PUBLISHER: Value Market Research | PRODUCT CODE: 1547615
PUBLISHER: Value Market Research | PRODUCT CODE: 1547615
The global demand for Outdoor Furniture Market is presumed to reach the market size of nearly USD 95.01 Billion by 2032 from USD 55.2 Billion in 2023 with a CAGR of 6.22% under the study period 2024-2032.
Outdoor furniture, also referred to as garden furniture, is built explicitly for outdoor use. This furniture is generally made with heavy-duty teak, weather-resistant wicker, and fabrics that are tough-as-nails to provide all the comfort and functionality needed to enjoy every moment outdoors. The standard outdoor furniture includes tables, chairs, parasol, picnic tables, chaise lounge, and couches. Few aspects to examine when choosing outdoor furniture frames, tabletops and upholstery are the costs, the green-ness, the ability to retain structural integrity, and their appearance over many seasons and various weather conditions. Modern outdoor furniture available in chicer designs, with more comfortable fabrics and fibers, can be used indoors too.
Rapid urbanization and patio becoming a new favorite hangout spot in modern households are the main trending factors for the market's growth. Manufacture of an impressive range of fashionable and contemporary furniture suiting style-minded customers will help maintain steady market growth. Availability of exquisite outdoor furniture whose architectural character is inspired by historical heritage will provide lucrative opportunities for market growth. Increased investments in the hospitality sector and production of dynamic furniture to meet modern-day customers' demands like raisable trays for laptop use, configurable seating that conforms to your space will benefit market growth. The high costs of this furniture are the only barrier hampering the market growth.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Outdoor Furniture. The growth and trends of Outdoor Furniture industry provide a holistic approach to this study.
This section of the Outdoor Furniture market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Outdoor Furniture market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Outdoor Furniture market include Inter IKEA Systems B.V., Ashley Outdoor Furniture Industries Inc., Brown Jordan Inc., Kenter, Agio International Company, LTD, Lloyd Flanders Inc., Barbeques Galore, Century Outdoor Furniture LLC., Aura Global Outdoor Furniture, Kimball International Inc. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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