Popular outdoor patio furniture includes chairs, tables, seating sets, dining sets, loungers, daybeds, and hammocks. The worldwide outdoor furniture market has grown recently.
Consumer spending and travel trends have led to an increase in global tourism. Outdoor furniture is common in tourist accommodation, beach chalets, and BnB’s, as well as game reserves and safari destinations, motels, hotels, guest homes, resorts, open spaces, and public gardens.
Increasing numbers of hotels and restaurants should boost the outdoor furniture industry during over the next couple of years.
Travel and tourism spending has risen globally. A change in consumer lifestyle has increased travel and adventure spending. Travel and tourism has contributed to a growing trend for outdoor furniture to enhance business and residential settings and meet consumer luxury expectations. According to UNWTO, foreign tourist arrivals grew 6% to $1.4 billion in 2018. According to the World Travel & Tourism Council (WTTC), travel and tourism generated 10.4% of global GDP in 2018. Europe is the most popular tourist destination. Increasing tourism in Singapore, Malaysia, and Thailand further boosts regional market growth.
Indicators
Global Outdoor Furniture Market – By Material
- Wood
- Metal
- Plastic
- Others
Global Outdoor Furniture Market – By Product
- Chairs
- Tables
- Seating Sets
- Loungers and Daybeds
- Dining Sets
Global Outdoor Furniture Market- By End User
- Residential
- Commercial
