Outdoor Furniture Market in the US 2015-2019

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Outdoor Furniture Market in the US 2015-2019

The report discusses the following in-depth:

• Market Size and Forecast

• Market Segmentation

• Buying Criteria

• Vendor Landscape

• Business Segmentation

• Geographical Segmentation

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Outdoor Furniture Market in the US 2015-2019,

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Key Trends

Technavio’s Senior Analyst says, “Changing consumer lifestyles have enhanced the demand for outdoor furniture as people these days tend to spend quality time with family and friends by engaging in outdoor leisure activities. This furniture is in high demand as it is made of natural, durable, and weather-resistant materials and provides an esthetic appeal to the outdoor space. Increasing construction activities and the availability of high-quality furniture are also favorable for market growth.”

• Post the economic recovery in the US, consumers are slowly regaining their confidence and have started spending more on items such as furniture. In the US, the demand for outdoor furniture is increasing as these are considered as comfortable items for relaxation and lounging outside. They are also used for decoration and outdoor entertainment.

•Technavio’s analysts forecast the outdoor furniture market in the US to grow at a CAGR of 4% over the period 2014-2019.

• Understanding the key drivers influencing the market

• Understanding the challenges faced by the market

• Activities of various stakeholders involved

• Key focus areas for the vendors

• Major trends that will shape the future of this market

• Vendor landscape and trajectory of the market

• Conclusion

Scope of The Report

A detailed analysis of each market driver, challenge

and trend isavailable in our report:

Outdoor Furniture Market in the US 2015-2019

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Vendors

To understand the vendor landscape and for a full list of vendors view our report:

Outdoor Furniture Market in the US 2015-2019

Brown Jordan

Century Furniture

Forever Patio

Brown Jordan was one of the leading vendors in the outdoor furniture market in the US in 2014. The company is known for making exclusive all-weather outdoor furniture. It is well recognized as the innovator that introduced tubular aluminum and vinyl lace designs called “Leisure.” The company has more than 30 collections to its credit.

Century Furniture was another leading vendor in the market in 2014. The company manufactures premium residential furniture. It offers a wide range of wood and upholstered furniture, which comprises bedroom, dining, and occasional collections in traditional, transitional, and contemporary styling.

Forever Patio was a leading vendor in the market in the US in 2014. The company is committed to quality. It helps vendors improve their catalog selection with the best quality craftsmanship and helps consumers find the perfect, stylish, and durable outdoor sets for their backyards.

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Market Landscape

• The furniture market is directly dependent on the construction sector and the development of new housing projects.

• Growth of both sectors declined considerably during the recession of 2008-2009, which affected the sales of outdoor furniture.

• A large percentage of consumers purchase furniture either on credit cards or through layaway-type plans.

• Therefore, the low availability of credit has added to the woes of furniture vendors.

• The US economy, however, has gained more momentum since 2010.

• This has positively influenced the demand for outdoor furniture, driven by the high availability of resources.

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Key Buying CriteriaGuest Bloggers

• Authenticity • Delivery • Price• Service

Support

Parameter Details

Maintenance Outdoor furniture should be easy to store, carry, and maintain.

Variety Products of different styles, colors, and designs should be available.

Cost-effectiveness Products should be available at a reasonable price.

Customer Service SupportVendors should provide timely and comprehensive help and support for technical or operational issues by offering several contact methods, including online chat, telephone, and email.

• Growth Forecasts?

• Market Analysis?

• Revenue Forecasts?

• Regional and Country level Analysis?

• Competitive Structure?

• Emerging Trends?

• Vendor Landscape?

• Other?

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Outdoor Furniture Market in the US 2015-2019

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