OUTDOOR FURNITURE AND GRILL MARKET ANALYSIS

Regional Analysis

Outdoor Furniture and Grill Market Outlook

• Asia Pacific region is the largest market in outdoor furniture and grill market due to increasing furniture industry. For instance, according to the Association of Furniture Manufacturers of India (AFMI), furniture industry in India was valued at US$ 17,922 million in 2015. Furthermore, the residential furniture sector is expected to reach US$ 15 billion by 2020.
• Rising trend of barbeque and grilling is fueling the outdoor furniture and grill market in North America. According to Hearth, Patio and Barbeque Association (HPBA), 7 out of 10 adults in the U.S. owned grill or smoker while 8 out of 10 adults in Canada owned grill or smoker in 2017.
• Europe is a lucrative outdoor furniture and grill market, owing to increasing demand for garden furniture. According to Center for Promotion of Imports from emerging economies, European production of garden furniture increased from US$ 23.5 million in 2013 to US$ 32.2 million in 2014. Furthermore, usage of garden furniture increased from US$ 75.6 million to US$ 90.4 million in 2014. The demand for garden furniture was highest in U.K. at US$ 22.3 million, followed by Germany at US$ 17.3 million.