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Global Outdoor Furniture Market: By Material: Wood, Metal, Plastic, Textile, Others; By Product: Chairs, Table, Seating Sets, Dining Sets, Loungers and Daybeds, Others; By End-Use; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Price Analysis; Competitive Landscape; Industry Events and Developments
Global Outdoor Furniture Market Outlook
The global outdoor furniture market is expected to grow in the forecast period of 2021-2026 at a CAGR of 5%.
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Surging Renovation Activities Boosting the Market Growth of Outdoor Furniture
The outdoor furniture industry is aided by the growth of the housing development industry. The latter has prospered in the last few years due to the growth in the value of houses and the rising demand to improve the comfort, aesthetics, and safety of the homes. Outdoor furniture is widely used in the hospitality industry, and the growth of the tourism sector has lubricated the industry growth. They are widely used as decorative lounge chairs, upholsteries, and tables in hotels and restaurants, which further propel the market growth.
North America is one of the largest markets for outdoor furniture due to the shift towards better living conditions and the rising demand for aesthetic outdoor spaces. The tourism sector is flourishing rapidly in the continent because of the high disposable income and changing lifestyles, further invigorating the market for outdoor furniture. Moreover, the increasing renovation sector and the construction of new enclosed spaces are also lubricating the market growth. Additionally, the prominence of wood in the construction of outdoor furniture is providing an eco-friendly option to environmentally conscious consumers, hence catalysing the market growth. The Asia Pacific market is also witnessing robust growth due to the rapid urbanisation, and the rising popularity of outdoor leisure spaces, consequently contributing to the overall market growth of outdoor furniture.
Outdoor Furniture: Industry Definition and Segmentation
Outdoor furniture, variously known as garden or patio furniture, is specially designed for the outdoors and is generally made of weather-resistant materials. They are not only beautiful but also sophisticated and durable. They generally include furniture, such as chairs, tables, and loungers, among others, and are generally made of plastics, wood, aluminium, wicker, and wrought iron, among others.
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Based on the materials, the market is divided into:
- Wood
- Metal
- Plastic
- Textile
- Others
The major products of outdoor furniture are:
- Chairs
- Table
- Seating Sets
- Dining Sets
- Loungers and Daybeds
- Others
The market, on the basis of end-use, can be broadly categorised into:
- Residential
- Commercial
- Others
The EMR report looks into the regional markets of outdoor furniture like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Flourishing Tourism Sector to Bolster the Market Growth of Outdoor Furniture
The growing demand for open spaces, the evolving architectural trends, and the development of spaces, such as courtyard and balcony, facilitate the market growth. Rapid urbanisation and the escalating income levels, along with the improved living conditions, have increased the demand for outdoor furniture and are anticipated to propel the market growth. The surging real estate industry, especially the residential sector, is one of the significant drivers of the market. The rising demand for quality houses with open spaces in developing countries is also aiding the market growth. Furthermore, the emergence of the middle class has enabled spending on the tourism sector. This has led to the increasing development of hotels, resorts, gardens, and open public spaces customised for mainly leisure purposes, consequently facilitating the market growth.
Moreover, the upcoming launches of customised, creative, innovative, and modern furniture are also anticipated to propel the market for outdoor furniture. Additionally, the rise in construction and renovation activities of public spaces by the governments is also contributing to the growth of the market. Furthermore, the spread of the coronavirus and the associated high risk of contagion in closed spaces has significantly increased the demand for activities in open spaces. This has led to the shift from closed spaces to open spaces, especially in the hospitality and entertainment industry. This shift, along with the promotion of open activities by various governments, is expected to boost the market growth.
Key Industry Players in the Global Outdoor Furniture Market
The report presents a detailed analysis of the following key players in the global outdoor furniture market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Ace Hardware Corporation
- Century Furniture LLC
- Forever Patio
- Haworth, Inc.
