Outdoor Furniture Market to grow USD 8.27 billion through 2024 | Key Drivers, Trends, and Market Forecasts | 17000+ Technavio Research Reports

May 5, 2021

NEW YORK, May 5, 2021 /PRNewswire/ —

The outdoor furniture market is set to grow by USD 8.27 billion, progressing at a CAGR of over 3% during 2020-2024. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.

Download FREE Sample Report

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Ashley Furniture Industries Inc., Barbeques Galore, Berkshire Hathaway Inc., Brown Jordan Inc., Century Furniture LLC, Herman Miller Inc., Home Depot Product Authority LLC, Inter IKEA Systems B.V., Lowe’s Companies Inc., and Williams-Sonoma, Inc are some of the major market participants. The rising demand for patio heating products will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Outdoor Furniture Market 2020-2024: Segmentation

Outdoor Furniture Market is segmented as below:

Product

Outdoor Furniture And Accessories
Outdoor Grills And Accessories
Patio Heating Products

End-user

Residential
Commercial

Distribution channel

Offline
Online

Geographic Landscape

APAC
Europe
North America
MEA
South America.

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR41099

Outdoor Furniture Market 2020-2024: Vendor Analysis and Scope

To help businesses improve their market position, the outdoor furniture market provides a detailed analysis of around 25 vendors operating in the market. Some of these vendors include Ashley Furniture Industries Inc., Barbeques Galore, Berkshire Hathaway Inc., Brown Jordan Inc., Century Furniture LLC, Herman Miller Inc., Home Depot Product Authority LLC, Inter IKEA Systems B.V., Lowe’s Companies Inc., and Williams-Sonoma, Inc.

The report also covers the following areas:

Outdoor Furniture Market size
Outdoor Furniture Market trends
Outdoor Furniture Market industry analysis

The rising demand for patio heating products is likely to emerge as one of the primary drivers of the market. However, a long replacement cycle may threaten the growth of the market.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports. Register for a free trial today and gain instant access to 17,000+ market research reports.

Technavio’s SUBSCRIPTION platform

Backed with competitive intelligence and benchmarking, our research reports on the outdoor furniture market are designed to provide entry support, customer profile & M&As as well as go-to-market strategy support.

Related Reports on Consumer Discretionary Include:

Global Do-It-Yourself Home Improvement Retailing Market- The do-it-yourself home improvement retailing market is segmented by product (lumber and landscape management, tools and hardware, decor and indoor garden, kitchen, and others) and geography (APAC, Europe, MEA, North America, and South America). Download FREE Sample Report

Global Food Delivery Services Market– The food delivery services market is segmented by geography (APAC, North America, Europe, South America, and MEA) and market landscape (order focused and logistics focused). Download FREE Sample Report

Outdoor Furniture Market 2020-2024: Key Highlights

CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will assist outdoor furniture market growth during the next five years
Estimation of the outdoor furniture market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the outdoor furniture market
Analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of outdoor furniture market vendors

Table of Contents:

Executive Summary

Market Overview

Market Landscape

Market ecosystem
Value chain analysis

Market Sizing

Market definition
Market segment analysis
Market size 2019
Market outlook: Forecast for 2019 – 2024

Five Forces Analysis

Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition

Market Segmentation by Product

Market segments
Comparison by Product placement
Outdoor furniture and accessories – Market size and forecast 2019-2024
Outdoor grills and accessories – Market size and forecast 2019-2024
Patio heating products – Market size and forecast 2019-2024
Market opportunity by Product

Market Segmentation by End-user

Market segments
Comparison by End-user placement
Residential – Market size and forecast 2019-2024
Commercial – Market size and forecast 2019-2024
Market opportunity by End-user

Market Segmentation by Distribution channel

Market segments
Comparison by Distribution channel placement
Offline – Market size and forecast 2019-2024
Online – Market size and forecast 2019-2024
Market opportunity by Distribution channel

Customer landscape

Overview

Geographic Landscape

Geographic segmentation
Geographic comparison
North America – Market size and forecast 2019-2024
APAC – Market size and forecast 2019-2024
Europe – Market size and forecast 2019-2024
South America – Market size and forecast 2019-2024
MEA – Market size and forecast 2019-2024
Key leading countries
Market opportunity by geography

Drivers, Challenges, and Trends

Market drivers
Volume driver – Demand led growth
Volume driver – Supply led growth
Volume driver – External factors
Volume driver – Demand shift in adjacent markets
Price driver – Inflation
Price driver – Shift from lower to higher-priced units
Market challenges
Market trends

Vendor Landscape

Overview
Landscape disruption
Vendor Analysis

Vendors covered

Market positioning of vendors
Ashley Furniture Industries, Inc.
Barbeques Galore
Berkshire Hathaway Inc.
Brown Jordan, Inc.
Century Furniture LLC
Herman Miller, Inc.
Home Depot Product Authority LLC
Inter IKEA Systems B.V.
Lowe’s Companies Inc.
Williams-Sonoma, Inc.

Appendix

Scope of the report
Currency conversion rates for US$
Research methodology
List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email: media@technavio.com

Website: www.technavio.com/

Report Page: https://www.technavio.com/report/outdoor-furniture-market-analysis-industry-analysis