US Outdoor Furniture & Grills Market to Hit $7 billion in 2015

According to the report “Outdoor Furniture & Grills: US industry forecasts for 2015 & 2020”  US demand for outdoor furniture and grill products (including patio heaters and accessories such as umbrellas, covers, cushions and grilling utensils) is to grow to almost $7 billion in 2015. This growth is the result of an improvement over the 2005-2010 period, during the latter half of which reduced consumer spending associated with the economic recession limited demand for these products.

The market for outdoor furniture and grill products will benefit from improvements in construction expenditures and consumer spending, as well as the continued popularity of outdoor living areas such as patios, porches and decks. In addition, growing interest in outdoor rooms with coordinated décor will support gains as consumers continue to invest in higher quality products.

Outdoor furniture and accessories made up over two-thirds of value demand in 2010. The grill and accessories segment is expected to see the fastest increases through 2015, benefiting from ongoing upgrades to more expensive, feature intensive grills and the continued development of specialised grill accessories. The relatively small patio heating product segment will match the industry’s overall pace, with sales supported by the availability of firepits in an expanding range of sizes, styles and price points.

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