The Home Depot announced the investment in Mexico through opening of four new stores, as a commitment to the communities in which they are located.
Brown Jordan Company announced the introduction of three commercial-grade outdoor furniture collections for the residential as well as commercial purpose.
Author Credits: Parul Atri
Report ID: 304
Published Date: Jun 12, 2024
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
In the year 2024, the industry size of outdoor furniture is assessed at USD 52.85 Billion.
The outdoor furniture market size was valued at USD 50.27 Billion in 2023 and is likely to reach USD 106.63 Billion by the end of 2036, expanding at around 5.8% CAGR during the forecast period i.e., between 2024-2036. Surging popularity of eco-friendly furniture, rising open air sports, and rapid pace of urbanization and increase in consumer purchasing power are the major factors driving the market growth.
North America is projected to hold the largest industry share by the end of 2036, driven by rising concept of extravagant outdoor living spaces with new materials, comfortable seating, and elegant lighting has uplifted the market for outdoor furniture.
Brown Jordan Company, Winston Furniture Company of Alabama, LLC, Home Depot, Forever Patio, Homecrest Outdoor Living, DEDON GmbH, Century Furniture LLC, Barbeques Galore, GLOSTER FURNITURE GMBH, Agio International Company, LTD