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Outdoor Furniture and Grill Market Growth 2018-2026 |Key Players Agio International Co., Inc., Homecrest Outdoor Living, LLC
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In 2016, furniture segment was the largest segment in the global outdoor furniture and grill market. This is attributed to the rising trend of barbeque and outdoor diners along with outdoor recreational activities. For instance, according to the Food Standards Agency (FSA), U.K. hosted above 125 million barbecues in 2013. Residential segment accounted for highest market share in the global outdoor furniture and grill market in 2016, owing to rising trend of outdoor living areas including decks, patios, and porches along with increasing construction activities in the residential sector.
Asia Pacific region is the largest market in outdoor furniture and grill market due to increasing furniture industry. For instance, according to the Association of Furniture Manufacturers of India (AFMI), furniture industry in India was valued at US$ 17,922 million in 2015. Furthermore, the residential furniture sector is expected to reach US$ 15 billion by 2020. Rising trend of barbeque and grilling is fueling the outdoor furniture and grill market in North America. According to Hearth, Patio and Barbeque Association (HPBA), 7 out of 10 adults in the U.S. owned grill or smoker while 8 out of 10 adults in Canada owned grill or smoker in 2017.
Key players operating in the global outdoor furniture and grill market include Agio International Co., Inc., Homecrest Outdoor Living, LLC, Brown Jordan International Inc., Century Furniture LLC, Craftmade International Inc., Brown Jordan International Inc., Unaka Corporation, Weber-Stephen Products LLC, Keter Plastic Ltd., and Tropitone Furniture Co Inc.
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