Outdoor Furniture Market Size, Growth and Trends Report ...
Outdoor Furniture Market Size, Growth and Trends Report ...
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Global Outdoor Furniture Market Overview
The Outdoor Furniture Market was estimated to be valued at USD 18.4 billion recently. It is anticipated that the outdoor furniture sector will grow from USD 19.5 billion to USD 29.32 billion, reflecting a compound annual growth rate (CAGR) of 6.00% in the projected period ( - ). Factors such as an increase in consumers' purchasing power, heightened demand for hotels, public parks, and open areas, as well as resorts focusing on comfort, are the primary drivers of market expansion.
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Outdoor Furniture Market Trends
Increasing disposable income driving market expansion
The rising disposable income has led to an uptick in demand for outdoor furniture, particularly in residential settings. Many homeowners are looking to enhance the aesthetics of their gardens and patios by incorporating inviting seating areas. Weather resistance, insect protection, tensile strength, and durability are key factors influencing the selection of outdoor furniture. Additionally, restaurants and cafes worldwide are enhancing their offerings with outdoor dining areas. A survey by the National Restaurant Association in September found that 65% of restaurant operators in the U.S. have incorporated outdoor dining options onto their premises, utilizing spaces like decks, sidewalks, and patios.
Furthermore, online retail channels have become integral to the growth of the furniture market. E-commerce platforms offer a wide array of brands at competitive prices, attracting a broader customer base. For example, IKEA, a prominent furniture company, noted over 2.1 billion visits to its website in , underscoring its role as a crucial marketing and sales conduit. As digitalization accelerates alongside increased mobile usage and wider internet access, businesses are increasingly transitioning from traditional in-store sales towards online retail.
The fast-paced lifestyle of urban dwellers coupled with their increased financial capacity has also promoted expenditures on leisure activities, like dining at rooftop bars and trendy restaurants. This trend has opened doors for hotel and restaurant investments in rooftop dining areas. Such venues provide cozy atmospheres for outdoor dining experiences, fostering higher demand for outdoor dining chairs and tables. The desire for well-furnished public spaces is also growing, translating to higher seating capacities and consumer engagement in restaurants and cafes. These factors collectively reinforce the upward trajectory of the outdoor furniture market’s CAGR on a global scale.
Significant transformation within the outdoor furniture market continues in response to consumer demands. For instance, October saw a surge in focus on sustainability, with consumers leaning towards eco-friendly outdoor furniture options produced from recycled materials. Manufacturers are responding by diversifying their offerings to include products made from sustainable materials such as bamboo and reclaimed wood.
June
Recently, an outdoor furniture collection was launched in collaboration with Italian brand De Padova, featuring designs influenced by British designer Paul Smith, signifying a blend of style and functionality.
The initial release, which encompassed outdoor furniture paired with outdoor textiles, Iroko wood frames, sofas, armchairs, coffee tables, and leather accessories has seen an expansion to include modular sofas that cater to various spatial configurations and decorative preferences.
These new outdoor upholstery items are distinguished by matching strap designs and contrasting stitching as seen in their indoor counterparts but are made from ethyl vinyl acetate (EVA) rather than leather, maintaining a sleek design aesthetic.
Insights into Outdoor Furniture Market Segmentation
Material Insights in the Outdoor Furniture Market
The outdoor furniture market analysis by material type categorizes into metal, plastic, wood, textile, and others. The wood segment accounted for approximately 65-67% of the market share in , reinforcing its leading position in outdoor furniture revenue. The preference for wooden furniture is largely attributed to its durability, comfort, and visual appeal. Wood serves as one of the primary raw materials globally and is favored for its lightweight, robust nature, and aesthetically pleasing appearance, making it an ideal choice for outdoor creations. Over the forecast period, the metal category is expected to witness the fastest growth due to its strong structural properties driving its popularity.
