LONDON--(BUSINESS WIRE)--The outdoor cushions market in the US is expected to post a CAGR of nearly 6% during the period 2020-2024, according to the latest market research report by Technavio. Request a free sample report
The increase in demand for water-resistant cushions is one of the major factors that is driving the growth of the outdoor cushions market. Water-resistant cushions are made of fabrics that are coated with a finish that resists water breaking through the surface. They also offer better breathability, which makes them best suited for outdoor cushioning applications. Owing to such advantages, consumers in the US are exhibiting a strong demand for water-resistant outdoor cushions. This is encouraging market vendors to offer a wide range of water-resistant outdoor cushions to cater to the growing consumer demand.
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As per Technavio, the rising online demand for outdoor cushion products will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other important trends and market drivers that will affect market growth over 2020-2024.
Outdoor Cushions Market in the US: Rising Online Demand for Outdoor Cushion Products
Factors such as improved internet connectivity, rising adoption of mobile internet devices, and rising consumer awareness have increased the online sales of outdoor cushion products in the US. E-commerce websites are enabling consumers to choose from a wide range of outdoor cushioning products such as pillows, deep seating cushions, and ottoman cushions. The availability of multiple e-commerce websites has further fueled the online sales of outdoor cushioning products in the country. The rise in the online demand for outdoor cushioning products is expected to boost market growth during the forecast period.
“Apart from the rising online demand for outdoor cushion products, the emergence of custom-made outdoor cushions and the development of eco-friendly material for outdoor cushions are some other major factors that will boost market growth during the forecast period,” says a senior analyst at Technavio.
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Outdoor Cushions Market in the US: Segmentation Analysis
This market report segments the outdoor cushions market in the US by distribution channel (offline and online), type (foam cushions, inflatable cushions, and others), and end-users (residential and commercial).
The offline distribution channel led the market in 2019, followed by the online distribution channel. During the forecast period, the offline distribution channel is expected to maintain its dominance over the global market. This is due to the expansion of retail stores in local markets by leading players.
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Some of the key topics covered in the report include:
- Market ecosystem
- Market characteristics
- Market segmentation analysis
- Market definition
- Market size and forecast
Five Forces Analysis
- Regional comparison
- Key leading countries
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
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