Reports
- Global Locations -
Headquarters
Future Market Insights, Inc.
Christiana Corporate, 200
Continental Drive, Suite 401,
Newark, Delaware - 19713,
United States
Americas
Future Market Insights, Inc.
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989, United States
MEA
Future Market Insights
1602-6 Jumeirah Bay X2 Tower, Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
Europe
Future Market Insights
3rd Floor, 207 Regent Street,
W1B 3HH London
United Kingdom
Asia Pacific
Future Market Insights
IndiaLand Global Tech Park, Unit UG-1, Behind Grand HighStreet, Phase 1, Hinjawadi, MH, Pune – 411057, India
The Sheds and Outdoor Storage Market is likely to hold the global market at a moderate CAGR of ~5.8% during the forecast period. The global market holds a forecasted revenue of ~US$ 6.8 Billion in 2022 and is likely to cross ~US$ 11.95 Billion by the end of 2032.
The sheds and outdoor storage market is anticipated to show promising growth prospects during the forecast period, expanding the sheds and outdoor storage market size.
Attribute |
Details |
The Sheds and Outdoor Storage Market Estimated Size (2021) |
~US$ 6.5 Billion |
The Sheds and Outdoor Storage Market Estimated Size (2022) |
~US$ 6.8 Billion |
The Sheds and Outdoor Storage Market Projected Size (2032) |
~US$ 11.95 Billion |
The Sheds and Outdoor Storage Market CAGR (2022 to 2032) |
~5.8% |
Generally speaking, outdoor storage refers to the holding of objects utilized in both business and residential contexts. The main factor influencing the uptake of outdoor storage sheds is the necessity to make extra room.
These sheds are frequently used to store unused furniture, bicycles, quad bikes, mobility scooters, garden equipment, and other items. Additionally, these come in a variety of sizes and materials, including steel and fabric. The design of this shed remains almost the same all over the world, with four straight walls, covered by a pair of sloping roofs, or just a single roof. These storage sheds are an important part of western households, where they are used for many different uses.
There is a number of innovative ideas and designs available for these sheds and competitors are always providing new products to customers and trying to attract a bigger population. Manufacturers are providing sheds made from different materials and painted with waterproof, sturdy solution paints, with specified designs to make sure these sheds last longer in any season.
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
There are a number of designs available for outdoor sheds and the material used for building them, the adhesive medium, base protective coat and paint coat, etc. are very important facts that customers always pay attention to. The main attraction of customers is steel sheds. Along with steel body and roof, customers are also looking for waterproof resin coating for the sheds. These resins give the sheds extra durability and overall water resistance, giving them a longer lifespan.
Many customers are preferring prebuilt or ready-to-build types of sheds. They just find these sheds online from different online marts or merchant’s websites. These prebuilt sheds avoid the hassle of building the shed and the waste of resources. The ready-to-build sheds are for those who want to enjoy the process of building their own storage shed in the backyard.
Another trend for an outdoor shed is regarding the purpose of owning one. Many people get a shed to store unwanted stuff or store important things, but some are using these sheds for different purposes. Some people are using them as a workplace or a gym or for hobbies or other work requiring free space. Such a dedicated location for getting things done helps in focusing and working with more efficiency.
The outdoor sheds are essential for big houses, as there might be lots of unrequired tools and other unwanted stuff that cannot be kept inside the house. As outdoor sheds are useful, there are some problems faced if you own one. The outdoor sheds require maintenance from time to time and it can be pretty costly to own one. Purchasing a cheap plastic shed can be a headache in the future, and getting a steel shed can be costly.
Lack of space is another restraint. Many people want an outdoor shed, but limited space blocks them from building or buying one. Such a problem is faced by city people, where living spaces are limited.
There are other problems like water leakage and pest infestation. Water leakage is a problem faced only during monsoon. Improper installation and lack of waterproof coating can be the root of water leakage. If water starts leaking, it might damage the stuff kept inside. Seepage of water in the ground can damage the foundation of the shed and lead to an unstable shed. Pests like mice and termites are a common problem for shed owners. Keeping sheds organized and clean is one way to keep them away, which takes time and effort.
These are some common problems that are restraining the sheds and outdoor storage market.
American households are showing an increasing need for outdoor sheds. There are lots of infrastructural advancements, due to higher per capita income, leading to the increasing requirement for outdoor sheds. The American population has outdoor sheds to store gardening and other equipment related to their daily active lifestyle, like bicycles, skates and skateboards, sports equipment, etc. all these factors are increasing demand for outdoor sheds.
China is observing a rise in demand for sheds and related equipment, due to the rise in gardening trend among Chinese people. Chinese houses are built with a traditional touch, and many of them have a garden with plants and lawns. In order to keep the gardens maintained, house owners are getting outdoor sheds to keep tools and equipment, and other unwanted things taking up unnecessary space inside the house.
Some key players in the Sheds and Outdoor Storage market are Biohort GmbH, SHIRE GB, YardMaster International, Asgard Steel, Keter, Forest Garden Group, Storage Palram Applications, GROSFILLEX, Mercia Garden Products Ltd., BillyOh, and others. All these organizations are providing different types of outdoor sheds.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
Attribute |
Details |
Growth Rate |
CAGR of ~5.8% from 2022 to 2032 |
The base year for estimation |
2021 |
Historical Data Available for |
2017 to 2021 |
Forecast Period |
2022 to 2032 |
Quantitative units |
Revenue in USD Billion, volume in Units, and CAGR from 2022 to 2032 |
Report Coverage |
Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, pricing analysis |
Segments Covered |
Product Type, Material, Application, Distribution Channel, Region |
Country scope |
USA; Canada; Mexico; Germany; UK; France; Italy; Spain; Russia; India; Thailand; China; India; Japan; Australia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; South Africa |
Key Companies Profiled |
|
Customization scope |
Free report customization (equivalent to up to 8 analysts' working days) with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and purchase options |
Avail customized purchase options to meet your exact research needs. |
The sheds and outdoor storage market is expected to reach a valuation of ~US$ 6.8 Billion in 2022.
People are purchasing outdoor sheds to keep the gardening tools and equipment. These sheds are also used as a dedicated workplace or a hobby place, making them popular among customers. These are some trends driving the sheds and outdoor storage market.
Leading players operating in sheds and outdoor storage market are Biohort GmbH, SHIRE GB, YardMaster International, Asgard Steel, Keter, Forest Garden Group, Storage Palram Applications, GROSFILLEX, Mercia Garden Products Ltd., BillyOh and among others.
Explore Consumer Product Insights
View Reports