Product Code: A196416
According to a new report published by Allied Market Research, titled, "Outdoor Decor Market," The outdoor decor market was valued at $83 billion in 2022, and is estimated to reach $117.7 billion by 2032, growing at a CAGR of 3.5% from 2023 to 2032.
A wide range of design components, items, and accessories are referred to as "outdoor decor" when they are particularly created to improve the aesthetic value, usability, and general ambiance of outside areas like lawns, outdoor terraces, porches, or any other outdoor living space. It covers a wide variety of products, such as
1) but not restricted to outdoor fabrics, lighting accessories, garden ornaments, and numerous outdoor accessories.
Global consumers are actively looking for outdoor decor products that improve the environment of the outdoor areas and reflect their beliefs regarding sustainability and eco-friendliness as they become more environmentally concerned. This pattern reflects a more general change in society towards ethical purchasing and minimizing negative environmental effects. A broad variety of sustainable and environmentally friendly outdoor decor solutions are being offered by manufacturers and merchants in response to this demand, including furniture built from reused components, harmless paints & finishes, and decor manufactured from renewable resources. Sustainability is propelling market growth as it emerges as a crucial factor in purchasing decisions by fostering new consumer groups and fostering a sense of accountability in the decisions of consumers to make their environment safe. The popularity of these eco-friendly decor options highlights the growing acceptability of eco-friendly products in the marketplace for outdoor decor.
Governments all around the globe are placing more and more emphasis on sustainability and environmental friendliness, which has led to strict norms and requirements for the manufacturing of consumer goods. These rules cover the use of eco-friendly materials, limitations on certain compounds, and specifications for production procedures that have an impact on both the environment and on biodiversity. Although these rules are unquestionably crucial for minimizing environmental impact and protecting the health of ecological systems they can present difficulties for businesses who provide outdoor furniture and accessories.
Conforming to these rules frequently calls for modifications to manufacturing processes, material procurement, and design of products, which can raise production costs. These expenses could be passed on to customers, raising the price of eco-friendly outdoor design items. In conclusion, the government's stringent environmental laws for the production of outdoor design goods are posing a substantial development barrier for the industry.
Consumers are increasingly seeking to extend these advantages to their outdoor spaces due to the development of advanced technology and the growing need for connectivity and ease. Products with integrated technology, such as
1) lighting, watering systems, outdoor sound systems, and furnishings, are included in the category of "smart outdoor decor."
These items may all be operated remotely via smartphones or other devices. This gives outdoor areas better control and efficiency while also improving their beauty and use. Smart watering systems, for instance, are capable of tracking weather conditions and improving water use, while smart lighting may be changed for various situations or controlled for energy savings. Customers are drawn to the ease of use and adaptability of such items, and as a result, are prepared to spend money on these cutting-edge solutions. Smart outdoor decor creates new revenue streams for vendors and companies in the outdoor decor sector, fostering competition and innovation. The development of smart outdoor decor is creating a significant chance for expansion for the industry.
The outdoor decor market is analyzed on the basis of product, end user, distribution channel and region. On the basis of product, the market is divided into furniture, flower pots & planters, rugs & cushions, lighting, patio umbrellas and shade structures, water features, and others. On the basis of end user, the market is fragmented into residential and non-residential. On the basis of distribution channel, the market is categorized into supermarket & hypermarket, specialty stores, E-commerce and others. On the basis of region, the market is divided into North America, Europe, Asia-Pacific, and LAMEA.
Players operating in the outdoor decor market have adopted various developmental strategies to expand their outdoor decor market share, increase profitability, and remain competitive in the market. The major players analyzed for the outdoor decor market are Elho B.V., Net Retailers, LLC, Frontgate, The Home Depot, Inc., Inter IKEA Holding B.V., Renson, Kimball International Inc., Walmart Inc, Ashley Furniture Industries, LLC, and Wayfair Inc.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the outdoor decor market analysis from 2022 to 2032 to identify the prevailing outdoor decor market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the outdoor decor market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global outdoor decor market trends, key players, market segments, application areas, and market growth strategies.
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- Quarterly Update and* (only available with a corporate license, on listed price)
- 5 additional Company Profile of client Choice pre- or Post-purchase, as a free update.
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- 15% Free Customization* (in case the scope or segment of the report does not match your requirements, 15% is equivalent to 3 working days of free work, applicable once)
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- Free Industry updates and white papers.
