U.S. Outdoor Furniture And Kitchen Market 2025 Latest Innovations And Challenges By 2030
U.S. Outdoor Furniture And Kitchen Industry The U.S. outdoor furniture and kitchen market size is expected to reach USD 14.60 billion by 2030, registering a CAGR of 6.9% from 2025 to 2030, according to a new report by Grand View Research, Inc. The demand for outdoor furniture and kitchen has been driven by homeowners' growing desire for bringing an indoor ambiance outdoors. One of the most common trends among homeowners looking to upgrade their living spaces is to improve the outdoor space. In the five years leading up to 2019, rising home values caused homeowners' equity to double, signaling a surge in spending power on home improvement projects. This increased spending power increased demand for outdoor furniture, including kitchen furniture. The National Association of Realtors (NAR) estimates that existing-home sales in the U.S. increased by 10.5% YoY in August 2020 to reach a seasonally adjusted annual pace of 6 million units. In addition, many service provi...