Outdoor Furniture Manufacturing in the US - Market Research Report (2014-2029)
New York, United States
Last Updated: August 2024
NAICS OD4821Revenue
$1.7bn
Past 5-Year Growth
Profit
$XX.Xm
Employees
5,904
Businesses
160
Wages
$XXX.Xm
Outdoor Furniture Manufacturing in the US industry analysis
Outdoor furniture producers have endured significant volatility in recent years. Since households are the largest market for outdoor furniture, demand typically rises with improved disposable income and greater housing starts. However, heightened macroeconomic uncertainty and significant competition from imported products pushed demand for domestic outdoor furniture down despite the economy reopening in 2021. Similarly, manufacturers have endured significant input price volatility, particularly impacting steel, wood and plastic prices. Manufacturers’ inability to pass down cost increases to buyers places downward pressure on profit, discouraging domestic production. These trends have caused demand for new outdoor furniture to shrink at an estimated CAGR of 6.8% to $1.7 billion through the end of 2024, including a 5.3% drop that year alone.
Domestic producers struggle to compete with imported outdoor furniture. Many manufacturers have offshored operations, as it’s often more affordable to produce furniture in countries with fewer environmental and labor regulations, like China and Vietnam. Consumers have become increasingly price-sensitive, favoring more affordable, imported products despite their perceived lower quality. Significant levels of import penetration have prevented the domestic industry from growing, pushing domestic producers to manufacture higher-quality furniture to remain somewhat competitive.
Over the coming years, the industry will benefit from a recovering global economy, including stabilizing inflation and weaker uncertainty. Demand for new outdoor furniture will rise as the residential construction sector recovers. The expected depreciation of the US dollar will benefit domestic producers by making imported products comparatively more affordable, although lower operating costs overseas will cause import penetration to remain high. As domestic manufacturers compete with imports for a slowing market, the number of producers will keep falling. Revenue is set to grow at an estimated CAGR of 1.1% to $1.8 billion through the end of 2029.
Trends and Insights
- Outdoor furniture manufacturers deal with intense competition from imports. Although demand for outdoor furniture has risen recently, most of it was met by imported outdoor furniture.
- Metal outdoor furniture is often considered an investment because of its longevity. It can last for many years, making it a cost-effective option in the long run and the most popular product segment.
- Business-friendly tax policies and regulatory environments can make it more attractive for outdoor furniture manufacturers to operate in a region. The Southeast, in particular, is known for its business-friendly climate.
- Competition within the industry stems from price, quality, product design and distribution networks. Since consumers are becoming increasingly price-sensitive, price is the most significant component of competition for outdoor furniture manufacturers.
Industry Overview
Market size and recent performance (2014-2029)
Industry revenue has declined at a CAGR of 6.8 % over the past five years, to reach an estimated $1.7bn in 2024.
Trends and Insights
The health of the residential sector drives outdoor furniture sales
- The residential construction sector has endured significant volatility in recent years, largely contributing to the drastic losses manufacturers face. Although residential construction benefited from near-zero interest rates, heightened macroeconomic uncertainty discouraged consumers from making large discretionary purchases like outdoor furniture.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2024-2029)
Market size is projected to grow over the next five years.
Trends and Insights
The ongoing economic recovery will create growth opportunities
- Improving macroeconomic conditions, including recovering consumer confidence and rising per capita disposable income, will create growth opportunities for manufacturers as consumers resume discretionary spending, supporting outdoor furniture sales and resulting in revenue gains.
Biggest companies in the Outdoor Furniture Manufacturing in the US
| Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
|---|---|---|---|---|
Ashley Furniture Industries, Inc. | 292.8 | 8.4 | 2.9 | |
Landscape Forms, Inc. | 67.8 | 2.0 | 2.9 | |
Dumor Inc. | 7.1 | 0.2 | 2.9 |
To view the market share and analysis for all 3 top companies in this industry, view purchase options.
Products & Services Segmentation
Source: IBISWorld
Industry revenue is measured across several distinct product and services lines, including Upholstered wood outdoor furniture, Nonupholstered wood outdoor furniture and Metal outdoor furniture. Upholstered wood outdoor furniture is the largest segment of the Outdoor Furniture Manufacturing in the US.
Trends and Insights
Wood outdoor furniture has many uses
- While varieties differ, most wood outdoor furniture requires maintenance to last outdoors. Many consumers treat their wood furniture with weatherproof sealers, oils and stains. The most popular woods used are jarrah, kwila, pine, redwood, roble, teak, rattan, oak and white cedar.
- More insights available in the full report
Widen you competitive advantage with related industries
Competitors
- There are no industries to display.
Complementors
- Household Furniture Manufacturing in the US
- Office Furniture Manufacturing in the US
- Home Furnishing Wholesaling in the US
- Furniture Stores in the US
International industries
- Household Furniture Manufacturing in Canada
- Wooden Furniture and Upholstered Seat Manufacturing in Australia
- Furniture Manufacturing in New Zealand
- Kitchen Furniture Manufacturing in the UK
- Wood Furniture Manufacturing in China
Table of Contents
About this industry
Industry definition
This industry manufactures outdoor furniture, such as lawn and patio chairs, picnic tables and patio umbrellas. Outdoor furniture can be made of various materials, including metal, wood and plastic. Items are designed to be placed outside the home. Furniture designed specifically for camping is excluded from this industry.
What's included in this industry?
Upholstered wood outdoor furnitureNonupholstered wood outdoor furnitureMetal outdoor furniturePlastic and other outdoor furnitureCompanies
Ashley Furniture Industries, Inc.Landscape Forms, Inc.Dumor Inc.Purchase this report to view all 3 major companies in this industry.
