According to a new report published by UnivDatos, outdoor furniture Market is now a cornerstone of modern home design. With a global market forecasted to grow at a CAGR of nearly 6% between 2022 and 2028, outdoor furniture is no longer just about function—it’s about lifestyle, expression, and the seamless blending of indoor and outdoor living.

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The global outdoor furniture market is steadily carving out a niche for itself in the world of lifestyle investments. With an expected compound annual growth rate (CAGR) of around 6% during the 2022–2028 period, the sector is gaining attention from both investors and industry players seeking new areas of opportunity within home design, hospitality, and commercial real estate.

Outdoor furniture today is far more than just decorative-it is increasingly functional, weather-resistant, and stylish. Built to withstand extreme climatic conditions such as heat, cold, and rain, these products are becoming essentials for urban homeowners, resort developers, and commercial enterprises. The rising interest in aesthetic, low-maintenance outdoor solutions has made furniture for balconies, lawns, and terraces an integral part of modern living.

One of the core reasons behind this market's traction is the changing lifestyle dynamics post-2020. As more individuals started spending time at home, the demand for comfortable and multifunctional outdoor setups grew. The boundary between indoor and outdoor spaces began to blur, encouraging the adoption of outdoor furniture that could handle both form and function.

A good example of innovation in this space is Bernhardt Furniture. In January 2019, the company introduced 50 premium outdoor furniture designs, including luxury sofas, dining tables, and chairs aimed at enhancing terrace, patio, and garden aesthetics. These product launches are not isolated events they reflect a larger trend where brands are investing in R&D and design to meet emerging consumer preferences.

Tables, in particular, are witnessing a spike in demand, primarily fueled by the remote working culture. Compact outdoor tables offer a convenient alternative to traditional home-office setups, allowing people to work from balconies and patios. Their size and portability make them ideal for hybrid spaces whether it's a garden café or a residential terrace.

From a material standpoint, wooden outdoor furniture is showing strong market performance. Wood continues to dominate due to its cost-efficiency, natural look, and durability. Furniture made from teak, mahogany, cedar, and acacia wood is resistant to water and insects, making it perfect for varying climates. Moreover, wood pieces require less upkeep than metal or textile-based alternatives, making them appealing to both residential and commercial buyers.

The Asia-Pacific region leads global demand, thanks to rapid urbanization, rising middle-class income, and a boom in construction projects. Countries like India, China, and Australia are witnessing increased adoption of outdoor furniture in homes, hotels, and office buildings. This geographic shift indicates a huge untapped potential for brands and investors focusing on the APAC market.

On the commercial side, offices, cafes, resorts, and clubs are key growth drivers. As these businesses look to create inviting outdoor environments, furniture that balances style and durability is in high demand. This trend is expected to continue as companies invest in experiential spaces and open-air hospitality venues.

Some of the key market players contributing to this transformation include Dedon, Unopiu, Ace Hardware, Steelcase, Herman Miller Inc., Ashley Furniture Industries, Sun Garden GmbH, IKEA, Tuuci, and Century Furniture. These companies are not only scaling their product lines but also exploring sustainable materials and smart design technologies.

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Conclusion

The global outdoor furniture market is evolving from a seasonal niche to a full-fledged lifestyle and commercial investment. As consumer preferences shift toward wellness, open spaces, and comfort-driven living, this industry offers promising returns for stakeholders across the spectrum—from manufacturers and designers to real estate developers and venture capitalists.

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