Sun Lounger Market Size, Trends and Insights By Material (Fabric, Plastic, Metal, Wooden, Others), By Type (Fixed, Foldable), By End User (Residential, Commercial), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033
Report Snapshot
| Study Period: | 2024-2033 |
| Fastest Growing Market: | Asia-Pacific |
| Largest Market: | Europe |
Major Players
- IKEA
- Lowe’s
- Kettal
- Costco Wholesale Corporation
- Target Corporation
- Others
Reports Description
Global Sun Lounger Market was valued at USD 4.8 Billion in 2024 and is expected to reach USD 9.6 Billion by 2033, at a CAGR of 4.5% during the forecast period 2024 – 2033.
A sun lounger is a piece of outdoor furniture used for leisure and sunbathing. It usually consists of a long, reclining chair with a slatted or padded surface for comfort. Sun loungers are typically seen around pools, beaches, outdoor spaces, and gardens, and they provide a comfortable and flexible seating choice for sunbathers to relax and enjoy the sun.
Sun Lounger Market: Growth Factors
Increase in demand for leisure and recreational activities
The sun lounger industry is driven by rising demand for leisure and recreational activities as lives and tastes shift. As people seek more possibilities for leisure and outdoor enjoyment, the need for comfortable and fashionable outdoor furniture, such as sun loungers, develops accordingly.
Sun loungers provide a pleasant and elegant way to soak up the sun, relax by the pool, or host outdoor parties for friends and family. Furthermore, with the increasing appeal of outdoor gatherings and the trend towards overnight stays, customers are investing more in their outside areas, creating demand for high-quality outdoor furniture like sun loungers.
In addition, the development in the tourist and hospitality industries stimulates the need for sun loungers in resorts, hotels, and recreational facilities, as they aim to provide guests with a premium outdoor experience, contributing to market growth.
For instance, luxury hotels have elevated the sun lounger to the level of art. Calilo, a new 30-suite experiential-minded luxury deep dive on the Greek island of Ios, includes sun loungers for every mood, including suspended beds, floating loungers beneath bamboo cabanas, and those meant to be semi-submerged in water.
Rise in preference for sun loungers by individuals use in patios and backyards
Individuals’ growing desire for sun loungers for usage in patios and backyards is propelling the sun lounger market through several major drivers. Increasing emphasis on outdoor living areas and leisure activities, with people looking for comfortable and elegant furniture to improve their outside experience.
Sun loungers are growing more popular among homeowners due to their easy and peaceful seating choice for sunbathing, reading, or socialising. Furthermore, as people grow more health-conscious, spending time outside for sun exposure and relaxation has become increasingly important, driving up demand for sun loungers.
In addition, the variety of sun lounger designs, materials, and functionalities appeals to a wide range of consumer tastes and aesthetics, which contributes to market growth. For instance, one of the most important benefits of an outdoor lounger is its adaptability.
These sets include a variety of couches, chairs, tables, and loveseats that may be configured in numerous combinations to fit specific events and places. If you want to create an intimate seating area for your group of friends and family or a vast lounge for a larger group gathering, the modular design of the outdoor lounger allows you to tailor the arrangement to your exact requirements.
This versatility makes them suitable for both tiny and big outdoor locations, and they may be readily adapted to different styles or situations, ranging from a cosy corner on a small apartment balcony to a spectacular sitting arrangement in a spacious backyard.
Sun Lounger Market: Restraints
High costs and portability issues
The sun lounger market confronts issues owing to high pricing and mobility limitations. High-quality sun loungers are sometimes prohibitively expensive, keeping them out of reach for budget-conscious buyers. This narrows the market’s reach and uptake, especially among price-sensitive consumers.
Furthermore, mobility difficulties limit the convenience of sun loungers, since bulky or heavy designs are difficult to carry and store, particularly for outdoor leisure activities like beach vacations or camping. Consumers may choose more lightweight and foldable alternatives to avoid this constraint, reducing demand for classic sun loungers.
Manufacturers must innovate to overcome these problems by delivering economical yet durable solutions and constructing sun loungers with enhanced portable characteristics to match consumers’ increasing demands and preferences in the leisure furniture market.
