Outdoor Garden Furniture Market to reach at USD 7.8 Billion by 2023Posted by Aditi Desai on January 3rd, 2019 Outdoor Garden furniture or patio furniture is a type of furniture that has been designed specifically for outdoor use. As per the reports, outdoor garden furniture market is expected to mask a CAGR of 5.1% by end of the forecast period that is 2023. The continuous CAGR growth points to notable amount of revenue reach of USD 7.8 billion during the anticipated period of 2018-2023. Outdoor garden is decorated by using both natural and man-made material. There are numerous of factors that push the growth of this market. Some include rising disposable income, rapid urbanization and high expenditure of consumers on outdoor space decoration. The hotels and resorts these days maintain their outdoor garden and buy the perfect furniture to attract the customers. We can’t ignore the eco-friendly activities people do to keep nature close to them; this drives a good amount of customers towards outdoor garden furniture. There is a big enhancement in the design and demand of garden furniture, which is also fostering the growth of the market. Outdoor Garden Furniture is one of the fastest growing markets, so the research has been conducted to grab the outdoor garden furniture overview. The research has been conducted to understand the outdoor garden furniture outlook in terms of size, trends, opportunities, challenges and many more. It covers the brief summary about the market, key trends, market size and forecast projections. It will also provide a detail industry analysis and big names associated with it. The market has been segmented into further sub-markets to give a comprehensive analysis of the outdoor garden furniture and it will also the ease the understanding process for the clients. The outdoor Garden Furniture market size has been segmented by product, by material, by sales channel, by price range and by end-user. Moreover it also gives analysis of the geographies covered in the research phase and key competitors that are ruling the market currently. On the basis of product market has been segmented as chair, stools, bench, hammock, sofas, tables and others. Chair has been further split into arm chair, swing chair, relax chair and others. By material it further divided as wood, metal, glass, wicker, rattan and others. By sales channel the market has been sub-segmented as furniture stores, brand outlets and others. By price range it is divided as low price, medium price and high price. End-users are further sub-segmented into commercial and residential. Then report covers the key geographies around the globe such as North America(U.S. & Canada), Europe (Germany, United Kingdom, Italy, Spain, Russia, France and Rest of Europe), Latin America(Brazil, Argentina, Mexico and Rest of Latin America), Middle East & Africa(North Africa, GCC, South Africa and Rest of Middle East & Africa), Asia Pacific (China, India, Japan, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific). These countries are specifically been considered while the research was done. It has been observed that there is an enormous growth opportunity in the Outdoor Garden Furniture Marketspecifically in Asian countries. The booming industrial development in this region is expected to make a significant contribution to the rising revenue of the outdoor garden furniture market. A separate timeline has been considered for a better consideration, 2017 is base year, 2018 is an estimated year and 2019-2023 is considered as forecasted year. Another section of the report speaks of deep competitor analysis, key product launches and their key strategies. It also speaks about the outdoor garden furniture market trends, performance and factors that foster the growth of the market. Research is conducted for understanding the company’s business, revenue breakup, business strategies including both long-term and short-term. It also gives competitor’s product analysis, the good and bad part about it and customer’s review for this. Currently, the key industry players of the outdoor garden furniture market are KEA 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., Other Major & Niche Players. We have also conducted the research to understand the recent news related to acquisition, development, research, expansions have been considered. Moreover, the long and short-term strategies adopted by the competitors have been evacuated from time to time for the better overview of the product and the demand of the Outdoor Garden Furniture Market is estimated in order to have a better vision for the market growth and revenue conversions. Contact Us 150 State Street, 3rd Floor, Albany, New York United States (12207) Telephone: +1-518-300-1215 Email: - sales@kdmarketinsights.com Like it? Share it! More by this author |