Outdoor furniture or garden furniture and grill that are designed for outdoor use are made using weather resistant materials. Increasing trend of decorating outdoor living areas such as decks, patios, and porches along with outdoor diners and recreational activities are driving growth of the outdoor furniture and grill market. Therefore, manufacturers are focusing on launching new product line of outdoor furniture to expand consumer base. For instance, A.R.T. Furniture, Inc. launched outdoor furniture line in March 2017. Kannoa, a furnishing manufacturer, launched Eddie Bauer outdoor furniture collection in January 2017. Furthermore, increase in the number of construction industries is fueling the growth of outdoor furniture and grill market. For instance, according to the U.S. Census Bureau, construction industry was valued at US$ 1,112.4 billion in 2015, which increased by 4.5% to US$ 1,162.4 billion in 2016.
Outdoor Furniture and Grill Market Taxonomy
Based on product type, outdoor furniture and grill market is segmented into:
Based on material type, outdoor furniture and grill market is segmented into:
Based on end-user, outdoor furniture and grill market is segmented into:
In 2016, furniture segment was the largest segment in the global outdoor furniture and grill market. This is attributed to the rising trend of barbeque and outdoor diners along with outdoor recreational activities. For instance, according to the Food Standards Agency (FSA), U.K. hosted above 125 million barbecues in 2013. Residential segment accounted for highest market share in the global outdoor furniture and grill market in 2016, owing to rising trend of outdoor living areas including decks, patios, and porches along with increasing construction activities in the residential sector. For instance, according to the U.S. Census Bureau, residential construction market was valued at US$ 47.3 billion in 2016, which increased to US$ 52.6 billion in 2017.
Outdoor Furniture and Grill Market Outlook
Manufacturers operating in the global outdoor furniture and grill market are adopting various strategies such as new product launches and collaborations to retain market position. For instance, in March 2017, Boston Interiors Home Furnishings, LLC launched an outdoor furniture line. In December 2016, Patios launched Nardi, an outdoor furniture brand in India. In July 2016, Royal Botania N.V. collaborated with designer Louis Benech to produce Nara, an outdoor furnishing line.
Key players operating in the global outdoor furniture and grill market include Agio International Co., Inc., Homecrest Outdoor Living, LLC, Brown Jordan International Inc., Century Furniture LLC, Craftmade International Inc., Brown Jordan International Inc., Unaka Corporation, Weber-Stephen Products LLC, Keter Plastic Ltd., and Tropitone Furniture Co Inc.
Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:
In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.
Coherent Market Insights desk research is based on a principle set of research techniques:
Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:
Preliminary Data Mining
The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.
Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.
Coherent Statistical model
We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:
Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.
This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:
The primary research is conducted with the ecosystem players including, but not limited to:
Finding it difficult to find the research that would cater to your business demands? Give us a chance to help you. One of our Research Consultants will connect to provide a customized solution.[email protected]
Talk to our research consultant to design an exclusive report as per your research needs.
We aim to fulfil client's research demands with tailored research solutions.
We aim to provide research studies in quickest turnaround time and in a much cost effective manner.
We cover each industry from supply and demand side with an aim to provide a most holistic research study.
We strive to provide most accurate and reliable research findings in our research reports.