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Allied Market Research

Outdoor Shed Market Material Type (Wood, Steel, Metal , Others) Application (Residential , Commercial ) Shed Type (Potting Sheds, Storage Shades, Other ) : Global Opportunity Analysis and Industry Forecast, 2020-2027

A10237
Pages: NA
Jun 2021 | 187 Views
 
Author(s) : NA
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COVID-19

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The global outdoor shed market is experiencing a significant growth, and is expected to grow considerably in next few years, owing to increase in disposable income. Outdoor shed is a small building structure that is build for storage, office, or studio, usually situated at side yard or backyard of a residential building or commercial building. Outdoor shed is used for various purposes such as for greenhouses, storing lawn mowers, garden, and yard equipment, as an office or studio outside home, or and a play house for children. There are different types of sheds such as potting shed and Gambrel- style shades among others. A potting shed works as a greenhouse. It has regular door along with glass panes or barn-like sliding door so that natural light can enter inside while working in it. A gambrel style outdoor shed have steeply sloped roof with a good head space. 

Market scope and structure analysis:

Report Metric

Details

  Market size available for years

  2020–2027

  Base year considered

  2019

  Forecast period

  2021–2027

  Forecast units

  Value ($US)

  Segments covered

  Type, Application, Industry Vertical, and Region

  Regions covered

North America (US, Canada and Mexico), Europe (Germany, UK, France, Italy, Spain and the Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Malaysia, Thailand, Indonesia, and the Rest of Asia-Pacific), LAMEA (Middle East, Brazil, and the Rest of LAMEA)

  Companies covered

Backyard Products, Keter US Leisure, Palram Applications, Arrow Storage Products, Suncast Corporation, US Polymer, Cedarshed, Sheds USA, Newell Rubbermaid, Craftsman, Lifetime Products, ShelterLogic,

 

COVID-19 ScenarioAnalysis: 

The COVID-19 outbreak has shaken the whole economy in the world. In this scenario some industries are doing extremely well while others have been crushed. The food market, cleaning & hygiene product market, and medical industry are such categories that are witnessing a significant growth. The overall performance of home care and décor market has dropped in the pandemic. It includes bedding products, cushion market, furniture, outdoor sheds, and other discretionary products. The lockdown in different economies caused impaired supply chain and unavailability of workers and raw materials, owing to which production and demand both have decreased.

Top Impacting Factors: Market Scenario Analysis, Trends, Drivers, and Impact Analysis

A wide variety of outdoor shed for various applications are available in the market, which propels demand for outdoor shed structures. Outdoor sheds are available in different materials such as wood shed, metal shed, and plastic sheds. Plastic outdoor sheds are expected to dominate the market during the projected period, owing to its practical advantages and applications over wooden and metal sheds.

Rise in disposable income of people in developing economies enhanced their purchasing power. People are now ready to pay more than before for lifestyle products and home renovation. It has increased demand for outdoor sheds. Rise in standard of living of people is also a growth driver for the outdoor shed market. As standard of living has increased wish of people to have outdoor sheds at homes and offices with antique, unique designs to have extra storage space and give a luxurious and classic feel. 

Rise in number of residential houses and bungalows along with large spaced backyards has increased demand for outdoor sheds. In addition, rise in demand for storing places for lawn mowers, fertilizers, and garden equipment has also increased demand for outdoor sheds.

Opportunities

Rise in demand for outdoor sheds in developing countries, owing to increase in lifestyle and income is expected to provide lucrative opportunities for the market growth.

Restraints

Constructing outdoor sheds by DIY (do it yourself), using outdoor shed is are expected to hamper growth of the market. In addition, high maintenance cost and hectic process of maintaining and cleaning outdoor sheds also hinder demand for these sheds.

Key Segments Covered:

Segments

Subsegments

  Material Type

  • Wood
  • Steel
  • Metal
  • Others

  Application

  • Residential
  • Commercial

  Shed Type

  • Potting Sheds
  • Storage Shades
  • Other

 

Key Benefits of the Report:

  • This study presents the analytical depiction of the global outdoor shed industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global outdoor shed market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the global outdoor shed market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed global outdoor shed market analysis based on competitive intensity and how the competition will take shape in coming years. 

Questions Answered in the Outdoor shed Market Research Report:

  • Who are the leading market players active in the outdoor shed market?
  • What would be the detailed impact of COVID-19 on the market?
  • What current trends would influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the outdoor shed market?
  • What are the projections for the future that would help in taking further strategic steps?
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

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With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

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We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
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Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

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Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

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Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
 
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