Outdoor Sofa Market Scope and Size by 2031
Outdoor sofa often known as patio sofa is specially designed for outdoor use. Outdoor sofa is mostly designed as weather-resistant by using materials such as rustproof aluminum. Outdoor sofa is primarily bought to increase comfort and features in the outdoor spaces. Besides, outdoor sofa comes with the potential to make outside gardens or terraces efficiently pleasing for customers.
MARKET DYNAMICS
The global outdoor sofa market size is expected to grow significantly in the forecast period. The growing financial ability to spend on recreation is boosting consumer spending on outdoor sofa in the residential sector. Numerous house owners are centering on improving the garden and balcony look with the delightful appealing sitting areas. Majority of the businesses is shifting their interest in designing eco-friendly fixtures. This is likely to drive the global outdoor sofa market during the forecast period. The premium range of collections of outdoor sofa to design outdoor restaurant spaces, office spaces, and terraces are creating huge customer space. This factors are likely to boost the global outdoor sofa market. However, most of the outdoor sofas are available at an expensive rate which cannot be afforded by all the customers. So this price is one factor that may hamper the market growth.
MARKET SCOPE
The "Global Outdoor Sofa Market Analysis to 2031" is a specialized and in-depth study of the Consumer Goods industry with a special focus on the global market trend analysis. The report aims to provide an overview of the outdoor sofa market with detailed market segmentation by type and distribution channel. The global outdoor sofa market is expected to rise during the forecast period. The report provides key statistics on the market status of the leading outdoor sofa market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global outdoor sofa market is segmented on the basis of type and distribution channel. Based on type the markets is segmented into standard, recliner, convertible, others. On the basis of distribution channel, the market is bifurcated into supermarkets and hypermarkets, specialty stores, online retail, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global outdoor sofa market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South & Central America. The outdoor sofa market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the outdoor sofa market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the outdoor sofa market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global outdoor sofa market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South & Central America. The outdoor sofa market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the outdoor sofa market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the outdoor sofa market in these regions.
MARKET PLAYERS
The report covers vital developments in the outdoor sofa market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from the outdoor sofa market are anticipated to witness lucrative growth opportunities in the future with the rising demand for outdoor sofa in the global market. Below mentioned is the list of few companies engaged in the outdoor sofa market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the outdoor sofa market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
- Apricity Outdoor
- Brown Jordan
- Century Furniture LLC.
- Herman Miller, Inc.
- La-Z-Boy Incorporated
- Ikea Group
- Ashely Industries
- Keter Group
- Lloyd Flanders
- Arflex
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Outdoor Sofa Market - By Type
1.3.2 Outdoor Sofa Market - By Distribution Channel
1.3.3 Outdoor Sofa Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. OUTDOOR SOFA MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. OUTDOOR SOFA MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. OUTDOOR SOFA MARKET - GLOBAL MARKET ANALYSIS
6.1. OUTDOOR SOFA - GLOBAL MARKET OVERVIEW
6.2. OUTDOOR SOFA - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. OUTDOOR SOFA MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. STANDARD
7.3.1. Overview
7.3.2. Standard Market Forecast and Analysis
7.4. RECLINER
7.4.1. Overview
7.4.2. Recliner Market Forecast and Analysis
7.5. CONVERTIBLE
7.5.1. Overview
7.5.2. Convertible Market Forecast and Analysis
7.6. OTHERS
7.6.1. Overview
7.6.2. Others Market Forecast and Analysis
8. OUTDOOR SOFA MARKET - REVENUE AND FORECASTS TO 2028 - DISTRIBUTION CHANNEL
8.1. OVERVIEW
8.2. DISTRIBUTION CHANNEL MARKET FORECASTS AND ANALYSIS
8.3. SUPERMARKETS AND HYPERMARKETS
8.3.1. Overview
8.3.2. Supermarkets and Hypermarkets Market Forecast and Analysis
8.4. SPECIALTY STORES
8.4.1. Overview
8.4.2. Specialty Stores Market Forecast and Analysis
8.5. ONLINE RETAILS
8.5.1. Overview
8.5.2. Online Retails Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. OUTDOOR SOFA MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Outdoor Sofa Market Overview
9.1.2 North America Outdoor Sofa Market Forecasts and Analysis
9.1.3 North America Outdoor Sofa Market Forecasts and Analysis - By Type
9.1.4 North America Outdoor Sofa Market Forecasts and Analysis - By Distribution Channel
9.1.5 North America Outdoor Sofa Market Forecasts and Analysis - By Countries
9.1.5.1 United States Outdoor Sofa Market
9.1.5.1.1 United States Outdoor Sofa Market by Type
9.1.5.1.2 United States Outdoor Sofa Market by Distribution Channel
9.1.5.2 Canada Outdoor Sofa Market
9.1.5.2.1 Canada Outdoor Sofa Market by Type
9.1.5.2.2 Canada Outdoor Sofa Market by Distribution Channel
9.1.5.3 Mexico Outdoor Sofa Market
9.1.5.3.1 Mexico Outdoor Sofa Market by Type
9.1.5.3.2 Mexico Outdoor Sofa Market by Distribution Channel
9.2. EUROPE
9.2.1 Europe Outdoor Sofa Market Overview
9.2.2 Europe Outdoor Sofa Market Forecasts and Analysis
9.2.3 Europe Outdoor Sofa Market Forecasts and Analysis - By Type
9.2.4 Europe Outdoor Sofa Market Forecasts and Analysis - By Distribution Channel
9.2.5 Europe Outdoor Sofa Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Outdoor Sofa Market
9.2.5.1.1 Germany Outdoor Sofa Market by Type
9.2.5.1.2 Germany Outdoor Sofa Market by Distribution Channel
9.2.5.2 France Outdoor Sofa Market
9.2.5.2.1 France Outdoor Sofa Market by Type
9.2.5.2.2 France Outdoor Sofa Market by Distribution Channel
9.2.5.3 Italy Outdoor Sofa Market
9.2.5.3.1 Italy Outdoor Sofa Market by Type
9.2.5.3.2 Italy Outdoor Sofa Market by Distribution Channel
9.2.5.4 United Kingdom Outdoor Sofa Market
9.2.5.4.1 United Kingdom Outdoor Sofa Market by Type
9.2.5.4.2 United Kingdom Outdoor Sofa Market by Distribution Channel
9.2.5.5 Russia Outdoor Sofa Market
9.2.5.5.1 Russia Outdoor Sofa Market by Type
9.2.5.5.2 Russia Outdoor Sofa Market by Distribution Channel
9.2.5.6 Rest of Europe Outdoor Sofa Market
9.2.5.6.1 Rest of Europe Outdoor Sofa Market by Type
9.2.5.6.2 Rest of Europe Outdoor Sofa Market by Distribution Channel
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Outdoor Sofa Market Overview
9.3.2 Asia-Pacific Outdoor Sofa Market Forecasts and Analysis
9.3.3 Asia-Pacific Outdoor Sofa Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Outdoor Sofa Market Forecasts and Analysis - By Distribution Channel
9.3.5 Asia-Pacific Outdoor Sofa Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Outdoor Sofa Market
9.3.5.1.1 Australia Outdoor Sofa Market by Type
9.3.5.1.2 Australia Outdoor Sofa Market by Distribution Channel
9.3.5.2 China Outdoor Sofa Market
9.3.5.2.1 China Outdoor Sofa Market by Type
9.3.5.2.2 China Outdoor Sofa Market by Distribution Channel
9.3.5.3 India Outdoor Sofa Market
9.3.5.3.1 India Outdoor Sofa Market by Type
9.3.5.3.2 India Outdoor Sofa Market by Distribution Channel
9.3.5.4 Japan Outdoor Sofa Market
9.3.5.4.1 Japan Outdoor Sofa Market by Type
9.3.5.4.2 Japan Outdoor Sofa Market by Distribution Channel
9.3.5.5 South Korea Outdoor Sofa Market
9.3.5.5.1 South Korea Outdoor Sofa Market by Type
9.3.5.5.2 South Korea Outdoor Sofa Market by Distribution Channel
9.3.5.6 Rest of Asia-Pacific Outdoor Sofa Market
9.3.5.6.1 Rest of Asia-Pacific Outdoor Sofa Market by Type
9.3.5.6.2 Rest of Asia-Pacific Outdoor Sofa Market by Distribution Channel
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Outdoor Sofa Market Overview
9.4.2 Middle East and Africa Outdoor Sofa Market Forecasts and Analysis
9.4.3 Middle East and Africa Outdoor Sofa Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Outdoor Sofa Market Forecasts and Analysis - By Distribution Channel
9.4.5 Middle East and Africa Outdoor Sofa Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Outdoor Sofa Market
9.4.5.1.1 South Africa Outdoor Sofa Market by Type
9.4.5.1.2 South Africa Outdoor Sofa Market by Distribution Channel
9.4.5.2 Saudi Arabia Outdoor Sofa Market
9.4.5.2.1 Saudi Arabia Outdoor Sofa Market by Type
9.4.5.2.2 Saudi Arabia Outdoor Sofa Market by Distribution Channel
9.4.5.3 U.A.E Outdoor Sofa Market
9.4.5.3.1 U.A.E Outdoor Sofa Market by Type
9.4.5.3.2 U.A.E Outdoor Sofa Market by Distribution Channel
9.4.5.4 Rest of Middle East and Africa Outdoor Sofa Market
9.4.5.4.1 Rest of Middle East and Africa Outdoor Sofa Market by Type
9.4.5.4.2 Rest of Middle East and Africa Outdoor Sofa Market by Distribution Channel
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Outdoor Sofa Market Overview
9.5.2 South and Central America Outdoor Sofa Market Forecasts and Analysis
9.5.3 South and Central America Outdoor Sofa Market Forecasts and Analysis - By Type
9.5.4 South and Central America Outdoor Sofa Market Forecasts and Analysis - By Distribution Channel
9.5.5 South and Central America Outdoor Sofa Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Outdoor Sofa Market
9.5.5.1.1 Brazil Outdoor Sofa Market by Type
9.5.5.1.2 Brazil Outdoor Sofa Market by Distribution Channel
9.5.5.2 Argentina Outdoor Sofa Market
9.5.5.2.1 Argentina Outdoor Sofa Market by Type
9.5.5.2.2 Argentina Outdoor Sofa Market by Distribution Channel
9.5.5.3 Rest of South and Central America Outdoor Sofa Market
9.5.5.3.1 Rest of South and Central America Outdoor Sofa Market by Type
9.5.5.3.2 Rest of South and Central America Outdoor Sofa Market by Distribution Channel
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. OUTDOOR SOFA MARKET, KEY COMPANY PROFILES
11.1. APRICITY OUTDOOR
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. BROWN JORDAN
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. CENTURY FURNITURE LLC.
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. HERMAN MILLER, INC.
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. LA-Z-BOY INCORPORATED
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. IKEA GROUP
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. ASHELY INDUSTRIES
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. KETER GROUP
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. LLOYD FLANDERS
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. ARFLEX
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1.Apricity Outdoor
2.Brown Jordan
3.Century Furniture LLC.
4.Herman Miller, Inc.
5.La-Z-Boy Incorporated
6.Ikea Group
7.Ashely Industries
8.Keter Group
9.Lloyd Flanders
10.Arflex
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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