Type-Based Segmentation in Outdoor Furniture Products
The outdoor furniture market is additionally segmented by product type, including chairs, tables, seating sets, dining sets, and more. With the increased prevalence of remote work necessitating additional use of tables within households, this segment is projected to steadily ascend and uphold a significant market share. Tables often come in compact sizes, enabling users to work comfortably from shared spaces such as terraces and balconies, thereby enhancing the segment’s growth. There is a rising popularity for tables of varied shapes and sizes, encouraging expansion within this segment. However, due to widespread use both at home and in business settings, the chair category is also expected to grow substantially. Thus, the surge in remote working arrangements positively influences market growth.
End-User Insights in the Outdoor Furniture Market
The outdoor furniture market is bifurcated according to end-users into residential and commercial categories. In , the residential segment held the largest market share, propelled by population growth, increasing per capita incomes, westernization trends, and changing lifestyles. Consumer attention is shifting towards enhancing outdoor areas to establish visually pleasing and comfortable environments, which is further bolstering market growth. The rise in disposable income levels successfully boosts product sales across both residential and non-residential domains in various regions, leading to an increased demand for outdoor seating and accessories that augment the outdoor furniture industry’s revenue.
Regional Insights into Outdoor Furniture Markets
Market insights reveal regional dynamics in North America, Europe, Asia-Pacific, and additional territories. The North American outdoor furniture market was valued at USD 8.42 billion in and is predicted to sustain a significant CAGR throughout the study period due to growing trends of family gatherings and meals at home.
Moreover, the report interrogated leading markets including the U.S., Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 3: OUTDOOR FURNITURE MARKET SHARE BY REGION (%)Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Europe’s outdoor furniture market ranks second owing to escalating interest in creating appealing front and backyards for both aesthetic enhancements and social gatherings. Notably, Germany dominates the outdoor furniture market within Europe, while the UK exhibits the fastest growth rates in this sector.
The Asia-Pacific outdoor furniture market is forecasted to expand at the swiftest CAGR from to . Factors contributing to this growth include the upswing in international tourism across nations like China, Malaysia, South Korea, Singapore, and India. The increasing influx of visitors aids in boosting outdoor furniture sales, propelling the commercial segment’s market share in the region. Furthermore, China holds the largest market share in outdoor furniture, while India exhibits remarkable growth velocity in the Asia-Pacific context.
As an illustration, the burgeoning demand for garden stools across Europe is resulting in heightened imports of such items. According to estimates from CBI Ministry of Foreign Affairs, total imports of outdoor fittings in the region escalated from USD 523.87 million in to USD 621 million in .
Key Players and Competitive Dynamics in the Outdoor Furniture Market
Leading participants in the outdoor furniture sector are dedicating significant resources to research and development endeavors aimed at broadening their product portfolios, thereby sustaining market growth. Strategic initiatives include new product launches, contractual partnerships, mergers and acquisitions, and heightened investments aimed at expanding global outreach. To thrive in an increasingly competitive market, outdoor furniture suppliers are compelled to offer cost-effective solutions while simultaneously enhancing product quality.
A common strategic approach among manufacturers has been local production to mitigate operational costs. The outdoor furniture realm has provided substantial benefits to the industry recently. Key players such as 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., and others are witnessing increased demand by channeling investments into research and development activities.
IKEA represents a Swedish multinational entity rooted in the Netherlands, known for manufacturing and distributing ready-to-assemble furnishings, kitchen utilities, decorative items, and diverse accessories. Since its inception by Ingvar Kamprad in , it has maintained its status as the largest furniture retailer globally. For instance, IKEA recorded over 2.1 billion website visits in , marking a significant milestone in its marketing strategy. The rapid shift towards online retail in tandem with improved digital exposure and mobile device usage further catalyzes the transition from in-person shopping to e-commerce platforms.
Keter Group, formerly known as Keter Plastic, stands as an Israeli manufacturer and distributor of resin-based household and garden products. Established in , Keter operates 29 facilities across Israel, Luxembourg, Europe, Canada, and the U.S., along with a retail network in Israel. Keter’s product range is globally marketed. In April , Keter announced a collaboration with UBQ Materials, a thermoplastic manufacturer in Israel, aimed at launching innovative product lines for sustainable garden furniture. This partnership supports UBQ Materials' eco-friendly goals by integrating 55% recycled content into their offerings.
