Outdoor Furniture Market to grow by USD 5.16 Billion from -, driven by rising demand for patio heating products, AI's impact on market trends - Technavio
NEW YORK, Jan. 30, /PRNewswire/ -- Report on how AI is redefining market landscape - The global outdoor furniture market size is estimated to grow by USD 5.16 billion from -, according to Technavio. The market is estimated to grow at a CAGR of 3.1% during the forecast period. Increasing demand for patio heating products in commercial and residential spaces is driving market growth, with a trend towards increasing demand for environment-friendly outdoor furniture. However, long replacement cycle for outdoor furniture poses a challenge. Key market players include Agio International Co., Ashley Retail LLC, Barbeques Galore (Aust) Pty Ltd., Brown Jordan Co., Castlery Pte Ltd., Century Furniture LLC, Ethan Allen Interiors Inc., Gloster Furniture GmbH, Haworth Inc., Homecrest Outdoor Living LLC, Inter IKEA Holding BV, Keter Group, Lloyd Flanders Inc, Lowes Co. Inc., Metro Plus Lifestyle, MillerKnoll Inc., The Home Depot Inc., Wayfair Inc., Williams Sonoma Inc., and Yardbird.
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Market Driver
The Outdoor Furniture Market is experiencing significant growth due to the increasing trend of tourists visiting seaside areas, hill stations, scenic beauty places, and historical monuments. Homeowners and hotels are investing in garden and balcony furniture to enhance their outdoor spaces, creating a strong demand for weather-resistant, crack-proof, and insect-resistant pieces. Eco-friendly fixtures, such as those made from recycled materials or sustainable bamboo and reclaimed wood, are gaining popularity. Architectural themes are also influencing the market, with consumers seeking furniture that complements their homes and commercial constructions. The hospitality sector, including hotels, cafes, and restaurants, is a major distribution channel for outdoor furniture. House centers, flagship stores, specialty stores, and online channels are also significant players. Trends like rooftop gardens, dining spaces, and recreational areas are driving demand for versatile and durable pieces, such as loungers, daybeds, dining sets, and seating sets. Millennials, who prioritize experiences over material possessions, are fueling the market with their world tours, vacations, and trips. Digitization, mobile usage, and internet connectivity are transforming the industry, with customers increasingly relying on online research and purchasing. Luxury, elegance, and sustainability are key factors influencing consumer preferences, with a focus on lightweight, and natural appearance pieces. Overall, the market for outdoor furniture is expected to continue growing, driven by the leisure experiences and household appeal of outdoor spaces.
The outdoor furniture market is witnessing a significant trend towards eco-friendly options. Consumers are increasingly opting for sustainable furnishing materials, such as teak, rosewood, sal, deodar, and Moso bamboo, as alternatives to forest wood. This shift is driven by growing environmental concerns and the negative impacts of deforestation and toxic substances in outdoor furniture finishes on the environment. Manufacturers are responding to this demand by offering a diverse range of aesthetically pleasing, eco-friendly furniture. Moso bamboo, for instance, is a popular choice due to its strength and durability, which surpasses that of oak. This sustainable approach is a positive development in the global outdoor furniture market.
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Market Challenges
- The Outdoor Furniture Market faces unique challenges in catering to various sectors such as tourism, hospitality, and homeowners. In seaside areas and scenic beauty places, furniture must withstand external climatic conditions, ensuring weather resistance, crack proofing, and insect resistance. For hotels and resorts, tensile strength and eco-friendly fixtures are essential, aligning with architectural themes. Houseowners seek durable, comfortable, and aesthetically appealing furniture for their gardens, balconies, backyards, and rooftop gardens. In the commercial sector, distribution channels include Home Centers, Flagship Stores, and Specialty Stores, while online distribution channels cater to the growing trend of digitization, mobile usage, and internet connectivity. The hospitality sector demands luxury and elegance, with versatility being crucial for millennials on world tours, vacations, and trips. Materials like wood, plastic, and metal are popular, with natural beauty and sustainability being key factors. Furniture pieces include seating sets (chairs, tables), loungers and daybeds, dining sets, and various decor items like cushions, lights, and gardening supplies. Commercial constructions require weather resilience, bug resistance, and durability. Eco-friendly outdoor furniture made from recycled materials and a minimal environmental footprint is increasingly popular, with trends towards clean-lined design, textile durability, and comfort. Lightweight and pieces with a natural appearance are preferred for distant working situations, such as terraces and cafes. Recreational activities like rooftop bars, rooftop kitchens, and dining spaces require outdoor lighting and dining chairs, while common areas may prioritize sustainability and eco-friendly fixtures.
