Outdoor Furniture Market Share

North American Market Forecast

The North American outdoor furniture market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2037. The U.S holds the maximum share in the outdoor furniture market in North America, followed by Canada. The rising concept of extravagant outdoor living spaces with new materials, comfortable seating, and elegant lighting has uplifted the market for outdoor furniture. Additionally, housing sales, outdoor renovations, and environmental concerns are some of the factors boosting the market growth. In addition, the region's expanding disposable income along with the consumer preferences are further expected to increase the market’s growth in the region. Moreover, the growing outdoor gathering trend is another factor that is expected to expand the growth of the market in the North American region. According to the survey, there was nearly one among 4 person who planned to host outdoor gatherings in the year 2021.

Europe Market Forecast

The European outdoor furniture market, amongst the market in all the other regions, is projected to hold the significant growth during the forecast period. There have been more tourists in the region owing to the presence of famous places for people to travel, which is expected to surge the market’s growth in the region. France, the UK, and Germany are expected to lead the overall demand for this regional outdoor furniture market in the near future. Furthermore, the number of hotels is increasing in the region, that is further anticipated to expand the market’s growth in the region.

APAC Market Statistics

The Asia Pacific region is expected to witness the fastest growth over the forecast period. The growing number of construction projects, and surging strong tourist attention are the two major factors that are increasing the demand for outdoor construction in the region. Moreover, there has been increasing key players in the region whose products are easily accessible through online platforms, that is further projected to expand the growth of the market in the region.