United States Outdoor Furniture Market Size
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 10.10 Billion |
| Market Size (2029) | USD 13.02 Billion |
| CAGR (2024 - 2029) | 5.21 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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United States Outdoor Furniture Market Analysis
The United States Outdoor Furniture Market size is estimated at USD 10.10 billion in 2024, and is expected to reach USD 13.02 billion by 2029, growing at a CAGR of 5.21% during the forecast period (2024-2029).
The US outdoor furniture market is witnessing a surge, propelled by the rising demand for patio heating products in residential and commercial settings. Additionally, there is a notable shift toward eco-friendly outdoor furniture. However, the market's long replacement cycle is a significant challenge, which is expected to hamper its growth. The outdoor furniture market is primarily driven by the escalating demand from hotels, resorts, public gardens, and open spaces. These trends are particularly prominent in coastal regions, hill stations, scenic locales, and historical sites. With the growing number of hotels and restaurants, the market is poised for further growth in the coming years. Moreover, consumers are increasingly focusing on enhancing their outdoor spaces, such as balconies, gardens, and porches, with aesthetically pleasing and comfortable designs, further fueling the market’s growth.
The US outdoor furniture market has experienced significant growth in recent years. Factors like increased consumer spending, a surge in global tourism, a thriving residential and commercial construction sector, product design innovations, and portfolio expansions have been key drivers. Notably, the demand for patio heating products in commercial and residential spaces is increasing, further fueling market growth. The demand for eco-friendly outdoor furniture is on the rise, bolstered by the availability of versatile options and a notable uptick in online sales. The hospitality sector, encompassing hotels and restaurants, is set to be a key driver in shaping the outdoor furniture market.
Consumers are increasingly investing in outdoor furniture for their homes as they have more financial capacity for leisure spending. Homeowners are focused on creating visually appealing sitting areas in their gardens or balconies. Lounge chairs, seating sets, and tables are the top revenue generators in the outdoor furniture market. While the residential sector remains a significant market, the commercial sector is witnessing faster adoption of outdoor furniture. This stems from multiple factors, such as an uptick in travel, a heightened desire for unique experiences, and evolving lifestyles. Manufacturers are proactively capitalizing on this trend in the commercial sector to enhance their sales.
United States Outdoor Furniture Market Trends
Rising Demand for Outdoor Living Spaces is Driving the Growth of the Market
The United States is witnessing rising demand for outdoor furniture, fueled by the growing trend of people seeking to create inviting and comfortable outdoor spaces. This surge can be attributed to the desire to extend living areas beyond homes, a heightened interest in outdoor entertainment, and a greater emphasis on wellness and nature. Consumers prioritize outdoor furniture that is stylish, durable, and capable of withstanding the elements. Consequently, there are several options available in the market, ranging from traditional patio sets to cutting-edge designs. Manufacturers and retailers are diversifying their offerings and investing in new technologies and materials. The increasing popularity of outdoor living trends, such as outdoor kitchens, fire pits, and lounges, further propels this market’s expansion. Homeowners are increasingly seeking a seamless blend between their indoor and outdoor spaces, maximizing their outdoor living areas.
Patio heaters are witnessing a surge in demand, primarily in commercial settings like pubs, lounges, cafes, and restaurants. This uptick can be attributed to the rising number of establishments, especially those with outdoor dining areas. Commercial customers show a strong preference for natural gas and propane patio heaters. Several players in the US outdoor furniture market offer patio heaters with distinct designs to stand out in the market. Notably, patio heaters are also gaining traction among residential users. As awareness about these products grows, more homeowners are incorporating patio heaters into their outdoor spaces. Consequently, there has been a notable uptick in patio heater sales in the residential sector. Given this trend, the demand for patio heaters in commercial and residential spaces is poised to fuel market growth in the coming years.
Increase in the Disposable Income is Expected to Drive the Growth of the Market
The US outdoor furniture market is witnessing robust growth, primarily driven by the surge in consumer disposable income. With more financial resources, consumers are increasingly investing in outdoor furniture to elevate their living spaces. The rising trends of outdoor entertainment and dining further fuel the demand for outdoor furniture. Consumers are keen on creating inviting and comfortable outdoor spaces, leading to a surge in sales of outdoor dining sets, loungers, and other furniture pieces. Buoyed by their rising disposable income, homeowners are increasingly focusing on enhancing their gardens and balconies with attractive seating arrangements. Moreover, the choice of outdoor furniture is significantly influenced by external climatic conditions, with factors like weather and insect resistance playing a pivotal role in the selection process. This trend is not confined to residential spaces; restaurants and cafes are also embracing outdoor dining options in the United States.
