Patio Tables Market report is a comprehensive overview of the market’s situation thoroughly examined and compiled by Stratview Research. This new report provides past progress, current market conditions, and a future prospect from the year 2021 to 2026. It also offers accurate overview of the growth strategies, market size, mergers & acquisitions, and upcoming products/services of leading key players in this market.
Market Insights
The report analyses the market thoroughly and collects data in order to offer reliable data to the users. Some of the factors driving the growth of patio tables market include the rising trend in outdoor living, an increase in disposable income, and lifestyle changes. Furthermore, the growing popularity of leisure activities such as dining out and barbecue has resulted in an increase in demand for sophisticated outdoor furniture such as patio tables. On the other side, the high cost of building patios and the scarcity of competent labor are projected to stifle growth. Patio tables are pieces of outdoor furniture that are specifically meant to be placed on a patio. Patios frequently have lighting and power outlets for the guests' convenience.
Market Segments' Analysis
According to Stratview Research, the Patio Tables Market is segmented By Product (Metal, Plastic, Wooden, Others), By Application (Hotels, Restaurants, Residential, Other), and Region.
Based on application, the Patio Tables market has been divided into Hotels, Restaurants, Residential, Other. The Residential accounted for the largest market share in 2020. Patio tables are frequently found in outdoor living rooms on residential patios. While entertaining guests, the table provides plenty of area for serving dishes or refreshments. It also comes in a variety of shapes (rectangular, circular).
By region, the North America Patio Tables market accounted for the largest share in 2020 and is expected to grow at a significant CAGR during the review period. The growing popularity of outdoor living, more disposable income, and lifestyle changes are driving the demand for patio tables in North America.
The Asia Pacific Patio Tables market is expected to grow at the highest CAGR during the review on account of the growth of the major end-use industries. Asia Pacific's growing economies, such as China, India, and Australia, have had considerable growth rates in recent years, and this, combined with changing lifestyles, has led to a surge in demand for high-quality patios that provide convenience both indoors and outdoors.
Top key vendors in the market:
The report mentions a list of key players in the Patio Tables Market. Some of them are mentioned below –
- Kettal
- Fermob
- Adams
- Feruci
- Summer Classics
- Suncoast Furniture
- Ratana
- CabanaCoast
- KETTLER
- Heritage Outdoor Living
- Texacraft
- Kingsley-Bate
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Article source: https://article-realm.com/article/Business/49108-Patio-Tables-Market-In-depth-Analysis-Demand-Statistics.html
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