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Research Outline
Prepared for Julia N. | Delivered January 27, 2021
Outdoor Furniture Market
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Goals
To find the size of the outdoor furniture retail market in the US, identify key players in the market, provide a competitive landscape, provide market dynamics, growth opportunities, and challenges in the market.
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Early Findings
Statista Data
The outdoor furniture retail sales in the US:
2018:
$4.83 billion
2019:
$4.96 billion
2020:
$4.6 billion
2020 saw a contraction of 7.26% (4.96B-4.6B/4.96B) in retail sales of outdoor furniture.
Home Furnishing News Estimate
According to the "2019 State of the Industry, by Home Furnishings News" report, the residential outdoor furniture market grew by 4.8% to
$5.09 billion
in 2018.
Note:
Based on the initial hour of research (which includes drafting the proposals), the market size of sub-categories within the outdoor furniture market in the US is unlikely to be publicly unavailable.
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