Outdoor Furniture Market Size
Outdoor Furniture Market size was valued at USD 15.5 billion in and is anticipated to register a CAGR of 5.1% between & . There is increasing interest in outdoor living spaces, a growing focus on home improvement, and rising disposable incomes have all contributed to the expansion of this market. Consumers are increasingly viewing their outdoor areas as extensions of their indoor living spaces, leading to higher demand for comfortable, stylish, and durable outdoor furniture.
To get key market trends
Download Free Sample
This trend has been further accelerated by the COVID-19 pandemic, which led many people to spend more time at home and invest in creating enjoyable outdoor environments. The market has also been positively impacted by innovations in materials and design, with manufacturers offering a wider range of weather-resistant, low-maintenance options that appeal to modern consumers. As urbanization continues and living spaces become more compact, the importance of maximizing outdoor areas is likely to sustain the growth of the market in the coming years.
Outdoor Furniture Market Report Attributes
Report Attribute
Details
Base Year:Outdoor Furniture Market Size in :USD 15.5 BillionForecast Period: - Forecast Period - CAGR:5.1% Value Projection:USD 24.1 BillionHistorical Data for: - No. of Pages:135 Tables, Charts & Figures:49Segments covered:Product, Material, Price, End User, Distribution Channel, RegionGrowth Drivers:
- Increasing interest in outdoor spaces
- Focus on home improvement
- Rising disposable income
- Increasing urbanization
Pitfalls & Challenges:
- Fluctuating demand
- Increasing competition in market
What are the growth opportunities in this market?
Download Free Sample
One of the challenges in the market is the seasonality of demand, particularly in regions with distinct weather patterns. Sales often peak during spring and summer months, leaving manufacturers and retailers to manage inventory and cash flow during slower periods. This cyclical nature can make it difficult for businesses to maintain consistent operations and profitability throughout the year. Another significant challenge is the increasing competition from both established players and new entrants, including e-commerce giants. This has led to price pressures and the need for constant innovation to stand out in a crowded market.
Outdoor Furniture Market Trends
One prominent trend in the market includes a shift towards multi-functional and space-saving designs, catering to urban residents with limited outdoor space. Modular furniture that can be easily reconfigured for different purposes has gained popularity. Additionally, there's a growing demand for outdoor furniture that mimics indoor aesthetics which includes the use of plush fabrics, intricate patterns, and sophisticated finishes that were once reserved for interior furnishings. Additionally, sustainability has also emerged as a significant trend, with consumers showing increased interest in eco-friendly materials and production methods. For example, Pottery Barn, a well-known furniture retailer, has adopted this trend by introducing a line of outdoor furniture made from recycled plastic bottles.
Outdoor Furniture Market Analysis
Learn more about the key segments shaping this market
Download Free Sample
Based on product, the market is segmented into outdoor seating furniture, outdoor dining furniture, outdoor kitchen furniture, accessories and others. The outdoor dining furniture segment dominated the market in , generating a revenue exceeding USD 5.5 billion, and is expected to reach USD 8.2 billion by . Consumers are increasingly viewing their outdoor spaces as extensions of their homes, seeking to create functional and comfortable areas for dining and entertaining. This trend has been amplified by the COVID-19 pandemic, which led to a surge in home improvements and a greater emphasis on outdoor gatherings. The rise of outdoor cooking and the popularity of dining have also contributed to the demand for high-quality, stylish outdoor dining sets, thereby propelling the market.
Learn more about the key segments shaping this market
Download Free Sample
Based on material, the outdoor furniture market is classified into metal, wood, plastic, fabric, synthetic fibers and others (textile, non-textile, synthetic fibers). Wooden furniture dominated the market in , with revenue exceeding USD 6.4 billion, and is expected to reach USD 10.6 billion by . Advancements in wood treatment technologies have significantly improved the durability and weather resistance of wooden furniture. Furthermore, the versatility of wood allows for a wide range of styles, from traditional to modern, catering to diverse consumer preferences. Additionally, the timeless appeal of wooden furniture provides a sense of permanence and quality that many consumers value in their outdoor investments, thereby propelling the market growth.
Looking for region specific data?
For more outdoor furniture factoryinformation, please contact us. We will provide professional answers.
Download Free Sample
Asia Pacific emerged as the dominant region, generating a substantial revenue of USD 7 billion, and is expected to reach USD 11.7 billion by . Rapid urbanization and increasing disposable incomes in countries like China, India, and Southeast Asian nations have led to a growing middle class with a desire for improved living spaces, including outdoor areas. The region's warm climate in many areas encourages outdoor living, driving demand for patio and garden furniture. Additionally, the rise of tourism and hospitality industries in the region has also boosted demand for outdoor furniture in resorts, hotels, and restaurants. Also, local manufacturers are increasingly producing high-quality, competitively priced products, making outdoor furniture more accessible to a broader consumer base which grows the market.
