Outdoor Furniture Market Introduction and Overview
According to SPER Market Research, the Global Outdoor Furniture Market is estimated to reach USD 92.86 billion by 2034 with a CAGR of 5.99%.
The report includes an in-depth analysis of the Global Outdoor Furniture Market, including market size and trends, product mix, Applications, and supplier analysis. The global outdoor furniture industry is driven by increasing demand from hotels, resorts, public spaces, and scenic areas, with a focus on enhancing outdoor aesthetics in gardens, balconies, and porches. However, seasonality presents a challenge, as demand peaks during warmer months, making inventory and cash flow management difficult. Furthermore, Urbanization and rising living standards drive furniture makers to create eco-friendly, durable, and stylish pieces for a wider market. Additionally, rising competition, particularly from e-commerce, puts pressure on pricing and innovation. High raw material costs, including wood, metal, and plastic, further limit production and increase product prices. These factors, along with rising transportation and labor costs, hinder industry growth by reducing consumer demand and profitability.
By Product: The growth of commercial spaces like hotels and restaurants is expected to boost the demand for outdoor dining furniture. Consumers are increasingly seeking outdoor experiences, creating a need for comfortable and stylish outdoor dining areas. Hotels can enhance customer satisfaction and create positive experiences by providing such spaces. Other outdoor furniture, like chairs and tables, will also likely see increased demand. Additionally, handcrafted bamboo interior décor is becoming more popular due to its durability, sustainability, and resistance to environmental damage. Manufacturers are responding by developing unique designs and features in both pure bamboo and composite materials to broaden their product lines.
By Material Type: The outdoor furniture market is segmented by material, including wood, plastic, and metal. Wood currently holds the largest market share and is expected to continue leading. Wood furniture's popularity stems from its durability, comfort, and attractive appearance. It's a widely used material globally, valued for its lightness, strength, and natural beauty, making it ideal for outdoor use. However, metal furniture is predicted to experience the fastest growth. This growth is driven by metal's strength and durability. Metal's robust nature allows for more intricate designs and provides designers with greater creative freedom. Furthermore, metal's compatibility with other materials, each offering unique aesthetic and functional advantages, makes it a compelling choice.
By End Use:
The residential sector held the largest revenue share. Several factors contribute to this dominance, including population growth, increasing incomes, westernization trends, and evolving lifestyles. Consumers are increasingly focused on improving their outdoor spaces, demanding more stylish and comfortable designs, which significantly drives market growth. Rising incomes are boosting sales of these products for both homes and businesses in numerous countries. The growing demand for outdoor seating and related accessories will further propel the industry's expansion.
By Regional Insights: The Asia Pacific outdoor furniture market is predicted to experience the most rapid growth. International tourism is becoming increasingly popular in several countries within the region. This growth in tourism is driving sales of outdoor furniture, particularly in the commercial sector. Increased tourism and higher disposable incomes are leading to more frequent restaurant visits, which is boosting the market, especially in India. The Indian outdoor furniture market is expected to see the strongest growth within the Asia Pacific region.
Market Competitive Landscape:
The market is moderately consolidated. Some of the market key players are Agio International Company, Ashley Outdoor Furniture Industries, Aura Global Outdoor Furniture, Barbeques Galore, Brown Jordan Inc., Century Outdoor Furniture LLC., Inter IKEA Systems B.V., Kenter, Kimball International Inc., and Lloyd Flanders, Inc., along with other.
Recent Developments:
- HNI Corporation declared the completion of the purchase of Kimball International Inc. in June 2023. Through the combination, the market leader is developed, with pro forma revenue of about $3 billion and combined EBITDA of roughly $305 million.
