The Global
Outdoor Furniture and Parasols Market is ready to boom with new growth opportunities. Further analysis gives a brief overview of the dynamics in the fast-growing, transforming market of Global Outdoor Furniture and Parasols, which caters to rather vast and fast-growing consumer tastes and preferences. The Global Outdoor Furniture and Parasols market is estimated to reach $ 51818.8 million in 2024 with a CAGR of 4.5% from 2024-2031.
Top Companies
Brown Jordan, Agio International Company Ltd., Ashley Furniture Industries, Inc., Home Depot Product Authority, LLC, Barbeques Galore, Keter Plastic Ltd., Treasure Garden Inc., Dedon GmbH, Yotrio Corporation, Hartman Outdoor Products Limited, Fermob, Tuuci, Gloster Furniture GmbH
The rise in global temperatures and increasing concern for outdoor living spaces have largely influenced the demand for outdoor furniture and parasols. As consumers seek to enhance their outdoor environments, there has been a noticeable trend toward stylish, functional outdoor furnishings. This demand is continuously challenging manufacturers to further innovate and diversify their product lines so that they can cover many tastes and functional demands.
This comes key among others against the backdrop of increasing popularity of outdoor social activities. A sudden demand surge for comfortable and durable outdoor furniture and parasols is apparent for family gatherings, dinner outdoor lunches and dinner, and other recreational uses. This preference shift to lifestyle has encouraged businesses to invest in high quality materials and design features that promise a long service life and can fight against the elements.
Another trend the market is focused on is that of eco-friendly and sustainable products. With enhanced awareness about the environment, consumer behavior has begun to gravitate toward furniture produced from recycled or renewable materials. A trend that furthers environmental conversation, it also helps fulfill the modern customer's requirement: to be responsible while making a purchase. As a result, manufacturers have no choice but to adopt sustainable methods of production that will offer green alternatives in the marketplace.
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