Europe & US Outdoor Shed Market

Europe & US Outdoor Shed Market Introduction

Outdoor sheds are convenient structures that are constructed outside a house and can serve multiple purposes. Most outdoor shed manufacturers offer multiple customization options, depending on the need of their clients. Customizations can be based on dimensions, height, roof type, color, and material. Europe & US outdoor shed market players have been utilizing the e-commerce route to maximize customer reach and increase sales. Prefabricated sheds can be ordered online, which are then installed by customers, or the company can send technicians to install them. Wood sheds have been one of the most common forms of outdoor sheds. However, recently, metal and plastic sheds have become the preferred choice. Plastic sheds are the least expensive option and also the easiest to assemble. However, they have much lower longevity than metal sheds. Wooden sheds provide natural insulation from harsh weather but are more susceptible to environmental hazards. Modern house owners often customize the outdoor shed to match the decoration of the house. It can be placed in such a manner that makes them indistinguishable from the house. Doors and windows in the sheds can also be custom-made, thus increasing the marketability of these products.

Europe & US Outdoor Shed Market - Overview and Dynamics   

The Europe & US outdoor shed market is expected to grow from US$ 2,816.93 million in 2021 to US$ 3,868.74 million by 2028; it is estimated to grow at a CAGR of 4.8% from 2022 to 2028.

The US, Germany, and the UK are leading the Europe & US outdoor shed market growth. A few factors, such as a continuously rising focus on infrastructure development, expanding residential complexes, and increasing investments in research and development by outdoor shed designing and manufacturing companies across Europe and the US, are anticipated to boost the growth of the outdoor shed market from 2022 to 2028. Europe is a key region contributing to the market growth, and countries such as Germany, France, Italy, and the UK are major contributors to the Europe outdoor shed market. Furthermore, Spain, the Netherlands, Switzerland, Poland, Sweden, Belgium, and Norway are among the major contributors to the market growth in the Rest of Europe. Increasing industrial and infrastructural operations in Europe, especially in Germany and France, led to a rise in the number of construction projects, which is propelling the demand for outdoor industrial sheds for storing heavy machinery, such as construction tools. The UK market for outdoor sheds is strongly growing owing to demand from people setting up home offices in such sheds. Such trends are promoting the Europe & US outdoor shed market growth. Moreover, due to the increasing investment in infrastructure in the US and significant consumer spending on home repairs and renovations, the construction business is thriving, thus bolstering the growth of the outdoor shed market in the country. Further, the demand for outdoor sheds in the US is gaining momentum owing to the popularity of gardening and initiatives to maintain lawns. Furthermore, these sheds are also being utilized as outdoor storage space for various equipment such as bicycles, ski gear, camping equipment, and fitness equipment to continue their active lifestyles. Such factors are boosting the Europe & US outdoor shed market growth.

Europe & US Outdoor Shed Market - Key Segments

Based on type, the Europe & US outdoor shed market is segmented into garden sheds, lean-to sheds, insulated sheds, garage sheds, and others. The garage sheds segment was the leading revenue-generating segment in 2021. These sheds are easy to setup, have a durable build, and are long-lasting. Garage sheds are more expensive than other sheds, as they are larger and generally constructed with wood or steel. The garden sheds segment is expected to grow at the highest CAGR owing to rising demand from the residential sector.

Based on material type, the Europe & US outdoor shed market is segmented into wood sheds, metal sheds, and plastic sheds. Plastic sheds are high in demand due to their lightweight property and lower costs. Plastic sheds include vinyl sheds, resin sheds, and high-density polyethylene sheds. These are the latest type of sheds in the Europe & US outdoor shed market. Plastic sheds provide a few advantages over other types of sheds, such as being lightweight and resistant to molds. Such advantages have been strongly driving this segment’s growth. Metal sheds are more expensive than other material types but are more durable and long-lasting. Hence metal sheds are increasingly being used in industrial and commercial applications.

Based on application, the Europe & US outdoor shed market is segmented into residential, commercial, and industrial. The residential segment is rapidly growing owing to the increasing uptake of these sheds for gardening and temporary workplace setups.

Based on size, the Europe & US outdoor shed market was segmented into less than 5m², 5m² – 7m², 7m² – 10m², and above 10m². The above 10m² segment is the largest revenue-generating segment in the Europe & US outdoor shed market, followed by the 7m² – 10m² segment.

Europe & US Outdoor Shed Market - Major Sources and Companies Listed

A few major primary and secondary sources referred to while preparing the report on the Europe & US outdoor shed market are company websites, annual reports, financial reports, national government documents, and statistical databases. Biohort GmbH; Keter Group; Keops Interlok Log Cabins; Estonian Log Cabins LLC; Eurovudas Ltd.; Lifetime Products, Inc.; Palmako AS; Steeltech Sheds; Tiger Sheds; and Yardmaster International are among the major Europe & US outdoor shed market players listed in the report.

Europe & US Outdoor Shed Strategic Insights

Strategic insights for the Europe & US Outdoor Shed provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

Europe & US Outdoor Shed Report Scope

Europe & US Outdoor Shed Regional Insights

The geographic scope of the Europe & US Outdoor Shed refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.