- The American company Andreu World, which makes outdoor furniture, established a new store in Germany in July 2022. Renowned designers from around the world, including Patricia Urquiola, Philippe Starck, Alfredo Haberli, and Jasper, provided guidance for the production of the outdoor furniture items on show.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2021-2034 |
| Base year considered | 2024 |
| Forecast period | 2025-2034 |
| Segments covered | By Product, By Material Type, By End Use. |
| Regions covered | North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa. |
| Companies Covered | Agio International Company, Ashley Outdoor Furniture Industries, Aura Global Outdoor Furniture, Barbeques Galore, Brown Jordan Inc., Century Outdoor Furniture LLC., Inter IKEA Systems B.V., Kenter, Kimball International Inc., and Lloyd Flanders, Inc., along with other. |
Key Topics Covered in the Report:
- Global Outdoor Furniture Market Size (FY’2021-FY’2034)
- Overview of Global Outdoor Furniture Market
- Segmentation of Global Outdoor Furniture Market By Product (Seating Sets, Loungers, Dining Sets, Chairs, Table, Others)
- Segmentation of Global Outdoor Furniture Market By Material Type (Wood, Plastic, Metal)
- Segmentation of Global Outdoor Furniture Market By End Use (Commercial, Residential)
- Statistical Snap of Global Outdoor Furniture Market
- Expansion Analysis of Global Outdoor Furniture Market
- Problems and Obstacles in Global Outdoor Furniture Market
- Competitive Landscape in the Global Outdoor Furniture Market
- Details on Current Investment in Global Outdoor Furniture Market
- Competitive Analysis of Global Outdoor Furniture Market
- Prominent Players in the Global Outdoor Furniture Market
- SWOT Analysis of Global Outdoor Furniture Market
- Global Outdoor Furniture Market Future Outlook and Projections (FY’2025-FY’2034)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPERs internal database
2.1.4. Premium insight from KOLs
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTERs Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Outdoor Furniture Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Outdoor Furniture Market
7. Global Outdoor Furniture Market, By Product, (USD Million) 2021-2034
7.1. Seating Sets
7.2. Loungers
7.3. Dining Sets
7.4. Chairs
7.5. Table
7.6. Others
8. Global Outdoor Furniture Market, By Material Type, (USD Million) 2021-2034
8.1. Wood
8.2. Plastic
8.3. Metal
9. Global Outdoor Furniture Market, By End Use, (USD Million) 2021-2034
9.1. Commercial
9.2. Residential
10. Global Outdoor Furniture Market, (USD Million) 2021-2034
10.1. Global Outdoor Furniture Market Size and Market Share
11. Global Outdoor Furniture Market, By Region, (USD Million) 2021-2034
11.1. Asia-Pacific
11.1.1. Australia
11.1.2. China
11.1.3. India
11.1.4. Japan
11.1.5. South Korea
11.1.6. Rest of Asia-Pacific
11.2. Europe
11.2.1. France
11.2.2. Germany
11.2.3. Italy
11.2.4. Spain
11.2.5. United Kingdom
11.2.6. Rest of Europe
11.3. Middle East and Africa
11.3.1. Kingdom of Saudi Arabia
11.3.2. United Arab Emirates
11.3.3. Qatar
11.3.4. South Africa
11.3.5. Egypt
11.3.6. Morocco
11.3.7. Nigeria
11.3.8. Rest of Middle-East and Africa
11.4. North America
11.4.1. Canada
11.4.2. Mexico
11.4.3. United States
11.5. Latin America
11.5.1. Argentina
11.5.2. Brazil
11.5.3. Rest of Latin America
12. Company Profile
12.1. Agio International Company, LTD
12.1.1. Company details
12.1.2. Financial outlook
12.1.3. Product summary
12.1.4. Recent developments
12.2. Ashley Outdoor Furniture Industries, Inc.
12.2.1. Company details
12.2.2. Financial outlook
12.2.3. Product summary
12.2.4. Recent developments
12.3. Aura Global Outdoor Furniture
12.3.1. Company details
12.3.2. Financial outlook
12.3.3. Product summary
12.3.4. Recent developments
12.4. Barbeques Galore
12.4.1. Company details
12.4.2. Financial outlook
12.4.3. Product summary
12.4.4. Recent developments
12.5. Brown Jordan Inc.
12.5.1. Company details
12.5.2. Financial outlook
12.5.3. Product summary
12.5.4. Recent developments
12.6. Century Outdoor Furniture LLC.
12.6.1. Company details
12.6.2. Financial outlook
12.6.3. Product summary
12.6.4. Recent developments
12.7. Inter IKEA Systems B.V.
12.7.1. Company details
12.7.2. Financial outlook
12.7.3. Product summary
12.7.4. Recent developments
12.8. Kenter
12.8.1. Company details
12.8.2. Financial outlook
12.8.3. Product summary
12.8.4. Recent developments
12.9. Kimball International Inc.
12.9.1. Company details
12.9.2. Financial outlook
12.9.3. Product summary
12.9.4. Recent developments
12.10. Lloyd Flanders, Inc.
12.10.1. Company details
12.10.2. Financial outlook
12.10.3. Product summary
12.10.4. Recent developments
12.11. Others
13. Conclusion
14. List of Abbreviations
15. Reference Links