Global Outdoor Furniture Market – Industry Trends and Forecast to 2032

The Outdoor Furniture Market is experiencing robust expansion, with market size projected to increase from (19.6 Billion) 2024 to (29.33 Billion) 2032, demonstrating a consistent year-over-year growth rate of 6.02%. Outdoor Furniture Market Size, Share, Competitive Landscape and Trend Analysis Report, by Types (Dining Sets, Tables, Seating Sets, Chairs, Others), by Applications (Residential, Commercial) , by Material (Textile, Wood, Metal, Plastic, Others) And Regions (North America (United States, Canada, Mexico), South America (Brazil, Argentina, Chile, Rest of South America), Europe (Germany, France, Italy, United Kingdom, Benelux, Nordics, Rest of Europe), Asia Pacific (China, Japan, India, South Korea, Australia, Southeast Asia, Rest of Asia-Pacific), MEA (Middle East, Africa)) : Industry Forecast and Opportunity Analysis for 2024 - 2032

The outdoor furniture industry includes the manufacturing, distribution, and retail of items intended to be used outdoors in outdoor spaces, e.g., gardens, patios, balconies, and terraces. This encompasses a variety of items, which are seating furniture, dining sets, lounge furniture, accessories such as umbrellas and cushions, etc. Market forces are propelled by trends including an increase in the popularity of al fresco living, greater disposable income, and the wish to furnish the same comfort and aesthetics in the outdoor setting. Major furniture producers, retailers, and distributors are key market participants globally.

Outdoor Furniture Report Highlights

Report Metrics	Details
Forecast period	2019-2032
Base Year Of Estimation	2024
Growth Rate	CAGR of 6.02%
Forecast Value (2032)	USD 29.33 Billion
By Product Type	Dining Sets, Tables, Seating Sets, Chairs, Others
Key Market Players	Kimball International Inc. UNOPIU Hartman UK IKEA PLAISIR Du JARDIN Ltd. Century Furniture LLC Royal BOTANIA NV AGIO International Company LTD Inter IKEA Systems B.V. DEDON The Home Depot Inc. EMU Group S.P.A. Haworth Inc. Brown Jordan International
By Region	North America (United States, Canada, Mexico) South America (Brazil, Argentina, Chile, Rest of South America) Europe (Germany, France, Italy, United Kingdom, Benelux, Nordics, Rest of Europe) Asia Pacific (China, Japan, India, South Korea, Australia, Southeast Asia, Rest of Asia-Pacific) MEA (Middle East, Africa)

Outdoor Furniture Market Trends

The outdoor furniture market is currently being influenced by a number of important trends, all of which are focused, for at least part of their rationale, on sustainability and the use of eco-friendly materials. Indeed, consumers are ready for furniture from recycled or renewable sources, including recycled plastics, teak, and sustainably grown wicker. There is also a strong need for modular and adaptable furniture to be installed in various outdoor settings and lifestyles. Also, technology is playing a role in shaping that market, with built-in lighting, audio, and weather-protected electronics becoming a norm among buyers. The market is also seeing a rise in demand for multifunctional furniture that can serve multiple purposes, such as dining sets that can also be used for lounging.

Outdoor Furniture Market Leading Players

The key players profiled in the report are Inter IKEA Systems B.V., EMU Group S.P.A., UNOPIU Hartman UK, Royal BOTANIA NV, IKEA, Haworth Inc., AGIO International Company LTD, Century Furniture LLC, PLAISIR Du JARDIN Ltd., DEDON The Home Depot Inc., Kimball International Inc., Brown Jordan International

Growth Accelerators

The outdoor furniture market is fueled by growing consumer demand for outdoor living environments, and increasingly people are investing in their patios, gardens, and balconies in order to develop comfortable, satisfying zones for recreation and socializing. This phenomenon is especially strong in urban environments where constrained indoor areas drive homeowners to broaden their exterior areas. Further, an important driver is the increasing awareness of sustainable and eco-friendly products and their use, resulting in a rising request for outdoor furniture in recycled materials, sustainable wood, and other eco-friendly materials. This growth in markets has also resulted from the emergence of e-commerce platforms, which give shoppers easy access to large selections of outdoor furniture goods. In particular, the hospitality industry, as represented by hotels, resorts, and restaurants, is using high-quality outdoor furniture to enhance customer experience and thus generating a higher demand in the market.

