US Outdoor Furniture Market size to grow by USD 1,434.3 million from 2022 to 2027; the growing construction industry to boost the market growth - Technavio

NEW YORK, June 28, 2023 /PRNewswire/ -- The US outdoor furniture market size is estimated to increase by USD 1,434.3 million from 2022 to 2027, at a CAGR of 3.26%, according to the recent market study by Technavio. This report also offers a 5-year historical (2017-2021) data projection of market size, segmentation, and region. Discover some insights on market size before buying the full report -Request a sample report

US Outdoor Furniture Market 2023-2027: Vendor Analysis and Scope

The outdoor furniture market report in US also offers information on the criticality of inputs, R&D, CAPEX, technology, and products of 15 vendors listed below -

Agio International Co., Ashcomm LLC, Barbeques Galore (Aust) Pty Ltd, Brown Jordan Co., Century Furniture LLC, Ethan Allen Interiors Inc., Forever Patio, Homecrest Outdoor Living LLC, Inter IKEA Systems B.V., LaZBoy Inc., Lebello USA, Lloyd Flanders Inc, Lowes Co. Inc., LUXCRAFT, MillerKnoll Inc., Penney OpCo LLC, TheHome Depot Inc., Wayfair Inc., Williams Sonoma Inc., and Windward Design Group

Chart & Data Table on 5-Year Historic (2017-2021) Market Size, Comparative Analysis of Segments, and Y-O-Y Growth of Outdoor furniture market in the US

US Outdoor Furniture Market – Market Segmentation

The market is segmented by distribution channel (offline and online), product (outdoor furniture and accessories, outdoor grills and accessories, and patio heating products), and end-user (residential and commercial).

• The market share growth in the offline segment will be significant during the forecast period. Specialty stores, department stores, hypermarkets, clubhouses, supermarkets, do-it-yourself (DIY) and home furnishing improvement stores, and bedding stores that sell outdoor furniture are included in offline distribution channels. The manufacturers and distributors are planning their resources for branding and IT support as most of the outdoor furniture is sold in outlet retail stores of the vendors. Furthermore, vendors are generating most of their revenues from their retail stores. Specialty stores are also getting popular in the market. Hence, all the above-mentioned factors are expected to drive the growth of the segment during the forecast period.

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US Outdoor Furniture Market – Market Dynamics

Key driver

The growing construction industry is influencing the demand for outdoor furniture. The number of residential units and commercial establishments is increasing which is due to the expansion of the construction industry in the country. Infrastructure upgrades in developed countries, increasing population in emerging countries, growing residential development, and a rise in are the key factors driving the expansion of the construction industry. The housing market is also rapidly increasing in the country, which will increase the demand for furniture. Hence, this expansion of the construction industry is expected to drive market growth during the forecast period.

Major Trends

The demand for furniture that can be used for multiple purposes is increasing. The introduction of multifunctional and customized products is increasing due to the rising demand for customers. Vendors are planning to launch multifunctional furniture in the market through both offline and online channels. Furthermore, vendors offer various types of chairs and tables that can be converted into large bookcases. For example, Inter IKEA Systems B.V. offers APPLARO Bench with Storage Bag and TOSTERO Bench with Storage Bag. Vendors are focusing on launching innovative products in the market to attract untapped customers. Hence, these factors are expected to drive the market growth during the forecast period.

Significant Challenges

The high initial cost and long replacement cycle of outdoor furniture products are restricting the growth of the market. Superior quality furniture made from wood is not frequently replaced by customers. Another factor is the high cost of this superior-quality furniture which is also -restricting market growth. The product warranties and guarantees which are offered by the vendors are increasing the life span of this furniture. Hence these factors will impede the growth of outdoor furniture in the country during the forecast period.

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What are the key data covered in this US Outdoor Furniture Market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the US outdoor furniture market between 2023 and 2027
• Precise estimation of the size of the US outdoor furniture market and its contribution to the market with a focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the US outdoor furniture market
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of US outdoor furniture market vendors

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Table of Content

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Country Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market Segmentation by Distribution Channel
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
• Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 07: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 08: Parent market
• Exhibit 09: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 10: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 11: Market segments

• 3.3 Market size 2022 

• 3.4 Market outlook: Forecast for 2022-2027
• Exhibit 12: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 13: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 14: Chart on US: Year-over-year growth 2022-2027 (%)
• Exhibit 15: Data Table on US: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Outdoor furniture market in US 2017 - 2021
• Exhibit 16: Historic Market Size – Data Table on Outdoor furniture market in US 2017 - 2021 ($ million)

• 4.2 Distribution Channel Segment Analysis 2017 - 2021
• Exhibit 17: Historic Market Size – Distribution Channel Segment 2017 - 2021 ($ million)

