Middle East and Africa Outdoor Shed Market

Market Introduction

The region is expected to witness a rapid increase in commercialization and industrialization, which would further boost the demand for outdoor sheds in the region. Urbanization in the Middle East is transforming the outlook of countries. The MEA stands among the most highly urbanized regions which is having the construction of the new cities. Responding toward a shift occurring in the global economic power has positioned the Middle East firmly as the world’s fastest-growing market with Dubai and Abu Dhabi turning into global industrial hubs. With the rising industrialization, the adoption of outdoor shed in the manufacturing plants is increasing. Israel, Turkey, and Saudi Arabia are a few countries that hold a significant position in the industrial growth. The government of Saudi Arabia is providing huge financial and administrative backing to the manufacturing sector. These include implementation of the required infrastructure, construction of new industrial cities such as Jubail and Yanbu, and the establishment of Saudi Industrial Development Fund (SIDF) and other incentives to help industrialization. With the rise in industrialization and manufacturing activities, there is an increase in manufacturing plants. Each manufacturing plant will require a storage space, which is increasing the demand for outdoor industrial sheds. In the MEA, there is already a pressure on the economy of various oil-based countries due to falling oil prices. In addition to this, the factory lockdowns and business shutdowns due to COVID-19, are further aggravating the economic problems of the countries in the region. The construction activities in the MEA dropped significantly. However, with the release of lockdown restrictions and start of vaccination process, the construction activities have started again. The number of factories in the region is also growing, leading to the requirements for outdoor sheds in the factories.

In case of COVID-19, MEA is highly affected especially South Africa. The MEA comprises South Africa, the UAE, Saudi Arabia, and other countries. The Middle East & Africa region has a smaller number of companies that offer market-specific solutions. According to the Institute of Chartered Accountants in England and Wales (ICAEW), the Middle East economy is anticipated to witness a sharp slowdown in the first half of 2020, regardless of impetus packages as well as monetary rate cuts to relax the economic setback of the COVID-19 outbreak. Further, the Middle East economy is projected to notice a pickup in the second half of 2021, after both demand and supply-side disruptions disappear. In the Middle East & Africa, the requirement for outdoor sheds in commercial and industrial applications is more than the residential sector, owing to major use of outdoor sheds in industries. With the imposition of lockdown, the factories are unable to operate; therefore, there is a dip in the demand in 2020. However, as the lockdown restrictions have been lifted in 2021, the manufacturing and other industrial activities have started again. The number of factories is also growing in the region, leading to the requirements of outdoor sheds for the factories. Therefore, this factor will have a positive impact on the growth of the outdoor shed market in the region.

Middle East and Africa Outdoor Shed Strategic Insights

Strategic insights for the Middle East and Africa 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.

Middle East and Africa Outdoor Shed Report Scope

Middle East and Africa Outdoor Shed Regional Insights

The geographic scope of the Middle East and Africa 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 MEA outdoor shed market is expected to grow from US$ 352.46 million in 2021 to US$ 455.66 million by 2028; it is estimated to grow at a CAGR of 3.7% from 2021 to 2028. Increase in the adoption of smartphones and the high penetration of internet are bolstering the adoption of e-commerce across the region. Nowadays, products are easily accessible, with only a tap away. This has also influenced the outdoor shed businesses to adopt online selling channels to expand their respective customer bases. Raw materials and other equipment required to construct outdoor sheds are often bulky. Therefore, in conventional purchase, it is difficult to carry everything from store to home. On the other side, in online purchases, these materials and tools are delivered at the doorstep. Also, with the help of e-commerce, a consumer compares the material quality and significant price among various options. Furthermore, the ongoing COVID-19 pandemic crisis is compelling consumers to stay indoors. With the DIY (do it yourself) concept, in the pandemic, people are getting more time to develop the outer area of their houses by themselves. As a result, the use of online shopping for both essential and nonessential goods, comprising outdoor shed materials, is increasing amid pandemic across MEA region. 

Key Market Segments

In terms of type, the metal sheds segment accounted for the largest share of the MEA outdoor shed market in 2020. In terms of application, the industrial segment held a larger market share of the MEA 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 MEA 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 MEA 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 MEA outdoor shed market 
• Efficiently plan M&A and partnership deals in MEA 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 MEA outdoor shed market
• Obtain market revenue forecast for market by various segments from 2021-2028 in MEA region.

MEA Outdoor Shed Market Segmentation

MEA Outdoor Shed Market - By Type

• Wood Sheds
• Metal Sheds
• Plastic Sheds

MEA Outdoor Shed Market -

By Application

• Residential
• Commercial 
• Industrial

MEA Outdoor Shed Market - By Country

• South Africa 
• Saudi Arabia
• UAE             
• Rest of MEA 

MEA Outdoor Shed Market - Company Profiles

• DuraMax
• Keter
• Lifetime Products
• Rubbermaid
• Suncast