Global Outdoor Furniture Market Outlook, 2029

The outdoor furniture market boasts a rich history that traces back to ancient civilizations, where gardens and patios were adorned with purpose-built seating and decor, symbolizing status and hospitality. Over the centuries, the market has evolved dramatically, influenced by cultural shifts, design trends, and advancements in materials and manufacturing. Key factors driving the current market include the rising popularity of outdoor living spaces, increasing urbanization, and a growing emphasis on sustainability and eco-friendly materials. Homeowners and businesses alike are investing in stylish, durable outdoor furniture to enhance their patios, gardens, and commercial spaces, fostering a blend of functionality and aesthetic appeal. The competitive landscape of the outdoor furniture market is diverse, with prominent players such as IKEA, Williams-Sonoma, and Brown Jordan leading the charge. These companies compete by offering a wide range of products that cater to various tastes and budgets, from affordable, functional designs to high-end, luxurious collections. Innovation is a cornerstone of the market, with companies constantly exploring new materials like weather-resistant fabrics, sustainable woods, and lightweight metals to create durable and attractive furniture. Additionally, collaborations with designers and architects help brands stay ahead of trends and meet the evolving preferences of consumers.

According to the research report, “Global Outdoor Furniture Market Outlook, 2029” published by Bonafide Research, the market is anticipated to cross USD 240 Billion by 2029.Outdoor furniture is made to survive all weather conditions, including heat, cold, and rain, and is primarily used to provide comfort and pleasure to balconies. These goods provide a touch of elegance to areas like lawns, backyards, and gardens because they are low maintenance and multipurpose. The demand for these items has increased overall for both residential and commercial spaces due to their resistance to corrosion, fading, water exposure, and wear and tear from fixtures and fittings as well as their ability to withstand a variety of climatic situations. Fast urbanization and rising living standards have forced furniture producers to adapt their designs to evolving consumer tastes in order to stay on top of the newest trends in luxury and fashion. The majority of upholstery companies are reorienting their efforts to provide long-lasting, eco-friendly furnishings that are lightweight and do not negatively impacts the environment in order to serve a larger market.

Market Drivers

•Increased Demand for outside Living Spaces : As people look to create cozy and fashionable outside settings, there is an increasing demand for outdoor furniture due to people's desire for outdoor leisure and relaxation areas.
•Urbanization and Limited inside Space: Patios and balconies become vital expansions of living areas in urban regions where there is a shortage of inside space, which increases the need for portable and useful outdoor furniture.
•E-commerce and Online Shopping: The ease of shopping online; gives customers access to a large selection of outdoor furniture options, broadening the market and making comparison and purchase simpler.
•Sustainability and Eco-Friendly Preferences: Growing consumer awareness of the effects of climate change is driving demand for environmentally friendly outdoor furniture composed of sustainable materials.
•Global Tourism and Hospitality Industry: The need for outdoor furniture to outfit hotels, resorts, and outdoor eating spaces is a major driver of market expansion in the hospitality industry, particularly in popular tourist locations.
•Economic Growth and Disposable Income: Consumers' propensity to invest in outdoor furniture is influenced by economic growth and levels of disposable income, with higher income groups requesting more upscale and personalized options.

Market Challenges



•High Cost Of Premium Outdoor Furniture To Limit industry Growth:The high cost of premium outdoor furniture goods is one of the main factors limiting the growth of the global outdoor furniture industry. Because they are more expensive than standard outdoor furniture, premium items like fire pit sets and discussion sets are less popular with people who are budget conscious. Furthermore, the market expansion is impacted by the shifting costs of raw materials like plastic, wood, and aluminium that are utilized to make outdoor furniture. Another major obstacle to the market's expansion is the emergence of low-cost alternatives and the competitors' growing rivalry.

Market Trends

The largest portion of the market is held by the residential end-user segment. With over half of the market share overall, the residential sector led the application category of the market under study. Over the course of the projected period, the growing home sales combined with the growing use of garden furniture for aesthetics and décor will boost the segment's expansion. Backyards, lawns, balconies, and rooftop gardens all employ outdoor furniture to improve the aesthetics of the space and provide seating.

Based on the report, the Material segment segmented into wood, metal, plastic, textile & others. Wood segment is leading in the Outdoor furniture market due to it’s natural aesthetic appeal, durability, and sustainable characteristics favored by environmentally-conscious consumers.

In the Outdoor Furniture market, the wood sub-segment is experiencing notable growth, driven by a timeless appeal, sustainability considerations, and advancements in wood treatment technologies. Wood has long been cherished for its natural beauty, offering a warm and inviting aesthetic that enhances outdoor spaces with a sense of elegance and charm. Consumers increasingly prioritize sustainability, and wood from responsibly managed forests aligns well with eco-friendly preferences, appealing to environmentally conscious buyers. Moreover, innovations in wood treatment techniques, such as pressure-treated wood and weather-resistant coatings, have significantly enhanced the durability and longevity of outdoor wooden furniture. These advancements address concerns over weathering, decay, and insect damage, making wood a practical choice for enduring outdoor environments. Additionally, the versatility of wood allows for a wide range of design possibilities, from classic to contemporary styles, catering to diverse tastes and architectural aesthetics. Competitively, manufacturers and retailers in the outdoor furniture market capitalize on the popularity of wood by offering diverse selections that emphasize quality craftsmanship and sustainability credentials. Brands like Polywood, Trex Outdoor Furniture, and Teak Warehouse lead the wood segment with their commitment to using high-quality, sustainably sourced materials and delivering products that withstand the elements while retaining their natural beauty. As consumers continue to appreciate the blend of aesthetics, durability, and environmental responsibility that wood offers, the wood sub-segment remains a cornerstone of growth and innovation in the outdoor furniture market.

