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Outdoor Garden Furniture Market Report: Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2026

04-24-2018 06:42 AM CET | Industry, Real Estate & Construction

Press release from: Fact.MR

Fact.MR

Fact.MR

Fact.MR has been actively involved in offering comprehensive research data concerning various topics which are associated to industrial reference and investor utility. “Outdoor Garden Furniture Market Forecast, Trend Analysis & Competition Tracking – Global Review 2017 to 2026” Readers can access knowledge related to market volume, regional expanse as well as competitive landscape prevailing in the globaloutdoor garden furniture market. In order to study development patterns, this smart assessment also focuses on marketdynamics, which talks about drivers, restraints and opportunities estimated to influence the concerned market during the forecast period.

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Outdoor living now is more than a few chairs scattered in the garden. Hence, outdoor furniture makers are offering comfortable, attractive furniture with various color options. In the recent years, there has been an advancement in fabric technology in outdoor garden furniture. Growing trend of outdoor garden restaurants is also driving the market growth for outdoor furniture for garden. Consumers buying outdoor furniture for garden are looking for stylish and attractive, easy to maintain and durable furniture. Outdoor furniture for garden with multifunctional features are also gaining popularity.

However, shrinking space of garden and balcony in modern infrastructure and the trend of compact housing is negatively impacting the growth of the global outdoor garden furniture market. The trend in housing with small and patio garden is also becoming common. Hence, the preference for garden furniture in terms material, size, and design is also changing.

As per the report by Fact.MR, the global outdoor garden furniture market is likely to witness significant growth. During 2017-2026, the market is estimated to increase at a CAGR of 6.4% in terms of value. While on basis of volume, the global outdoor garden furniture market is estimated to reach 14,622 thousand units towards the end of 2026. Following are the insights on how the global market will perform in the coming years.

Seating Sets- Top-Selling Outdoor Garden Furniture Product

In terms of value, seating sets are likely to emerge as the top-selling outdoor garden furniture product. By 2026 end, seating sets are projected to reach nearly US$ 3,700 million revenue. Meanwhile, in terms of volume, chairs are likely to account for the highest growth. Increasing number of people prefer the same type of comfort as offered by indoor furniture in their outdoor garden setting. Hence, the demand for seating sets is increasing in the outdoor garden furniture.

Wood to Emerge as the Highly Preferred Material in Outdoor Garden Furniture

Wood is likely to emerge as one of the highly preferred materials in the production of outdoor furniture. Towards 2026 end, wood as the material for outdoor garden furniture is projected to reach close to US$ 3,000 million revenue. Wood is one of the popular material choices in outdoor garden furniture as it is eco-friendly material, it is strong, and also has aesthetic appeal.

Outdoor Garden Furniture to find Largest Application in Leisure and Decoration

Outdoor garden furniture is likely to find the largest application in leisure and decoration. Outdoor garden furniture for leisure and decoration is projected to exceed US$ 3,400 million revenue by 2026 end. The outdoor garden area is usually set aside for recreation. Hence, to make it more comfortable and offer a relaxing environment, people are adding a piece of furniture that provides utmost comfort along with unique designs.

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Outdoor Garden Furniture to Witness Highest Sales through Independent Furniture Store

Outdoor garden furniture are likely to witness the highest sales through an independent furniture store. By 2026 end, in terms of volume, more than 5,000 thousand units of outdoor garden furniture are projected to be sold through an independent furniture store. Independent furniture stores offer a variety of outdoor furniture at various price and also provide offers and discounts. Hence, the sales of outdoor furniture through an independent furniture store is the highest.

Competition Tracking

The report provides profiles of the major companies that are expected to remain active in the expansion of global outdoor garden furniture market through 2026, which include Inter Ikea Systems B.V., Herman Miller Inc., Trex Company, Inc., Kimball International, Inc., Steelcase Inc., Keter Plastic Ltd, Barbeques Galore (Aust) Pty Limited, Brown Jordan International, Inc., Century Furniture LLC, Agio International Co., Inc., Flanders Industries, Inc., DEDON GmbH, EMU Group S.p.A, Tuuci, Inc., Royal Botania NV, Hartman Outdoor Products BV, Homecrest Outdoor Living, LLC, Kettal Group, Treasure Garden Inc., Sitra Holdings (International) Ltd, Fischer Mobel GmbH, Gloster Furniture Limited, Winston Furniture Company, Inc., Vixen Hill Manufacturing Company Inc., and Adams Manufacturing Company.

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Retail & Consumer Goods Market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

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