Possible Customization with this report (with additional cost and timeline, please talk to the sales executive to know more)
- Consumer Buying Behavior Analysis
- End user preferences and pain points
- Supply Chain Analysis & Vendor Margins
- Pain Point Analysis
- Additional company profiles with specific to client's interest
- Additional country or region analysis- market size and forecast
- Average Selling Price Analysis / Price Point Analysis
- Historic market data
- SWOT Analysis
Key Market Segments
By End-User
- Residential
- Non-Residential
By Product
- Furniture
- Flower Pots and Planters
- Rugs and Cushions
- Lighting
- Patio Umbrellas and shade structures
- Water Features
- Others
By Distribution Channel
- Supermarket and hypermarket
- Specialty Stores
- E-Commerce
- Others
By Region
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia-Pacific
- LAMEA
- Brazil
- South Africa,
- Saudi Arabia
- UAE
- Rest of LAMEA
Key Market Players:
- Elho B.V.
- Wayfair Inc.
- Inter IKEA Holding B.V.
- Kimball International Inc.
- Walmart Inc.
- Frontgate
- Renson
- The Home Depot, Inc.
- Ashley Furniture Industries, LLC.
- Net Retailers, LLC
TABLE OF CONTENTS
CHAPTER 1: INTRODUCTION
- 1.1. Report description
- 1.2. Key market segments
- 1.3. Key benefits to the stakeholders
- 1.4. Research methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
- 3.1. Market definition and scope
- 3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
- 3.3. Porter's five forces analysis
- 3.3.1. Moderate bargaining power of suppliers
- 3.3.2. Moderate threat of new entrants
- 3.3.3. Moderate threat of substitutes
- 3.3.4. Moderate intensity of rivalry
- 3.3.5. Low bargaining power of buyers
- 3.4. Market dynamics
- 3.4.1. Drivers
- 3.4.1.1. Increase in Focus on Outdoor Living
- 3.4.1.2. Eco-Friendly and Sustainable Products
- 3.4.1.3. Online Retail and E-commerce
- 3.4.2. Restraints
- 3.4.2.1. Economic downturns
- 3.4.2.2. Strict Environmental Regulations by Government
- 3.4.3. Opportunities
- 3.4.3.1. Introduction of smart outdoor decor
- 3.5. Industry Pain Point Analysis
- 3.6. Top Impacting Factors
CHAPTER 4: OUTDOOR DECOR MARKET, BY PRODUCT
- 4.1. Overview
- 4.1.1. Market size and forecast
- 4.2. Furniture
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
- 4.3. Flower Pots and Planters
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
- 4.4. Rugs and Cushions
- 4.4.1. Key market trends, growth factors and opportunities
- 4.4.2. Market size and forecast, by region
- 4.4.3. Market share analysis by country
- 4.5. Lighting
- 4.5.1. Key market trends, growth factors and opportunities
- 4.5.2. Market size and forecast, by region
- 4.5.3. Market share analysis by country
- 4.6. Patio Umbrellas and shade structures
- 4.6.1. Key market trends, growth factors and opportunities
- 4.6.2. Market size and forecast, by region
- 4.6.3. Market share analysis by country
- 4.7. Water Features
- 4.7.1. Key market trends, growth factors and opportunities
- 4.7.2. Market size and forecast, by region
- 4.7.3. Market share analysis by country
- 4.8. Others
- 4.8.1. Key market trends, growth factors and opportunities
- 4.8.2. Market size and forecast, by region
- 4.8.3. Market share analysis by country
CHAPTER 5: OUTDOOR DECOR MARKET, BY END-USER
- 5.1. Overview
- 5.1.1. Market size and forecast
- 5.2. Residential
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
- 5.3. Non-Residential
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
CHAPTER 6: OUTDOOR DECOR MARKET, BY DISTRIBUTION CHANNEL
- 6.1. Overview
- 6.1.1. Market size and forecast
- 6.2. Supermarket and hypermarket
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by region
- 6.2.3. Market share analysis by country
- 6.3. Specialty Stores
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by region
- 6.3.3. Market share analysis by country
- 6.4. E-Commerce
- 6.4.1. Key market trends, growth factors and opportunities
- 6.4.2. Market size and forecast, by region
- 6.4.3. Market share analysis by country
- 6.5. Others
- 6.5.1. Key market trends, growth factors and opportunities
- 6.5.2. Market size and forecast, by region
- 6.5.3. Market share analysis by country
CHAPTER 7: OUTDOOR DECOR MARKET, BY REGION
- 7.1. Overview
- 7.1.1. Market size and forecast By Region
- 7.2. North America
- 7.2.1. Key market trends, growth factors and opportunities
- 7.2.2. Market size and forecast, by Product
- 7.2.3. Market size and forecast, by End-User
- 7.2.4. Market size and forecast, by Distribution Channel
- 7.2.5. Market size and forecast, by country
- 7.2.5.1. U.S.
