Patio Furniture Market Report, By Material Type (Wood, Plastic), By End Use (Commercial, Residential), By Product (Chairs, Seating Sets, Tables, Dining Sets, Loungers and Daybeds), and Regions 2024-2032

Market Overview:

"The global patio furniture market was valued at US$ 17.9 Billion in 2023 and is expected to register a CAGR of 5.8% over the forecast period and reach US$ 29.7 Bn in 2032."

Report Attributes	Details
Base Year	2023
Forecast Years	2024-2032
Historical Years	2021-2023
Patio Furniture Market Growth Rate (2024-2032)	5.8%

Patio furniture also referred as outdoor furniture is taking over the whole world and market as more and more consumers seek to improve their outdoor living spaces. This tendency to use excess areas such as patios, balconies, gardens, and even backyards for eating, entertaining, or simply relaxing has created a market for fashionable, practical and most importantly hardwearing outdoor furniture. As more and more people are seeking warm and appealing environments, more manufacturers are adopting modern trends in designing patio furniture in order to cater for the various wants that have emerged in terms of designs, materials and uses of the furniture.

In addition, the potential in ‘outdoor living’ especially in easy climates has been a major factor enhancing the growth of the worldwide patio furniture markets. Moreover, the trend of improving existing homes which was fueled by the prolonged stay at home period due to the Covid-19 pandemic has resulted in a heightened demand for outdoor furnishings that combines aesthetics and comfort with the ability to withstand environmental factors.

Sustainability has gained popularity as environmentally-conscious customers seeks furniture made of recycled plastics and durable bamboo, as well as timber that has been sourced sustainably. The integration of technology, for example, weatherproof cushions or UV resistant fabrics, increases the life of the patio furniture and makes it more appealing to the consumer.

Commercial spaces such as hotels, restaurants and resorts are also helping to propel the patio furniture market as they aim to design comfortable outdoor lounge spaces. In summary, patio furniture is changing the global market as it positively fits the current trends of consumers who are seeking cozy, stylish and eco-friendly outdoor living spaces.

Patio Furniture Market Trends and Drivers:

The global patio furniture market is on the rise due to a number of factors and trends. Among them all, rapid urbanization, especially in the case of developing regions as when people migrate towards cities, they seek to maximize the use of limited outdoor spaces such as balconies, patios, and terraces. This has accelerated the demand for outdoor furniture that is compact, functional, and high-quality to fit in small spaces.

Another significant driver is the increasing prevalence of customizable and modular furniture. People are looking for furniture that is not only affordable but also easy to install and can fit into different spaces. Customizable patio furniture allows homeowners to create personalized outdoor spaces that reflect their unique tastes, further boosting market demand.

There is also a trend of sustainability and eco-friendly practices influencing consumer behavior as more people favor furniture which is recycled or made from eco-friendly materials. Furthermore, the incorporation of modern innovative materials such as UV resistant fabrics and water repellants have enhanced the durability of patio furniture, making it more appealing for long-term use

The governments are also playing their part in the market growth by financing the construction of public resting areas, parks, and active recreation zones. Such initiatives, which promote the increase of green open spaces and urban areas, also lead to increased consumption of patio furniture by households and businesses as there is a need to furnish such zones, thus raising the demand in both household and commercial sectors. These trends and drivers are in turn contributing to the positive growth of the global patio furniture market.

Patio Furniture Market Restraining Factors:

The global market for patio furniture encounters many limitations which could restrict its expansion. One of the most major issues is the trend towards small housing units, especially in cities, where little or no space is provided for balconies, gardens, and patios. As a result, consumers have less outdoor space to furnish, reducing the demand for large or elaborate patio furniture.

In addition, fire safety precautions for the raw materials in outdoor furniture manufacturing have been regulated more closely in some countries. Such policies may increase the cost of production and limits the options of materials to the manufacturers, thereby restricting creativity and increasing costs of the products.

Other factors such as weather patterns also inhibit the growth of such a market. In regions with extreme weather conditions—such as heavy rainfall, high humidity, or scorching heat—patio furniture may degrade faster, discouraging consumers from investing in it. To address this challenge, the manufacturers will have to design materials that are able to withstand appropriate climates. However, this also comes at an additional cost, economically inhibiting the growth of the market.

Patio Furniture Market Opportunities:

The global market for patio furniture is poised for development owing to changing consumer preferences and technological progress. A growing proportion of people are interested in outdoor living and extending their homes, especially after the pandemic, which drives the need for new and practical, yet attractive, patio furniture. This is a trend that manufacturers can exploit by providing modular and adjustable furniture that meet the varying needs of consumers in different spaces.

Sustainability is yet another opportunity as environmentally-conscious consumers require furnishings manufactured from recyclable and eco-friendly materials. Those businesses that embrace such practices and promote sustainable products are likely to enjoy a competitive edge in the expanding market.

Furthermore, developing regions particularly in areas like Asia-pacific and Latin America where urbanization and increase in disposable income are triggering trends on home improvements, represent immense growth possibilities. Furthermore, developing eCommerce platforms provide manufacturers with wider geographical outreach, which also eases the process of providing customizable and affordable patio furniture across the world.

Patio Furniture Market Segmentation:

By Material Type

• Wood
• Plastic

Wood dominates the global patio furniture market due to its aesthetic appeal, durability, and natural finish that blends seamlessly with outdoor environments. Wooden furniture offers a classic and luxurious look, enhancing the ambiance of outdoor spaces. Additionally, wood’s strength and resistance to wear and tear, especially when treated for weather conditions, make it a preferred choice for long-lasting patio furniture.

