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Outdoor Furniture Market Trends

  • Report ID: GMI3025
  • Published Date: Jul 2024
  • Report Format: PDF

Outdoor Furniture Market Trends

One prominent trend in the market includes a shift towards multi-functional and space-saving designs, catering to urban residents with limited outdoor space. Modular furniture that can be easily reconfigured for different purposes has gained popularity. Additionally, there's a growing demand for outdoor furniture that mimics indoor aesthetics which includes the use of plush fabrics, intricate patterns, and sophisticated finishes that were once reserved for interior furnishings. Additionally, sustainability has also emerged as a significant trend, with consumers showing increased interest in eco-friendly materials and production methods. For example, Pottery Barn, a well-known furniture retailer, has adopted this trend by introducing a line of outdoor furniture made from recycled plastic bottles.
 

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The outdoor furniture market was valued at USD 15.5 billion in 2023 and is anticipated to register 5.1% CAGR between 2024 and 2032 owing to the increasing interest in outdoor living spaces.

The wooden furniture segment in the market generated USD 6.4 billion in 2023 and is expected to reach USD 10.6 billion by 2032 driven by the durability and weather resistance.

Asia Pacific outdoor furniture market generated USD 7 billion in 2023 and is expected to reach USD 11.7 billion by 2032 attributed to rapid urbanization and increasing disposable incomes.

Article, Ashley Furniture Industries, Brown Jordan International, Inc., Burrow Inc., Dedon GmbH, Ebel Inc., Fermob USA, Inc., Gloster Furniture, Grandin Road, and IKEA, Inc.

Outdoor Furniture Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 17
  • Tables & Figures: 49
  • Countries covered: 21
  • Pages: 135
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