Saturday, 27 April 2024
The outdoor furniture market was valued at US$ 17,843.7million in 2018 and is projected to reach US$26,598.5million by 2027; it is expected to grow at a CAGR of 4.5%from 2019 to 2027.
What is Outdoor Furniture?
Outdoor furniture such as chairs, tables, seating sets, dining sets, loungers, daybeds, and hammocks are quite popular among the residential and commercial customers. The outdoor furniture market on a global scale has been witnessing a substantial growth in the recent past. Factors such as a rise in consumer spending and traveling trends have resulted in the rising number of tourists across the world. These factors are mostly observed in tourist spots, beach sides, and hill stations, thereby leading to increased counts of motels, hotels, guest houses, resorts, open spaces, and public gardens. Hence, a growing number of hotels and restaurants are further expected to propel the outdoor furniture market during the forecast period. Moreover, increasing financial capacity of consumers to spend on leisure activities is encouraging consumers to spend a higher amount on outdoor furniture in the residential sector.
The Insight Partners delivers well-researched industry-wide information on the Outdoor Furniture market. It studies the market’s essential aspects such as top participants, expansion strategies, business models, and other market features to gain improved market insights. Additionally, it focuses on the latest advancements in the sector and technological development, executive tools, and tactics that can enhance the performance of the sectors.
Market Scope:
The "Global Outdoor Furniture Market Analysis to 2027" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of Outdoor Furniture market with detailed market segmentation type, applications, and geography. The global Outdoor Furniture market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Outdoor Furniture market players and offers key trends and opportunities in the market.
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Market Segmentation:
Global Outdoor Furniture Market– By Material
Global Outdoor Furniture Market – By Product
Global Outdoor Furniture Market– By End User
Notable Players Profiled in the Outdoor Furniture Market:
The report also includes the profiles of key Outdoor Furniture companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered financial information of the last three years, key developments in the past five years.
Regional Overview:
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Outdoor Furniture market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Outdoor Furniture market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The Table of Content for Outdoor Furniture Market research study includes:
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