Outdoor Furniture Global Market Report 2024

Description

Outdoor furniture comprises furnishings specifically designed for external environments such as gardens, patios, decks, and similar open-air spaces. Typically crafted from materials engineered to withstand various weather conditions, including rain, sunlight, and temperature fluctuations, these pieces are carefully constructed to endure outdoor use.

The primary categories of products within outdoor furniture include seating sets, loungers, dining sets, chairs, tables, and miscellaneous items. Seating sets typically encompass a range of furniture pieces intended for outdoor sitting, lounging, or socializing. These sets are available in a variety of materials such as wood, metal, plastic, and others, catering to both residential and commercial end-users.

The outdoor furniture market research report is one of a series of new reports from The Business Research Company that provides outdoor furniture market statistics, including outdoor furniture industry global market size, regional shares, competitors with a outdoor furniture market share, detailed outdoor furniture market segments, market trends and opportunities, and any further data you may need to thrive in the outdoor furniture industry. This outdoor furniture market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The outdoor furniture market size has grown strongly in recent years. It will grow from $31.54 billion in 2023 to $33.51 billion in 2024 at a compound annual growth rate (CAGR) of 6.2%. The growth observed in the historic period can be attributed to several factors, including the expansion of outdoor living spaces, economic growth, shifts in lifestyle preferences, a rise in home improvement initiatives, and heightened awareness regarding outdoor comfort.

The outdoor furniture market size is expected to see strong growth in the next few years. It will grow to $43.39 billion in 2028 at a compound annual growth rate (CAGR) of 6.7%. The anticipated growth in the forecast period can be credited to several factors, including increasing disposable incomes, ongoing urbanization trends, the emergence of innovative design solutions, a surge in outdoor living preferences, and advancements in design practices. Key trends expected during this period encompass the utilization of luxurious textiles, sustainable materials, technological advancements, customization options, and the incorporation of innovative designs.

The outdoor furniture market is poised for growth due to the rising emphasis on home renovation. Home renovation involves updating residential properties to improve functionality, aesthetics, or value, driven by factors such as personalization, property value, and lifestyle changes. Outdoor furniture plays a crucial role in these projects, extending living spaces outdoors for relaxation and entertainment. According to the Joint Center for Housing Studies of Harvard University, expenditure on home improvement projects in the US is projected to increase from $472 billion in 2022 to $485 billion in 2024, further fueling the demand for outdoor furniture.

Key players within the outdoor furniture market are placing a strategic emphasis on innovation, particularly through the development of sustainable solutions such as recycled plastic furniture, aimed at driving growth, enhancing brand reputation, and gaining a competitive advantage. Recycled plastic furniture encompasses items crafted from reclaimed plastic materials, often sourced from post-consumer or post-industrial plastic waste streams, which undergo collection, processing, and transformation into durable, environmentally friendly furniture products. For instance, in June 2021, DCW Polymers Ltd., a UK-based sustainable outdoor product manufacturer, unveiled a line of outdoor furniture fabricated entirely from waste plastic sourced from businesses across the region. This initiative involves investment in a new plastic reprocessing line dedicated to converting waste plastics into recycled furniture, providing a sustainable alternative to traditional timber. The resulting furniture and products boast maintenance-free attributes, weatherproof resilience, and are manufactured using 100% recycled plastic waste obtained from various enterprises. The product range includes picnic benches, tables, chairs, fence posts, and decking, offering consumers a robust and eco-conscious choice for their outdoor spaces.

In July 2021, In a strategic move to broaden its outdoor living offerings, Best Buy, a US consumer electronics company, acquired Yardbird. This acquisition, for an undisclosed amount, aims to strengthen Best Buy's position in the outdoor furniture market by offering more options for customers to enhance their outdoor spaces. Yardbird specializes in creating recyclable furniture using recycled ocean plastic, aligning with Best Buy's sustainability goals and expanding its product portfolio in the outdoor living sector.

Major companies operating in the outdoor furniture market are The Home Depot Inc., Steelcase Inc, Woodard LLC, La-Z-Boy Inc, Skyline Design, Keter Plastic Ltd, Haworth Inc., Trex Company, Kimball International Inc., Century Furniture LLC, Dedon GmbH, Brown Jordan International, Tropitone Furniture Co., Summer Classics, Ebel Inc., Tuuci, Winston Furniture Company, Hauser Industries, Alfresco Home, Castelle Furniture Co Inc., Lloyd Flanders, Fermob, Sun Garden GmbH, EMU Group, Sifas

North America was the largest region in the outdoor furniture market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the outdoor furniture market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the outdoor furniture market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The outdoor furniture market consists of patio sets, chairs, benches, outdoor dining tables, outdoor bar sets, deck chairs, outdoor sofas, and sectionals. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Including: 1) By Product: Seating Sets; Loungers; Dining Sets; Chairs; Table
2) By Material Type: Wood; Metal; Plastic
3) By End-User: Residential; Commercial
Covering: The Home Depot Inc.; Steelcase Inc.; Woodard LLC; La-Z-Boy Inc.; Skyline Design

Product Code: r17409

1. Executive Summary

2. Outdoor Furniture Market Characteristics

3. Outdoor Furniture Market Trends And Strategies

4. Outdoor Furniture Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market

5. Global Outdoor Furniture Market Size and Growth

5.1. Global Outdoor Furniture Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Outdoor Furniture Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Outdoor Furniture Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Outdoor Furniture Market Segmentation

6.1. Global Outdoor Furniture Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Seating Sets
Loungers
Dining Sets
Chairs
Table
Other Products
6.2. Global Outdoor Furniture Market, Segmentation By Material Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Wood
Metal
Plastic
Others Material Types
6.3. Global Outdoor Furniture Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Residential
Commercial

