Thailand Garden Furniture Market (2024-2030) | Growth, Outlook, Trends, Forecast, Analysis, Value, Share, Revenue, Companies, Size & Industry

Thailand Garden Furniture Market Synopsis

The Thailand Garden Furniture market size is expected to reach USD 1.87 billion by 2026, exhibiting a CAGR of 7.6% during the forecast period 2020-2026. The rise in demand for outdoor furniture has been witnessed due to increasing consumer spending on luxury and leisure activities such as patio parties and barbecues. Furthermore, growing consumer preferences towards enhancing their home d?cor have also positively impacted the growth of garden furniture market in Thailand over the last few years. Moreover, the rising trend of minimalism has resulted in increased demand for low maintenance material based furnishings which are likely to drive the growth of this market further during the forecast period 2020-2026.

Market Drivers

With an increase in disposable income levels and changing lifestyle trends, there has been a surge in consumers??? spending on luxury products such as garden furniture sets. This factor is driving significant growth opportunities for manufacturers across Thailand that offer various types of garden furniture pieces including tables, chairs & benches, sofas & loungers etc., thereby propelling market growth significantly over the next few years. Rising consumer preference regarding home decor is another major factor responsible for driving revenue generation from sales of outdoor or garden furniture items such as sunrooms & conservatories across Thailand residential sector over recent past years which will continue during 2020-2026 forecast period too.

Challenges of the Market

Presence of various substitutes available at lower prices than premium grade outdoor furnishing solutions would remain one key challenge hindering penetration rates amongst cost sensitive target customer groups residing within developing economies like Thailand over upcoming years from 2020 till 2026.High costs associated with replacement and repair works performed upon purchased units need to be taken into account before deciding whether investing into specific garden furnishing solution would fit within personal budget plans or not; especially when confronted with presence long lasting alternatives available within same price range.

Covid-19 Impact on the Market

The Thailand garden furniture market has been adversely affected by the Covid-19 pandemic. This is mainly due to the restriction of movement and social distancing measures, which have hindered consumer purchases. However, this situation is likely to improve in 2021 as the government continues to ease restrictions and people start looking for outdoor activities.

Key Players of the Market

Key players in the Thailand garden furniture industry include Rattan Home Furniture Co., Ltd., Kettal (Thailand) Co., Ltd., U&K Group International Co., Ltd., Gardenista Plus Co., Ltd., Easy Gardenland Company Limited, and many more. These companies are expected to benefit from increased demand as consumers look for better ways to enjoy outdoor spaces during this difficult time.

Key Highlights of the Report:

• Thailand Garden Furniture Market Outlook
• Market Size of Thailand Garden Furniture Market, 2023
• Forecast of Thailand Garden Furniture Market, 2030
• Historical Data and Forecast of Thailand Garden Furniture Revenues & Volume for the Period 2020-2030
• Thailand Garden Furniture Market Trend Evolution
• Thailand Garden Furniture Market Drivers and Challenges
• Thailand Garden Furniture Price Trends
• Thailand Garden Furniture Porter's Five Forces
• Thailand Garden Furniture Industry Life Cycle
• Historical Data and Forecast of Thailand Garden Furniture Market Revenues & Volume By Type for the Period 2020-2030
• Historical Data and Forecast of Thailand Garden Furniture Market Revenues & Volume By Tables for the Period 2020-2030
• Historical Data and Forecast of Thailand Garden Furniture Market Revenues & Volume By Chairs for the Period 2020-2030
• Historical Data and Forecast of Thailand Garden Furniture Market Revenues & Volume By Dining Sets for the Period 2020-2030
• Historical Data and Forecast of Thailand Garden Furniture Market Revenues & Volume By Seating Sets for the Period 2020-2030
• Historical Data and Forecast of Thailand Garden Furniture Market Revenues & Volume By Others for the Period 2020-2030
• Historical Data and Forecast of Thailand Garden Furniture Market Revenues & Volume By Application for the Period 2020-2030
• Historical Data and Forecast of Thailand Garden Furniture Market Revenues & Volume By Brand Outlets for the Period 2020-2030
• Historical Data and Forecast of Thailand Garden Furniture Market Revenues & Volume By Franchised Furniture Store for the Period 2020-2030
• Historical Data and Forecast of Thailand Garden Furniture Market Revenues & Volume By E-Commerce for the Period 2020-2030
• Historical Data and Forecast of Thailand Garden Furniture Market Revenues & Volume By Others for the Period 2020-2030
• Thailand Garden Furniture Import Export Trade Statistics
• Market Opportunity Assessment By Type
• Market Opportunity Assessment By Application
• Thailand Garden Furniture Top Companies Market Share
• Thailand Garden Furniture Competitive Benchmarking By Technical and Operational Parameters
• Thailand Garden Furniture Company Profiles
• Thailand Garden Furniture Key Strategic Recommendations