The Outdoor Dining Table Market is anticipated to grow to a valuation of USD 18.52 billion in 2023 and is estimated to exhibit a CAGR of 5% from 2023 to 2033, reaching a valuation of USD 30.17 billion.
The burgeoning trend of urbanization, as well as the increase in the number of real estate firms, sparked the industry for outdoor furniture, such as dining tables. Besides that, the emergence of people's disposable and per-income levels is boosting market growth. End-user desires for ecologically friendly products are evolving, and there is a growing demand for creative outdoor furniture that is composed of various renewable resources.
As a result, many key players such as Yardbird, Crate & Barrel, West Elm, Loll Designs, and Joybird recognize consumer demands and spend on research to develop feasible outdoor dining tables. Many participants establish an outdoor dining table out of maso bamboo, which is far more powerful than oak wood.
Yardbird, for instance, is primarily focused on offering environmentally conscious consumers sustainable furniture. Players construct a dining table out of raw substances such as intercepted ocean plastic. Furthermore, the organization claims in recycling and reusing, so more than half of the packaging materials are reused.
This motivates other competitors to get into this sustainable field and provides customers with a variety of options for selecting furniture that suits them.
Outdoor furniture, along with dining tables, is also widely used in hotels, guest houses, and gardens. As a result, the popularity of outdoor dining tables is expanding in emerging economies like Malaysia, Thailand, Singapore, China, and India.
Furthermore, numerous players are producing weather-resistant, crack-proof, insect-resistant, and parasite and fungus-repellent outdoor furniture. This also generates revenue from the outdoor dining table.
The uptick in per-income growth and the rising preference for travel accelerates the number of travelers all over the world. Consumers love visiting mountain ranges, beaches, and theme parks, which creates a greater need for commercial establishments including hotels, resorts, amusement parks, as well as other outdoor areas, which boosts the selling of outdoor dining tables.
Moreover, millennials' preference for rooftop cafés and poolside eateries drives up demand. Some popular outdoor dining eateries in the world include Beachcomber Café-Crystal Cove, Cooking paella, and Oia in Santorini. This pattern inspires other lodging and resort competitors worldwide to broaden their offerings, and it is anticipated that the revenues of outdoor furniture, along with dining tables, will increase as a consequence.
During the forecast timeframe, the industry for outdoor dining tables in the United States and Canada will be established to maximize market share. The existence of significant players such as Forever Patio and Brown Jordan boosts growth prospects, and the desire of consumers to invest and innovate in the market are two other major factors that contribute to market expansion.
Furthermore, online supply streams assist participants outside the dining table in obtaining a business competitive edge. On the other hand, many European nations, including Germany, the United Kingdom, and England, have conventional residences with outdoor living areas and lawns. People place decorative lights and interiors in outdoor spaces to enjoy parties and dinners under the stars. This trend boosts outdoor dining table revenues in Europe.
Moreover, many Europeans favor flat-pack outdoor dining tables due to their inexpensive and easy-to-customize. Since collapsible dining tables are simple to store when not being utilized, they are an excellent choice for individuals who would like to celebrate in their lawns or yard. Therefore, these aspects are estimated to propel the industry growth over the upcoming years.
| Data Points | Key Statistics |
|---|---|
| Expected Market Value (2023) | USD 18.52 billion |
| Anticipated Forecast Value (2033) | USD 30.17 billion |
| Projected Growth Rate (2023 to 2033) | 5% CAGR |
The growing trend of urbanization and rise in the number of real estate companies triggered the market of outdoor furniture including the dining table.
Furthermore, the rise in the disposable and per capita income of the people fueling the market growth.
According to the latest research by Future Market Insights, the outdoor dining table market is set to witness a CAGR of ~5.0% during the forecast period.
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End-user preferences for eco-friendly items are evolving, and there is an increasing demand for innovative outdoor furniture built from a variety of sustainable raw materials.
Therefore many key players like Yardbird, Crate & Barrel, West Elm, Loll Designs and Joybird understand the requirement of the customers and invest in the research sector to get sustainable outdoor dining tables. Many players make an outside dining table with maso bamboo which is much stronger than oak wood.
For instance, Yardbird is principally engaged in providing sustainable furniture to eco-friendly customers. Players make a dining table from natural raw materials like intercepted ocean plastic. Also, the company believe in recycle and reuse therefore it is more than 50% of packaging materials have come from a recycled source.
This encourages other players to enter this sustainable field and gives varieties of options to the customers to choose furniture according to them.
Furthermore, outdoor furniture including dining tables is majorly used in hotels, resorts and gardens. That is why the demand for the outside dining table is rising in developing nations like Malaysia, Thailand, Singapore, China and India.
Also, many players are manufacturing outdoor furniture which is weatherproof, crack-proof, insect resistant, and pest and fungus repulsion. This also raises the sales of the outside dining table.
The rise in the per capita income of the people and the growing interest in travelling increases the number of tourists all around the globe. People like to visit hill stations, beaches, and amusement parks, which leads to an increase in commercial spaces such as hotels, resorts, water parks, and other open spaces, which increases the sale of outdoor dining tables.
Furthermore, the movement of the millennials towards the rooftop café and poolside restaurants increases the demand. Beachcomber Café-Crystal Cove, Cooking paella, Camp eats, Casa Jondal, Oia in Santorini are some famous outdoor dining restaurants in the world.
This trend encourages other players of hotels and resorts globally to expand their services and thus it is expected that there will be rise in the sales of the outdoor furniture including dining tables.
For instance, Mindo, an outdoor furniture making company principally engaged in the manufacturing of high quality and innovative furniture for the bar, resort, hotel, restaurants, house, spa, and other services in the hospitality sector. The company provide its service in Dubai, Australia and the USA and planning to expand it all around the world.
The market of outdoor dining table in the United State and Canada will be set to maximum market share during the forecast period. The presence of the key players like Forever Patio and Brown Jordan boost the regional growth, along with this the willingness of the customers to spend and innovation in the market are some main reasons that help in the market groeth.
Moreover, the online supply channels help the players outside the dining table to gain a competitive advantage in the market. Some of the famous furniture supply channels include SENTIENT, Naturalist, growing rapidly. To strengthen its presence in the market, players need to expand their service and start selling furniture through these online supply platforms.
Many European countries like Germany, United Kingdom, England, etc. have traditional houses with outside living space and gardens. People add some decorative lights and furniture in the outside areas to enjoy parties and dinner in the shade of the sky. This trend raises the sales of the outdoor dining table in Europe.
Furthermore, many people of Europe prefer flat-pack outdoor dining tables because of their low price and are perfect for personalizing. Since, foldable dining tables are easy to store when not in use, therefore, it is a perfect option for those who want to enjoy the party in the garden and yard.
The semi-assembled dining table is also preferred by those people who are having transferable jobs because this dining table is easy to dismantle and transfer. All these factors encourage the players to enter the market of Europe and strengthen their presence in the region.
Some of the leading manufacturers and suppliers of patio dining tables include:
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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Outdoor Dining Table Market
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