North America Outdoor Furniture and Parking Lot Products Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product Type (Benches, Tables, Parking Lot Products, Waste Receptacles, and Others) and End Use (Public Parks, Schools and Universities, Residential Buildings, Commercial Buildings, HORECA, and Others)
The North America outdoor furniture and parking lot products market is expected to grow from US$ 14,339.39 million in 2022 to US$ 18,046.44 million by 2028; it is expected to register a CAGR of 3.9% from 2022 to 2028.
Outdoor furniture and parking lot products include benches, tables, parking lot products, and waste receptacles. These products can be made from various materials, including wood, plastic, metal, and wicker.
Market Overview and Dynamics
North America is witnessing an increase in the demand for outdoor furniture and parking lot products owing to a rise in construction activities such as shopping centers, malls, corporate offices, restaurants, luxury dining spaces, and private airports. Also, old residential building renovation projects and new construction activities have influenced the demand for outdoor furniture products such as tables, chairs, and combination sets. Moreover, many people started working from home after the emergence of the COVID-19 pandemic. People spent significant time at home, which increased their interest in decorating outdoor spaces with furniture products. Therefore, there is a huge demand for outdoor furniture products that provide a relaxing and comfortable environment for consumers. Further, the manufacturers are developing furniture products that incorporate appealing designs and advanced features such as weatherproofing, resistance to insects, and crack-proofing.
In North America, restaurateurs are developing outdoor seating and dining arrangements to fulfill customer demand for dynamic city views, scenic views, creative experiences, fresh and natural ambiance, or poolside dining. Moreover, the furniture manufacturers in the region are focused on expanding their outdoor furniture products’ portfolio, thereby offering unique designs and functionality. For instance, in January 2021, Outer Inc, a direct-to-consumer outdoor furniture manufacturer, raised US$ 10.5 million in funding led by Sequoia Capital China. The company is focused on increasing the team size and doubling product research and development. It has also witnessed a growing demand for outdoor furniture such as coffee tables, chaise loungers, dining sets, and other products for backyards, decks, or porches. In addition, the region is home to many major shopping centers across the globe, such as West Edmonton Mall, Mall of America, American Dream, and Aventura Mall, which hold a significant number of parking spaces. Hence, the demand for outdoor furniture and parking lot products in North America is expected to propel during the forecast period.
Key Market Segments
Based on product type, the North America outdoor furniture and parking lot products market is segmented into benches, tables, parking lot products, waste receptacles, and others. In 2022, the benches segment held the largest market share. Benches are long seats that are either freestanding, fixed to the wall, or placed against the wall. Benches are an important attribute of urban outdoor landscaping. They can be available in a variety of materials such as wood, iron, steel, aluminum, wicker, etc., and are a good option for exterior furniture designs. An outdoor bench can upgrade a garden, yard, patio, park, retail center, or other business. An outdoor bench is comfortable, and it also enhances the beauty of the area around it. These factors led to the dominance of the benches segment in 2022.
Major Sources and Companies:
A few primary and secondary sources referred to while preparing this report on the North America outdoor furniture and parking lot products market are paid databases (Factiva), publications, hoovers, investor presentations, newsletters, sec archives, annual reports, and other information available in the public domain. Major companies operating in the outdoor furniture and parking lot products market listed in the report are Agio International Company Ltd, Brown Jordan Company, Century Furniture LLC, Inter IKEA Holding BV, Keter US Inc, Florida Patio Furniture Inc, Transline Industries Inc, Emedco US, The Traffic Safety Store, and Dancop International GmbH.
Reasons to Buy Report
- Progressive trends in the outdoor furniture and parking lot products industry to help players develop effective long-term strategies
- Business growth strategies adopted by companies to secure growth in developed and developing markets
- Quantitative analysis of the North America outdoor furniture and parking lot products market from 2020 to 2028
- Estimation of the demand for outdoor furniture and parking lot products
- PEST analysis to analyze the Political, Economic, Socio-Cultural, and Technological changes in the business environment
- Recent developments to understand the competitive market scenario and the demand for the outdoor furniture and parking lot products
- Market trends and outlook, and factors driving and restraining the North America outdoor furniture and parking lot products market growth
- Understanding the strategies that underpin commercial interest with regard to the North America outdoor furniture and parking lot products market growth, aiding in the decision-making process
- North America outdoor furniture and parking lot products market size at various nodes of market
- Detailed overview and segmentation of the North America outdoor furniture and parking lot products market, and its industry dynamics
- North America outdoor furniture and parking lot products market size in various regions with promising growth opportunities
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 North America Outdoor Furniture and Parking Lot Products Market, by Product Type
1.3.2 North America Outdoor Furniture and Parking Lot Products Market, by End Use
1.3.3 North America Outdoor Furniture and Parking Lot Products Market, by Country
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. North America Outdoor Furniture and Parking Lot Products Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.3 Analysis on Demand for Recycled Plastics in Outdoor Furniture and Parking Lot Products Market in North America
4.4 Expert Opinions
5. North America Outdoor Furniture and Parking Lot Products Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Focus on Modifying Outdoor Spaces in Residential Buildings
5.1.2 Strong Growth of Hospitality Sector
5.2 Market Restraints
5.2.1 High Cost of Outdoor Furniture Products
5.3 Market Opportunities
5.3.1 Surging Use of Recycled Material in Parking Lot Products
5.4 Future Trends
5.4.1 Development of Eco-Friendly and Sustainable Outdoor Furniture Products
5.5 Impact Analysis
6. Outdoor Furniture and Parking Lot Products – North America Market Analysis
6.1 North America Outdoor Furniture and Parking Lot Products Market Overview
6.2 North America Outdoor Furniture and Parking Lot Products Market –Revenue and Forecast to 2028 (US$ Million)
6.3 Market Positioning – North America Outdoor Furniture and Parking Lot Products Market Players
7. North America Outdoor Furniture and Parking Lot Products Market Analysis – By Product Type
7.1 Overview
7.2 North America Outdoor Furniture and Parking Lot Products Market Breakdown, by Product Type, 2021 & 2028
7.3 Benches
7.3.1 Overview
7.3.2 Benches: North America Outdoor Furniture and Parking Lot Products Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Tables
7.4.1 Overview
7.4.2 Tables: North America Outdoor Furniture and Parking Lot Products Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Parking Lot Products
7.5.1 Overview
7.5.2 Parking Lot Products: North America Outdoor Furniture and Parking Lot Products Market – Revenue and Forecast to 2028 (US$ Million)
7.6 Waste Receptacles
7.6.1 Overview
7.6.2 Waste Receptacles: North America Outdoor Furniture and Parking Lot Products Market – Revenue and Forecast to 2028 (US$ Million)
7.7 Others
7.7.1 Overview
7.7.2 Others: North America Outdoor Furniture and Parking Lot Products Market – Revenue and Forecast to 2028 (US$ Million)
8. North America Outdoor Furniture and Parking Lot Products Market Analysis – By End-Use
8.1 Overview
8.2 North America Outdoor Furniture and Parking Lot Products Market Breakdown, by End-Use, 2021 & 2028
8.3 Public Parks
8.3.1 Overview
8.3.2 Public Parks: North America Outdoor Furniture and Parking Lot Products Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Schools and Universities
8.4.1 Overview
8.4.2 Schools and Universities: North America Outdoor Furniture and Parking Lot Products Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Residential Buildings
8.5.1 Overview
8.5.2 Residential Buildings: North America Outdoor Furniture and Parking Lot Products Market – Revenue and Forecast to 2028 (US$ Million)
8.6 Commercial Buildings
8.6.1 Overview
8.6.2 Commercial Buildings: North America Outdoor Furniture and Parking Lot Products Market – Revenue and Forecast to 2028 (US$ Million)
8.7 HORECA
8.7.1 Overview
8.7.2 HORECA: North America Outdoor Furniture and Parking Lot Products Market – Revenue and Forecast to 2028 (US$ Million)
8.8 Others
8.8.1 Overview
8.8.2 Others: North America Outdoor Furniture and Parking Lot Products Market – Revenue and Forecast to 2028 (US$ Million)
9. North America Outdoor Furniture and Parking Lot Products Market– Country Analysis
9.1 North America: Outdoor Furniture and Parking Lot Products Market, by Key Country
9.1.1 US: Outdoor Furniture and Parking Lot Products Market– Revenue and Forecast to 2028 (US$ Million)
9.1.1.1 US: Outdoor Furniture and Parking Lot Products Market, By Product Type
9.1.1.2 US: Outdoor Furniture and Parking Lot Products Market, By End-Use
9.1.2 Canada: Outdoor Furniture and Parking Lot Products Market– Revenue and Forecast to 2028 (US$ Million)
9.1.2.1 Canada: Outdoor Furniture and Parking Lot Products Market, By Product Type
9.1.2.2 Canada: Outdoor Furniture and Parking Lot Products Market, By End-Use
