July 5, 2022
Consumers, Businesses to Spend More on Outdoor Furniture
With increased purchasing power, consumer attention is shifting to improving outdoor spaces to create more comfortable and appealing designs.
Expect continued growth in the outdoor furniture market, according to a report by Market Research Future (MRFR).
The firm notes that with increased purchasing power, consumer attention is shifting to improving outdoor spaces to create more comfortable and appealing designs.
In North America, significant growth is attributed to “the rise of the hotel business, as well as people’s increasing inclination for replacing their basic furniture set with furniture that has multifunctional characteristics. The market outlook is being bolstered by the growth of offices with gardens and the expansion of recreational centers.”
Source: The 2022 ReportLinker , globenewswire.com
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