The outdoor storage in residential zones refers to the storage of items which are typically found in residential settings such as refuse containers, recreational vehicles (RVs), gardening, home furnishing, home maintenance supplies and equipment, and canopies. Residential outdoor storage products help in enhancing and utilizing the available space. These products are being used to store garden furniture or equipment, unused furniture, quad bikes, bicycles, motorbikes, and mobility scooters. These storage boxes are available in various materials and designs. Consumers are offered a choice between wooden, plastic, and metal residential outdoor storage boxes. These boxes are mostly waterproof and thus they help in keeping products safe during varied weather conditions.

The ongoing trend of innovative product design is expected to support the residential outdoor storage products market. Manufacturers of residential outdoor storage products are developing trendy and innovative product designs in order to meet the changing customer needs. Industry participants are producing durable and multifunctional products to maintain a competitive edge.

Get sample copy at:  https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=37061

The presence of the organized retail sector is one of the key factors supporting the global residential outdoor storage products market. Organized retail chains such as departmental stores and specialty stores are undergoing rapid transition in developing economies such as India, China, and Brazil. Moreover, the systematic functioning of these retail stores saves the time required to select the intended products. Shift in consumer preference from traditional to modern retail channels coupled with the changing government policies is expected to increase the share of online retail channels. This in turn has expanded the organized retail channels for residential outdoor storage products such as outdoor storage boxes, decks, and garden sheds.

The number of dual income households in North America has increased with urbanization and economic recovery, thereby resulting in increasing purchasing power of individuals. It has thus created interest in outdoor gardening and landscaping amongst the end-users. The preference for landscaping activities amongst end-users is one of the key drivers of the industry.

The global residential outdoor storage products market can be segmented by product type into fabric covered sheds, deck boxes, steel covered sheds, and wood covered sheds. By distribution channels, the market can be distributed into offline and online distribution channels. The offline distribution channels include hypermarkets and retail stores, departmental stores, supermarkets, and convenience stores. Currently, the prominent players prefer to sell their products through offline distribution channels such as specialty stores as this retail format allows a wide assortment and greater visibility of the products. This segment is expected to have highest CAGR from 2017 to 2025 as manufacturers rely on retail stores to create brand and product visibility through advertising, marketing, and promotional activities.

By application, the market can be classified into garden tools & equipment, vehicles and refuse containers. Outdoor storage sheds are extensively used in residential backyards to store numerous items such as bicycles, gardening hand tools, gardening supplies, power garden equipment, herbicides, gasoline, and others. Manufacturers offer various options for the storage sheds with different configurations, accessories, and options to enable customization needs. Customers prefer residential outdoor storage sheds or buildings made of different materials such as plastic, metal, wood, and resin.

Some of the prominent manufacturers in the residential outdoor storage products market are Backyard Products, Sheds USA, Cedarshed, Suncast Corporation, ShelterLogic, Lifetime Products, and Arrow Storage Products. The residential outdoor storage products industry is characterized by the presence of numerous diversified regional and international vendors with each company focusing on increasing its global footprint. Regional vendors are finding it difficult to compete with the international vendors in terms of technology, quality, and price.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

Purchase our Premium Research Report at:  https://www.transparencymarketresearch.com/checkout.php?rep_id=37061&ltype=S

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

Contact:

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com

LEAVE A REPLY

Please enter your comment!
Please enter your name here