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Outdoor Furniture Market - Global Industry Analysis

Outdoor Furniture Market- By Product (Chairs & Tables and Seating Sets, Dining Sets, and Loungers & Daybeds), By Material (Metal, Plastic, Textile, and Wood), By End-User (Residential, Commercial, and Industrial), And By Region- Global Industry Perspective, Comprehensive Analysis, and Forecast, 2021 – 2028

Published Date: 05-Oct-2021 Category: Consumer Goods Report Format : PDF Pages: 160 Report Code: ZMR-5422 Status : Published

The global Outdoor Furniture Market accrued earnings worth approximately 15.3 (USD Billion) in 2020 and is predicted to gain revenue of about 25.1(USD Billion) by 2028, is set to record a CAGR of nearly 6.1% over the period from 2021 to 2028.

Description

The global Outdoor Furniture Market accrued earnings worth approximately 15.3 (USD Billion) in 2020 and is predicted to gain revenue of about 25.1(USD Billion) by 2028, is set to record a CAGR of nearly 6.1% over the period from 2021 to 2028. The report offers assessment and analysis of the Outdoor Furniture Market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2018 to 2020 along with a forecast from 2021 to 2028 based on revenue (USD Billion).

Outdoor Furniture Market: Outlook

Outdoor furniture finds myriad applications in residential, industrial, and commercial sectors. Moreover, growing customer preference towards improving aesthetic appeal of outdoor spaces will facilitate improvement in design & production of furniture for outdoor use. Apparently, massive demand for furniture (with new features) in gardens and balconies will boost market size. Changing seasonal cycles in various countries can have direct impact on use of raw material types for manufacturing outdoor furniture. Additionally, outdoor furniture is also referred to as patio furniture that is manufactured for outdoor fittings and is produced from weather resistant materials. Moreover, this furniture is utilized for increasing comfort, particularly, of aging persons.

Outdoor Furniture Market: Growth Dynamics

Surge in per capita income and spending on travel & tourism activities will steer growth of outdoor furniture market in years ahead. Apart from this, rapidly changing lifestyles of young population is set to create new growth avenues for outdoor furniture market over upcoming period. In addition to this, rise in addition to existing product line will embellish expansion of outdoor furniture industry over forecasting timeline. Thriving hotel & restaurant sector will prop up size of outdoor furniture industry in years to come. Moreover, a large number of household owners are highlighting on improving garden as well as balcony appearance and this has converted into huge product demand. Need for producing eco-friendly products due to renewable energy trends across globe will kindle outdoor furniture market development over upcoming years. Profitability of outdoor furniture market can be attributed to surge in spending capacity of consumers along with high focus of manufacturers on producing outdoor furniture for beach resorts and restaurants as well as motels.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Furthermore, rise in consumer spending on leisure activities will culminate into humungous growth of outdoor furniture industry. However, outbreak of COVID-19 pandemic resulting in elongated lockdown has hampered expansion of outdoor furniture market. Additionally, high costs incurred while installing outdoor furniture will also produce glitches in the growth path of outdoor furniture market in years ahead. Nonetheless, increase in disposable income of customers resulting in rise in living standards will not only help outdoor furniture market space attain new destinations of growth, but will offset impact of hindrances on market growth factors.

Regional Landscape

North America To Make Notable Contributions Towards Overall Market Size By 2028

Growth of outdoor furniture market in North America during forecast timeline is owing to increase in customer trend towards furniture with new features. In addition to this, surge in number of offices with gardens to improve working conditions in office space and increase in recreational units will reinforce market landscape in the region. Apart from this, smart home concept has become a buzzword for people in countries such as Canada and the U.S. and this is likely to pave a way for growth of outdoor furniture market in North America over years to come. High inclination of End-Userrs on purchase of compact size houses has culminated into massive focus of furniture manufacturers on producing furniture with manifold features for these households. This, in turn, is predicted to contribute significantly towards regional market earnings in upcoming years.

