Outdoor Leisure Furniture Market Forecast Analysis in 2022
China Business Information Network: Outdoor leisure furniture and supplies not only have the powerful function of adapting to the harsh conditions of the outdoors, but also have the role of beautifying the environment and leading the fashionable life, with beautiful shapes and various designs, which meet the needs of modern people to pursue personalization and fashion, and are indispensable new elements in people’s outdoor activities. Modern outdoor leisure furniture and supplies are not only more and more diversified, but also more and more widely used, and increasingly favored by the market.
Market Status
1. Production value
The development of outdoor leisure furniture and supplies in China started late, and the popularity of the civilian market is low due to the restrictions on living conditions. With the development of tourism catering and other leisure industries, the commercial market of outdoor leisure furniture and supplies in China will develop rapidly. In recent years, the total output value of China’s outdoor leisure furniture and supplies industry has been growing, with an output value of 42.23 billion yuan in 2021, up 8.39% year-on-year, and is expected to reach 46.54 billion yuan by 2022.
2. Market scale
In recent years, with the increase in leisure time of domestic residents, the domestic market demand for outdoor leisure furniture and supplies has gradually increased. 2020 China’s outdoor leisure furniture and supplies market size has reached 3.01 billion yuan, an increase of 7.1% year-on-year growth. The market size is expected to reach 3.65 billion yuan in 2022.
Development trends
1. Informationization and automation of business
The degree of informatization and automation of enterprises in China’s outdoor leisure furniture and supplies industry is relatively low. With the continuous development of business scale and rising labor costs, enterprises’ requirements for equipment efficiency, cost control, and product quality is increasing, making the degree of application of information technology and the degree of automation of production equipment gradually become the key to winning in the market competition.
2. R & D’s ability to improve
The lack of R & D and design capabilities for outdoor physical leisure furniture and supplies has been a bottleneck in the development of enterprises within the outdoor physical leisure furniture and supplies industry in China. Consumers of outdoor body Lee furniture and supplies, generally every one to two years on the outdoor leisure furniture will be updated, which requires companies in the industry must focus on R & D and design capabilities, and continuous innovation to meet market demand.
3. Vigorously implement the brand-name strategy
Accelerate the transformation of outdoor furniture business development, constantly optimize the product structure, do their best to develop high value-added products, vigorously develop new products, and increase the product variety reserves. Realize the product mainly relies on the scale of expansion and quantitative growth to both the scale of quantity and quality benefits of the fundamental transformation. Establish a brand-name cultivation mechanism based on consumer recognition and international market competitiveness, strive to improve product quality, focus on the development of high-end, high-quality, high-efficiency products, to promote the enterprise bigger and stronger, and strive to create international brands, with brand-name products to drive the transformation of industrial growth. This is also the growth strategy of Boomfortune.
For more information, please refer to the “China Outdoor Leisure Furniture Industry Market Outlook and Investment Opportunities Research Report” released by China Business Industry Research Institute, which also provides industrial data, industrial intelligence, industrial research reports, industrial planning, park planning, 14th Five-Year Plan, industrial investment attraction and other services.
Post time: Oct-22-2022
