Outdoor Furniture Market Size, Segments, and Trends by 2027
Outdoor Furniture Market: Strategic Insights
Outdoor Furniture Market
-
CAGR (2018 - 2027)4.5% -
Market Size 2018
US$ 17.84 Billion -
Market Size 2027
US$ 26.6 Billion
Market Dynamics
GROWTH DRIVERS
- Increasing disposable incomes
- Urbanization and growing population
- Changing lifestyles and preferences
- Rising demand for outdoor living spaces
- Government initiatives and policies
- Technological advancements
- E-commerce and online sales
- Global trade and export opportunities
FUTURE TRENDS
- Sustainable and eco-friendly materials
- Modular and customizable designs
- Smart outdoor furniture with integrated technology
- Increased focus on durability and weather resistance
- Growing demand for multifunctional outdoor furniture
- Emphasis on comfort and ergonomics
- Aesthetically pleasing and stylish designs
- Rise of minimalist and Scandinavian-inspired styles
OPPORTUNITIES
- Growing urbanization and increased outdoor living
- Rising disposable incomes and consumer spending
- Demand for high-quality and stylish outdoor furniture
- Opportunities in emerging markets
- Potential for partnerships and collaborations
- Innovation in design and functionality
- Customization and personalization options
- E-commerce and online sales channels
Key Players
- Agio International Company Ltd
- Ashley Home Stores Ltd
- Barbeques Galore
- Brown Jordan
- Century Furniture LLC
- Home crest Outdoor Living LLC
- Keter Group
- Inter IKEA Systems B V
- Florida Patio Furniture Inc
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Material
- Metal
- Plastic
- Wood
Product
- Chairs
- Tables
- Seating Sets
- Loungers and Daybeds
- Dining Sets
End User
- Residential
- Commercial