Competitive Landscape

Key participants influencing market size and profiled in study are Brown Jordan, Dedon, Royal Botania NV, Unopiu, Amisco, Ace Hardware, Haworth, Inc., Steelcase, Williams-Sonoma, Inc., Herman Miller, Inc., Ashley CABANACOAST, Molteni & C., Dorel Industries, Furniture Industries, Knoll, Inc., Sun Garden GmbH, The Home Depot, Inc., Patio Furniture Industries, Inc., IKEA, Tuuci, B&B Italia SpA, Century Furniture, Roda Srl, Forever Patio, and Hartman UK.

The global Outdoor Furniture Market is segmented as follows:

By Product

  • Chairs & Tables
  • Seating Sets
  • Dining Sets
  • Loungers & Daybeds

By End-User

  • Residential
  • Industrial
  • Commercial

By Material

  • Metal
  • Plastic
  • Wood
  • Textile

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description and Scope
    • 1.2. Research Scope
    • 1.3. Research Methodulogy
      • 1.3.1. Market Research Type
      • 1.3.2. Market Research Methodulogy
  • Chapter 2. Executive Summary
    • 2.1. Outdoor Furniture Market, 2018–2028(USD Billion)
    • 2.2. Outdoor Furniture Market: Snapshot
  • Chapter 3. Global Outdoor Furniture Market– Industry Analysis
    • 3.1. Outdoor Furniture Market: Market Dynamics
    • 3.2. Market Drivers
      • 3.2.1. Rise in spending on travel & tourism activities will aplomb expansion of outdoor furniture market in years ahead.
      • 3.2.2. Constantly altering life patterns of young & adult population is poised to generate new vertices of growth for outdoor furniture market over years ahead.
    • 3.3. Porter’s Five Forces Analysis
    • 3.4. Market Attractiveness Analysis
      • 3.4.1. Market attractiveness analysis By Product
      • 3.4.2. Market attractiveness analysis By Material
      • 3.4.3. Market attractiveness analysis By End-User
  • Chapter 4. Global Outdoor Furniture Market– Competitive Landscape
    • 4.1. Company market share analysis
      • 4.1.1. Global Outdoor Furniture Market: company market share, 2019
    • 4.2. Strategic development
      • 4.2.1. Acquisitions & mergers
      • 4.2.2. New Product launches
      • 4.2.3. Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4. Research and development and Regional expansion
    • 4.3. Price trend analysis
  • Chapter 5. Global Outdoor Furniture Market– Product Analysis
    • 5.1. Global Outdoor Furniture Market overview: By Product
      • 5.1.1. Global Outdoor Furniture Market share, By Product, 2020 and 2028
    • 5.2. Chairs & Tables
      • 5.2.1. Global Outdoor Furniture Market by Chairs & Tables, 2018–2028(USD Billion)
    • 5.3. Seating Sets
      • 5.3.1. Global Outdoor Furniture Market by Seating Sets, 2018–2028(USD Billion)
    • 5.4. Dining Sets
      • 5.4.1. Global Outdoor Furniture Market by Dining Sets, 2018–2028(USD Billion)
    • 5.5. Loungers & Daybeds
      • 5.5.1. Global Outdoor Furniture Market by Loungers & Daybeds, 2018–2028(USD Billion)
  • Chapter 6. Global Outdoor Furniture Market– Material Analysis
    • 6.1. Global Outdoor Furniture Market overview: By Material
      • 6.1.1. Global Outdoor Furniture Market share, By Material, 2020 and 2028
    • 6.2. Metal
      • 6.2.1. Global Outdoor Furniture Market by Metal , 2018–2028(USD Billion)
    • 6.3. Plastic
      • 6.3.1. Global Outdoor Furniture Market by Plastic, 2018–2028(USD Billion)
    • 6.4. Wood
      • 6.4.1. Global Outdoor Furniture Market by Wood, 2018–2028(USD Billion)
    • 6.5. Textile
      • 6.5.1. Global Outdoor Furniture Market by Textile, 2018–2028(USD Billion)
  • Chapter 7. Global Outdoor Furniture Market overview: By End-User
    • 7.1. Global Outdoor Furniture Market share, By End-User, 2020 and 2028
    • 7.2. Residential
      • 7.2.1. Global Outdoor Furniture Market by Residential , 2018–2028(USD Billion)
    • 7.3. Industrial
      • 7.3.1. Global Outdoor Furniture Market by Industrial, 2018–2028(USD Billion)
    • 7.4. Commercial
      • 7.4.1. Global Outdoor Furniture Market by Commercial, 2018–2028(USD Billion)
  • Chapter 8. Company Profiles
    • 8.1. Brown Jordan
      • 8.1.1. Overview
      • 8.1.2. Financials
      • 8.1.3. Product Portfulio
      • 8.1.4. Business Strategy
      • 8.1.5. Recent Developments
    • 8.2. Dedon
      • 8.2.1. Overview
      • 8.2.2. Financials
      • 8.2.3. Product Portfulio
      • 8.2.4. Business Strategy
      • 8.2.5. Recent Developments
    • 8.3. Royal Botania NV
      • 8.3.1. Overview
      • 8.3.2. Financials
      • 8.3.3. Product Portfulio
      • 8.3.4. Business Strategy
      • 8.3.5. Recent Development
    • 8.4. Unopiu
      • 8.4.1. Overview
      • 8.4.2. Financials
      • 8.4.3. Product Portfulio
      • 8.4.4. Business Strategy
      • 8.4.5. Recent Development
    • 8.5. Amisco
      • 8.5.1. Overview
      • 8.5.2. Financials
      • 8.5.3. Product Portfulio
      • 8.5.4. Business Strategy
      • 8.5.5. Recent Development
    • 8.6. Ace Hardware
      • 8.6.1. Overview
      • 8.6.2. Financials
      • 8.6.3. Product Portfulio
      • 8.6.4. Business Strategy
      • 8.6.5. Recent Development
    • 8.7. Haworth, Inc.
      • 8.7.1. Overview
      • 8.7.2. Financials
      • 8.7.3. Product Portfulio
      • 8.7.4. Business Strategy
      • 8.7.5. Recent Development
    • 8.8. Steelcase
      • 8.8.1. Overview
      • 8.8.2. Financials
      • 8.8.3. Product Portfulio
      • 8.8.4. Business Strategy
      • 8.8.5. Recent Development
    • 8.9. Williams-Sonoma, Inc.
      • 8.9.1. Overview
      • 8.9.2. Financials
      • 8.9.3. Product Portfulio
      • 8.9.4. Business Strategy
      • 8.9.5. Recent Development
    • 8.10. Herman Miller, Inc.
      • 8.10.1. Overview
      • 8.10.2. Financials
      • 8.10.3. Product Portfulio
      • 8.10.4. Business Strategy
      • 8.10.5. Recent Development
    • 8.11. Ashley CABANACOAST
      • 8.11.1. Overview
      • 8.11.2. Financials
      • 8.11.3. Product Portfulio
      • 8.11.4. Business Strategy
      • 8.11.5. Recent Development
    • 8.12. Multeni & C.
      • 8.12.1. Overview
      • 8.12.2. Financials
      • 8.12.3. Product Portfulio
      • 8.12.4. Business Strategy
      • 8.12.5. Recent Development
    • 8.13. Dorel Industries
      • 8.13.1. Overview
      • 8.13.2. Financials
      • 8.13.3. Product Portfulio
      • 8.13.4. Business Strategy
      • 8.13.5. Recent Development
    • 8.14. Furniture Industries
      • 8.14.1. Overview
      • 8.14.2. Financials
      • 8.14.3. Product Portfulio
      • 8.14.4. Business Strategy
      • 8.14.5. Recent Development
    • 8.15. Hartman UK
      • 8.15.1. Overview
      • 8.15.2. Financials
      • 8.15.3. Product Portfulio
      • 8.15.4. Business Strategy
      • 8.15.5. Recent Development
    • 8.16. Forever Patio
      • 8.16.1. Overview
      • 8.16.2. Financials
      • 8.16.3. Product Portfulio
      • 8.16.4. Business Strategy
      • 8.16.5. Recent Development
    • 8.17. Roda Srl
      • 8.17.1. Overview
      • 8.17.2. Financials
      • 8.17.3. Product Portfulio
      • 8.17.4. Business Strategy
      • 8.17.5. Recent Development
    • 8.18. Century Furniture
      • 8.18.1. Overview
      • 8.18.2. Financials
      • 8.18.3. Product Portfulio
      • 8.18.4. Business Strategy
      • 8.18.5. Recent Development
    • 8.19. Tuuci
      • 8.19.1. Overview
      • 8.19.2. Financials
      • 8.19.3. Product Portfulio
      • 8.19.4. Business Strategy
      • 8.19.5. Recent Development
    • 8.20. B&B Italia SpA
      • 8.20.1. Overview
      • 8.20.2. Financials
      • 8.20.3. Product Portfulio
      • 8.20.4. Business Strategy
      • 8.20.5. Recent Development
    • 8.21. IKEA
      • 8.21.1. Overview
      • 8.21.2. Financials
      • 8.21.3. Product Portfulio
      • 8.21.4. Business Strategy
      • 8.21.5. Recent Development
    • 8.22. Patio Furniture Industries, Inc.
      • 8.22.1. Overview
      • 8.22.2. Financials
      • 8.22.3. Product Portfulio
      • 8.22.4. Business Strategy
      • 8.22.5. Recent Development
    • 8.23. The Home Depot, Inc.
      • 8.23.1. Overview
      • 8.23.2. Financials
      • 8.23.3. Product Portfulio
      • 8.23.4. Business Strategy
      • 8.23.5. Recent Development
    • 8.24. Sun Garden GmbH
      • 8.24.1. Overview
      • 8.24.2. Financials
      • 8.24.3. Product Portfulio
      • 8.24.4. Business Strategy
      • 8.24.5. Recent Development
    • 8.25. Knull, Inc.
      • 8.25.1. Overview
      • 8.25.2. Financials
      • 8.25.3. Product Portfulio
      • 8.25.4. Business Strategy
      • 8.25.5. Recent Development

