Outdoor furniture market size and forecast

    China's outdoor leisure furniture industry has a low starting point and a late start. The scale of the consumer market is limited by factors such as low economic development and consumption concepts, and it is difficult to promote the market. At present, outdoor leisure furniture and supplies are mainly concentrated in the commercial field, such as tourist attractions, hotels, bars, villas and other outdoor leisure areas.

    (1) Market size

    In 2019, the size of my country's outdoor furniture market reached 2.81 billion yuan, a year-on-year increase of 19%. Despite the impact of the new crown epidemic in 2020, sales in the first half of the year declined, but due to the timely response measures taken by the Chinese government to control the spread of the epidemic, the domestic economy experienced an explosive rebound, and at the same time, it will promote the market size of the outdoor furniture industry. Continuing to grow, the market size of this industry is expected to reach 3.01 billion yuan in 2021, which shows that the industry has a strong market development momentum and promising prospects.

    (2) Industry prospect forecast analysis

    The developing countries represented by China have huge market potential and will provide broad development space for the industry. At present, my country has developed into a global manufacturing center of outdoor leisure furniture and supplies, with complete industrial facilities. The dominant enterprises in my country's outdoor leisure furniture industry have continuously strengthened their international competitiveness by virtue of their constantly improving design capabilities and production technology levels.

    (3) Gradually increase industry concentration to help establish industry brand

  my country fully entered the production of outdoor leisure furniture industry in the late 1980s. After years of development, my country's outdoor leisure furniture has begun to take shape in terms of production and trade volume. At present, there are many participants in the outdoor leisure furniture industry in my country, and the industry concentration is low. A large number of enterprises do not meet the standards, while ensuring product quality and promoting the healthy development of the industry.