How big is the outdoor furniture market in the UK?

Outdoor Furniture - United Kingdom Revenue in the Outdoor Furniture market amounts to US$2bn in 2023.

How big is the outdoor furniture industry?

Outdoor Furniture Market size exceeded USD 15.7 billion in 2020 and is projected to grow at over 5.9% CAGR from 2021 to 2027. The changing consumer preferences toward residential private houses and commercial buildings in emerging nations are expected to drive the industry demand.

How big is the furniture market in the UK?

The UK furniture market

Manufacturing turnover for the sector in 2021 was £12.6 billion, emanating from 8,790 companies employing 108,800 individuals. Exports in 2021 reached £1.5bn but this is dwarfed by imports, topping £8.4bn. EU exports totalled £0.8bn while exports to Ireland reached £0.2bn.

How much is the outdoor furniture market worth?

Market Insights

The Outdoor Furniture Market was estimated at US$ 44.54 billion in 2022 and is expected to grow at a healthy CAGR of 5.6% during 2023-2028 to reach US$ 61.94 billion in 2028.

What is the outlook for the outdoor furniture industry?

Outdoor Furniture - United States

The market is expected to grow annually by 3.39% (CAGR 2023-2028). In global comparison, most revenue is generated in the United States (US$17,180m in 2023). In relation to total population figures, per person revenues of US$51.03 are generated in 2023.

The 5 Best Places to Buy Outdoor Furniture in 2023

What is the revenue of outdoor furniture?

Revenue in the Outdoor Furniture market amounts to US$50bn in 2023. The market is expected to grow annually by 4.68% (CAGR 2023-2028). In global comparison, most revenue is generated in the United States (US$17,180m in 2023).

What furniture is in high demand?

Tulip tables, leather chairs, "cloud" coaches and tree stump nightstands are in high demand; here's how to shop for furniture and avoid supply chain delays.

How much is the UK furniture market worth?

United Kingdom: furniture market size forecast 2019-2021

In 2021, it was forecast that United Kingdom's furniture market size would reach nearly 3.3 billion British pounds, approximately a 32.5 percent decrease compared to a year earlier.

What is the market share of outdoor furniture?

North America outdoor furniture market, accounted for the largest share of the overall revenue with a share of 34.37% in 2022, and is expected to maintain the trend throughout the forecast period. The product demand in North America has increased owing to the growing trend of family dinners and gatherings at home.

Is it worth it to buy expensive outdoor furniture?

A lot of details and intentionality go into the design of patio furniture and every detail ultimately contributes to the cost of each piece of furniture. However, one profound truth about outdoor patio furniture is that, it's always worth the expense in terms of your comfort and outdoor relaxation.

Who dominates the furniture market?

China is the dominant exporter of furniture and the United States leads for imports. There are a number of sub-markets within this sector. Office furniture, a market encompassing the furnishing and interior of office spaces, is one such example.

Where is the best place to sell furniture UK?

Is outdoor furniture more expensive?

The intense fabrication process requires more labor, eventually increasing the cost of patio furniture sets. Hence, high-end patio furniture sets are often costlier than other options. Most people don't consider shipping services while calculating their budget or the overall cost of their patio furniture.

Why invest in outdoor furniture?

Durability and Longevity

High-quality outdoor furniture is built to last, offering superior durability and longevity compared to lower-quality alternatives. Investing in high-quality outdoor furniture ensures that you don't have to replace or repair it frequently, saving you money in the long run.

Is outdoor furniture cheaper than indoor furniture?

Price. No matter where you look, indoor furniture is always more expensive than outdoor furniture. Aside from how it looks, outdoor furniture is usually more helpful and has more options than indoor furniture.

How many furniture retailers are there in the UK?

The number of retail store enterprises specializing in the sale of furniture, lighting equipment, and other household articles in the United Kingdom stood at 10,243 in 2021. This is a slight increase from the previous year, where there were 9,809 of such stores in the UK.

Which company is the world's largest seller of furniture?

Started in 1943 by Ingvar Kamprad and currently legally headquartered in the Netherlands, IKEA has been the world's largest furniture retailer since 2008.

Is Rattan furniture a fad?

Rattan is a truly remarkable material. It has a timeless look and, more importantly, is incredibly durable. In fact, it is sturdier than it looks.

How is the furniture industry doing in the UK?

The Furniture market saw significant growth in 2021, driven in part by the COVID-19 pandemic, as people spent more time at home and invested in making their living spaces more comfortable. However, the market faced significant challenges in 2022 due to easing COVID-19 restrictions and rising inflation.

What time of year are furniture sales best UK?

How much money does the UK spend on furniture per week?

In 2022, households in the lower second decile group in the United Kingdom spent an average of 5.90 British pounds a week on furniture and furnishings. The average weekly household expenditure on furniture and furnishings among all households surveyed amounted to 14.20 British pounds in that year.

What is the furniture trend for 2023?

In 2023, we expect to see a further shift toward designs blending form and function seamlessly. Think organic materials, vibrant patterns, and shapes that encourage connection and conversation. A focus is still firm on sustainability and eco-friendly choices that make a statement without overwhelming mind or soul.

What are the trends in furniture industry 2023?

In 2023, expect to see more homes incorporating furniture made from recycled materials, reclaimed wood, and other environmentally-friendly materials. Not only do these materials have a lower environmental impact, but they also give furniture a unique and rustic look.

What furniture is best to resell?

I'd also say nightstands, dining tables, and sofas. Sofas are extremely popular, so when you have those crossing of the brands, they're going to sell. Coffee tables too — those are always sell. This content is imported from poll.