October 8, 2024

Growth

US Outdoor Furniture Market to Hit .83 Billion by 2028, Eco-Friendly and Compact Designs Fueling Growth

US Outdoor Furniture Market to Hit $12.83 Billion by 2028, Eco-Friendly and Compact Designs Fueling Growth

Inez Caron February 22, 2024
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US Outdoor Furniture Market

US Outdoor Furniture MarketUS Outdoor Furniture Market

US Outdoor Furniture Market

Dublin, Feb. 16, 2024 (GLOBE NEWSWIRE) -- The "U.S Outdoor Furniture Market - Focused Insights 2023-2028" report has been added to ResearchAndMarkets.com's offering.

The latest industry insight has been released, presenting focused data and comprehensive analysis on the US outdoor furniture market. The report reveals an anticipated robust growth, projecting the market value to reach a substantial $12.83 billion by 2028. This trend reflects a significant compound annual growth rate (CAGR) of 5.51% from 2022.

The US outdoor furniture market is experiencing an upward trajectory, fueled by an array of factors including the increasing demand for lightweight and stylish furniture solutions. The push for durability and weather resistance in furniture designs is also underpinning market expansion. Furthermore, a notable shift towards sustainable and eco-friendly outdoor furniture options is resonating with the environmentally conscious US consumer base.

Key Highlights of the Market:

  • Launching from a valuation of $9.30 billion in 2022, the outdoor furniture market is set for significant growth.

  • Eco-friendly and sustainable furniture options are carving out substantial market share, indicating a rising consumer conscience.

  • Demands within the residential sector skyrocket, while the hospitality industry shows a keen interest in expanding its range of outdoor seating and lounging options.

  • Plastic outdoor furniture is gaining popularity for its lightweight and portability, making it a choice pair for consumers prioritizing flexibility and ease of use.

Market Segmentation & Future Forecast

The study delves into nuanced market segmentation focusing on materials used, product types, end-user categories, and distribution channels:

  1. A material-wise segment that includes wood, metal, plastic, among others.

  2. Product-specific insights covering seating sets, loungers, dining sets, tables, chairs, and more.

  3. End-user segmentation that differentiates between residential and commercial applications.

  4. Distribution channel analysis between offline and online stores.

The detailed market structure overview also encompasses market dynamics and a competitive landscape, providing insights into strategic positioning and operations of key and other prominent vendors in the US outdoor furniture space.

Market Dynamics: The report provides an in-depth look at the drivers and restraints affecting market growth, alongside existing and emerging trends that are shaping the industry outlook.

Competitive Landscape: This research offers a critical analysis of the existing competitive field, profiling leading companies and examining the role of other significant market players.

The comprehensive nature of the study equips stakeholders, investors, and industry professionals with a robust tool to navigate the complexities of the US outdoor furniture market. It sets a precedent for informed decision-making and strategic planning within the sector.

For those seeking to understand the current market scenario and to anticipate future trends, this report is an invaluable resource.

Appendix
The report includes an appendix section providing additional information on research methodology, abbreviations, and analyst expertise, reinforcing the rigor and precision behind the data and forecasts presented.

Key Topics Covered:

  1. Market Insights

  2. Trends and Opportunities

  3. Industry Overview

    • Competitive Landscape

    • Key Players

  4. Future Outlook and Methodology

  5. Appendix

Key Attributes

Report Attribute

Details

No. of Pages

78

Forecast Period

2022 - 2028

Estimated Market Value (USD) in 2022

$9.3 Billion

Forecasted Market Value (USD) by 2028

$12.83 Billion

Compound Annual Growth Rate

5.5%

Regions Covered

United States

A selection of companies mentioned in this report includes

  • Ashley Furniture Industries Inc.

  • Berkshire Hathaway Inc.

  • Brown Jordan Inc.

  • Interogo Foundation

  • Home Depot Product Authority LLC

  • Williams-Sonoma, Inc.

  • Agio International Company, LTD

  • Sunset West USA

  • Gabriella White LLC

  • Lloyd Flanders, Inc.

  • Century Furniture LLC.

  • HNI Corporation

  • Herman Miller Inc.

  • Lowe's Companies Inc.

  • The Prestwick Companies

  • Countryside Amish Furniture

  • Molteni&C

  • Castelle

  • Mallin Casual Furniture

  • Woodard Furniture

  • Sika Design

  • Oxford Industries

  • Joss & Main

  • Winston Furniture Company of Alabama, LLC

  • Poly-Wood, LLC

  • O.W. Lee

  • Bernhardt Furniture Company

  • Design Within Reach

  • Target Brands, Inc.