This shift toward outdoor dining is expected to notably impact the market, increasing the demand for furniture from hotels and cafes. Online distribution channels are pivotal in shaping the market landscape. These channels offer a wide range of brands at competitive prices and attract a more extensive customer base, fueling market growth. As digitization gains momentum, with a surge in mobile usage and improved internet connectivity, companies are increasingly transitioning from traditional brick-and-mortar transactions to e-commerce portals. Manufacturers leverage online platforms, including portals and third-party retailers, to enhance product visibility, especially in emerging markets. Success in the market hinges on factors such as competitive pricing, a robust distribution network, and brand recognition. Customers prioritize luxury, elegance, and versatility when shopping for outdoor furniture. They are drawn to items that balance trendiness and durability while being easy to maintain. Notably, outdoor fire pit sets and conversation sets are gaining traction among millennials.
United States Outdoor Furniture Industry Overview
The outdoor furniture market in the United States is consolidated, with larger companies actively acquiring smaller ones to expand their market share. This consolidation is primarily driven by the pursuit of economies of scale, bolstered distribution networks, and the ability to diversify product offerings. Some major players in the market include Ashley Furniture Industries Inc., Berkshire Hathaway Inc., Brown Jordan Inc., Home Depot Product Authority LLC, and Inter IKEA Systems BV.
United States Outdoor Furniture Market Leaders
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Ashley Furniture Industries Inc.
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Berkshire Hathaway Inc.
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Brown Jordan Inc.
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Home Depot Product Authority LLC
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Inter IKEA Systems BV
*Disclaimer: Major Players sorted in no particular order
United States Outdoor Furniture Market News
- March 2024: Ashley Home, an affiliate of Ashley Global Retail, acquired Resident Home, the parent company behind popular mattress brands Nectar, DreamCloud, Awara, and Siena.
- January 2024: IKEA's expansion drive recorded a new store opening in Japan's north Kanto region. Ingka Group, the leading retailer of IKEA, plans to bolster its global presence with over 50 new locations. The latest addition was Maebashi, a city of 330,000 residents, just a two-hour drive from Tokyo. Strategically located, the store aims to serve Maebashi and the broader region, home to over seven million people.
US Outdoor Furniture Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS AND DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Growth of Restaurant and Hotel Chains
4.2.2 Increasing Residential Spending on Luxurious Furnishings is Driving the Market
4.3 Market Restraints
4.3.1 Supply Chain Disruptions are Restraining the Market
4.4 Market Opportunities
4.4.1 Sustainable and Eco-Friendly Designs Creates Demand for Outdoor Furniture
4.4.2 Innovations and Technological Advancements will Create Market Opportunities in Outdoor Furniture Market
4.5 Insights on Technological Advancements and Sustainability Factors
4.6 Industry Value Chain Analysis
4.7 Industry Attractiveness: Porter's Five Forces Analysis
4.7.1 Threat of New Entrants
4.7.2 Bargaining Power of Buyers/Consumers
4.7.3 Bargaining Power of Suppliers
4.7.4 Threat of Substitute Products
4.7.5 Intensity of Competitive Rivalry
4.8 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
5.1 Product Type
5.1.1 Chairs
5.1.2 Tables
5.1.3 Seating Sets
5.1.4 Loungers and Daybeds
5.1.5 Dining Sets
5.1.6 Other Product Types
5.2 End User
5.2.1 Commercial
5.2.2 Residential
5.3 Distribution Channel
5.3.1 Supermarkets and Hypermarkets
5.3.2 Specialty Stores
5.3.3 Online Retail
5.3.4 Other Distribution Channels
6. COMPETITIVE LANDSCAPE
6.1 Market Concentration Overview
6.2 Company Profiles
6.2.1 Ashley Furniture Industries Inc.
6.2.2 Barbeques Galore
6.2.3 Berkshire Hathaway Inc.
6.2.4 Brown Jordan Inc.
6.2.5 Century Furniture LLC
6.2.6 Herman Miller Inc.
6.2.7 Home Depot Product Authority LLC
6.2.8 Inter IKEA Systems BV
6.2.9 Lowe's Companies Inc.
6.2.10 Williams-Sonoma Inc.
6.2.11 Lloyd Furnitures
6.2.12 Tropitone*
- *List Not Exhaustive
7. MARKET FUTURE TRENDS
8. DISCLAIMER AND ABOUT US
United States Outdoor Furniture Industry Segmentation
Outdoor furniture, designed for use in patios, gardens, decks, and other outdoor spaces, is crafted from robust materials to withstand the elements, including rain, sun, wind, and snow. This type of furniture encompasses a range of items, such as tables, chairs, lounges, benches, and umbrellas. Their purpose is to offer functionality and elevate the aesthetic, enriching the outdoor living experience.
