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Outdoor Furniture Market is driven by High Demand From Residential Sector

 

Goldstein Research




Goldstein Research


(EstateNewsWire.com, October 10, 2018 ) According to Goldstein Research, world outdoor furniture market is expected to reach more than USD 14.3 billion by 2024 from USD 9.1 billion in 2016, growing at a compounded annual growth rate of 5.6% over the forecast period 2016-2024. The trend of luxury housing, growing real estate sector and rising disposable income of people is driving the growth of the world outdoor furniture market.

Global outdoor furniture industry segmentation has been carried out on the basis of product type, material type, end users, distribution channel and region. Based on end users, the residential end user segment accounted for more than 85.0% of global furniture market share. Over the next 3 years, the demand of luxury housing is estimated to reach 20%. Global outdoor furniture market is majorly driven by North America with a revenue share of 32.0% in 2016. North America outdoor furniture Industry is growing on the back of high personal disposable income of the people who are involved in buying outdoor furniture and accessories. North America is followed by Europe outdoor furniture market with 28.0% revenue share in 2016.



Download Exclusive Sample Report:https://www.goldsteinresearch.com/request-sample/global-outdoor-furniture-accessories-market

Market Segmentation

On the basis of our in-depth analysis, Global Outdoor Furniture Market can be segmented as follows:

By Product Type

• Outdoor Seating

• Day Beds and Sun lounges

• Tables

• Decorative and Leisure Furniture

By Material Type

• Wood

• Plastic

• Metal

• Other (Leather, etc.)

By End Users

• Residential

• Commercial

By Distribution channel:

• Online Distribution Channels

• Offline Distribution Channels

By Region

• North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}

• Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

• Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

• Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

• Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

Browse Full Report: https://www.goldsteinresearch.com/report/global-outdoor-furniture-accessories-market

“Outdoor Furniture Market Analysis”contains detailed overview of the outdoor furniture market.On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by product type, material type, end users and distribution channel.

Further, for the in-depth analysis, Global Outdoor FurnitureMarket Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as IKEA, Williams-Sonoma, Ashley Furniture, Brown Jordan, Century Furniture, Forever Patio, Home Depot, Home Crest Outdoor Living, Adams Manufacturing, Hospitality Rattan, Zuo Modern, Alfresco Home, Winston Furniture,etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the report represents the global outdoor furniture market trends along with the market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.



Key questions answered in this Global Outdoor FurnitureReport

• What is the Global Outdoor Furniture Market Size by 2024 and what would be the expected growth rate of the industry?

• What is the total revenue per segment and region in 2015-16 and what would be the expected revenue per segment and region over the forecast period?

• What are the outdoor furniture market trends?

• What are the factors which are driving this industry?

• What are the major barriers to outdoor furniture industry growth?

• Who are the key vendors in this industry space?

• What are the industry opportunities for the existing and entry-level players?

• What are the recent developments and business strategy of the key players?



About Goldstein Research

Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.

Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear-cut forecasts.

Our market research report provide in-depth analysis of global and regional variations along with competitors’ overview.

Our analysts working on consumer goods industry analysis to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.





Browse Similar Report: Healthcare Furniture Market



Goldstein Research

Steve Blade

+1-646-568-7747

steve.blade@goldsteinresearch.com

Source: EmailWire.Com


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