List of Figures

1.    Market research Type
2.    Market research methodology
3.    Global Outdoor Furniture Market, 2018–2028(USD Billion)
4.    Porter’s Five Forces Analysis
5.    Global Outdoor Furniture Marketattractiveness, By Product
6.    Global Outdoor Furniture Marketattractiveness, By Material
7.    Global Outdoor Furniture Marketattractiveness, By End-User
8.    Global Outdoor Furniture Marketshare by Product ,2020 and 2028 (USD Billion)
9.    Global Outdoor Furniture Marketby Chairs & Tables, 2018–2028(USD Billion)
10.    Global Outdoor Furniture Marketby Seating Sets, 2018–2028(USD Billion)
11.    Global Outdoor Furniture Marketby Dining Sets, 2018–2028(USD Billion)
12.    Global Outdoor Furniture Marketby Loungers & Daybeds, 2018–2028(USD Billion)
13.    Global Outdoor Furniture Marketshare by Material,2020 and 2028 (USD Billion)
14.    Global Outdoor Furniture Marketby Metal,  2018–2028(USD Billion)
15.    Global Outdoor Furniture Marketby Plastic, 2018–2028(USD Billion)
16.    Global Outdoor Furniture Marketby Wood, 2018–2028(USD Billion)
17.    Global Outdoor Furniture Marketby Textile , 2018–2028(USD Billion)
18.    Global Outdoor Furniture Marketshare by End-User,2020 and 2028 (USD Billion)
19.    Global Outdoor Furniture Marketby Residential,  2018–2028(USD Billion)
20.    Global Outdoor Furniture Marketby Industrial, 2018–2028(USD Billion)
21.    Global Outdoor Furniture Marketby Commercial, 2018–2028(USD Billion)
22.    Global Outdoor Furniture Marketshare, by Region, 2020 and 2028
23.    North America Outdoor Furniture Market, 2018–2028(USD Billion)
24.    Europe Outdoor Furniture Market, 2018–2028(USD Billion)
25.    Asia Pacific Outdoor Furniture Market, 2018–2028(USD Billion)
26.    Latin America Outdoor Furniture Market, 2018–2028(USD Billion)
27.    The Middle East and Africa Outdoor Furniture Market, 2018–2028(USD Billion)
 


