Europe Outdoor Shed Market

Market Introduction

The European construction sector is soaring well in recent times, after experiencing a decline in the last few years. Demographic trends increased per capita income, and low mortgage rates are driving the residential constructions in the European market. With the rise of individual residencies, luxurious residences, and multi-residential properties, the demand for the outdoor sheds are anticipated to grow faster. The trend is foreseen to continue over the years, as the European countries' population continues to grow, creating a vast space for residential constructions. European countries such as Germany and the UK are experiencing high growth in their construction sector. Governments of various countries are undertaking initiatives with a motive to support the construction industry. The increase in residential and commercial buildings' construction is anticipated to provide growth opportunities to the market in the region. With the increase in population, the construction of residential houses is increasing. Along with this, the gardening activities are increasing. Therefore, to store gardening tools such as lawnmower, outdoor sheds are needed. Further, in Britain, the Garden Shed Company has mentioned that there has been an increase in number of orders for sheds and shed equipment. Also, the Timber Trade Federation reported that in October 2020, imports of softwood were 34% higher than a year earlier. With stocks running low, whatever wood is available is quickly snapped up, according to The Economist Newspaper Limited 2021.

In case of COVID-19, Europe is among the worst-hit regions by the pandemic. In Europe, France is the hardest-hit country by the COVID-19 outbreak. The region is expected to suffer an economic hit due to the lack of revenue from various industries. Additionally, with the outbreak of another variant of COVID-19 in the UK, outdoor shed manufacturing is expected to get hampered. The region is a significant manufacturing and industrial hub for sectors such as healthcare, aviation, manufacturing, automotive, and energy & power. However, due to the COVID-19 outbreak, many businesses in Europe are facing financial challenges as they had to reduce their activities substantially, owing to the lack of workforce, government-imposed restrictions, and decrease in sales. However, because of increase in gardening activities, maintaining lawns, and following an active lifestyle, there is a demand for outdoor sheds in the residential sector to store several equipment. The e-commerce businesses have also helped in boosting the need for outdoor sheds in the residential sector. Moreover, as the lockdown restrictions have been lifted, and vaccination process has begun, the industrial activities have started again. This will boost the growth of the outdoor shed manufacturing in the region.

Europe Outdoor Shed Strategic Insights

Strategic insights for the Europe 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 Outdoor Shed Report Scope

Europe Outdoor Shed Regional Insights

The geographic scope of the Europe 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.

The Europe outdoor shed market is expected to grow from US$ 1,659.28 million in 2021 to US$ 2,255.65 million by 2028; it is estimated to grow at a CAGR of 4.5% from 2021 to 2028. Surging popularity of gardening and consumers’ penchant for maintaining their lawns is expected to escalate the market in coming years. With the increase in population, the construction of residential houses is increasing. With this growth, the gardening activities are also rising. For keeping gardening tools, such as lawnmower, outdoor sheds are needed. For instance, in UK, the Garden Shed Company mentioned that there has been a high increase in the number of orders for sheds and shed equipment. Also, in October 2020, the Timber Trade Federation reported that the imports of softwood were 34% higher than a year earlier. With stocks running low, whatever wood is available is quickly snapped up, according to The Economist Newspaper Limited 2021. In Europe, people maintain their lawns because the lawn is considered as an important factor in relation to their status within the community. Lawns connect neighbours and neighbourhoods. They are viewed as an indicator of socio–economic character, which translates into property- and resale values. A well-maintained lawn is a sign that its owner has a time and/or money to support this attraction. Therefore, for maintaining lawns, the people keep gardening equipment and tools. They need a storage area to further store these equipment and tools. Thus, the Europe outdoor shed market is anticipated to witness the growth in coming years.

Key Market Segments

In terms of type, the metal sheds segment accounted for the largest share of the Europe outdoor shed market in 2020. In terms of application, the commercial segment held a larger market share of the Europe outdoor shed market in 2020.   

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the Europe outdoor shed market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are DuraMax, Keter, Lifetime Products, Rubbermaid, and Suncast.

Reasons to buy report

• To understand the Europe outdoor shed market landscape and identify market segments that are most likely to guarantee a strong return
• Stay ahead of the race by comprehending the ever-changing competitive landscape for Europe outdoor shed market 
• Efficiently plan M&A and partnership deals in Europe outdoor shed market by identifying market segments with the most promising probable sales
• Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form Europe outdoor shed market
• Obtain market revenue forecast for market by various segments from 2021-2028 in Europe region.

Europe Outdoor Shed Market Segmentation

Europe Outdoor Shed Market - By Type

• Wood Sheds
• Metal Sheds
• Plastic Sheds

Europe Outdoor Shed Market -

By Application

• Residential
• Commercial 
• Industrial

Europe Outdoor Shed Market - By Country

• Germany
• France 
• Italy   
• UK 
• Russia
• Rest of Europe  

Europe Outdoor Shed Market - Company Profiles

• DuraMax
• Keter
• Lifetime Products
• Rubbermaid
• Suncast