In a recent research report by Market Research Community, the Outdoor Benches market is expected to surpass USD 11,137.63 Million by the year 2030, from USD 7,211.16 Million in 2021.

Outdoor benches are a great addition to any outdoor space, providing a comfortable place to sit and relax. They can be made of a variety of materials, including wood, metal, and plastic, and come in a range of styles to suit any decor. Some outdoor benches also have features such as built-in storage, backrests, and armrests for added comfort. These benches are perfect for gardens, patios, decks, and other outdoor areas, and are a great way to enhance the look and feel of your outdoor space.

By distribution channel, offline segment is estimated to grow at a highest CAGR of 5.2% during the forecast period. The offline distribution channel involves the distribution of outdoor benches from the bench manufacturers to the end-users directly or indirectly through offline distributors including hypermarkets/supermarkets, departmental stores, wholesale stores, and more.

The key factors promoting the growth of the offline distribution channel for outdoor benches include higher credibility, ease of customization as per the target market, strong customer base along with excellent growth prospects.

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Asia-Pacific region is expected to witness a significant CAGR growth of 5.5% during the forecast period. The rapid pace of industrialization, development, and globalization in the ASEAN countries is creating lucrative opportunities for the growth of the market in the region. Moreover, the rising building & construction projects, and increasing tourism in countries including Malaysia, Thailand, Indonesia, and Singapore, are the primary factors fostering the market growth for outdoor benches in the region.

The study is consolidated into major segments and further into sub-segments, such as by bench type (metal, wood, resin and plastic, others), by price (low (below USD 100), medium (USD 200 – 750), high (more than USD 750)), by application (residential and commercial), By distribution channel (online and offline) to forecast the market size by value; also includes the analysis of past market dynamics from 2016 – 2021, considering 2021 as the base year.

Key Players

·         Brown Jordan

·         Steelcase Inc.

·         Roda Srl

·         Patio Furniture Industries Inc.

·         Haworth Inc.

·         Hartman UK Ltd.

·         Dedon

·         Century Furniture

·         B&B Italia SpA

·         Ashley Furniture Industries

·         AIMCO

·         Cabana Coast

·         Herman Miller Inc.

·         Unopiu

·         Royal Botania NV

Segments:

By Bench Type

·         Wood

·         Resin and Plastic

·         Metal

·         Others

By Price

·         Low (Below USD 100)

·         Medium (USD 200 – 750)

·         High (More than USD 750)

By Distribution Channel

·         Online

·         Offline

By Application

·         Residential

·         Commercial       

The market is highly competitive, companies may have to work harder to differentiate their products or services and attract customers. Another way companies can achieve market growth is through strategic partnerships and collaborations with other companies or organizations. Market growth is an important factor for companies to consider as they seek to increase their profits and expand their operations. By understanding the factors that influence market growth and implementing strategies to achieve growth, companies can position themselves for success in their respective markets.

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