Definition:
The Outdoor Furniture segment focuses on the types of furniture which are commonly found in the garden, patio, and/or on the terrace. These products are typically made from durable materials such as metal, wood, or plastic and are designed to withstand various weather conditions while providing comfort and style.
Additional Information:
The Outdoor Furniture segment consists of revenue and average revenue per capita data. Per capita figures consider the whole population. This segment includes only business to consumer (B2C) sales. Business to business (B2B) sales (e. g., furniture for coffee shops, offices, etc.) are excluded in the figures shown. For more information on the displayed data, click the info button on the right-hand side of each box. In terms of key players in the furniture market, IKEA is the leading furniture company; however, with the rise of eCommerce, players such as Wayfair are gaining ground.
Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Nov 2024
Source: Statista Market Insights
Most recent update: Jul 2024
Source: Statista Market Insights
Most recent update: Nov 2024
Source: Statista Market Insights
Most recent update: Mar 2024
Source: Statista Company Insights
Most recent update: Oct 2024
Source: Statista Market Insights
Most recent update: Nov 2024
Source: Statista Market Insights
The Outdoor Furniture market in Mauritius has been experiencing steady growth in recent years. Customer preferences for outdoor living spaces, the rise of tourism, and favorable weather conditions are some of the key factors driving this growth. Additionally, local special circumstances and underlying macroeconomic factors have also contributed to the development of the market.
Customer preferences: in Mauritius have shifted towards creating outdoor living spaces that are both functional and aesthetically pleasing. With an increasing number of people spending time outdoors, there is a growing demand for outdoor furniture that is comfortable, durable, and easy to maintain. Customers are also looking for furniture that complements the natural surroundings and enhances the overall ambiance of their outdoor spaces. One of the main drivers of the Outdoor Furniture market in Mauritius is the country's thriving tourism industry. Mauritius is known for its beautiful beaches, lush landscapes, and tropical climate, making it a popular destination for tourists. As a result, there is a growing demand for outdoor furniture in hotels, resorts, and other tourist establishments. These establishments are investing in high-quality outdoor furniture to provide their guests with comfortable and enjoyable outdoor experiences. The favorable weather conditions in Mauritius also contribute to the development of the Outdoor Furniture market. The country enjoys a warm climate throughout the year, with mild winters and hot summers. This allows people to spend more time outdoors, creating a need for outdoor furniture that can withstand the elements and provide comfort and functionality. The demand for outdoor furniture is particularly high during the summer months when people engage in outdoor activities such as barbecues, picnics, and garden parties.
Local special circumstances: in Mauritius, such as the strong cultural emphasis on outdoor living and the availability of skilled craftsmen, further contribute to the growth of the Outdoor Furniture market. Outdoor living is deeply ingrained in the Mauritian culture, with many households having outdoor spaces for socializing and relaxation. This cultural preference drives the demand for outdoor furniture and encourages manufacturers to produce a wide range of designs and styles to cater to different customer preferences. Additionally, Mauritius is home to skilled craftsmen who have the expertise to create high-quality outdoor furniture using traditional techniques and locally sourced materials.
Underlying macroeconomic factors: such as population growth, rising disposable income, and urbanization, also play a role in the development of the Outdoor Furniture market in Mauritius. As the population grows and incomes rise, more people have the means to invest in outdoor furniture. Urbanization also contributes to the demand for outdoor furniture, as people living in urban areas often have limited outdoor spaces and seek to make the most of them by creating inviting and functional outdoor living areas. In conclusion, the Outdoor Furniture market in Mauritius is developing due to customer preferences for outdoor living spaces, the rise of tourism, favorable weather conditions, local special circumstances, and underlying macroeconomic factors. As these factors continue to drive the demand for outdoor furniture, the market is expected to experience further growth in the coming years.
Data coverage:
Data encompasses B2C enterprises. Figures are based on home furnishings and furniture found in every room of the home. This market is categorized by the room where the furniture is likely to be used and consists of the following: Living Room, Bedroom, Kitchen & Dining room, Outdoor, Home Office, and Baby & Children's Furniture. The Furniture market also includes Lamps and Lighting and Home Décor because the furnishings and accessories within these categories are not specific to any room.Modeling approach / Market size:
Market sizes are determined by a top-down approach, based on a specific rationale for each market segment. As a basis for evaluating markets, we use national statistical offices, international institutions, in-house market research, and resources from the Statista platform. Next we use relevant key market indicators and data from country-specific associations such as consumer spending and GDP. This data helps us to estimate the market size for each country individually.Forecasts:
In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, exponential trend smoothing is well suited for forecasting the Furniture market with a projected steady growth. The main drivers are furniture and furnishings, carpets and other floor coverings, and consumer spending per capita.Additional Notes:
The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights