Press release
Outdoor Furniture Global Market Report 2024 Global Market Analysis, Trends, Growth, Research And Forecast 2033
Outdoor Furniture Global Market Insights
According to The Business Research Company's, The outdoor furniture market size has grown strongly in recent years. It will grow from $31.54 billion in 2023 to $33.51 billion in 2024 at a compound annual growth rate (CAGR) of 6.2%. The growth in the historic period can be attributed to increased outdoor living spaces, economic growth, changing lifestyles, rise in home improvement projects, increasing awareness of outdoor comfort.
The outdoor furniture market size is expected to see strong growth in the next few years. It will grow to $43.39 billion in 2028 at a compound annual growth rate (CAGR) of 6.7%. The growth in the forecast period can be attributed to rising disposable incomes, urbanization trends, innovative design solutions, growing outdoor living trends, advancements in design. Major trends in the forecast period include luxurious textiles, sustainable materials, technological advancements, customization, innovative designs.
Get The Complete Scope Of The Report @
https://www.thebusinessresearchcompany.com/report/outdoor-furniture-global-market-report
Market Drivers and Trends:
The increasing focus on home renovation is expected to propel the growth of the outdoor furniture market going forward. Home renovation refers to improving, remodeling, or updating an existing residential property to enhance its functionality, aesthetics, or value. The focus on home renovation arises because of personalization, property value, functionality, sustainability, lifestyle changes, and housing stock conditions. Outdoor furniture is commonly used in home renovation projects to enhance and extend outdoor living spaces, providing homeowners with functional and comfortable areas for relaxation, dining, and entertaining. For instance, in January 2023, according to the Joint Center for Housing Centers of Harvard University, a US-based university research center, the expenditure on home improvement projects is expected to increase from $472 billion in 2022 to $485 billion in 2024. Therefore, the increasing focus on home renovation is driving the growth of the outdoor furniture market.
Major companies operating in the outdoor furniture market focus on developing innovative solutions, such as recycled plastic furniture, using sustainable materials to drive growth, enhance brand reputation, and contribute to gaining a competitive edge in the market. Recycled plastic furniture refers to items made from recycled plastic materials. These materials are typically sourced from post-consumer or post-industrial plastic waste, which is collected, processed, and transformed into durable, sustainable furniture products. For instance, in June 2021, DCW Polymers Ltd., a UK-based sustainable outdoor product manufacturing company, launched a range of outdoor furniture made entirely from waste plastic collected from businesses across the region. This initiative involves investing in a new plastic reprocessing line to process waste plastics into recycled furniture, offering a sustainable alternative to timber. The furniture and products are maintenance-free, weatherproof, and made using 100% plastic waste collected from various businesses. The range includes picnic benches, tables, chairs, fence posts, and decking, providing a durable and eco-friendly option for outdoor spaces.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=14767&type=smp
Major Key Players of the Market:
The Home Depot Inc, Steelcase Inc, Woodard LLC, La-Z-Boy Inc, Skyline Design, Keter Plastic Ltd, Haworth Inc, Trex Company, Kimball International Inc, Century Furniture LLC, Dedon GmbH, Brown Jordan International, Tropitone Furniture Co, Summer Classics, Ebel Inc, Tuuci, Winston Furniture Company, Hauser Industries, Alfresco Home, Castelle Furniture Co Inc, Lloyd Flanders, Fermob, Sun Garden GmbH, EMU Group, Sifas
Outdoor Furniture Market 2024 Key Insights:
• The outdoor furniture market size is expected to see strong growth in the next few years. It will grow to $43.39 billion in 2028 at a compound annual growth rate (CAGR) of 6.7%.
• Exploring The Impact Of Home Renovation On Outdoor Furniture Market
• Innovative Solutions Driving Growth In The Outdoor Furniture Market Through Recycled Plastic Materials
• North America was the largest region in the outdoor furniture market in 2023
We Offer Customized Report, Click @
https://www.thebusinessresearchcompany.com/Customise?id=14767&type=smp
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Outdoor Furniture Global Market Report 2024 Global Market Analysis, Trends, Growth, Research And Forecast 2033 here
News-ID: 3692493 • Views: …
More Releases from The Business research company
Emerging Markets And Increasing Disposable Income Fueling Diamond Market Growth: …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Diamond Market Through 2025?
