Outdoor furniture market size to grow by USD 5,207.76 million from 2022 to 2027: A descriptive analysis of customer landscape, vendor assessment, and market dynamics - Technavio

NEW YORK, Jan. 9, 2023 /PRNewswire/ -- Technavio categorizes the global outdoor furniture market as a part of the global home furnishings market, which covers products and companies engaged in the manufacturing or marketing of furniture, home textiles, floor coverings, and decorative products. The global outdoor furniture market size is estimated to increase by USD 5,207.76 million between 2022 and 2027. The market's growth momentum will progress at a CAGR of 3.28%.

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Global outdoor furniture market – Vendor analysis

Vendor offerings -

• Barbeques Galore (Aust) Pty Ltd - The company offers outdoor furniture such as outdoor lounge settings, outdoor chairs, and sun lounges.
• Brown Jordan Co. - The company offers outdoor furniture such as lounge chairs.
• Century Furniture LLC - The company offers outdoor furniture such as dining chairs, lounge chairs, outdoor corner chairs, and outdoor armless sofas.
• Ellements - The company offers outdoor furniture such as outdoor tables and outdoor chairs.
• For details on vendors and their offerings – Buy the report!

Vendor landscape -

The global outdoor furniture market is fragmented, with the presence of several vendors. A few prominent vendors that offer outdoor furniture in the market are Ashcomm LLC, Barbeques Galore (Aust) Pty Ltd, Brown Jordan Co., Century Furniture LLC, Ellements, Gloster Furniture GmbH, Haworth Inc., Higold Group Co Ltd, Homecrest Outdoor Living LLC, Inter IKEA Systems B.V., Keter Home and Garden Products Ltd, Lowes Co. Inc., Metro Plus Lifestyle, Patio Furniture Industries, The Home Depot Inc., TUUCI LLC, Williams Sonoma Inc., Forever Patio, MillerKnoll Inc., and Lloyd Flanders Inc and others.

The global outdoor furniture market is subject to rapidly changing consumer demands and preferences. Consumers' purchase decisions are largely influenced by their changing lifestyles and emphasis on interior and exterior decor. The demand for outdoor furniture has increased globally owing to the growth of the global outdoor landscaping market. Moreover, the increasing number of construction activities and the availability of high-quality furniture will also favor market growth during the forecast period.

Global outdoor furniture market - Customer landscape
To help companies evaluate and develop growth strategies, the report outlines –

• Key purchase criteria
• Adoption rates
• Adoption lifecycle
• Drivers of price sensitivity

Global outdoor furniture market - Segmentation assessment

Segment overview

Technavio has segmented the market based on product (outdoor furniture and accessories, outdoor grills and accessories, and patio heating products), end-user (residential and commercial), and distribution channel (offline and online). 

• The outdoor furniture and accessories segment will contribute significantly to market growth during the forecast period. The concept of the expansion of outdoor living areas, including comfortable deep seating and elaborate lighting in the outdoor space, is increasing the demand for residential outdoor furniture. Moreover, a strong recovery of the residential housing market and an increase in consumer spending will drive the market's growth during the forecast period.

Geography overview

Based on geography, the global outdoor furniture market is segmented into North America, APAC, Europe, South America, and Middle East and Africa. The report provides actionable insights and estimates the contribution of all regions to the growth of the global outdoor furniture market.

• North America is estimated to account for 35% of the growth of the global market during the forecast period. The US, Canada, and Mexico are the key leading countries in the market. The real estate and commercial leasing industries in North America have been witnessing significant growth, which has increased the sales of outdoor furniture in the region. In addition, to meet the growing demand for outdoor furniture, vendors are expanding their product lines by introducing new patio furniture through new ranges and collections. These factors will drive the growth of the market during the forecast period.

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Global outdoor furniture market – Market dynamics

Leading drivers - The innovation in product design, along with the portfolio expansion, is driving the global outdoor furniture market. The focus on outdoor decoration has increased considerably, with changing lifestyles across the world. Vendors are expanding their product lines by providing new patio furniture through new ranges and collections. They are offering furniture with a wide variety of designs, durability, and colors to attract customers. The availability of such products will further drive sales and fuel the market growth during the forecast period.

Key trends - The increasing demand for environment-friendly outdoor furniture is a key trend in the market. Natural materials can withstand harsh weather conditions and have enhanced aesthetic appeal. Eco-friendly furnishing materials are better alternatives to forest wood, such as teak, rosewood, sal, and deodar. Manufacturers are offering a wide range of aesthetic furniture constructed using Moso bamboo, which is stronger and harder than most other types of wood, including oak. Such factors will support the growth of the market during the forecast period.

