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Outdoor Furniture Market in the US 2017-2021

Outdoor Furniture Sector: Forecast until 2021 in the US

  • January 2017
  • 103 pages
  • ID: 3009279
In this report:
The average annual furniture expenditure decreased by ##.##% during the last decade (2005-2015) in the country.
The outdoor furniture market in the US is expected to grow at a CAGR of ##% during the forecast period.
According to World Bank, Internet penetration in the country reached ##.##% in 2015, and this has enabled a large section of consumers to gain access to online retail platforms.

Summary

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About Outdoor Furniture

The industry demand for outdoor furniture has rised, driven by increase in the outdoor landscaping sector in the US. Consumers' purchase decisions for outdoor furniture are largely influenced by their changing lifestyles and the equal emphasis on both interior and exterior décor. The recovery of the US economy has also helped increase the purchase of outdoor furniture as people seek to expand their outdoor living areas. Outdoor furniture products that are made of natural, durable, and weather-resistant materials are in strong demand, as they offer an aesthetic appeal to the outdoor space. Growing construction activities and the availability of high-quality furniture are also encouraging for the market's growth.

Research company's analysts estimation the outdoor furniture sector in US to grow at a Compound annual growth rate of ~4.0 percent between 2017 and 2021.

What is the scope of this report?

The market research contains the current situation and the growth perspectives of the outdoor furniture sector in US for 2017-2021. To calculate the market value, the industry report considers the income generated from the retail sales of outdoor furniture to individual customers and commercial users in the USA

Market research company's report, Outdoor Furniture Sector in US 2017-2021, has been produced established on a comprehensive and detailed market studies with data coming from specialists of the sector. The study describes the market outlook and its growth expectations over the next years. This study also comprises conversations with top vendors operating in this segment.

Who are the market dominants?

- Increase in demand for superior quality products from affordable-premium categories.

- For a full, in-depth list, view our market report

What are the ongoing market challenges?

- Criticality of inventory management, product sourcing, and supply chain management.

- For a full, exhaustive list, view our market report

How is the market going?

- Outdoor furniture products with multifunctional features.

- For a full, in-depth list, view our market report

What are the main questions answered in this report?

- What will the market value be in 2021 and what will the increase rate be?

- What are the key market forecasts?

- What is driving this sector?

- What are the conditions to market growth?

- Who are the main sellers in this market environment?

- What are the opportunities in this industry and segment risks faced by the main vendors?

- What are the forces and weaknesses of the main vendors?

If you acquire this report, you can ask for one free hour with one of our analyst. Further information is provided within the report.

What is the research methodology used in this report?

The research method is based on exhaustive primary and secondary research. Primary research contains exhaustive interviews with clients, sellers, resellers and also industry experts. Secondary research contains: company and industry reports but also publications coming from associations or Government agencies.

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ref:plp2017

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