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Sun Lounger Market Size

Report ID: FBI 4247

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Published Date: Jun-2024

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Format : PDF, Excel

Market Outlook:

Sun Lounger Market was over USD 3.09 Billion in 2023 and is predicted to surpass USD 5.15 Billion by end of the year 2032, growing at over 5.4% CAGR between 2024 and 2032.

Base Year Value (2023)

USD 3.09 Billion

19-23 x.x %
24-32 x.x %

CAGR (2024-2032)

5.4%

19-23 x.x %
24-32 x.x %

Forecast Year Value (2032)

USD 5.15 Billion

19-23 x.x %
24-32 x.x %
Sun Lounger Market

Historical Data Period

2019-2023

Sun Lounger Market

Largest Region

North America

Sun Lounger Market

Forecast Period

2024-2032

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Market Dynamics:

Growth Drivers & Opportunity:

One major growth driver for the sun lounger market is the rise in demand for outdoor furniture and recreational equipment. As more people are spending time in their outdoor spaces, they are looking for comfortable and stylish furniture to enhance their outdoor experience. Sun loungers offer a perfect solution for relaxing and sunbathing in the comfort of one's own backyard or poolside. This increasing trend towards outdoor living is expected to drive the demand for sun loungers in the market.

Another significant growth driver for the sun lounger market is the growing hospitality industry, particularly in the tourism and resort sector. Hotels, resorts, and other hospitality establishments are constantly upgrading their outdoor spaces to provide a luxurious and comfortable experience for their guests. Sun loungers are a popular choice for these establishments as they offer a relaxing and inviting seating option for guests to enjoy the sun and fresh air. This increasing demand from the hospitality industry is expected to boost the sales of sun loungers in the market.

Moreover, the trend towards wellness and self-care is also expected to drive the growth of the sun lounger market. With an increasing focus on health and well-being, consumers are looking for ways to relax and unwind in outdoor spaces. Sun loungers provide a perfect spot for individuals to soak up some vitamin D, enjoy the fresh air, and take a break from their busy lives. This increasing awareness of the importance of self-care is expected to create a positive impact on the sales of sun loungers in the market.

Industry

Report Scope

Report CoverageDetails
Segments CoveredMaterial, Category, Lounger Width, Armrest, End-User, Distribution Channel
Regions Covered• North America (United States, Canada, Mexico) • Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe) • Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC) • Latin America (Argentina, Brazil, Rest of South America) • Middle East & Africa (GCC, South Africa, Rest of MEA)
Company ProfiledBrown Jordan, Cane-line, Dedon, EMU Group, Fermob, Gloster Furniture, Harmonia Living, Kettler, Lloyd Flanders, Oxford Garden, Patio Renaissance, Polywood, Royal Botania, Tropitone Furniture, Woodard Furniture

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On the other hand, one major restraint for the sun lounger market is the seasonal nature of the product. Sun loungers are primarily used during the warmer months of the year when people spend more time outdoors. This seasonality can result in fluctuations in demand throughout the year, making it challenging for manufacturers and retailers to maintain a steady revenue stream. The dependence on favorable weather conditions for the sale of sun loungers can pose a significant challenge for businesses operating in this market.

Another major restraint for the sun lounger market is the increasing competition from alternative outdoor seating options. With a wide range of outdoor furniture products available in the market, consumers have a variety of choices when it comes to furnishing their outdoor spaces. From hammocks and swing chairs to outdoor sofas and daybeds, there are numerous alternatives to sun loungers that cater to different preferences and needs. This competition from alternative outdoor seating options can limit the growth potential of the sun lounger market and pose a challenge for businesses looking to differentiate themselves in the crowded outdoor furniture market.

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Sun Lounger Market Size & Share, By Material (Wood...

RD Code : 24