Major challenges - The long replacement cycle is challenging the market growth. Branded and high-quality furniture does not require frequent replacements, unlike furniture made from cheap materials such as plastic. In addition, the price of outdoor furniture products is high and they are considered a one-time investment by many customers. The average life of outdoor furniture products is 7 years to 9 years. Major manufacturers offer product warranties and guarantees, which further increase product life spans. These factors discourage the repeat purchase of furniture. Thus, the long replacement cycle of furniture is hampering the growth of the market.

Drivers, trends, and challenges have an impact on market dynamics, which can impact businesses. Find some insights from a sample report!

What are the key data covered in this outdoor furniture market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the outdoor furniture market between 2023 and 2027
• Precise estimation of the size of the outdoor furniture market and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the outdoor furniture market across North America, APAC, Europe, South America, and Middle East and Africa
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of outdoor furniture market vendors

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Related Reports:

The outdoor furniture market in the US is estimated to grow at a CAGR of 3.26% between 2022 and 2027. The size of the market is forecast to increase by USD 1,434.3 million. This report extensively covers market segmentation by distribution channel (offline and online), product (outdoor furniture and accessories, outdoor grills and accessories, and patio heating products), and end-user (residential and commercial). 

The outdoor kitchen cabinets market size is expected to increase by USD 913.09 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 4.75%. This report extensively covers the outdoor kitchen cabinets market segmentation by end-user (residential and commercial) and geography (North America, Europe, APAC, South America, and the Middle East and Africa).

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Table of contents

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Product
• Exhibit 07: Executive Summary – Chart on Market Segmentation by Distribution Channel
• Exhibit 08: Executive Summary – Chart on Incremental Growth
• Exhibit 09: Executive Summary – Data Table on Incremental Growth
• Exhibit 10: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 11: Parent market
• Exhibit 12: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 13: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 14: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 15: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 17: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 18: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global Outdoor Furniture Market 2017 - 2021 
• Exhibit 19: Historic Market Size – Data Table on Global Outdoor Furniture Market 2017 - 2021 ($ million)

• 4.2 Product Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – Product Segment 2017 - 2021 ($ million)

• 4.3 End-user Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – End-user Segment 2017 - 2021 ($ million)

• 4.4 Distribution Channel Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Distribution Channel Segment 2017 - 2021 ($ million)

• 4.5 Geography Segment Analysis 2017 - 2021 
• Exhibit 23: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.6 Country Segment Analysis 2017 - 2021 
• Exhibit 24: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 25: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 26: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 27: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 28: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 29: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 30: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 31: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by End-user

• 6.1 Market segments
• Exhibit 32: Chart on End-user - Market share 2022-2027 (%)
• Exhibit 33: Data Table on End-user - Market share 2022-2027 (%)

• 6.2 Comparison by End-user 
• Exhibit 34: Chart on Comparison by End-user
• Exhibit 35: Data Table on Comparison by End-user

• 6.3 Residential - Market size and forecast 2022-2027 
• Exhibit 36: Chart on Residential - Market size and forecast 2022-2027 ($ million)
• Exhibit 37: Data Table on Residential - Market size and forecast 2022-2027 ($ million)
• Exhibit 38: Chart on Residential - Year-over-year growth 2022-2027 (%)
• Exhibit 39: Data Table on Residential - Year-over-year growth 2022-2027 (%)

• 6.4 Commercial - Market size and forecast 2022-2027 
• Exhibit 40: Chart on Commercial - Market size and forecast 2022-2027 ($ million)
• Exhibit 41: Data Table on Commercial - Market size and forecast 2022-2027 ($ million)
• Exhibit 42: Chart on Commercial - Year-over-year growth 2022-2027 (%)
• Exhibit 43: Data Table on Commercial - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by End-user 
• Exhibit 44: Market opportunity by End-user ($ million)

7 Market Segmentation by Product

• 7.1 Market segments
• Exhibit 45: Chart on Product - Market share 2022-2027 (%)
• Exhibit 46: Data Table on Product - Market share 2022-2027 (%)

• 7.2 Comparison by Product 
• Exhibit 47: Chart on Comparison by Product
• Exhibit 48: Data Table on Comparison by Product

• 7.3 Outdoor funiture and accessories - Market size and forecast 2022-2027 
• Exhibit 49: Chart on Outdoor funiture and accessories - Market size and forecast 2022-2027 ($ million)
• Exhibit 50: Data Table on Outdoor funiture and accessories - Market size and forecast 2022-2027 ($ million)
• Exhibit 51: Chart on Outdoor funiture and accessories - Year-over-year growth 2022-2027 (%)
• Exhibit 52: Data Table on Outdoor funiture and accessories - Year-over-year growth 2022-2027 (%)

