Outdoor furniture, such as chairs, tables, seating sets, dining sets, lounges, daybeds, and hammocks, are popular among residential and commercial customers. The outdoor furniture market has been witnessing substantial growth since the recent past which is due to high purchasing power of the consumer’s and traveling trends are increasing the number of tourists across Europe. Most of the tourists visit tourist spots, beach sides, and hill stations. Therefore, the number of motels, hotels, guest houses, resorts, open spaces, and public gardens is surging in such places. Hence, a growing number of hotels and restaurants is expected to propel the Europe outdoor furniture market during the forecast period. Moreover, the increasing financial capacity of consumers to spend on leisure activities is inducing the consumers to spend a higher amount on outdoor furniture in the residential sector. Several homeowners are mainly focusing on enhancing the garden or open areas or balcony appearance with aesthetically appealing sitting areas. Lounge chairs, seating sets, and tables are a few of the key products generating a substantial revenue in the outdoor furniture market in Europe.
| Report Attribute | Details |
|---|---|
| Market size in 2020 | US$ 5,101.88 Million |
| Market Size by 2028 | US$ 7,340.34 Million |
| Global CAGR (2021 - 2028) | 4.8% |
| Historical Data | 2018-2019 |
| Forecast period | 2021-2028 |
| Segments Covered |
By Material
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| Regions and Countries Covered | Europe
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| Market leaders and key company profiles |