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Sun Lounger Market Size

Report ID: GMI8042
Published Date: Feb 2024
Report Format: PDF

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Sun Lounger Market Size

Sun Lounger Market size was valued at USD 3 billion in 2023 and is anticipated to register a CAGR of over 5.2% between 2024 and 2032. The growing popularity of outdoor living spaces and the desire for comfortable outdoor furniture contribute to the demand for sun loungers. Consumers seek stylish and functional loungers to enhance their outdoor relaxation areas.

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The trend toward staycations, where individuals choose to spend their vacations at home or in nearby locations, has led to increased investments in outdoor furnishings. Sun loungers provide a comfortable retreat for individuals looking to create a resort-like experience at home. Sun loungers are associated with relaxation and leisure. As consumers prioritize wellness and mental health, they seek outdoor furniture that supports a tranquil and stress-free environment.

Sun Lounger Market Report Attributes
Report Attribute	Details
Base Year:	2023
Sun Lounger Market Size in 2023:	USD 3 Billion
Forecast Period:	2024 - 2032
Forecast Period 2024 - 2032 CAGR:	5.2%
2032 Value Projection:	USD 5 Billion
Historical Data for:	2018 – 2023
No. of Pages:	387
Tables, Charts & Figures:	250
Segments covered:	Material, Category, Lounger width, Armrest, End-user, Distribution channel, Region
Growth Drivers:	Increased Emphasis on Outdoor Spaces Rising Tourism and Hospitality Industry Wellness and Relaxation Trends Rapid urbanization
Pitfalls & Challenges:	Weather Dependency Saturated Market

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Sun loungers, with their ergonomic designs, fulfill this need. The trend of outdoor entertaining has driven the demand for versatile and stylish outdoor furniture, including sun loungers. Consumers want comfortable seating options for hosting guests or enjoying social gatherings in their outdoor spaces. The hospitality industry's demand for outdoor furniture, including sun loungers, contributes to the overall market. Resorts, hotels, and spas seek durable and comfortable loungers to enhance the guest experience in outdoor areas.

Sun loungers are often used in outdoor settings, and their demand is closely tied to weather conditions. Seasonal variations, extreme weather events, or unpredictable climates can impact sales and production cycles, leading to fluctuations in demand. The outdoor furniture market, including sun loungers, is highly competitive. Intense competition among manufacturers and retailers can result in price wars, reduced profit margins, and a constant need for innovation to stay ahead in the market.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of sun lounger reached USD 3 billion in 2023 and is set to witness 5.2% CAGR from 2024 to 2032, owing to the growing popularity of outdoor living spaces.

Fixed sun loungers segment dominated around USD 1.3 billion revenue in 2023, as they are appealing to consumers who prioritize creating a comfortable and aesthetically pleasing home environment.

North America market held a revenue share of 18% in 2023, attributed to the increasing rate of homeownership in the region.

Brown Jordan, Woodard Furniture, Cane-line, Tropitone Furniture, Dedon, Royal Botania, EMU Group, Polywood, Fermob, Patio Renaissance, Gloster Furniture, Oxford Garden, Harmonia Living, Lloyd Flanders, and Kettler.