According to Technavio’s newest market research analysis, the outdoor furniture market in the US is expected to grow at a CAGR of close to 4% during the forecast period 2017 to 2021.
This report by Technavio offers a thorough analysis of the outdoor furniture market in the US in terms of revenue and emerging market trends. The report also includes a current study and forecasts for various market sectors and all geographical regions.
Technavio research analysts categorize the market based on the product type
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Outdoor furniture and accessories market in the US: The rising interests in outdoor décor and increasing preferences for outdoor leisure activities is driving the market in the US. The vendors in the market are developing contemporary and transitional furniture that are easy to maintain, stylish, comfortable, and versatile that meet different consumers’ requirements. The market is driven by the increasing demand for new accessories with different designs to match the outdoor décor of end-users.
“The vendors in the market are offering mix-and-match sets of accessories to attract more consumers and increase profitability. This option of selecting accessories allow consumers to choose cushions made from fabrics that best fit their indoor settings and outdoor décor. The growing demand for swirling chairs, deep seating, and cushions that match indoor chairs and sofas will create new opportunities for the vendors in the market,” says Poonam Saini, a lead analyst at Technavio for research on furniture and home furnishing.
Outdoor grills and accessories market in the US: The growing awareness of the availability of easy-to-use grills and accessories will fuel the growth of this market segment during the forecast period. The consumers prefer outdoor settings to prepare low-calorie and high-quality food, which, in turn, will boost the sales in the global market. Furthermore, the availability of portable grills for camping and tailgate parties will help vendors expand their consumer base and increase profitability.
Patio heating products market in the US: The vendors in the market are offering new designs that are evolving with refined finishes and styles. The increasing demand for portable fire pits made of steel, bronze, copper, clay, enamel, and granite will make patio heating the fastest growing segment in the global market. The manufacturers are adding value-added features like remote-controlled starters to sustain the competition in the market.
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The top vendors operating in the outdoor furniture market in the US are:
- Berkshire Hathaway
- Brown Jordan International
- Century Furniture
- Forever Patio
- Homecrest Outdoor Living
- IKEA
- Williams-Sonoma
Other prominent vendors in the market include Amazon, AMERICAN SIGNATURE FURNITURE, ATGStores, Cabela’s, Costco Wholesale, Ethan Allen Global, Haverty Furniture, Herman Miller, JCPenney, Kroger, La-Z-Boy, Otto, Overstock, Pier 1 Imports, Raymour & Flanigan Furniture, RH, Sears Brands, Sleepy’s, Target Brands, Walmart, and Wayfair.
An exhaustive study is available in the Technavio report titled, ‘Outdoor Furniture Market in US 2017-2021’. Technavio also customizes reports by supplementary regions and precise segments upon request.
Other related reports
- Global Bedroom Furniture Market 2016-2020
- Children Furniture Market in the US 2016-2020
- Furniture Manufacturing Market in Romania 2016-2020
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