Wicker Furniture Market
The market for Wicker Furniture was estimated at $2.5 billion in 2024; it is anticipated to increase to $3.9 billion by 2030, with projections indicating growth to around $5.5 billion by 2035.
Global Wicker Furniture Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Wicker Furniture industry revenue is expected to be around $2.7 billion in 2025 and expected to showcase growth with 7.3% CAGR between 2025 and 2034. The remarkable expansion seen in the Wicker Furniture industry indicates that this category of products is thriving not only in homes but also in commercial settings with increasing importance attached to it. Factors driving this growth predominantly stem from consumers inclination towards eco friendly goods. The visual appeal of wicker furniture along, with its strength and adaptability significantly contribute to its market growth. Furthermore the growing ability to spend money, an increase, in home improvement projects and the strong growth of hospitality ventures all contribute to the continued importance of this particular market segment.
The use of woven materials like cane and rattan forms the basis of wicker furnitures charm and strength while adding to its visual appeal and resilience factor in various settings such as homes for indoor use or outdoor spaces like patios as well as establishments, in the hospitality sector and office environments alike.
Market Key Insights
- The Wicker Furniture market is projected to grow from $2.5 billion in 2024 to $5.1 billion in 2034. This represents a CAGR of 7.3%, reflecting rising demand across Residential Interior Design, Outdoor Furnishing and Commercial Hospitality.
- Ashley Furniture Industries Inc., La-Z-Boy Incorporated, Inter IKEA Systems B.V. are among the leading players in this market, shaping its competitive landscape.
- U.S. and China are the top markets within the Wicker Furniture market and are expected to observe the growth CAGR of 4.7% to 7.0% between 2024 and 2030.
- Emerging markets including Indonesia, Nigeria and Philippines are expected to observe highest growth with CAGR ranging between 8.4% to 10.1%.
- Transition like Embracing Sustainability is expected to add $154 million to the Wicker Furniture market growth by 2030.
- The Wicker Furniture market is set to add $2.6 billion between 2024 and 2034, with manufacturer targeting Hospitality & Commercial Office Spaces Application projected to gain a larger market share.
- With Growing consumer preference for aesthetic outdoor spaces, and Advancement in synthetic wicker manufacturing, Wicker Furniture market to expand 102% between 2024 and 2034.