- The outdoor furniture market features branded, superior-quality products designed for long-term use. These items, including those made of wood, have a longer replacement cycle compared to low-cost alternatives like plastic. However, the high initial cost and extended replacement cycle may hinder market growth. Consumers view expensive outdoor furniture as a one-time investment. Vendors focus on offering durable, top-notch products to meet this demand.
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Segment Overview
This outdoor furniture market report extensively covers market segmentation by
- Product
- 1.1 OF and A
- 1.2 Outdoor grills and accessories
- 1.3 Patio heating products
- End-user
- 2.1 Residential
- 2.2 Commercial
- Geography
- 3.1 North America
- 3.2 APAC
- 3.3 Europe
- 3.4 South America
- 3.5 Middle East and Africa
1.1 OF and A- The outdoor furniture (OF) and accessories (A) market is experiencing growth due to increasing consumer interest in outdoor decoration and leisure activities. Contemporary and transitional designs, ease of maintenance, comfort, and versatility are key factors driving sales of outdoor dining tables, sofas, and cushions. Williams Sonoma Inc. Is among the vendors catering to this demand, offering various types of OF and A, including lounge furniture, dining furniture, outdoor furniture, cushions, and pillows. Consumers prioritize cushions for protection against summer heat and frequent replacement for new designs. Vendors respond by offering mix-and-match sets and customized cushions. Swirling chairs, deep seating, and furniture that matches indoor chairs and sofas are popular trends. Wooden and metal furniture, as well as wicker furniture, remain preferred choices due to their strength, durability, and lightweight properties. Overall, consumer preferences for OF and A are fueling the growth of the global outdoor furniture market.
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Research Analysis
The Outdoor Furniture Market caters to the growing demand for comfortable and stylish furniture for various leisure settings. From touristic seaside areas and scenic beauty places to hill stations and historical monuments, outdoor furniture plays a vital role in enhancing the overall experience. Hotels, restaurants, and cafes also invest in high-quality outdoor furniture to offer their guests a memorable experience. Open spaces and public gardens are ideal locations for these products, which boast weather resilience, bug resistance, and tensile strength. The residential sector, including gardens and balconies, also contributes significantly to the market. Aesthetics, durability, and crack-proof properties are essential factors for consumers. The market includes a wide range of products, from modular sofas and lawn chairs to rooftop gardens and cafes, catering to various recreational activities and rooftop bars. Household sales are a growing segment, with an increasing focus on overall household appeal.
Market Research Overview
The Outdoor Furniture Market is experiencing in demand as tourists and homeowners seek to enhance their leisure experiences in various settings. Seaside areas, hill stations, scenic beauty places, historical monuments, and public gardens are popular destinations for outdoor furniture. The market caters to both residential and commercial sectors, with distribution channels including Home Centers, Flagship Stores, Specialty Stores, and Online distribution channels. Outdoor furniture is essential for hotels, restaurants, cafes, and other hospitality establishments, as well as for homeowners looking to upgrade their backyards, balconies, gardens, porches, and rooftop spaces. The market offers a wide range of seating options, including chairs, tables, seating sets, loungers and daybeds, and dining sets. Materials used include wood, plastic, and metal, with a focus on weather resistance, crack proofing, insect resistance, and tensile strength. Eco-friendly fixtures and architectural themes are also popular, with a growing emphasis on sustainability and recycled materials. Outdoor furniture is not just for leisure; it also caters to the needs of millennials on world tours, vacations, and trips. The market offers versatile and elegant designs, with a focus on comfort, durability, and aesthetic appeal. With the increasing trend of digitization, mobile usage, and internet connectivity, outdoor furniture is also becoming a luxury and essential for rooftop bars, kitchens, and dining spaces. Overall, the Outdoor Furniture Market is a significant contributor to the tourism industry, offering a wide range of products for various settings and customer needs. The market continues to evolve, with new trends emerging in outdoor lighting, lounge chairs, fire pits, dining tables, umbrellas, sofas, pillows, rugs, and commercial constructions.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- Product
- OF And A
- Outdoor Grills And Accessories
- Patio Heating Products
- End-user
- Residential
- Commercial
- Geography
- North America
- APAC
- Europe
- South America
- Middle East And Africa
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses 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.
