+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Outdoor Furniture - Global Market Trajectory & Analytics

  • ID: 362137
  • Report
  • April 2021
  • Region: Global
  • Global Industry Analysts, Inc

FEATURED COMPANIES

  • Ace Hardware
  • Barbeques Galore
  • Century Furniture
  • Fischer Möbel GmbH
  • Heritage Home Group
  • The Home Depot Inc.
  • MORE
Global Outdoor Furniture Market to Reach $22.9 Billion by 2027

Amid the COVID-19 crisis, the global market for Outdoor Furniture estimated at US$17.1 Billion in the year 2020, is projected to reach a revised size of US$22.9 Billion by 2027, growing at a CAGR of 4.3% over the analysis period 2020-2027. Wood, one of the segments analyzed in the report, is projected to record a 4.4% CAGR and reach US$13.3 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Plastic segment is readjusted to a revised 4.6% CAGR for the next 7-year period.



The U.S. Market is Estimated at $4.6 Billion, While China is Forecast to Grow at 7.6% CAGR

The Outdoor Furniture market in the U.S. is estimated at US$4.6 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$5 Billion by the year 2027 trailing a CAGR of 7.6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.4% and 3.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.2% CAGR.

Metal Segment to Record 3.7% CAGR

In the global Metal segment, USA, Canada, Japan, China and Europe will drive the 3.2% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$2 Billion in the year 2020 will reach a projected size of US$2.5 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$3.3 Billion by the year 2027, while Latin America will expand at a 4.6% CAGR through the analysis period.

Select Competitors (Total 152 Featured):
  • Ace Hardware
  • Adams Manufacturing
  • Agio International Co.,
  • Barbeques Galore
  • Brown Jordan
  • Casual Living
  • Century Furniture
  • DEDON
  • Emu Group S.p.A.
  • Fischer Möbel GmbH
  • Forever Patio
  • Hartman
  • Heritage Home Group
  • Homecrest Outdoor Living LLC
  • KETTAL Group
  • Royal Botania NV
  • The Home Depot Inc.
  • The Keter Group
  • Treasure Garden Inc.
  • Trex Company Inc.
  • Winston Furniture Co. Inc.
  • Yotrio Corp.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Ace Hardware
  • Barbeques Galore
  • Century Furniture
  • Fischer Möbel GmbH
  • Heritage Home Group
  • The Home Depot Inc.
  • MORE
I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • A Prelude
  • Recent Market Activity
  • Developing Economies to Drive Future Growth
  • Macro-Economic Indicators
  • Improvement in GDP Performance Bodes Well for the Market
  • Construction Industry - Revival in the Residential & Commercial Construction Sectors Aid Outdoor Furniture Market
  • Growing Middle Class Population Propels Outdoor Furniture Market
  • Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
  • Ace Hardware (USA)
  • Adams Manufacturing (USA)
  • Agio International Co. (USA)
  • Barbeques Galore (Australia)
  • Brown Jordan (USA)
  • Casual Living (USA)
  • Century Furniture (USA)
  • DEDON (Germany)
  • Emu Group S.p.A. (Italy)
  • Fischer Möbel GmbH (Germany)
  • Forever Patio (USA)
  • Hartman (The Netherlands)
  • Heritage Home Group (USA)
  • Homecrest Outdoor Living, LLC (USA)
  • KETTAL GROUP (Spain)
  • Royal Botania NV (Belgium)
  • The Home Depot, Inc. (USA)
  • The Keter Group (Israel)
  • Treasure Garden Inc. (USA)
  • Trex Company, Inc. (USA)
  • Winston Furniture Co. Inc. (USA)
  • Yotrio Corporation (USA)
3. MARKET TRENDS & DRIVERS
  • Socializing and Recreation Bolster the Need for Outdoor Furniture
  • Evolving Consumer Preferences
  • Innovations Blur the Difference between Outdoor and Indoor Furniture
  • Innovations Blur the Difference between Outdoor and Indoor Furniture
  • Ultramodern and Chic Furniture in Vogue
  • Comfort: A Key Determinant of Product Success
  • A Style Statement Rather Than A Necessity
  • High-End Technology Grips Outdoor Furniture Design Space
  • Outdoor Furniture: No Longer an Afterthought for Improving Outdoor Comfort
  • Online Purchases Gain Steam
  • Retailers and Manufacturers Hop on to the ‘M-Commerce’ Bandwagon
  • Fast-Paced and Stressful Lifestyles Create the Need for Outdoor Furniture
  • Innovative Weather Resistant Materials & Fabrics Help Fan the Demand
  • Eco-Friendly Outdoor Furniture Gains Prominence
  • Ergonomics: A Key Design Variable
  • Styling and Aesthetics Gain Prominence
  • Premium Products Take On a High Profile
  • Innovative Fabrics Catch the Fancy of Homeowners
  • Customers Become Increasingly Hard-to-Please
  • Aluminium Patio Furniture Gains Steam
  • Outdoor Benches: A Part of the Must-Have Outdoor Furniture Collectables
  • Patio Umbrellas Offer a Much Needed Respite from the Sun & Rain
  • Comfort - A Key Driving Factor for Hammocks
  • Thin Line Dividing the Indoor and Outdoor Products
  • Outdoor Furniture Made To Look & Feel Like Indoor Furniture
  • DIY Multiples and Garden Centers: The Key Channels
4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS
  • UNITED STATES
  • CANADA
  • JAPAN
  • CHINA
  • EUROPE
  • FRANCE
  • GERMANY
  • ITALY
  • UNITED KINGDOM
  • SPAIN
  • RUSSIA
  • REST OF EUROPE
  • ASIA-PACIFIC
  • AUSTRALIA
  • INDIA
  • SOUTH KOREA
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • ARGENTINA
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • IRAN
  • ISRAEL
  • SAUDI ARABIA
  • UNITED ARAB EMIRATES
  • REST OF MIDDLE EAST
  • AFRICA
IV. COMPETITION
  • Total Companies Profiled: 152
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Ace Hardware
  • Adams Manufacturing
  • Agio International Co.
  • Barbeques Galore
  • Brown Jordan
  • Casual Living
  • Century Furniture
  • DEDON
  • Emu Group S.p.A.
  • Fischer Möbel GmbH
  • Forever Patio
  • Hartman
  • Heritage Home Group
  • Homecrest Outdoor Living LLC
  • KETTAL Group
  • Royal Botania NV
  • The Home Depot Inc.
  • The Keter Group
  • Treasure Garden Inc.
  • Trex Company Inc.
  • Winston Furniture Co. Inc.
  • Yotrio Corp.
Note: Product cover images may vary from those shown
Adroll
adroll