Shanghai Furniture Fair| Outdoor furniture market analysis
The
outdoor furniture on display at the Shanghai Furniture
Fair is mainly used to bring comfort and pleasure to the balcony space,
and is designed to withstand any climatic conditions, such as heat, cold and
rain. These products are versatile and low maintenance, adding extra charm to
Spaces such as gardens, lawns and home backyards. Its ability to be exposed to
different climatic conditions and to resist corrosion, fading, water
resistance, and wear and tear on fixtures and fittings has led to an overall increase
in demand for such products in residential and commercial Spaces.
Analysis by product type
On the basis of product type, the global
market is segmented into tables, chairs, dining tables and chairs. Due to the
increasing popularity of remote working conditions, which require more table
consumption in the home, the table segment is expected to gradually grow and
occupy a dominant share. These tables are compact in size and allow users to
place their gadgets to work in public Spaces such as terraces and balconies,
thus contributing to the growth of the segment. They are easy to carry,
spacious, and can be loaded with a variety of outdoor work items. The wide
adoption of tables of various shapes and sizes among residents and households
is driving the growth of the segment.
Analysis by material type
The global market is segmented into wood,
metal, plastic, etc. on the basis of material type. Wood holds the largest
share in the market due to its durability and low maintenance requirements. The
waterproof and insect resistant properties of wood materials such as mahogany,
teak, acacia and cedar are widely used in crafts and interior decoration. These
wood materials can withstand constant rough use and are resistant to moisture
and temperature fluctuations. In addition, wood is cost-effective and is an ideal
material for making essential outdoor and indoor furniture. It is mainly used
in the manufacture of wood interiors, and the import and export of wood
materials has increased significantly in the past few years.
However, due to the strength and robustness
of metal products relative to other types, the metal industry is expected to
see substantial growth in the coming years. In addition, metals have different
properties that allow them to form complex shapes and designs that make lamps
look more attractive. Metal chairs made of stainless steel are robust and will
not sag from frequent use. Due to their high density, they are an excellent
choice for building chairs and assembly furniture for parks, gardens and stadiums.
In addition, plastic materials are widely
used to make tables and chairs for balcony Spaces due to their light weight,
and plastic is usually cheaper compared to wood and metal.
Through end-user analysis
Due to the growing consumption of lawn and
balcony installations in homes and residences, the residential segment holds a
dominant share in the market. The growing style trend of disposable income and
living has aroused consumers' interest in luxury furniture that makes the
outdoor gardens and terraces of their homes pleasing to the eye. In addition,
consumers at the Shanghai Furniture Fair have a
growing preference for home renovation and remodeling, demanding more
consumption of sustainable fixtures that can positively impact the beauty of
their surroundings and play an important role in the health and well-being of
their homes.
However, due to the growing number of
restaurants and hotel chains with open-air dining facilities, the commercial
sector is also expected to take a significant share in the coming years. This,
in turn, is expected to boost the growth of such products in the commercial
sector. Manufacturers are constantly working on innovative trends to produce
sustainable furniture products according to the functional needs of users.
Dining tables and chairs are widely used for casual seating in bars and pubs,
with luxurious and stylish finishes made of metal and wood materials. In
addition, increased government support and increased demand for hotels and
restaurants in both urban and non-urban cities will further drive the demand
for outdoor furniture in the commercial sector.
If you want to learn more about the food
industry, please visit the Shanghai Furniture Fair website
to learn more.
Source:
Fortune Business Insights
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