By End Use

• Commercial
• Residential

The commercial segment of the global patio furniture market is expected to have the highest CAGR due to increasing investments by hotels, restaurants, resorts, and cafes in enhancing outdoor seating areas. As outdoor dining and recreational spaces gain popularity, businesses are prioritizing stylish, durable, and weather-resistant furniture to create inviting environments for customers, driving demand in the commercial sector.

By Product

• Chairs
• Seating Sets
• Tables
• Dining Sets
• Loungers and Daybeds

Loungers and daybeds are estimated to have the highest CAGR due to their rising popularity in creating luxurious, relaxation-focused outdoor spaces. Their comfort and versatility make them ideal for residential patios, resorts, and poolside areas. Additionally, other outdoor furniture like chairs and tables is expected to see significant growth, driven by increasing demand for functional, space-saving designs in both residential and commercial settings. As more consumers invest in enhancing their outdoor living spaces, the need for durable, weather-resistant furniture options will further boost demand across product categories.

By Region

North America

• United States
• Canada

Europe

• Germany
• United Kingdom
• France
• Italy
• Spain
• Russia
• Poland
• Benelux
• Nordic
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• South Korea
• ASEAN
• Australia & New Zealand
• Rest of Asia Pacific

Latin America

• Brazil
• Mexico
• Argentina

Middle East & Africa

• Saudi Arabia
• South Africa
• United Arab Emirates
• Israel
• Rest of MEA

The global patio furniture market is divided into five key regions: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America dominates the global patio furniture market due to several factors. First, the region's strong home improvement culture drives consumer investment in outdoor living spaces, with patios, decks, and gardens becoming extensions of indoor areas for relaxation and entertainment. The trend of outdoor dining and leisure, particularly in warmer climates, further boosts the demand for patio furniture. Additionally, North America's high disposable income levels and the growing preference for luxury outdoor furniture, including loungers, dining sets, and daybeds, contribute to market growth.

The commercial sector, particularly hotels, resorts, and restaurants, is also fueling demand as businesses invest in outdoor furniture to create attractive seating areas for guests. Furthermore, the rise in eCommerce platforms in the U.S. and Canada has made it easier for consumers to purchase a wide range of patio furniture, supporting market expansion in the region.

Leading Companies in Patio Furniture Market & Competitive Landscape:

The global patio furniture market is highly competitive, with leading players focusing on strategies such as product innovation, sustainable practices, and expanding their online presence to dominate the market. Key manufacturers are introducing eco-friendly, weather-resistant materials and customizable designs to meet evolving consumer demands. Additionally, collaborations with eCommerce platforms and retail chains are helping companies reach a broader customer base. To stay ahead, many are also investing in technological advancements, such as smart furniture with integrated lighting or heating, enhancing the outdoor living experience. These strategies are helping market leaders maintain a strong position globally.

These companies include:

• Agio International Company Limited
• Artie
• B&BItalia
• Barbeques Galore
• Brown Jordan
• Coco Wolf
• Yotrio Corporation
• Dedon
• EGO Paris
• Emu Group
• Ethimo
• Exteta
• Extremis
• Fischer Mobel GmbH
• Gandia Blasco
• Gloster
• Hartman
• HIGOLD
• Homecrest Outdoor Living
• Ikea
• Kettal Group
• Linya Group
• Lloyd Flanders
• Mamagreen
• Manutti
• MR DEARM
• Oasiq
• Rattan
• RODA
• Royal Botania
• Sifas

Recent Development:

• October 2024, Indoor Outdoor Patio Furniture, a leading supplier of high-quality outdoor furniture, has announced the launch of its new line of durable and stylish patio furniture. With the goal of revolutionizing the way people enjoy their outdoor spaces, Indoor Outdoor Patio Furniture aims to provide customers with the perfect combination of comfort, functionality, and aesthetics.

Patio Furniture Market Research Scope

Report Metric	Report Details
Patio Furniture Market size available for the years	2021-2023
Base Year	2023
Forecast Period	2024-2032
Compound Annual Growth Rate (CAGR)	5.8%
Segment covered	By Material Type, End Use, Product, and Region
Regions Covered	North America:  The U.S. & Canada Latin America: Brazil, Mexico, Argentina, & Rest of Latin America Asia Pacific: China, India, Japan, Australia & New Zealand, ASEAN, & Rest of Asia Pacific Europe: Germany, The U.K., France, Spain, Italy, Russia, Poland, BENELUX, NORDIC, & Rest of Europe The Middle East & Africa:  Saudi Arabia, United Arab Emirates, South Africa, Egypt, Israel, and Rest of MEA
Fastest Growing Country in Europe	Germany
Largest Market in Asia Pacific	China
Key Players	Agio International Company Limited, Artie, B&BItalia, Barbeques Galore, Brown Jordan, Coco Wolf, Yotrio Corporation, Dedon, EGO Paris, Emu Group, Ethimo, Exteta, Extremis, Fischer Mobel GmbH, Gandia Blasco, Gloster, Hartman, HIGOLD, Homecrest Outdoor Living, Kettal Group, Linya Group, Lloyd Flanders, Mamagreen, Manutti, MR DEARM, Oasiq, Rattan, RODA, Royal Botania, Sifas, and among others