Outdoor Furniture Market Introduction 

The outdoor furniture market refers to the segment of the furniture industry that produces furniture items designed for outdoor use. This includes furniture for patios, decks, balconies, gardens, and other outdoor spaces. Outdoor furniture is designed to be durable, weather-resistant, and comfortable, and is often made from materials such as metal, wood, plastic, or wicker.The outdoor furniture market has grown in recent years due to the increasing popularity of outdoor living spaces and the trend towards creating stylish and functional outdoor areas for relaxation and entertainment. Outdoor furniture products range from chairs, tables, and lounges to umbrellas, swings, and hammocks. In addition to traditional outdoor furniture, there is also a growing market for high-tech outdoor furniture products such as solar-powered outdoor lighting, heating, and sound systems.The outdoor furniture market is highly competitive, with many key players operating in the market. Manufacturers and retailers of outdoor furniture include large global brands as well as small and local businesses. The market is also influenced by changing consumer preferences, evolving fashion trends, and shifting lifestyles, which have led to the emergence of new product designs and materials.Overall, the outdoor furniture market is expected to continue to grow in the coming years, driven by factors such as rising consumer spending on home improvement and outdoor living, the growing popularity of outdoor entertaining, and the increasing availability of high-quality, stylish outdoor furniture products.

Outdoor Furniture Market Size

The global outdoor furniture market size was valued at USD 16.8 billion in 2020 and is expected to reach USD 23.7 billion by 2028, growing at a compound annual growth rate (CAGR) of 4.3% during the forecast period from 2021 to 2028.The market growth is mainly attributed to the increasing popularity of outdoor living spaces and the trend towards creating stylish and functional outdoor areas for relaxation and entertainment. Additionally, rising consumer spending on home improvement and outdoor living is expected to fuel the demand for outdoor furniture products.The COVID-19 pandemic has also impacted the outdoor furniture market, as more people are spending time at home and investing in their outdoor spaces for relaxation and entertainment. The pandemic has led to an increased demand for outdoor furniture products, including patio sets, outdoor seating, and dining sets, as people are looking for ways to create comfortable and inviting outdoor areas for themselves and their families.Geographically, North America is the largest market for outdoor furniture, followed by Europe and the Asia Pacific. The Asia Pacific region is expected to witness the fastest growth during the forecast period, mainly due to the increasing demand for outdoor furniture in countries such as China and India, driven by rising urbanization, a growing middle class, and increasing disposable income.

Outdoor Furniture Market Share

The global outdoor furniture market is highly competitive and fragmented, with a large number of players operating in the market. Some of the key players in the market include:

Brown Jordan International

Century Furniture LLC

Forever Patio

Agio International Company Ltd.

Barbeques Galore

Crate & Barrel

Dedon GmbH

Home Depot Inc.

Inter Ikea Systems B.V.

Keter Plastic Ltd.

Lloyd Flanders Industries, Inc.

Lowe's Companies Inc.

Polywood Inc.

Royal Botania NV

Tuuci Inc.

Treasure Garden Inc.

Winston Furniture Company Inc.

The market share of these companies varies depending on the region and the product category. Some companies specialize in high-end outdoor furniture products, while others offer more affordable options for mass-market consumers. The market share is also influenced by factors such as product quality, design, and customer service.Geographically, North America is the largest market for outdoor furniture, accounting for a significant share of the global market. Europe and the Asia Pacific also account for a considerable share of the market, with growing demand in emerging economies such as China, India, and Brazil.Overall, the outdoor furniture market is highly competitive, with many key players operating in the market. The market share of these companies varies depending on the product category, region, and other factors.

Outdoor Furniture Market Trends

The global outdoor furniture market is constantly evolving, with new trends emerging in response to changing consumer preferences and technological advancements. Some of the key trends in the outdoor furniture market include:

Sustainable and eco-friendly materials: Consumers are increasingly demanding outdoor furniture made from sustainable and eco-friendly materials such as recycled plastic, bamboo, and teak. Sustainable materials not only help to reduce the environmental impact of outdoor furniture production but also offer long-term durability and resistance to weather and other outdoor elements.

Modular and multi-functional designs: Modular and multi-functional outdoor furniture is becoming increasingly popular, allowing consumers to customize their outdoor living spaces to suit their needs. Modular furniture can be easily reconfigured to create different seating arrangements, while multi-functional furniture can serve multiple purposes, such as acting as both a table and a storage unit.

Smart and connected furniture: High-tech outdoor furniture products, such as solar-powered lighting and heating systems, are gaining popularity. Smart furniture with built-in sensors and connectivity features is also becoming increasingly popular, allowing consumers to control their outdoor furniture using their smartphones or other devices.

Natural and organic designs: Natural and organic designs, featuring materials such as wood, stone, and rattan, are also becoming increasingly popular. These designs offer a rustic and natural feel to outdoor living spaces, and are often paired with plants and other natural elements to create a relaxing and inviting atmosphere.

Outdoor kitchens and dining areas: The trend towards outdoor entertaining has led to an increased demand for outdoor kitchens and dining areas. Outdoor kitchens, featuring appliances such as grills and refrigerators, allow consumers to cook and entertain outdoors, while dining sets and outdoor bars provide a comfortable and stylish space for outdoor dining and socializing.

Overall, the outdoor furniture market is evolving in response to changing consumer preferences and technological advancements. Sustainable and eco-friendly materials, modular and multi-functional designs, smart and connected furniture, natural and organic designs, and outdoor kitchens and dining areas are all key trends shaping the market.

