Market Forecast By Type (Wooden, Metal, Fabric, Other), By Application (Residential, Commercial) And Competitive Landscape
Product Code: ETC433474 | Publication Date: Dec 2022 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Turkey Garden Bench Market is growing rapidly owing to the rising demand for outdoor seating and gardens among consumers. The growing population base in urban areas is also expected to drive the demand for Turkey garden benches in the coming years. Additionally, the increasing popularity of this type of seating in outdoor settings, such as gardens and parks are propelling the demand for this market. The growing demand for these benches from residential sectors, such as housing developments and apartment complexes and rising awareness about the benefits of healthy living is also contributing to the Turkey Garden Bench Market growth. Some other factors driving the market are increasing demand from the construction sector, growing tourism, and rising spending on leisure activities in emerging economies. However, the high production costs and lack of awareness among buyers about the product category restraining the industry development.
According to 6Wresearch, Turkey Garden Bench Market is expected to grow during 2022-2028. The Turkey Garden Bench Market is driven by increasing demand from the construction sector and rising spending on leisure activities in emerging economies. The growth of the market is mainly due to increased spending on recreational facilities by government organizations and private companies. Moreover, increasing numbers of tourists are drawn towards tourism-spurred development projects such as resorts and theme parks in Turkey. Apart from this, increased spending on residential properties is also propelling the growth of this market. Furthermore, rising awareness about this product category among buyers is another key factor spurring the demand for Turkey Garden Bench Industry during the forecast period.
The COVID-19 pandemic outbreak has had a significant impact on the Turkey Garden Bench Market share. The outbreak has resulted in a decline in demand for garden benches as people were stayed indoors during the epidemic. This has led to a decrease in production and an increase in prices. The lockdown imposed by the government to limit the spread of virus has led to a decrease in construction activities which has resulted in a decline in demand for garden benches. However, the market is expected to recover from the impact of the pandemic as people start spending more time outdoors.
Based on Product Type, the market is segmented into Woods, Iron, Wedges, and Putters. All these segments are growing during the forecast period owing to the increasing demand for garden benches.
The Turkey Garden Bench Market is highly competitive. The leading companies are vying for market share. The major companies trying to offer the best products and services to their customers. They are also constantly innovating and improving their products and services.
The report offers a comprehensive study of the subsequent market segments: