Outdoor Furniture Market Analysis

Global Outdoor Furniture Market Overview

Outdoor Furniture Market Size was valued at USD 18.4 billion in 2023. The outdoor furniture industry is projected to grow from USD 19.5 billion in 2024 to USD 29.32 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 6.00% during the forecast period (2024 - 2032). The rising purchasing power of consumers and the increase in the demand for hotels, public gardens, and open spaces, along with resorts for comfort and convenience, are the key market drivers enhancing the market growth.

Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review

Outdoor furniture Market Trends

• Rising disposable income to boost the market growth

Consumer demand for outdoor furniture in the residential sector is increasing as disposable income rises. Several homeowners are attempting to improve the appearance of their gardens and balconies by adding inviting lounging places. Furthermore, the choice of furniture is greatly influenced by outside environmental conditions. When choosing outdoor furniture, crucial elements to consider include weather resilience, bug resistance, excellent tensile strength, and crack-proof properties. Furthermore, restaurants and cafés across the world are providing outside dining options. According to a National Restaurant Association poll done in September 2021, 65% of surveyed restaurant operators in the United States began offering on-premises outside dining in places such as decks, walkways, or patios.

Online distribution channels are now playing an essential part in the retail and furniture industries' growth. Online channels provide a varied range of brands at affordable rates, attracting a larger client base and supporting outdoor furniture industry growth. For example, IKEA, a large furniture manufacturer, reported that its official website received over 2.1 billion visitors in 2016 and served as an essential marketing and sales platform for the company. Furthermore, as a result of fast digitalization, expanding mobile usage, and enhanced internet access, businesses are gradually shifting away from traditional brick-and-mortar transactions and toward e-commerce websites.

The fast-paced urban lifestyle and rising financial capacity of the populace have enabled them to spend money on recreational activities such as dining at rooftop bars and kitchens. The rising desire for comfortable dining has created several opportunities for hotels and restaurants to invest in rooftop dining spaces. Such items have a cozy appearance and can be utilized for open-air dining on rooftops of restaurants and hotels, which has influenced the consumption of dining chairs and tables for outside seating. Furthermore, the common areas contain plenty of chairs, increasing the consumer serving capacity. Therefore, the fast-paced urban lifestyle and rising financial capacity of the populace have enhanced the outdoor furniture market CAGR across the globe in recent years.

However, to cater to the demand, there have been significant advances in the furniture market. For instance, there have been a number of introductions in the type of furniture is another factor driving the growth of the outdoor furniture market revenue.October 2023:Sustainability became a prominent focus, with consumers increasingly seeking eco-friendly outdoor furniture made from recycled materials or with a smaller environmental footprint. Manufacturers responded by introducing new product lines made from sustainable materials like bamboo and reclaimed wood

June 2023

An outdoor furniture set created in partnership with the Italian brand De Padova features stripes that have become synonymous with British designer Paul Smith. The Paul Smith + De Padova Everyday Life collection's foundation is built upon the release of the outdoor furniture line last year.

The initial release, which featured outdoor furniture constructed with outdoor textiles and iroko wood frames as well as sofas, poufs, and armchairs, coffee tables, and leather accessories for the living room, has been expanded to include these items. The line has also expanded to include a modular sofa that was created for indoor use and can be constructed and configured in a variety of designs.

The new outdoor upholstery pieces share the same strap features and contrast stitching with the indoor pieces, but they are constructed of ethyl vinyl acetate (EVA) rather than leather. They also have a clean-lined design like the indoor pieces.

Outdoor Furniture Market Segment Insights

Outdoor Furniture Material Insights

The outdoor furniture market segmentation, based on material type, includes metal, plastic, wood, textile, and others. The wood segment held the majority share in 2021, a contribution of around ~65-67% with respect to the market outdoor furniture revenue. The segment is expected to stay dominant during the projection period. The increased popularity of wood furniture is attributed to its advantages, such as durability, improved comfort, and aesthetic appeal. Wood is one of the most commonly utilized raw materials in the production of furniture around the world. Furthermore, wooden outdoor furniture is lightweight, robust, and has an appealing, natural appearance, making it an ideal material for producing outdoor furniture. Over the projected period, the metal segment is expected to grow at the fastest rate. The strong and robust material features of the company have contributed to its quick expansion.

Outdoor Furniture Product Type Insights

The outdoor furniture market segmentation, based on product type, includes chairs, tables, seating sets, dining sets, and others. Because of the increasing frequency of distant working situations, which need more consumption of tables across families, the tables segment is predicted to rise steadily and maintain a significant position. The tables are available in tiny sizes, allowing users to work from common locations such as terraces and balconies by placing their gadgets, boosting table segmental growth. They are portable and large enough to carry multiple goods for outdoor tasks. Tables of various forms and sizes are becoming increasingly popular among residents and homes, propelling the segmental expansion of tables. However, due to its broad use in home and business locations, the chair category is expected to increase significantly. Hence, the rise in distant working situations positively impacts market growth.

Outdoor Furniture End-user Insights

The outdoor furniture market data has been bifurcated by end user into Residential and Commercial. In 2021, the residential segment was responsible for the maximum market share. Population increase, rising per capita income, westernization, and evolving lifestyles are significant factors driving the residential segment. Furthermore, customer focus is shifting to improving outdoor areas to generate more aesthetically beautiful and comfortable designs, which is contributing significantly to industry growth. Rising income levels are driving up product sales in both residential and non-residential settings in many countries. The growing demand for outdoor seating and other accessories will boost the outdoor furniture Industry revenue.

Outdoor Furniture Regional Insights

By region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The North American, Outdoor furniture market accounted for USD 8.42 billion in 2021 and is expected to exhibit a significant CAGR growth during the study period owing to the growing trend of family dinners and gatherings at home.

Further, the major countries studied in the market report are The U.S., Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 3: OUTDOOR FURNITURE MARKET SHARE BY REGION 2021 (%)Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review

Europe's outdoor furniture market accounts for the second-largest market share due to the rising interest in creating and maintaining front yard and backyard gardens not only to enhance the aesthetics of the homes but also to entertain guests. Further, the German outdoor furniture market held the largest market share, and the UK outdoor furniture Industry was the fastest-growing market in the European region.

The Asia-Pacific Outdoor Furniture Market is expected to grow at the fastest CAGR from 2022 to 2030. This is due to an increase in international tourism in nations such as China, Malaysia, South Korea, Singapore, and India. With increased visitor activity, sales of outdoor furniture are increasing, assisting in expanding the commercial segment's market share in the region. Moreover, China's market outdoor furniture  held the largest market share, and the Indian outdoor furniture market was the fastest-growing market in the Asia-Pacific region.

As an example, the growing demand for garden stools in Europe is driving up imports of such items. According to CBI Ministry of Foreign Affairs estimates, overall imports of exterior fittings and fitments in the region climbed from USD 523.87 million in 2014 to USD 621 million in 2018.

Outdoor furniture Key Market Players & Competitive Insights

Major market players are spending a lot of money on R&D to increase their product lines, which will help the outdoor furniture market grow even more. Market participants are also taking a range of strategic initiatives to grow their worldwide footprint, with key market developments such as new product launches, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations. Competitors in the outdoor furniture industry must offer cost-effective items to expand and survive in an increasingly competitive and rising market environment.

One of the primary business strategies adopted by manufacturers in the outdoor furniture industry to benefit clients and expand the market sector is to manufacture locally to reduce operating costs. In recent years, the outdoor furniture industry has provided medicine with some of the most significant benefits. The outdoor furniture market major player such as AGIO International Company LTD, Brown Jordan International, Century Furniture LLC, Inter IKEA Systems B.V., Kimball International Inc., EMU Group S.P.A., DEDON The Home Depot Inc. and others are working on expanding the market demand by investing in research and development activities.

IKEA is a Swedish multinational business headquartered in the Netherlands that manufactures and distributes ready-to-assemble furniture, kitchen appliances, decorations, home accessories, and a variety of other items and services. IKEA, founded by Ingvar Kamprad in 1943, has been the world's largest furniture retailer since 2008. For example, IKEA, a large furniture manufacturer, reported that its official website received over 2.1 billion visitors in 2016 and served as an essential marketing and sales platform for the company. Furthermore, as a result of fast digitalization, expanding mobile usage, and enhanced internet access, businesses are gradually shifting away from traditional brick-and-mortar transactions and toward e-commerce websites.

