Asia Pacific Outdoor Furniture Market Size & Outlook
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Asia Pacific outdoor furniture market highlights
- The Asia Pacific outdoor furniture market generated a revenue of USD 10,035.3 million in 2022.
- The market is expected to grow at a CAGR of 7.1% from 2023 to 2030.
- In terms of segment, wood was the largest revenue generating material type in 2022.
- Metal is the most lucrative material type segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
| Market revenue in 2022 | USD 10,035.3 million |
| Market revenue in 2030 | USD 17,431.3 million |
| Growth rate | 7.1% (CAGR from 2022 to 2030) |
| Largest segment | Wood |
| Fastest growing segment | Metal |
| Historical data covered | 2017 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Wood, Plastic, Metal |
| Key market players worldwide | HNI Corp, Inter Ikea, Brown Jordan, Ashley Furniture Industries, Agio International Company, Lloyd Flanders, Barbeques Galore, Century Furniture |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 21.7% of the global outdoor furniture market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 17,431.3 million by 2030.
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Outdoor Furniture Market Scope
Outdoor Furniture Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Century Furniture | View profile | 101-250 | Hickory, North Carolina, United States, North America | http://centuryfurniture.com/ |
| Barbeques Galore | View profile | 1001-5000 | Irvine, California, United States, North America | https://www.barbequesgalore.com.au/ |
| Lloyd Flanders | View profile | 101-250 | Menominee, Michigan, United States, North America | https://www.lloydflanders.com/ |
| Agio International Company | View profile | 10001+ | Virginia Beach, Virginia, United States, North America | https://www.agio-usa.com |
| Brown Jordan | View profile | 1001-5000 | Saint Augustine, Florida, United States, North America | https://www.brownjordan.com |
| Inter Ikea | View profile | 1-10 | Luxembourg, Luxembourg, Luxembourg, Europe | http://www.inter.ikea.com |
| Ashley Furniture Industries | View profile | 10001+ | Arcadia, Wisconsin, United States, North America | https://www.ashleyfurnitureindustriesllc.com |
| HNI Corp | View profile | 8200 | 600 East Second Street, P.O. Box 1109, Muscatine, IA, United States, 52761-0071 | https://www.hnicorp.com |
Asia Pacific outdoor furniture market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to outdoor furniture market will help companies and investors design strategic landscapes.
Wood was the largest segment with a revenue share of 68.92% in 2022. Horizon Databook has segmented the Asia Pacific outdoor furniture market based on wood, plastic, metal covering the revenue growth of each sub-segment from 2017 to 2030.
Outdoor furniture is becoming increasingly popular among consumers in the Asia Pacific. It is anticipated that the market in the region will substantially grow the product over the projection period. Additionally, factors like rising construction projects, expanding urbanization, and rising consumer disposable income in Asia Pacific are some of the key drivers of the expansion of the outdoor furniture market. Furthermore, one of the key factors driving the market expansion in this region is the rise in tourism to nations such as Singapore, India, and Malaysia.
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Target buyers of Asia Pacific outdoor furniture market databook
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Our clientele includes a mix of outdoor furniture market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific outdoor furniture market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific outdoor furniture market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Asia Pacific outdoor furniture market size, by country, 2017-2030 (US$M)
Asia Pacific Outdoor Furniture Market Outlook Share, 2022 & 2030 (US$M)
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