Global Outdoor Furniture Market Size, Share and Trends Analysis Report, by Material (Wood, Metal, Plastic, Textile, and Others), by Product (Chairs, Tables, Seating Sets, Dining Sets, Loungers & Day Beds, and Others), by End-User (Residential and Commercial), by Price Range (High End, Medium, and Low), Forecast Period (2022-2028)

The global outdoor furniture market is anticipated to grow at a CAGR of 5.2% during the forecast period (2022-2028). The market demand is predicted to be driven by shifting customer preferences in emerging countries for residential private dwellings and commercial buildings. Consumer attention is shifting to improving outdoor spaces, such as balconies, gardens, and porches, to create more comfortable and appealing designs, resulting in market expansion. Consumers are prepared to spend their disposable cash on improving aesthetics and growing product diversity, notably in the design and manufacture of outdoor furniture products. Changing weather conditions have a direct impact on the demand for outdoor furniture in different countries.

As disposable income and travel spending have increased in recent years, the global tourism business has grown. This trend has provided a lucrative opportunity for outdoor furniture manufacturers. Rapid urbanization and a rising urban population are having a significant impact on emerging country lifestyle patterns. By enhancing the development of private residential buildings in rural and semi-urban areas, the growing urban population has pushed the outdoor furniture market demand. Furthermore, due to their great comfort and increased aesthetic benefits, outdoor furniture has become one of the most appealing goods in business and residential environments.

Moreover, the need for outdoor furniture is growing substantially throughout the Asia Pacific, that is propelling the regional market forward. In addition, the growing number of stadiums and cumulative government expenditure on public gardens and parks are driving the regional market. The growing demand for balcony furniture, fuelled by a booming real estate market, will have an impact on the market growth. The rising need for free space for backyard gardening, front yard & backyard lawns, interior gardens, and garden makeovers by boosting garden aesthetics with new architectural designs will help to drive product adoption.

Wood is one of the most popular materials for outdoor garden furniture due to features such as superior comfort, eco-friendliness, strength, and aesthetic appeal. It’s frequently employed in the manufacturing of both home and commercial outdoor furniture. Outdoor furniture made of wood is lightweight, long-lasting, and has an aesthetic and natural appeal, all of that contribute to market growth.

Market Coverage

• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
  • By Material
  • By Product
  • By End-User
  • By Price Range
• Regions Covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
• Competitive Landscape- Ace Hardware, Dedon, Haworth Inc., Steelcase Inc., Unopiu S.p.A, among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Outdoor Furniture Market Report by Segment

By Material

• Wood
• Metal
• Plastic
• Textile
• Others

By Product

• Chairs
• Tables
• Seating Sets
• Dining Sets
• Loungers & Day Beds
• Others

By End-User

• Residential
• Commercial

By Price Range

• High End
• Medium
• Low

 

Global Outdoor Furniture Market Report by Region

North America

• US
• Canada

Europe

• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe

Asia-Pacific

• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific

Rest of the World

• Latin America
• Middle East & Africa