The Home Depot announced the investment in Mexico through opening of four new stores, as a commitment to the communities in which they are located.
Brown Jordan Company announced the introduction of three commercial-grade outdoor furniture collections for the residential as well as commercial purpose.
Author Credits: Parul Atri
Report ID: 304
Published Date: Oct 10, 2024
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of outdoor furniture is evaluated at USD 55.86 billion.
The outdoor furniture market size was valued at USD 53.38 billion in 2024 and is projected to exceed USD 112.92 billion by the end of 2037, expanding at over 5.9% CAGR during the forecast period i.e., between 2025-2037. Surging popularity of eco-friendly furniture, rising open air sports, and rapid pace of urbanization and increase in consumer purchasing power will boost the market growth.
North America is anticipated to hold the largest industry share by the end of 2037, driven by rising concept of extravagant outdoor living spaces with new materials, comfortable seating, and elegant lighting has uplifted the market for outdoor furniture.
The major players in the market include Brown Jordan Company, Winston Furniture Company of Alabama, LLC, Home Depot, Forever Patio, Homecrest Outdoor Living, DEDON GmbH, Century Furniture LLC, Barbeques Galore, GLOSTER FURNITURE GMBH, Agio International Company, LTD.