Market Size of Europe Outdoor Furniture Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 4.67 Billion |
| Market Size (2029) | USD 5.99 Billion |
| CAGR (2024 - 2029) | 5.14 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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European Outdoor Furniture Market Analysis
The Europe Outdoor Furniture Market size is estimated at USD 4.67 billion in 2024, and is expected to reach USD 5.99 billion by 2029, growing at a CAGR of 5.14% during the forecast period (2024-2029).
European high-end outdoor furniture is one of the fast-growing segments in the furniture industry, which was hit hard by the COVID-19 pandemic. The market experienced a constant year-on-year growth rate during the review period (2018-2020), which saw a sudden drop during 2020 due to the COVID-19 outbreak.
The increase in financial spending on leisure, and attachment to old-style homes, outdoor gardens, and lawns are propelling the demand for outdoor furniture in the European Region. People in the European region emphasize using outdoor spaces as extended living spaces and want to benefit from indoor furniture. The area also has a massive demand for sun and beach holidays, which will further drive the demand for the outdoor furniture market. Also, the trend of traditional furniture and new construction in the region is expected to increase the demand for outdoor furniture such as chairs, tables, lounges, and sets, which may further enhance the industry's growth.
Some factors, such as high tensile strength, climatic conditions, weather resistance, crack proofing, and insect resistance, influence customers' purchasing behavior in the market. Moreover, customers are also looking for customization and personalization options in the market according to their wants and needs. Environmental-friendly materials such as natural wood, textiles, rattan, and wicker products are also gaining popularity in the market. Countries like Germany, the United Kingdom, France, and Italy contribute to industry growth due to increased demand for outdoor furniture in these countries.