• 4.3 Product Segment Analysis 2017 - 2021
• Exhibit 18: Historic Market Size – Product Segment 2017 - 2021 ($ million)

• 4.4 End-user Segment Analysis 2017 - 2021
• Exhibit 19: Historic Market Size – End-user Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 20: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 21: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 22: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 23: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 24: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 25: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 26: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Distribution Channel

• 6.1 Market segments 
• Exhibit 27: Chart on Distribution Channel - Market share 2022-2027 (%)
• Exhibit 28: Data Table on Distribution Channel - Market share 2022-2027 (%)

• 6.2 Comparison by Distribution Channel 
• Exhibit 29: Chart on Comparison by Distribution Channel
• Exhibit 30: Data Table on Comparison by Distribution Channel

• 6.3 Offline - Market size and forecast 2022-2027
• Exhibit 31: Chart on Offline - Market size and forecast 2022-2027 ($ million)
• Exhibit 32: Data Table on Offline - Market size and forecast 2022-2027 ($ million)
• Exhibit 33: Chart on Offline - Year-over-year growth 2022-2027 (%)
• Exhibit 34: Data Table on Offline - Year-over-year growth 2022-2027 (%)

• 6.4 Online - Market size and forecast 2022-2027
• Exhibit 35: Chart on Online - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Data Table on Online - Market size and forecast 2022-2027 ($ million)
• Exhibit 37: Chart on Online - Year-over-year growth 2022-2027 (%)
• Exhibit 38: Data Table on Online - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Distribution Channel
• Exhibit 39: Market opportunity by Distribution Channel ($ million)

7 Market Segmentation by Product

• 7.1 Market segments 
• Exhibit 40: Chart on Product - Market share 2022-2027 (%)
• Exhibit 41: Data Table on Product - Market share 2022-2027 (%)

• 7.2 Comparison by Product 
• Exhibit 42: Chart on Comparison by Product
• Exhibit 43: Data Table on Comparison by Product

• 7.3 Outdoor furniture and accessories - Market size and forecast 2022-2027 
• Exhibit 44: Chart on Outdoor furniture and accessories - Market size and forecast 2022-2027 ($ million)
• Exhibit 45: Data Table on Outdoor furniture and accessories - Market size and forecast 2022-2027 ($ million)
• Exhibit 46: Chart on Outdoor furniture and accessories - Year-over-year growth 2022-2027 (%)
• Exhibit 47: Data Table on Outdoor furniture and accessories - Year-over-year growth 2022-2027 (%)

• 7.4 Outdoor grills and accessories - Market size and forecast 2022-2027 
• Exhibit 48: Chart on Outdoor grills and accessories - Market size and forecast 2022-2027 ($ million)
• Exhibit 49: Data Table on Outdoor grills and accessories - Market size and forecast 2022-2027 ($ million)
• Exhibit 50: Chart on Outdoor grills and accessories - Year-over-year growth 2022-2027 (%)
• Exhibit 51: Data Table on Outdoor grills and accessories - Year-over-year growth 2022-2027 (%)

• 7.5 Patio heating products - Market size and forecast 2022-2027 
• Exhibit 52: Chart on Patio heating products - Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Data Table on Patio heating products - Market size and forecast 2022-2027 ($ million)
• Exhibit 54: Chart on Patio heating products - Year-over-year growth 2022-2027 (%)
• Exhibit 55: Data Table on Patio heating products - Year-over-year growth 2022-2027 (%)

• 7.6 Market opportunity by Product 
• Exhibit 56: Market opportunity by Product ($ million)

8 Market Segmentation by End-user

• 8.1 Market segments 
• Exhibit 57: Chart on End-user - Market share 2022-2027 (%)
• Exhibit 58: Data Table on End-user - Market share 2022-2027 (%)

• 8.2 Comparison by End-user 
• Exhibit 59: Chart on Comparison by End-user
• Exhibit 60: Data Table on Comparison by End-user

• 8.3 Residential - Market size and forecast 2022-2027
• Exhibit 61: Chart on Residential - Market size and forecast 2022-2027 ($ million)
• Exhibit 62: Data Table on Residential - Market size and forecast 2022-2027 ($ million)
• Exhibit 63: Chart on Residential - Year-over-year growth 2022-2027 (%)
• Exhibit 64: Data Table on Residential - Year-over-year growth 2022-2027 (%)

• 8.4 Commercial - Market size and forecast 2022-2027
• Exhibit 65: Chart on Commercial - Market size and forecast 2022-2027 ($ million)
• Exhibit 66: Data Table on Commercial - Market size and forecast 2022-2027 ($ million)
• Exhibit 67: Chart on Commercial - Year-over-year growth 2022-2027 (%)
• Exhibit 68: Data Table on Commercial - Year-over-year growth 2022-2027 (%)

• 8.5 Market opportunity by End-user 
• Exhibit 69: Market opportunity by End-user ($ million)

