Industry Analysis & Industry Trends
Growth for the Outdoor Furniture Manufacturing industry was sluggish over the past five years, as a result of the high level of import penetration. However, housing starts and rising disposable income boosted demand, allowing revenue to slightly increase. Looking forward, the US dollar is expected to continue appreciating, making imports even more affordable from domestic consumers. Therefore, while the industry will not suffer from a shortage in demand for industry products, challenges lie in the manufacturing of a quality product at a competitive price point.... purchase to read more
Industry Report - Industry Products Chapter
Metal outdoor furniture
Metal outdoor furniture is the largest industry offering, generating an estimated 52.0% of industry revenue in 2015. Metal outdoor furniture comes in a variety of types including aluminum, stainless steel and wrought iron. Aluminum is used because it is lightweight and does not rust, although it is not as visually pleasing as other types of outdoor furniture. Stainless steel is sturdier than aluminum but it requires upkeep to prevent rust from forming; as a result stainless steel has lost some of its popularity. Wrought iron comes in many styles and requires little maintenance, additionally providing a luxurious look.
This segment is expected to experience the most product innovation and improved quality over the next five years... purchase to read more