U.S. Holds a Market Share of 84.9% in the North American Outdoor Furniture Market – Fact.MR Study

The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Outdoor Garden Furniture market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Outdoor Garden Furniture

The report offers actionable and valuable market insights of Outdoor Garden Furniture. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Outdoor Garden Furniture Market across various industries and regions.

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The outdoor garden furniture market was worth US$ 2 Bn in 2020, and is slated to expand at a CAGR of 7.6% to top US$ 4 Bn by 2031. The market is projected to offer an incremental opportunity of US$ 148 Mn through assessment period of 2021-2031.

North America is expected to contribute the highest share the global market, and this regional market is currently valued at US$ 782 Mn. Outdoor garden furniture sales account for 2% share of the global furniture market value.

Outdoor Garden Furniture Market Size (2020A) US$ 2 Bn
Projected Year Value (2031F) US$ 4 Bn
Value CAGR (2021-2031) 7.6%

This newly published and insightful report sheds light on Market Insights of Outdoor Garden Furniture, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Outdoor Garden Furniture Market.

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Key Segments Covered in Outdoor Garden Industry Survey

  • Outdoor Garden Furniture Market by Product Type

    • Outdoor Garden Tables
      • Coffee Tables
      • Side Tables
      • Bistro Tables
      • Picnic Tales
    • Outdoor Garden Chairs
      • Foldable
      • Conventional
      • Patio Swings
      • Hammocks
      • Porch Swings
    • Outdoor Garden Dining Sets
    • Outdoor Garden Seating Sets
    • Outdoor Garden Furniture Accessories
      • Furniture Covers
      • Umbrellas
      • Gazebos
      • Others
  • Outdoor Garden Furniture Market by Material

    • Plastic Outdoor Garden Furniture
    • Metal Outdoor Garden Furniture
    • Wooden Outdoor Garden Furniture
    • Others
  • Outdoor Garden Furniture Market by Sales Channel

    • Independent Furniture Stores
    • Franchised Furniture Stores
    • Modern Trade
    • Furniture Retail Chains
    • Brand Outlets
    • e-Commerce
  • Outdoor Garden Furniture Market by Region

    • North America Outdoor Garden Furniture Market
    • Latin America Outdoor Garden Furniture Market
    • Europe Outdoor Garden Furniture Market
    • East Asia Outdoor Garden Furniture Market
    • South Asia Outdoor Garden Furniture Market
    • Oceania Outdoor Garden Furniture Market
    • Middle East Africa Outdoor Garden Furniture Market

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Key Takeaways from Market Study

  • The North America market is estimated to top a valuation of US$ 2 Bn by 2031.
  • The Europe market is estimated to register a CAGR of 7.5 % over the forecast period.
  • Strong production footprint of key market players in China has allowed it to hold the highest market share of 46.9 % in the East Asia outdoor garden furniture market.
  • The outdoor garden furniture market is segmented based on material, where the wood segment holds a high share of 20.2%.
  • By product type, 41.4% people prefer dining sets and 31.8% of consumers prefer seating sets.

“To attract consumers, manufacturers are turning their focus towards producing multi-purpose furniture. Major companies are anticipated to innovative products and develop strong logistics networks to ensure easily availability of outdoor furniture,” says a lead analyst at Fact.MR.

Who is Winning?

Consumers are willing to spend on outdoor furniture to develop a corner adjacent to their home to sit back and relax and rejuvenate themselves. Manufacturers should focus on this need and come up with creative outdoor furniture to transform empty outdoors into warm cosy spaces for consumers. Consumers can de-stress and companies can earn by offering added comfort and leisure space to them.

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Key Question answered in the survey of Outdoor Garden Furniture market report:

  • Sales and Demand of Outdoor Garden Furniture
  • Growth of Outdoor Garden Furniture Market
  • Market Analysis of Outdoor Garden Furniture
  • Market Insights of Outdoor Garden Furniture
  • Key Drivers Impacting the Outdoor Garden Furniture market
  • Which are the Key drivers impacted by Outdoor Garden Furniture market
  • Restraints Shaping Market Growth
  • Market Survey of Outdoor Garden Furniture

More Valuable Insights on Outdoor Garden Furniture Market

Fact.MR, in its new report, offers an unbiased Market Analysis of Outdoor Garden Furniture, Sales and Demand of Outdoor Garden Furniture, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

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