Press release
Major Growth on Global Outdoor Furniture Market Expected by 2019-2026: Top Key Players- IKEA Group, Century, Brown Jordan, Keter Group
The outdoor furniture market for wood materials will see a CAGR of over XX% by 2026. Wood is one of the most popular materials in garden furniture due to its excellent comfort, eco-friendliness, powerful structure and aesthetic appeal. They are widely used in the production of residential and commercial outdoor furniture. Wood-based furniture promotes industrial growth by providing lightweight, long lasting, natural and abundant charm.
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Global and regional outdoor furniture research for leading companies is an intelligent process of collecting and analyzing numerical data related to services and products. This research gives you an idea of what your target audience needs to understand, need and want. It also shows how effectively your company can meet your requirements. Market research gathers data on customers, marketing strategies and competitors. The outdoor furniture manufacturing industry is becoming more and more dynamic and innovative, and a large number of individual players are entering the industry.
Top key players are including in this report: Ashley Furniture Industries, IKEA Group, Century, Agio International Company Limited, Brown Jordan, Barbeques Galore, Keter Group, Lloyd Flanders etc.
The regional segmentation of the global outdoor furniture market divides the market into continental regional markets such as North America, Europe, Asia Pacific, the Middle East and Africa (MEA) and other regions (RoW). According to the report, North America is dominating the market in all regional markets. Of the national markets, the US (USA) occupies the largest portion of the outdoor furniture market in the region, followed by Canada and Mexico. During the forecast period, the US market is expected to grow at compound annual growth rate (CAGR) of about XX%. Demand for outdoor furniture is increasing as a factor driving market growth. Other factors, such as ease of maintenance, storage space and appearance, are leading the market.
Europe is the second largest regional market due to its high population density, high per capita income, high demand for premium products and high market share in all industries. The most important country-based markets in Europe are France, Germany and the United Kingdom (UK). The Asia Pacific region is a market for outdoor furniture that industry needs to utilize while products such as wood and plastics manufacturing are well underway in countries such as China and India.
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During forecast period, this market anticipated decent growth. The market is limited in the MEA region. The MEA region has limited technology associated with shortage of processed wood, inadequate climatic conditions for wood development, metal extraction or plastics manufacturing. One of the other reasons for limited market growth in this region is lack of awareness, lack of education, lack of technology development and political instability.
Major Factors:
• Global Outdoor Furniture Market Overview
• Economic Impact on Market
• Market Competition
• Global Outdoor Furniture Market Analysis by Application
• Industrial Chain, Sourcing Strategy and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders
• Global Outdoor Furniture Market Effect, Factors, Analysis
• Global Outdoor Furniture Market Forecast
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