Outdoor Furniture Market Set to Soar: Growth Projections & Key Insights (2024-2032) > 문의

Outdoor Furniture Market Insights: In 2023, the outdoor furniture market was estimated to be worth USD 18.4 billion. Over the projection period (2024 - 2032), the outdoor furniture business is expected to increase at a compound annual growth rate (CAGR) of 6.00%, from USD 19.5 billion in 2024 to USD 29.32 billion by 2032. The primary main factors supporting the market expansion are consumers' growing purchasing power and the rise in demand for resorts, public gardens, and hotels as well as open spaces for comfort and convenience. Due to coastal resorts and the subsequent global tourism boom, there is a growing demand for outdoor seating. The region's increased investment in infrastructure will strengthen the growth of the outdoor furniture market during the next years.