Keter Group, originally Keter Plastic, is an Israeli manufacturer and marketer of resin-based consumer products for the home and garden. The company, founded in 1948, runs 29 plants in Israel, Luxembourg, Europe, Canada, and the United States, as well as a retail chain throughout Israel. Keter goods are sold all over the world. In April 2021, Keter announced a collaboration with UBQ Materials, an Israeli thermoplastic material manufacturer, to launch numerous product lines for sustainable garden items. This collaboration will assist UBQ Materials in meeting its objective of being environmentally friendly by integrating 55% recycled content in its products.

List of the Key Companies in the outdoor furniture market include

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  AGIO International Company LTD

  
  


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  Brown Jordan International

  
  


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  Century Furniture LLC

  
  


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  Inter IKEA Systems B.V.

  
  


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  Kimball International Inc.

  
  


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  EMU Group S.P.A.

  
  


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  DEDON The Home Depot Inc.

  
  


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  Haworth Inc.

  
  


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  UNOPIU Hartman UK

  
  


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  PLAISIR Du JARDIN Ltd.

  
  


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  IKEA

  
  


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  Royal BOTANIA NV

  
  

October 2019: To increase its retail network and secure its upholstery capabilities in the United States, upholstery producer Gabriella White LLC purchased Stanford Furniture Corp. of North Carolina.

January 2021: Kimball International established Interwoven, a furniture brand that focuses on the needs of the customer. Interwoven has joined Kimball International's health business segment to provide a diverse selection of furnishings for all types of health environments, including lounge chairs, modular casework, and recliners.

February 2023: A high-end outdoor furniture line has been introduced by Vetra, a well-known manufacturer of outdoor furniture products. The launch will assist the business in growing both its customer base and the depth of its product offering.

May 2023: In a Nordic-inspired indoor garden installation at the London store, Fritz Hansen will introduce its first line of outdoor furniture, Skagerak by Fritz Hansen, during this year's Clerkenwell Design Week.

Clerkenwell Design Week 2023 is gearing up to exhibit the best that the design community has to offer with imaginative installations, a varied speaking program, and showrooms coming together to celebrate the power and language of design. Getting heard over the din as shops and businesses debut new collections using the event as a launchpad.

This year, Fritz Hansen will launch its first outdoor furniture collection, Skagerak by Fritz Hansen, with an immersive installation at the brand’s London showroom. As a backdrop to the launch – the creative installation will tell the story of sustainability and lasting design, through beautiful and classic outdoor furniture.

One of the designs is the Banco Bench, which Hugo Passos and the design team collaborated on. It is constructed of teak that has been sourced sustainably and comes in single- or double-facing forms. The revised version, which was originally intended as a one-of-a-kind work for the 2019 Social Seating exhibition in Finland, is more appropriate for manufacturing while yet maintaining the same beauty that stems from the straightforward idea of designing furniture to improve one's perception of nature. The backrest on the double-facing bench allows people to sit in any direction because it is both expressive and functionally contoured to fit the curvature of the back.

Outdoor furniture Market Segmentation

Outdoor furniture Material Outlook

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  Metal

  
  


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  Plastic

  
  


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  Wood

  
  


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  Textile

  
  


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  Others

  
  

Outdoor furniture Product Type Outlook

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  Chairs

  
  


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  Tables

  
  


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  Seating Sets

  
  


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  Dining Sets

  
  


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  Others

  
  

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  Residential

  
  


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  Commercial

  
  

Outdoor furniture Regional Outlook

• North America
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Russia
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • South Korea
  
  
  • Australia & New Zealand
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Latin America
  
  
  
  • Mexico
  
  
  • Brazil
  
  
  • Argentina
  
  
  • Rest of Latin America
  
  
  
  


• Middle East & Africa
  
  
  
  • Turkey
  
  
  • GCC Countries
  
  
  • South Africa
  
  
  • Rest of the Middle East & Africa