Chemical Industry Updates

  Outdoor furniture including seating sets, dining sets, and lounging equipment are used for relaxation and enjoyment in outdoor spaces such as patios, lawns, gardens and decks. These furniture enhance the outdoor spaces and provide comfort similar to indoor spaces. Grills are used for outdoor cooking and come in various fuel types including gas grills and charcoal grills. Rising consumer preference for spending leisure time with family and friends outdoors is driving the demand for these products in the global market. The global Outdoor Furniture and Grill Market is estimated to be valued at US$52.53 billion in 2023 and is expected to exhibit a CAGR of 5.9% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: Growing interest of population in outdoor recreation has accelerated the demand for better outdoor spaces and amenities over the past few years. Consumers are actively investing in upgrading their outd

  Market Overview: Outdoor furniture and grills are used to furnish outdoor spaces such as patios, decks, backyards, and pools. Products under outdoor furniture include seating sets, tables, chairs etc. while outdoor grills include gas grills and charcoal grills used for outdoor cooking. Market Dynamics: The outdoor furniture and grill market is projected to grow at a rapid pace owing to rising consumer spending capacity and inclination towards outdoor activities and entertaining. Outdoor grills are increasingly being adopted for backyard parties and gatherings due to their convenience of cooking outdoors. Rising single-family homes with private outdoor spaces in the US and Europe is also fueling the demand for furniture and grills. Moreover, availability of these products through multiple distribution channels including online retailing has made accessibility easier, propelling market growth. Major Drivers of  Outdoor Furniture and Grill Market  Growth Due to Increasing Popularity of