- Nilkamal Furniture
- Others
The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Outdoor Furniture Market Analysis
8.1 Key Industry Highlights
8.2 Global Outdoor Furniture Historical Market (2016-2020)
8.3 Global Outdoor Furniture Market Forecast (2021-2026)
8.4 Global Outdoor Furniture Market by Material
8.4.1 Wood
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2016-2020)
8.4.1.3 Forecast Trend (2021-2026)
8.4.2 Metal
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2016-2020)
8.4.2.3 Forecast Trend (2021-2026)
8.4.3 Plastic
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2016-2020)
8.4.3.3 Forecast Trend (2021-2026)
8.4.4 Textile
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2016-2020)
8.4.4.3 Forecast Trend (2021-2026)
8.4.5 Others
8.5 Global Outdoor Furniture Market by Product
8.5.1 Chairs
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2016-2020)
8.5.1.3 Forecast Trend (2021-2026)
8.5.2 Table
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2016-2020)
8.5.2.3 Forecast Trend (2021-2026)
8.5.3 Seating Sets
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2016-2020)
8.5.3.3 Forecast Trend (2021-2026)
8.5.4 Dining Sets
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2016-2020)
8.5.4.3 Forecast Trend (2021-2026)
8.5.5 Loungers and Daybeds
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2016-2020)
8.5.5.3 Forecast Trend (2021-2026)
8.5.6 Others
8.6 Global Outdoor Furniture Market by End-Use
8.6.1 Residential
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2016-2020)
8.6.1.3 Forecast Trend (2021-2026)
8.6.2 Commercial
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2016-2020)
8.6.2.3 Forecast Trend (2021-2026)
8.6.3 Others
8.7 Global Outdoor Furniture Market by Region
8.7.1 Market Share
8.7.1.1 North America
8.7.1.2 Europe
8.7.1.3 Asia Pacific
8.7.1.4 Latin America
8.7.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2016-2020)
9.1.2 Forecast Trend (2021-2026)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2016-2020)
9.2.2 Forecast Trend (2021-2026)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2016-2020)
9.3.2 Forecast Trend (2021-2026)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2016-2020)
9.4.2 Forecast Trend (2021-2026)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2016-2020)
9.5.2 Forecast Trend (2021-2026)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 EMR’s Key Indicators for Demand
10.4 EMR’s Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Ace Hardware Corporation
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Century Furniture LLC
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Forever Patio
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Haworth, Inc.
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Nilkamal Furniture
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Others
13 Industry Events and Developments
List of Figures and Tables
1. Global Outdoor Furniture Market: Key Industry Highlights, 2016 and 2026
2. Global Outdoor Furniture Historical Market: Breakup by Material (USD Billion), 2016-2020
3. Global Outdoor Furniture Market Forecast: Breakup by Material (USD Billion), 2021-2026
4. Global Outdoor Furniture Historical Market: Breakup by Product (USD Billion), 2016-2020
5. Global Outdoor Furniture Market Forecast: Breakup by Product (USD Billion), 2021-2026
6. Global Outdoor Furniture Historical Market: Breakup by End-Use (USD Billion), 2016-2020
7. Global Outdoor Furniture Market Forecast: Breakup by End-Use (USD Billion), 2021-2026
8. Global Outdoor Furniture Historical Market: Breakup by Region (USD Billion), 2016-2020
9. Global Outdoor Furniture Market Forecast: Breakup by Region (USD Billion), 2021-2026
10. North America Outdoor Furniture Historical Market: Breakup by Country (USD Billion), 2016-2020
11. North America Outdoor Furniture Market Forecast: Breakup by Country (USD Billion), 2021-2026
12. Europe Outdoor Furniture Historical Market: Breakup by Country (USD Billion), 2016-2020
13. Europe Outdoor Furniture Market Forecast: Breakup by Country (USD Billion), 2021-2026
14. Asia Pacific Outdoor Furniture Historical Market: Breakup by Country (USD Billion), 2016-2020
15. Asia Pacific Outdoor Furniture Market Forecast: Breakup by Country (USD Billion), 2021-2026
16. Latin America Outdoor Furniture Historical Market: Breakup by Country (USD Billion), 2016-2020
17. Latin America Outdoor Furniture Market Forecast: Breakup by Country (USD Billion), 2021-2026
18. Middle East and Africa Outdoor Furniture Historical Market: Breakup by Country (USD Billion), 2016-2020
19. Middle East and Africa Outdoor Furniture Market Forecast: Breakup by Country (USD Billion), 2021-2026
20. Global Outdoor Furniture Market Structure
Key Questions Answered in the Report
The market is projected to grow at a CAGR of 5% between 2021 and 2026.
The industry is being driven by the increasing home improvement and renovation activities.
The market is aided by trends, such as the flourishing tourism and hospitality sector, and the prevalence of open spaces due to COVID-19 pandemic.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major materials of outdoor furniture are wood, metal, plastic, and textile, among others.
The major type of outdoor furniture in the industry are chairs, tables, seating sets, dining sets, and loungers and daybeds, among others.
The significant end-uses in the market are residential and commercial, among others.
The major players in the industry are Ace Hardware Corporation, Century Furniture LLC, Forever Patio, Haworth, Inc., and Nilkamal Furniture, among others.
Analyst Review
The global outdoor furniture market is driven by the rising prevalence of renovation and housing development industry. Aided by the growing tourism and hospitality sector, the market is expected to witness a CAGR of 5% in the forecast period of 2021-2026.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its materials, the outdoor furniture industry can be segmented into wood, metal, plastic, and textile, among others. The market, based on the products are chairs, tables, seating sets, dining sets, and loungers and daybeds, among others. On the basis of end-users, the industry is divided into residential and commercial, among others. The major regional markets for outdoor furniture are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Ace Hardware Corporation, Century Furniture LLC, Forever Patio, Haworth, Inc., and Nilkamal Furniture, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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