• 7.4 Outdoor grills and accessories - Market size and forecast 2022-2027 
• Exhibit 53: Chart on Outdoor grills and accessories - Market size and forecast 2022-2027 ($ million)
• Exhibit 54: Data Table on Outdoor grills and accessories - Market size and forecast 2022-2027 ($ million)
• Exhibit 55: Chart on Outdoor grills and accessories - Year-over-year growth 2022-2027 (%)
• Exhibit 56: Data Table on Outdoor grills and accessories - Year-over-year growth 2022-2027 (%)

• 7.5 Patio heating products - Market size and forecast 2022-2027 
• Exhibit 57: Chart on Patio heating products - Market size and forecast 2022-2027 ($ million)
• Exhibit 58: Data Table on Patio heating products - Market size and forecast 2022-2027 ($ million)
• Exhibit 59: Chart on Patio heating products - Year-over-year growth 2022-2027 (%)
• Exhibit 60: Data Table on Patio heating products - Year-over-year growth 2022-2027 (%)

• 7.6 Market opportunity by Product 
• Exhibit 61: Market opportunity by Product ($ million)

8 Market Segmentation by Distribution Channel

• 8.1 Market segments
• Exhibit 62: Chart on Distribution Channel - Market share 2022-2027 (%)
• Exhibit 63: Data Table on Distribution Channel - Market share 2022-2027 (%)

• 8.2 Comparison by Distribution Channel 
• Exhibit 64: Chart on Comparison by Distribution Channel
• Exhibit 65: Data Table on Comparison by Distribution Channel

• 8.3 Offline - Market size and forecast 2022-2027 
• Exhibit 66: Chart on Offline - Market size and forecast 2022-2027 ($ million)
• Exhibit 67: Data Table on Offline - Market size and forecast 2022-2027 ($ million)
• Exhibit 68: Chart on Offline - Year-over-year growth 2022-2027 (%)
• Exhibit 69: Data Table on Offline - Year-over-year growth 2022-2027 (%)

• 8.4 Online - Market size and forecast 2022-2027 
• Exhibit 70: Chart on Online - Market size and forecast 2022-2027 ($ million)
• Exhibit 71: Data Table on Online - Market size and forecast 2022-2027 ($ million)
• Exhibit 72: Chart on Online - Year-over-year growth 2022-2027 (%)
• Exhibit 73: Data Table on Online - Year-over-year growth 2022-2027 (%)

• 8.5 Market opportunity by Distribution Channel 
• Exhibit 74: Market opportunity by Distribution Channel ($ million)

9 Customer Landscape

• 9.1 Customer landscape overview 
• Exhibit 75: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

10 Geographic Landscape

• 10.1 Geographic segmentation 
• Exhibit 76: Chart on Market share by geography 2022-2027 (%)
• Exhibit 77: Data Table on Market share by geography 2022-2027 (%)

• 10.2 Geographic comparison 
• Exhibit 78: Chart on Geographic comparison
• Exhibit 79: Data Table on Geographic comparison

• 10.3 North America - Market size and forecast 2022-2027 
• Exhibit 80: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 81: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 82: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 83: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 10.4 APAC - Market size and forecast 2022-2027 
• Exhibit 84: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 85: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 86: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 87: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 10.5 Europe - Market size and forecast 2022-2027 
• Exhibit 88: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 89: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 90: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 91: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 10.6 South America - Market size and forecast 2022-2027 
• Exhibit 92: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 93: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 94: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 95: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 10.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 96: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 97: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 98: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 99: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 10.8 US - Market size and forecast 2022-2027 
• Exhibit 100: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 101: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 102: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 103: Data Table on US - Year-over-year growth 2022-2027 (%)

• 10.9 China - Market size and forecast 2022-2027 
• Exhibit 104: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 105: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 106: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 107: Data Table on China - Year-over-year growth 2022-2027 (%)

• 10.10 Germany - Market size and forecast 2022-2027 
• Exhibit 108: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 109: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 110: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 111: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 10.11 Canada - Market size and forecast 2022-2027 
• Exhibit 112: Chart on Canada - Market size and forecast 2022-2027 ($ million)
• Exhibit 113: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
• Exhibit 114: Chart on Canada - Year-over-year growth 2022-2027 (%)
• Exhibit 115: Data Table on Canada - Year-over-year growth 2022-2027 (%)

• 10.12 Japan - Market size and forecast 2022-2027 
• Exhibit 116: Chart on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 117: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 118: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 119: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 10.13 Market opportunity by geography 
• Exhibit 120: Market opportunity by geography ($ million)

11 Drivers, Challenges, and Trends

• 11.1 Market drivers

• 11.2 Market challenges

• 11.3 Impact of drivers and challenges 
• Exhibit 121: Impact of drivers and challenges in 2022 and 2027