List of Tables

1.    Global Outdoor Furniture Market: snapshot
2.    Drivers of the Outdoor Furniture Market: impact analysis
3.    North America Outdoor Furniture Market revenue, By Product  ,2018–2028(USD Billion)
4.    North America Outdoor Furniture Market revenue, By Material ,2018–2028(USD Billion)
5.    North America Outdoor Furniture Market revenue, By End-User,2018–2028(USD Billion)
6.    The U.S. Outdoor Furniture Market revenue, By Product  ,2018–2028(USD Billion)
7.    The U.S. Outdoor Furniture Market revenue, By Material ,2018–2028(USD Billion)
8.    The U.S. Outdoor Furniture Market revenue, By End-User,2018–2028(USD Billion)
9.    Rest of North America Outdoor Furniture Market revenue, By Product  ,2018–2028(USD Billion)
10.    Rest of North America Outdoor Furniture Market revenue, By Material ,2018–2028(USD Billion)
11.    Rest of North America Outdoor Furniture Market revenue, By End-User,2018–2028(USD Billion)
12.    Europe Outdoor Furniture Market revenue, By Product  ,2018–2028(USD Billion)
13.    Europe Outdoor Furniture Market revenue, By Material ,2018–2028(USD Billion)
14.    Europe Outdoor Furniture Market revenue, By End-User,2018–2028(USD Billion)
15.    UK Outdoor Furniture Market revenue, By Product  ,2018–2028(USD Billion)
16.    UK Outdoor Furniture Market revenue, By Material ,2018–2028(USD Billion)
17.    UK Outdoor Furniture Market revenue, By End-User,2018–2028(USD Billion)
18.    France Outdoor Furniture Market revenue, By Product  ,2018–2028(USD Billion)
19.    France Outdoor Furniture Market revenue, By Material ,2018–2028(USD Billion)
20.    France Outdoor Furniture Market revenue, By End-User,2018–2028(USD Billion)
21.    Germany Outdoor Furniture Market revenue, By Product  ,2018–2028(USD Billion)
22.    Germany Outdoor Furniture Market revenue, By Material ,2018–2028(USD Billion)
23.    Germany Outdoor Furniture Market revenue, By End-User,2018–2028(USD Billion)
24.    Rest of Europe Outdoor Furniture Market revenue, By Product  ,2018–2028(USD Billion)
25.    Rest of Europe Outdoor Furniture Market revenue, By Material ,2018–2028(USD Billion)
26.    Rest of Europe Outdoor Furniture Market revenue, By End-User,2018–2028(USD Billion)
27.    Asia Pacific Outdoor Furniture Market revenue, By Product  ,2018–2028(USD Billion)
28.    Asia Pacific Outdoor Furniture Market revenue, By Material ,2018–2028(USD Billion)
29.    Asia Pacific Outdoor Furniture Market revenue, By End-User,2018–2028(USD Billion)
30.    China Outdoor Furniture Market revenue, By Product  ,2018–2028(USD Billion)
31.    China Outdoor Furniture Market revenue, By Material ,2018–2028(USD Billion)
32.    China Outdoor Furniture Market revenue, By End-User,2018–2028(USD Billion)
33.    Japan Outdoor Furniture Market revenue, By Product  ,2018–2028(USD Billion)
34.    Japan Outdoor Furniture Market revenue, By Material ,2018–2028(USD Billion)
35.    Japan Outdoor Furniture Market revenue, By End-User,2018–2028(USD Billion)
36.    India Outdoor Furniture Market revenue, By Product  ,2018–2028(USD Billion)
37.    India Outdoor Furniture Market revenue, By Material ,2018–2028(USD Billion)
38.    India Outdoor Furniture Market revenue, By End-User,2018–2028(USD Billion)
39.    Rest of Asia Pacific Outdoor Furniture Market revenue, By Product  ,2018–2028(USD Billion)
40.    Rest of Asia Pacific Outdoor Furniture Market revenue, By Material ,2018–2028(USD Billion)
41.    Rest of Asia Pacific Outdoor Furniture Market revenue, By End-User,2018–2028(USD Billion)
42.    Latin America Outdoor Furniture Market revenue, By Product  ,2018–2028(USD Billion)
43.    Latin America Outdoor Furniture Market revenue, By Material ,2018–2028(USD Billion)
44.    Latin America Outdoor Furniture Market revenue, By End-User,2018–2028(USD Billion)
45.    Brazil Outdoor Furniture Market revenue, By Product  ,2018–2028(USD Billion)
46.    Brazil Outdoor Furniture Market revenue, By Material ,2018–2028(USD Billion)
47.    Brazil Outdoor Furniture Market revenue, By End-User,2018–2028(USD Billion)
48.    Rest of Latin America Outdoor Furniture Market revenue, By Product  ,2018–2028(USD Billion)
49.    Rest of Latin America Outdoor Furniture Market revenue, By Material ,2018–2028(USD Billion)
50.    Rest of Latin  America Outdoor Furniture Market revenue, By End-User,2018–2028(USD Billion)
51.    The Middle East and Africa Outdoor Furniture Market revenue, By Product  ,2018–2028(USD Billion)
52.    The Middle East and Africa Outdoor Furniture Market revenue, By Material ,2018–2028(USD Billion)
53.    The Middle East and Africa Outdoor Furniture Market revenue, By End-User,2018–2028(USD Billion)
54.    Saudi Arabia Outdoor Furniture Market revenue, By Product  ,2018–2028(USD Billion)
55.    Saudi Arabia Outdoor Furniture Market revenue, By Material ,2018–2028(USD Billion)
56.    Saudi Arabia Outdoor Furniture Market revenue, By End-User,2018–2028(USD Billion)
57.    South Africa Outdoor Furniture Market revenue, By Product  ,2018–2028(USD Billion)
58.    South Africa Outdoor Furniture Market revenue, By Material ,2018–2028(USD Billion)
59.    South Africa Outdoor Furniture Market revenue, By End-User,2018–2028(USD Billion)
60.    Rest of the Middle East & Africa Outdoor Furniture Market revenue, By Product  ,2018–2028(USD Billion)
61.    Rest of the Middle East & Africa Outdoor Furniture Market revenue, By Material ,2018–2028(USD Billion)
62.    Rest of the Middle East & Africa Outdoor Furniture Market revenue, By End-User,2018–2028(USD Billion)

