Outdoor Garden Furniture Market: Future Forecast Indicates Impressive Growth
Posted by Arslan on June 25th, 2019
As per the current market trends and the promising nature of the outdoor garden furniture market, it can be estimated that the future holds positive outcomes. In order to provide a deep insight about the concerned market, FACTMR would be publishing a resourceful analysis that will enclose knowledge about the regional outdoor garden furniture market size, revenue and opportunity status. Readers will be offered the privilege to decode various facets of the market during 2017-2026, together with the active access to secondary and primary research methodology. Furthermore, various segments of the market associated to product, application, end-user etc., would also be present in this intelligent research report.
Outdoor garden furniture manufacturers are focusing on offering attractive designs, functionality, advanced features to fulfill the need of consumer for comfort and convenience. Moreover, the demand for eco-friendly outdoor furniture is also rising. Hence, manufacturers are adopting more eco-friendly production methods, materials for developing outdoor furniture that can be used in garden. Along with this, the demand for outdoor furniture with multifunctional features is also increasing. For instance, ottomans that serve as both side tables and seats are gaining traction in the market.
According to the latest study by FactMR, the global market for outdoor garden furniture is expected to experience strong growth in terms of value. While the market in terms of volume is projected to register 5.7% CAGR between 2017 and 2026. The global market for outdoor garden furniture is also projected to bring in US$ 7,898.9 million revenue by 2026 end.
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.
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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.
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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About the AuthorArslan
Joined: December 18th, 2017
Articles Posted: 13,297
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