Sun Lounger Market: Opportunities
Growing tourism and hospitality sector
The expanding tourist and hospitality industries contribute significantly to the growth of the sun lounger industry. As more people travel for pleasure and relaxation, the need for comfortable and visually appealing outdoor furniture, such as sun loungers, grows.
Sun loungers are required at hotels, resorts, beaches, and recreational facilities that cater to visitors. They give guests pleasant outdoor seating options for sunbathing and relaxation. Moreover, the popularity of destination weddings, business retreats, and outdoor events drives up demand for sun loungers in hospitality contexts.
In addition, the trend towards wellness tourism, which emphasizes relaxation and rejuvenation, increases the demand for sun loungers as vital commodities in wellness-oriented hotels and facilities.
As a result, the increase in the tourist and hospitality sector adds to the growth of the sun lounger market. For instance, the tourism and hospitality sector are a critical component of the Make in India strategy, acting as an economic driver for job creation and rapid growth.
It promotes the development of multi-use infrastructure, such as world-class hotels, resorts, beautiful restaurants, efficient transportation networks (airports, highways, ships, and trains), and cutting-edge medical facilities. By 2028, India’s tourism and hospitality sector is expected to produce more than USD 59 billion. Furthermore, foreign tourist arrivals (FTAs) are expected to total USD30.5 million by 2028.
Sun Lounger Market: Segmentation Analysis
Global Sun Lounger market is segmented by material, type, end user, and region. Based on material, the market is classified into fabric, plastic, metal, wooden, and others. Fabric dominated the market in 2023 with a market share of 40.7% and is expected to keep its dominance during the forecast period 2024-2033.
Fabrics play an important role in driving the sun lounger industry because of their practical and aesthetic properties. Manufacturers use a variety of textiles to make pleasant and long-lasting sun lounger sitting surfaces, including polyester, acrylic, and textile.
These textiles include UV protection, and water repellence, and are easy to maintain, making them excellent for usage outside in sunny and humid climates. Fabric selection also impacts the form and appearance of sun loungers, providing a diverse range of colours, patterns, and textures to suit individual tastes and preferences.
In addition, advances in fabric technology, such as breathable and quick-drying fabrics, improve sun lounger comfort and usability, enticing consumers looking for leisure and convenience in the outdoors. Fabrics promote innovation and uniqueness in the sun lounger market, contributing to its growth and appeal to consumers seeking quality outdoor furniture solutions.
Based on type, the market is classified into fixed and foldable. Foldable dominated the market in 2023 with a market share of 80.5% and is expected to keep its dominance during the forecast period 2024-2033. Foldable sun loungers have dominated the market because of their adaptability and ease.
These loungers are portable and compact, making them great for outdoor activities including beach excursions, camping trips, and garden leisure. Customers looking for practical outdoor seating options will like the folding form, which allows for easy transit and storage.
Furthermore, folding sun loungers frequently have customisable reclining positions and ergonomic attributes to improve comfort and customisation. Foldable sun loungers have grown in popularity as consumers prioritise outdoor leisure activities and look for solutions that match their on-the-go lifestyle.
Their mix of usefulness, comfort, and convenience has led to widespread market adoption, accelerating development and innovation in the outdoor furniture business.
Based on end users, the market is classified into residential and commercial. Commercial dominated the market in 2023 with a market share of 79.8% and is expected to keep its dominance during the forecast period 2024-2033. Commercial facilities, such as hotels, resorts, and cruise ships, are driving the sun lounger market due to the increased demand for outdoor seating solutions in leisure and hospitality environments.
Sun loungers, featuring adjustable reclining positions, soft cushioning, and robust materials, provide the right balance of comfort and durability for business settings. In addition, commercial operators frequently buy sun loungers in quantity to decorate vast outdoor areas, such as poolside decks and beachfront, driving up market demand.
Moreover, the trend of experience travel and the rising appeal of outdoor recreational pursuits lead to the rising need for sun loungers at commercial establishments, propelling market expansion in hospitality.
Report Scope
| Feature of the Report | Details |
| Market Size in 2024 | USD 4.8 Billion |
| Projected Market Size in 2033 | USD 9.6 Billion |
| Market Size in 2023 | USD 4.2 Billion |
| CAGR Growth Rate | 4.5% CAGR |
| Base Year | 2023 |
| Forecast Period | 2024-2033 |
| Key Segment | By Material, Type, End User and Region |
| Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
| Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
| Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
Sun Lounger Market: Regional Analysis
By region, Sun Lounger market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle East & Africa. North America dominated the global Sun Lounger market in 2023 with a market share of 45.6% and is expected to keep its dominance during the forecast period 2024-2033.
