United States Outdoor Furniture and Kitchen Market Size, Share, and COVID-19 Impact Analysis, By Product (Outdoor Furniture and Outdoor Kitchen), By Material (Wood, Plastic, and Metal), By End Users (Residential and Commercial), and United States Outdoor Furniture and Kitchen Market Insights, Industry Trend, Forecasts to 2033.
Industry: Consumer GoodsUnited States Outdoor Furniture and Kitchen Market Insights Forecasts to 2033
- The United States Outdoor Furniture and Kitchen Market Size was valued at USD 9.12 Billion in 2023.
- The Market is Growing at a CAGR of 6.73% from 2023 to 2033
- The United States Outdoor Furniture and Kitchen Market Size is Expected to Reach USD 17.5 Billion by 2033
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The United States Outdoor Furniture and Kitchen Market is Anticipated to Exceed USD 17.5 Billion by 2033, growing at a CAGR of 6.73% from 2023 to 2033.
Outdoor furniture and kitchen makers have been engaged in ongoing innovation operations to develop materials for furniture that are both sustainable and cost-effective.
Market Overview
outside furniture is a type of furniture designed especially to be utilized outside, usually in gardens, patios, decks, balconies, and other outside settings. Outdoor furniture, made of weather-resistant materials, is designed to survive the elements while giving convenience and aesthetic appeal. Finding time to be outside and in nature is essential to our well-being as our lives get more and busier. The outdoor furniture acts as a link between our comfortable home environments and the incredible outdoors. Its capacity to withstand a wide range of climatic conditions, as well as its ability to resist corrosion, fading, water exposure, and fixture and fitment wear and tear, has resulted in a growth in demand for such goods in both residential and commercial settings. Customized outdoor kitchens and furnishings that enhance the look and blend in with the design and arrangement of their living areas are preferred by many customers. Millennials are regarded as the most knowledgeable and powerful generation of consumers. They now understand how crucial it is to have a house with plenty of amenities, a backyard, vegetation, a designated fireplace, an upgraded kitchen, and other outdoor places.
Report Coverage
This research report categorizes the market for the United States outdoor furniture and kitchen market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the United States outdoor furniture and kitchen market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the United States outdoor furniture and kitchen market.
United States Outdoor Furniture and Kitchen Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2023 |
Market Size in 2023: | USD 9.12 Billion |
Forecast Period: | 2023-2033 |
Forecast Period CAGR 2023-2033 : | 6.73% |
2033 Value Projection: | USD 17.5 Billion |
Historical Data for: | 2019 - 2022 |
No. of Pages: | 170 |
Tables, Charts & Figures: | 110 |
Segments covered: | By Product, By Material, By End Users |
Companies covered:: | Ashley Furniture Industries Inc., Berkshire Hathaway Inc., Brown Jordan Inc., Inter IKEA Systems BV, Home Depot Product Authority LLC, Century Furniture LLC, Herman Miller Inc., Lloyd Flanders, Inc., Others, and |
Pitfalls & Challenges: | COVID-19 Empact, Challenges, Future, Growth, & Analysis |
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Driving Factors
Growing urbanization and higher standards of living in the United States have prompted furniture producers to adapt their designs to shifting consumer tastes to stay on top of the newest trends in luxury and fashion. The majority of furniture companies in the United States are now concentrating on producing long-lasting, lightweight fixtures that do not damage the environment to reach a wider range of customers. Additionally, rooftop dining facilities are becoming increasingly popular among hotels and restaurants as a result of the increased desire for comfortable dining. These products have a homey appearance and can be utilized for outdoor dining on restaurant and hotel rooftops.
Restraining Factors
The expensive purchase price and prolonged replacement cycle of outdoor furniture products might restrict the growth of the US outdoor furniture and kitchen market. The cost of the finished product is increased by the expensive materials and increased manufacturing costs. Such goods require a variety of qualities from the materials used to make them, including resistance to corrosion, crack resistance, high tensile strength, etc.
Market Segmentation
The United States outdoor furniture and kitchen market share is classified into product, material, and end users.
- The outdoor furniture segment is expected to hold the largest market share through the forecast period.
The United States outdoor furniture and kitchen market is segmented by product into outdoor furniture and outdoor kitchen. Among these, the outdoor furniture segment is expected to hold the largest market share through the forecast period. Strict lockdowns and movement restrictions pushed families to use their decks and backyards. Backyard events and celebrations have become increasingly popular around the country. These activities are the fundamental cause of the considerable increase in demand for outdoor furniture.
- The wood segment dominates the market with the largest market share over the predicted period.
The United States outdoor furniture and kitchen market is segmented by material into wood, plastic, and metal. Among these, the wood segment dominates the market with the largest market share over the predicted period. Wood has no creep problems in terms of extent or shape. It is stronger in weight-bearing for both chairs and tables, so it is capable of bearing a higher load without breaking down. Additionally, wood can have its original shine restored by painting and polishing it again after years of use. Additionally, wooden tables and chairs require less maintenance.
- The residential segment is expected to dominate the United States outdoor furniture and kitchen market during the forecast period.
Based on the end users, the United States outdoor furniture and kitchen market is divided into residential and commercial. Among these, the residential segment is expected to dominate the United States outdoor furniture and kitchen market during the forecast period. Families are increasingly frequently spotted cooking outside these days. People are expanding their backyard spaces due to house size increases, and these areas are mostly used as aesthetically pleasing kitchen areas, typically equipped with grills and barbeques.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the United States outdoor furniture and kitchen market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Ashley Furniture Industries Inc.
- Berkshire Hathaway Inc.
- Brown Jordan Inc.
- Inter IKEA Systems BV
- Home Depot Product Authority LLC
- Century Furniture LLC
- Herman Miller Inc.
- Lloyd Flanders, Inc.
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at United States, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the United States Outdoor Furniture and Kitchen Market based on the below-mentioned segments:
United States Outdoor Furniture and Kitchen Market, By Product
- Outdoor Furniture
- Outdoor Kitchen
United States outdoor furniture and kitchen Market, By Material
- Wood
- Plastic
- Metal
United States outdoor furniture and kitchen Market, By End Users
- Residential
- Commercial
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