Based on the report, the End- User segment segmented into Residential & Commercial. Residential segment is growing in the Outdoor furniture market due to rising homeownership rates and increasing emphasis on creating functional and stylish outdoor living spaces.

In the Outdoor Furniture market, the residential sub-segment is experiencing significant growth, propelled by shifting lifestyles and the increasing emphasis on outdoor living spaces as extensions of home environments. As more homeowners seek to create inviting and functional outdoor areas, the demand for stylish and durable furniture has surged. Outdoor spaces are increasingly viewed as places for relaxation, entertainment, and social gatherings, prompting consumers to invest in furnishings that offer both comfort and aesthetic appeal. The residential sub-segment benefits from a growing trend towards home improvement and renovation projects that prioritize outdoor living. Homeowners are increasingly allocating budgets towards enhancing their yards, patios, and gardens, recognizing these spaces as integral parts of their living spaces. This shift is driven by a desire for a holistic approach to lifestyle and well-being, where outdoor areas serve as retreats for unwinding and connecting with nature.Furthermore, advancements in outdoor furniture materials and designs cater to the residential market's preferences for durability and low maintenance. Innovations in weather-resistant materials, sustainable woods, and easy-care fabrics ensure that outdoor furniture can withstand varying climates and require minimal upkeep, appealing to busy homeowners seeking functional yet stylish solutions.

North America is leading the Outdoor Furniture market due to high disposable incomes, a strong culture of outdoor living, and demand for quality leisure products, while APAC is the fastest-growing region driven by rapid urbanization, increasing affluence, and growing preference for outdoor lifestyles.

North America leads the Outdoor Furniture Market due to a combination of well-established consumer lifestyles, high disposable incomes, and a cultural emphasis on outdoor living and leisure. The region's diverse climate encourages homeowners to create comfortable and stylish outdoor spaces that can be enjoyed year-round, from cozy fire pits for winter gatherings to elegant patio sets for summer barbecues. Additionally, the presence of a robust home improvement industry and widespread access to expansive residential properties provide ample opportunities for consumers to invest in outdoor furniture. Leading brands and retailers in North America offer a wide range of high-quality, innovative products, meeting the demands of discerning customers who prioritize both aesthetics and functionality. Meanwhile, the Asia-Pacific (APAC) region is the fastest-growing market for outdoor furniture, driven by rapid urbanization, rising disposable incomes, and an increasing middle class with a growing interest in home and lifestyle enhancements. The APAC region's burgeoning real estate market, particularly in developing countries, is fueling demand for outdoor living solutions as new homeowners seek to furnish their balconies, gardens, and terraces. Additionally, the influence of Western lifestyle trends and a rising awareness of the benefits of outdoor leisure spaces are contributing to the market's expansion. Manufacturers in APAC are also capitalizing on this growth by offering a diverse range of stylish, affordable, and durable outdoor furniture options that cater to the varying tastes and preferences of a large, diverse population. As a result, the APAC region is experiencing a swift transformation in outdoor living, making it the fastest-growing market in the industry.

HNI Corporation declared in June 2023 that the purchase of Kimball International Inc. had been completed. The transaction creates the market leader with pro forma revenue of about $3 billion and combined EBITDA of roughly $305 million.
The U.S.-based outdoor furniture maker Andreu World launched a new store in Germany in July 2022. Renowned designers from around the world, including Patricia Urquiola, Philippe Starck, Alfredo Haberli, and Jasper, provided guidance on the production of the outdoor furniture items on show.

Competitive Landscape
There are both fresh entrants and a small number of established competitors in the market. A lot of major firms are concentrating more of their attention on the expanding outdoor furniture trend. To preserve market share, industry participants are broadening the range of services they provide.
Some of the key players operating in the outdoor furniture market include:
• Inter IKEA Systems B.V.
• Ashley Outdoor Furniture Industries, Inc.
• Brown Jordan Inc.
• Kenter
• Agio International Company, LTD
• Lloyd Flanders, Inc.
• Barbeques Galore
• Century Outdoor Furniture LLC.
• Aura Global Outdoor Furniture
• Kimball International Inc.

Considered in this report
• Historic year: 2018
• Base year: 2023
• Estimated year: 2024
• Forecast year: 2029

Aspects covered in this report
• Outdoor Furniture Market Outlook with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Material
• Wood
• Metal
• plastic
• Textile
• Others

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

By End- user
• Residential
• Commercial

By Price Range
• High end
• Medium Low

The approach of the report:
This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, and government-generated reports and databases. After gathering the data from secondary sources, primary research was conducted by conducting telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started making primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources.

Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations, and organizations related to the Outdoor Furniture industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry.