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The Outdoor Furniture Market is segmented by Material, Product, End User, and Geography.
Fastest Growing Market:
The outdoor furniture market is expected to register a CAGR of 5% during the forecast period. Globally, consumer spending and traveling by tourists have increased. These trends are mainly observed in seaside areas, hill stations, scenic beauty places, and historical monuments, which in turn, leading to the increasing number of hotels, resorts, open spaces, and public gardens. Thus, the increasing number of hotels and restaurants may drive the outdoor furniture market during the forecast period.
A complete background analysis of the outdoor furniture market, including the assessment of the economy and contribution of the sectors in the economy, market overview, market size estimation for key segments and emerging trends in the market segments, market dynamics and insights, and key statistics, is covered in the report.
|Loungers and Daybeds|
|Middle East & Africa|
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The residential sector dominated the application segment of the market studied and accounted for over 60% share in 2017. The increasing usage of garden furniture for decor and aesthetics, coupled with the increasing household sales, is supporting the segment growth over the forecast period. Outdoor furniture is used in backyards, lawns, balconies, and rooftop gardens for enhancing the overall household appeal and facilitating seating.
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The Asia-Pacific outdoor furniture market is anticipated to witness a healthy growth rate, in terms of volume, during the forecast period. International tourism is gaining strong attention in countries including China, Malaysia, South Korea, Singapore, and India. Thailand is among the most attractive tourism countries, along with Singapore and China. In 2016, in Thailand, around 32.6 million international arrivals were recorded.
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The report covers major international players operating in the outdoor furniture market. In terms of market share, few of the major players currently dominate the market. The global industry share is highly fragmented, with a large presence of industry players at the global and regional level. The manufacturers are involved in developing their supply chain network to capture a competitive share in the market.
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Value Chain / Supply Chain Analysis
4.5 Porters 5 Force Analysis
4.5.1 Threat of New Entrants
4.5.2 Bargaining Power of Buyers/Consumers
4.5.3 Bargaining Power of Suppliers
4.5.4 Threat of Substitute Products
4.5.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.2.3 Seating Sets
5.2.4 Loungers and Daybeds
5.2.5 Dining Sets
5.3 End User
5.4.1 North America
5.4.2 South America
5.4.4 Middle East & Africa
6. COMPETITIVE LANDSCAPE
6.1 Mergers & Acquisitions
6.2 Company Profiles
6.2.1 Ashley Furniture Industries Inc.
6.2.2 Inter IKEA Group
6.2.3 Century Furniture
6.2.4 Agio International Company Limited
6.2.5 Brown Jordan
6.2.6 Barbeques Galore
6.2.7 Keter Group
6.2.8 Lloyd Flanders
6.2.9 Homecrest Outdoor Living LLC
6.2.10 Adams Manufacturing
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject to Availability