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Outdoor Furniture Market | Covid-19 Impact Analysis
The Outdoor Furniture Market is Segmented by Material Type (Wood, Metal, Plastic, Textile, and Others), by Product Type (Chairs, Table, Seating Sets, Dining Sets, Loungers & Daybeds, and Others), by End-Use Type (Residential, Commercial), and by Region (North America, Europe, Asia-Pacific, and Rest of the World)
Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.
Note: The summary below might not have included insights on covid impact since we have large number of reports.
Outdoor Furniture Market is likely to witness an impressive CAGR of 4.8% during the forecast period. The major factors such as rapid growth in home improvement industry across the globe accompanied by positive outlook for consumer spending in emerging nations, modern lifestyle and rapid socializing trends including outdoor dining at gardens, grilling & barbeque events, social gatherings, shifting trend among manufacturers from aluminum chairs to comfortable garden furniture over the years, and the design & product inventions supported by stimulating furniture demand are expected to fuel the growth of the outdoor furniture market during the forecast period.
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Outdoor Furniture Market - Snapshot |
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Growth |
4.8% for the next five years |
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Major Material Type |
Wood |
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Fastest Product Type |
Chairs |
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Dominant Application Type |
Residential |
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Region with the highest demand |
North America |
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Key Players |
Ace Hardware, Century Furniture, Dedon, EMU Group S.p.A., Forever Patio, Haworth, Inc., Roda Srl, Sun Garden GmbH, The Home Depot, Inc., and Unopiu. |
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Based on the material type, the market is segmented as wood, metal, plastic, textile, and others. Wood accounted for 50% share of the market in 2019 and is estimated to register high growth rate during the forecast period. Manufacturers are shifting towards environmental friendly materials such as MOSO bamboo, which is harder and stronger as compared to oak. Furthermore, materials such as mahogany, redwood, teak, pine, cedar, eucalyptus, and composite materials are used on a larger basis for making furniture, and various attractive designs that enhances the look of the outdoor spaces is expected to boost the growth of the market during the forecast period.
Based on the product type, the market is segmented as chairs, table, seating sets, dining sets, loungers & daybeds, and others. Chairs are estimated to be the fastest-growing product type with 6% CAGR during the forecast period. The major materials such as wood, fabrics, metals, textiles, and plastics are used for producing chairs. Chairs provide high comfort including materials and components which are used with the materials having waterproof features in the making. Moreover, the growing popularity due to the color blending and high comfort are expected to accelerate the growth of the outdoor furniture market during the forecast period.
Based on the end-use type, the market is segmented as residential and commercial. The residential end-use segment accounted for the largest share of the market in the year 2019. Factors such as improvement in income levels in various countries fueling the purchase trends for products in both residential and non-residential spaces, and urbanization are among the major drivers bolstering the growth of the segment.
In terms of regions, North America is estimated to account for the largest regional market in the coming years. The growth of the region’s market is attributed to the presence of multiple players including Bambrella, Woodard, Homecrest, Polywood, Whiteall Products, Uwharrie Chair, Galtech Umbrellas, Ow Lee, Telescope casual, and Lloyd Flanders. Moreover, the dominance of the market is supported by the expansion of several sectors including public gardens, hospitality, recreational sport areas, and open restaurants. Europe and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.
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Some of the key players in the outdoor furniture market are-
Outdoor furniture is specifically designed in a way to decorate and enhance the look of outdoor areas of any house or building and is typically made of weather-resistant materials such as aluminum which provides protection from rust.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
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Outdoor Furniture Market Research Report - Features |
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Market Segmentation |
4 |
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Regions Covered |
4 |
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Countries/Sub-Regions Covered |
17 |
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No. of Figures & Tables |
>150 |
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Company Profiles |
10 |
The outdoor furniture market is segmented into the following categories.
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This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Market Segmentation
Competitive Benchmarking
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected].
The outdoor furniture market is expected to witness an impressive growth of 4.8% CAGR in the foreseeable future.
Ace Hardware, Century Furniture, Dedon, EMU Group S.p.A., Forever Patio, Haworth, Inc., Roda Srl, Sun Garden GmbH, The Home Depot, Inc., and Unopiu are among the key players in the Outdoor Furniture Market.
North America is expected to be the largest outdoor furniture market during the next five years.
Chairs are estimated to be the fastest-growing product type in the outdoor furniture market in the coming years.
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