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SOURCE Technavio
Furniture has always been the holy grail of product design from the dawn of times when people didn’t call themselves designers and were simply making things for homes. Naturally, Precious Plastic and the community have gotten busy experimenting and creating furniture from recycled plastic. With the addition of the Pro machines in Version 4, many workspaces took the higher production rate of these machines and started making larger products.
Furniture allow for greater amounts of plastic to be recycled and can showcase the strength, durability and beauty of the material. Furniture is something that is rarely replaced. It is bought for homes and stays there for many years (hopefully). So why not use recycled plastic (that will take centuries to degrade) for furniture?
How furniture is made with Precious Plastic machines
With the release of Version 4 in , furniture production became a lot more viable. Because of the large amount of recycled plastic required to make larger products, like tables and chairs, the new Sheetpress and Extruder PRO became the central machines for furniture design.
Sheetpress
Workspaces like Precious Plastic Ukraine pioneered working with sheets to create larger furniture pieces that can be seen across Kyiv. The Sheetpress offers a huge benefit when wanting to make furniture. The raw sheets can be used as-is for tabletops or stool tops. Or they can be machined to make more detailed parts to form stools like Fab Unit or Norwegian Trash. Machining leads to endless possibilities. Stools, cabinetry, and tables to mention a few.
Combining and mixing the right colours, sheets can mimic the look of traditional materials like stone or terrazzo styles. Check out Plastic Stone Tiles and Precious Plastic Georgia for some serious inspiration.
If furniture is your jam, make sure to check out the how-tos where people share how they make furniture or dive deep into the Ultimate Guide to the Sheetpress.
Extrusion Pro
The Extruder machine and Extrusion PRO machine provides a lot of possibilities when it comes to making furniture. With these machines, you can make beams. Beams can be machined and used as wood or metal so whatever can be made with those materials, recycled plastic can be used instead. Beams can be used to great effect, Samsara and their Nicobar Lounge Chair are a great example of this.
The cross-sections of beams provide interesting patterns and will add subtle details to a product. This can be seen in the Version 4 pink bench (below). A fully pink bench with blue cross-sections makes it very playful.
Like with the Sheetpress, we provide many different how-tos to best work with beams to create the furniture pieces of your dreams. If you would like to learn more about the Extrusion Machine check out the Ultimate Guide.
Benefits of making furniture from recycled plastic
A lot of furniture, especially industrialised fast furniture, is made with virgin materials. With brands like IKEA making it incredibly affordable to have “designer” furniture in your home, as a result furniture has increased in its turnover rate over the years. They are no longer made to last but rather to be replaced with newer trends. The trees in plantations, stone and metal from quarries and mining, a lot goes into the furniture bought today. Virgin plastic is increasingly being used in furniture, especially outdoor and kids furniture. Now, why aren’t these products made from recycled plastic? It provides a lot of the same qualities that traditional materials do. And when combined with them can accentuate the strength and look of the material.
A lot of the metal and wooden furniture needs to be varnished and painted to not degrade or get the look wanted. If colours are chosen correctly recycled plastic can easily achieve this without polishing or post-production. Look at work from Norwegian Trash and many others below to see the unique qualities of the material.
Working with plastic is a new craft and making furniture shows it off. The craftsmanship displayed pushes the craft further. So, if you want to flex your designer muscles, why not having a go at making a larger piece of furniture?
Jaden Table
At the end of , Jaden Smith visited the Precious Plastic team during Version 4. He tasked the team to create a boardroom meeting table for him. Now this table needed to be big and special. We wanted the table to look like a big chunk of stone or marble, so Johe Bruneau got to work and used the Extrusion machine to craft this table from old CD cases. See the full story in the video below.
HOW - TO’s
Over the years Precious Plastic has researched and shared quite some techniques and video tutorials on how to transform plastic waste into precious furniture. Additionally, in the last few years a bunch of people in our community have also contributed some How-tos sharing with the world how they make furniture with recycled plastic. All the techniques make for a variety of different outcomes so be sure to play around and see what you can come up with! If you have a how-to you wish to share, submit it here!
Make a Stool with Woodworking Techniques
Recycled plastic is an incredibly versatile material. It can be worked with many techniques that you may already know. If you have a history with woodworking, you can easily transfer that knowledge to recycled plastic. So next time when you are working with wood, think about whether you can use recycled plastic instead. Also, if you don't know what you're doing when it comes to woodworking, do not stress this how-to walks you through the entire process!