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Asia Pacific Outdoor Furniture Market Forecast 2027 By Material (Metal, Plastic, Wood, Textile), By Product (Chairs, Tables, Seating Sets, Dining Sets, Loungers & Daybeds), By End-Use (Residential, Commercial), Research Report, COVID-19 Impact Statistics, Country Outlook, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share
Published Date: September 2021 | Publisher: Graphical Research Report ID: GR1958 | Delivery : PDF  Request Free Sample

Asia Pacific Outdoor Furniture Market size crossed USD 2,800 million in 2020 and is poised to exhibit a CAGR of 7% from 2021 to 2027. Changing consumer preferences for private residential homes and commercial buildings in emerging economies especially India and China will bolster the market demand.

  Asia Pacific Outdoor Furniture Market Size

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The buying behavior for outdoor furniture in the Asia Pacific region is more an impulsive purchase than a carefully planned one. Aesthetics and brand image are hence the key factors influencing the buying behavior. In addition, the use of garden as a living space will create new growth opportunities for the manufacturers. Trends toward outdoor cooking & grilling are creating a need for comfortable outdoor furniture for family dinners. Growing demand for furniture from restaurants, commercial offices, private sectors, and from events will further boost the market expansion.

Asia Pacific Market, By Product

Asia Pacific Outdoor Furniture Marekt Size, By Product

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The dining sets product segment will generate over USD 2,100 million revenue by 2027 in the Asia Pacific outdoor furniture market. Dining sets are growing rapidly due to their increasing adoption in commercial spaces such as resorts, hotels, and restaurants and residential applications. The availability of several configurations of these products, including the number of seats and the types of materials used, will support the segment growth.

Asia Pacific Market, By Material

  Asia Pacific Outdoor Furniture Marekt Size, By Material

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In terms of materials, the wood segment is set to expand at 7.4% CAGR through 2027. Key features and benefits, such as environmental friendliness, high resistance, exceptional durability to any mechanical damage, high level of comfort, and impressive visual appearance, will provide a solid business prospect for the wood furniture industry. In addition, easy maintenance, rigidity, high strength, and high durability will propel the demand for the wood material segment.

Asia Pacific Market, By End-Use

The commercial sector will showcase around 6.9% growth rate during the forecast timeline. Outdoor furniture is mainly used by the commercial segment in various industries including hotels, open restaurants, resorts, hospitals, schools, colleges, and public parks. The improved weather resistance capabilities offered by this furniture along with the availability of multiple configurations will fuel the proliferation of the segment.

Competitive Industry Landscape

Some of the key manufacturers in the Asia Pacific outdoor furniture market are Outdoor’s India, Shouguang Bailing Wood Industry Co., Ltd., Linyi Haisen Wood Co., Ltd., Shouguang Sunrise Industry Co., Ltd., Linya Group, Mr’Dream, IKEA, OPM International Pvt. Ltd., and Jayaraj International Private Ltd.

 

Frequently Asked Question(FAQ) :

The market size for outdoor furniture in Asia Pacific was surpassed USD 2.8 billion in 2020 and will grow at a 7% CAGR over 2021-2027 with shifting consumer preference for residential homes and commercial buildings.
Outdoor dining sets will garner more than 2.1 billion revenue share of APAC market by 2027 on account of rising adoption across commercial spaces.
Outdoor wood furniture provides tremendous durability, environmental benefits and high resistance and will grow at more than 7.4% CAGR in Asia Pacific market through 2027.
The market share for outdoor furniture in Asia Pacific from commercial sector could observe around 6.9% CAGR up to 2027 owing to demand from resorts, hotels and restaurants.
IKEA, Outdoor’s India, Linyi Haisen Wood Co., Ltd., Shouguang Sunrise Industry Co., Ltd., Mr’Dream, OPM International Pvt. Ltd., and Jayaraj International Private Ltd., Shouguang Bailing Wood Industry Co., Ltd., Linya Group are some of the leading companies in Asia Pacific market.

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