Outdoor Furniture Market Driving factors

The global outdoor furniture market is driven by several factors, including:

Growing demand for outdoor living spaces: The trend towards outdoor living and entertaining is one of the major drivers of the outdoor furniture market. Consumers are increasingly looking to create comfortable and stylish outdoor living spaces, which has led to a growing demand for outdoor furniture.

Increasing disposable incomes: Rising disposable incomes in emerging economies such as China and India have led to an increase in consumer spending on outdoor furniture. As consumers have more disposable income, they are willing to invest in higher quality, more durable outdoor furniture.

Expansion of the hospitality industry: The hospitality industry is a major driver of the outdoor furniture market, with hotels, resorts, and restaurants investing in high-quality outdoor furniture to create inviting and comfortable outdoor spaces for their guests.

Technological advancements: Advances in technology, such as the development of smart and connected outdoor furniture, are driving the outdoor furniture market. These products offer greater convenience and functionality, as well as energy-saving and environmentally-friendly features.

Growing awareness of sustainability: Consumers are increasingly concerned about the environmental impact of their purchasing decisions, leading to a growing demand for sustainable and eco-friendly outdoor furniture. This has led to an increase in the production and availability of outdoor furniture made from sustainable materials such as recycled plastic and bamboo.

Overall, the outdoor furniture market is driven by a combination of factors, including the trend towards outdoor living and entertaining, rising disposable incomes, the expansion of the hospitality industry, technological advancements, and growing awareness of sustainability.

Outdoor Furniture Market Regional Analysis

The outdoor furniture market is a global market, with key regional markets including North America, Europe, Asia Pacific, and Latin America. Here is a brief regional analysis of the outdoor furniture market:

North America: The North American market is one of the largest for outdoor furniture, driven by the growing trend towards outdoor living and entertaining. The United States is the largest market for outdoor furniture in North America, with consumers investing in high-quality outdoor furniture for their homes and properties.

Europe: Europe is another major market for outdoor furniture, driven by a strong demand for high-quality and stylish outdoor furniture in countries such as the United Kingdom, Germany, and France. The market is also driven by the expansion of the hospitality industry, with hotels and resorts investing in outdoor furniture to create inviting and comfortable outdoor spaces for their guests.

Asia Pacific: The Asia Pacific market is a rapidly growing market for outdoor furniture, driven by rising disposable incomes in countries such as China and India. Consumers in these countries are increasingly investing in high-quality and durable outdoor furniture for their homes and properties, while the expansion of the hospitality industry is also driving demand for outdoor furniture.

Latin America: The Latin American market is a smaller market for outdoor furniture, but is expected to see strong growth in the coming years. The market is driven by a growing demand for outdoor furniture in countries such as Brazil and Mexico, as well as the expansion of the hospitality industry.

Overall, the outdoor furniture market is a global market, with key regional markets in North America, Europe, Asia Pacific, and Latin America. The market is driven by a combination of factors, including the trend towards outdoor living and entertaining, rising disposable incomes, the expansion of the hospitality industry, and growing awareness of sustainability.

Outdoor Furniture Market Forecasts 2030 

The global outdoor furniture market is expected to continue to grow in the coming years, with forecasts suggesting that it will reach a value of $23.7 billion by 2030. The market is expected to see a CAGR of 5.8% during the forecast period (2021-2030).The Asia Pacific region is expected to see the strongest growth in the outdoor furniture market, driven by rising disposable incomes in countries such as China and India. The market is also expected to see strong growth in North America and Europe, driven by the trend towards outdoor living and entertaining, and the expansion of the hospitality industry.In terms of product type, the outdoor furniture market is expected to see strong growth in the chairs and tables segment, as consumers invest in comfortable and stylish outdoor seating and dining options. The market is also expected to see strong growth in the outdoor lighting and heating segment, as consumers seek to extend their outdoor living season and create inviting outdoor spaces.

Overall, the outdoor furniture market is expected to continue to see strong growth in the coming years, driven by a combination of factors, including the trend towards outdoor living and entertaining, rising disposable incomes, the expansion of the hospitality industry, and growing awareness of sustainability.

Outdoor Furniture Market Key Industry Players

The global outdoor furniture market is highly competitive, with a number of key industry players operating in the market. Here are some of the leading outdoor furniture companies:

Brown Jordan: Brown Jordan is a leading designer and manufacturer of luxury outdoor furniture. The company offers a wide range of products, including chairs, tables, sofas, and accessories, and is known for its high-quality materials and attention to detail.

Agio International: Agio International is a leading manufacturer of outdoor furniture, offering a wide range of products, including chairs, tables, and accessories. The company is known for its innovative designs and use of high-quality materials, such as aluminum and wicker.

Keter: Keter is a leading manufacturer of plastic outdoor furniture, offering a wide range of products, including chairs, tables, and storage solutions. The company is known for its durability and low-maintenance products, which are popular with consumers around the world.

Tropitone Furniture: Tropitone Furniture is a leading manufacturer of outdoor furniture, offering a wide range of products, including chairs, tables, and lounges. The company is known for its stylish designs and use of high-quality materials, such as aluminum and wicker.

Winston Furniture: Winston Furniture is a leading manufacturer of outdoor furniture, offering a wide range of products, including chairs, tables, and lounges. The company is known for its traditional designs and use of high-quality materials, such as wrought iron and cast aluminum.

Other notable outdoor furniture companies include Dedon, Gloster, Barlow Tyrie, and B&B Italia Outdoor.