North America: In terms of country, The U.S. dominated the North America outdoor furniture market with revenue of around USD 2.2 billion in and with a CAGR of 3.5% for the forecast period of to . The US has a large consumer base, coupled with higher average disposable incomes, provides a robust market for outdoor furniture products. The prevalence of single-family homes with outdoor spaces and a cultural emphasis on outdoor living further drive demand. Additionally, the diverse climate zones across the U.S. allow for extended use of outdoor spaces in many regions, unlike in Canada where harsh winters can limit outdoor activities.
Europe: In terms of country, U.K. led the Europe outdoor furniture market with revenue of around USD 1.3 billion in and is growing at a CAGR of 4.9% for the forecast period of to . The UK also benefits from a robust economy and high levels of disposable income among consumers, particularly in affluent areas, enabling spending on luxury outdoor items. Additionally, the trend towards viewing gardens and patios as extensions of indoor living spaces has gained significant traction in the UK, driving demand for more sophisticated and diverse outdoor furniture options.
Asia Pacific: In terms of country, China spearheaded the Asia Pacific market with revenue of around USD 1.6 billion in and is growing at a CAGR of 7.3% for the forecast period of to . As China is the China's large and growing domestic market has also driven demand, with an expanding middle class increasingly investing in outdoor living spaces. The country's ability to quickly adapt to market trends and produce a wide variety of styles has made it a go-to supplier for retailers throughout Asia Pacific. Additionally, China's strong supply chain networks and well-developed export infrastructure have facilitated efficient distribution across the region, thereby propelling the market.
Outdoor Furniture Market Share
The market is fragmented, with prominent players, such as Ashley Furniture Industries, IKEA, Inc., Brown Jordan International, Inc., Century Furniture and Gloster Furniture holding a market share of 10-15%. These companies dominate the market due to their extensive research and development capabilities, strong global distribution networks, and strategic partnerships within the industry which further increases brand visibility.
Outdoor Furniture Market Companies
Major players operating in the outdoor furniture industry include:
- Article
- Ashley Furniture Industries
- Brown Jordan International, Inc.
- Burrow Inc.
- Dedon GmbH
- Ebel Inc.
- Fermob USA, Inc.
- Gloster Furniture
- Grandin Road
- IKEA, Inc.
- Kingsley Bate
- Polywood LLC
- Sifas USA
- Sunset West
- Terra Outdoor Living
- TUUCI
- Woodard Furniture
Outdoor Furniture Market News
- In September , Ashley Furniture Industries expanded its outdoor furniture offerings by launching a new line of weather-resistant pieces designed for small spaces. This move was in response to the growing trend of urban dwellers seeking to maximize their limited outdoor areas.
- In November , Gloster Furniture introduced a new collection called "Lima." The Lima collection was designed to appeal to a more contemporary aesthetic while maintaining Gloster's commitment to quality and durability.
- In June IKEA announced its push towards sustainability in its outdoor furniture range. The company pledged to use only renewable or recycled materials in all its products, including outdoor furniture, by .
The outdoor furniture market research report includes in-depth coverage of the industry, with estimates & forecast in terms of revenue (USD Billion) and volume (Million Units) from to , for the following segments:
Click here to Buy Section of this Report
Market, By Product
- Outdoor Seating Furniture
- Lounge Chairs
- Sofas
- Loungers
- Benches
- Outdoor Dining Furniture
- Dining Chairs
- Outdoor Tables
- Side Tables
- Outdoor Dining Sets
- Outdoor Kitchen Furniture
- Side tables
- BBQ Tables
- Cabinets
- Back Panels
- Shelf-units
- Others
- Accessories
- Umbrella bases
- Pillows
- Others (cushions, deck patios, bar carts, etc.)
- Others
Market, By Material
- Metal
- Wood
- Plastic
- Fabric
- Synthetic fibres
- Others (textile, non-textile, synthetic fibres)
Market, By Price
Market, By End User
- Residential
- Commercial
- Restaurants
- Cafes
- Bars
- Hotels
- Event Venues
- Corporate offices, parks, etc.
Market, By Distribution Channel
- Online
- E-commerce
- Company websites
- Offline
- Specialty stores
- Department stores
- Supermarkets & hypermarkets
- Others (retail stores, etc.)
The above information is provided for the following regions and countries:
- North America
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- MEA
- Saudi Arabia
- UAE
- South Africa
- Rest of MEA
Contact us to discuss your requirements of aluminum outdoor dining set. Our experienced sales team can help you identify the options that best suit your needs.
Comments
All Comments (0)