• 11.4 Market trends

12 Vendor Landscape

• 12.1 Overview

• 12.2 Vendor landscape
• Exhibit 122: Overview on Criticality of inputs and Factors of differentiation

• 12.3 Landscape disruption
• Exhibit 123: Overview on factors of disruption

• 12.4 Industry risks
• Exhibit 124: Impact of key risks on business

13 Vendor Analysis

• 13.1 Vendors covered
• Exhibit 125: Vendors covered

• 13.2 Market positioning of vendors 
• Exhibit 126: Matrix on vendor position and classification

• 13.3 Ashcomm LLC
• Exhibit 127: Ashcomm LLC - Overview
• Exhibit 128: Ashcomm LLC - Product / Service
• Exhibit 129: Ashcomm LLC - Key offerings

• 13.4 Barbeques Galore (Aust) Pty Ltd 
• Exhibit 130: Barbeques Galore (Aust) Pty Ltd - Overview
• Exhibit 131: Barbeques Galore (Aust) Pty Ltd - Product / Service
• Exhibit 132: Barbeques Galore (Aust) Pty Ltd - Key offerings

• 13.5 Brown Jordan Co.
• Exhibit 133: Brown Jordan Co. - Overview
• Exhibit 134: Brown Jordan Co. - Product / Service
• Exhibit 135: Brown Jordan Co. - Key offerings

• 13.6 Century Furniture LLC 
• Exhibit 136: Century Furniture LLC - Overview
• Exhibit 137: Century Furniture LLC - Product / Service
• Exhibit 138: Century Furniture LLC - Key offerings

• 13.7 Ellements
• Exhibit 139: Ellements - Overview
• Exhibit 140: Ellements - Product / Service
• Exhibit 141: Ellements - Key offerings

• 13.8 Forever Patio
• Exhibit 142: Forever Patio - Overview
• Exhibit 143: Forever Patio - Product / Service
• Exhibit 144: Forever Patio - Key offerings

• 13.9 Gloster Furniture GmbH 
• Exhibit 145: Gloster Furniture GmbH - Overview
• Exhibit 146: Gloster Furniture GmbH - Product / Service
• Exhibit 147: Gloster Furniture GmbH - Key offerings

• 13.10 Haworth Inc.
• Exhibit 148: Haworth Inc. - Overview
• Exhibit 149: Haworth Inc. - Product / Service
• Exhibit 150: Haworth Inc. - Key offerings

• 13.11 Higold Group Co Ltd
• Exhibit 151: Higold Group Co Ltd - Overview
• Exhibit 152: Higold Group Co Ltd - Product / Service
• Exhibit 153: Higold Group Co Ltd - Key offerings

• 13.12 Homecrest Outdoor Living LLC 
• Exhibit 154: Homecrest Outdoor Living LLC - Overview
• Exhibit 155: Homecrest Outdoor Living LLC - Product / Service
• Exhibit 156: Homecrest Outdoor Living LLC - Key offerings

• 13.13 Inter IKEA Systems B.V. 
• Exhibit 157: Inter IKEA Systems B.V. - Overview
• Exhibit 158: Inter IKEA Systems B.V. - Product / Service
• Exhibit 159: Inter IKEA Systems B.V. - Key offerings

• 13.14 MillerKnoll Inc.
• Exhibit 160: MillerKnoll Inc. - Overview
• Exhibit 161: MillerKnoll Inc. - Business segments
• Exhibit 162: MillerKnoll Inc. - Key offerings
• Exhibit 163: MillerKnoll Inc. - Segment focus

• 13.15 The Home Depot Inc.
• Exhibit 164: The Home Depot Inc. - Overview
• Exhibit 165: The Home Depot Inc. - Product / Service
• Exhibit 166: The Home Depot Inc. - Key offerings

• 13.16 TUUCI LLC
• Exhibit 167: TUUCI LLC - Overview
• Exhibit 168: TUUCI LLC - Product / Service
• Exhibit 169: TUUCI LLC - Key offerings

• 13.17 Williams Sonoma Inc.
• Exhibit 170: Williams Sonoma Inc. - Overview
• Exhibit 171: Williams Sonoma Inc. - Product / Service
• Exhibit 172: Williams Sonoma Inc. - Key news
• Exhibit 173: Williams Sonoma Inc. - Key offerings

14 Appendix

• 14.1 Scope of the report

• 14.2 Inclusions and exclusions checklist 
• Exhibit 174: Inclusions checklist
• Exhibit 175: Exclusions checklist

• 14.3 Currency conversion rates for US$ 
• Exhibit 176: Currency conversion rates for US$

• 14.4 Research methodology
• Exhibit 177: Research methodology
• Exhibit 178: Validation techniques employed for market sizing
• Exhibit 179: Information sources

• 14.5 List of abbreviations 
• Exhibit 180: List of abbreviations

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio

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