Outdoor Furniture Market Size, Share, Growth & Industry Analysis, By Type (Tables, Chairs, Dining Sets, Others), By Material Type (Wood, Plastic, Metal, Others), By Sales Channel (Department Stores, Specialty Furniture Stores, Wholesalers/Distributors, Online Retailers) and Regional Analysis, 2024-2031

Outdoor Furniture Market Size

The global Outdoor Furniture Market size was valued at USD 40.38 billion in 2023 and is projected to reach USD 65.82 billion by 2031, growing at a CAGR of 6.40% from 2024 to 2031. The market is witnessing robust expansion, propelled by the growing significance of customer satisfaction in contemporary businesses.

In the scope of work, the report includes products offered by companies such as Century Furniture LLC., Aura Global Furniture, Royal Botania, Agio International Company, LTD., Kartell, Trex Outdoor Furniture, Hartman B.V., Inter IKEA Systems B.V., DEDON GmbH, GLOSTER FURNITURE GMBH and Others.

The outdoor furniture market is experiencing significant growth, driven by the increasing preference for outdoor living spaces among consumers worldwide. As urbanization continues to rise, especially in emerging economies, there is a growing demand for outdoor furniture to enhance and maximize the functionality of limited outdoor areas.

Additionally, the rising trend of outdoor entertainment and leisure activities, along with the growing awareness of health and wellness benefits associated with outdoor living, is fueling the demand for outdoor furniture.

Moreover, advancements in materials and technology have led to the development of innovative and durable outdoor furniture solutions, tailored to cater to diverse consumer preferences and lifestyles. Furthermore, the growing focus on sustainability and eco-friendly practices is influencing purchasing decisions, prompting manufacturers to offer environmentally responsible outdoor furniture options.

With increasing purchasing capacities and improving standards of living among individuals, the global outdoor furniture market is poised to witness sustained expansion over the forecast period.

The global outdoor furniture market encompasses the manufacturing, distribution, and sale of furniture specifically designed for outdoor use in various settings, including residential, commercial, and hospitality sectors. This market includes a wide range of products, such as chairs, tables, loungers, umbrellas, and accessories, all crafted from materials suitable for outdoor conditions.

Analyst’s Review 

Rapid urbanization, rising disposable incomes, and growing awareness of the benefits associated with outdoor living are propelling the growth of the outdoor furniture market. Key players in the market are strategically focusing on product innovation, including the development of eco-friendly materials and multifunctional designs, to cater to evolving consumer preferences.

Furthermore, expansion into emerging markets, leveraging digital platforms for enhanced reach, and strategic partnerships for distribution channels are being adopted by key players. Among intensifying competition, differentiation through quality, design, and sustainability remains critical for market players to maintain a competitive edge and capitalize on growth opportunities.

Outdoor Furniture Market Growth Factors

The ongoing trend of rapid urbanization has significantly influenced the growth trajectory of the outdoor furniture market, particularly due to the emergence of balcony culture. As urban living spaces are becoming increasingly compact, consumers are seeking ways to maximize the utility of their balconies and rooftops. This has led to a surge in demand for compact, foldable, and multi-functional outdoor furniture solutions that effectively utilize limited outdoor spaces while maintaining both style and functionality.

Additionally, the growing emphasis on health and wellness has bolstered the demand for outdoor furniture that facilitates relaxation and enhances outdoor living experiences. Consumers are increasingly prioritizing spending time outdoors for their well-being, which is driving the need for furniture pieces that integrate features promoting relaxation, such as hammocks, swinging chairs, and outdoor chaise lounges.

Manufacturers are adapting their product offerings to align with evolving consumer preferences, with a major focus on compactness, functionality, and wellness-oriented design elements. This strategic approach allows them to capitalize on the growing market opportunities presented by urbanization and the prevailing wellness trend.

However, fluctuating raw material prices pose a significant challenge to the development of the outdoor furniture market, given its heavy reliance on materials such as wood, metal, and plastic. These fluctuations lead to uncertainty in production costs and consequently affect the supply chain. Companies are increasingly employing strategies such as hedging contracts, diversifying sourcing channels, and investing in alternative materials to reduce dependence on volatile raw material markets.

Outdoor Furniture Market Trends

The transition from traditional materials to low-maintenance and weather-resistant options, such as wicker, aluminum, and synthetic rattan, is fueling market expansion. This reflects a growing demand for durable and easy-to-care outdoor furniture solutions among consumers.

Additionally, the concept of merging indoor and outdoor spaces in furniture design is contributing significantly to market growth. Furniture featuring clean lines, neutral tones, and multi-functionality is gaining immense popularity, allowing a seamless transition between indoor and outdoor environments.

Moreover, the rise of online furniture sales is presenting significant opportunities for market players, enabling extended consumer reach. Companies are prioritizing user-friendly online experiences and offering features such as augmented reality to visualize furniture in real spaces. This trend is resulting in enhancing convenience and expanding reach to a wider consumer base.

Segmentation Analysis

The global outdoor furniture market is segmented based on type, material type, sales channel, end user, and geography.

By Type

Based on type, the market is categorized into tables, chairs, dining sets, and others. The tables segment generated the highest revenue of USD 17.59 billion in 2023. The increasing popularity of outdoor dining and entertaining activities among consumers worldwide is mainly driving the growth of the segment. As outdoor spaces are becoming extensions of living areas, there is a growing demand for functional and aesthetically pleasing outdoor tables to accommodate dining and socializing needs.

