Global Wicker Furniture Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2024 - 2034
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 smart 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, and 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 $400.0 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.
Opportunities in the Wicker Furniture
The rise in landscaping and the expansion of the hospitality sector in emerging markets such as China and India have led to a surge in the demand for outdoor furniture. Wicker Furniture stands out as a choice for stylish outdoor setups due to its durability and resistance, to weather conditions.
Growth Opportunities in North America and Asia-Pacific
North America Outlook
The wicker furniture market in North America is showing prospects with a focus on the United States in particular. There is an increasing group of consumers who are environmentally conscious and prefer eco friendly and sustainable furniture like wicker pieces. Moreover the surge in home remodeling driven by disposable incomes is fuel the demand for beautifully designed wicker furniture pieces. However this region faces competition from major players such as Pier 1 Imports, Ashley HomeStore and IKEA who have a strong presence, in the market. Businesses utilize tailored customer content to attract visitors to their platforms and boost their digital presence effectively by focusing on top notch wicker products at competitive prices while implementing successful digital marketing strategies.
Asia-Pacific Outlook
The wicker furniture industry in the Asia Pacific region is thriving with China and India leading the way in showcasing their craftsmanship and traditional skills through wickerwork art forms gaining acclaim and opening up new avenues for local artisans to shine on a global stage due to government efforts to highlight indigenous art forms encouraging greater international visibility for Asian wicker furniture production despite facing tough competition, from both local and regional competitors all striving for a piece of the market share pie. In the midst of competition, in the market space and the digital arena alike implementating marketing strategies can set businesses apart grant them a notable online visibility advantage amidst the crowded field. To succeed in this environment industry contenders should prioritize crafting top notch wicker furniture featuring designs and complement these offerings with impactful digital marketing endeavors.
Market Dynamics and Supply Chain
Driver: Growing Consumer Preference for Aesthetic Outdoor Spaces, and Increased Adoption in Commercial Spaces
Technological progress has also enhanced the sturdiness and weather resilience of wicker furniture pieces like dining sets or loungers that are also now in high demand due to their appealing aesthetics and long lasting quality, with minimal upkeep requirements.
Restraint: Increasing Raw Material Costs
Opportunity: Tapping into Rapidly Evolving Interior Design Trends and The Green Wave in Furniture Manufacturing
With the increasing awareness of issues among consumers today there is a growing demand for sustainable manufacturing methods. Wicker furniture crafted from materials like rattan and cane offers an appealing eco friendly option compared to conventional hardwood or metal furnishings. Embracing practices and eco friendly production techniques wicker furniture is well positioned to benefit from the rise, in environmentally conscious consumer behavior.
Challenge: Presence of Cheap Synthetic Alternatives
Supply Chain Landscape
Global Palm Resources Holdings Limited
PT Dharma Hutani Makmur
Ikea
Pier 1 Imports
Ashley Furniture Industries
La-Z-Boy
Walmart
Amazon
Global Palm Resources Holdings Limited
PT Dharma Hutani Makmur
Ikea
Pier 1 Imports
Ashley Furniture Industries
La-Z-Boy
Walmart
Amazon
Applications of Wicker Furniture in Residential Interior Design, Outdoor Furnishing & Commercial Hospitality
In interior design circles, Wicker furniture stands out for its versatility and charm factor that appeals to both function and style preferences of homeowners alike. It’s popular for blending comfort with aesthetics and can easily complement a wide range of home décor themes. Major players like IKEA and Wayfair lead the way in offering diverse wicker furniture designs, solidifying their strong presence in the Ergonomic Furniture market.
In the hospitality industry wicker furniture is quite popular with hotels and restaurants due to its durability and ability to be customized as needed. Seen pieces include chairs, tables and stools. It adds a touch of elegance and comfort to the space making it more appealing to customers. Major players in this sector include known brands such, as Ashley Furniture Industries and Steelcase recognized for their high quality fashionable and long lasting products.
Synthetic wicker furniture is an option for outdoor decor due to its durability in various climates and settings – whether its for private patios or public spaces like parks where outdoor sofas and dining sets are commonly found in use. Forever Patio and Homecrest Outdoor Living are brands offering a diverse selection of top notch furnishings that hold a strong presence, in the market.
Recent Developments
Artemis Designs unveiled their cutting edge 2025 lineup of wicker furniturethat'seco friendly and stylish. This new collection aims to minimize impact while providing trendy designs.
Whitley Furniture Galleries from North Carolina gained recognition for acquiring Coastal Casual. A wicker furniture design company. This strategic move aims to broaden their range of wicker furniture products with a focus, on capturing the luxury market segment.
PE Wicker company has made investments in upgrading their manufacturing processes by incorporating cutting edge robotics and automation technologies to improve the quality and efficiency of their wicker furniture production.
The industry of wicker furniture seen a change towards using eco friendly and sustainable materials in their products. Consumers are showing awareness and concern for the environmental effects of their decisions leading to a growing preference, for wicker furniture made from natural fibers. This shift seems to lean towards fashionable outdoor wicker furniture that is also environmentally conscious and its popularity is increasing.