Outdoor Furniture And Grill Market Growth Overview: 2024, Rising Industry Demands, Segmentation, and Dynamics | Agio International Co. Inc., Homecrest Outdoor Living LLC

Market Overview:

Outdoor furniture includes tables, chairs, chaises, umbrellas and enclosures that allow people to relax, dine or entertain in an outdoor space. Grills enable cooking various types of food outdoors that have become a popular way for outdoor cooking and entertaining.

Market Dynamics:

The growth of the outdoor furniture and grill market is driven by two major factors - increasing disposable income and changing lifestyle. Rising disposable income has enabled consumers to spend more on leisure activities and outdoor entertainment needs. This has positively impacted the sales of outdoor furniture and grills. Furthermore, evolving work culture and busy schedules have driven the demand for convenient grilling and dining solutions outdoors to enjoy quality time with family and friends. Manufacturers are launching innovative and technologically advanced products to cater to the growing demand.

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Major market players included in this report are:

★ 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.
★ Tropitone Furniture Co Inc.

*Disclaimer: Major Players are sorted in no particular order.

Detailed Segmentation:

Based on product type,
✦Furniture
✦ Grill
✦ Others

Based on material type,
✦ Metal
✦Plastic
✦ Wicker and Rattan
✦ Wood
✦ Others

Based on end-user,
✦ Residential
✦ Commercial

Regional Analysis:

North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia-Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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✦ Major Driver for Outdoor Furniture and Grill Market: Growing Interest in Outdoor Leisure Activities

The demand for outdoor furniture and grills is largely being driven by the increasing interest of consumers in outdoor leisure activities. With people spending more of their leisure time outdoors engaging in activities such as camping, picnicking, and barbeques, the requirement for comfortable and durable outdoor furniture sets as well as grills is growing substantially. The concept of alfresco dining has also become quite popular in recent years. Having outdoor spaces well equipped with suitable furniture allows consumers to comfortably extend their living areas outside. This is encouraging more homeowners to invest in quality outdoor furniture ensembles and grills that can withstand diverse weather conditions. The expanding popularity of outdoor entertaining is expected to continue boosting demand in the market over the coming years.

✦ Another Major Driver: Rise of DIY Home Improvement Projects

The rise of do-it-yourself (DIY) home remodeling and improvement projects during the pandemic is another key factor augmenting demand. As people spent more time confined within their homes, many increasingly focused on upgrading and enhancing their outdoor living spaces. Installing new decks, patios, and landscaping involved equipping these areas with necessary seating sets, tables, and grills. Several YouTube videos and blogs contributed to DIY becoming a mainstream trend during this period. The home renovation and remodeling boom seen worldwide helped generate incremental sales opportunities for outdoor products. Even with restrictions gradually easing, the appeal of attractive, functional outdoor areas is compelling many homeowners to continue investing in upgrading spaces for family recreation and entertainment use.

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✦ Major Restraint for Outdoor Furniture and Grill Market: Vulnerability to Adverse Weather

The top restrain hampering consistent growth is the vulnerability of outdoor wooden furniture and components like cushions to damage from adverse weather conditions. Prolonged exposure to rain, snow, and intense heat can degrade their appearance and structural durability over time. While materials like teak, eucalyptus, and acacia used in premium outdoor furniture offer good resistance, cheaper alternatives may fare poorly against extreme weather. Repair and replacement costs eat into long term savings for customers. Even sturdier metal frames require periodic maintenance like powder coating to retain their shine in corrosive coastal environments. The costs associated with protecting investments from various climatic threats is a deterrent, especially for consumer groups on tighter budgets. Manufacturers would need innovative weatherproofing solutions to address this challenge and drive more repeat sales.

✦ Major Opportunity for Outdoor Furniture and Grill Market: Expanding Vertically into Complementary Product Categories

A notable opportunity for manufacturers lies in expanding their current portfolio offerings to include other complementary categories beyond basic outdoor furniture and grills. While the core categories will likely remain growth drivers, venturing into adjunct areas could unlock incremental revenue streams. Areas that directly complement existing product lines include garden accessories such as planters, fountains, lighting fixtures; patio umbrellas, cushions and covers to optimize furniture durability; specialty grilling tools, cookware, seasonings that elevate the cooking experience. Strategic acquisitions may also help establish presence across a wider assortment of lifestyle product segments related to outdoor living spaces. With rising expectations around a fully equipped outdoor area serving various needs, a one-stop solution retailing various categories could favor brands capturing more wallet share from vibrant customers.

✦ Major Trend Influencing Outdoor Furniture and Grill Market: Emphasis on Environmentally-Sustainable Materials and Products

Emerging as a major industry trend is the growing consumer expectation and manufacturer emphasis on sustainability. In line with the global push for combating climate change, customers are becoming increasingly discerning about the environmental impact of every purchase. They favor brands demonstrating commitments to reducing their carbon footprint through sustainable sourcing, manufacturing, and end-of-life plans for products. Key materials being adopted include recycled plastic, aluminum and weathering steel for furniture structural components in place of treated wood. Non toxic, water-based paints and finishes replace oil based variants. Some manufacturers have also pioneered platforms for repair, refurbishment and eventual recycling at the buyback stage. Regulatory changes incentivizing green products and penalizing higher impact alternatives are expected to accelerate this shift towards a more eco-conscious outdoor living industry overall.

Key Questions

• How much revenue will the global Outdoor Furniture And Grill Market generate by the end of the forecast period?

• What regions currently contribute the maximum share to the overall Outdoor Furniture And Grill Market?

• What are the indicators expected to drive the global Outdoor Furniture And Grill Market?

• Which region is likely to be a lucrative market during the forecast period?

• What are the essential strategies incorporated by key stakeholders in the global Outdoor Furniture And Grill Market to expand their geographical presence?

• What are the major advancements witnessed in the global Outdoor Furniture And Grill Market?

• This report answers these questions and more about the global Outdoor Furniture And Grill Market, aiding major stakeholders and key players in making the right decisions and strategizing for the advancement of their business.

Table Of Content

Chapter No. 1 Introduction

1.1. Report Description

1.1.1. Purpose of the Report

1.1.2. USP & Key Offerings

1.2. Key Benefits for Stakeholders

1.3. Target Audience

1.4. Report Scope

Chapter No. 2 Executive Summary

2.1. Key Findings

2.1.1. Top Investment Pockets

2.1.1.1. Market Attractiveness Analysis, By Type

2.1.1.2. Market Attractiveness Analysis, By End Use

2.1.1.3. Market Attractiveness Analysis, By Region

2.2. Market Snapshot

2.3. Global Outdoor Furniture And Grill Market, 2018 - 2022 (US$ Million)

2.4. Insights from Primary Respondents

Chapter No. 3 COVID-19 Impact Analysis

3.1. Impact Assessment of COVID-19 Pandemic, By Region

3.1.1. North America

3.1.2. Europe

3.1.3. Asia Pacific

3.1.4. Latin America

3.1.5. The Middle East and Africa

Chapter No. 4: Company Profiles

4.1 Company Overview
4.2 Financial elements
4.3 Product Landscape
4.4 SWOT Analysis
4.5 Systematic Outlook

Chapter No. 5: Assumptions and Acronyms

Chapter No. 6: Research Methodology

Chapter No. 7: Contact (Continue . . .)

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