- 7.2.5.1.1. Market size and forecast, by Product
- 7.2.5.1.2. Market size and forecast, by End-User
- 7.2.5.1.3. Market size and forecast, by Distribution Channel
- 7.2.5.2. Canada
- 7.2.5.2.1. Market size and forecast, by Product
- 7.2.5.2.2. Market size and forecast, by End-User
- 7.2.5.2.3. Market size and forecast, by Distribution Channel
- 7.2.5.3. Mexico
- 7.2.5.3.1. Market size and forecast, by Product
- 7.2.5.3.2. Market size and forecast, by End-User
- 7.2.5.3.3. Market size and forecast, by Distribution Channel
- 7.3. Europe
- 7.3.1. Key market trends, growth factors and opportunities
- 7.3.2. Market size and forecast, by Product
- 7.3.3. Market size and forecast, by End-User
- 7.3.4. Market size and forecast, by Distribution Channel
- 7.3.5. Market size and forecast, by country
- 7.3.5.1. Germany
- 7.3.5.1.1. Market size and forecast, by Product
- 7.3.5.1.2. Market size and forecast, by End-User
- 7.3.5.1.3. Market size and forecast, by Distribution Channel
- 7.3.5.2. France
- 7.3.5.2.1. Market size and forecast, by Product
- 7.3.5.2.2. Market size and forecast, by End-User
- 7.3.5.2.3. Market size and forecast, by Distribution Channel
- 7.3.5.3. UK
- 7.3.5.3.1. Market size and forecast, by Product
- 7.3.5.3.2. Market size and forecast, by End-User
- 7.3.5.3.3. Market size and forecast, by Distribution Channel
- 7.3.5.4. Italy
- 7.3.5.4.1. Market size and forecast, by Product
- 7.3.5.4.2. Market size and forecast, by End-User
- 7.3.5.4.3. Market size and forecast, by Distribution Channel
- 7.3.5.5. Spain
- 7.3.5.5.1. Market size and forecast, by Product
- 7.3.5.5.2. Market size and forecast, by End-User
- 7.3.5.5.3. Market size and forecast, by Distribution Channel
- 7.3.5.6. Rest of Europe
- 7.3.5.6.1. Market size and forecast, by Product
- 7.3.5.6.2. Market size and forecast, by End-User
- 7.3.5.6.3. Market size and forecast, by Distribution Channel
- 7.4. Asia-Pacific
- 7.4.1. Key market trends, growth factors and opportunities
- 7.4.2. Market size and forecast, by Product
- 7.4.3. Market size and forecast, by End-User
- 7.4.4. Market size and forecast, by Distribution Channel
- 7.4.5. Market size and forecast, by country
- 7.4.5.1. China
- 7.4.5.1.1. Market size and forecast, by Product
- 7.4.5.1.2. Market size and forecast, by End-User
- 7.4.5.1.3. Market size and forecast, by Distribution Channel
- 7.4.5.2. Japan
- 7.4.5.2.1. Market size and forecast, by Product
- 7.4.5.2.2. Market size and forecast, by End-User
- 7.4.5.2.3. Market size and forecast, by Distribution Channel
- 7.4.5.3. India
- 7.4.5.3.1. Market size and forecast, by Product
- 7.4.5.3.2. Market size and forecast, by End-User
- 7.4.5.3.3. Market size and forecast, by Distribution Channel
- 7.4.5.4. South Korea
- 7.4.5.4.1. Market size and forecast, by Product
- 7.4.5.4.2. Market size and forecast, by End-User
- 7.4.5.4.3. Market size and forecast, by Distribution Channel
- 7.4.5.5. Australia
- 7.4.5.5.1. Market size and forecast, by Product
- 7.4.5.5.2. Market size and forecast, by End-User
- 7.4.5.5.3. Market size and forecast, by Distribution Channel
- 7.4.5.6. Rest of Asia-Pacific
- 7.4.5.6.1. Market size and forecast, by Product
- 7.4.5.6.2. Market size and forecast, by End-User
- 7.4.5.6.3. Market size and forecast, by Distribution Channel
- 7.5. LAMEA
- 7.5.1. Key market trends, growth factors and opportunities
- 7.5.2. Market size and forecast, by Product