  • Telescope Casual

  • Homecrest Outdoor Living

  • LUXCRAFT

  • Seaside Casual Furniture

  • MAMAGREEN LLC

  • Cane-line.com.

  • Walmart

  • Wayfair LLC

  • Costco Wholesale Corporation

  • Bed Bath & Beyond Inc.

  • Keter

  • Otto GmbH

  • Restoration Hardware

For more information about this report visit https://www.researchandmarkets.com/r/30zubj

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

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Creating growth bogs down in 2023 as torrid design speed slows to continuous stream

Creating growth bogs down in 2023 as torrid design speed slows to continuous stream

Inez Caron July 6, 2023

The Nelson setting up growth has not bust but it has surely slowed from the frenetic tempo it has exhibited over the very last handful of years, in accordance to latest figures launched from the Town.

The City of Nelson’s Development Companies disclosed that, even though the number of constructing permits to-day is down a little — from 86 to 84 — from last calendar year, the approximated value of the permits is significantly less than 50 %.

Past year the town noticed $31.7 million value of constructing permits go out the doorway of Town Hall, as opposed to just underneath $14 million this yr in the identical time frame. The vast majority of the permits and the approximated benefit ($4 million) has been taken up by a few permits issued for improvement at 910 Lakeside Generate.

There have been eight one device dwellings (like garages and carports) renovation and addition permits issued in 2023 for $383,000, although 12 for $848,960 ended up on record in 2022. There were 5 industrial and industrial permits issued this calendar year — for $160,000 — in comparison to none very last 12 months.

There have been no new design permits issued in 2023 for solitary device dwellings, professional and industrial, and authorities and institutional. Last calendar year there were being two one dwelling device permits issued ($1.76 million) and two commercial and industrial ($15.5 million) permits handed out.

Solitary dwelling units — which include one relatives households, laneway homes and secondary suites — have dropped from 22 in 2022 to 16 in 2023 in the very same calendar time body, with multi-unit dwellings plummeting from 140 to-day in 2022 to only 18 this year.

The flatline does not signify design has halted. In actuality, there are various major projects however on the guides, including the Culos Enhancement on the waterfront, the Mount St. Francis advancement and the Vernon Street undertaking.

With creating and improvement ramping up in Nelson prior to this calendar year the Town experienced to employ the service of new Development Expert services staff members final yr to facilitate implementation of new principles for laneway housing. The regulations included growing the allowable measurement for laneway houses in conditions of the gross flooring space, the creating footprint, as effectively as the top.

The enhanced density allowed on lots in household neighbourhoods was crucial to the modifications, enabling people today to construct 3 dwelling units on a lot (as long as they meet specified ton measurement requirements), as in comparison to previously only two units allowed on a whole lot.

Hitting the slope

Considering that 2016 advancement development values have been steadily rising in Nelson, jumping from $15 million five several years ago to more than $45.7 million in 2019.

Despite the fact that 2020 observed a decrease to $28.7 million — a decline that possible reflected the effects of COVID-19 — the range figure is even now a lot larger than has ordinarily happened.

Dwelling models and enhancement permits rose, peaked in 2019, dropped back again down a bit for 2020 and then started to climb once again in 2021 and 2022, mounting slightly this calendar year. In 2016 there were being a full of 30 dwelling models under building in 2016, but 4 a long time afterwards the total rose to 194, with a reduction to 61 units in 2020.

Permits followed a identical trajectory, improved from 52 permits in 2016 to more than a 100 in 2019, and then down to 94 in 2020.

A look back

The 2018 development period observed the authentic starting of the recent growth Nelson is in, not just by one spouse and children homes but with some more substantial projects in the metropolis, like a 47-unit, 4-storey advancement by Nelson Cares situated shut to Lakeside Park.

The SHARE Housing Initiative — which consisted of a 4-storey, 39-device growth with some commercial at grade — got underway that year, with the four-storey Nelson CARES advancement on Corridor Road finalized that similar calendar year.

Increase constructing

The building boom started out early in 2022 and did not let up. Building permit studies for the town for the initial two months of the yr showed an increase around 2021, also regarded as a quite active design calendar year in the city.

Digging into the figures there have been 21 setting up allow purposes submitted to the city’s Development Companies to day (stop of February), behind the 29 issued in the exact time frame in 2021.

Having said that, the benefit of the permits experienced risen markedly, to $7.4 million to-day from $2.6 million, driven by $5.6-million truly worth of multi-unit dwellings. Single family members household residences only accounted for one of the permits.

