Backyard upgrade boom
A new trend report finds 77% of US homeowners wish they spent more time outside — fueling demand for covered patios, fire features, edible gardens and smart lighting. (globenewswire.com)
The International Casual Furnishings Association commissioned the "Outdoor Living Trend Report" and had Wakefield Research conduct the underlying consumer survey of 1,000 U.S. adults, according to industry coverage of the release. (furninfo.com) Trex Company (NYSE: TREX) picked up and redistributed the report on March 19, 2026, quoting Jodi Lee, Trex’s senior vice president of marketing, in its company post about the findings. (trex.com) Market analysts project the U.S. outdoor furniture market will reach about $7.41 billion in 2026 and then expand toward roughly $10.03 billion by 2031, implying a multi‑year CAGR in the mid‑single digits. (mordorintelligence.com) Separately tracked outdoor‑structure spending (pergolas, pavilions, covered patios and similar builds) was estimated at $892.9 million in the U.S. in 2024 and is forecast to grow at roughly 5.3% annually through 2030. (grandviewresearch.com) Broad renovation data shows sustained household investment in home projects: the 2025 Houzz & Home Study surveyed more than 21,800 U.S. homeowners and reported a median renovation spend of $20,000 in 2024. (st.hzcdn.com) Product‑level research underlines where suppliers are placing bets — the global outdoor kitchen/equipment category was valued at about $24.45 billion in 2024, while manufacturers continue to emphasize low‑maintenance composite decking and weather‑resistant materials. (thisoldhouse.com)
