Decked out: The industry will likely experience less demand as the housing market stabilizes
The Retail Market for Outdoor Furniture has grown strongly over the five years to 2019. The industry includes all end sales of patio and other outdoor furniture, including through e-commerce platforms, department stores and specialized outlets. Demand for relevant products generally moves in line with the real estate market, which determines consumers' need to furnish new spaces, and per capita disposable income, which determines the discretionary budgets available to do so. Over the past five years, both have increased, pushing up industry sales significantly. Over the five years to 2024, the US real estate market is expected to cool to historic norms, which will slow demand for outdoor furniture slightly.
Operators in this industry retail outdoor furniture through traditional brick-and-mortar outlets, online websites and by mail order.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Target Corp
- Amazon.Com Inc
- Walmart Inc.
Methodology
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