End-user (Residential, Commercial)
The global outdoor furniture market is segmented and analyzed for demand and supply by end users into residential, and commercial. Out of these, the residential segment is expected to hold the largest share by the end of 2037, on the back of rising number of people living luxurious lifestyles in unique style of homes. In addition, they are opting for luxurious furniture that makes their gardens and lawn areas more appealing. Consumers are modifying their houses according to the latest trends that positively influence the surrounding’s beauty. Furthermore, the surging number of houses across the globe is further projected to boost the segment’s growth in the market. The number of homes in Canada is expected to reach around 14 million by the end of the year 2023 from 13 million homes in the year 2018.
Moreover, the commercial segment is also anticipated to have significant share over the forecast period. This can be attributed to the rising number of hotels and restaurants with roof top and opening air dining facilities. Furthermore, bars and pups are also opting for outdoor furniture, which is further predicted to drive the segment’s growth in the market.
Distribution Channels (E-Commerce, Supermarkets)
The global outdoor furniture market is also segmented and analyzed for demand and supply by distribution channels into e-commerce, supermarkets, and others. Out of these, the e-commerce segment is predicted to hold the largest share by the end of the year 2037. The growth of the segment can be attributed to the crucial role that the online distribution channels are playing in the development of the furniture industries. Furthermore, there are a large number of manufacturers selling their products at a competitive price, and it is expected to boost the growth of the e-commerce segment in the market.
Our in-depth analysis of the global market includes the following segments:
By Product |
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By Distribution Channels |
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By End Users |
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Author Credits: Parul Atri
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