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Outdoor Furniture Market Current Trends Analysis and Growth Projection over 2019 – 2024

Author : Rahul Varpe | Published Date : 2019-09-14 

North America and Europe in Outdoor furniture market are set to offer significant profit generation opportunities to global manufacturers owing to increasing per capita income, shifting lifestyle patterns, and the rising trend of organizing family get-together & dinners in home gardens. In addition to this, the growth in geriatric population will trigger demand for comfort-enhancing outdoor furniture products such as recliners, loungers, adjustable seats, and day beds. In general, there has been a surge in the willingness to spend on luxurious furniture items among homeowners which is adding impetus to the outdoor furniture market growth from residential applications.

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Outdoor furnishing in residential areas is aimed at creating a finely integrated, soothing, and cohesive space that not just looks astonishing but also functions excellently and augments the pleasure one gets out of the outdoor living area. Apparently, the residential segment emerged dominant in outdoor furniture market in 2017, with a share of 60%.

Global Outdoor Furniture Market will emerge as the strong revenue pocket for the overall furniture industry. The growing inclination towards visually appealing as well as comforting landscape designs will spur the demand for outdoor furniture, thereby augmenting the industry trends in the years ahead.

Outdoor Furniture Market, by Product:

  • Chairs
  • Tables
  • Seating sets
  • Dining sets
  • Loungers & day beds
  • Others

Important pointers encompassed pertaining to the product spectrum:

  • Substantial details about the product spectrum are provided in the report.
  • The study mentions about the valuation estimate of each of the product categories in detail, by the end of the forecast period.
  • The market share that each of the product segments account are mentioned in the study.
  • The trends that the product landscape is defined by are also contained in the report.

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Danube Home, a leading home decoration company based in the Middle East, has recently introduced its exclusive Garden Collection 2019 during a launch ceremony in Salmabad, Bahrain. As a part of the garden range launch, a new 2018/19 catalogue was announced which features over 1,500 items, offering an all-inclusive guide for outdoor furniture, décor accessories, and lifestyle elements. The newest collection also encompasses a wide range of bold and vivacious products such as an all in one gazebo, furniture with lighting, convertible benches, an Arabic majlis, sofa with utility function (added table), wall fountain, modular collection, outdoor kitchen with BBQ, and much more.

Outdoor furniture market has experienced a noteworthy upsurge in the last few years, chiefly influenced by an improvement in the standards of living. The industry trends have undergone a change of dynamics on account of the availability of countless furnishing options and burgeoning expenditure on exterior decor, especially by urban population. With the surging popularity of outdoor living spaces, the concept of outdoor housing has ascended as a prominent trend. Without a doubt, the outdoor homing trend has increased sales of outdoor furniture, especially patio furniture ranges. For example, nowadays spacious lounges and wide armchairs are a common choice for large patio furniture landscapes amid comfort-seekers.

Other important pointers encompassed pertaining to the Outdoor Furniture market:

  • The report includes major details regarding the market.
  • The study mentions information about the revenue estimate of the market by the end of the forecast duration.
  • The market share accounted for each of the segments are discussed in the report.
  • The study also discusses the ongoing and future trends defining the Outdoor Furniture market.

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https://www.gminsights.com/industry-analysis/outdoor-furniture-market

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About Author

Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for fractovia. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. Apart from being an avid reader, his other hobbies include music and sketching. He can be contacted at- [email protected] | https://twitter.com/varperahul

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