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Outdoor Cushions Market in the US 2020-2024 | Rising Online Demand for Outdoor Cushion Products to Boost Growth | Technavio

Technavio has announced its latest market research report titled outdoor cushions market in the US 2020-2024 (Graphic: Business Wire)

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

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20191023005598/en/

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 Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com: https://www.businesswire.com/news/home/20191023005598/en/