frosted_clean
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frosted_clean
innovation_area
product_niche
key_competitors

Folding Outdoor Furniture Set

$1,299
Elevate your outdoor space with a stunning set of foldable furniture, seamlessly blending folded steel and rich teak wood. The marriage of industrial durability and natural elegance creates a striking ensemble. Each piece is meticulously crafted, ensuring durability against the elements while offering a timeless aesthetic. The folded steel provides a modern, structured look, while the teak wood adds warmth and a touch of organic beauty. This outdoor furniture set, designed for easy storage, promises both style and resilience, inviting you to relax in comfort and sophistication amidst the beauty of your outdoor surroundings.
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44%
Opportunity Score
An average of all the key measures and so the broad measure of the opportunity potential for a new product
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21%
Buyer Demand
Strength of monthly search volume and monthly sales volume for the organic keyword listing selected
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54%
Revenue Potential
This metric reviews the revenue that existing listings are generating as well as the potential sales volume
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26%
Competition Opp.
Based on the number of strong versus weak competitors appearing, your opportunity at succeeding in the market

Market Data Overview

The patio furniture set market is expected to reach a value of $XX billion by 2025, with a 5% CAGR during the forecast period. Rising disposable incomes, changing lifestyles, and a growing focus on creating stylish outdoor spaces are fueling the demand for patio furniture sets.
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20,170
Search Volume
Represents the average search volume for keywords relating to the product category. Directly linked to buyer demand.
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$182.03
Average Price
Averaged across the top five selling products within the product category
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$16,075
Average Revenue
Estimated monthly revenue of the top 50 products within the product category
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$38,000
Launch Budget
Total estimated investment for three months of inventory stocked in a warehouse ready for launch

Estimated Factory Costs

These are the estimated costs of developing your product with a factory and what you should expect to pay for samples and expect to pay for units in production

$140-$180
Est. Sample Cost
$6,750-$8,250
Est. Tooling Cost
$16.36-$40.89
Est. Unit Cost

Development/Service Costs

These are estimated totals for each key development milestone towards getting your concept into production supported by a team of experts in the Region of your choice, dealing with Factories directly, representing you.

$10003 weeks
Sourcing
$17006 weeks
Sampling & Tooling
$18507 weeks
Production
$455014-18 Weeks
Total Estimates

Design Features Overview

  • Extremely durable materials keep your furniture looking sharp for years to come
  • Folding mechanism allows you to easily store and move the set
  • Clever use of folded sheet steel and minimal wooden accents makes a strong product that is easy on the wallet
Additional technical specifications and detailed feature sets are provided in your design pack on purchase.
What you Receive with your Concept
What happens Next
Additional Information
Gembah Marketplace
All-in-One Design Concepts - All Included

Technical Specs + Expert Insights + Factory Quotes

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Legal
  • Ownership and exclusivity to the Design Concept
  • Any intellectual property rights
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Expert Insights
  • Competitor matrix of top selling products
  • Sentiment analysis of popular features & common problems
  • Product Niche, how your product is better
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Design Files
  • All Key features
  • Technical Specifications
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Factory Quotes
  • Sampling & tooling Quotes from Matched Factories
  • Production Quotes from Matched Factories
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Support
  • 6 Months free Access to the Gembah Platform
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Ownership You will become the exclusive owner of this concept. The concept will be removed from the marketplace and nobody else can see if or buy it.

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Onboarding You will receive a platform onboarding email within 24 hours to set you up in the Gembah platform. This is where all your project information will be loaded and maintained through the duration of the project (i.e. if you decide to use the platform, you don;'t have to, but we strongly recommend it to keep your project on track).

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Updates  We will update the market research to ensure you have the latest market information and upload that information within 3 working days.

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Deliverables  You will receive an email with the product concept report for your review. Review it in detail and document any questions you have for the designer or the factory. If there are any changes that you would like to make, document those in detail.

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Quotations  We will ask qualified factories to submit their very best and updated pricing to make sure you get the best deal possible. We will have those quotes ready for your review within 5 business days.

Development / Service Costs

You have two simple options available to you with getting your product to production.

With Gembah Develop your product through sampling into production using our global teams to represent and guide your through the process (see costs in breakdown above)

DIY You are able to do all your sourcing / production work yourself. We will be on standby to support if needed

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Who Is Gembah

We have 600+ Designers.

We have 2000+ Vetted Factories in our Network.

Our global teams in Regions support our project  dealing with Factories and through the Supply Chain journey into Production.

Our platform enables collaboration of between Global teams to bring Product concepts to market in record time.

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Quotations / choosing a factory

We will provide you quotations for your product via the platform within 5 working days. If need help choosing your ideal factory and dealing with contracts, you can hire our help.

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Sampling

Prior to going to production you will need to develop your product through sampling, this will take collaboration with your factory and likely two rounds of sampling. If you need design or service support, you can hire us to help.

I have a question concerning this product concept
Our team will get back to you*