7. Outdoor Furniture Market Regional And Country Analysis

7.1. Global Outdoor Furniture Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Outdoor Furniture Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Outdoor Furniture Market

8.1. Asia-Pacific Outdoor Furniture Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Outdoor Furniture Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Outdoor Furniture Market, Segmentation By Material Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Outdoor Furniture Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Outdoor Furniture Market

9.1. China Outdoor Furniture Market Overview
9.2. China Outdoor Furniture Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Outdoor Furniture Market, Segmentation By Material Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Outdoor Furniture Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Outdoor Furniture Market

10.1. India Outdoor Furniture Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Outdoor Furniture Market, Segmentation By Material Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Outdoor Furniture Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Outdoor Furniture Market

11.1. Japan Outdoor Furniture Market Overview
11.2. Japan Outdoor Furniture Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Outdoor Furniture Market, Segmentation By Material Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Outdoor Furniture Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Outdoor Furniture Market

12.1. Australia Outdoor Furniture Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Outdoor Furniture Market, Segmentation By Material Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Outdoor Furniture Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Outdoor Furniture Market

13.1. Indonesia Outdoor Furniture Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Outdoor Furniture Market, Segmentation By Material Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Outdoor Furniture Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Outdoor Furniture Market

14.1. South Korea Outdoor Furniture Market Overview
14.2. South Korea Outdoor Furniture Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Outdoor Furniture Market, Segmentation By Material Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Outdoor Furniture Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Outdoor Furniture Market

15.1. Western Europe Outdoor Furniture Market Overview
15.2. Western Europe Outdoor Furniture Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Outdoor Furniture Market, Segmentation By Material Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Outdoor Furniture Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Outdoor Furniture Market

16.1. UK Outdoor Furniture Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Outdoor Furniture Market, Segmentation By Material Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Outdoor Furniture Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Outdoor Furniture Market

17.1. Germany Outdoor Furniture Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Outdoor Furniture Market, Segmentation By Material Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Outdoor Furniture Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Outdoor Furniture Market

18.1. France Outdoor Furniture Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Outdoor Furniture Market, Segmentation By Material Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Outdoor Furniture Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Outdoor Furniture Market

19.1. Italy Outdoor Furniture Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Outdoor Furniture Market, Segmentation By Material Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Outdoor Furniture Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Outdoor Furniture Market

20.1. Spain Outdoor Furniture Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Outdoor Furniture Market, Segmentation By Material Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Outdoor Furniture Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Outdoor Furniture Market

21.1. Eastern Europe Outdoor Furniture Market Overview
21.2. Eastern Europe Outdoor Furniture Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Outdoor Furniture Market, Segmentation By Material Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Outdoor Furniture Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Outdoor Furniture Market

22.1. Russia Outdoor Furniture Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Outdoor Furniture Market, Segmentation By Material Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Outdoor Furniture Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Outdoor Furniture Market

23.1. North America Outdoor Furniture Market Overview
23.2. North America Outdoor Furniture Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Outdoor Furniture Market, Segmentation By Material Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Outdoor Furniture Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Outdoor Furniture Market

24.1. USA Outdoor Furniture Market Overview
24.2. USA Outdoor Furniture Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Outdoor Furniture Market, Segmentation By Material Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Outdoor Furniture Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Outdoor Furniture Market

25.1. Canada Outdoor Furniture Market Overview
25.2. Canada Outdoor Furniture Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Outdoor Furniture Market, Segmentation By Material Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Outdoor Furniture Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Outdoor Furniture Market

26.1. South America Outdoor Furniture Market Overview
26.2. South America Outdoor Furniture Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Outdoor Furniture Market, Segmentation By Material Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Outdoor Furniture Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Outdoor Furniture Market

27.1. Brazil Outdoor Furniture Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Outdoor Furniture Market, Segmentation By Material Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Outdoor Furniture Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Outdoor Furniture Market

28.1. Middle East Outdoor Furniture Market Overview
28.2. Middle East Outdoor Furniture Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Outdoor Furniture Market, Segmentation By Material Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Outdoor Furniture Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Outdoor Furniture Market

29.1. Africa Outdoor Furniture Market Overview
29.2. Africa Outdoor Furniture Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Outdoor Furniture Market, Segmentation By Material Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Outdoor Furniture Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Outdoor Furniture Market Competitive Landscape And Company Profiles

30.1. Outdoor Furniture Market Competitive Landscape
30.2. Outdoor Furniture Market Company Profiles
- 30.2.1. The Home Depot Inc.
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. Steelcase Inc
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. Woodard LLC
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. La-Z-Boy Inc
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. Skyline Design
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Outdoor Furniture Market Other Major And Innovative Companies

31.1. Keter Plastic Ltd
31.2. Haworth Inc.
31.3. Trex Company
31.4. Kimball International Inc.
31.5. Century Furniture LLC
31.6. Dedon GmbH
31.7. Brown Jordan International
31.8. Tropitone Furniture Co.
31.9. Summer Classics
31.10. Ebel Inc.
31.11. Tuuci
31.12. Winston Furniture Company
31.13. Hauser Industries
31.14. Alfresco Home
31.15. Castelle Furniture Co Inc.

32. Global Outdoor Furniture Market Competitive Benchmarking

33. Global Outdoor Furniture Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Outdoor Furniture Market

35. Outdoor Furniture Market Future Outlook and Potential Analysis

35.1 Outdoor Furniture Market In 2028 - Countries Offering Most New Opportunities
35.2 Outdoor Furniture Market In 2028 - Segments Offering Most New Opportunities
35.3 Outdoor Furniture Market In 2028 - Growth Strategies
- 35.3.1 Market Trend Based Strategies
- 35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. The Business Research Company
36.6. Copyright And Disclaimer