North America’s availability of recreational venues, such as sandy beaches, swimming pools, and outdoor resorts, drives up demand for sun loungers among customers seeking pleasure and leisure activities.
Furthermore, North America’s tradition of outdoor living and entertainment, along with a strong emphasis on wellbeing and lifestyle trends, drives market growth for sun loungers. Additionally, the presence of significant manufacturers and merchants in the region, as well as substantial distribution channels and marketing activities, help to make sun loungers more accessible and visible to consumers.
In addition, developments in design, materials, and features targeted to North American customer demands, such as durability, comfort, and adaptability, continue to stimulate regional interest and adoption of sun loungers.
Sun Lounger Market: Recent Developments
- In June 2022, VONDOM introduced new stylish sun loungers for poolside or beach use. The Factory’s design is influenced by New York City’s cast-iron architecture, whilst the Faz sunbed is inspired by crystallised quartz.
- In February 2023, Vetra, an established producer of furniture for outdoor use, launched an innovative line of luxurious outdoor seating products.
- In January 202, Kimball International developed Interwoven, a customer-focused furnishing brand for sun loungers.
List of the prominent players in the Sun Lounger Market:
- IKEA
- Lowe’s
- Kettal
- Costco Wholesale Corporation
- Target Corporation
- Bed Bath & Beyond Inc.
- Wayfair LLC
- Williams-Sonoma Inc.
- Dedon GmbH
- Keter Group
- Nardi S.p.A.
- Medallion Furniture
- Unopiu
- Varaschin
- Fermob
- Hartman Group
- Gloster Furniture GmbH
- Tropitone Furniture Company Inc.
- Brown Jordan International Inc.
- Lafuma Mobilier
- Others
These key players are adopting various growth strategies such as mergers & acquisitions, joint ventures, expansion, strategic alliances, new product launches, etc. to enhance their business operations and revenues.
The Sun Lounger Market is segmented as follows:
By Material
- Fabric
- Plastic
- Metal
- Wooden
- Others
By Type
- Fixed
- Foldable
By End User
- Residential
- Commercial
Regional Coverage:
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Taiwan
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
Table of Contents
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market Research Methodology
- Chapter 2. Executive Summary
- 2.1 Global Sun Lounger Market, (2024 – 2033) (USD Billion)
- 2.2 Global Sun Lounger Market: snapshot
- Chapter 3. Global Sun Lounger Market – Industry Analysis
- 3.1 Sun Lounger Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Increase in demand for leisure and recreational activities
- 3.2.2 Rise in preference for sun loungers by individuals use in patios and backyards
- 3.3 Market Restraints
- 3.4 Market Opportunities
- 3.5 Market Challenges
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Material
- 3.7.2 Market Attractiveness Analysis By Type
- 3.7.3 Market Attractiveness Analysis By End User
- Chapter 4. Global Sun Lounger Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Sun Lounger Market: company market share, 2023
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Sun Lounger Market – Material Analysis
