Market Forecast by Countries (China, India, Japan, Australia, Indonesia, Philippines, Thailand, Malaysia, Singapore, Rest of Asia), By Type (Tables, Chairs, Dining Sets, Seating Sets, Others), By Application (Brand Outlets, Franchised Furniture Store, E-Commerce, Others) And Competitive Landscape
Product Code: ETC056969 | Publication Date: May 2021 | Updated Date: Dec 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 | |
Asia Pacific Garden Furniture Market report thoroughly covers the market by countries, by type, and by application. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Asia Pacific Garden Furniture Market Size, was valued at approximately USD 220 million and is projected to reach USD 650 million by 2031, growing at a CAGR of 7.6% over the forecast period. The Garden Furniture market in Asia Pacific is experiencing significant growth, driven by an increasing demand for high-quality materials and advancements in technologies.
The Asia Pacific region is witnessing a surge in construction activities, including residential, commercial, and infrastructure projects. This uptick in construction is driving the demand for Garden Furniture, as they are an essential component of any building structure. The market encompasses a wide range of Garden Furniture, including wooden Garden Furniture, metal Garden Furniture, glass Garden Furniture, and composite Garden Furniture, catering to diverse applications and end-user industries.
According to 6Wresearch, the Asia Pacific Garden Furniture Market is anticipated to grow at a CAGR of 7.6% during the forecast period 2025-2031. Several factors are fueling the growth of the Garden Furniture market in the Asia Pacific region. The expanding urban population and the consequent need for modern infrastructure are driving the demand for Garden Furniture in residential and commercial buildings. Rising disposable income levels have led to higher construction activities, including the renovation and remodeling of residential and commercial spaces, thereby boosting the demand for Garden Furniture. Government initiatives and investments in infrastructure development projects, such as smart cities and transportation networks, are further propelling the Asia Pacific Garden Furniture Market growth.
The Asia Pacific Garden furniture industry faces seasonal demand fluctuations, with peak sales occurring during warmer months. Manufacturers and retailers need to manage inventory and production efficiently to meet the seasonal demand while minimizing costs during off-peak seasons. The Asia Pacific Garden furniture market is highly competitive, with both regional and international players vying for market share.
The region's rapid urbanization and robust infrastructure development projects create a thriving demand for Garden Furniture across residential, commercial, and industrial sectors. Investing in innovative Garden Furniture solutions that cater to the evolving needs of urbanization can seize opportunities in this expanding market. Increasing environmental awareness and government regulations drive the demand for energy-efficient Garden Furniture and sustainable building materials. Investing in eco-friendly Garden Furniture, such as those with thermal insulation properties and sustainable sourcing, can cater to environmentally conscious consumers and align with sustainable development goals.
As environmental consciousness rises, there is a growing demand for energy-efficient and sustainable Garden Furniture solutions. Investing in Garden Furniture that offer superior insulation, eco-friendly materials, and energy-saving technologies can attract environmentally-conscious consumers and align with sustainable development goals. With the increasing adoption of smart home technologies, investing in smart and connected Garden Furniture presents a significant opportunity. Integration of IoT-enabled features, remote access control, and smart security systems can enhance convenience, security, and automation, appealing to tech-savvy consumers. With rising security concerns, there is a growing demand for Garden Furniture equipped with advanced security features such as biometric access control, surveillance systems, and anti-intrusion technologies. Investing in the development of secure and technologically advanced Garden Furniture solutions can satisfy this growing market need.
The Asia Pacific Garden furniture market is dominated by several leading players who drive innovation and cater to the diverse demands of the region. Companies such as IKEA, Keter Group, and Agio International are recognized for their wide range of stylish and durable outdoor furniture. Domestic manufacturers, including Guangdong Yotrio Co., Ltd. and Zhejiang Brown Season Industry Co., Ltd., hold significant market shares, leveraging cost-effective production and region-specific designs. Other notable brands, like Ashley Furniture Industries and Home Depot, offer premium products that appeal to the growing consumer preference for aesthetic and functional garden spaces.
Government regulations in the Asia Pacific Garden Furniture market serve as a vital framework to ensure consumer safety and uphold industry standards. These regulations encompass various aspects such as safety requirements, ingredient restrictions, and labeling guidelines. Compliance with these regulations is of paramount importance for market players to not only guarantee the safety and well-being of consumers but also to maintain regulatory compliance and avoid potential legal repercussions. By adhering to these regulations, companies demonstrate their commitment to quality and responsible practices, fostering consumer trust and confidence in their products.
The future of the Asia Pacific Garden Furniture market looks promising, with continued growth and opportunities. Factors such as increasing disposable income, changing consumer preferences, and the region's large population contribute to market expansion. However, market players need to stay agile and adaptive to changing trends, invest in innovation, and focus on sustainability to capitalize on the vast potential this market holds.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
According to Ashutosh, Senior Research Analyst, 6Wresearch, China stands as a leading market for Garden Furniture in the Asia Pacific region. The country's rising disposable income, evolving consumer preferences, and increasing urbanization contribute to the growth of the industry.
Tables - Garden tables are essential for outdoor dining and relaxation. They come in various shapes, sizes, and materials, offering versatility and functionality for different outdoor spaces. Tables are essential garden furniture pieces that provide a convenient and functional surface for dining, lounging, or hosting outdoor gatherings.
Brand Outlets - Many furniture brands have their dedicated physical outlets where you can browse and purchase outdoor tables. These outlets offer the advantage of experiencing the products in person and receiving assistance from knowledgeable staff.
The report provides a detailed analysis of the following market segments
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Asia Pacific Garden Furniture Market Overview |
3.1 Asia Pacific Regional Macro Economic Indicators |
3.2 Asia Pacific Garden Furniture Market Revenues & Volume, 2021 & 2031F |
3.3 Asia Pacific Garden Furniture Market - Industry Life Cycle |
3.4 Asia Pacific Garden Furniture Market - Porter's Five Forces |
3.5 Asia Pacific Garden Furniture Market Revenues & Volume Share, By Countries, 2021 & 2031F |
3.6 Asia Pacific Garden Furniture Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Asia Pacific Garden Furniture Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Asia Pacific Garden Furniture Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Asia Pacific Garden Furniture Market Trends |
6 Asia Pacific Garden Furniture Market, 2021 - 2031 |
6.1 Asia Pacific Garden Furniture Market, Revenues & Volume, By Type, 2021 - 2031 |
6.2 Asia Pacific Garden Furniture Market, Revenues & Volume, By Application, 2021 - 2031 |
7 China Garden Furniture Market, 2021 - 2031 |
7.1 China Garden Furniture Market, Revenues & Volume, By Type, 2021 - 2031 |
7.2 China Garden Furniture Market, Revenues & Volume, By Application, 2021 - 2031 |
8 India Garden Furniture Market, 2021 - 2031 |
8.1 India Garden Furniture Market, Revenues & Volume, By Type, 2021 - 2031 |
8.2 India Garden Furniture Market, Revenues & Volume, By Application, 2021 - 2031 |
9 Japan Garden Furniture Market, 2021 - 2031 |
9.1 Japan Garden Furniture Market, Revenues & Volume, By Type, 2021 - 2031 |
9.2 Japan Garden Furniture Market, Revenues & Volume, By Application, 2021 - 2031 |
10 Australia Garden Furniture Market, 2021 - 2031 |
10.1 Australia Garden Furniture Market, Revenues & Volume, By Type, 2021 - 2031 |
10.2 Australia Garden Furniture Market, Revenues & Volume, By Application, 2021 - 2031 |
11 Indonesia Garden Furniture Market, 2021 - 2031 |
11.1 Indonesia Garden Furniture Market, Revenues & Volume, By Type, 2021 - 2031 |
11.2 Indonesia Garden Furniture Market, Revenues & Volume, By Application, 2021 - 2031 |
12 Philippines Garden Furniture Market, 2021 - 2031 |
12.1 Philippines Garden Furniture Market, Revenues & Volume, By Type, 2021 - 2031 |
12.2 Philippines Garden Furniture Market, Revenues & Volume, By Application, 2021 - 2031 |
13 Thailand Garden Furniture Market, 2021 - 2031 |
13.1 Thailand Garden Furniture Market, Revenues & Volume, By Type, 2021 - 2031 |
13.2 Thailand Garden Furniture Market, Revenues & Volume, By Application, 2021 - 2031 |
14 Malaysia Garden Furniture Market, 2021 - 2031 |
14.1 Malaysia Garden Furniture Market, Revenues & Volume, By Type, 2021 - 2031 |
14.2 Malaysia Garden Furniture Market, Revenues & Volume, By Application, 2021 - 2031 |
15 Singapore Garden Furniture Market, 2021 - 2031 |
16 Rest of Asia Garden Furniture Market, 2021 - 2031 |
16.1 Rest of Asia Garden Furniture Market, Revenues & Volume, By Type, 2021 - 2031 |
16.2 Rest of Asia Garden Furniture Market, Revenues & Volume, By Application, 2021 - 2031 |
17 Asia Pacific Garden Furniture Market Key Performance Indicators |
18 Asia Pacific Garden Furniture Market - Opportunity Assessment |
18.1 Asia Pacific Garden Furniture Market Opportunity Assessment, By Countries, 2021 & 2031F |
18.2 Asia Pacific Garden Furniture Market Opportunity Assessment, By Type, 2021 & 2031F |
18.3 Asia Pacific Garden Furniture Market Opportunity Assessment, By Application, 2021 & 2031F |
19 Asia Pacific Garden Furniture Market - Competitive Landscape |
19.1 Asia Pacific Garden Furniture Market Revenue Share, By Companies, 2024 |
19.2 Asia Pacific Garden Furniture Market Competitive Benchmarking, By Operating and Technical Parameters |
20 Company Profiles |
21 Recommendations |
22 Disclaimer |