Global Outdoor Furniture Market Size, Status and Forecast 2024
Outdoor furniture is a type of furniture particularly designed for outdoor purposes. It includes chairs, tables, cupboard and others. The main purpose of furniture is to provide comfort and appropriate décor to the building.
(EMAILWIRE.COM, December 23, 2017 ) The outdoor furniture market is expected to grow at a robust growth over the forecast period i.e. 2017-2024. Rapid pace of urbanization and increase in consumer purchasing power are expected to garner the growth of global outdoor furniture market. The industry is driven by wide range of factors such as the number of businesses operating domestically, and the business sentiment index, all of which are expected to get better during the timeframe. Outdoor furniture products that are made of natural, durable, and weather-resistance materials are believed to garner the growth of this market.
Geographically, North America is consistently dominating the market globally. The U.S holds the maximum share in the outdoor furniture market in North America followed by Canada. Rising concept of extravagant outdoor living spaces with new materials, comfortable seating and elegant lighting has uplifted the market for outdoor furniture. Additionally, housing sales, outdoor renovation and environmental concerns are some of the factors boosting the market growth.
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Europe is expected to perceive a moderate growth in the near future owing to high market saturation. France, UK and Germany are expected to lead the overall demand for this regional outdoor furniture market in the near future. Asia-Pacific region is expected to showcase a robust growth over the forecast period.
Market Segmentation
Our in-depth analysis segmented the global outdoor furniture market in the following segments:
By Product
Plastic outdoor furniture, Metal outdoor furniture, Wood outdoor furniture, Others
By End Users
Public outdoor furniture, Leisure and Decoration, Outdoor Activities
By Distribution Channels
Supermarkets, E-commerce, Others
By Region
Global outdoor furniture market is further classified on the basis of region as follows: North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis, Latin America (Brazil, Mexico, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis, Western and Eastern Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, Rest of Western Europe) Market size, Y-O-Y growth & Opportunity Analysis, Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of Asia) Market size, Y-O-Y growth & Opportunity Analysis, Middle East and North Africa (MENA) Market Size and Y-O-Y Growth Analysis.
Growth drivers and challenges
Rising urbanization and growth in the real estate industry is influencing the growth of outdoor furniture market. Rising purchases by the growing hospitality industry, open-air sports area, public garden, and office spaces are the factors driving the global outdoor furniture market. The concept of outdoor living has led to an increase in the demand for multi-functional and flexible outdoor furniture. Top manufacturers are crafting eco-friendly furniture for wide range of artistically and high quality furniture using MOSO bamboo, which is stronger and harder than oak, further it is believed to drive the growth of outdoor furniture market globally.
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Outdoor furniture now includes the various attributes that are aesthetically appealing and light weight, and thus supplementing the growth of the global outdoor furniture market. Rising disposable income coupled with changing lifestyle of the people is expected to impel the demand among consumer for outdoor furniture in the near future.
However, high cost of material acts as a barrier for the growth of global outdoor furniture market and is likely to hamper the growth of the market.
Key Players
The key players for outdoor furniture market are as follows:
Brown Jordan, Century Furniture, Forever Patio, Home Depot, Dedon, Gloster furniture GmbH, Barbeques Galore, Agio International, Winston Furniture, Homecrest Outdoor Living
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Geographically, North America is consistently dominating the market globally. The U.S holds the maximum share in the outdoor furniture market in North America followed by Canada. Rising concept of extravagant outdoor living spaces with new materials, comfortable seating and elegant lighting has uplifted the market for outdoor furniture. Additionally, housing sales, outdoor renovation and environmental concerns are some of the factors boosting the market growth.
For Sample Pages please go through link below: https://www.researchnester.com/sample-request/2/rep-id-304
Europe is expected to perceive a moderate growth in the near future owing to high market saturation. France, UK and Germany are expected to lead the overall demand for this regional outdoor furniture market in the near future. Asia-Pacific region is expected to showcase a robust growth over the forecast period.
Market Segmentation
Our in-depth analysis segmented the global outdoor furniture market in the following segments:
By Product
Plastic outdoor furniture, Metal outdoor furniture, Wood outdoor furniture, Others
By End Users
Public outdoor furniture, Leisure and Decoration, Outdoor Activities
By Distribution Channels
Supermarkets, E-commerce, Others
By Region
Global outdoor furniture market is further classified on the basis of region as follows: North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis, Latin America (Brazil, Mexico, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis, Western and Eastern Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, Rest of Western Europe) Market size, Y-O-Y growth & Opportunity Analysis, Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of Asia) Market size, Y-O-Y growth & Opportunity Analysis, Middle East and North Africa (MENA) Market Size and Y-O-Y Growth Analysis.
Growth drivers and challenges
Rising urbanization and growth in the real estate industry is influencing the growth of outdoor furniture market. Rising purchases by the growing hospitality industry, open-air sports area, public garden, and office spaces are the factors driving the global outdoor furniture market. The concept of outdoor living has led to an increase in the demand for multi-functional and flexible outdoor furniture. Top manufacturers are crafting eco-friendly furniture for wide range of artistically and high quality furniture using MOSO bamboo, which is stronger and harder than oak, further it is believed to drive the growth of outdoor furniture market globally.
Request For TOC:- https://www.researchnester.com/toc-request/1/rep-id-304
Outdoor furniture now includes the various attributes that are aesthetically appealing and light weight, and thus supplementing the growth of the global outdoor furniture market. Rising disposable income coupled with changing lifestyle of the people is expected to impel the demand among consumer for outdoor furniture in the near future.
However, high cost of material acts as a barrier for the growth of global outdoor furniture market and is likely to hamper the growth of the market.
Key Players
The key players for outdoor furniture market are as follows:
Brown Jordan, Century Furniture, Forever Patio, Home Depot, Dedon, Gloster furniture GmbH, Barbeques Galore, Agio International, Winston Furniture, Homecrest Outdoor Living
To Know More About This Research, Kindly Visit: https://www.researchnester.com/reports/outdoor-furniture-market-global-demand-analysis-opportunity-outlook-2024/304
Contact Information:
Research Nester
Ajay Daniel
Tel: +1 6465869123
Email us
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Research Nester
Ajay Daniel
Tel: +1 6465869123
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results