Related Terms
RATTANWICKERTEAKPOLYPROPYLENEPOLYETHYLENEIndustry Code
NAICS 33712 - Outdoor Furniture Manufacturing in the US
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
Outdoor furniture manufacturers deal with intense competition from imports. Although demand for outdoor furniture has risen recently, most of it was met by imported outdoor f...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2014-2023) and forecast (2024-2029)
- Employees, including historical (2014-2023) and forecast (2024-2029)
- Businesses, including historical (2014-2023) and forecast (2024-2029)
- Profit, including historical (2014-2024)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
Metal outdoor furniture is often considered an investment because of its longevity. It can last for many years, making it a cost-effective option in the long run and the most...
In this chapter
- Products & Services
- Major Markets
- International Trade
Key metrics
- Largest market segment and value in 2024
- Product innovation level
- Total imports, level and trend
- Total exports, level and trend
- Trade Balance
Charts
- Products & services segmentation in 2024
- Major market segmentation in 2024
- International trade, including imports by country and exports by country
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
- Recent trends in import and export volumes, country of origin or destination, and expected future trends
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
Business-friendly tax policies and regulatory environments can make it more attractive for outdoor furniture manufacturers to operate in a region. The Southeast, in particula...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each state
- Share of population compared to establishments in each region in 2024
Tables
- Number and share of establishments in each state in 2024
- Number and share of revenue each state accounts for in 2024
- Number and share of wages each state accounts for in 2024
- Number and share of employees in each state in 2024
Detailed analysis
- Geographic spread of the industry across North America, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
Competition within the industry stems from price, quality, product design and distribution networks. Since consumers are becoming increasingly price-sensitive, price is the m...
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2019-2024
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
Only one company, Ashley Furniture, has amassed more than 5.0% of the market. According to its website, Ashley Furniture offers a variety of outdoor furniture products made i...
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2020 through 2024
- Major companies in the industry, including market share, revenue, profit and profit margin in 2024
- Overview of Ashley Furniture Industries, Inc.'s performance by revenue, market share and profit margin from 2018 through 2024
- Overview of Landscape Forms, Inc.'s performance by revenue, market share and profit margin from 2018 through 2024
- Overview of Dumor Inc.'s performance by revenue, market share and profit margin from 2018 through 2024
Detailed analysis
- Description and key data for Ashley Furniture Industries, Inc., and factors influencing its performance in the industry
- Description and key data for Landscape Forms, Inc., and factors influencing its performance in the industry
- Description and key data for Dumor Inc., and factors influencing its performance in the industry
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
Several associations support manufacturers. These associations provide outdoor furniture manufacturers with information on current trends and advocate for legislative reform.
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2014-2029)
- Assistance historical data and forecast (2014-2029)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
Changes in downstream demand, supply chain disruptions and multiple international conflicts contribute to input price volatility. Since consumers are increasingly price-sensi...
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Investment vs. share of economy
Data tables
- Industry Multiples (2017-2022)
- Industry Tax Structure (2017-2022)
- Income Statement (2017-2022)
- Balance Sheet (2017-2022)
- Liquidity Ratios (2017-2022)
- Coverage Ratios (2017-2022)
- Leverage Ratios (2017-2022)
- Operating Ratios (2017-2022)
- Cash Flow & Debt Service Ratios (2014-2029)
- Revenue per Employee (2014-2029)
- Revenue per Enterprise (2014-2029)
- Employees per Establishment (2014-2029)
- Employees per Enterprise (2014-2029)
- Average Wage (2014-2029)
- Wages/Revenue (2014-2029)
- Establishments per Enterprise (2014-2029)
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
How are IBISWorld reports created?
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in the US include:
- US Census Bureau
- US Bureau of Labor Statistics
- US International Trade Commission
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
Learn more about our methodology and data sourcing on the Help Center.
Frequently Asked Questions
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Outdoor Furniture Manufacturing in the US industry in United States in 2024?
The market size of the Outdoor Furniture Manufacturing in the US industry in United States is $1.7bn in 2024.
How many businesses are there in the Outdoor Furniture Manufacturing in the US industry in 2024?
There are 160 businesses in the Outdoor Furniture Manufacturing in the US industry in United States, which has declined at a CAGR of 6.8 % between 2019 and 2024.
Has the Outdoor Furniture Manufacturing in the US industry in United States grown or declined over the past 5 years?
The market size of the Outdoor Furniture Manufacturing in the US industry in United States has been declining at a CAGR of 6.8 % between 2019 and 2024.
What is the forecast growth of the Outdoor Furniture Manufacturing in the US industry in United States over the next 5 years?
Over the next five years, the Outdoor Furniture Manufacturing in the US industry in United States is expected to grow.
What are the biggest companies in the Outdoor Furniture Manufacturing in the US market in United States?
The biggest companies operating in the Outdoor Furniture Manufacturing market in United States are Ashley Furniture Industries, Inc., Landscape Forms, Inc. and Dumor Inc.
What does the Outdoor Furniture Manufacturing in the US in United States include?
Upholstered wood outdoor furniture and Nonupholstered wood outdoor furniture are part of the Outdoor Furniture Manufacturing in the US industry.
Which companies have the highest market share in the Outdoor Furniture Manufacturing in the US in United States?
The company holding the most market share in United States is Ashley Furniture Industries, Inc..
How competitive is the Outdoor Furniture Manufacturing in the US industry in United States?
The level of competition is high and increasing in the Outdoor Furniture Manufacturing in the US industry in United States.