9 Customer Landscape

• 9.1 Customer landscape overview 
• Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

10 Drivers, Challenges, and Trends

• 10.1 Market drivers 

• 10.2 Market challenges 

• 10.3 Impact of drivers and challenges 
• Exhibit 71: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends 

11 Vendor Landscape

• 11.1 Overview 

• 11.2 Vendor landscape 
• Exhibit 72: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 73: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 74: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 75: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 76: Matrix on vendor position and classification

• 12.3 Agio International Co. 
• Exhibit 77: Agio International Co. - Overview
• Exhibit 78: Agio International Co. - Product / Service
• Exhibit 79: Agio International Co. - Key offerings

• 12.4 Ashcomm LLC 
• Exhibit 80: Ashcomm LLC - Overview
• Exhibit 81: Ashcomm LLC - Product / Service
• Exhibit 82: Ashcomm LLC - Key offerings

• 12.5 Barbeques Galore (Aust) Pty Ltd 
• Exhibit 83: Barbeques Galore (Aust) Pty Ltd - Overview
• Exhibit 84: Barbeques Galore (Aust) Pty Ltd - Product / Service
• Exhibit 85: Barbeques Galore (Aust) Pty Ltd - Key offerings

• 12.6 Brown Jordan Co. 
• Exhibit 86: Brown Jordan Co. - Overview
• Exhibit 87: Brown Jordan Co. - Product / Service
• Exhibit 88: Brown Jordan Co. - Key offerings

• 12.7 Century Furniture LLC 
• Exhibit 89: Century Furniture LLC - Overview
• Exhibit 90: Century Furniture LLC - Product / Service
• Exhibit 91: Century Furniture LLC - Key offerings

• 12.8 Ethan Allen Interiors Inc. 
• Exhibit 92: Ethan Allen Interiors Inc. - Overview
• Exhibit 93: Ethan Allen Interiors Inc. - Business segments
• Exhibit 94: Ethan Allen Interiors Inc. - Key offerings
• Exhibit 95: Ethan Allen Interiors Inc. - Segment focus

• 12.9 Forever Patio 
• Exhibit 96: Forever Patio - Overview
• Exhibit 97: Forever Patio - Product / Service
• Exhibit 98: Forever Patio - Key offerings

• 12.10 Homecrest Outdoor Living LLC 
• Exhibit 99: Homecrest Outdoor Living LLC - Overview
• Exhibit 100: Homecrest Outdoor Living LLC - Product / Service
• Exhibit 101: Homecrest Outdoor Living LLC - Key offerings

• 12.11 Inter IKEA Systems B.V. 
• Exhibit 102: Inter IKEA Systems B.V. - Overview
• Exhibit 103: Inter IKEA Systems B.V. - Product / Service
• Exhibit 104: Inter IKEA Systems B.V. - Key offerings

• 12.12 Lloyd Flanders Inc 
• Exhibit 105: Lloyd Flanders Inc - Overview
• Exhibit 106: Lloyd Flanders Inc - Product / Service
• Exhibit 107: Lloyd Flanders Inc - Key offerings

• 12.13 Lowes Co. Inc. 
• Exhibit 108: Lowes Co. Inc. - Overview
• Exhibit 109: Lowes Co. Inc. - Product / Service
• Exhibit 110: Lowes Co. Inc. - Key offerings

• 12.14 MillerKnoll Inc. 
• Exhibit 111: MillerKnoll Inc. - Overview
• Exhibit 112: MillerKnoll Inc. - Business segments
• Exhibit 113: MillerKnoll Inc. - Key offerings
• Exhibit 114: MillerKnoll Inc. - Segment focus

• 12.15 Penney OpCo LLC 
• Exhibit 115: Penney OpCo LLC - Overview
• Exhibit 116: Penney OpCo LLC - Product / Service
• Exhibit 117: Penney OpCo LLC - Key offerings

• 12.16 The Home Depot Inc. 
• Exhibit 118: The Home Depot Inc. - Overview
• Exhibit 119: The Home Depot Inc. - Product / Service
• Exhibit 120: The Home Depot Inc. - Key offerings

• 12.17 Williams Sonoma Inc. 
• Exhibit 121: Williams Sonoma Inc. - Overview
• Exhibit 122: Williams Sonoma Inc. - Product / Service
• Exhibit 123: Williams Sonoma Inc. - Key news
• Exhibit 124: Williams Sonoma Inc. - Key offerings

13 Appendix

• 13.1 Scope of the report 

• 13.2 Inclusions and exclusions checklist
• Exhibit 125: Inclusions checklist
• Exhibit 126: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 127: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 128: Research methodology
• Exhibit 129: Validation techniques employed for market sizing
• Exhibit 130: Information sources

• 13.5 List of abbreviations 
• Exhibit 131: List of abbreviations

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