Market Trends of United States Outdoor Furniture Industry
Increasing Disposable Income is Driving the Market
Disposable income is the net income available to invest, save, or spend after deducting income taxes. Continued growth in building construction and rising disposable income levels have boosted the demand for furniture in the United States in recent years. With the increasing number of consumers shifting their preference toward quality and sturdy outdoor furniture products due to higher disposable income and better lifestyle requirements, the outdoor furniture market in the United States is expected to witness more robust growth in terms of domestic outdoor furniture sales and international outdoor furniture exports.
The Seating Segment Emerges to be the Dominant Category
The seating segment is one of the most important outdoor furniture categories, as people want to spend their leisure and happy time on chairs in the garden or backyard. The seating segment is observing several product innovations, and companies are developing various product offerings, such as ergonomic chairs and swivel and stacking chairs. The expansion of outdoor spaces and the increase in family get-together activities in the country are expected to fuel the demand for outdoor or patio seating furniture.
