The Worldwide Outdoor Furniture Industry is Expected to Reach $22.9 Billion by 2027 - ResearchAndMarkets.com
Amid the COVID-19 crisis, the global market for Outdoor Furniture estimated at US$17.1 Billion in the year 2020, is projected to reach a revised size of US$22.9 Billion by 2027, growing at a CAGR of 4.3% over the analysis period 2020-2027.
- Amid the COVID-19 crisis, the global market for Outdoor Furniture estimated at US$17.1 Billion in the year 2020, is projected to reach a revised size of US$22.9 Billion by 2027, growing at a CAGR of 4.3% over the analysis period 2020-2027.
- Wood, one of the segments analyzed in the report, is projected to record a 4.4% CAGR and reach US$13.3 Billion by the end of the analysis period.
- The U.S. Market is Estimated at $4.6 Billion, While China is Forecast to Grow at 7.6% CAGR
The Outdoor Furniture market in the U.S. is estimated at US$4.6 Billion in the year 2020. - China, the world`s second largest economy, is forecast to reach a projected market size of US$5 Billion by the year 2027 trailing a CAGR of 7.6% over the analysis period 2020 to 2027.