EUROPE OUTDOOR FURNITURE MARKET RD
Europe Outdoor Furniture Market Forecast to 2027 – Covid-19 Impact and Regional Analysis by Material (Metal, Plastic, Wood, and Others); Product (Chairs, Tables, Seating Sets, Loungers and Daybeds, and Dining Sets); and End User (Residential, and Commercial) and Country
Pages: 116
Market Introduction
Outdoor furniture consists of a wide variety of products. It mostly included playground equipments like tables and benches. Chairs, tables, dining sets, and seating sets also form a part of outdoor furniture. The outdoor furniture is used to provide a space to relax and sit down to enjoy privacy in the landscape area. Lightweight materials such as polyethylene or aluminium is used in the making of outdoor furniture to facilitate easy movement. These types of furniture have multipurpose applications as they can work as a stool footrest, side table, sofa, etc. Besides, they are easier to clean due to their flat and smooth surfaces.
Market Overview and Dynamics
The Europe outdoor furniture market is expected to reach US$ 6,942.21 Million in 2027 from US$ 4,705.36 Million in 2018. The market is anticipated to grow at a CAGR of 4.4 % from 2019 to 2027. Factors driving the market growth include rising trend towards travelling & shift in lifestyle and growing preference for aesthetic furniture. However, high cost along with long replacement cycle is likely to have a negative impact on the market growth.
Effect of covid-19 on Europe outdoor furniture market
The ongoing COVID-19 outbreak began in Wuhan (China) in December 2019, but later it spread to all the parts of the world. It has adversely affected the consumer goods industry as the industry is suffering from supply chain disruptions, lockdowns, travel bans, and business shutdowns called in various countries. As per the recent data, Russia has recorded the highest number of COVID cases. Other than this, Spain, Germany, France and UK have also been hit hard and are expected to suffer an economic hit due to a lack of revenue from various industries. Partially closing their borders and drastic measures and travel restrictions are implemented by other member states. This is anticipated to impact market growth in Europe.
Key Market Segments
The wood outdoor furniture segment accounted for a larger share of the Europe outdoor furniture market, by material, in 2018. The seating seats outdoor furniture segment accounted for a larger share of the Europe outdoor furniture market, by product, in 2018. Moreover, the residential segment held the largest share of the market, by end user, in 2018.
Major Sources and Companies Listed
A few of the major primary and secondary sources referred to while preparing this report on the Europe outdoor furniture market include Ashley Home Stores, Ltd., Barbeques Galore, Brown Jordan, Century Furniture LLC, Inter Ikea Systems B.V., Keter Group and Polywood.
Reasons to buy the report
Europe Outdoor Furniture Market Segmentation
By Material
By End User
Company Profiles
By Country
| Report Attribute | Details |
|---|---|
| Market size in 2018 | US$ 4,705.36 Million |
| Market Size by 2027 | US$ 6,942.21 Million |
| CAGR (2019 - 2027) | 4.4 % |
| Historical Data | 2016-2017 |
| Forecast period | 2019-2027 |
| Segments Covered |
By Material
|
| Regions and Countries Covered |
Europe
|
| Market leaders and key company profiles |
|
The Europe Outdoor Furniture Market is valued at US$ 4,705.36 Million in 2018, it is projected to reach US$ 6,942.21 Million by 2027.
As per our report Europe Outdoor Furniture Market, the market size is valued at US$ 4,705.36 Million in 2018, projecting it to reach US$ 6,942.21 Million by 2027. This translates to a CAGR of approximately 4.4 % during the forecast period.
The Europe Outdoor Furniture Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Outdoor Furniture Market report:
The Europe Outdoor Furniture Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe Outdoor Furniture Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Outdoor Furniture Market value chain can benefit from the information contained in a comprehensive market report.
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