Hitting the slope

Due to the fact 2016 progress building values have been steadily increasing in Nelson, leaping from $15 million five yrs ago to over $45.7 million in 2019.

Though 2020 observed a decrease to $28.7 million — a decline that probably reflects the effects of COVID-19 — the variety figure is nonetheless significantly greater than has traditionally happened, noted a city staff report from final yr.

“The metropolis is continue to observing significant building, even in the confront of soaring design components expenditures. Similarly, issuance of developing permits has steadily increased, from 166 permits in 2016 to more than 200 in 2020.”

Dwelling models and improvement permits rose, peaked in 2019, dropped back again down slightly for 2020 and then started to climb yet again in 2021. In 2016 there were being a complete of 30 dwelling models under construction in 2016, but four years afterwards the complete rose to 194, with a reduction to 61 models in 2020.

Permits adopted a equivalent trajectory, improved from 52 permits in 2016 to around a 100 in 2019, and then down to 94 in 2020.

A appear again

The 2018 development time noticed the actual commencing of the last constructing growth, not just with one family households but with some larger tasks in the city, including a 47-unit, 4-storey progress by Nelson Cares positioned close to Lakeside Park.

The SHARE Housing Initiative — which consisted of a four-storey, 39-unit enhancement with some commercial at grade — acquired underway that 12 months, with the four-storey Nelson CARES improvement on Hall Road finalized that identical calendar year.

Timothy Schafer, Local Journalism Initiative Reporter, The Nelson Daily

Nelson’s constructing growth bogs down in 2023 as torrid development rate slows

Nelson’s constructing growth bogs down in 2023 as torrid development rate slows

Inez Caron June 26, 2023

The Nelson making increase has not bust but it has certainly slowed from the frenetic speed it has exhibited over the past handful of many years, according to modern figures released from the city.

The Town of Nelson’s Improvement Expert services uncovered that, although the amount of constructing permits to-date is down slightly — from 86 to 84 — from last yr, the believed benefit of the permits is fewer than half.

Very last year the metropolis observed $31.7 million worthy of of creating permits go out the doorway of City Hall, in contrast to just under $14 million this year in the same time body. The majority of the permits and the estimated worth ($4 million) has been taken up by 3 permits issued for growth at 910 Lakeside Dr.

There have been eight single-device dwelling (which includes garages and carports) renovations and addition permits issued in 2023 for $383,000, when 12 for $848,960 were on report in 2022. There had been 5 professional and industrial permits issued this calendar year — for $160,000 — as opposed to none previous calendar year.

There have been no new construction permits issued in 2023 for solitary-device dwellings, commercial and industrial, and federal government and institutional. Last 12 months there were being two solitary-dwelling device permits issued ($1.76 million) and two business and industrial ($15.5 million) permits handed out.

Single-dwelling models — such as single family houses, laneway households and secondary suites — have dropped from 22 in 2022 to 16 in 2023 in the exact same calendar time frame, with multi-device dwellings plummeting from 140 to-date in 2022 to only 18 this 12 months.

The flatline does not imply construction has halted. In simple fact, there are quite a few main projects nonetheless on the books, which include the Culos Advancement on the waterfront, the Mount St. Francis improvement and the Vernon Street housing challenge.

With developing and improvement ramping up in Nelson prior to this year the city experienced to hire new Development Solutions team final year to aid implementation of new regulations for laneway housing. The guidelines bundled rising the allowable measurement for laneway properties in phrases of the gross ground location, the constructing footprint, as perfectly as the peak.

The amplified density allowed on heaps in household neighbourhoods was crucial to the improvements, making it possible for men and women to assemble three dwelling models on a ton (as prolonged as they meet up with specified whole lot measurement specifications), as compared to beforehand only two units allowed on a large amount.

Due to the fact 2016 enhancement construction values have been steadily raising in Nelson, leaping from $15 million five a long time in the past to above $45.7 million in 2019.

Though 2020 observed a lessen to $28.7 million — a drop that likely mirrored the effect of COVID-19 — the range determine is nonetheless considerably better than has typically transpired.

Dwelling models and enhancement permits rose, peaked in 2019, dropped back down a little bit for 2020 and then started to climb once more in 2021 and 2022, increasing slightly this yr. In 2016 there were being a full of 30 dwelling models below building in 2016, but 4 decades later the complete rose to 194, with a reduction to 61 units in 2020.

Permits followed a related trajectory, elevated from 52 permits in 2016 to about a 100 in 2019, and then down to 94 in 2020.

