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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Outdoor Furniture Market Regional Analysis
North America is Witnessing Significant Growth Due to Flourishing Tourism Sector
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 outdoor furniture market share in North America. Moreover, the increasing renovation sector and the construction of new enclosed spaces are also propelling 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 growth of the outdoor furniture market.
Outdoor Furniture Market Report Snapshots
Outdoor Furniture Market Growth
Outdoor Furniture Market Trends
Outdoor Furniture Market Share
Outdoor Furniture Market Regional Analysis
*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.*
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Key Questions Answered in the Report
The outdoor furniture market is projected to grow at a CAGR of 5% between 2024 and 2032.
The major market drivers include the rising investments in housing development, the growing focus to improve the comfort, aesthetics, and safety of homes, and the robust growth of the hospitality sector.
The rising demand for aesthetic outdoor spaces, increasing renovation activities, the growing demand for open spaces, and surging launches of customised, creative, innovative, and modern furniture are the key trends fuelling the market expansion.
The major regions in the market 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 products of outdoor furniture include chairs, tables, seating sets, dining sets, loungers and daybeds, among others.
The significant end-uses of outdoor furniture are residential and commercial, among others.
The major players in the market are Ace Hardware Corporation, Century Furniture LLC, Forever Patio, Haworth, Inc., and Nilkamal Furniture, among others.
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