The Europe Outdoor Furniture Market would witness market growth of 5.0% CAGR during the forecast period (2022-2028).
The increasing demand for outdoor furniture has propelled innovation as well. Some standard innovation includes furniture that protects against insects, solid particles, and dust, furniture with higher cold endurance capability, and furniture that uses upholstery materials. Many upholstery businesses have started focusing on creating lightweight, eco-friendly, and durable fixtures to cater to the growing demand of consumers.
Additionally, there is a considerably higher demand for outdoor furniture that is made up of teak wood, upholstery materials, eucalyptus, and high-grade metals. Moreover, the usage of textiles in outdoor furniture has also increased in the past few years. Textiles give these furniture pieces colors and designs that can assimilate with the surrounding environments along with improved resiliency.
There is a higher usage of leather and faux leather variants as these textiles have become cost-effective and offer greater comfort than any other textile. In addition, good quality textiles render the furniture more durable and resilient towards wear and tear.
The European outdoor furniture market is governed by the rising focus on the gardens. This also propels the preference for smaller, urban-inspired outdoor furniture for tiny outdoor spaces. Furthermore, the influential trends of playfulness and wellness in furniture are highly regarded as these facilitate relaxation and let individuals connect with nature. Additionally, the sustainability of outdoor furniture is one of the most demanded aspects in the region.
The Germany market dominated the Europe Outdoor Furniture Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $4,156.5 million by 2028. The UK market is anticipated to grow at a CAGR of 4.1% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 5.8% during (2022 - 2028).
Based on End-use, the market is segmented into Residential and Commercial. Based on Material Type, the market is segmented into Wood, Plastic and Metal. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Outdoor Furniture Market will Hit $61 Billion by 2028, at a CAGR of 5.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Kimball International, Inc., Inter IKEA Systems B.V. (Inter IKEA Holding B.V.), Keter Group B.V. (BC Partners), Ashley Furniture Industries, LLC, Brown Jordan, Inc, Agio International Company, Ltd, Lloyd Flanders, Inc., Barbeques Galore Pty, Ltd, Century Furniture LLC (RHF Investments, Inc.), and Aura Global Furniture.
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