Outdoor Furniture Market 2020 - Recent Trends and Development Factors to 2024
Category: #headlines  By Rahul Varpe  Date: 2020-06-25
  • share
  • Twitter
  • Facebook
  • LinkedIn
Outdoor Furniture Market 2020 - Recent Trends and Development Factors to 2024

The construction industry growth accompanied by improved consumer spending is the key factor, which is projected to boost the outdoor furniture market growth over the forecast period. Increasing number of homeowners worldwide primarily augmenting demand for outdoor furniture products. Attractive garden designing showcase improved compatibility to match up aesthetic items with lounges, chairs, tables, and other accessories to enhance garden spaces propelling market penetration.

Improved consumer spending and traveling trends resulted in an increased number of tourists across the world. These trends are mainly observed coastal area, beach, hotels, resorts, cafes, lounges restaurants and bars boosting industry expansion. Decorative lounge chairs, upholstery products, and table are the key revenue-generating products in the outdoor furniture market.

Request for a sample copy of this report @ https://www.decresearch.com/request-sample/detail/3025            

Residential segment is expected to witness a CAGR over 4% up to 2024. Surging demand for garden spaces in the residential sector owing to rapid urbanization in the countries is fueled outdoor furniture market growth. The growing trend of socializing and get-togethers among people of all ages are fueling the demand for garden and outer furniture products in the residential sector.

The changing consumer preferences towards the requirement for residential private houses and commercial building are primarily driving attractive garden furniture market. Increasing consumer attention toward enhancing outdoor spaces to create comfortable and appealing designs of the garden, the balcony, outside porches is influencing outdoor furniture market growth.

Traditional residential building along with new constructions boosting the demand for the outer furniture including chairs, table, lounges, and combination sets strongly supporting outdoor furniture market growth. Additionally, European countries are among the largest traveling & tourism destinations in the countries owing to the improved consumer spending in the region.

Outdoor Furniture Market Growth Drivers: -

  1. Rapid expansion of product portfolio & distribution network
  2. Socialization accompanied by increasing consumer spending on leisure & experiences

Browse full table of contents (TOC) of this report @ https://www.decresearch.com/toc/detail/outdoor-furniture-market

Textiles are expected to grow at the fastest pace from 2018 to 2024. Fabrics are among key exterior elements to improve the comfort and aesthetics of the furniture. PVC, Acrylic fiber, olefin fiber, and polyester fabric is widely used in product making. Modern designs including numerous patterns bold color shades, textures, and designs enhance compatibility with the architectural theme for the outer spaces.

Asia Pacific outdoor furniture market is projected to grow at the fastest pace from 2018 to 2024. The region is among the key emerging economies and witnessing modern trends for enchaining outer garden and outer spaces, especially in China, Japan, South Korea Malaysia, and Indonesia. Rapid urbanization and new construction in urban cities is mainly boosting the market share for outdoor furniture products across the region.

Global outdoor furniture market share is competitive owing to the presence of key players, including: -

Ace Hardware, Century Furniture, Forever Patio, Dedon, EMU Group S.p.A., Haworth, Inc., Roda Srl, Sun Garden GmbH, The Home Depot, Inc., Unopiu, Hartman UK, IKEA, Plaisir Du Jardin, Ltd., Royal Botania NV, Outdoor's India, Patio Furniture Industries, Inc., Treasure Garden, Inc., Homecrest Outdoor Living, Yotrio Corporation, Trex Company, Sunset West, Brown Jordan, Hospitality Rattan, Zuo Modern, Alfresco Home, Keter Plastic, Tuuci, Lloyd Flanders Industries Inc., Woodard, Formica Limited, Danzer Group, Klausner Group, Mijatovic Ltd, Ark Furniture Wholesale, Maze Rattan Wholesale Garden Furniture, JAF, LLC YWOOD, Solgarve, Fischer Mobel GmbH, DEDON GmbH, Gloster, Kettal, Shouguang Bailing Wood Industry Co. Ltd., Linyi Haisen Wood Co. Ltd., Shouguang Sunrise Industry Co. Ltd., Linya Group, Mr'Dream, Jayaraj International Private, OPM International Pvt. Ltd., Barbeques Galore Pty Limited, Western Timber Traders, Artie Hospitality, Inc., Agio International Company Limited, Hillwood Traders, Silver Toss Industries Pvt. Ltd.

 

 

  • share
  • Twitter
  • Facebook
  • LinkedIn

About Author

Rahul Varpe

Rahul Varpe    

Rahul Varpe currently writes for Technology Magazine. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products ...

Read More >>

More News By Rahul Varpe

Asia Pacific Extruded MS Polymer Market Highlighting Major Drivers & Trends, Forecast 2020-2025
Asia Pacific Extruded MS Polymer Market Highlighting Major Drivers & Trends, Forecast 2020-2025
By Rahul Varpe

Dec Research declares the publication of its latest research report, with the title ‘Global Asia Pacific Extruded MS Polymer Market’. This report sheds light on the analysis of the industry challenges, growth opportunities, industry threa...

Additive Manufacturing with Metal Powders Market 2020: Research Methodology, Top Manufactures and Market Size Estimate 2026
Additive Manufacturing with Metal Powders Market 2020: Research Methodology, Top Manufactures and Market Size Estimate 2026
By Rahul Varpe

Dec Research declares the publication of its latest research report, with the title ‘Global Additive Manufacturing with Metal Powders Market’. This report sheds light on the analysis of the industry challenges, growth opportunities, indus...

Stand-Up Pouch Valves Market Analysis And Demand With Forecast Overview To 2024
Stand-Up Pouch Valves Market Analysis And Demand With Forecast Overview To 2024
By Rahul Varpe

Most participants in stand-up pouch valves market are looking forward to investing in advanced and efficient machine solutions. In fact, several packaging producers have already installed machine-based packaging facilities in order to fulfill the gro...