Press release
What are the different trends in Outdoor Furniture Market growth? Top Manufacturers: Ashley Furniture Industries, Inter IKEA Group, DEDON, TUUCI, KETTAL
This detailed report on Outdoor Furniture Market put together by Global Market Insights offers a succinct study on regional forecast, industry size, revenue estimations related to the industry. The report further emphasizes primary challenges and growth trends adopted by leading manufacturers of the dynamic competitive spectrum of the Outdoor Furniture market.Asia Pacific Outdoor Furniture Market is projected to grow at the fastest pace from 2018 to 2024. The region is among the key emerging economies and witnessing modern trends for enchaining outer garden and outer spaces, especially in China, Japan, South Korea Malaysia, and Indonesia. Rapid urbanization and new construction in urban cities is mainly boosting the market share for products across the region.
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Outdoor Furniture Market in Europe is projected to exceed USD 6,500 billion revenue by 2024. Traditional residential building along with new constructions boosting the demand for the outer furniture including chairs, table, lounges, and combination sets strongly supporting industry growth. Additionally, European countries are among the largest traveling & tourism destinations in the countries owing to the improved consumer spending in the region
Outdoor Furniture Market, by Material:
• Wood
• Metal
• Plastic
• Textile
• Others (glass and leather)
Wooden products accounted for over 50% of the material demand in 2017, the material is highly preferred over its counterparts owing to the natural appearance and exceptionally attractive designs glorify outdoor furniture product portfolio. Mahogany, redwood, teak, cedar, pine, eucalyptus and composite material widely used in the making due to excellent natural & appealing shades enhances aesthetic appearances boosting product profile.
Outdoor Furniture Market, by Product:
• Chairs
• Tables
• Seating sets
• Dining sets
• Loungers & day beds
• Others
Increasing number of homeowners worldwide primarily augmenting demand for outdoor furniture products. Attractive garden designing showcase improved compatibility to match up aesthetic items with lounges, chairs, tables, and other accessories to enhance garden spaces propelling market penetration. These trends are mainly observed coastal area, beach, hotels, resorts, cafes, lounges restaurants and bars boosting outdoor furniture market expansion.
The construction industry growth accompanied by improved consumer spending is the key factor, which is projected to boost the outdoor furniture market growth over the forecast period. Improved consumer spending and traveling trends resulted in an increased number of tourists across the world. Decorative lounge chairs, upholstery products, and table are the key revenue-generating products in the market.
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Outdoor Furniture Market, by End-User:
• Residential
• Commercial
The changing consumer preferences towards the requirement for residential private houses and commercial building are primarily driving attractive garden furniture market. Increasing consumer attention toward enhancing outdoor spaces to create comfortable and appealing designs of the garden, the balcony, outside porches is influencing outdoor furniture market growth.
Global outdoor furniture market share is competitive owing to the presence of key players, including:
• Ashley Furniture Industries
• Inter IKEA Group
• Century Furniture
• Agio International Company Limited
• Brown Jordan
• Barbeques Galore
• Keter Group
• Lloyd Flanders
• DEDON
• Emu Group
• TUUCI
• Royal Botania
• Hartman UK
• Homecrest Outdoor Living
• Kettal
• Fischer Mobel GmbH
• Treasure Garden Incorporated
• Gloster Furniture
Product design, configuration, and after-sale service is the key concerning areas for industry players.
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Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com/
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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