Outdoor Garden Furniture Market Projected to Augment at a Notable CAGR during the Forecast Period un
The global market for outdoor garden furniture is also projected to bring in US$ 7,898.9 million revenue by 2026 end.
[ClickPress, Mon Dec 03 2018] As per the report by Fact.MR, the global outdoor garden furniture market is likely to witness significant growth. During 2017-2026, the market is estimated to increase at a CAGR of 6.4% in terms of value. While on basis of volume, the global outdoor garden furniture market is estimated to reach 14,622 thousand units towards the end of 2026. Following are the insights on how the global market will perform in the coming years.
Seating Sets- Top-Selling Outdoor Garden Furniture Product
In terms of value, seating sets are likely to emerge as the top-selling outdoor garden furniture product. By 2026 end, seating sets are projected to reach nearly US$ 3,700 million revenue. Meanwhile, in terms of volume, chairs are likely to account for the highest growth. Increasing number of people prefer the same type of comfort as offered by indoor furniture in their outdoor garden setting. Hence, the demand for seating sets is increasing in the outdoor garden furniture.
Wood to Emerge as the Highly Preferred Material in Outdoor Garden Furniture
Wood is likely to emerge as one of the highly preferred materials in the production of outdoor furniture. Towards 2026 end, wood as the material for outdoor garden furniture is projected to reach close to US$ 3,000 million revenue. Wood is one of the popular material choices in outdoor garden furniture as it is eco-friendly material, it is strong, and also has aesthetic appeal.
6 Forecast Highlights on Global Outdoor Garden Furniture Market
- North America is expected to be the largest region in the global outdoor garden furniture market. Presence of well-established players in the U.S. is driving the market growth in the region. Also, the rising demand for outdoor cooking equipment such as grill is contributing to the growth of outdoor garden furniture market.
- Europe is also likely to witness significant growth during 2017-2026. Consumers are increasingly using garden space for recreational activities. Consumers are looking for climate-proof, low maintenance, and easy-to-clean furniture.
- Seating sets are expected to witness robust growth as a product in outdoor furniture for garden in terms of value. Seating sets are estimated to bring in more than US$ 3,600 million revenue towards the end of 2026.
- Wood as a material is expected to witness the highest growth during the forecast period. By the end of 2026, outdoor furniture for garden made out of wood is estimated to surpass US$ 2,900 million revenue.
- Outdoor garden furniture for leisure and decoration is anticipated to gain the highest traction in the market. Application of outdoor furniture for garden as a part leisure and decoration is expected to bring in over US$ 3,400 million in terms of value by the end of 2026.
- Independent furniture store is expected to be the largest seller of outdoor garden furniture. Towards the end of 2026, independent furniture store as sales channel is estimated to surpass US$ 2,500 million revenue.
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The report also offers information on the key companies in the global market for outdoor garden furniture, which will remain operative through 2026. These include companies such as Herman Miller Inc., Inter Ikea Systems B.V., Trex Company, Inc., Steelcase Inc., Kimball International, Inc., Keter Plastic Ltd, Brown Jordan International, Inc., Barbeques Galore (Aust) Pty Limited, Century Furniture LLC, Flanders Industries, Inc., Agio International Co., Inc., DEDON GmbH, Tuuci, Inc., EMU Group S.p.A, Royal Botania NV, Homecrest Outdoor Living, LLC, Hartman Outdoor Products BV, Kettal Group, Sitra Holdings (International) Ltd, Treasure Garden Inc., Fischer Mobel GmbH, Winston Furniture Company, Inc., Gloster Furniture Limited, Adams Manufacturing Company, and Vixen Hill Manufacturing Company Inc.
Outdoor Garden Furniture to find Largest Application in Leisure and Decoration
Outdoor garden furniture is likely to find the largest application in leisure and decoration. Outdoor garden furniture for leisure and decoration is projected to exceed US$ 3,400 million revenue by 2026 end. The outdoor garden area is usually set aside for recreation. Hence, to make it more comfortable and offer a relaxing environment, people are adding a piece of furniture that provides utmost comfort along with unique designs.
Outdoor Garden Furniture to Witness Highest Sales through Independent Furniture Store
Outdoor garden furniture are likely to witness the highest sales through an independent furniture store. By 2026 end, in terms of volume, more than 5,000 thousand units of outdoor garden furniture are projected to be sold through an independent furniture store. Independent furniture stores offer a variety of outdoor furniture at various price and also provide offers and discounts. Hence, the sales of outdoor furniture through an independent furniture store is the highest.
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Table of Content:
- Global Economic Outlook
- Global Outdoor Garden Furniture Market - Executive Summary
- Global Outdoor Garden Furniture Market Overview
3.1.1. Global Outdoor Garden Furniture Market Taxonomy
3.1.2. Global Outdoor Garden Furniture Market Definition
3.2. Global Outdoor Garden Furniture Market Size (US$ Mn) and Forecast, 2012-2026
3.2.1. Global Outdoor Garden Furniture Market Y-o-Y Growth
3.3. Global Outdoor Garden Furniture Market Dynamics
3.4. Supply Chain
3.5. Parent Market Overview – Furniture Market
3.5.1. World furniture production, top 10 producing countries (US$ million and percentage share)
3.5.2. World furniture trade, top 10 exporting countries (US$ million)
3.5.3. World furniture trade, top 10 importing countries (US$ million)
3.5.4. Worldwide Furniture Production and Consumption Balance
3.5.5. Per capita furniture consumption in high income countries and middle and low income countries
3.6. Competitiveness indicators for Furniture Production Industry
3.7. Furniture Market Scenario in different regions
3.7.1. Furniture Sector in China
3.7.2. Furniture Sector in Brazil
3.7.3. Furniture Sector in Canada & United States
3.7.4. Furniture Sector in India
3.7.5. Furniture Sector in Japan
3.8. E-commerce distribution channel overview
3.9. Technology Roadmap
3.10. PESTL Analysis
3.11. Product Lifecycle
3.12. List of Distributors
3.13. Key Participants Market Presence (Intensity Map) By Region
- Global Outdoor Garden Furniture Market Analysis and Forecast 2012-2026
4.1. Global Outdoor Garden Furniture Market Size and Forecast By Product Type, 2012-2026
4.1.1. Tables Market Size and Forecast, 2012-2026
220.127.116.11. Revenue (US$ Mn) Comparison, By Region
18.104.22.168. Market Share Comparison, By Region
The report provides profiles of the major companies that are expected to remain active in the expansion of global outdoor garden furniture market through 2026, which include Inter Ikea Systems B.V., Herman Miller Inc., Trex Company, Inc., Kimball International, Inc., Steelcase Inc., Keter Plastic Ltd, Barbeques Galore (Aust) Pty Limited, Brown Jordan International, Inc., Century Furniture LLC, Agio International Co., Inc., Flanders Industries, Inc., DEDON GmbH, EMU Group S.p.A, Tuuci, Inc., Royal Botania NV, Hartman Outdoor Products BV, Homecrest Outdoor Living, LLC, Kettal Group, Treasure Garden Inc., Sitra Holdings (International) Ltd, Fischer Mobel GmbH, Gloster Furniture Limited, Winston Furniture Company, Inc., Vixen Hill Manufacturing Company Inc., and Adams Manufacturing Company.
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