Outdoor Furniture - Western Africa

Western Africa

Highlights

In 2024, the revenue in Western Africa's Outdoor Furniture market reaches a substantial sum of US$382.60m.
Looking ahead, this market is projected to experience a steady annual growth rate of 2.05% (CAGR 2024-2029).
When compared to other regions globally, United States stands out as the leader in generating revenue, with an impressive US$18bn in 2024.
Considering the population size, the per capita revenue in Western Africa's Outdoor Furniture market amounts to US$0.93 in 2024.
The demand for outdoor furniture in Western Africa is on the rise, as more people are embracing outdoor living spaces for relaxation and entertainment purposes.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Outdoor Furniture market in Western Africa is experiencing significant growth and development due to various factors. Customer preferences, trends in the market, local special circumstances, and underlying macroeconomic factors all contribute to this positive trajectory.

Customer preferences: in Western Africa are shifting towards outdoor living and leisure activities. As the region experiences rapid urbanization and an expanding middle class, more people are seeking to create outdoor spaces for relaxation and entertainment. This has led to an increased demand for outdoor furniture that is both functional and aesthetically pleasing. Customers are looking for durable and weather-resistant materials, comfortable seating options, and stylish designs that reflect their personal taste and lifestyle. One of the key trends in the Outdoor Furniture market in Western Africa is the growing popularity of eco-friendly and sustainable products. As consumers become more conscious about the environmental impact of their choices, there is a rising demand for furniture made from recycled materials or sourced from sustainable forests. This trend is driven by a combination of factors, including increased awareness of climate change, government initiatives promoting sustainability, and the influence of global sustainability movements. Another trend in the market is the increasing availability of online shopping platforms. e-commerce has gained significant traction in Western Africa, providing customers with easy access to a wide range of outdoor furniture options. Online platforms offer convenience, competitive pricing, and the ability to compare products and read customer reviews. This trend has expanded the market reach and allowed customers in remote areas to access a greater variety of outdoor furniture.

Local special circumstances: also play a role in the development of the Outdoor Furniture market in Western Africa. The region's climate, with its warm temperatures and abundant sunshine, encourages outdoor living and creates a conducive environment for outdoor furniture usage. Additionally, cultural traditions and social norms in Western Africa often prioritize communal gatherings and outdoor socializing, further driving the demand for outdoor furniture.

Underlying macroeconomic factors: such as economic growth and rising disposable incomes, contribute to the development of the Outdoor Furniture market in Western Africa. As the region's economies continue to expand, more individuals and households have the means to invest in outdoor furniture. Increased construction activities, particularly in the residential sector, also contribute to the demand for outdoor furniture as new homes and outdoor spaces are being created. In conclusion, the Outdoor Furniture market in Western Africa is experiencing growth and development due to shifting customer preferences, emerging trends, local special circumstances, and underlying macroeconomic factors. As customers seek to create outdoor living spaces and engage in leisure activities, the demand for functional and aesthetically pleasing outdoor furniture continues to rise. The popularity of eco-friendly products, the growth of online shopping platforms, and the region's climate and cultural traditions all contribute to the positive trajectory of the market. Additionally, economic growth and rising disposable incomes provide further opportunities for market expansion.

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.