- 7.5.3. Market size and forecast, by End-User
- 7.5.4. Market size and forecast, by Distribution Channel
- 7.5.5. Market size and forecast, by country
- 7.5.5.1. Brazil
- 7.5.5.1.1. Market size and forecast, by Product
- 7.5.5.1.2. Market size and forecast, by End-User
- 7.5.5.1.3. Market size and forecast, by Distribution Channel
- 7.5.5.2. South Africa,
- 7.5.5.2.1. Market size and forecast, by Product
- 7.5.5.2.2. Market size and forecast, by End-User
- 7.5.5.2.3. Market size and forecast, by Distribution Channel
- 7.5.5.3. Saudi Arabia
- 7.5.5.3.1. Market size and forecast, by Product
- 7.5.5.3.2. Market size and forecast, by End-User
- 7.5.5.3.3. Market size and forecast, by Distribution Channel
- 7.5.5.4. UAE
- 7.5.5.4.1. Market size and forecast, by Product
- 7.5.5.4.2. Market size and forecast, by End-User
- 7.5.5.4.3. Market size and forecast, by Distribution Channel
- 7.5.5.5. Rest of LAMEA
- 7.5.5.5.1. Market size and forecast, by Product
- 7.5.5.5.2. Market size and forecast, by End-User
- 7.5.5.5.3. Market size and forecast, by Distribution Channel
CHAPTER 8: COMPETITIVE LANDSCAPE
- 8.1. Introduction
- 8.2. Top winning strategies
- 8.3. Product mapping of top 10 player
- 8.4. Competitive dashboard
- 8.5. Competitive heatmap
- 8.6. Top player positioning, 2022
CHAPTER 9: COMPANY PROFILES
- 9.1. The Home Depot, Inc.
- 9.1.1. Company overview
- 9.1.2. Key executives
- 9.1.3. Company snapshot
- 9.1.4. Operating business segments
- 9.1.5. Product portfolio
- 9.1.6. Business performance
- 9.1.7. Key strategic moves and developments
- 9.2. Inter IKEA Holding B.V.
- 9.2.1. Company overview
- 9.2.2. Key executives
- 9.2.3. Company snapshot
- 9.2.4. Operating business segments
- 9.2.5. Product portfolio
- 9.2.6. Business performance
- 9.2.7. Key strategic moves and developments
- 9.3. Elho B.V.
- 9.3.1. Company overview
- 9.3.2. Key executives
- 9.3.3. Company snapshot
- 9.3.4. Operating business segments
- 9.3.5. Product portfolio
- 9.4. Ashley Furniture Industries, LLC.
- 9.4.1. Company overview
- 9.4.2. Key executives
- 9.4.3. Company snapshot
- 9.4.4. Operating business segments
- 9.4.5. Product portfolio
- 9.4.6. Key strategic moves and developments
- 9.5. Wayfair Inc.
- 9.5.1. Company overview
- 9.5.2. Key executives
- 9.5.3. Company snapshot
- 9.5.4. Operating business segments
- 9.5.5. Product portfolio
- 9.5.6. Business performance
- 9.5.7. Key strategic moves and developments
- 9.6. Net Retailers, LLC
- 9.6.1. Company overview
- 9.6.2. Key executives
- 9.6.3. Company snapshot
- 9.6.4. Operating business segments
- 9.6.5. Product portfolio
- 9.7. Frontgate
- 9.7.1. Company overview
- 9.7.2. Key executives
- 9.7.3. Company snapshot
- 9.7.4. Operating business segments
- 9.7.5. Product portfolio
- 9.7.6. Key strategic moves and developments
- 9.8. Walmart Inc.
- 9.8.1. Company overview
- 9.8.2. Key executives
- 9.8.3. Company snapshot
- 9.8.4. Operating business segments
- 9.8.5. Product portfolio
- 9.8.6. Business performance
- 9.8.7. Key strategic moves and developments
- 9.9. Kimball International Inc.
- 9.9.1. Company overview
- 9.9.2. Key executives
- 9.9.3. Company snapshot
- 9.9.4. Operating business segments
- 9.9.5. Product portfolio
- 9.9.6. Business performance
- 9.9.7. Key strategic moves and developments
- 9.10. Renson
- 9.10.1. Company overview
- 9.10.2. Key executives
- 9.10.3. Company snapshot
- 9.10.4. Operating business segments
- 9.10.5. Product portfolio