Outdoor Furniture Market Segmentation analysis

The Global Outdoor Furniture is segmented by Type, Application, and Region.
By Type, the market is divided into Distributed Dining Sets, Tables, Seating Sets, Chairs, Others . The Application segment categorizes the market based on its usage such as Residential, Commercial. Geographically, the market is assessed across key Regions like North America (United States, Canada, Mexico), South America (Brazil, Argentina, Chile, Rest of South America), Europe (Germany, France, Italy, United Kingdom, Benelux, Nordics, Rest of Europe), Asia Pacific (China, Japan, India, South Korea, Australia, Southeast Asia, Rest of Asia-Pacific), MEA (Middle East, Africa) and others, each presenting distinct growth opportunities and challenges influenced by the regions.

Competitive Landscape

The competitive environment in the outdoor furniture market is one of established global players and rising regional brands that compete in a broad spectrum of products, by design, by materials, and by price. Today, large companies like IKEA, Brown Jordan, and Harmonia Living are market leaders thanks to their wide product portfolios, robust distribution infrastructures, and well-known brands. These companies tend to emphasize a good blend of appearance, robustness, and comfort, with particular attention to materials (aluminum, wicker, teak) that can resist a wide range of weather. In particular, these firms spend large sums of money marketing online sales systems to meet the increasing demand for e-commerce in the furniture business.

Challenges In Outdoor Furniture Market

The outdoor furniture market also has many challenges, like raw material price fluctuations, which have important consequences for production costs. Prices of materials (e.g., wood, metal, and synthetic materials) can be subject to price fluctuations because of supply chain disruptions, geopolitical trade disputes, and shifts in demand, which makes it challenging for manufacturers to stay on target with price stability. A challenge for the outdoor furniture market is the increasing competitive pressure from low-cost items in particular emerging markets. In addition, the evolving consumer desires in terms of green and eco-friendly products generate challenges and opportunities, with companies envisaged to accommodate such a demand through environmentally sustainable materials and production technologies. This transition involves substantial expenditure in innovation and change of the supply chain.

Risks & Prospects in Outdoor Furniture Market

The outdoor furniture market offers many interesting opportunities to grow and innovate. Major opportunities are sustainable and eco-friendly product development, smart technology integration, the expansion into new marketplaces and countries, and customizing products to people's various needs and wants in terms of consumption. In addition, for players, the market provides the opportunity for them to emphasize product differentiation, to better serve customers through personalized services, and to use digital channels for a greater penetration into the market.

Key Target Audience

The ultimate target group in the outdoor furniture market is homeowners and planners of a building who want to furnish the open spaces with modern, robust, and practical furniture for gardens, patios, and balconies. This set usually focuses on comfort, design, and weatherproof fabrics for furniture, which allows users to enjoy the outdoors in a meaningful way. With a growing interest in outdoor entertainment and recreational spaces, this audience often looks for high-quality, long-lasting pieces that can withstand different weather conditions, making it ideal for seasonal and year-round outdoor use.,, An important target market for the outdoor furniture market consists of hotels, resorts, and commercial properties wishing to offer comfortable and attractive outdoor seating furnishings to their guests. That said, these companies buy in large volumes of outdoor furniture for patios, pool decks, and party areas.

Merger and acquisition

Recent M&A activity in the outdoor furniture industry is a testament to companies' efforts to lift the bar of their offerings and expand their market footprint. During the month of June 2023, HNI Corporation closed its acquisition of Kimball International Inc., forming a company with approximately $3 billion of revenue and positioning it as a market leader in the recreational furniture market. In particular, Twin Star Home purchased Grand Basket, a maker of hand-woven wicker furniture, the third purchase in the outdoor space since 2020. This change is intended to enhance Twin Star's position as an e-commerce-powered home furnishings leader in North America while also demonstrating a dedication to growing its wood or outdoor product offering. Additional notable acquisitions include Landscape Forms' acquisition of Summit Furniture and Surya's acquisition of RST Brands (both to expand either of their companies' portfolios of outdoor furniture). The trend shows an industry trend of consolidation where companies are realizing mutual benefit and increasing scope in order to meet rising consumer demand for high-quality outdoor living products. >

Analyst Comment

"The outdoor furniture sector is an important part of the global furniture market, this being enabled by the trend for an outdoor lifestyle and the desire for stylish and comfortable outdoor environments. There are a variety of products in this market, with a range including seating, dining, lounge, and accessories such as umbrellas and cushions. It is predicted that the market will experience significant growth over the next few years, through the influence of several factors, including a growing disposable income, a shift in consumer attitudes toward al fresco living, and a burgeoning trend to design visually attractive outdoor spaces. Amongst the market's leading participants are globally established producers of furniture, retailers, and distributors, all of which are on the lookout and innovating to provide a variety of products with increased strength, weather resistance, and visual appeal."