 

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FrequentlyAsked Questions

Surge in per capita income and spending on travel & tourism activities will steer growth of outdoor furniture market in years ahead. Apart from this, rapidly changing lifestyles of young population is set to create new growth avenues for outdoor furniture market over upcoming period. In addition to this, rise in addition to existing product line will embellish expansion of outdoor furniture industry over forecasting timeline. Thriving hotel & restaurant sector will prop up size of outdoor furniture industry in years to come. Moreover, a large number of household owners are highlighting on improving garden as well as balcony appearance and this has converted into huge product demand. Need for producing eco-friendly products due to renewable energy trends across globe will kindle outdoor furniture market development over upcoming years. Profitability of outdoor furniture market can be attributed to surge in spending capacity of consumers along with high focus of manufacturers on producing outdoor furniture for beach resorts and restaurants as well as motels. Furthermore, rise in consumer spending on leisure activities will culminate into humungous growth of outdoor furniture industry.  

According to Zion market research report, the global Outdoor Furniture Market accrued earnings worth approximately 15.3 (USD Billion) in 2020 and is predicted to gain revenue of about 25.1(USD Billion) by 2028, is set to record a CAGR of nearly 6.1% over the period from 2021 to 2028.

North America will contribute lucratively towards the global market value over the estimated timeline. The regional market surge is subject to increase in customer trend towards furniture with new features. In addition to this, surge in number of offices with gardens to improve working conditions in office space and increase in recreational units will reinforce market landscape in the region. Apart from this, smart home concept has become a buzzword for people in countries such as Canada and the U.S. and this is likely to pave a way for growth of outdoor furniture market in North America over years to come. High inclination of End-Userrs on purchase of compact size houses has culminated into massive focus of furniture manufacturers on producing furniture with manifold features for these households. This, in turn, is predicted to contribute significantly towards regional market earnings in upcoming years.

The key market participants include Brown Jordan, Dedon, Royal Botania NV, Unopiu, Amisco, Ace Hardware, Haworth, Inc., Steelcase, Williams-Sonoma, Inc., Herman Miller, Inc., Ashley CABANACOAST, Molteni & C., Dorel Industries, Furniture Industries, Knoll, Inc., Sun Garden GmbH, The Home Depot, Inc., Patio Furniture Industries, Inc., IKEA, Tuuci, B&B Italia SpA, Century Furniture, Roda Srl, Forever Patio, and Hartman UK.

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