- 5.1 Global Sun Lounger Market Overview: By Material
- 5.1.1 Global Sun Lounger Market Share, By Material, 2023 and 2033
- 5.2 Fabric
- 5.2.1 Global Sun Lounger Market by Fabric, 2024 – 2033 (USD Billion)
- 5.3 Plastic
- 5.3.1 Global Sun Lounger Market by Plastic, 2024 – 2033 (USD Billion)
- 5.4 Metal
- 5.4.1 Global Sun Lounger Market by Metal, 2024 – 2033 (USD Billion)
- 5.5 Wooden
- 5.5.1 Global Sun Lounger Market by Wooden, 2024 – 2033 (USD Billion)
- 5.6 Others
- 5.6.1 Global Sun Lounger Market by Others, 2024 – 2033 (USD Billion)
- 5.1 Global Sun Lounger Market Overview: By Material
- Chapter 6. Global Sun Lounger Market – Type Analysis
- 6.1 Global Sun Lounger Market Overview: By Type
- 6.1.1 Global Sun Lounger Market Share, By Type, 2023 and 2033
- 6.2 Fixed
- 6.2.1 Global Sun Lounger Market by Fixed, 2024 – 2033 (USD Billion)
- 6.3 Foldable
- 6.3.1 Global Sun Lounger Market by Foldable, 2024 – 2033 (USD Billion)
- 6.1 Global Sun Lounger Market Overview: By Type
- Chapter 7. Global Sun Lounger Market – End User Analysis
- 7.1 Global Sun Lounger Market Overview: By End User
- 7.1.1 Global Sun Lounger Market Share, By End User, 2023 and 2033
- 7.2 Residential
- 7.2.1 Global Sun Lounger Market by Residential, 2024 – 2033 (USD Billion)
- 7.3 Commercial
- 7.3.1 Global Sun Lounger Market by Commercial, 2024 – 2033 (USD Billion)
- 7.1 Global Sun Lounger Market Overview: By End User
- Chapter 8. Sun Lounger Market – Regional Analysis
- 8.1 Global Sun Lounger Market Regional Overview
- 8.2 Global Sun Lounger Market Share, by Region, 2023 & 2033 (USD Billion)
- 8.3. North America
- 8.3.1 North America Sun Lounger Market, 2024 – 2033 (USD Billion)
- 8.3.1.1 North America Sun Lounger Market, by Country, 2024 – 2033 (USD Billion)
- 8.3.1 North America Sun Lounger Market, 2024 – 2033 (USD Billion)
- 8.4 North America Sun Lounger Market, by Material, 2024 – 2033
- 8.4.1 North America Sun Lounger Market, by Material, 2024 – 2033 (USD Billion)
- 8.5 North America Sun Lounger Market, by Type, 2024 – 2033
- 8.5.1 North America Sun Lounger Market, by Type, 2024 – 2033 (USD Billion)
- 8.6 North America Sun Lounger Market, by End User, 2024 – 2033
- 8.6.1 North America Sun Lounger Market, by End User, 2024 – 2033 (USD Billion)
- 8.7. Europe
- 8.7.1 Europe Sun Lounger Market, 2024 – 2033 (USD Billion)
- 8.7.1.1 Europe Sun Lounger Market, by Country, 2024 – 2033 (USD Billion)
- 8.7.1 Europe Sun Lounger Market, 2024 – 2033 (USD Billion)
- 8.8 Europe Sun Lounger Market, by Material, 2024 – 2033
- 8.8.1 Europe Sun Lounger Market, by Material, 2024 – 2033 (USD Billion)
- 8.9 Europe Sun Lounger Market, by Type, 2024 – 2033
- 8.9.1 Europe Sun Lounger Market, by Type, 2024 – 2033 (USD Billion)
- 8.10 Europe Sun Lounger Market, by End User, 2024 – 2033
- 8.10.1 Europe Sun Lounger Market, by End User, 2024 – 2033 (USD Billion)
- 8.11. Asia Pacific
- 8.11.1 Asia Pacific Sun Lounger Market, 2024 – 2033 (USD Billion)
- 8.11.1.1 Asia Pacific Sun Lounger Market, by Country, 2024 – 2033 (USD Billion)
- 8.11.1 Asia Pacific Sun Lounger Market, 2024 – 2033 (USD Billion)
- 8.12 Asia Pacific Sun Lounger Market, by Material, 2024 – 2033
- 8.12.1 Asia Pacific Sun Lounger Market, by Material, 2024 – 2033 (USD Billion)
