Luxury Outdoor Furniture Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Duresta Upholstery Ltd., Muebles Pico, Valderamobili, Giovanni Visentin

Registering a CAGR of 3.4% over the forecast period of 2022-2027, the global Luxury Outdoor Furniture market is anticipated to reach the market value of US$ 2742.7 in the year 2027 from US$ 2135.7 million in the year 2021.

Luxury Outdoor Furniture Market Overview

Luxury outdoor furniture refers to the movable pieces of furniture which showcase the best of elite quality. Luxury outdoor furniture is made from metal, glass, wood, plastic, etc which emphases on adding to the aesthetic value of an formation such as offices, hotels, or any other outdoor area. The rise in demand for outdoor restaurants, hotels, etc. is the main driver for the evolution of Luxury outdoor furniture market. Increasing consumer likings for the high quality and fashionable outdoor seating as well as the growing revenue of the population is anticipated to drive the demand for luxury outdoor furniture products. The growing trend of garden e-commerce is likely to increase the online furniture shopping activities and thereby, the outdoor furniture commercial.

According to the Committee on Climate Change Organisation, there were 29 million homes in the U.K. as of 2019, and the U.K. government is expected to raise 1.5 million new household living spaces by 2022. Further, the rising trend of nuclear families has given increase to the housing demand and thereby, flourishes the growing of the upholstery industries.

Industry News And Developments:

January 2020, Twin Star Home, a residential furniture acquired TK CLASSICS, an outdoor furniture manufacturer to rise its market place and to increase the product portfolio in outdoor living.

October 2019, Gabriella White LLC., an outdoor and indoor furniture brand acquired a North Carolina based Standford Furniture Corp. to expand the company’s retail footprint and to secure US upholstery capabilities.

May 2019, Williams-Sonoma, Inc., a retailer of home furniture has announced its partnership with Golden State Warriors, Chase Center. As per this partnership agreement, Williams-Sonoma will be official furniture and home design partner of the Warriors.

Who are the Major Players in Luxury Outdoor Furniture Market?

The Luxury Outdoor Furniture Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, the prices they charge. These are the main players in this market includes Duresta Upholstery Ltd., Muebles Pico, Valderamobili, Giovanni Visentin, Scavolini, Laura Ashley, Iola Furniture Ltd., Nella Vetrina, Henredon Furniture Industries Inc, and Turri S.r.l.,Brown Jordan, MR DEARM, The Keter Group, COMFORT, Artie, Fischer Mobel GmbH, Linya Group, DEDON, Gloster, HIGOLD, Barbeques Galore, Patio Furniture Industries, Yotrio Corporation, Lloyd Flanders, Trex Company (Polyx Wood), Rattan, KETTAL, Homecrest Outdoor Living, Tuuci, Emu Group, Royal Botania, Treasure Garden Incorporated, Agio International Company Limited, Hartman and others.

Luxury Outdoor Furniture Market provides details by vendors, including company total revenue (financials), company overview, market potential, global presence, his business report briefly talks about market performance of each business sector covering growth factors and sales volume. this analysis provides the This Luxury Outdoor Furniture Market analysis report provides recent trends, granular level data covering market size and share. It provides all the recent updates about CORONA virus and its impact on world economy and human health. By getting this data, key players can obtain profit making and right business opportunities for future growth. Its further guides to increase the product demand and business expansion.

What are the major Applications, Types and Regions for Luxury Outdoor Furniture Market?

Luxury Outdoor Furniture Market is segmented based on the type, applications, companies and regions.

By Type, it is segmented into

• Metal


• Plastic


• Wood


• Glass


• Leather


• Others

By Applications it is segmented into

• Domestic Use


• Commercial Use

Luxury Outdoor Furniture Market Regional Analysis

Asia Pacific is expected to grow at a faster rate for the global outdoor luxury furniture market owing to the increasing housing facilities in the region which further drives the demand for luxury outdoor furniture.

North market is anticipated to hold the major share of the global luxury outdoor furniture market owing to the occurrence of the prominent companies associated with the outdoor seating business such as SEIGER GmbH, Summit Furniture Inc., General Products Inc., and many others in the countries such as the United States, and Canada. Huge import of the furniture seating items indicates more demand for wood furniture in the United States. As per the United Nations Economic Commission for Europe (UNEC), in the U.S., import of the upholstered furniture items has enlarged by 10% from June 2017 to June 2018.  

European region is anticipated to embrace a considerable share of the global market owing to the rising import of the garden furniture in the European region. According to the CBI Ministry of Foreign Affairs, complete imports for the garden furniture in the European region has enlarged from USD 523.87 million in 2014 to 621.11 million by 2018.

• North America
  
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

The Luxury Outdoor Furniture Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Luxury Outdoor Furniture Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.

What is our Luxury Outdoor Furniture Market report scope?

Scope of the Report covers Luxury Outdoor Furniture Market with detailed analysis of the overall scenario for the market. It also highlights the business participants environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this {Product Name} Market analysis report as it has vital details to provide about regional markets, expected opportunities for the prediction time period 2021-2026. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how worldwide market is working through efficient information graphics.

Key Takeaways from this Luxury Outdoor Furniture Report

• Evaluate Luxury Outdoor Furniture market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.


• Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.


• Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.


• Analyze the sales and distribution channels across geographies to enhance top-line revenues.


• Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.


• Get a quick outlook on the Luxury Outdoor Furniture market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.


• Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.

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