9.1.3 Mexico: Outdoor Furniture and Parking Lot Products Market– Revenue and Forecast to 2028 (US$ Million)
9.1.3.1 Mexico: Outdoor Furniture and Parking Lot Products Market, By Product Type
9.1.3.2 Mexico: Outdoor Furniture and Parking Lot Products Market, By End-Use
10. Impact of COVID-19 Pandemic on North America Outdoor Furniture and Parking Lot Products Market
10.1 North America: Impact Assessment of COVID-19 Pandemic
11. Industry Landscape
11.1 Product launch
11.2 Expansion
12. Company Profiles
12.1 Agio International Company Ltd
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Brown Jordan Company
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Century Furniture LLC
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Inter IKEA Holding BV
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Keter US Inc
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Florida Patio Furniture Inc
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Transline Industries Inc
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Emedco US
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 The Traffic Safety Store
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Dancop International GmbH
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms
LIST OF TABLES
Table 1. North America Outdoor Furniture and Parking Lot Products Market –Revenue and Forecast to 2028 (US$ Million)
Table 2. North America Outdoor Furniture and Parking Lot Products Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 3. North America Outdoor Furniture and Parking Lot Products Market, by End-Use – Revenue and Forecast to 2028 (US$ Million)
Table 4. US Outdoor Furniture and Parking Lot Products Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 5. US Outdoor Furniture and Parking Lot Products Market, by End-Use– Revenue and Forecast to 2028 (US$ Million)
Table 6. Canada Outdoor Furniture and Parking Lot Products Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 7. Canada Outdoor Furniture and Parking Lot Products Market, By End-Use – Revenue and Forecast to 2028 (US$ Million)
Table 8. Mexico Outdoor Furniture and Parking Lot Products Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 9. Mexico Outdoor Furniture and Parking Lot Products Market, By End-Use – Revenue and Forecast to 2028 (US$ Million)
Table 10. Glossary of Terms, North America Outdoor Furniture and Parking Lot Products Market
LIST OF FIGURES
Figure 1. North America Outdoor Furniture and Parking Lot Products Market Segmentation
Figure 2. North America Outdoor Furniture and Parking Lot Products Market Segmentation – By Country
Figure 3. North America Outdoor Furniture and Parking Lot Products Market Overview
Figure 4. North America Outdoor Furniture and Parking Lot Products Market, By End Use
Figure 5. North America Outdoor Furniture and Parking Lot Products Market, by Country
Figure 6. North America Outdoor Furniture and Parking Lot Products Market, Industry Landscape
Figure 7. PEST Analysis
Figure 8. Expert Opinions
Figure 9. North America Outdoor Furniture and Parking Lot Products Market Impact Analysis of Drivers and Restraints
Figure 10. Geographic Overview of North America Outdoor Furniture and Parking Lot Products Market
Figure 11. North America Outdoor Furniture and Parking Lot Products Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. North America Outdoor Furniture and Parking Lot Products Market Breakdown, by Product Type, 2021 & 2028
Figure 13. Benches: North America Outdoor Furniture and Parking Lot Products Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. Tables: North America Outdoor Furniture and Parking Lot Products Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. Parking Lot Products: North America Outdoor Furniture and Parking Lot Products Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. Waste Receptacles: North America Outdoor Furniture and Parking Lot Products Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. Others: North America Outdoor Furniture and Parking Lot Products Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. North America Outdoor Furniture and Parking Lot Products Market Breakdown, by End-Use, 2021 & 2028
Figure 19. Public Parks: North America Outdoor Furniture and Parking Lot Products Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Schools and Universities: North America Outdoor Furniture and Parking Lot Products Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. Residential Buildings: North America Outdoor Furniture and Parking Lot Products Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Commercial Buildings: North America Outdoor Furniture and Parking Lot Products Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. HORECA: North America Outdoor Furniture and Parking Lot Products Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Others: North America Outdoor Furniture and Parking Lot Products Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. North America: Outdoor Furniture and Parking Lot Products Market Revenue Share, by Key Country (2021 and 2028)
Figure 26. US: Outdoor Furniture and Parking Lot Products Market– Revenue and Forecast to 2028 (US$ Million)
Figure 27. Canada: Outdoor Furniture and Parking Lot Products Market– Revenue and Forecast to 2028 (US$ Million)
Figure 28. Mexico: Outdoor Furniture and Parking Lot Products Market– Revenue and Forecast to 2028 (US$ Million)
Figure 29. Impact of COVID-19 Pandemic on North America Country Markets
The List of Companies - North America Outdoor Furniture and Parking Lot Products Market
- Agio International Company Ltd
- Brown Jordan Company
- Century Furniture LLC
- Inter IKEA Holding BV
- Keter US Inc
- Florida Patio Furniture Inc
- Transline Industries Inc
- Emedco US
- The Traffic Safety Store
- Dancop International GmbH