- 8.13 Asia Pacific Sun Lounger Market, by Type, 2024 – 2033
- 8.13.1 Asia Pacific Sun Lounger Market, by Type, 2024 – 2033 (USD Billion)
- 8.14 Asia Pacific Sun Lounger Market, by End User, 2024 – 2033
- 8.14.1 Asia Pacific Sun Lounger Market, by End User, 2024 – 2033 (USD Billion)
- 8.15. Latin America
- 8.15.1 Latin America Sun Lounger Market, 2024 – 2033 (USD Billion)
- 8.15.1.1 Latin America Sun Lounger Market, by Country, 2024 – 2033 (USD Billion)
- 8.15.1 Latin America Sun Lounger Market, 2024 – 2033 (USD Billion)
- 8.16 Latin America Sun Lounger Market, by Material, 2024 – 2033
- 8.16.1 Latin America Sun Lounger Market, by Material, 2024 – 2033 (USD Billion)
- 8.17 Latin America Sun Lounger Market, by Type, 2024 – 2033
- 8.17.1 Latin America Sun Lounger Market, by Type, 2024 – 2033 (USD Billion)
- 8.18 Latin America Sun Lounger Market, by End User, 2024 – 2033
- 8.18.1 Latin America Sun Lounger Market, by End User, 2024 – 2033 (USD Billion)
- 8.19. The Middle-East and Africa
- 8.19.1 The Middle-East and Africa Sun Lounger Market, 2024 – 2033 (USD Billion)
- 8.19.1.1 The Middle-East and Africa Sun Lounger Market, by Country, 2024 – 2033 (USD Billion)
- 8.19.1 The Middle-East and Africa Sun Lounger Market, 2024 – 2033 (USD Billion)
- 8.20 The Middle-East and Africa Sun Lounger Market, by Material, 2024 – 2033
- 8.20.1 The Middle-East and Africa Sun Lounger Market, by Material, 2024 – 2033 (USD Billion)
- 8.21 The Middle-East and Africa Sun Lounger Market, by Type, 2024 – 2033
- 8.21.1 The Middle-East and Africa Sun Lounger Market, by Type, 2024 – 2033 (USD Billion)
- 8.22 The Middle-East and Africa Sun Lounger Market, by End User, 2024 – 2033
- 8.22.1 The Middle-East and Africa Sun Lounger Market, by End User, 2024 – 2033 (USD Billion)
- Chapter 9. Company Profiles
- 9.1 IKEA
- 9.1.1 Overview
- 9.1.2 Financials
- 9.1.3 Product Portfolio
- 9.1.4 Business Strategy
- 9.1.5 Recent Developments
- 9.2 Lowe’s
- 9.2.1 Overview
- 9.2.2 Financials
- 9.2.3 Product Portfolio
- 9.2.4 Business Strategy
- 9.2.5 Recent Developments
- 9.3 Kettal
- 9.3.1 Overview
- 9.3.2 Financials
- 9.3.3 Product Portfolio
- 9.3.4 Business Strategy
- 9.3.5 Recent Developments
- 9.4 Costco Wholesale Corporation
- 9.4.1 Overview
- 9.4.2 Financials
- 9.4.3 Product Portfolio
- 9.4.4 Business Strategy
- 9.4.5 Recent Developments
- 9.5 Target Corporation
- 9.5.1 Overview
- 9.5.2 Financials
- 9.5.3 Product Portfolio
- 9.5.4 Business Strategy
- 9.5.5 Recent Developments
- 9.6 Bed Bath & Beyond Inc.
- 9.6.1 Overview
- 9.6.2 Financials
- 9.6.3 Product Portfolio
- 9.6.4 Business Strategy
- 9.6.5 Recent Developments
- 9.7 Wayfair LLC
- 9.7.1 Overview
- 9.7.2 Financials
- 9.7.3 Product Portfolio
- 9.7.4 Business Strategy
- 9.7.5 Recent Developments
- 9.8 Williams-Sonoma Inc.
- 9.8.1 Overview
- 9.8.2 Financials
- 9.8.3 Product Portfolio
- 9.8.4 Business Strategy
- 9.8.5 Recent Developments
- 9.9 Dedon GmbH
- 9.9.1 Overview
- 9.9.2 Financials
- 9.9.3 Product Portfolio
- 9.9.4 Business Strategy
- 9.9.5 Recent Developments
- 9.10 Keter Group
- 9.10.1 Overview
- 9.10.2 Financials
- 9.10.3 Product Portfolio
- 9.10.4 Business Strategy
- 9.10.5 Recent Developments
- 9.11 Nardi S.p.A.
