Market Insights
What is Patio Chair?
Patio chair, often known as garden chair or outdoor chair, is a sort of chair that is specifically created for use in the outdoors. It is often built of weather-resistant materials such as rust-proof aluminium. Patio furnitures are frequently marketed in patio sets that include a table, four or six seats, and a parasol. A patio table is a table used for enjoying a meal outside. Long chairs, often known as chaise longues, are popular. Couches, for example, have recently been used as seating furniture for conversation rooms. Metal, cane, wicker, rattan, cloth, plastic, polyester, teak wood, and polyethylene rattan are some of the materials used to make patio chairs.
The Patio Chairs Market is estimated to grow from USD XX million in 2020 to USD XX million by 2026 at a healthy CAGR of XX during the forecast period.
Patio Chairs Market- Research Scope
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Base Year of Study
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2020
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Trend Period
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2015-2019
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Forecast Period
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2021-2026
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Market Size in 2020
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US$ XX million
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Market Size in 2026
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US$ XX million
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Market Growth (2021-2026)
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XX CAGR
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Figure: Patio Chairs Market Size, 2020-2026 (USD Million)
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Market Drivers
Some of the factors driving the growth of patio chairs market include the rising trend in outdoor living, an increase in disposable income, and lifestyle changes. Furthermore, the growing popularity of leisure activities such as dining out and barbecue has resulted in an increase in demand for sophisticated outdoor furniture such as Patio Chairs. On the other side, the high cost of building patios and the scarcity of competent labour are projected to stifle growth. Patio Chairs are pieces of outdoor furniture that are specifically meant to be placed on a patio. Patios frequently have lighting and power outlets for the guests' convenience.
Covid-19 Impact Analysis
The COVID-19 pandemic had a substantial influence on throw blankets materials supply chains, international trade, and manufacturing processes all around the world. Patio Table output fell during the COVID-19 pandemic because market participants were forced to close production facilities or run them at less than optimal capacity to prevent the spread of the coronavirus. Furthermore, a scarcity of raw materials due to supply disruptions has resulted in a decrease in production.
Segments' Analysis
Application Trends
Based on application, the Patio Chairs market has been divided into Hotels, Restaurants, Residential, Other. The Residential accounted for the largest market share in 2020. Patio Chairs are frequently found in outdoor living rooms on residential patios. While entertaining guests, the table provides plenty of area for serving dishes or refreshments. It also comes in a variety of shapes (rectangular, circular).
Regional Trends
By region, the North America Patio Chairs market accounted for the largest share in 2020 and is expected to grow at a significant CAGR during the review period. The growing popularity of outdoor living, more disposable income, and lifestyle changes are driving the demand for Patio Chairs in North America.
The Asia Pacific Patio Chairs market is expected to grow at the highest CAGR during the review on account of the growth of the major end-use industries. Asia Pacific's growing economies, such as China, India, and Australia, have had considerable growth rates in recent years, and this, combined with changing lifestyles, has led to a surge in demand for high-quality patios that provide convenience both indoors and outdoors.
Critical Questions Answered in the Report
This market research report provides in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the global Patio Chairs market. The historic years considered for the study are 2016-2019, the base year is 2020, the estimated year is 2021, and the forecast period is 2022-2026. Following are the critical questions answered in the report.
- What are the key trends in the Patio Chairs market?
- How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?
- What is the impact of COVID-19 on the Patio Chairs market?
- What are the key strategies adopted by the major vendors to lead in the Patio Chairs market?
- What is the market share of the top vendors?
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Key Players
Key players operating in the Patio Chairs Market are-
- Kannoa
- KETTAL
- Fermob
- Adams
- Kettler
- POLYWOOD
- Florida Patio
- Telescope Casual
- Suncoast Furniture
- Summer Classics
- Feruci
- CC Patio
Target Audience
The target audience of Patio Chairs Market includes-
- Patio Chairs Vendors
- Patio Chairs Manufacturers
- Patio Chairs Distributors
- Hotels
- Restaurants
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