Street Furniture Market Latest Trends and Analysis, Future Growth Study by 2030

Market Snapshot
The expansion of the furniture industry in the Asia-Pacific area is what fuels the Indian market for outdoor furniture. The country's growing influx of foreign visitors is fueling the global outdoor furniture sector. The demand for outdoor furniture may also rise as a result of government-led initiatives to encourage the use of open spaces and significant investments to modify public spaces, parks, sports arenas, and other areas. In India, multifunctional outdoor furniture is gaining popularity as a practical solution to the space problem. Because they have a distinctive appearance and stand out from the crowd, furniture made of mixed materials is also becoming more popular in the outdoor furniture market. Patio furniture is primarily used for balconies, terraces, and gardens in the residential sector. While

Wood to maintain its dominance through 2027
In 2020, the wood sector accounted for more than 50% of the market share for outdoor furniture, and through 2027, it is anticipated to increase at a rate of around 6.5%. Wood is one of the most preferred material choices for outdoor garden furniture due to benefits like superior comfort, eco-friendliness, strength, and aesthetic appeal. It is frequently used to make outdoor furniture for both residential and commercial use. Wooden outdoor furniture is affordable, attractive, and long-lasting, which helps to drive market growth. From 2021 to 2027, the textile material segment is anticipated to have rapid expansion. In addition to having resistance, textile for furniture comes in a variety of colours and patterns to match the surroundings. The desire for textile materials is being driven by their lower cost and greater summertime comfort as compared to leather options. Variants that are capable of withstanding heavy wear and tear include superior quality textiles.

increased demand for mid-range outdoor furniture
The majority of the market revenue share in 2020 was made up of furniture in the mid-price level. This expansion is attributable to the accessibility of a broad range of goods at reasonable prices. The creation of low-cost production technologies, the employment of contemporary tools, and product quality all contribute to the segment's growth. These goods have a wide spectrum of clients who find them attractive and long-lasting. Without investing in retail shop spaces, a number of e-commerce behemoths are focusing on clients in the medium price range to obtain economies of scale and increase profits. By 2027, the market for outdoor furniture in North America is anticipated to reach $7.6 billion. The growth of the hospitality sector and the public's inclination for changing their standard furniture set with pieces that have several uses are contributing to the region's supremacy. The market outlook is being further strengthened by the growth of recreational centres and offices with gardens. But the emergence of smart homes and consumers' growing preference for smaller homes are encouraging businesses to invest in creative ways to boost the furniture's multifunctionality.

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Global Street Furniture Market: Major Players
Agio International Company Limited
Homecrest Outdoor Living LLC
Keter Group
Century Furniture
Adams Manufacturing
Lloyd Flanders
Ashley Furniture Industries Inc.
Brown Jordan
Inter IKEA Group
Barbeques Galore

Global Street Furniture Market: Types
Chairs
Tables
Seating Sets
Loungers and Daybeds
Dining Sets

Global Street Furniture Market: Applications
Residential
Commercial

Global Street Furniture Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Street Furniture market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

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Frequently Asked Questions
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