The US outdoor furniture market is segmented by product type, distribution channel, and end user. The market is segmented by product type into chairs, tables, seating sets, loungers and daybeds, and dining sets. By end user, the market is segmented into residential and commercial. The market is segmented by distribution channel into supermarkets and hypermarkets, specialty stores, and online retail. The report offers market sizes and forecasts in terms of value (USD) for all the above segments.
| Product Type | |
| Chairs | |
| Tables | |
| Seating Sets | |
| Loungers and Daybeds | |
| Dining Sets | |
| Other Product Types |
| End User | |
| Commercial | |
| Residential |
| Distribution Channel | |
| Supermarkets and Hypermarkets | |
| Specialty Stores | |
| Online Retail | |
| Other Distribution Channels |
US Outdoor Furniture Market Research FAQs
How big is the United States Outdoor Furniture Market?
The United States Outdoor Furniture Market size is expected to reach USD 10.10 billion in 2024 and grow at a CAGR of 5.21% to reach USD 13.02 billion by 2029.
What is the current United States Outdoor Furniture Market size?
In 2024, the United States Outdoor Furniture Market size is expected to reach USD 10.10 billion.
Who are the key players in United States Outdoor Furniture Market?
Ashley Furniture Industries Inc., Berkshire Hathaway Inc., Brown Jordan Inc., Home Depot Product Authority LLC and Inter IKEA Systems BV are the major companies operating in the United States Outdoor Furniture Market.
What years does this United States Outdoor Furniture Market cover, and what was the market size in 2023?
In 2023, the United States Outdoor Furniture Market size was estimated at USD 9.57 billion. The report covers the United States Outdoor Furniture Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the United States Outdoor Furniture Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
What factors have contributed to the growth of the Outdoor Furniture Market in the United States?
The factors that contributed to the growth of the Outdoor Furniture Market in the United States are a) Increased residential and commercial construction b) Rise in consumer spending and traveling trends and demand for patio heating products c) Growing popularity of environment-friendly outdoor furniture
Which product segment dominates the US Outdoor Furniture Market?
Based on product the seating segment dominates the US Outdoor Furniture Market.
What factors have contributed to the growth of the Outdoor Furniture Market in the United States?
The factors that contributed to the growth of the Outdoor Furniture Market in the United States are a) Increased residential and commercial construction b) Rise in consumer spending and traveling trends and demand for patio heating products c) Growing popularity of environment-friendly outdoor furniture
US Outdoor Furniture Industry Report
The US outdoor furniture market is experiencing significant market growth, driven by an increasing demand for patio heating products in both residential and commercial sectors. This market expansion is supported by rising disposable incomes and a preference for aesthetically pleasing outdoor spaces. In the residential sector, the market size is particularly influenced by the growing trend of creating inviting outdoor living areas. In the commercial sector, especially within the hospitality industry, there is a notable push towards enhancing outdoor spaces to attract more customers.
The market is comprehensively segmented by product type, distribution channel, and end-user, catering to diverse needs with a variety of outdoor furniture and accessories. Key product types include chairs, tables, seating sets, loungers and daybeds, dining sets, and other product types. Distribution channels range from supermarkets and hypermarkets to specialty stores and online retail, ensuring widespread availability and convenience for consumers.
A significant trend in the industry is the shift towards eco-friendly outdoor furniture, driven by heightened environmental awareness among consumers and manufacturers. This move towards sustainability is a critical aspect of the industry's growth rate and market outlook. Despite challenges such as the long replacement cycle of high-quality furniture, the market's resilience is evident through continuous innovation and adaptation.
For those interested in detailed market data, industry analysis, and market segmentation, Mordor Intelligence™ offers a comprehensive free report PDF download. This report includes valuable insights into market trends, industry statistics, market share, and market predictions. It also provides an in-depth industry research and market review, highlighting the key market leaders and their strategies.
The industry's focus on sustainable solutions and the increasing preference for stylish and functional outdoor spaces underscore the positive market forecast and industry outlook. As the market continues to evolve, the availability of detailed industry reports and research companies will be crucial for stakeholders to stay informed and make strategic decisions.
