PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1721618
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1721618
The Global Outdoor Furniture Market was valued at USD 16.2 billion in 2024 and is estimated to grow at a CAGR of 4.6% to reach USD 25.3 billion by 2034. With changing consumer lifestyles, a rising focus on home aesthetics, and growing interest in outdoor living, the market for outdoor furniture is undergoing a dynamic transformation. More homeowners and renters alike are investing in stylish and functional outdoor spaces, turning balconies, patios, decks, and gardens into extensions of their living areas. As people increasingly work from home and seek relaxation outside their four walls, outdoor furniture has become a necessity rather than a luxury.
The rising influence of social media and home decor trends is also inspiring consumers to create visually appealing outdoor setups, further fueling market expansion. In addition, the hospitality industry is contributing significantly to demand, with hotels, resorts, and cafes emphasizing outdoor seating to elevate guest experiences. The shift toward sustainable materials, modular designs, and technology-integrated furniture has redefined the buying patterns of modern consumers. Today's buyers are looking for durable, low-maintenance, and versatile furniture that blends design with long-term value.
Market Scope | |
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Start Year | 2024 |
Forecast Year | 2025-2034 |
Start Value | $16.2 Billion |
Forecast Value | $25.3 Billion |
CAGR | 4.6% |
As disposable incomes continue to rise and consumers become more conscious of optimizing limited outdoor spaces-especially in urban settings-the demand for space-saving and multifunctional furniture is gaining traction. People want furniture that doesn't just look good but also delivers high utility with minimal upkeep. This evolving mindset reflects a larger shift toward smarter, long-term investments in home living solutions, making outdoor furniture a high-priority category.
The market is divided by product type into categories such as outdoor seating, dining furniture, kitchen furniture, accessories, and more. The outdoor dining segment alone generated USD 5.7 billion in 2024, underscoring the growing interest in building functional and stylish alfresco spaces. Consumers are favoring dining sets that are weather-resistant, easy to clean, and visually appealing. As a response, manufacturers are focusing on designs that combine durability with customization-featuring modular pieces, teak finishes, and weatherproof cushions that maintain aesthetics year-round.
The wood segment dominated the market with a 41.6% share in 2024 and is expected to grow to 43.9% by 2034. Enhanced wood treatment techniques, including thermal modifications and chemical preservatives, have improved the longevity and resilience of wooden furniture. These innovations help the material withstand extreme weather conditions and pest attacks, making wood a preferred choice for outdoor settings.
The U.S. Outdoor Furniture Market is expected to grow at a CAGR of 3.2% between 2025 and 2034. This steady growth is driven by higher disposable incomes, suburban homeownership, and a cultural affinity for outdoor entertaining. Consumers continue to invest in furnishing patios, decks, and backyards as lifestyle enhancements.
Leading players in this space include Polywood LLC, Kingsley Bate, Woodard Furniture, Terra Outdoor Living, Sifas USA, Sunset West, IKEA, Inc., Grandin Road, Gloster Furniture, Fermob USA, Inc., Ebel Inc., Dedon GmbH, Burrow Inc., Brown Jordan International, Inc., Ashley Furniture Industries, and Article. These companies are doubling down on R&D to improve product durability and sustainability, strengthening online retail channels, expanding product lines, and forming strategic partnerships with retail outlets to tap into broader customer bases.