In the past few years, there has been a stable expansion in the diamond market size. The prediction is it will increase from $1.33 billion in 2024 to $1.39 billion in 2025, boasting a compound annual growth rate…
2025-2034 Nonmetallic Minerals Mining Support Activities Market Outlook: Key Dri …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Nonmetallic Minerals Mining Support Activities Industry Market Size Be by 2025?
In the past few years, there has been a robust expansion in the size of the nonmetallic minerals mining support activities market. It is projected to escalate from $34.04 billion in 2024 to $36.55 billion…
Professional Street Sweeper Industry Outlook 2025-2029: Market Set to Cross $3.1 …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Professional Street Sweeper Market Size By 2025?
The market size of professional street sweepers has seen significant expansion in the past few years. The market, predicted to rise from $2.37 billion in 2024 to $2.5 billion in 2025, boasts a compound annual growth rate (CAGR)…
Key Trends Reshaping the Industrial Wet Dust Collector Market: Advanced Filtrati …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Industrial Wet Dust Collector Market Size Growth Forecast: What to Expect by 2025?
In recent times, there has been a robust growth in the size of the industrial wet dust collector market. It is expected to swell from $1.89 billion in 2024 to $2 billion by 2025, showing a…
More Releases for Furniture
Hotel Furniture Market to See Booming Growth | Northland Furniture, Foliot Furni …
The latest study released on the Global Hotel Furniture Market by AMA Research evaluates market size, trend, and forecast to 2027. The Hotel Furniture market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.
Key Players in…
Bedroom Furniture Market Share by Top Companies, Size, Growth, Industry Analysis …
Bedroom Furniture Market Scope & Overview: The research investigates the key factors influencing international market growth. In order to assess the overall size of the Bedroom Furniture market during the forecast period, the report employed a bottom-up technique to collect and forecast data for a wide range of industrial verticals and end-user sectors, as well as their reach across numerous categories.
Market participants may utilize market data to develop strategies to…
Home Furniture Market, Office Furniture Market, Hospital Furniture Market, Woode …
Furniture is a movable/mutable object intended to support a variety of human activity including seating, sleeping, fencing and protection. It is also used to hold the object at the proper height for working. It can also be designed & used as a decorative object. Furniture has become a vital part of human life since non-nomadic culture. It is kept in home or other commercial buildings to make the living &…
Bedroom Furniture Market Growth 2017 to 2022: Dominated by ughan-Bassett Furnitu …
Worldwide Market Reports recently released “ Global Bedroom Furniture Market Research Report 2017” that centers around the latest developing trends and technologies in the Global Bedroom Furniture Market having Five Years of forecast period from 2017 to 2022 and considering Market status study from 2017 to 2022.
During the research, noteworthy data was collected in order to shape the research document and make it a valuable resource for managers, industry executives…
Bedroom Furniture Market Size to Grow Rapidly in Future | Global Key Players - a …
Worldwide Market Reports recently released “ Global Bedroom Furniture Market Research Report 2017” that centers around the latest developing trends and technologies in the Global Bedroom Furniture Market having Five Years of forecast period from 2017 to 2022 and considering Market status study from 2017 to 2022.
During the research, noteworthy data was collected in order to shape the research document and make it a valuable resource for managers, industry executives…
Bedroom Furniture Market Key Player Information are - Vaughan-Bassett Furniture …
Worldwide Market Reports recently released “ Global Bedroom Furniture Market Research Report 2017” that centers around the latest developing trends and technologies in the Global Bedroom Furniture Market having Five Years of forecast period from 2017 to 2022 and considering Market status study from 2017 to 2022.
During the research, noteworthy data was collected in order to shape the research document and make it a valuable resource for managers, industry executives…
