The North America outdoor furniture market is expected to reach US$ 8,750.91 Mn in 2027 from US$ 5,807.13 Mn in 2018. The market is anticipated to grow at a CAGR of 4.6 % from 2019 to 2027.
Market Introduction
Outdoor furniture consists of a wide variety of products. It mostly includes playground equipment like tables and benches. Chairs, tables, dining sets, and seating sets also form a part of outdoor furniture. The outdoor furniture is used to provide a space to relax and sit down to enjoy privacy in the landscape area. Lightweight materials such as polyethylene or aluminum is used in the making of outdoor furniture to facilitate easy movement. These types of furniture have multipurpose applications as they can work as a stool footrest, side table, sofa, etc. Besides, they are easier to clean due to their flat and smooth surfaces.
Effect of covid-19 on North America outdoor furniture market
The ongoing COVID-19 outbreak began in Wuhan (China) in December 2019, but later it spread to all the parts of the world. It has adversely affected the consumer goods industry as the industry is suffering from supply chain disruptions, lockdowns, travel bans, and business shutdowns called in various countries. The US has the highest number of confirmed cases of the COVID-19 morbidity among all North American countries. This is likely to impact the consumer goods industry in the region due to the disruption of supply and distribution chain. In addition, the lockdown scenarios are also impacting the overall manufacturing processes, research, and development activities pertaining to different industries.
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Key Market Segments
The wood outdoor furniture segment accounted for a larger share of the North America outdoor furniture market, by material, in 2018. The seating seats outdoor furniture segment accounted for a larger share of the North America outdoor furniture market, by product, in 2018. Moreover, the residential segment held the largest share of the market, by end user, in 2018.
Reasons to buy the report
- To understand the North America outdoor furniture market landscape and identify market segments that are most likely to guarantee a strong return
- To stay ahead by comprehending the ever-changing competitive landscape for the outdoor furniture market
- To efficiently plan M&A and partnership deals in the outdoor furniture market by identifying market segments with most promising probable sales
- To take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segments in the outdoor furniture market
- To obtain market revenue forecast for market by various segments from 2018 to 2027
The List of Companies – North America Outdoor Furniture Market
- Agio International Company, Ltd.
- Ashley Home Stores, Ltd.
- Barbeques Galore
- Brown Jordan
- Century Furniture LLC
- Home Crest Outdoor Living LLC.
- Inter Ikea Systems B.V.
- Keter Group
- Florida Patio Furniture Inc.
- Polywood
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