The steadfast Outdoor Furniture Market report has provided crucial information about the elements that are impacting and driving the sales of the market. The section of competitive landscape keeps utmost importance in the report which consists of key market players functioning in the worldwide This industry. The report suggests that several macroeconomic factors such as gross domestic product (GDP) and the increasing inflation rate are expected to affect directly or indirectly in the development of the Outdoor Furniture Market. The market analysis report has been formulated with the proper research methodology and validated from the professionals and analysts to ensure the eminent quality reports.
A broad Outdoor Furniture Market report covers market parameters about the ABC industry. The report Pinpoints on the leading market competitors with explaining company profile depending on SWOT analysis to illustrate the competitive nature of the market internationally. Even more, the report consists of market evolution, market shares, associations and level of investments with other leading companies, monetary settlements impacting the Outdoor Furniture Market in recent years are also analyzed. Global industry analysis report also provides insights about import/export consumption, supply and demand figures, cost, price, revenue and gross margins.
Outdoor Furniture Market Size was valued at USD 18.4 billion in 2021. The Outdoor Furniture industry is projected to grow from USD 19.5 billion in 2022 to USD 29.32 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 6.00% during the forecast period (2024 - 2030).
List of the Key Companies in the Outdoor Furniture market include
AGIO International Company LTD
Brown Jordan International
Century Furniture LLC
Inter IKEA Systems B.V.
Kimball International Inc.
EMU Group S.P.A.
DEDON The Home Depot Inc.
Haworth Inc.
UNOPIU Hartman UK
PLAISIR Du JARDIN Ltd.
IKEA
Royal BOTANIA NV
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FIVE FORCES & PESTLE ANALYSIS:
In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.
• Political (Political policy and stability as well as trade, fiscal, and taxation policies)
• Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
• Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
• Technological (Changes in digital or mobile technology, automation, research, and development)
• Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
• Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)
Outdoor Furniture Market Segmentation
Outdoor Furniture Material Outlook
Metal
Plastic
Wood
Textile
Others
Outdoor Furniture Product Type Outlook
Chairs
Tables
Seating Sets
Dining Sets
Others
Outdoor Furniture End User Outlook
Residential
Commercial
Outdoor Furniture Industry Developments
October 2019: To increase its retail network and secure its upholstery capabilities in the United States, upholstery producer Gabriella White LLC purchased Stanford Furniture Corp. of North Carolina.
January 2021: Kimball International established Interwoven, a furniture brand that focuses on the needs of the customer. Interwoven has joined Kimball International's health business segment to provide a diverse selection of furnishings for all types of health environments, including lounge chairs, modular casework, and recliners.
May 2023: In a Nordic-inspired indoor garden installation at the London store, Fritz Hansen will introduce its first line of outdoor furniture, Skagerak by Fritz Hansen, during this year's Clerkenwell Design Week.
Major questions answered:
- What are influencing factors driving the demand for Outdoor Furniture near future?
- What is the impact analysis of various factors in the Global Outdoor Furniture market growth?
- What are the recent trends in the regional market and how successful they are?
- How feasible is Outdoor Furniture market for long-term investment?
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