Market revenue in 2022 | USD 12,763.5 million |
Market revenue in 2030 | USD 19,215.4 million |
Growth rate | 5.2% (CAGR from 2022 to 2030) |
Largest segment | Wood |
Fastest growing segment | Metal |
Historical data | 2017 - 2021 |
Base year | 2022 |
Forecast period | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Wood, Plastic, Metal |
Key market players worldwide | HNI Corp, Inter Ikea, Brown Jordan, Ashley Furniture Industries, Agio International Company, Lloyd Flanders, Barbeques Galore, Century Furniture |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to outdoor furniture market will help companies and investors design strategic landscapes.
Wood was the largest segment with a revenue share of 66.11% in 2022. Horizon Databook has segmented the U.S. outdoor furniture market based on wood, plastic, metal covering the revenue growth of each sub-segment from 2017 to 2030.
The U.S. is the leading consumer of outdoor furniture in North America. The presence of companies such as Brown Jordan and Forever Patio, the availability of innovative and trendy furniture products in the market, and the willingness of consumers to spend on home furnishings, including outdoor furniture, are among the key factors fueling the U.S. market.
With increased demand for outdoor furniture for various settings, direct retailers and furniture stores have been increasing their offerings to keep up with the demand. For instance, in April 2022, stars of an HGTV home renovation show launched an outdoor décor line with retail giant Walmart.
Dave and Jenny Marrs launched the Marrs Collection by Better Homes & Gardens, which features 30 outdoor furniture and décor items in an elevated and livable style to create the perfect backyard setup. The warm capsule collection includes a Teak Wood Outdoor Dining Table.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. outdoor furniture market , including forecasts for subscribers. This country databook contains high-level insights into U.S. outdoor furniture market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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