U.S. Outdoor Furniture Market - Focused Insights 2023-2028

U.S. OUTDOOR FURNITURE MARKET SIZE

The U.S. outdoor furniture market was valued at USD 9.30 billion in 2022 and is expected to reach USD 12.83 billion by 2028, growing at a CAGR of 5.51% during the forecast period. The market is growing significantly due to growing demand for lightweight furniture, rising consumer preference for stylish outdoor furniture, increasing demand for durable & weather-resistant furniture, growing demand for furniture for small spaces, growing demand for sustainable furniture, rise in home improvement projects, growing demand for outdoor furniture in the hospitality industry, and increasing popularity of outdoor recreational activities.

The trend of buying lightweight furniture for balconies, terrace areas, and camping activities is rising across the US. Increasing the demand for lightweight outdoor furniture, the manufacturers are offering plastic, metal, and wicker-based furniture in the US market. This report provides a comprehensive and current U.S. outdoor furniture market scenario, including the market size, anticipated market forecast, relevant segmentations, and industry trends.

U.S. OUTDOOR FURNITURE MARKET TRENDS & DRIVERS

Growing Demand for Furniture for Small Spaces

The rising demand for small apartments increases the demand for furniture for small side porches or stoop. Recently, there have been a lot more compact options available for outdoor furniture. The increasing number of single-person households increases the demand for small apartments and condos. Folding furniture is gaining traction in the US furniture market. It requires very little space; thus, it can be easy to store and transport. It is one of the best practical options for small front porches, rooftop lounge spaces, small apartments, condos, cafes, camping sites, tourist places, etc. In the US, the tourism industry is growing significantly with a rising number of frequently moving people. The camping accounted for 16% of all the trips in the US after the pandemic. In the US, the cities with the most apartments and condos are California, New York, Chicago, Los Angeles, Phoenix, and Houston. The number of condos is rising year-on-year in the US.

Growing Demand for Sustainable Furniture

Demand for outdoor furniture which is made up of sustainable materials, and that is environmentally friendly is gaining traction in the US market. The furniture industry is one of the major contributors to environmental problems such as pollution, deforestation, and waste. The production of furniture needs a lot of energy and resources, which results in a rise in the emission of greenhouse gases. With rising awareness of the impact of furniture production on the environment, the consumer preference for sustainable furniture options is rising in the US. Sustainable furniture is made up of biodegradable, recyclable, and renewable materials. It reduces the pollution and waste. The options available for traditional furniture have been rising since the last decade. Thus, many of the furniture brands present in the US market are offering sustainable furniture. It is becoming quite easy to find such furniture at local retailer's shop. As Americans have more disposable income, they are willing to spend more on sustainable outdoor furniture. It leads to drive the demand for outdoor furniture market in the US, during the forecast period.

Increasing Popularity of Outdoor Recreational Activities

The demand for outdoor furniture is rising due to the increasing popularity of outdoor recreational activities including backyard barbeques, camping, backyard house parties, etc. Such activities require some form of outdoor furniture including tables, chairs, dining sets, etc. People prefer to spend more time in the outdoors and look for comfortable furniture to enjoy their outdoor spaces. The rising awareness about spending outdoor time and its benefits such as stress relief, peace, refreshment, etc. increases the demand for outdoor parties, events, etc. The trend of organizing house parties in the US has been increasing in the last few years. Outdoor sports like swimming, walking, golfing, camping, and tennis are much more popular in the US, which requires some outdoor furniture. It leads to drive the demand for outdoor furniture in the US, during the forecast period.

U.S. OUTDOOR FURNITURE MARKET SEGMENTATION INSIGHTS

• By Material: The wood segment holds the largest U.S. outdoor furniture market share of over 55%, due to its low maintenance and its properties of durability. The properties of insect-repellent and water-proof wooden materials such as teak, cedar, mahogany, Ipe, acacia, etc. make them ideal for outdoor furniture. In the US, there are a variety of wood species available for making outdoor furniture, each with its unique property and look. It gives lots of options to consumers when selecting outdoor furniture. It is easy to make any type of new stylish design with wooden materials in the outdoor furniture market. It leads to drive the demand for outdoor furniture in the US, during the forecast period.
• By Product: The dining sets segment shows the fastest-growing CAGR of 6.15% during the forecast period. The demand for dining sets in the U.S. is gaining traction in the outdoor furniture market due to the increasing popularity of outdoor recreational activities. The number of house parties is rising in the US. People are more aware of spending outdoor time with friends and families. The home renovation and improvement activities are rising in the US. People are spending more on the development of backyard or garden areas. The trend of barbeque cooking in the backyard in residential spaces is rising in the US. As per the Joint Center of Housing Studies of Harvard University, the US people spend around $500 billion a year on residential repairs and renovations.​ It leads to drive the demand for outdoor furniture in the US, during the forecast period.
• By End-User: The residential segment holds the largest share of the U.S. outdoor furniture market. The consumer preference for attending house parties is rising in the US. Spacious seating sets and dining tables are designed for backyards, gardens, and balconies in the residential sector. It attracts the consumer to buy it for outdoor spaces. Demand for outdoor furniture is rising among adults and millennials in the U.S. 21% of the population belongs to the millennial group. ​The millennials are preferring outdoor furniture for relaxing, enjoying, etc. The demand for barbeque cooking is rising among millennials in the US. It leads to driving the demand for dining sets in the U.S. outdoor furniture market. The consumer preference for backyard or terrace parties is rising in the U.S. The growing family size and increasing requirement for relaxing spaces, increases the preference for sustainable outdoor furniture in the U.S. market, thus helping segmental growth.
• By Distribution Channel: The offline segment dominates and holds the largest share of the U.S. outdoor furniture market. In the outdoor furniture market of the US, a wide range of products with the latest designs are available in offline stores. Consumers prefer physical tests and inspection of outdoor furniture before buying it. Many people buy furniture products in person, due to the convenience of buying. The demand for sofas and loungers is high from offline stores, due to the trust that consumers have in offline sellers. As per the National Retail Federation, retail sales in the US are expected to grow by 4% to 6% from 2022 to 2023. It leads to drive the demand for outdoor furniture in the US, during the forecast period. With the increasing popularity of convertible and modular outdoor furniture, people are preferring it to buy them from nearby shops. It's easy to transport and deliver large-size furniture from nearby shops. Thus, It leads to drive the demand for outdoor furniture in the US, during the forecast period.

U.S. OUTDOOR FURNITURE MARKET VENDOR LANDSCAPE

In the U.S. outdoor furniture market, there is a huge competition among the leading international players and local vendors. Many new players have started manufacturing in the U.S. market and are offering products at a lower price. The leading manufacturers of outdoor furniture are focusing on enhancing their products with various textures, styles, and colors. Due to the rising competition among leading vendors, the vendors are continuously offering newly designed outdoor furniture in the local markets. The market is characterized by the presence of several international and local players with a strong presence in the US. Some players dominating the US outdoor furniture market are Ashley Furniture Industries Inc., Berkshire Hathaway Inc., Brown Jordan Inc., Interogo Foundation, Home Depot Product Authority LLC, and Williams-Sonoma, Inc.