United States Outdoor Furniture Market Size, Share, Report: By Type: Outdoor Seating, Outdoor Tables, Outdoor Storage, Others; By Application: Residential, Commercial, Others; By Distribution Channel: Online, Offline; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2024-2032

United States Outdoor Furniture Market Size

The United States outdoor furniture market reached a value of nearly USD 6.15 billion in 2023. The market is estimated to grow at a CAGR of 5.6% during the forecast period of 2024-2032 to attain around USD 10.04 billion by 2032.

United States Outdoor Furniture Market Outlook

The percentage of homeowners who spent USD 25,000 or above on home renovations increased to 51% in 2023, which has significantly propelled the United States outdoor furniture market growth. As the number of renovations increases, the demand for outdoor furniture also increases. A key driver of the market is the shift in lifestyle of individuals who are increasingly connecting with nature and switching to an outdoor lifestyle. This is also due to their growing concern for health and leading healthy lives in general, prompting demand for ergonomic furniture.

Another factor that boosts the development of outdoor furniture is the numerous rapid innovations in the sector. Keeping functionality, design as well as comfort in mind, designers are inventing furniture that is popular among users for its aesthetics, which has positively impacted the United States outdoor furniture market development.

The Rising Demand for Stylish and Comfortable Outdoor Seating Options is One of the Crucial United States Outdoor Furniture Market Trends

• Outdoor seating is expected to experience the highest growth in the market from 2024 to 2032, with a CAGR of 6.2%. The increasing demand for comfortable and stylish seating options in residential and commercial outdoor spaces is increasing the United States outdoor furniture market value. 

• Outdoor tables, with a CAGR of 5.9%, follow closely, supported by their essential role in dining and socialising outdoors. 

• Outdoor storage, growing at a CAGR of 5.4%, witnesses steady demand as consumers seek practical and space-saving solutions for storing outdoor items. 

• As per the United States outdoor furniture market analysis, the 'Others' category, with a CAGR of 5.0%, includes various additional outdoor furniture types, contributing to overall market growth at a slower pace due to their niche applications.

The Growing Popularity of Home Improvement Projects is Driving the United States Outdoor Furniture Market Expansion

• Residential applications are expected to hold a significant portion of the United States outdoor furniture market share, growing at a CAGR of 6.3%, driven by the growing trend of enhancing outdoor living spaces and the increasing popularity of home improvement projects. 

• Commercial applications are estimated to grow at a CAGR of 5.9% between 2024 and 2032. The expansion of the hospitality and tourism industries and the consequent rise in the demand for outdoor furniture in hotels, restaurants, and resorts are creating lucrative United States outdoor furniture market opportunities. 

• The 'Others' category, with a CAGR of 5.3%, includes various additional applications contributing to overall market growth at a slower pace due to their specialised and niche use cases.

United States Outdoor Furniture Market Regional Analysis

• As per the United States outdoor furniture industry statistics, the Far West region is expected to lead with the highest CAGR of 6.5%, driven by strong demand for outdoor living spaces and favourable weather conditions that encourage outdoor activities. 

• The Rocky Mountain region follows with a CAGR of 6.0%, supported by the growing popularity of outdoor recreation and tourism, which fuels the demand for outdoor furniture. 

• The Southwest is estimated to grow at a CAGR of 5.8% during the forecast period of 2024-2032. The region's expansive residential developments and a preference for outdoor lifestyles are boosting the United States outdoor furniture market revenue. 

• The Southeast, at 5.5%, reflects moderate growth driven by a large population and increasing interest in outdoor home improvement projects. 

• New England, with a 5.2% CAGR, shows steady growth, supported by a focus on high-quality and durable outdoor furniture. 

• The United States outdoor furniture market regional statistics suggest that Mideast and Plains regions, with CAGRs of 4.8% and 4.5% respectively, exhibit slower growth due to more traditional market structures and smaller outdoor living spaces. 

• The Great Lakes region, at 4.2%, experiences the slowest growth, reflecting economic challenges and less emphasis on outdoor furniture.

Key Questions Answered in This Report:

• How has the United States outdoor furniture market performed historically, and what are the growth expectations for the future?

• What are the primary factors influencing demand and growth in the United States outdoor furniture market?

• What are the key segments within the United States outdoor furniture market, and how are they expected to evolve over the forecast period?

• What are the major challenges and opportunities facing stakeholders in the United States outdoor furniture market?

• Who are the key players in the United States outdoor furniture market, and what strategies are they employing to maintain a competitive edge?

• What are the regulatory and policy factors influencing the United States outdoor furniture market globally or regionally?

• How competitive is the United States outdoor furniture market according to Porter's five forces analysis, including factors like the bargaining power of buyers and suppliers?

• What are the current trends shaping the United States outdoor furniture market landscape, and how are they expected to evolve in the future?

• How are technological advancements impacting the United States outdoor furniture market, and what role do innovation and R&D play in driving growth?

• What are the consumer preferences and buying behaviour trends influencing the United States outdoor furniture market?

• How sustainable are current growth rates in the United States outdoor furniture market, and what factors could potentially disrupt these trends?

• What are the regional dynamics within the United States outdoor furniture market, and how do they contribute to overall market growth?

• What are the economic factors influencing the United States outdoor furniture market, such as GDP growth, inflation rates, and currency fluctuations?

• How are demographic shifts, such as ageing populations or urbanization trends, affecting demand in the United States outdoor furniture market?

• What are the key strategic partnerships, mergers, and acquisitions shaping the competitive landscape of the United States outdoor furniture market?

• What are the regulatory and legal frameworks impacting the United States outdoor furniture market globally or in key regions?

• How are changing consumer lifestyles and preferences influencing product or service demand within the United States outdoor furniture market?

• What are the emerging market trends and niche opportunities within the United States outdoor furniture market that stakeholders should be aware of?

• How resilient is the United States outdoor furniture market to external shocks or disruptions, such as geopolitical tensions or natural disasters?

• What are the potential barriers to market entry and growth for new players in the United States outdoor furniture market?

Key Benefits for Stakeholders:

Expert Market Research's industry report provides a comprehensive quantitative analysis of various market segments, and historical and current market trends, and forecasts the dynamics of the United States outdoor furniture market spanning from 2018 to 2032. 

The research report delivers up-to-date insights into the market drivers, challenges, and opportunities shaping the United States outdoor furniture market.

Stakeholders can leverage Porter's five forces analysis to assess the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. This analysis aids in evaluating the competitiveness and attractiveness of the United States outdoor furniture market.

The competitive landscape section enables stakeholders to gain a deep understanding of their competitive environment. It offers insights into the current market positions of key players, their strategies, and their market shares.

Additionally, the report highlights emerging trends, regulatory influences, and technological advancements that are pivotal for stakeholders navigating the United States outdoor furniture market landscape.

Key Highlights of the Report

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.