The 2018 design period noticed the serious starting of the present-day growth Nelson is in, not just by one household residences but with some bigger tasks in the metropolis, such as a 47-unit, four-storey enhancement by Nelson CARES positioned shut to Lakeside Park.

The SHARE Housing Initiative — which consisted of a 4-storey, 39-device growth with some commercial at quality — got underway that year, with the 4-storey Nelson CARES growth on Hall Road finalized that exact same yr.

The setting up boom commenced early in 2022 and did not enable up. Building allow data for the town for the to start with two months of the 12 months confirmed an enhance in excess of 2021, also considered a really active building 12 months in the metropolis.

There ended up 21 developing allow programs submitted to the city’s Progress Solutions to date (finish of February), guiding the 29 issued in the same time body in 2021.

Having said that, the worth of the permits had risen markedly, to $7.4 million to-day from $2.6 million, pushed by $5.6-million well worth of multi-device dwellings. One loved ones residential residences only accounted for a single of the permits.

The Most popular Neighborhoods of Washington’s True Estate Growth

The Most popular Neighborhoods of Washington’s True Estate Growth

Inez Caron April 1, 2022

Protect image-illustration by C.J. Burton.

Options

A Nightmare on Foxhall Highway

Photograph by Jeff Elkins

The pair of houses in 1 of DC’s most upscale neighborhoods were marketed as “built to perfection” by their high-profile developer: Steve Salis, the restaurateur behind the beloved local places Ted’s Bulletin and Kramers. But the family members who moved in allege they had been defrauded into acquiring dangerous, approximately $2-million lemons. By Marisa M. Kashino.

 

The Significant Lie About “the Significant Lie”

Photograph-illustration by Israel Vargas.

In the MAGA-verse “stolen election” theory, a small-acknowledged tech enterprise, Smartmatic, turned a prime villain, accused of “rigging” the vote. Now it is suing Rudy Giuliani and other folks who it explained spread the Massive Lie. The case could prove to be a essential new weapon in the battle towards the real fake news. By Luke Mullins.

 

The Best Neighborhoods of Washington’s Actual Estate Boom

Image-illustration by Justin Metz.

Because the start out of the pandemic, the current market has gone nuts. But the increasing tide has not lifted all areas similarly. Here’s a seem at some of the sites wherever prices and profits have soared the most. By Marisa M. Kashino, Michele Lerner, and Mimi Montgomery.

Funds Remark

Photograph by Justin Scalera/HABS.

Totally free Quonset Huts!: The piece of Brookland record that could be shed. By Rob Brunner.

A Moreover for DC: CNN’s massive bet on Washington. By Luke Mullins.

Capital of Dance Music: The audio festival from Echostage’s founder. By David Catanese.

What’s New with LQBTQ+ Bars: As nightlife ramps back up, DC’s LGBTQ+ bar scene is increasing. A swift appear at 3 new spots to examine out. By David Tran.

Roberto Returns: Regional celebrity chef Roberto Donna is back again in the kitchen area. A look at some of his a lot of ups and downs. By Anna Spiegel.

Huge Photograph: A bright homage to good ladies. Photograph by Evy Mages.

IQ

Photograph by Jeff Elkins

Job interview: Supreme Court qualified Linda Greenhouse on a remodeled establishment. By Andrew Beaujon.

Background: The ice-product fight on H Street, Northeast. By Vincent Femia. 

Everyday living, Wellbeing & Journey

Flights of Extravagant: 6 new nonstop flights. By Norie Quintos.

Sustainable Manner: A dozen areas in which you can store in superior conscience. By Amy Moeller.

D.I.Y. Don’ts?: Some splendor tips on TikTok are causing bacterial infections, burns, and scars. By Mimi Montgomery.

Flavor

Photograph by Jeff Elkins

The Great Washingtonian Bagel Tasting: The area’s best bagels, in addition our preferred schmear flavors and other bagel understanding. By Ann Limpert and Anna Spiegel.

Return to the Wellington: Puff-pastry-wrapped beef is making a comeback. By Anna Spiegel.

Dwelling

Photograph by Maya Oren.

The Briefing | Easton and St. Michaels: What is new in the Eastern Shore cities. By Kayla Benjamin and Anna Spiegel.

Top Mortgage Pros: The area’s ideal loan companies, as suggested by serious-estate brokers. By Sherri Dalphonse.

Off the Industry: The month’s luxurious residence income. By Washingtonian Personnel.

1st Individual

Photograph by Jason Chatfield/NCS.

Editorial cartoonist Ann Telnaes on her journey from The Brave Tiny Toaster to a Pulitzer Prize. As told to Invoice O’Sullivan.

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