- 9.11.1 Overview
- 9.11.2 Financials
- 9.11.3 Product Portfolio
- 9.11.4 Business Strategy
- 9.11.5 Recent Developments
- 9.12 Medallion Furniture
- 9.12.1 Overview
- 9.12.2 Financials
- 9.12.3 Product Portfolio
- 9.12.4 Business Strategy
- 9.12.5 Recent Developments
- 9.13 Unopiu
- 9.13.1 Overview
- 9.13.2 Financials
- 9.13.3 Product Portfolio
- 9.13.4 Business Strategy
- 9.13.5 Recent Developments
- 9.14 Varaschin
- 9.14.1 Overview
- 9.14.2 Financials
- 9.14.3 Product Portfolio
- 9.14.4 Business Strategy
- 9.14.5 Recent Developments
- 9.15 Fermob
- 9.15.1 Overview
- 9.15.2 Financials
- 9.15.3 Product Portfolio
- 9.15.4 Business Strategy
- 9.15.5 Recent Developments
- 9.16 Hartman Group
- 9.16.1 Overview
- 9.16.2 Financials
- 9.16.3 Product Portfolio
- 9.16.4 Business Strategy
- 9.16.5 Recent Developments
- 9.17 Gloster Furniture GmbH
- 9.17.1 Overview
- 9.17.2 Financials
- 9.17.3 Product Portfolio
- 9.17.4 Business Strategy
- 9.17.5 Recent Developments
- 9.18 Tropitone Furniture Company Inc.
- 9.18.1 Overview
- 9.18.2 Financials
- 9.18.3 Product Portfolio
- 9.18.4 Business Strategy
- 9.18.5 Recent Developments
- 9.19 Brown Jordan International Inc.
- 9.19.1 Overview
- 9.19.2 Financials
- 9.19.3 Product Portfolio
- 9.19.4 Business Strategy
- 9.19.5 Recent Developments
- 9.20 Lafuma Mobilier
- 9.20.1 Overview
- 9.20.2 Financials
- 9.20.3 Product Portfolio
- 9.20.4 Business Strategy
- 9.20.5 Recent Developments
- 9.21 Others.
- 9.21.1 Overview
- 9.21.2 Financials
- 9.21.3 Product Portfolio
- 9.21.4 Business Strategy
- 9.21.5 Recent Developments
- 9.1 IKEA
List Of Figures
Figures No 1 to 25
List Of Tables
Tables No 1 to 77
Report Methodology
In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:
Preliminary Data Mining
On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.
Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.
Statistical Model
Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.
Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.
Some of the variables taken into account for forecasting are as follows:
• Industry drivers and constraints, as well as their current and projected impact
• The raw material case, as well as supply-versus-price trends
• Current volume and projected volume growth through 2033
We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.
Primary Validation
This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.
Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.
All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:
• Market leaders
• Suppliers of raw materials
• Suppliers of raw materials
• Buyers.
The following are the primary research objectives:
• To ensure the accuracy and acceptability of our data.
• Gaining an understanding of the current market and future projections.
Data Collection Matrix
| Perspective | Primary research | Secondary research |
| Supply-side |
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| Demand-side |
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Market Analysis Matrix
| Qualitative analysis | Quantitative analysis |
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Prominent Player
- IKEA
- Lowe’s
- Kettal
- Costco Wholesale Corporation
- Target Corporation
- Bed Bath & Beyond Inc.
- Wayfair LLC
- Williams-Sonoma Inc.
- Dedon GmbH
- Keter Group
- Nardi S.p.A.
- Medallion Furniture
- Unopiu
- Varaschin
- Fermob
- Hartman Group
- Gloster Furniture GmbH
- Tropitone Furniture Company Inc.
- Brown Jordan International Inc.
- Lafuma Mobilier
- Others
FAQs
The restraints of the Sun Lounger market is high costs and portability issues.
The major driver for the Sun Lounger market is increase in demand for leisure and recreational activities and rise in preference for sun loungers by individuals use in patios and backyards.
The “Fixed” category dominated the market in 2023.
The key players in the market are IKEA, Lowe’s, Kettal, Costco Wholesale Corporation, Target Corporation, Bed Bath & Beyond Inc., Wayfair LLC, Williams-Sonoma Inc. , Dedon GmbH, Keter Group, Nardi S.p.A., Medallion Furniture, Unopiu, Varaschin, Fermob, Hartman Group, Gloster Furniture GmbH, Tropitone Furniture Company Inc., Brown Jordan International Inc., Lafuma Mobilier, Others.
“North America” had the largest share in the Sun Lounger Market.
The global market is projected to grow at a CAGR of 4.5% during the forecast period, 2024-2033.
The Sun Lounger Market size was valued at USD 4.8 Billion in 2024.