The Outdoor Furniture Market in US is being driven by Increasing demand for patio-heating products
The Outdoor Furniture Market in US is expected to grow at a CAGR of 3.3% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 1705.6 million. The outdoor furniture market in the US is witnessing a significant trend towards eco-friendly solutions. Consumers are increasingly prioritizing sustainability and environmental protection, leading to a surge in demand for furnishings made from alternative materials to forest wood. These include teak, rosewood, sal, deodar, and Moso bamboo. Manufacturers are responding to this trend by offering aesthetically pleasing outdoor furniture constructed from these sustainable materials. Moso bamboo, for instance, is stronger and harder than oak, providing durability while reducing the environmental impact of deforestation. Additionally, the use of natural finishes eliminates the negative effects of toxic chemicals on the environment and air quality. This shift towards eco-friendly outdoor furniture is a commendable step towards sustainable business practices.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
210 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 3.3% |
Market growth 2025-2029 |
USD 1705.6 million |
Market structure |
fragmentation |
YoY growth 2024-2025(%) |
3.2 |
Key countries |
US |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Outdoor Furniture Market in the US encompasses various aspects, including the production of resin wicker furniture and steel furniture fabrication. Outdoor furniture design prioritizes comfort features, weight capacity, and dimensional accuracy. Color options, lifespan, material sourcing, and production methods are also crucial factors. Quality control measures, warranty claims, and customer feedback analysis shape the market. Furniture style trends, retail channels, e-commerce sales, and distribution network design influence sales performance indicators. Pricing strategies, marketing campaign effectiveness, customer retention, and sustainable packaging materials are additional considerations. Product return rates are a key performance indicator, while inventory management systems ensure efficient operations.
The Outdoor Furniture market in the US is a significant segment of the larger Global Home Furnishings Market. This market encompasses businesses involved in the manufacturing and marketing of aluminum outdoor furniture, as well as those utilizing weather-resistant materials and UV resistant coatings. The Home Furnishings Market's size is determined by the consolidated revenue generated by manufacturers and marketers of consumer electronics, furnishings, decorative products, household appliances, and other homeware products. The global home furnishings market expansion is driven by several factors, including the increasing residential and commercial construction sector. Infrastructure development and the construction of new residences and offices in key countries such as the US, China, and India are expected to boost sales of new furniture and furnishings. Furthermore, the growing number of renovation projects in these countries is also contributing to the rising demand for furniture.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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