores, e-commerce stores, discount stores, and rental stores.
Outdoor Furniture Market Country Level Analysis
Outdoor furniture market is analysed and market size, volume information is provided by country, product type, material, sales channel, and end user as referenced above.
The countries covered in the outdoor furniture market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
The U.S. dominates the North America outdoor furniture market due to the increasing demand of the product, rising willingness to pay of the consumer along with prevalence of various market players in the region. Asia-Pacific region is expected to hold the largest growth rate due to the expansion as well as development of advanced products along with prevalence of leading manufacturers in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Outdoor Furniture Market Share Analysis
Outdoor furniture market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to outdoor furniture market.
The major players covered in the outdoor furniture market report are Ace Hardware.; Century Furniture LLC.; Forever Patio.; DEDON GmbH; EMU Group S.p.A.; Haworth Inc.; RODA Srl; Sun Garden GmbH; Home Depot Product Authority, LLC.; Unopiù S.p.A.; Hartman UK; Inter IKEA Systems B.V.; Plaisir du Jardin; Royal Botania.; Outdoor India; Patio Furniture Industries; Treasure Garden, Inc.; Homecrest; Yotrio Corporation; Poly-Wood, LLC.; Sunset West USA; Brown Jordan Company.; Hospitality Rattan; Zuo Modern; Alfresco Home LLC.; Keter; Keter; Lloyd Flanders, Inc.; Woodard Furniture; Danzer; Klaussner Home Furnishings; Fischer Möbel GmbH; among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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