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Outdoor Furniture Manufacturing in the US - Industry Market Research Report

Publisher IBISWorld
Published Aug 27, 2024
Length 82 Pages
SKU # IBSS19120687

Description

Outdoor Furniture Manufacturing in the US - Industry Market Research Report


Outdoor Furniture Manufacturing in the US

The Outdoor Furniture Manufacturing industry produces furniture for outdoor settings, like backyards, patios, decks, and swimming pools. Just under half of outdoor furniture is made of metal and other materials, while others are made of wood and upholstery; typical products include picnic tables, lawn chairs, and awnings. Since households purchase most outdoor furniture, demand typically rises with improved disposable income and greater housing starts. However, COVID-19 and the subsequent temporary closure of industry establishments and downstream markets diminished demand for outdoor furniture in 2020. Furthermore, industry revenue has primarily declined because of intense import competition. Over the five years to 2023, industry revenue is expected to decrease at a CAGR of 4.1% to $1.8 billion, including an anticipated 3.6% decline in 2023 alone.

This industry manufactures outdoor furniture, such as lawn and patio chairs, picnic tables and patio umbrellas. Outdoor furniture can be made of various materials, including metal, wood and plastic. Items are designed to be placed outside the home. Furniture designed specifically for camping is excluded from this industry.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Table of Contents

82 Pages
ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

Pricing

Currency Rates
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