Key Companies in the Outdoor Furniture Market
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AGIO International Company LTD
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Brown Jordan International
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Century Furniture LLC
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Inter IKEA Systems B.V.
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Kimball International Inc.
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EMU Group S.P.A.
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DEDON The Home Depot Inc.
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Haworth Inc.
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UNOPIU Hartman UK
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PLAISIR Du JARDIN Ltd.
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IKEA
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Royal BOTANIA NV
Recent Developments in the Outdoor Furniture Industry
October: Furniture manufacturer Gabriella White LLC made strides in expanding its retail presence in the U.S. by acquiring Stanford Furniture Corp. based in North Carolina.
January: Kimball International introduced Interwoven, a furniture brand designed to meet client requirements, aligning with their health business segment to offer diverse furnishings suitable for various health environments.
February: A new luxury collection of outdoor furniture was unveiled by Vetra, an established outdoor product manufacturer, enhancing its market position and product offerings.
May: During Clerkenwell Design Week, Fritz Hansen introduced its inaugural line of outdoor furniture, Skagerak by Fritz Hansen, designed to be showcased in a Nordic-inspired indoor garden installation within its London showroom.
Clerkenwell Design Week is anticipated to present exceptional offerings from the design community, featuring innovative installations, diverse discussions, and showrooms commemorating the design language and its impact.
This year, Fritz Hansen's launch of the Skagerak outdoor collection reveals an immersive experience, communicating messages of sustainability and timeless design through beautifully crafted outdoor furniture.
One such design is the Banco Bench, developed collaboratively by Hugo Passos and the design team. This bench highlights sustainable teak, available in single or double-facing variations. The reimagined version, which originated as a unique piece for the Social Seating exhibition in Finland, is now more suited for production, while exuding the grace of a naturalistic design approach. The bench's contoured backrest enables seating from either side, fusing functionality with aesthetic appeal.
Outdoor Furniture Market Segmentation Overview
Material Breakdown in Outdoor Furniture
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Metal
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Plastic
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Wood
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Textile
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Others
Product Type Classification in Outdoor Furniture
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Chairs
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Tables
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Seating Sets
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Dining Sets
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Others
End-User Classification in Outdoor Furniture
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Residential
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Commercial
Regional Landscape of Outdoor Furniture
North America
US
Canada
Europe
Germany
France
UK
Italy
Russia
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Australia & New Zealand
Rest of Asia-Pacific
Latin America
Mexico
Brazil
Argentina
Rest of Latin America
Middle East & Africa
Turkey
GCC Countries
South Africa
Rest of the Middle East & Africa
Report Attribute/Metric Details
Market Size USD 18.4 billion
Market Size USD 19.5 billion
Market Size USD 29.3 billion
Compound Annual Growth Rate (CAGR) 6.00% (-)
Base Year
Market Forecast Period -
Historical Data &
Market Forecast Units Value (USD Billion)
Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
Segments Covered Material, Product Type, End user, and Region
Geographies Covered North America, Europe, Asia Pacific, and the Rest of the World
Countries Covered The U.S, Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
Key Companies Profiled 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, and Royal BOTANIA NV
Key Market Opportunities The emergence of biomaterial outdoor furniture implants
Key Market Dynamics The rising purchasing power of consumers Increase in demand for hotels, public gardens, open spaces
Frequently Asked Questions (FAQ) :
The outdoor furniture market size was valued at USD 29.32 billion by
The market for outdoor furniture is projected to grow at a CAGR of 6.00% during the forecast period, -.
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North America had the largest share of the market for outdoor furniture
The key players in the market for outdoor furniture 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.
The wood category dominated the market for outdoor furniture in .
The table category had the largest share of the market for outdoor furniture.
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