Additionally, the rise of outdoor leisure and relaxation trends is contributing to the demand for tables suitable for activities such as ‘alfresco dining’, family gatherings, and outdoor workspaces, thereby supporting the expansion of the segment.

By Material Type

Based on material type, the market is divided into wood, plastic, metal, and others. The wood segment captured the largest share of 41.08% in 2023. The dominance of this segment is attributed to the natural aesthetics, durability, and timeless appeal offered by wooden furniture.

Moreover, the increasing emphasis on sustainability and eco-conscious consumerism is contributing to the demand for outdoor furniture made from responsibly sourced or recycled wood materials. Manufacturers are leveraging certified wood and implementing sustainable forestry practices to enhance the attractiveness of wood furniture to environmentally conscious consumers.

Additionally, innovations in wood treatment technologies and finishes are enhancing the longevity and weather resistance of outdoor wood furniture, thereby stimulating the growth of the segment.

By Sales Channel

Based on sales channel, the market is categorized into department stores, specialty furniture stores, wholesalers/distributors, and online retailers. The online retailers segment is poised to witness the highest growth at a CAGR of 8.47% over 2024-2031. This growth trajectory is fostered by the expanding digital landscape and shifting consumer preferences toward online shopping for outdoor furniture.

The convenience, accessibility, and wider product selection offered by online retailers appeal to modern consumers seeking seamless shopping experiences. Moreover, the integration of advanced technologies such as augmented reality for virtual product visualization enhances online shopping experiences, thereby boosting online sales.

Manufacturers and retailers are investing in the development of robust e-commerce platforms, user-friendly interfaces, and omnichannel strategies to effectively capitalize on the growth potential of the online retailers’ segment, thereby tapping into a broader consumer base.

Outdoor Furniture Market Regional Analysis

Based on region, the global outdoor furniture market is classified into North America, Europe, Asia-Pacific, MEA, and Latin America.

The North America Outdoor Furniture Market share stood around 35.98% in 2023 in the global market, with a valuation of USD 14.53 billion. The regional market is influenced by the growing trend of DIY culture, wherein easily accessible and easy-to-assemble outdoor furniture kits are gaining traction.

These kits cater to consumers who prefer hands-on projects. Additionally, the growing preference for staycations, driven by rising travel costs, highlights the importance of creating comfortable and inviting outdoor spaces. This trend has led to an increased demand for quality outdoor furniture that enhances backyard and patio environments.

Moreover, the development of smart and connected outdoor furniture solutions presents significant opportunities for regional market growth due to early technology adoption. Integrating features such as lighting, speakers, and temperature control within the furniture products enhances the outdoor experience and appeals to consumers who prioritize convenience and innovation.

Furthermore, targeting millennial homeowners presents a promising opportunity for growth, as this demographic values budget-friendly, stylish, and socially shareable outdoor furniture sets that align with their lifestyle preferences.

Asia-Pacific is anticipated to witness the highest growth at a CAGR of 7.75% between 2024 and 2031 majorly driven by rising purchasing capacities. The demand for outdoor furniture is expected to increase, as consumers seek to enhance their outdoor living spaces with quality furnishings. Additionally, government infrastructure projects aimed at urban development and the creation of public spaces stimulate demand for outdoor furniture, particularly for parks, gardens, and recreational areas.

Furthermore, the development of affordable and easy-to-maintain outdoor furniture sets is addressing the needs of the growing population, offering budget-friendly options crafted from weather-resistant materials. Moreover, the expansion of the hospitality sector in popular tourist destinations presents lucrative opportunities, as the booming tourism industry creates demand for high-quality and durable outdoor furniture suitable for hotels, resorts, and commercial properties.

Competitive Landscape

The global outdoor furniture market report will provide valuable insight with an emphasis on the fragmented nature of the industry. Prominent players are focusing on several key business strategies such as partnerships, mergers and acquisitions, product innovations, and joint ventures to expand their product portfolio and increase their market shares across different regions.

Strategic initiatives, including investments in R&D activities, the establishment of new manufacturing facilities, and supply chain optimization, are foreseen to create new opportunities for market growth.

List of Key Companies in Outdoor Furniture Market

• Century Furniture LLC.
• Aura Global Furniture
• Royal Botania
• Agio International Company, LTD.
• Kartell
• Trex Outdoor Furniture
• Hartman B.V.
• Inter IKEA Systems B.V.
• DEDON GmbH
• GLOSTER FURNITURE GMBH

Key Industry Developments 

• January 2024 (Acquisition): Twin Star Home, a prominent player in indoor and outdoor home furnishings across various sales channels, acquired Grand Basket, known for its premium outdoor patio furniture and accessories in the North American market. Twin Star operates under Z Capital Partners, L.L.C., a subsidiary of Z Capital Group, L.L.C., a prominent privately-owned merchant bank  

The Global Outdoor Furniture Market is Segmented as:

By Type

• Tables
• Chairs
• Dining Sets
• Others

By Material Type

• Wood
• Plastic
• Metal
• Others

By Sales Channel

• Department Stores
• Specialty Furniture Stores
• Wholesalers/Distributors
• Online Retailers

By End User

• Residential
• Commercial

By Region

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • France
  • U.K.
  • Spain
  • Germany
  • Italy
  • Russia
  • Rest of Europe
• Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Rest of Asia-Pacific
• Middle East & Africa
  • GCC
  • North Africa
  • South Africa
  • Rest of Middle East & Africa
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America